ArcelorMittal S.A. (MT)
NYSE: MT · Real-Time Price · USD
62.79
-1.37 (-2.14%)
At close: Nov 13, 2026, 4:00 PM EST
62.76
-0.03 (-0.05%)
After-hours: Nov 13, 2026, 7:30 PM EST

ArcelorMittal Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, ArcelorMittal stock has a consensus rating of "Buy" and an average price target of $77.33. The average 1-year stock price forecast is 23.16% higher than the current stock price, while the lowest is $63 (+0.33%) and the highest is $93 (+48.11%).

Price Target: $77.33 (+23.16%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$63$77.33$80$93
Change+0.33%+23.16%+27.41%+48.11%
* Price targets were last updated on Oct 6, 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

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy333333
Buy111222
Hold333333
Sell000000
Strong Sell000000
Total777888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Hold
Maintains
$56 → $63
HoldMaintains$56 → $63+0.81%Oct 6, 2026
Wells Fargo
Wells Fargo
Hold
Reiterates
$69 → $64
HoldReiterates$69 → $64+1.93%Oct 6, 2026
Deutsche Bank
Deutsche Bank
Buy
Reiterates
$81 → $79
BuyReiterates$81 → $79+25.82%Oct 5, 2026
Morgan Stanley
Morgan Stanley
Buy
Initiates
$82
BuyInitiates$82+30.59%Aug 21, 2026
KeyBanc
KeyBanc
Hold
Maintains
n/a
HoldMaintainsn/an/aAug 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
66.49B
from 61.35B
Increased by 8.38%
Revenue Next Year
73.48B
from 66.49B
Increased by 10.52%
EPS This Year
3.16
from 3.85
Decreased by -17.92%
EPS Next Year
7.17
from 3.16
Increased by 127.00%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
76.57B79.84B68.28B62.44B61.35B66.49B
Revenue Growth
43.74%4.27%-14.49%-8.55%-1.74%8.38%
Gross Profit
19.05B13.96B5.78B6.12B4.58B7.23B
Gross Margin
24.87%17.49%8.46%9.80%7.47%10.88%
Operating Income
16.63B11.65B3.14B3.44B1.67B3.97B
Net Income
14.96B9.30B919.00M1.34B3.15B1.88B
EPS
----3.853.16
EPS Growth
----30.51%-17.92%
Forward PE
-----19.87
Dividend / Share
0.380.440.500.550.600.61
Dividend Growth
26.67%15.79%13.64%10.00%9.09%1.97%
Free Cash Flow
----471.00M864.66M
No. Analysts
-----15
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High68.1B
Avg66.5B
Low65.7B

Revenue Growth

Revenue Growth202620272028
High
11.0%
Avg
8.4%
Low
7.1%

EPS Forecast

EPS202620272028
High4.12
Avg3.16
Low2.19

EPS Growth

EPS Growth202620272028
High
7.0%
Avg
-17.9%
Low
-43.1%