ArcelorMittal S.A. (MT)
NYSE: MT · Real-Time Price · USD
74.18
+0.47 (0.64%)
At close: Aug 12, 2026, 4:00 PM EDT
74.18
0.00 (0.00%)
After-hours: Aug 12, 2026, 4:10 PM EDT

ArcelorMittal Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, ArcelorMittal stock has a consensus rating of "Buy" and an average price target of $74.03. The average 1-year stock price forecast is 0.20% lower than the current stock price, while the lowest is $56.4 (-23.97%) and the highest is $82.5 (+11.22%).

Price Target: $74.03 (-0.20%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$56.4$74.03$77.5$82.5
Change-23.97%-0.20%+4.48%+11.22%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy333333
Buy111111
Hold333333
Sell000000
Strong Sell000000
Total777777

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Maintains
$80$93
BuyMaintains$80$93+25.37%Aug 11, 2026
Deutsche Bank
Deutsche Bank
Buy
Reiterates
$70$75
BuyReiterates$70$75+1.11%Jul 31, 2026
Wells Fargo
Wells Fargo
Hold
Maintains
$62$69
HoldMaintains$62$69-6.98%Jul 31, 2026
KeyBanc
KeyBanc
Hold
Maintains
n/a
HoldMaintainsn/an/aMay 8, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
67.29B
from 61.35B
Increased by 9.68%
Revenue Next Year
71.55B
from 67.29B
Increased by 6.33%
EPS This Year
4.44
from 3.85
Increased by 15.21%
EPS Next Year
7.58
from 4.44
Increased by 70.95%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
76.57B79.84B68.28B62.44B61.35B67.29B
Revenue Growth
43.74%4.27%-14.49%-8.55%-1.74%9.68%
Gross Profit
19.05B13.96B5.78B6.12B4.58B7.51B
Gross Margin
24.87%17.49%8.46%9.80%7.47%11.17%
Operating Income
16.63B11.65B3.14B3.44B1.67B4.84B
Net Income
14.96B9.30B919.00M1.34B3.15B3.28B
EPS
----3.854.44
EPS Growth
----30.51%15.21%
Forward PE
-----16.72
Dividend / Share
0.380.440.500.550.600.62
Dividend Growth
26.67%15.79%13.64%10.00%9.09%3.89%
Free Cash Flow
3.46B6.65B1.52B2.29B-2.18B1.80B
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High68.2B
Avg67.3B
Low65.8B

Revenue Growth

Revenue Growth202620272028
High
11.2%
Avg
9.7%
Low
7.2%

EPS Forecast

EPS202620272028
High4.71
Avg4.44
Low4.12

EPS Growth

EPS Growth202620272028
High
22.3%
Avg
15.2%
Low
6.9%