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ArcelorMittal (MT) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MT Stock Forecast

ArcelorMittal (MT) stock forecast, based on 10 Wall Street analysts, predicts a 12-month average price target of $31.00, with a high of $31.00 and a low of $31.00. This represents a 25.51% increase from the last price of $24.70.

$22 $23 $24 $25 $26 $27 $28 $29 $30 $31 High: $31 Avg: $31 Low: $31 Last Closed Price: $24.7

MT Stock Rating

ArcelorMittal stock's rating consensus is Buy, based on 10 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 6 Buy (60.00%), 4 Hold (40.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 10 0 4 6 Strong Sell Sell Hold Buy Strong Buy

MT Forecast vs Benchmarks

TypeNameUpside
StockArcelorMittal25.51%
SectorBasic Materials Stocks 18.06%
IndustrySteel Stocks List29.15%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$30.30
Last Closing Price$24.70$24.70$24.70
Upside/Downside--22.67%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25132--6
Dec, 24132--6
Nov, 241331-8
Oct, 241331-8
Sep, 241331-8
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 27, 2024Bastian SynagowitzDeutsche Bank$31.00$23.4732.08%25.51%
May 09, 2024Matt GreeneGoldman Sachs$29.60$25.3816.63%19.84%
Jul 07, 2022Deutsche Bank$39.00$22.1975.75%57.89%
Apr 14, 2022Carsten RiekCredit Suisse$50.00$33.0151.47%102.43%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Jan 10, 2025Deutsche BankBuyBuyhold
Oct 11, 2024Wells FargoEqual-Weightdowngrade
Oct 02, 2024Oddo BHFNeutraldowngrade
Aug 27, 2024Deutsche BankHoldBuyupgrade
Aug 19, 2024BarclaysEqual-WeightOverweightupgrade
Aug 09, 2024Morgan StanleyOverweightOverweighthold
Aug 02, 2024Deutsche BankHoldHoldhold
May 09, 2024Goldman SachsNeutralinitialise
Apr 30, 2024SantanderNeutraldowngrade
Apr 19, 2024BarclaysEqual-WeightEqual-Weighthold

Financial Forecast

EPS Forecast

$-5 $0 $5 $10 $15 $20 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25
Reported$-0.51$18.49$8.42$1.09--
Avg Forecast$0.20$10.29$14.23$2.55$2.73$3.60
High Forecast$-0.18$8.24$11.39$2.33$2.11$3.19
Low Forecast$0.57$12.34$17.07$2.70$3.15$4.00
Surprise %-355.00%79.69%-40.83%-57.25%--

Revenue Forecast

$30B $44B $58B $72B $86B $100B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25
Reported$53.27B$76.57B$79.84B$68.28B--
Avg Forecast$43.70B$72.14B$81.21B$68.76B$62.30B$61.65B
High Forecast$34.96B$57.71B$64.97B$67.92B$59.54B$51.70B
Low Forecast$52.44B$86.57B$97.45B$69.41B$63.99B$69.43B
Surprise %21.90%6.15%-1.68%-0.71%--

Net Income Forecast

$-30B $-19B $-8B $3B $14B $25B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25
Reported$-578.00M$20.48B$9.30B$919.00M--
Avg Forecast$-23.09B$12.81B$15.70B$17.73B$2.31B$3.04B
High Forecast$-27.91B$10.25B$12.56B$14.19B$1.78B$2.70B
Low Forecast$-18.28B$15.37B$18.84B$21.28B$2.66B$3.38B
Surprise %-97.50%59.89%-40.74%-94.82%--

MT Forecast FAQ

Is ArcelorMittal stock a buy?

ArcelorMittal stock has a consensus rating of Buy, based on 10 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 6 Buy, 4 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that ArcelorMittal is a favorable investment for most analysts.

What is ArcelorMittal's price target?

ArcelorMittal's price target, set by 10 Wall Street analysts, averages $31 over the next 12 months. The price target range spans from $31 at the low end to $31 at the high end, suggesting a potential 25.51% change from the previous close price of $24.7.

How does ArcelorMittal stock forecast compare to the average forecast of its sector, industry, and investment themes?

ArcelorMittal stock forecast shows a 25.51% upside, outperforming the average forecast for the basic materials stocks sector (18.06%) and underperforming the steel stocks list industry (29.15%).

What is the breakdown of analyst ratings for ArcelorMittal over the past three months?

  • January 2025: 16.67% Strong Buy, 50.00% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 16.67% Strong Buy, 50.00% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 12.50% Strong Buy, 37.50% Buy, 37.50% Hold, 12.50% Sell, 0% Strong Sell.

What is ArcelorMittal’s EPS forecast?

ArcelorMittal's average annual EPS forecast for its fiscal year ending in December is 2.73 for 2024, a 150.46% increase from the reported $1.09 in 2023. The prediction for.

What is ArcelorMittal’s revenue forecast?

ArcelorMittal's average annual revenue forecast for its fiscal year ending in December is $62.3B for 2024, a -8.75% decrease from the reported $68.28B in 2023. The forecast for.

What is ArcelorMittal’s net income forecast?

For its fiscal year ending in December, ArcelorMittal's average annual net income forecast is $2.31B for 2024, reflecting an 151.02% increase from the reported $919M in 2023. The projection for.