United States Steel (X) Stock Forecast, Price Target & Predictions
X Stock Forecast
United States Steel stock forecast is as follows: an average price target of $36.07 (represents a -10.96% downside from X’s last price of $40.51) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
X Price Target
The average price target for United States Steel (X) is $36.07 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $49.00 to $22.00. This represents a potential -10.96% downside from X's last price of $40.51.
X Analyst Ratings
According to 11 Wall Street analysts, United States Steel's rating consensus is 'Buy'. The analyst rating breakdown for X stock is 1 'Strong Buy' (9.09%), 8 'Buy' (72.73%), 1 'Hold' (9.09%), 1 'Sell' (9.09%), and 0 'Strong Sell' (0.00%).
United States Steel Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 19, 2024 | Christopher LaFemina | Jefferies | - | - | 8.80% | 1.21% |
| Sep 19, 2024 | Carlos De Alba | Morgan Stanley | - | - | 29.97% | 20.96% |
| Sep 09, 2024 | Gordon Johnson | GLJ Research | - | - | 19.38% | -4.79% |
| Jun 17, 2024 | Katja Jancic | BMO Capital | - | - | 16.63% | 6.15% |
| May 20, 2024 | Christopher LaFemina | Jefferies | - | - | 25.31% | 11.08% |
| May 06, 2024 | Carlos De Alba | Morgan Stanley | - | - | 31.62% | 18.49% |
| Mar 18, 2024 | Katja Jancic | BMO Capital | - | - | 15.77% | 11.08% |
| Sep 16, 2022 | Curt Woodworth | Credit Suisse | - | - | 82.27% | -8.66% |
| Aug 01, 2022 | Morgan Stanley | - | - | -9.09% | -46.93% | |
| Jul 06, 2022 | Morgan Stanley | - | - | 19.08% | -50.63% |
The latest United States Steel stock forecast, released on Sep 19, 2024 by Christopher LaFemina from Jefferies, set a price target of $41.00, which represents a 8.80% increase from the stock price at the time of the forecast ($37.69), and a 1.21% increase from X last price ($40.51).
United States Steel Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 7 |
| Avg Price Target | - | $42.86 | $44.22 |
| Last Closing Price | $40.51 | $40.51 | $40.51 |
| Upside/Downside | -100.00% | 5.80% | 9.16% |
In the current month, the average price target of United States Steel stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to United States Steel's last price of $40.51. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 19, 2024 | KeyBanc | Sector Weight | Sector Weight | Hold |
| Sep 19, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Sep 09, 2024 | GLJ Research | Buy | Upgrade | |
| Sep 06, 2024 | Jefferies | Buy | Buy | Hold |
| Sep 06, 2024 | Exane BNP Paribas | Outperform | Upgrade | |
| Sep 05, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Aug 15, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Jun 25, 2024 | BMO Capital | Market Perform | Outperform | Upgrade |
| Jun 17, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Jun 17, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
United States Steel's last stock rating was published by KeyBanc on Sep 19, 2024. The company gave X a "Sector Weight" rating, the same as its previous rate.
United States Steel Financial Forecast
United States Steel Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $4.63B | $4.55B | $4.50B | $4.19B | $3.72B | $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 | $4.78B | $4.78B | $4.90B | $5.15B | $5.03B | $4.94B | $4.89B | $4.67B | $4.29B | $3.80B | $4.01B | $4.22B | $4.03B | $4.66B | $5.55B | $4.63B | $4.38B | $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 | $4.00B | $4.00B | $4.11B | $4.31B | $4.21B | $4.14B | $4.10B | $3.67B | $3.15B | $3.74B | $4.01B | $4.22B | $3.29B | $4.12B | $4.65B | $3.88B | $3.67B | $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 |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| 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 | $523.20M | $514.02M | $509.13M | $473.95M | $421.23M | $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 | $540.76M | $540.76M | $554.50M | $581.96M | $568.61M | $558.63M | $553.31M | $528.28M | $485.43M | $430.28M | $453.98M | $1.93B | $455.91M | $526.58M | $627.72M | $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 | $452.82M | $452.82M | $464.32M | $487.32M | $476.14M | $467.78M | $463.33M | $415.00M | $355.91M | $422.46M | $453.98M | $1.29B | $371.57M | $466.22M | $525.64M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| 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 | $191.74M | $191.74M | $217.32M | $245.50M | $233.15M | $211.49M | $201.41M | $87.99M | $65.72M | $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 | $213.37M | $213.37M | $241.84M | $273.20M | $259.45M | $235.35M | $224.14M | $147.98M | $112.66M | $108.93M | $192.04M | $1.24B | $88.09M | $297.77M | $507.13M | $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 | $169.32M | $169.32M | $191.91M | $216.79M | $205.88M | $186.76M | $177.86M | $55.99M | $31.29M | $99.65M | $191.97M | $824.83M | $62.51M | $277.92M | $402.42M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| 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 | $110.35M | $108.41M | $107.38M | $99.96M | $88.84M | $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 | $114.05M | $114.05M | $116.95M | $122.74M | $119.93M | $117.82M | $116.70M | $111.42M | $102.38M | $90.75M | $95.75M | $164.13M | $96.16M | $111.06M | $132.39M | $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 | $95.50M | $95.50M | $97.93M | $102.78M | $100.42M | $98.66M | $97.72M | $87.53M | $75.06M | $89.10M | $95.75M | $109.42M | $78.37M | $98.33M | $110.86M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 5 | 4 | 3 | 3 | 6 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 7 | 7 | 9 | 8 | 6 |
| 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 | $0.75 | $0.75 | $0.86 | $0.97 | $0.92 | $0.83 | $0.79 | $0.35 | $0.26 | $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 | $0.84 | $0.84 | $0.95 | $1.08 | $1.02 | $0.93 | $0.88 | $0.58 | $0.44 | $0.43 | $0.76 | $0.82 | $0.35 | $1.17 | $2.00 | $0.50 | $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 | $0.67 | $0.67 | $0.76 | $0.85 | $0.81 | $0.74 | $0.70 | $0.22 | $0.12 | $0.39 | $0.76 | $0.82 | $0.25 | $1.09 | $1.58 | $0.40 | $0.47 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SCHN | Schnitzer Steel Industries | - | - | 547.59% | |
| CLF | Cleveland-Cliffs | - | - | 67.09% | Buy |
| TX | Ternium | - | - | 49.79% | Buy |
| GGB | Gerdau | - | - | 47.49% | Buy |
| MT | ArcelorMittal | - | - | 45.79% | Buy |
| PKX | POSCO | - | - | 41.54% | Hold |
| NUE | Nucor | - | - | 0.08% | Hold |
| CMC | Commercial Metals Company | - | - | -1.14% | Buy |
| STLD | Steel Dynamics | - | - | -7.56% | Buy |
| X | United States Steel | - | - | -10.96% | Buy |
| RS | Reliance Steel & Aluminum | - | - | -12.30% | Buy |