ArcelorMittal S.A. (AMS:MT)
Netherlands flag Netherlands · Delayed Price · Currency is EUR
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

Chart
TargetLowAverageMedianHigh
Price€47.90€63.54€66.02€72.85
Change-21.14%+4.61%+8.69%+19.94%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy777777
Buy433333
Hold333334
Sell011110
Strong Sell000000
Total141414141414

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Hold
Maintains
€59.00
HoldMaintains€59.00-2.86%Jul 31, 2026
Deutsche Bank
Deutsche Bank
Buy
Maintains
€61.00€66.00
BuyMaintains€61.00€66.00+8.66%Jul 31, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
€69.00
BuyReiterates€69.00+13.60%Jul 31, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
€57.00
HoldMaintains€57.00-6.16%Jul 30, 2026
Jefferies
Jefferies
Buy
Maintains
€65.00
BuyMaintains€65.00+7.01%Jul 30, 2026
More Analyst Ratings

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%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
76.57B79.84B68.28B62.44B61.35B67.10B
Revenue Growth
43.74%4.27%-14.49%-8.55%-1.74%9.36%
Gross Profit
19.05B13.96B5.78B6.12B4.58B7.49B
Gross Margin
24.87%17.49%8.46%9.80%7.47%11.17%
Operating Income
16.63B11.65B3.14B3.44B1.67B4.87B
Net Income
14.96B9.30B919.00M1.34B3.15B3.32B
EPS
----3.854.54
EPS Growth
----30.51%17.81%
Forward PE
2.645.507.856.5110.7815.45
Dividend / Share
0.380.440.500.550.600.62
Dividend Growth
-15.79%13.64%10.00%9.09%3.89%
Free Cash Flow
3.46B6.65B1.52B2.29B-2.18B1.72B
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High68.2B
Avg67.1B
Low64.5B

Revenue Growth

Revenue Growth202620272028
High
11.2%
Avg
9.4%
Low
5.2%

EPS Forecast

EPS202620272028
High4.92
Avg4.54
Low4.12

EPS Growth

EPS Growth202620272028
High
27.9%
Avg
17.8%
Low
6.9%