ArcelorMittal S.A. (MT)
NYSE: MT · Real-Time Price · USD
47.85
+0.88 (1.87%)
Jan 12, 2026, 4:00 PM EST - Market closed
ArcelorMittal Stock Forecast
Stock Price Forecast
The 4 analysts that cover ArcelorMittal stock have a consensus rating of "Buy" and an average price target of $34.98, which forecasts a -26.90% decrease in the stock price over the next year. The lowest target is $31.7 and the highest is $39.
Price Target: $34.98 (-26.90%)
Analyst Consensus: Buy
* Price targets were last updated on Oct 23, 2025.
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 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 17, 2025 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Nov 7, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $33 → $39 | Hold | Maintains | $33 → $39 | -18.50% | Oct 23, 2025 |
| Barclays | Barclays | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jul 16, 2025 |
| Goldman Sachs | Goldman Sachs | Hold → Strong Buy Upgrades $29 → $32 | Hold → Strong Buy | Upgrades | $29 → $32 | -33.75% | Apr 10, 2025 |
Financial Forecast
Revenue This Year
63.50B
from 62.44B
Increased by 1.69%
Revenue Next Year
68.51B
from 63.50B
Increased by 7.90%
EPS This Year
3.60
from 1.69
Increased by 113.12%
EPS Next Year
4.99
from 3.60
Increased by 38.67%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 65.9B | 77.2B | ||||
| Avg | 63.5B | 68.5B | ||||
| Low | 52.6B | 54.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 5.5% | 21.6% | ||||
| Avg | 1.7% | 7.9% | ||||
| Low | -15.8% | -14.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 4.79 | 5.55 | |
| Avg | 3.60 | 4.99 | |
| Low | 2.65 | 4.21 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 183.3% | 54.2% | |
| Avg | 113.1% | 38.7% | |
| Low | 56.6% | 17.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.