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 $36.45 (represents a 0.22% upside from X’s last price of $36.37) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

X Price Target


The average price target for United States Steel (X) is $36.45 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $48.00 to $22.00. This represents a potential 0.22% upside from X's last price of $36.37.

X Analyst Ratings


Buy

According to 10 Wall Street analysts, United States Steel's rating consensus is 'Buy'. The analyst rating breakdown for X stock is 1 'Strong Buy' (10.00%), 8 'Buy' (80.00%), 0 'Hold' (0.00%), 1 'Sell' (10.00%), 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
Sep 09, 2024Gordon JohnsonGLJ Research$38.57$32.3119.38%6.05%
Jun 17, 2024Katja JancicBMO Capital$43.00$36.8716.63%18.23%
May 20, 2024Christopher LaFeminaJefferies$45.00$35.9125.31%23.73%
May 06, 2024Carlos De AlbaMorgan Stanley$48.00$36.4731.62%31.98%
Mar 18, 2024Katja JancicBMO Capital$45.00$38.8715.77%23.73%
Sep 16, 2022Curt WoodworthCredit Suisse$37.00$20.3082.27%1.73%
Aug 01, 2022-Morgan Stanley$21.50$23.65-9.09%-40.89%
Jul 06, 2022-Morgan Stanley$20.00$16.8019.08%-45.01%
Jun 17, 2022Curt WoodworthCredit Suisse$44.00$20.04119.62%20.98%
Jun 17, 2022David GaglianoBMO Capital$23.00$20.0414.77%-36.76%
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The latest United States Steel stock forecast, released on Sep 09, 2024 by Gordon Johnson from GLJ Research, set a price target of $38.57, which represents a 19.38% increase from the stock price at the time of the forecast ($32.31), and a 6.05% increase from X last price ($36.37).

United States Steel Price Target by Period


1M3M12M
# Anlaysts125
Avg Price Target$38.57$40.78$43.91
Last Closing Price$36.37$36.37$36.37
Upside/Downside6.05%12.13%20.73%

In the current month, the average price target of United States Steel stock is $38.57, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 6.05% increase as opposed to United States Steel's last price of $36.37. This month's average price target is down -5.42% compared to last quarter, and down -12.16% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 09, 2024GLJ Research-BuyUpgrade
Sep 06, 2024JefferiesBuyBuyHold
Sep 06, 2024Exane BNP Paribas-OutperformUpgrade
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, 2024Jefferies-BuyInitialise
May 06, 2024Morgan StanleyEqual-WeightOverweightUpgrade
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United States Steel's last stock rating was published by GLJ Research on Sep 09, 2024. The company Upgrade its X rating from "null" to "Buy".

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 22Jul 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-$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$4.53B$4.48B$4.58B$4.49B$3.86B$3.78B$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$4.97B$4.97B$5.10B$5.35B$5.11B$5.07B$5.17B$5.07B$4.36B$4.30B$4.54B$4.77B$4.03B$4.66B$5.77B$4.82B$4.55B$5.70B$5.82B$5.57B$5.80B$6.18B$4.94B$3.92B$2.75B$2.28B$1.96B$2.98B$2.96B$3.25B
Low Forecast$3.86B$3.86B$3.96B$4.16B$3.97B$3.94B$4.02B$3.94B$3.39B$3.33B$3.53B$3.70B$3.29B$4.12B$4.49B$3.74B$3.54B$4.43B$5.82B$4.64B$4.83B$5.14B$4.11B$3.27B$2.29B$1.90B$1.63B$2.48B$2.47B$2.71B
# Analysts3345452237336422111122285510744
Surprise %------------1.11%1.01%0.98%1.05%1.08%1.03%-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 $3.70B, and a high forecast of $4.77B. 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452237336422111122285510744
EBITDA------------$76.00M$571.00M$845.00M$429.00M$314.00M$775.00M-$1.31B$1.28B$2.53B$1.26B$373.00M$199.00M$-174.00M$-530.00M$-360.00M$-402.00M$-96.00M
Avg Forecast$551.88M$551.88M$565.90M$593.93M$567.70M$562.56M$574.36M$563.17M$483.91M$474.62M$503.53M$1.61B$467.74M$550.68M$640.63M$1.46B$505.17M$2.49B$730.19M$1.33B$1.50B$2.27B$1.18B$303.32M$287.09M$-202.80M$-558.19M$-421.36M$-514.99M$-122.48M
High Forecast$623.71M$623.71M$639.55M$671.23M$641.59M$635.78M$649.12M$636.47M$546.89M$538.82M$569.06M$1.93B$505.66M$584.05M$724.01M$1.75B$570.92M$2.99B$730.19M$1.60B$1.81B$2.72B$1.41B$363.98M$344.50M$-162.24M$-446.55M$-337.09M$-412.00M$-97.99M
Low Forecast$484.69M$484.69M$497.00M$521.62M$498.59M$494.07M$504.43M$494.60M$424.99M$417.97M$442.22M$1.29B$412.12M$517.10M$562.64M$1.17B$443.67M$1.99B$730.19M$1.06B$1.20B$1.81B$941.76M$242.65M$229.67M$-243.36M$-669.83M$-505.64M$-617.99M$-146.98M
Surprise %------------0.16%1.04%1.32%0.29%0.62%0.31%-0.99%0.85%1.12%1.07%1.23%0.69%0.86%0.95%0.85%0.78%0.78%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452237336422111122285510744
Net Income------------$-80.00M$299.00M$477.00M$199.00M$174.00M$490.00M-$882.00M$1.07B$2.00B$1.01B$91.00M$49.00M$-234.00M$-589.00M$-391.00M$-668.00M$-84.00M
Avg Forecast$193.30M$193.30M$218.02M$242.12M$228.81M$199.57M$202.23M$168.16M$90.62M$91.65M$192.15M$1.03B$71.09M$285.58M$456.05M$937.31M$134.70M$1.97B$930.22M$852.10M$1.26B$1.79B$944.75M$74.00M$70.69M$-272.73M$-620.33M$-457.65M$-855.76M$-107.17M
High Forecast$226.01M$226.01M$254.91M$283.09M$267.53M$233.34M$236.45M$196.62M$105.96M$111.46M$224.66M$1.24B$88.15M$297.99M$533.22M$1.12B$157.49M$2.36B$930.22M$1.02B$1.51B$2.15B$1.13B$88.80M$84.83M$-218.18M$-496.26M$-366.12M$-684.61M$-85.74M
Low Forecast$162.71M$162.71M$183.51M$203.80M$192.60M$167.99M$170.22M$141.55M$76.28M$71.83M$161.74M$824.83M$62.56M$278.13M$383.87M$749.85M$113.38M$1.58B$930.22M$681.68M$1.00B$1.43B$755.80M$59.20M$56.55M$-327.28M$-744.40M$-549.18M$-1.03B$-128.61M
Surprise %-------------1.13%1.05%1.05%0.21%1.29%0.25%-1.04%0.85%1.12%1.07%1.23%0.69%0.86%0.95%0.85%0.78%0.78%

United States Steel's average Quarter net income forecast for Dec 23 is $71.09M, with a range of $62.56M to $88.15M. X's average Quarter net income forecast represents a -76.22% 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452237336422111122285510744
SG&A------------$181.00M$118.00M$103.00M$99.00M$98.00M$95.00M-$117.00M$110.00M$108.00M$106.00M$96.00M$75.00M$65.00M$62.00M$72.00M$66.00M$63.00M
Avg Forecast$108.01M$108.01M$110.76M$116.24M$111.11M$110.10M$112.41M$110.22M$94.71M$92.89M$98.55M$136.77M$91.54M$107.78M$125.38M$124.34M$98.87M$106.31M$142.91M$113.03M$129.21M$96.64M$98.96M$78.07M$108.20M$75.76M$65.30M$84.27M$84.55M$80.38M
High Forecast$122.07M$122.07M$125.17M$131.37M$125.57M$124.43M$127.04M$124.57M$107.04M$105.46M$111.37M$164.13M$98.97M$114.31M$141.70M$149.20M$111.74M$127.57M$142.91M$135.64M$155.05M$115.97M$118.75M$93.68M$129.84M$90.91M$78.36M$101.13M$101.46M$96.46M
Low Forecast$94.86M$94.86M$97.27M$102.09M$97.58M$96.70M$98.73M$96.80M$83.18M$81.80M$86.55M$109.42M$80.66M$101.20M$110.12M$99.47M$86.83M$85.05M$142.91M$90.43M$103.37M$77.31M$79.16M$62.45M$86.56M$60.61M$52.24M$67.42M$67.64M$64.30M
Surprise %------------1.98%1.09%0.82%0.80%0.99%0.89%-1.04%0.85%1.12%1.07%1.23%0.69%0.86%0.95%0.85%0.78%0.78%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452237336422111122285510744
EPS------------$-0.00$1.34-$0.87$0.75$2.07-$3.37$3.97$7.41$3.75$0.36$0.22$-1.06$-3.36$-2.30$-4.00$-0.49
Avg Forecast$0.76$0.76$0.86$0.95$0.90$0.78$0.80$0.66$0.36$0.36$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$0.89$0.89$1.00$1.11$1.05$0.92$0.93$0.77$0.42$0.44$0.88$0.95$0.35$1.17$2.10$0.53$0.62$2.25$3.65$3.28$4.75$5.22$3.35$0.95$-0.60$-1.24$-2.18$-0.72$-0.88$-0.21
Low Forecast$0.64$0.64$0.72$0.80$0.76$0.66$0.67$0.56$0.30$0.28$0.64$0.69$0.25$1.09$1.51$0.38$0.45$1.62$3.65$2.58$3.74$4.11$2.63$0.75$-0.76$-1.57$-2.77$-0.91$-1.11$-0.27
Surprise %-------------0.00%1.19%0.00%1.93%1.42%1.07%-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
SCHNSchnitzer Steel Industries$33.20$215.00547.59%-
CLFCleveland-Cliffs$11.75$19.8568.94%Buy
MTArcelorMittal$22.86$36.8761.29%Buy
GGBGerdau$3.35$5.0049.25%Buy
TXTernium$34.16$50.0046.37%Buy
STLDSteel Dynamics$111.01$128.0015.30%Hold
CMCCommercial Metals Company$51.43$58.3313.42%Buy
NUENucor$142.96$159.1311.31%Hold
PKXPOSCO$69.62$77.0010.60%Hold
XUnited States Steel$36.37$36.450.22%Buy
RSReliance Steel & Aluminum$279.29$230.00-17.65%Buy

X Forecast FAQ


Yes, according to 10 Wall Street analysts, United States Steel (X) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 8 'Buy' recommendations, accounting for 90.00% of X's total ratings.

United States Steel (X) average price target is $36.45 with a range of $22 to $48, implying a 0.22% from its last price of $36.37. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for X stock, the company can go up by 0.22% (from the last price of $36.37 to the average price target of $36.45), up by 31.98% based on the highest stock price target, and down by -39.51% based on the lowest stock price target.

X's average twelve months analyst stock price target of $36.45 does not support the claim that United States Steel can reach $50 in the near future.

1 Wall Street analyst forecast a $38.57 price target for United States Steel (X) this month, up 6.05% from its last price of $36.37. Compared to the last 3 and 12 months, the average price target increased by 12.13% and increased by 20.73%, respectively.

United States Steel's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $18.08B (high $20.43B, low $15.88B), average EBITDA is $2.27B (high $2.56B, low $1.99B), average net income is $798.78M (high $933.94M, low $672.36M), average SG&A $443.84M (high $501.61M, low $389.81M), and average EPS is $3.14 (high $3.67, low $2.64). X's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $18.05B (high $20.39B, low $15.85B), average EBITDA is $2.26B (high $2.56B, low $1.99B), average net income is $846.75M (high $990.02M, low $712.73M), average SG&A $443.02M (high $500.68M, low $389.09M), and average EPS is $3.33 (high $3.89, low $2.8).

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 $3.12B by -34.80%. The company's net income was $895M, missing the average estimation of $1.75B by -48.86%. Apple's SG&A was $501M, beating the average forecast of $449.04M by 11.57%. 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 $467.74M by -83.75%. United States Steel's net income was $-80M, missing the average estimation of $71.09M by -212.53%. The company's SG&A was $181M, beating the average forecast of $91.54M by 97.72%. Lastly, the company's EPS was $-0.0004, missing the average prediction of $0.28 by -100.14%