ArcelorMittal S.A. (MT)
NYSE: MT · Real-Time Price · USD
45.00
+1.72 (3.97%)
Dec 10, 2025, 4:00 PM EST - Market closed

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 -20.82% decrease in the stock price over the next year. The lowest target is $31.7 and the highest is $39.

Price Target: $35.63 (-20.82%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$31.7$35.63$36.2$39
Change-29.56%-20.82%-19.56%-13.33%
* 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

RatingJul '25Aug '25Sep '25Oct '25Nov '25Dec '25
Strong Buy222111
Buy000011
Hold333344
Sell000000
Strong Sell000000
Total555466

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Hold
Downgrades
n/a
HoldDowngradesn/an/aNov 17, 2025
JP Morgan
JP Morgan
Buy
Upgrades
n/a
BuyUpgradesn/an/aNov 7, 2025
Wells Fargo
Wells Fargo
Hold
Maintains
$33$39
HoldMaintains$33$39-13.33%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$32-29.56%Apr 10, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
63.47B
from 62.44B
Increased by 1.65%
Revenue Next Year
68.62B
from 63.47B
Increased by 8.10%
EPS This Year
3.58
from 1.69
Increased by 111.77%
EPS Next Year
5.01
from 3.58
Increased by 39.90%
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
53.27B76.57B79.84B68.28B62.44B63.47B68.62B
Revenue Growth
-24.56%43.74%4.27%-14.49%-8.55%1.65%8.10%
EPS
-0.6413.4910.181.091.693.585.01
EPS Growth
---24.54%-89.29%55.05%111.77%39.90%
Forward PE
-----12.578.99
No. Analysts
-----2020
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027202820292030
High65.9B77.2B
Avg63.5B68.6B
Low52.6B54.1B

Revenue Growth

Revenue Growth202520262027202820292030
High
5.5%
21.6%
Avg
1.7%
8.1%
Low
-15.8%
-14.7%

EPS Forecast

EPS202520262027
High4.795.55
Avg3.585.01
Low2.654.21

EPS Growth

EPS Growth202520262027
High
183.3%
55.2%
Avg
111.8%
39.9%
Low
56.6%
17.7%
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.