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United States Steel (X) Stock Forecast & Price Target

United States Steel logo
$38.38 -0.51 (-1.31%)
(As of 11/20/2024 ET)

United States Steel - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
7

Based on 7 Wall Street analysts who have issued ratings for United States Steel in the last 12 months, the stock has a consensus rating of "Buy." Out of the 7 analysts, 7 have given a buy rating for X.

Consensus Price Target

$42.80
11.51% Upside
According to the 7 analysts' twelve-month price targets for United States Steel, the average price target is $42.80. The highest price target for X is $49.00, while the lowest price target for X is $38.57. The average price target represents a forecasted upside of 11.51% from the current price of $38.38.
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X Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
4 Buy rating(s)
1 Buy rating(s)
Hold
0 Hold rating(s)
3 Hold rating(s)
5 Hold rating(s)
7 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$42.80$40.62$40.13$28.10
Forecasted Upside11.51% Upside4.42% Upside8.01% Upside-19.02% Downside
Consensus Rating
Buy
Moderate Buy
Hold
Reduce

X Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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X Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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United States Steel Stock vs. The Competition

TypeUnited States SteelBasic Materials CompaniesS&P 500
Consensus Rating Score
3.00
2.76
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside11.51% Upside123.44% Upside9.81% Upside
News Sentiment Rating
Positive News

See Recent X News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/1/2024BMO Capital Markets
4 of 5 stars
K. Jancic
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Lower TargetOutperform ➝ Outperform$45.00 ➝ $43.00+10.00%
9/9/2024Glj Research
0 of 5 stars
G. Johnson
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UpgradeSell ➝ Buy$38.57+19.78%
9/9/2024JPMorgan Chase & Co.
3 of 5 stars
 UpgradeNeutral ➝ Overweight$40.00 ➝ $42.00+34.31%
9/6/2024BNP Paribas
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T. Gresser
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UpgradeNeutral ➝ Outperform$40.00+33.47%
9/5/2024Jefferies Financial Group
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 Lower TargetBuy ➝ Buy$47.00 ➝ $41.00+35.40%
8/15/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$48.00 ➝ $49.00+15.32%
4/9/2024Wolfe Research
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 UpgradePeer Perform ➝ Outperform$46.00+13.44%
11/3/2023Argus
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 DowngradeBuy ➝ Hold
11/1/2023Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$32.00 ➝ $31.00-8.82%
10/31/2023Royal Bank of Canada
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 Lower TargetSector Perform ➝ Sector Perform$34.00 ➝ $33.00-2.74%
9/25/2023Citigroup
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 Boost TargetNeutral ➝ Neutral$30.00 ➝ $32.00+0.63%
5/5/2023UBS Group
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 Lower Target$27.00 ➝ $25.00+16.23%
2/6/2023The Goldman Sachs Group
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 Boost TargetSell$23.00 ➝ $26.00-12.19%
1/4/2023Bank of America
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 Initiated CoverageUnderperform ➝ Underperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 04:04 AM ET.


X Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for United States Steel is $42.80, with a high forecast of $49.00 and a low forecast of $38.57.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United States Steel in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" X shares.

According to analysts, United States Steel's stock has a predicted upside of 11.51% based on their 12-month stock forecasts.

Over the previous 90 days, United States Steel's stock had 3 upgrades by analysts.

United States Steel has been rated by research analysts at BMO Capital Markets, BNP Paribas, Glj Research, Jefferies Financial Group, and JPMorgan Chase & Co. in the past 90 days.

Analysts like United States Steel more than other "basic materials" companies. The consensus rating for United States Steel is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how X compares to other companies.


This page (NYSE:X) was last updated on 11/21/2024 by MarketBeat.com Staff
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