MT Should I Buy
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ArcelorMittal SA is not a strong buy at the moment for a beginner investor with a long-term strategy. While the stock has positive analyst ratings and long-term growth potential, the recent financial performance and pre-market price drop suggest caution. The lack of significant trading signals and mixed options sentiment further support a hold recommendation.
The stock shows bullish moving averages (SMA_5 > SMA_20 > SMA_200), and the MACD is above 0, indicating a positive trend. However, the RSI is neutral at 57.818, and the pre-market price is down 2.76%, suggesting short-term caution. Key support is at 54.962, and resistance is at 65.13.
Recent analyst upgrades with higher price targets (e.g., Jefferies raised to EUR 62), optimism in the European steel market, and a €1.3 billion investment in low-emission technology in Dunkirk, France, reflecting long-term growth potential.
Pre-market price drop of 2.76%, weak recent financial performance with a significant drop in net income (-145.38% YoY) and EPS (-145.10% YoY), and no significant hedge fund or insider trading activity.
In 2025/Q4, revenue increased by 1.75% YoY to $14.97 billion, but net income dropped significantly by -145.38% YoY to $177 million. EPS also declined by -145.10% YoY to 0.23, indicating weak profitability.
Analysts are bullish on ArcelorMittal, with multiple upgrades and higher price targets (e.g., Jefferies: EUR 62, Deutsche Bank: EUR 57). The consensus reflects optimism about the firm's EBITDA growth and structural improvements in the European steel market.
