X stock price forecast based on current market sentiment and

Based on current market sentiment and sector rotation trends, the X stock price forecast for 2024 shows limited downside risk. Analysts cite strong fundamentals, a healthy price-to-earnings ratio of 18.4, and expanding market share as key drivers for sustained growth. All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Even though Ternium stock trades at 66% of its 52-week high today, its valuations still call for premiums over peers and the rest of the industry. More specifically, the company’s price-to-earnings (P/E) ratio of 73.3x today calls for a steep premium above the industry’s 19.4x average multiple today. The latest X stock price forecast points to moderate upside potential in Q3 2024, with analysts projecting a target range of $58–$62 per share, driven by stronger-than-expected earnings growth and sector-wide momentum in technology equities. Trading volumes indicate solid institutional interest.