ArcelorMittal S.A. (MT)
NYSE: MT · Real-Time Price · USD
60.15
-3.63 (-5.69%)
At close: May 15, 2026, 4:00 PM EDT
61.04
+0.89 (1.48%)
After-hours: May 15, 2026, 7:00 PM EDT
ArcelorMittal Stock Forecast
Stock Price Forecast
According to 7 analysts polled by S&P Global, ArcelorMittal stock has a consensus rating of "Buy" and an average price target of $65.6. The average 1-year stock price forecast is 9.06% higher than the current stock price, while the lowest is $51.4 (-14.55%) and the highest is $73.2 (+21.70%).
Price Target: $65.6 (+9.06%)
Analyst Consensus: Buy
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 4 | 4 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 6 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $60 → $61 | Hold | Maintains | $60 → $61 | +1.41% | May 1, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $54 → $60 | Hold | Maintains | $54 → $60 | -0.25% | Apr 16, 2026 |
| JP Morgan | JP Morgan | Buy → Sell Downgrades n/a | Buy → Sell | Downgrades | n/a | n/a | Mar 9, 2026 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $51 → $73 | Hold → Strong Buy | Upgrades | $51 → $73 | +21.70% | Feb 11, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $47 → $54 | Hold | Maintains | $47 → $54 | -10.22% | Feb 6, 2026 |
Financial Forecast
Revenue This Year
68.51B
from 61.35B
Increased by 11.67%
Revenue Next Year
72.11B
from 68.51B
Increased by 5.25%
EPS This Year
4.94
from 4.11
Increased by 20.09%
EPS Next Year
6.76
from 4.94
Increased by 36.87%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 71.7B | 78.8B | |||
| Avg | 68.5B | 72.1B | |||
| Low | 63.2B | 64.6B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 16.9% | 15.0% | |||
| Avg | 11.7% | 5.2% | |||
| Low | 3.0% | -5.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 5.86 | 8.86 | |||
| Avg | 4.94 | 6.76 | |||
| Low | 4.07 | 5.20 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 42.6% | 79.5% | |||
| Avg | 20.1% | 36.9% | |||
| Low | -1.0% | 5.4% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.