MT
Q4 2026 EPS Estimate
$1.29
Nov 5, 2026 · Reports before open
Revenue Estimate
$16.95B
FY2026E EPS$4.75
FY2027E EPS$7.10

Analyst Sentiment

Wall St. Consensus
Hold
32 analysts·High coverage
62
Score
16 Buy (50%)15 Hold (47%)1 Sell (3%)
Rating Breakdown
Strong Buy
00%
Buy
1650%
Hold
1547%
Sell
13%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$62.00
-16.1%
Consensus
$68.50
-7.3%
Bull
$75.00
+1.5%
12-Month Target Range32 analysts
$62.00$68.50$75.00
Current $73.86Consensus
Current Price
$73.86
Above Consensus
$5.36

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+3.78%
EPS+49.47%
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027E
Revenue Avg$66.71B$69.23B
Low$65.63B$68.20B
High$68.21B$70.31B
EBITDA Avg$9.38B$9.74B
Low$9.23B$9.59B
High$9.59B$9.89B
EBIT Avg$6.83B$7.09B
Low$6.72B$6.99B
High$6.99B$7.20B
Net Income Avg$3.64B$5.44B
Low$3.51B$4.56B
High$3.77B$6.14B
EPS Avg$4.75$7.10
Low$4.58$5.95
High$4.92$8.02
Analysts (Rev / EPS)10 / 59 / 4
Quarterly
MetricQ3 2026Q4 2026
Revenue Avg$16.95B$16.99B
Low$16.66B$16.82B
High$17.45B$17.18B
EBITDA Avg$2.38B$2.39B
Low$2.34B$2.37B
High$2.45B$2.42B
EBIT Avg$1.74B$1.74B
Low$1.71B$1.72B
High$1.79B$1.76B
Net Income Avg$1.02B$1.13B
Low$970M$1.08B
High$1.05B$1.18B
EPS Avg$1.33$1.48
Low$1.27$1.41
High$1.37$1.54
Analysts (Rev / EPS)4 / 34 / 3

Earnings Surprises

Recent Analyst Actions

Jul 31, 2026Deutsche Bank
ArcelorMittal price target raised to $75 from $70 at Deutsche Bank
Target:$75.00
+8.7%from $68.98
Jul 9, 2026Wells Fargo
ArcelorMittal price target raised to $62 from $61 at Wells Fargo
Target:$62.00
-1.9%from $63.21
Jul 7, 2026Deutsche Bank
ArcelorMittal price target raised to $70 from $67 at Deutsche Bank
Target:$70.00
+8.0%from $64.79
Apr 15, 2026Wells Fargo
ArcelorMittal price target raised to $60 from $54 at Wells Fargo
Target:$60.00
-3.3%from $62.05
Nov 26, 2025Deutsche Bank
ArcelorMittal price target raised to $49 from $44 at Deutsche Bank
Target:$49.00
+16.0%from $42.26
Oct 23, 2025Wells Fargo
ArcelorMittal price target raised to $39 from $33 at Wells Fargo
Target:$39.00
+0.5%from $38.82
Mar 26, 2025Jefferies
ArcelorMittal downgraded to Hold from Buy at Jefferies
Target:$36.20
+14.7%from $31.55
Aug 27, 2024Deutsche Bank
ArcelorMittal upgraded to Buy at Deutsche Bank with risks 'better understood'
Target:$31.00
+32.1%from $23.47
May 9, 2024Goldman Sachs
ArcelorMittal initiated with a Neutral at Goldman Sachs
Target:$29.60
+16.6%from $25.38
Jul 7, 2022Deutsche Bank
Deutsche Bank Maintains Buy on ArcelorMittal, Lowers Price Target to $39
Target:$39.00
+75.8%from $22.19
Apr 14, 2022Credit Suisse
ArcelorMittal’s HBI Facility Stake Buy Strengthens Decarbonization Efforts
Target:$50.00
+51.5%from $33.01
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.