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United States Steel (X) Stock Forecast, Price Target & Predictions

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X Stock Forecast

United States Steel stock forecast is as follows: an average price target of $39.52 (represents a 8.16% upside from X’s last price of $36.54) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

X Price Target

The average price target for United States Steel (X) is $39.52 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $41.00 to $38.57. This represents a potential 8.16% upside from X's last price of $36.54.

X Analyst Ratings

Buy

According to 12 Wall Street analysts, United States Steel's rating consensus is 'Buy'. The analyst rating breakdown for X stock is 1 'Strong Buy' (8.33%), 9 'Buy' (75.00%), 1 'Hold' (8.33%), 1 'Sell' (8.33%), and 0 'Strong Sell' (0.00%).

United States Steel Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 03, 2025Carlos De AlbaMorgan Stanley$39.00$30.7027.04%6.73%
Sep 19, 2024Christopher LaFeminaJefferies$41.00$37.698.80%12.21%
Sep 19, 2024Carlos De AlbaMorgan Stanley$49.00$37.7029.97%34.10%
Sep 09, 2024Gordon JohnsonGLJ Research$38.57$32.3119.38%5.56%
Jun 17, 2024Katja JancicBMO Capital$43.00$36.8716.63%17.68%
May 20, 2024Christopher LaFeminaJefferies$45.00$35.9125.31%23.15%
May 06, 2024Carlos De AlbaMorgan Stanley$48.00$36.4731.62%31.36%
Mar 18, 2024Katja JancicBMO Capital$45.00$38.8715.77%23.15%
Sep 16, 2022Curt WoodworthCredit Suisse$37.00$20.3082.27%1.26%
Aug 01, 2022Morgan Stanley$21.50$23.65-9.09%-41.16%
Jul 06, 2022Morgan Stanley$20.00$16.8019.08%-45.27%
Jun 17, 2022Curt WoodworthCredit Suisse$44.00$20.04119.62%20.42%
Jun 17, 2022David GaglianoBMO Capital$23.00$20.0414.77%-37.06%
Jun 14, 2022J.P. Morgan$28.00$20.3237.76%-23.37%
May 31, 2022Goldman Sachs$22.00$26.08-15.64%-39.79%
May 11, 2022Morgan Stanley$27.00$25.007.98%-26.11%
Mar 07, 2022Carlos De AlbaMorgan Stanley$31.00$31.20-0.64%-15.16%
Jun 04, 2021Andreas BokkenheuserUBS$30.00$26.1414.77%-17.90%

The latest United States Steel stock forecast, released on Jan 03, 2025 by Carlos De Alba from Morgan Stanley, set a price target of $39.00, which represents a 27.04% increase from the stock price at the time of the forecast ($30.70), and a 6.73% increase from X last price ($36.54).

United States Steel Price Target by Period

1M3M12M
# Anlaysts118
Avg Price Target$39.00$39.00$43.57
Last Closing Price$36.54$36.54$36.54
Upside/Downside6.73%6.73%19.24%

In the current month, the average price target of United States Steel stock is $39.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 6.73% increase as opposed to United States Steel's last price of $36.54. This month's average price target is down 0.00% compared to last quarter, and down -10.49% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Jan 03, 2025Morgan StanleyOverweightOverweightHold
Jan 03, 2025CitigroupOverweightOverweightHold
Dec 11, 2024GLJ ResearchBuyBuyHold
Sep 19, 2024KeyBancSector WeightSector WeightHold
Sep 19, 2024Morgan StanleyOverweightOverweightHold
Sep 09, 2024GLJ ResearchBuyUpgrade
Sep 06, 2024JefferiesBuyBuyHold
Sep 06, 2024Exane BNP ParibasOutperformUpgrade
Sep 05, 2024BMO CapitalOutperformOutperformHold
Aug 15, 2024Morgan StanleyOverweightOverweightHold
Jun 25, 2024BMO CapitalMarket PerformOutperformUpgrade
Jun 17, 2024BMO CapitalMarket PerformMarket PerformHold
Jun 17, 2024Morgan StanleyOverweightOverweightHold
May 20, 2024JefferiesBuyInitialise
May 06, 2024Morgan StanleyEqual-WeightOverweightUpgrade
Apr 09, 2024Wolfe ResearchOutperformUpgrade
Feb 15, 2024Morgan StanleyOverweightEqual-WeightDowngrade
Dec 13, 2023CFRAStrong BuyUpgrade
Oct 02, 2023Morgan StanleyEqual-WeightOverweightUpgrade
Sep 16, 2022Credit SuisseOutperformOutperformHold
Aug 01, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 06, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jun 17, 2022BMO CapitalMarket PerformMarket PerformHold
Jun 17, 2022Credit SuisseOutperformOutperformHold
May 31, 2022Goldman SachsSellSellHold
May 11, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Mar 07, 2022Morgan StanleyEqual-WeightUpgrade
Jan 12, 2021BMO CapitalMarket PerformMarket PerformHold
Jan 12, 2021Deutsche BankBuyUpgrade

United States Steel's last stock rating was published by Morgan Stanley on Jan 03, 2025. The company gave X a "Overweight" rating, the same as its previous rate.

United States Steel Financial Forecast

United States Steel Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$4.14B$4.43B$5.01B$4.47B$4.34B$5.20B$6.29B$5.23B$5.62B$5.96B$5.03B$3.66B$2.56B$2.34B$2.09B$2.75B$2.82B$3.07B
Avg Forecast$4.40B$4.40B$4.51B$4.73B$4.54B$4.53B$4.39B$3.84B$3.54B$3.77B$4.01B$4.22B$3.73B$4.39B$5.11B$4.26B$4.03B$5.04B$5.82B$5.22B$5.44B$5.79B$4.63B$3.68B$2.58B$2.14B$1.84B$2.80B$2.78B$3.05B
High Forecast$4.54B$4.54B$4.66B$4.89B$4.69B$4.68B$4.53B$4.09B$4.08B$3.80B$4.01B$4.22B$4.03B$4.66B$5.28B$4.40B$4.36B$5.04B$5.82B$5.22B$5.44B$5.79B$4.63B$3.68B$2.58B$2.14B$1.84B$2.80B$2.78B$3.05B
Low Forecast$4.03B$4.03B$4.13B$4.34B$4.16B$4.15B$4.02B$3.21B$3.02B$3.74B$4.01B$4.22B$3.29B$4.12B$4.68B$3.90B$3.61B$5.04B$5.82B$5.22B$5.44B$5.79B$4.63B$3.68B$2.58B$2.14B$1.84B$2.80B$2.78B$3.05B
# Analysts222211144233642211112222277986
Surprise %------------1.11%1.01%0.98%1.05%1.08%1.03%1.08%1.00%1.03%1.03%1.09%1.00%0.99%1.09%1.14%0.98%1.02%1.01%

United States Steel's average Quarter revenue forecast for Mar 24 based on 3 analysts is $4.22B, with a low forecast of $4.22B, and a high forecast of $4.22B. X's average Quarter revenue forecast represents a 1.76% increase compared to the company's last Quarter revenue of $4.14B (Dec 23).

United States Steel EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144233642211112222277986
EBITDA------------$76.00M$571.00M$845.00M$429.00M$314.00M$775.00M$1.67B$1.31B$1.28B$2.53B$1.26B$373.00M$199.00M$-174.00M$-530.00M$-360.00M$-402.00M$-96.00M
Avg Forecast$497.58M$497.58M$510.22M$535.49M$513.35M$512.31M$495.99M$434.55M$400.00M$426.37M$453.98M$1.61B$421.72M$496.49M$577.59M$1.46B$1.66B$632.76M$730.19M$1.33B$681.88M$726.29M$580.68M$303.32M$323.64M$268.13M$230.57M$-421.36M$348.22M$382.09M
High Forecast$513.94M$513.94M$526.99M$553.10M$530.23M$529.16M$512.30M$462.70M$460.92M$430.28M$453.98M$1.93B$455.91M$526.58M$596.59M$1.75B$1.99B$632.76M$730.19M$1.60B$681.88M$726.29M$580.68M$363.98M$323.64M$268.13M$230.57M$-337.09M$348.22M$382.09M
Low Forecast$455.69M$455.69M$467.27M$490.41M$470.14M$469.19M$454.24M$362.50M$341.38M$422.46M$453.98M$1.29B$371.57M$466.22M$528.97M$1.17B$1.32B$632.76M$730.19M$1.06B$681.88M$726.29M$580.68M$242.65M$323.64M$268.13M$230.57M$-505.64M$348.22M$382.09M
Surprise %------------0.18%1.15%1.46%0.29%0.19%1.22%2.28%0.99%1.88%3.49%2.17%1.23%0.61%-0.65%-2.30%0.85%-1.15%-0.25%

3 analysts predict X's average Quarter EBITDA for Mar 24 to be $1.61B, with a high of $1.93B and a low of $1.29B. This is 2016.47% upper than United States Steel's previous annual EBITDA (Dec 23) of $76.00M.

United States Steel Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144233642211112222277986
Net Income------------$-80.00M$299.00M$477.00M$199.00M$174.00M$490.00M$978.00M$882.00M$1.07B$2.00B$1.01B$91.00M$49.00M$-234.00M$-589.00M$-391.00M$-668.00M$-84.00M
Avg Forecast$194.94M$188.92M$216.10M$246.01M$239.07M$206.25M$139.01M$-23.33M$-26.76M$104.29M$192.01M$1.03B$71.04M$285.37M$455.72M$937.31M$1.38B$490.29M$928.99M$852.10M$1.11B$1.22B$783.30M$74.00M$-177.02M$-367.59M$-647.18M$-457.65M$-260.76M$-62.69M
High Forecast$203.27M$197.00M$225.34M$256.52M$249.29M$215.07M$144.95M$326.58M$-25.69M$108.93M$192.04M$1.24B$88.09M$297.77M$475.20M$1.12B$1.66B$490.29M$928.99M$1.02B$1.11B$1.22B$783.30M$88.80M$-177.02M$-367.59M$-647.18M$-366.12M$-260.76M$-62.69M
Low Forecast$173.61M$168.24M$192.46M$219.08M$212.91M$183.68M$123.80M$-361.57M$-27.83M$99.65M$191.97M$824.83M$62.51M$277.92M$405.84M$749.85M$1.10B$490.29M$928.99M$681.68M$1.11B$1.22B$783.30M$59.20M$-177.02M$-367.59M$-647.18M$-549.18M$-260.76M$-62.69M
Surprise %-------------1.13%1.05%1.05%0.21%0.13%1.00%1.05%1.04%0.96%1.64%1.29%1.23%-0.28%0.64%0.91%0.85%2.56%1.34%

United States Steel's average Quarter net income forecast for Dec 23 is $71.04M, with a range of $62.51M to $88.09M. X's average Quarter net income forecast represents a -76.24% decrease compared to the company's last Quarter net income of $299.00M (Sep 23).

United States Steel SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144233642211112222277986
SG&A------------$181.00M$118.00M$103.00M$99.00M$98.00M$95.00M$112.00M$117.00M$110.00M$108.00M$106.00M$96.00M$75.00M$65.00M$62.00M$72.00M$66.00M$63.00M
Avg Forecast$104.94M$104.94M$107.61M$112.94M$108.27M$108.05M$104.61M$91.65M$84.36M$89.93M$95.75M$136.77M$88.94M$104.72M$121.82M$124.34M$142.13M$123.84M$142.91M$113.03M$133.46M$142.15M$113.65M$78.07M$63.34M$52.48M$45.13M$84.27M$68.15M$74.78M
High Forecast$108.40M$108.40M$111.15M$116.65M$111.83M$111.61M$108.05M$97.59M$97.21M$90.75M$95.75M$164.13M$96.16M$111.06M$125.83M$149.20M$170.55M$123.84M$142.91M$135.64M$133.46M$142.15M$113.65M$93.68M$63.34M$52.48M$45.13M$101.13M$68.15M$74.78M
Low Forecast$96.11M$96.11M$98.55M$103.43M$99.16M$98.96M$95.80M$76.46M$72.00M$89.10M$95.75M$109.42M$78.37M$98.33M$111.57M$99.47M$113.70M$123.84M$142.91M$90.43M$133.46M$142.15M$113.65M$62.45M$63.34M$52.48M$45.13M$67.42M$68.15M$74.78M
Surprise %------------2.03%1.13%0.85%0.80%0.69%0.77%0.78%1.04%0.82%0.76%0.93%1.23%1.18%1.24%1.37%0.85%0.97%0.84%

United States Steel's average Quarter SG&A projection for Mar 24 is $136.77M, based on 3 Wall Street analysts, with a range of $109.42M to $164.13M. The forecast indicates a -24.44% fall compared to X last annual SG&A of $181.00M (Dec 23).

United States Steel EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211144233642211112222277986
EPS------------$-0.00$1.34-$0.87$0.75$2.07$3.80$3.37$3.97$7.41$3.75$0.36$0.22$-1.06$-3.36$-2.30$-4.00$-0.49
Avg Forecast$0.77$0.74$0.85$0.97$0.94$0.81$0.55$-0.09$-0.11$0.41$0.76$0.82$0.28$1.12$1.79$0.45$0.53$1.93$3.65$3.02$4.37$4.81$3.08$0.88$-0.70$-1.45$-2.55$-0.84$-1.03$-0.25
High Forecast$0.80$0.78$0.89$1.01$0.98$0.85$0.57$1.29$-0.10$0.43$0.76$0.82$0.35$1.17$1.87$0.47$0.59$1.93$3.65$3.02$4.37$4.81$3.08$0.88$-0.70$-1.45$-2.55$-0.84$-1.03$-0.25
Low Forecast$0.68$0.66$0.76$0.86$0.84$0.72$0.49$-1.42$-0.11$0.39$0.76$0.82$0.25$1.09$1.60$0.40$0.46$1.93$3.65$3.02$4.37$4.81$3.08$0.88$-0.70$-1.45$-2.55$-0.84$-1.03$-0.25
Surprise %-------------0.00%1.19%0.00%1.93%1.42%1.07%1.04%1.11%0.91%1.54%1.22%0.41%-0.32%0.73%1.32%2.74%3.90%1.99%

According to 6 Wall Street analysts, United States Steel's projected average Quarter EPS for Dec 23 is $0.28, with a low estimate of $0.25 and a high estimate of $0.35. This represents a -79.13% decrease compared to X previous annual EPS of $1.34 (Sep 23).

United States Steel Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GGBGerdau$2.94$5.0070.07%Buy
PKXPOSCO$45.41$77.0069.57%Hold
TXTernium$30.00$50.0066.67%Buy
CLFCleveland-Cliffs$10.25$16.5060.98%Buy
MTArcelorMittal$24.70$31.0025.51%Buy
CMCCommercial Metals$49.91$62.0024.22%Hold
NUENucor$126.87$154.7521.98%Hold
STLDSteel Dynamics$129.17$145.6012.72%Buy
RSReliance Steel & Aluminum$292.57$325.0011.08%Buy
XUnited States Steel$36.54$39.528.16%Buy

X Forecast FAQ

Is United States Steel a good buy?

Yes, according to 12 Wall Street analysts, United States Steel (X) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 9 'Buy' recommendations, accounting for 83.33% of X's total ratings.

What is X's price target?

United States Steel (X) average price target is $39.52 with a range of $38.57 to $41, implying a 8.16% from its last price of $36.54. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will United States Steel stock go up soon?

According to Wall Street analysts' prediction for X stock, the company can go up by 8.16% (from the last price of $36.54 to the average price target of $39.52), up by 12.21% based on the highest stock price target, and up by 5.56% based on the lowest stock price target.

Can United States Steel stock reach $50?

X's average twelve months analyst stock price target of $39.52 does not support the claim that United States Steel can reach $50 in the near future.

What is United States Steel's current price target trend?

1 Wall Street analyst forecast a $39 price target for United States Steel (X) this month, up 6.73% from its last price of $36.54. Compared to the last 3 and 12 months, the average price target increased by 6.73% and increased by 19.24%, respectively.

What are United States Steel's analysts' financial forecasts?

United States Steel's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $17.3B (high $17.99B, low $15.53B), average EBITDA is $1.96B (high $2.03B, low $1.76B), average net income is $561.01M (high $935.89M, low $158.81M), average SG&A $412.58M (high $429.07M, low $370.37M), and average EPS is $2.21 (high $3.68, low $0.625). X's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $18.05B (high $18.64B, low $16.53B), average EBITDA is $2.04B (high $2.11B, low $1.87B), average net income is $845.97M (high $882.13M, low $753.39M), average SG&A $430.44M (high $444.59M, low $394.2M), and average EPS is $3.33 (high $3.47, low $2.97).

Did the X's actual financial results beat the analysts' financial forecasts?

Based on United States Steel's last annual report (Dec 2023), the company's revenue was $16.04B, which missed the average analysts forecast of $17.49B by -8.29%. Apple's EBITDA was $2.04B, missing the average prediction of $2.96B by -31.21%. The company's net income was $895M, missing the average estimation of $1.75B by -48.84%. Apple's SG&A was $501M, beating the average forecast of $439.82M by 13.91%. Lastly, the company's EPS was $3.98, beating the average prediction of $3.65 by 9.10%. In terms of the last quarterly report (Dec 2023), United States Steel's revenue was $4.14B, beating the average analysts' forecast of $3.73B by 11.13%. The company's EBITDA was $76M, missing the average prediction of $421.72M by -81.98%. United States Steel's net income was $-80M, missing the average estimation of $71.04M by -212.62%. The company's SG&A was $181M, beating the average forecast of $88.94M by 103.50%. Lastly, the company's EPS was $-0.0004, missing the average prediction of $0.28 by -100.14%