ArcelorMittal S.A. (AMS:MT)
Netherlands · Delayed Price · Currency is EUR 58.02
+3.50 (6.42%)
Jul 10, 2026, 5:35 PM CET
ArcelorMittal Stock Forecast
Stock Price Forecast
According to 14 analysts polled by S&P Global, ArcelorMittal stock has a consensus rating of "Buy" and an average price target of €62.11. The average 1-year stock price forecast is 7.05% higher than the current stock price, while the lowest is €45.93 (-20.84%) and the highest is €73.13 (+26.04%).
Price Target: €62.11 (+7.05%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ArcelorMittal stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 7 | 7 | 7 | 7 | 7 |
| Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Hold | 4 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Buy Maintains €57.00 → €61.00 | Buy | Maintains | €57.00 → €61.00 | +5.14% | Jul 7, 2026 |
| Barclays | Barclays | Hold Maintains €48.05 | Hold | Maintains | €48.05 | -17.18% | Jul 7, 2026 |
| Jefferies | Jefferies | Buy Maintains €62.00 → €65.00 | Buy | Maintains | €62.00 → €65.00 | +12.03% | Jul 6, 2026 |
| Citi | Citi | Buy Maintains €67.00 | Buy | Maintains | €67.00 | +15.48% | Jun 14, 2026 |
| UBS | UBS | Hold Maintains €45.00 | Hold | Maintains | €45.00 | -22.44% | May 4, 2026 |
Financial Forecast
Revenue This Year
66.79B
from 61.35B
Increased by 8.86%
Revenue Next Year
70.44B
from 66.79B
Increased by 5.47%
EPS This Year
4.63
from 3.85
Increased by 20.14%
EPS Next Year
7.33
from 4.63
Increased by 58.42%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 68.2B | ||
| Avg | 66.8B | ||
| Low | 64.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 11.2% | ||
| Avg | 8.9% | ||
| Low | 5.2% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.58 | ||
| Avg | 4.63 | ||
| Low | 4.15 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 45.0% | ||
| Avg | 20.1% | ||
| Low | 7.8% |