ArcelorMittal S.A. (MT)
NYSE: MT · Real-Time Price · USD
59.88
-1.94 (-3.14%)
Jun 26, 2026, 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 71.07, with a low estimate of 60 and a high estimate of 80. The average target predicts an increase of 18.69% from the current stock price of 59.88.

Analyst Consensus: Buy
Target Low Average Median High
Price $60 $71.07 $73.2 $80
Change +0.20% +18.69% +22.24% +33.60%

Analyst Ratings

The average analyst rating for ArcelorMittal stock from 7 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 Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 233333
Buy 111111
Hold 433333
Sell 000000
Strong Sell 000000
Total 777777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Bank of America Securities
Bank of America Securities
Buy
Maintains
$73$80
Buy Maintains $73$80 +33.60% Jun 3, 2026
KeyBanc
KeyBanc
Hold
Maintains
n/a
Hold Maintains n/a n/a May 8, 2026
Wells Fargo
Wells Fargo
Hold
Reiterates
$54$60
Hold Reiterates $54$60 +0.20% Apr 16, 2026
Unknown Analyst
Jefferies
No rating
Jefferies
Buy
Upgrades
$73
Buy Upgrades $73 +22.24% Feb 11, 2026
Morgan Stanley
Morgan Stanley
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Jan 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
66.71B
from 61.35B
Increased by 8.73%
Revenue Next Year
69.85B
from 66.71B
Increased by 4.70%
EPS This Year
4.79
from 3.85
Increased by 24.54%
EPS Next Year
7.07
from 4.79
Increased by 47.43%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
76.57B79.84B68.28B62.44B61.35B66.71B69.85B
Revenue Growth
43.74%4.27%-14.49%-8.55%-1.74%8.73%4.70%
EPS
13.4910.181.091.694.114.646.76
EPS Growth
--24.54%-89.29%55.05%143.20%12.88%45.69%
Forward PE
-----12.918.86
No. Analysts -----1616
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 68.8B 74.9B
Avg 66.7B 69.8B
Low 63.8B 64.1B

Revenue Growth

Revenue Growth 202620272028
High
12.1%
12.2%
Avg
8.7%
4.7%
Low
4.0%
-3.9%

EPS Forecast

EPS 202620272028
High 5.58 8.44
Avg 4.79 7.07
Low 4.15 5.94

EPS Growth

EPS Growth 202620272028
High
45.0%
76.1%
Avg
24.5%
47.4%
Low
7.8%
23.9%
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.