ArcelorMittal S.A. (MT)
NYSE: MT · Real-Time Price · USD
27.23
+0.31 (1.15%)
Apr 17, 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 21.08% from the current stock price of 27.23.

Analyst Consensus: Buy
Target Low Average Median High
Price $31 $32.97 $31.7 $36.2
Change +13.85% +21.08% +16.42% +32.94%

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 Nov '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 111112
Buy 222211
Hold 333332
Sell 000000
Strong Sell 000000
Total 666655

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Strong Buy
Upgrades
$29$32
Strong Buy Upgrades $29$32 +16.42% Apr 10, 2025
Jefferies
Jefferies
Hold
Downgrades
$36
Hold Downgrades $36 +32.94% Mar 26, 2025
JP Morgan
JP Morgan
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Oct 11, 2024
Deutsche Bank
Deutsche Bank
Strong Buy
Upgrades
$29$31
Strong Buy Upgrades $29$31 +13.85% Aug 28, 2024
Barclays
Barclays
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Aug 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
64.18B
from 62.44B
Increased by 2.78%
Revenue Next Year
66.49B
from 64.18B
Increased by 3.60%
EPS This Year
4.14
from 1.69
Increased by 144.85%
EPS Next Year
5.09
from 4.14
Increased by 22.99%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
53.27B76.57B79.84B68.28B62.44B64.18B66.49B67.31B
Revenue Growth
-24.56%43.74%4.27%-14.49%-8.55%2.78%3.60%1.23%
EPS
-0.6413.4910.181.091.694.145.095.29
EPS Growth
---24.54%-89.29%55.05%144.85%22.99%4.04%
Forward PE
-----6.585.355.14
No. Analysts -----191811
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 70.4B 74.5B 77.3B
Avg 64.2B 66.5B 67.3B
Low 57.8B 58.3B 59.0B

Revenue Growth

Revenue Growth 2025202620272028
High
12.8%
16.0%
16.2%
Avg
2.8%
3.6%
1.2%
Low
-7.5%
-9.1%
-11.3%

EPS Forecast

EPS 202520262027
High 5.03 5.80 6.07
Avg 4.14 5.09 5.29
Low 3.29 3.98 4.44

EPS Growth

EPS Growth 202520262027
High
197.6%
40.1%
19.2%
Avg
144.9%
23.0%
4.0%
Low
94.8%
-3.8%
-12.7%
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.