ArcelorMittal S.A. (MT)
NYSE: MT · Real-Time Price · USD
29.81
-0.09 (-0.30%)
May 8, 2025, 4:00 PM EDT - Market closed
ArcelorMittal Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for ArcelorMittal stock have an average target of 32.97, with a low estimate of 31 and a high estimate of 36.2. The average target predicts an increase of 10.60% from the current stock price of 29.81.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ArcelorMittal stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold → Strong Buy Upgrades $29 → $32 | Hold → Strong Buy | Upgrades | $29 → $32 | +6.34% | Apr 10, 2025 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $36 | Strong Buy → Hold | Downgrades | $36 | +21.44% | Mar 26, 2025 |
| JP Morgan | JP Morgan | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 11, 2024 |
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $29 → $31 | Hold → Strong Buy | Upgrades | $29 → $31 | +3.99% | Aug 28, 2024 |
| Barclays | Barclays | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Aug 19, 2024 |
Financial Forecast
Revenue This Year
63.10B
from 62.44B
Increased by 1.05%
Revenue Next Year
65.44B
from 63.10B
Increased by 3.71%
EPS This Year
3.90
from 1.69
Increased by 130.86%
EPS Next Year
5.12
from 3.90
Increased by 31.11%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 68.1B | 74.5B | 71.9B | |
| Avg | 63.1B | 65.4B | 66.5B | |
| Low | 58.2B | 58.3B | 58.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 9.1% | 18.0% | 9.8% | |
| Avg | 1.1% | 3.7% | 1.6% | |
| Low | -6.8% | -7.6% | -10.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 4.53 | 5.78 | 6.72 |
| Avg | 3.90 | 5.12 | 5.57 |
| Low | 2.99 | 3.98 | 4.36 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 167.8% | 48.1% | 31.4% |
| Avg | 130.9% | 31.1% | 9.0% |
| Low | 76.9% | 2.0% | -14.8% |
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.