ArcelorMittal S.A. (AMS:MT)
Netherlands · Delayed Price · Currency is EUR 57.28
+0.54 (0.95%)
Oct 2, 2026, 5:37 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 €68.75. The average 1-year stock price forecast is 20.02% higher than the current stock price, while the lowest is €49.13 (-14.23%) and the highest is €82.58 (+44.17%).
Price Target: €68.75 (+20.02%)
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 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 0 | 0 | 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 |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Downgrades €75.00 → €55.00 | Hold | Downgrades | €75.00 → €55.00 | -3.98% | Sep 25, 2026 |
| Jefferies | Jefferies | Buy Maintains €71.00 | Buy | Maintains | €71.00 | +23.95% | Sep 23, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Maintains €70.00 | Buy | Maintains | €70.00 | +22.21% | Sep 21, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Reiterates €81.00 | Buy | Reiterates | €81.00 | +41.41% | Sep 21, 2026 |
| Deutsche Bank | Deutsche Bank | Buy Maintains €66.00 → €71.00 | Buy | Maintains | €66.00 → €71.00 | +23.95% | Sep 4, 2026 |
Financial Forecast
Revenue This Year
67.26B
from 61.35B
Increased by 9.63%
Revenue Next Year
72.52B
from 67.26B
Increased by 7.83%
EPS This Year
4.15
from 3.85
Increased by 7.86%
EPS Next Year
7.42
from 4.15
Increased by 78.77%
EPS and Forward PE are based on non-GAAP adjusted numbers.