ArcelorMittal S.A. (MT)
NYSE: MT · Real-Time Price · USD
38.17
+0.08 (0.21%)
At close: Nov 3, 2025, 4:00 PM EST
38.17
0.00 (0.00%)
After-hours: Nov 3, 2025, 7:00 PM EST

ArcelorMittal Stock Forecast

Stock Price Forecast

The 3 analysts that cover ArcelorMittal stock have a consensus rating of "Buy" and an average price target of $35.63, which forecasts a -6.65% decrease in the stock price over the next year. The lowest target is $31.7 and the highest is $39.

Price Target: $35.63 (-6.65%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$31.7$35.63$36.2$39
Change-16.95%-6.65%-5.16%+2.17%

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

RatingJun '25Jul '25Aug '25Sep '25Oct '25Nov '25
Strong Buy222211
Buy100000
Hold233333
Sell000000
Strong Sell000000
Total555544

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Hold
Maintains
$33$39
HoldMaintains$33$39+2.17%Oct 23, 2025
Barclays
Barclays
Hold
Downgrades
n/a
HoldDowngradesn/an/aJul 16, 2025
Goldman Sachs
Goldman Sachs
Strong Buy
Upgrades
$29$32
Strong BuyUpgrades$29$32-16.95%Apr 10, 2025
Jefferies
Jefferies
Hold
Downgrades
$36
HoldDowngrades$36-5.16%Mar 26, 2025
JP Morgan
JP Morgan
Hold
Downgrades
n/a
HoldDowngradesn/an/aOct 11, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
63.45B
from 62.44B
Increased by 1.62%
Revenue Next Year
68.01B
from 63.45B
Increased by 7.18%
EPS This Year
3.77
from 1.69
Increased by 123.06%
EPS Next Year
4.80
from 3.77
Increased by 27.40%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
53.27B76.57B79.84B68.28B62.44B63.45B68.01B
Revenue Growth
-24.56%43.74%4.27%-14.49%-8.55%1.62%7.18%
EPS
-0.6413.4910.181.091.693.774.80
EPS Growth
---24.54%-89.29%55.05%123.06%27.40%
Forward PE
-----10.137.95
No. Analysts
-----2020
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High66.9B78.0B
Avg63.5B68.0B
Low52.6B54.1B

Revenue Growth

Revenue Growth20252026202720282029
High
7.2%
22.9%
Avg
1.6%
7.2%
Low
-15.8%
-14.7%

EPS Forecast

EPS202520262027
High5.125.76
Avg3.774.80
Low2.603.23

EPS Growth

EPS Growth202520262027
High
203.1%
52.9%
Avg
123.1%
27.4%
Low
53.7%
-14.2%
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.