Summary:
- US Steel (X, Financial) stock surges as Trump revisits the Nippon Steel merger.
- Analysts foresee potential downside in current market valuation.
- GuruFocus estimates a significant devaluation compared to current prices.
US Steel (X) stock gained momentum after former President Trump's instructions to reconsider the previously halted merger with Nippon Steel. This unexpected development has raised hopes that a new investment structure could emerge, potentially focusing on strategic investments instead of full acquisition.
Wall Street Analysts Forecast
According to insights from eight analysts, United States Steel Corp's (X) average one-year target price is $40.78. This projection includes a high estimate of $45.00 and a low estimate of $36.54. Currently, these targets suggest a potential downside of 8.37% from the stock's existing price of $44.50. For further details on price projections, visit the United States Steel Corp (X, Financial) Forecast page.
The consensus among 12 brokerage firms places United States Steel Corp’s (X) average recommendation at 2.3, which categorizes the stock as "Outperform." This rating uses a scale from 1 to 5, where 1 is "Strong Buy" and 5 is "Sell."
From the perspective of GuruFocus, the projected GF Value for United States Steel Corp (X) a year from now is $29.51. This valuation predicts a downside of 33.69% from its current price of $44.50. The GF Value reflects what the stock's fair trading value should be, derived from its historical trading multiples, previous business growth, and future performance forecasts. More comprehensive data is available on the United States Steel Corp (X, Financial) Summary page.
