ArcelorMittal S.A. (AMS:MT)
60.74
+1.14 (1.91%)
Jul 31, 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 €63.54. The average 1-year stock price forecast is 4.61% higher than the current stock price, while the lowest is €47.90 (-21.14%) and the highest is €72.85 (+19.94%).
Price Target: €63.54 (+4.61%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 3 | 3 | 4 |
| Sell | 0 | 1 | 1 | 1 | 1 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains €59.00 | Hold | Maintains | €59.00 | -2.86% | Jul 31, 2026 |
| Deutsche Bank | Deutsche Bank | Buy Maintains €61.00 → €66.00 | Buy | Maintains | €61.00 → €66.00 | +8.66% | Jul 31, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Reiterates €69.00 | Buy | Reiterates | €69.00 | +13.60% | Jul 31, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains €57.00 | Hold | Maintains | €57.00 | -6.16% | Jul 30, 2026 |
| Jefferies | Jefferies | Buy Maintains €65.00 | Buy | Maintains | €65.00 | +7.01% | Jul 30, 2026 |
Financial Forecast
Revenue This Year
67.10B
from 61.35B
Increased by 9.36%
Revenue Next Year
71.14B
from 67.10B
Increased by 6.03%
EPS This Year
4.54
from 3.85
Increased by 17.81%
EPS Next Year
7.37
from 4.54
Increased by 62.52%
EPS and Forward PE are based on non-GAAP adjusted numbers.