ArcelorMittal SA's stock rose by 3.42% today, reaching a 52-week high. This movement occurs in a mixed market environment, with the Nasdaq-100 down 0.14% and the S&P 500 up 0.13%.
The increase in ArcelorMittal's stock price is attributed to sector rotation, as investors are shifting their focus towards materials and industrials, despite the overall mixed performance of the broader market. The stock's strong performance reflects a growing confidence in the steel sector, particularly as demand for steel products remains robust amid ongoing infrastructure projects.
This upward movement may indicate a positive outlook for ArcelorMittal, suggesting that investors are optimistic about the company's future growth potential and its ability to capitalize on favorable market conditions.
Wall Street analysts forecast MT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MT is 39.00 USD with a low forecast of 39.00 USD and a high forecast of 39.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
Wall Street analysts forecast MT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MT is 39.00 USD with a low forecast of 39.00 USD and a high forecast of 39.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
2 Hold
0 Sell
Hold
Current: 46.720
Low
39.00
Averages
39.00
High
39.00
Current: 46.720
Low
39.00
Averages
39.00
High
39.00
JPMorgan
Dominic O'Kane
maintain
2025-12-03
Reason
JPMorgan
Dominic O'Kane
Price Target
2025-12-03
maintain
Reason
JPMorgan analyst Dominic O'Kane raised the firm's price target on ArcelorMittal to EUR 45 from EUR 42 and keeps an Overweight rating on the shares.
Deutsche Bank
Bastian Synagowitz
Buy
maintain
2025-11-26
Reason
Deutsche Bank
Bastian Synagowitz
Price Target
2025-11-26
maintain
Buy
Reason
Deutsche Bank analyst Bastian Synagowitz raised the firm's price target on ArcelorMittal to EUR 42 from EUR 38 and keeps a Buy rating on the shares.
Deutsche Bank
Bastian Synagowitz
Buy
maintain
$44 -> $49
2025-11-26
Reason
Deutsche Bank
Bastian Synagowitz
Price Target
$44 -> $49
2025-11-26
maintain
Buy
Reason
Deutsche Bank analyst Bastian Synagowitz raised the firm's price target on ArcelorMittal to $49 from $44 and keeps a Buy rating on the shares as part of a 2026 outlook for the steel sector. The firm says the European Commission's plans for a "material step-up in trade protection signals a significant shift towards a more steel-friendly industrial policy."
UBS
Buy
to
Neutral
downgrade
2025-11-17
Reason
UBS
Price Target
2025-11-17
downgrade
Buy
to
Neutral
Reason
UBS downgraded ArcelorMittal to Neutral from Buy with a price target of EUR 35.40, up from EUR 32.30. The firm cites valuation for the downgrade following the stock's recent rally. UBS now sees more share upside in ArcelorMittal's peers.
About MT
ArcelorMittal SA is a Luxembourg-based holding company. The Company, via its subsidiaries, owns and operates steel, iron ore manufacturing and coal mining facilities in Europe, North and South America, Asia, and Africa. The Company is organized in five operating segments: NAFTA; Brazil; Europe; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA, Brazil, Europe, and ACIS segments produce flat, long, and tubular products including slabs, hot-rolled coil, cold-rolled coil, coated steel products, among others. The Mining segment provides steel operations and comprises all mines owned by the Company in the Americas, Europe, Africa, and countries of the Commonwealth of Independent States (CIS).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
