ArcelorMittal Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for ArcelorMittal stock have an average target of 52.97, with a low estimate of 31.7 and a high estimate of 73.2. The average target predicts a decrease of -17.52% from the current stock price of 64.22.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$31.7	$52.97	$54	$73.2
Change	-50.64%	-17.52%	-15.91%	+13.98%

Analyst Ratings

The average analyst rating for ArcelorMittal stock from 6 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	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	2	2	2	2	2	2
Buy	0	0	1	1	1	1
Hold	3	3	4	4	4	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	7	7	7	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Cole Hathorn Jefferies	Jefferies	Hold → Strong Buy Upgrades $51 → $73	Hold → Strong Buy	Upgrades	$51 → $73	+13.98%	Feb 11, 2026
Timna Tanners Wells Fargo	Wells Fargo	Hold Maintains $47 → $54	Hold	Maintains	$47 → $54	-15.91%	Feb 6, 2026
Timna Tanners Wells Fargo	Wells Fargo	Hold Maintains $39 → $47	Hold	Maintains	$39 → $47	-26.81%	Jan 21, 2026
Andrew Jones UBS	UBS	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Nov 17, 2025
Dominic O'Kane JP Morgan	JP Morgan	Hold → Buy Upgrades n/a	Hold → Buy	Upgrades	n/a	n/a	Nov 7, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

69.27B

from 61.35B

12.90%

from 61.35B

Revenue Next Year

72.29B

from 69.27B

4.37%

from 69.27B

EPS This Year

5.05

from 4.11

22.83%

from 4.11

EPS Next Year

6.10

from 5.05

20.80%

from 5.05

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	76.57B	79.84B	68.28B	62.44B	61.35B	69.27B	72.29B
Revenue Growth	43.74%	4.27%	-14.49%	-8.55%	-1.74%	12.90%	4.37%
EPS	13.49	10.18	1.09	1.69	4.11	5.05	6.10
EPS Growth	-	-24.54%	-89.29%	55.05%	143.20%	22.83%	20.80%
Forward PE	-	-	-	-	-	12.72	10.53
No. Analysts	-	-	-	-	-	20	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	76.7B	81.1B
Avg	69.3B	72.3B
Low	62.9B	63.5B

Revenue Growth

Revenue Growth	2026	2027
High	25.1%	17.1%
Avg	12.9%	4.4%
Low	2.4%	-8.3%

EPS Forecast

EPS	2026	2027
High	5.62	7.73
Avg	5.05	6.10
Low	4.21	4.79

EPS Growth

EPS Growth	2026	2027
High	36.7%	53.1%
Avg	22.8%	20.8%
Low	2.5%	-5.0%

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.