ArcelorMittal (NYSE:MT) Stock Has Average Price Target of $74.55 According to Analysts

Shares of ArcelorMittal (NYSE:MT) have earned an average rating of “Moderate Buy” from the fifteen analysts that are covering the stock, MarketBeat reports. Seven research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $74.55.

Several equities research analysts have recently weighed in on the stock. Weiss Ratings cut shares of ArcelorMittal from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, October 29th. JPMorgan Chase & Co. raised shares of ArcelorMittal from a “neutral” rating to an “overweight” rating in a report on Thursday, October 15th. Jefferies Financial Group reissued a “buy” rating on shares of ArcelorMittal in a research note on Wednesday, September 23rd. UBS Group upgraded ArcelorMittal from a “neutral” rating to a “buy” rating in a report on Friday, October 9th. Finally, Deutsche Bank Aktiengesellschaft set a $79.00 target price on ArcelorMittal and gave the stock a “buy” rating in a report on Monday, October 5th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP increased its position in shares of ArcelorMittal by 0.4% during the first quarter. Dimensional Fund Advisors LP now owns 3,232,495 shares of the basic materials company’s stock worth $168,008,000 after purchasing an additional 11,503 shares in the last quarter. Maple Rock Capital Partners Inc. boosted its position in shares of ArcelorMittal by 54.9% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 2,190,860 shares of the basic materials company’s stock worth $131,934,000 after purchasing an additional 776,595 shares in the last quarter. Quantinno Capital Management LP boosted its position in shares of ArcelorMittal by 11.7% in the 1st quarter. Quantinno Capital Management LP now owns 335,931 shares of the basic materials company’s stock worth $17,461,000 after purchasing an additional 35,298 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of ArcelorMittal by 1,317.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 75,105 shares of the basic materials company’s stock worth $3,904,000 after purchasing an additional 69,805 shares in the last quarter. Finally, ABC Arbitrage SA purchased a new position in ArcelorMittal during the 1st quarter worth $3,819,000. 9.29% of the stock is owned by institutional investors.

ArcelorMittal Stock Up 0.1%

NYSE:MT opened at $61.03 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.41 and a quick ratio of 0.53. ArcelorMittal has a 1-year low of $38.67 and a 1-year high of $79.68. The company has a 50-day moving average of $67.33 and a 200 day moving average of $63.93. The firm has a market cap of $47.30 billion, a PE ratio of 45.21, a price-to-earnings-growth ratio of 0.67 and a beta of 1.55.

ArcelorMittal (NYSE:MT) last posted its earnings results on Thursday, November 5th. The basic materials company reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.35. ArcelorMittal had a net margin of 1.64% and a return on equity of 4.89%. The business had revenue of $16.47 billion for the quarter, compared to the consensus estimate of $17.77 billion. During the same quarter last year, the firm posted $0.62 EPS. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. As a group, research analysts anticipate that ArcelorMittal will post 3.25 EPS for the current fiscal year.

Key ArcelorMittal News

Here are the key news stories impacting ArcelorMittal this week:

• Positive Sentiment: Third-quarter EPS of $1.15 beat the $0.80 consensus, while revenue rose 5.2% year over year. Reports also cited higher production, sales and EBITDA, supporting the view that operating performance improved. ArcelorMittal Q3 EBITDA, Sales Rise On Higher Production
• Positive Sentiment: European market strength may be helping margins: the company said higher steel tariffs were boosting profits, and European flat-steel shipments rose from the prior quarter despite typical seasonal patterns. ArcelorMittal beats profit expectations as European market strengthens
• Neutral Sentiment: ArcelorMittal also reported production for the third quarter and first nine months of 2026; the article listing provided no specific figures to assess the operational trend. Production results
• Negative Sentiment: Revenue of $16.47 billion fell short of the $17.77 billion analyst estimate. A separate report said ArcelorMittal recorded a $391 million third-quarter loss following a shutdown in Ukraine, a counterweight to the adjusted earnings beat. ArcelorMittal posts $391 million Q3 loss after Ukraine shutdown

ArcelorMittal Company Profile

ArcelorMittal is a global steel and mining company that produces steel products for customers across industries including automotive, construction, energy, appliances and packaging. Its offerings include flat and long steel products, as well as iron ore and metallurgical coal used in steelmaking.

The company operates across the Americas, Europe and other regions, combining mining and steelmaking activities with research and product development. ArcelorMittal was formed in 2006 through the merger of Arcelor and Mittal Steel.

Aditya Mittal is the company’s chief executive officer, and Lakshmi N.