ArcelorMittal S.A. (MT)
NYSE: MT · Real-Time Price · USD
33.12
+0.41 (1.25%)
Sep 4, 2025, 3:17 PM - Market open

ArcelorMittal Stock Forecast

Stock Price Forecast

The 2 analysts that cover ArcelorMittal stock have a consensus rating of "Buy" and an average price target of $33.95, which forecasts a 2.51% increase in the stock price over the next year. The lowest target is $31.7 and the highest is $36.2.

Price Target: $33.95 (+2.51%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$31.7$33.95$36.2$36.2
Change-4.29%+2.51%+9.30%+9.30%
* Price targets were last updated on Apr 10, 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

RatingMar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy122221
Buy111100
Hold322233
Sell000000
Strong Sell000000
Total555554

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Hold
Downgrades
n/a
HoldDowngradesn/an/aJul 16, 2025
Goldman Sachs
Goldman Sachs
Strong Buy
Upgrades
$29$32
Strong BuyUpgrades$29$32-4.29%Apr 10, 2025
Jefferies
Jefferies
Hold
Downgrades
$36
HoldDowngrades$36+9.30%Mar 26, 2025
JP Morgan
JP Morgan
Hold
Downgrades
n/a
HoldDowngradesn/an/aOct 11, 2024
Deutsche Bank
Deutsche Bank
Strong Buy
Upgrades
$29$31
Strong BuyUpgrades$29$31-6.40%Aug 28, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
64.04B
from 62.44B
Increased by 2.56%
Revenue Next Year
67.97B
from 64.04B
Increased by 6.14%
EPS This Year
3.93
from 1.69
Increased by 132.49%
EPS Next Year
4.79
from 3.93
Increased by 21.99%
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
53.27B76.57B79.84B68.28B62.44B64.04B67.97B
Revenue Growth
-24.56%43.74%4.27%-14.49%-8.55%2.56%6.14%
EPS
-0.6413.4910.181.091.693.934.79
EPS Growth
---24.54%-89.29%55.05%132.49%21.99%
Forward PE
-----8.436.91
No. Analysts
-----2020
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High67.0B77.2B
Avg64.0B68.0B
Low55.5B57.6B

Revenue Growth

Revenue Growth20252026202720282029
High
7.4%
20.6%
Avg
2.6%
6.1%
Low
-11.1%
-10.1%

EPS Forecast

EPS202520262027
High5.555.93
Avg3.934.79
Low2.813.33

EPS Growth

EPS Growth202520262027
High
228.1%
51.0%
Avg
132.5%
22.0%
Low
66.4%
-15.2%
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.