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NYSE: MT
Arcelormittal Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MT

Based on 1 analyst offering 12 month price targets for Arcelormittal.
Min Forecast
$31.00+17.25%
Avg Forecast
$31.00+17.25%
Max Forecast
$31.00+17.25%

Should I buy or sell MT stock?

Based on 1 analyst offering ratings for Arcelormittal.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MT stock forecasts and price targets.

MT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-09
lockedlocked$00.00+00.00%2024-04-16

1 of 1

Forecast return on equity

Is MT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
21.13%

Forecast return on assets

Is MT forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MT revenue forecast

What is MT's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$64.9B-4.89%
Avg 2 year Forecast
$67.3B-1.45%
Avg 3 year Forecast
$68.0B-0.41%
MT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MT earnings growth forecast

How is MT forecast to perform vs Steel companies and vs the US market?
Company
204.55%
Industry
29.04%
Market
22.48%
MT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MT revenue growth forecast

How is MT forecast to perform vs Steel companies and vs the US market?
Company
-1.13%
Industry
-1.92%
Market
9.25%
MT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MT vs Steel Stocks

TickerPricePrice TargetUp/downsideConsensus
MT$26.44$31.00+17.25%Hold
STLD$133.93$129.25-3.49%Hold
PKX$74.23N/AN/A
RS$298.37$362.33+21.44%Buy
CLF$17.51$21.95+25.36%Buy
View Top Steel Stocks

Arcelormittal Stock Forecast FAQ

Is Arcelormittal Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: MT) stock is to Hold MT stock.

Out of 1 analyst, 0 (0%) are recommending MT as a Strong Buy, 0 (0%) are recommending MT as a Buy, 1 (100%) are recommending MT as a Hold, 0 (0%) are recommending MT as a Sell, and 0 (0%) are recommending MT as a Strong Sell.

If you're new to stock investing, here's how to buy Arcelormittal stock.

What is MT's revenue growth forecast for 2024-2026?

(NYSE: MT) Arcelormittal's forecast annual revenue growth rate of -1.13% is forecast to beat the US Steel industry's average forecast revenue growth rate of -1.92%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.25%.

Arcelormittal's revenue in 2024 is $68,275,000,000.On average, 5 Wall Street analysts forecast MT's revenue for 2024 to be $53,201,223,704,984, with the lowest MT revenue forecast at $47,635,122,527,047, and the highest MT revenue forecast at $57,954,358,242,356. On average, 5 Wall Street analysts forecast MT's revenue for 2025 to be $55,126,532,813,378, with the lowest MT revenue forecast at $49,514,712,175,097, and the highest MT revenue forecast at $59,887,348,023,462.

In 2026, MT is forecast to generate $55,705,068,937,323 in revenue, with the lowest revenue forecast at $51,332,356,685,676 and the highest revenue forecast at $59,813,113,809,651.

What is MT's forecast return on assets (ROA) for 2024-2026?

(NYSE: MT) forecast ROA is N/A, which is lower than the forecast US Steel industry average of N/A.

What is MT's Price Target?

According to 1 Wall Street analyst that have issued a 1 year MT price target, the average MT price target is $31.00, with the highest MT stock price forecast at $31.00 and the lowest MT stock price forecast at $31.00.

The Wall Street analyst predicted that Arcelormittal's share price could reach $31.00 by Apr 16, 2025. The average Arcelormittal stock price prediction forecasts a potential upside of 17.25% from the current MT share price of $26.44.

What is MT's forecast return on equity (ROE) for 2024-2026?

(NYSE: MT) forecast ROE is N/A, which is considered weak.
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