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ArcelorMittal S.A. (MT) Stock Forecast

Data as of May 3, 2026

Basic Materials · Current price $56.94 (-0.47%)

Consensus Target
$44.00
Upside
-4.3%
Analysts
7
Rating
Hold(2.86)

Price Target Range

Low $39.00Consensus $44.00High $49.00
▲ Current $56.94

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy1
Hold2
Sell1
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+5.4%
Nov 26, 2025Bastian SynagowitzDeutsche Bank$49.00-13.9%
Oct 23, 2025Timna TannersWells Fargo$39.00-31.5%
Mar 26, 2025Cole HathornJefferies$36.20-36.4%
Aug 27, 2024Bastian SynagowitzDeutsche Bank$31.00-45.6%
May 9, 2024Matt GreeneGoldman Sachs$29.60-48.0%
Apr 14, 2022Carsten RiekCredit Suisse$50.00-12.2%

MT vs Sector & Market

MetricMTBasic Materials AvgLarge Cap Avg
Analyst Rating2.862.362.41
Analyst Count7718
Target Upside-4.3%+54.1%+14.9%
P/E Ratio13.92-16.6531.19

Revenue Estimates

PeriodLowAvgHigh#
2026-06-30$16.59B$16.74B$16.89B3
2026-12-31$63.14B$65.42B$67.84B10
2027-12-31$65.32B$66.91B$69.48B9

EPS Estimates

PeriodLowAvgHigh#
2026-06-30$1.25$1.41$1.562
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 7 analysts covering ArcelorMittal S.A. (MT) is Hold with an average price target of $44.00.

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?

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

Is MT a buy or sell right now?

Based on 7 analyst ratings, MT has a consensus rating of Hold (2.86/5) with a -4.3% upside to the consensus target of $44.00.

What are the earnings estimates for MT?

Analysts estimate MT will report EPS of $1.41 for the period ending 2026-06-30, with revenue estimated at $16.74B.

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