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ArcelorMittal S.A. (MT) Stock Forecast

Data as of Oct 31, 2026

Basic Materials · Current price $59.40 (-3.88%)

Consensus Target
$73.00
Upside
+25.1%
Analysts
6
Rating
Hold(2.67)

Price Target Range

Low $62.00Consensus $73.00High $82.00
▲ Current $59.40

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Hold
Strong Buy0
Buy2
Hold2
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+1.0%
Nov 26, 2025Bastian SynagowitzDeutsche Bank$49.00-17.5%
Oct 23, 2025Timna TannersWells Fargo$39.00-34.3%
Mar 26, 2025Cole HathornJefferies$36.20-39.1%
Aug 27, 2024Bastian SynagowitzDeutsche Bank$31.00-47.8%
May 9, 2024Matt GreeneGoldman Sachs$29.60-50.2%
Apr 14, 2022Carsten RiekCredit Suisse$50.00-15.8%

MT vs Sector & Market

MetricMTBasic Materials AvgLarge Cap Avg
Analyst Rating2.672.342.41
Analyst Count6719
Target Upside+25.1%+577.5%+21.5%
P/E Ratio15.63-9.2938.49

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 6 analysts covering ArcelorMittal S.A. (MT) is Hold with an average price target of $73.00.

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?

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

Is MT a buy or sell right now?

Based on 6 analyst ratings, MT has a consensus rating of Hold (2.67/5) with a +25.1% upside to the consensus target of $73.00.

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.