ArcelorMittal S.A. (AMS:MT)
Netherlands · Delayed Price · Currency is EUR 58.80
-0.74 (-1.24%)
Nov 12, 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 €70.08. The average 1-year stock price forecast is 19.18% higher than the current stock price, while the lowest is €54.76 (-6.87%) and the highest is €81.12 (+37.96%).
Price Target: €70.08 (+19.18%)
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 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 | Nov '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 8 | 8 |
| Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Hold | 3 | 4 | 4 | 4 | 2 | 2 |
| Sell | 1 | 0 | 0 | 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 |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Buy Maintains €70.00 → €69.00 | Buy | Maintains | €70.00 → €69.00 | +17.35% | Nov 6, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Reiterates €81.00 → €80.00 | Buy | Reiterates | €81.00 → €80.00 | +36.05% | Nov 6, 2026 |
| Deutsche Bank | Deutsche Bank | Buy Maintains €70.00 | Buy | Maintains | €70.00 | +19.05% | Nov 6, 2026 |
| UBS | UBS | Buy Maintains €71.00 | Buy | Maintains | €71.00 | +20.75% | Nov 6, 2026 |
| Barclays | Barclays | Hold Maintains €60.00 | Hold | Maintains | €60.00 | +2.04% | Nov 6, 2026 |
Financial Forecast
Revenue This Year
66.49B
from 61.35B
Increased by 8.38%
Revenue Next Year
73.48B
from 66.49B
Increased by 10.52%
EPS This Year
3.16
from 3.85
Decreased by -17.92%
EPS Next Year
7.17
from 3.16
Increased by 127.00%
EPS and Forward PE are based on non-GAAP adjusted numbers.