United States Steel Corporation (X)
NYSE: X · Real-Time Price · USD
39.03
-1.48 (-3.65%)
At close: Nov 22, 2024, 4:00 PM
39.53
+0.50 (1.28%)
After-hours: Nov 22, 2024, 7:27 PM EST

United States Steel Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for United States Steel stock have an average target of 42.71, with a low estimate of 38.57 and a high estimate of 49. The average target predicts an increase of 9.43% from the current stock price of 39.03.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $38.57 $42.71 $42 $49
Change -1.18% +9.43% +7.61% +25.54%

Analyst Ratings

The average analyst rating for X stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111222
Buy 333444
Hold 433220
Sell 000000
Strong Sell 100000
Total 977886

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BMO Capital
BMO Capital
Buy
Maintains
$45$43
Buy Maintains $45$43 +10.17% Nov 1, 2024
GLJ Research
GLJ Research
Strong Buy
Upgrades
$39
Strong Buy Upgrades $39 -1.18% Sep 9, 2024
JP Morgan
JP Morgan
Buy
Upgrades
$40$42
Buy Upgrades $40$42 +7.61% Sep 9, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$47$41
Strong Buy Maintains $47$41 +5.05% Sep 5, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$48$49
Buy Maintains $48$49 +25.54% Aug 15, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
16.12B
from 18.05B
Decreased by -10.73%
Revenue Next Year
17.20B
from 16.12B
Increased by 6.70%
EPS This Year
2.40
from 3.56
Decreased by -32.59%
EPS Next Year
2.70
from 2.40
Increased by 12.62%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
12.94B9.74B20.28B21.07B18.05B16.12B17.20B17.56B
Revenue Growth
-8.75%-24.70%108.14%3.90%-14.30%-10.73%6.70%2.09%
EPS
-3.68-5.9214.889.163.562.402.703.62
EPS Growth
----38.44%-61.18%-32.59%12.62%34.26%
Forward PE
-----16.2814.4610.77
No. Analysts -----13138
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 17.2B 20.4B 19.5B
Avg 16.1B 17.2B 17.6B
Low 15.0B 15.1B 15.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
-4.9%
26.3%
13.6%
Avg
-10.7%
6.7%
2.1%
Low
-17.0%
-6.4%
-10.2%

EPS Forecast

EPS 202420252026
High 2.50 3.30 3.98
Avg 2.40 2.70 3.62
Low 2.27 2.24 3.26

EPS Growth

EPS Growth 202420252026
High
-29.7%
37.5%
47.4%
Avg
-32.6%
12.6%
34.3%
Low
-36.1%
-6.4%
20.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.