United States Steel Corporation (X)
NYSE: X · IEX Real-Time Price · USD
38.18
+0.34 (0.90%)
At close: Jul 19, 2024, 4:00 PM
38.12
-0.06 (-0.16%)
Pre-market: Jul 22, 2024, 7:32 AM EDT
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, with a low estimate of 32 and a high estimate of 48. The average target predicts an increase of 10.01% from the current stock price of 38.18.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for X stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 0 | 0 | 1 | 2 | 3 | 3 |
| Hold | 6 | 6 | 6 | 5 | 4 | 3 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Total | 8 | 8 | 8 | 9 | 9 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $43 → $40 | Hold | Maintains | $43 → $40 | +4.77% | Jul 16, 2024 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $43 → $45 | Hold → Buy | Upgrades | $43 → $45 | +17.86% | Jun 26, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $45 | Strong Buy | Initiates | $45 | +17.86% | May 20, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $51 → $48 | Hold → Buy | Upgrades | $51 → $48 | +25.72% | May 6, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $47 → $43 | Hold | Maintains | $47 → $43 | +12.62% | May 3, 2024 |
Financial Forecast
Revenue This Year
16.60B
from 18.05B
Decreased by -8.05%
Revenue Next Year
17.80B
from 16.60B
Increased by 7.25%
EPS This Year
2.92
from 3.56
Decreased by -17.93%
EPS Next Year
3.21
from 2.92
Increased by 9.83%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.4B | 20.4B | 19.5B | 19.1B | 18.8B |
| Avg | 16.6B | 17.8B | 17.3B | 18.6B | 18.2B |
| Low | 15.1B | 15.7B | 15.6B | 17.9B | 17.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.8% | 23.0% | 9.8% | 10.4% | 1.0% |
| Avg | -8.1% | 7.2% | -2.6% | 7.2% | -1.8% |
| Low | -16.4% | -5.2% | -12.4% | 3.0% | -5.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.47 | 4.07 | 4.13 |
| Avg | 2.92 | 3.21 | 3.25 |
| Low | 1.64 | 1.71 | 2.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.7% | 39.4% | 28.6% |
| Avg | -17.9% | 9.8% | 1.2% |
| Low | -54.0% | -41.6% | -25.5% |
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.