ArcelorMittal S.A. (AMS:MT)
Netherlands · Delayed Price · Currency is EUR 55.50
+0.52 (0.95%)
Jun 22, 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 €58.53. The average 1-year stock price forecast is 5.46% higher than the current stock price, while the lowest is €45.05 (-18.83%) and the highest is €73.95 (+33.24%).
Price Target: €58.53 (+5.46%)
Analyst Consensus: Buy
* Price targets were last updated on May 20, 2026.
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 |
|---|---|---|---|---|---|---|---|
| Citi | Citi | Buy Maintains €66.00 → €67.00 | Buy | Maintains | €66.00 → €67.00 | +20.72% | May 20, 2026 |
| Deutsche Bank | Deutsche Bank | Buy Maintains €57.00 | Buy | Maintains | €57.00 | +2.70% | May 19, 2026 |
| UBS | UBS | Hold Maintains €45.00 | Hold | Maintains | €45.00 | -18.92% | May 4, 2026 |
| Kepler Capital | Kepler Capital | Buy Maintains €59.00 → €60.00 | Buy | Maintains | €59.00 → €60.00 | +8.11% | May 4, 2026 |
| J.P. Morgan | J.P. Morgan | Sell Maintains €44.00 → €45.00 | Sell | Maintains | €44.00 → €45.00 | -18.92% | May 1, 2026 |
Financial Forecast
Revenue This Year
66.67B
from 61.35B
Increased by 8.67%
Revenue Next Year
69.85B
from 66.67B
Increased by 4.76%
EPS This Year
4.79
from 3.85
Increased by 24.54%
EPS Next Year
7.07
from 4.79
Increased by 47.43%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 68.8B | ||
| Avg | 66.7B | ||
| Low | 63.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 12.1% | ||
| Avg | 8.7% | ||
| Low | 4.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.58 | ||
| Avg | 4.79 | ||
| Low | 4.15 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 45.0% | ||
| Avg | 24.5% | ||
| Low | 7.8% |