HomeMarket analysisAcerinox stock forecast: Third-party price targets

Acerinox stock forecast: Third-party price targets

Acerinox is a European-listed stainless steel producer with a global manufacturing presence, supplying flat and long steel products to a range of industrial sectors. Explore third-party ACX price targets and technical analysis.
By Dan Mitchell
Acerinox stock forecast
Photo: Shutterstock.com

Acerinox, S.A. (ACX) is trading around €13.31 in intraday dealing as of 3:20pm UTC on 22 January 2026, moving within a session range of €12.69–€13.41 on Capital.com’s stock CFD feed. Past performance is not a reliable indicator of future results.

Price action is unfolding against the backdrop of a recent interim dividend of €0.31 per share, with an ex-dividend date of 21 January 2026 and a scheduled payment date of 23 January 2026 (MarketScreener, 20 January 2026). This follows third-quarter 2025 results, which showed net profit of €25 million and EBITDA of €108 million in what the company described as a challenging demand environment, citing geopolitical and tariff-related headwinds (Acerinox, 31 October 2025). Broader European equity sentiment remains broadly constructive, with a key Eurozone benchmark index trading around the 5,900–6,000 area (Trading Economics, 22 January 2026).

Acerinox stock forecast 2026–2030: Third-party price targets

As of 22 January 2026, third-party Acerinox stock predictions point to 12-month price targets clustering in the low- to mid-€10s, with differing upside and downside assumptions across brokers and data aggregators. These figures are indicative only, may be updated frequently and do not guarantee future performance, as market conditions and company-specific developments can cause outcomes to diverge from projections.

Yahoo Finance (12-month target consensus)

Yahoo Finance reports that, as of January 2026, analysts covering Acerinox have a 12-month average price target of around €14.11, with estimates ranging from €12 at the low end to €16 at the high end. The service notes that this consensus is based on sell-side coverage of ACX and reflects divergent views on stainless steel demand, margins and macroeconomic risk (Yahoo Finance, 22 January 2026).

TipRanks (Wall Street 12-month targets)

TipRanks indicates that, based on six Wall Street analysts issuing 12-month ACX stock forecasts, the average target is around €14.24, with a high of €16 and a low of €12 as of the latest update in that period. The service notes that these targets are expressed as percentage upside from a reference price and are linked to analysts’ expectations for near-term earnings, steel cycle conditions and company-specific execution amid sector volatility (TipRanks, 22 January 2026).

ValueInvesting.io (consensus target snapshot)

ValueInvesting.io shows an average forecast of €14.45 for Acerinox, with individual price targets spanning €12.22–€16.9. The site attributes this figure to a compilation of broker estimates and model-based valuations, reflecting assumptions on revenue trends, margins and discount rates across the European steel and materials sector (ValueInvesting.io, 22 January 2026).

MarketScreener (analyst consensus target)

MarketScreener reports an average target price of €14.11, based on 15 analysts' estimates. The stated range spans from €12 at the low end to €16 at the high end, with the platform noting that targets are revised over time as analysts update assumptions on demand conditions, input costs and company guidance within the stainless steel and alloys market (MarketScreener, 22 January 2026).

Predictions and third-party forecasts are inherently uncertain, as they cannot fully account for unexpected market developments. Past performance is not a reliable indicator of future results.

ACX stock price: Technical overview

The ACX stock price trades near €13.31 as of 3:20pm UTC on 22 January 2026, remaining above a rising cluster of daily moving averages. The 20-, 50-, 100- and 200-day simple moving averages are positioned around €13.0, €12.3, €11.8 and €11.2 respectively. The 14-day RSI sits in upper-neutral territory near 62, while the ADX reading of around 37 points to an established trend environment rather than a range-bound phase. The short-term 20-over-50 alignment remains intact, consistent with price holding above the broader moving-average band.

On the upside, initial resistance appears near the R1 pivot at €12.99, with the R2 level around €13.33 coming into focus on any sustained daily close above this area. The €13.50 zone represents a round-number reference near recent intraday highs. On pullbacks, the classic pivot near €12.33 provides initial support, with the 100-day SMA around €11.81 forming the next notable level. The S1 area near €11.99 may also come into view if the main moving-average zone fails to hold (TradingView, 22 January 2026).

This technical analysis is provided for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.

Acerinox share price history (2024–2026)

ACX’s stock price has trended higher over the past two years, moving from around €9.90–€10.20 in early 2024 into a higher range above €11 for much of late 2024 and early 2025. Regular dividend payments have also contributed to total shareholder returns over this period. Through much of 2025, the stock traded broadly within a €9.50–€11.50 range, before pushing higher from April lows near €8.94 to close the year at €12.65 on 31 December 2025, followed by further gains into January 2026 with a series of closes above €13.

By 22 January 2026, Acerinox finished the session at €13.31 after trading between €13.05 and €13.48 intraday, representing a marked increase compared with the €9.42 close recorded on 22 January 2025. Over this two-year window, the price history shows periods of consolidation and pullbacks alongside recoveries, offering insight into how the stock has responded to changing market conditions and company-specific newsflow.

Past performance is not a reliable indicator of future results.

Acerinox (ACX): Capital.com analyst view

Acerinox’s share price has established an upward trajectory over the past year, rising from single-digit levels in early 2025 to trade around €13.31 as of 3:20pm UTC on 22 January 2026 on Capital.com’s platform. The advance has unfolded in stages, with intervening phases of consolidation and volatility, rather than a continuous move in one direction.

Recent company updates point to a mixed fundamental backdrop. Acerinox reported quarters in 2025 with solid EBITDA and positive operating cash flow, while also highlighting pressure from softer stainless steel demand, currency movements and higher net debt. The company has continued to distribute dividends and outline capital-return intentions. From a price perspective, stronger cash generation, cost-saving initiatives and trade measures supporting its US-focused footprint could offer support, while weaker global PMIs, tariff uncertainty and fluctuations in input costs or the broader macro cycle could weigh on earnings and contribute to share price volatility.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Past performance is not a reliable indicator of future results.

Capital.com’s client sentiment for Acerinox CFDs

As of 22 January 2026, Capital.com client positioning in Acerinox CFDs is currently tilted towards buyers, with 88.9% of open positions long versus 11.1% short, representing a long-side skew of around 77.8 percentage points. This indicates that most open positions are positioned for potential upside, while a smaller proportion reflects downside expectations. This data represents a snapshot of open positions on Capital.com and may change over time as clients open and close trades.

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Summary – Acerinox 2026

Past performance is not a reliable indicator of future results.

FAQ

Who owns the most Acerinox stock?

Acerinox has a broad and diversified shareholder base, with ownership spread across institutional investors, investment funds and retail shareholders. Based on publicly available disclosures, no single shareholder controls a majority stake. Institutional holders typically include European and international asset managers, while company insiders and strategic shareholders account for a smaller proportion. Ownership levels may change over time as positions are adjusted, so publicly reported holdings should be viewed as indicative rather than static.

What is the five-year Acerinox share price forecast?

There is no definitive five-year ACX stock forecast, as longer-term projections are inherently uncertain and subject to change. Most published estimates focus on shorter timeframes, commonly around 12 months, and reflect assumptions relating to steel demand, margins, cost structures and broader economic conditions. Over a five-year horizon, outcomes may be shaped by cyclical industry dynamics, company strategy, capital allocation decisions and macroeconomic developments, which limits the precision of longer-term forecasts.

Is Acerinox a good stock to buy?

Whether Acerinox is considered a 'good' stock depends on individual objectives, investment horizons and risk tolerance. Analysts and market participants typically assess the company using factors such as earnings performance, cash generation, balance sheet strength and exposure to the stainless steel cycle. However, share prices can be volatile and influenced by external factors beyond the company’s control. Information in this article is provided for general market insight only and does not represent a recommendation.

Could Acerinox stock go up or down?

Acerinox’s share price can move in either direction, reflecting changes in market conditions, company results and investor sentiment. Factors such as steel demand, input costs, currency movements, trade policies and macroeconomic trends can all influence price movements, alongside broader equity market conditions. As with any listed share, price behaviour is uncertain, and past performance does not reliably indicate future outcomes.

Should I invest in Acerinox stock?

Deciding whether to invest in Acerinox stock requires careful consideration of personal financial circumstances, objectives and risk appetite. Investing in shares involves exposure to market risk and the potential for both gains and losses. This article provides factual, third-party information for educational purposes only and does not offer investment advice. Investors may wish to undertake further research or seek independent financial guidance before making any investment decisions.

Can I trade Acerinox CFDs on Capital.com?

Yes, you can trade Acerinox CFDs on Capital.com. Trading share CFDs lets you speculate on price movements without owning the underlying asset and to take long or short positions. However, contracts for difference (CFDs) are traded on margin, and leverage amplifies both profits and losses. You should ensure you understand how CFD trading works, assess your risk tolerance, and recognise that losses can occur quickly.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

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