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ArcelorMittal S.A. (MT) Stock Forecast

Data as of Aug 1, 2026

Basic Materials · Current price $70.36 (+1.53%)

Consensus Target
$60.00
Upside
-2.6%
Analysts
8
Rating
Hold(3.00)

Price Target Range

Low $60.00High $60.00

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy0
Hold4
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Apr 15, 2026Timna TannersWells Fargo$60.00-14.7%
Nov 26, 2025Bastian SynagowitzDeutsche Bank$49.00-30.4%
Oct 23, 2025Timna TannersWells Fargo$39.00-44.6%
Mar 26, 2025Cole HathornJefferies$36.20-48.6%
Aug 27, 2024Bastian SynagowitzDeutsche Bank$31.00-55.9%
May 9, 2024Matt GreeneGoldman Sachs$29.60-57.9%
Apr 14, 2022Carsten RiekCredit Suisse$50.00-28.9%

MT vs Sector & Market

MetricMTBasic Materials AvgLarge Cap Avg
Analyst Rating3.002.362.42
Analyst Count8719
Target Upside-2.6%+120.3%+17.1%
P/E Ratio18.52-10.7243.33

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$63.14B$65.42B$67.84B10
2027-12-31$65.32B$66.91B$69.48B9

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$3.15$4.70$5.465
2027-12-31$5.01$6.72$7.574

Frequently Asked Questions

What is the analyst consensus for MT?

The consensus among 8 analysts covering ArcelorMittal S.A. (MT) is Hold with an average price target of $60.00.

What is the highest price target for MT?

The highest price target for MT is $60.00, set by Timna Tanners at Wells Fargo on 2026-04-15.

What is the lowest price target for MT?

The lowest price target for MT is $29.60, set by Matt Greene at Goldman Sachs on 2024-05-09.

How many analysts cover MT?

8 analysts have issued ratings for ArcelorMittal S.A. in the past 12 months.

Is MT a buy or sell right now?

Based on 8 analyst ratings, MT has a consensus rating of Hold (3.00/5) with a -2.6% upside to the consensus target of $60.00.

What are the earnings estimates for MT?

Analysts estimate MT will report EPS of $4.70 for the period ending 2026-12-31, with revenue estimated at $65.42B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.