ArcelorMittal S.A. (MT)
NYSE: MT · Real-Time Price · USD
51.54
+0.80 (1.58%)
At close: Mar 16, 2026, 4:00 PM EDT
51.55
+0.01 (0.02%)
After-hours: Mar 16, 2026, 7:00 PM EDT
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 $52.97, which forecasts a 2.77% increase in the stock price over the next year. The lowest target is $31.7 and the highest is $73.2.
Price Target: $52.97 (+2.77%)
Analyst Consensus: Buy
* Price targets were last updated on Feb 11, 2026.
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
| Rating | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 1 | 1 | 1 | 1 | 0 |
| Hold | 3 | 4 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 7 | 7 | 7 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy → Sell Downgrades n/a | Buy → Sell | Downgrades | n/a | n/a | Mar 9, 2026 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $51 → $73 | Hold → Strong Buy | Upgrades | $51 → $73 | +42.03% | Feb 11, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $47 → $54 | Hold | Maintains | $47 → $54 | +4.77% | Feb 6, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $39 → $47 | Hold | Maintains | $39 → $47 | -8.81% | Jan 21, 2026 |
| UBS | UBS | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 17, 2025 |
Financial Forecast
Revenue This Year
69.16B
from 61.35B
Increased by 12.73%
Revenue Next Year
72.52B
from 69.16B
Increased by 4.85%
EPS This Year
5.37
from 4.11
Increased by 30.72%
EPS Next Year
6.70
from 5.37
Increased by 24.62%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 76.7B | 81.1B | |||
| Avg | 69.2B | 72.5B | |||
| Low | 62.9B | 63.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 25.1% | 17.2% | |||
| Avg | 12.7% | 4.9% | |||
| Low | 2.4% | -8.2% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 6.48 | 7.95 | |
| Avg | 5.37 | 6.70 | |
| Low | 4.53 | 5.20 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 57.6% | 47.9% | |
| Avg | 30.7% | 24.6% | |
| Low | 10.3% | -3.1% |
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.