ArcelorMittal SA has a consensus price target of $36.18 based on the ratings of 10 analysts. The high is $47 issued by Wells Fargo on January 21, 2026. The low is $31.7 issued by Goldman Sachs on April 10, 2025. The 3 most-recent analyst ratings were released by Wells Fargo on January 21, 2026, October 23, 2025, and August 14, 2025, respectively. With an average price target of $39.67 between Wells Fargo, there's an implied -25.97% downside for ArcelorMittal SA from these most-recent analyst ratings.
1calculated from analyst ratings
| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 01/21/2026 | Buy Now | -12.28% | Wells Fargo | $39 → $47 | Maintains | Equal-Weight | Get Alert |
| 11/17/2025 | Buy Now | — | UBS | — | Downgrade | Buy → Neutral | Get Alert |
| 11/07/2025 | Buy Now | — | JP Morgan | — | Upgrade | Neutral → Overweight | Get Alert |
| 10/23/2025 | Buy Now | -27.21% | Wells Fargo | $33 → $39 | Maintains | Equal-Weight | Get Alert |
| 08/14/2025 | Buy Now | -38.41% | Wells Fargo | → $33 | Initiates | → Equal-Weight | Get Alert |
| 07/16/2025 | Buy Now | — | Barclays | — | Downgrade | Overweight → Equal-Weight | Get Alert |
| 04/10/2025 | Buy Now | -40.84% | Goldman Sachs | $29 → $31.7 | Upgrade | Neutral → Buy | Get Alert |
| 03/26/2025 | Buy Now | -32.44% | Jefferies | → $36.2 | Downgrade | Buy → Hold | Get Alert |
| 02/07/2025 | Buy Now | -38.41% | Deutsche Bank | $31 → $33 | Maintains | Buy | Get Alert |
| 10/11/2024 | Buy Now | — | JP Morgan | — | Downgrade | Overweight → Neutral | Get Alert |
| 08/28/2024 | Buy Now | -42.14% | Deutsche Bank | $29 → $31 | Upgrade | Hold → Buy | Get Alert |
| 08/19/2024 | Buy Now | — | Barclays | — | Upgrade | Equal-Weight → Overweight | Get Alert |
| 08/02/2024 | Buy Now | -45.88% | Deutsche Bank | $30 → $29 | Maintains | Hold | Get Alert |
| 05/09/2024 | Buy Now | -44.76% | Goldman Sachs | → $29.6 | Initiates | → Neutral | Get Alert |
| 04/16/2024 | Buy Now | -42.14% | Deutsche Bank | $34 → $31 | Downgrade | Buy → Hold | Get Alert |
| 12/12/2023 | Buy Now | — | JP Morgan | — | Upgrade | Neutral → Overweight | Get Alert |
| 10/18/2023 | Buy Now | — | B of A Securities | — | Downgrade | Buy → Neutral | Get Alert |
| 04/03/2023 | Buy Now | — | Barclays | — | Downgrade | Overweight → Equal-Weight | Get Alert |
| 03/29/2023 | Buy Now | — | UBS | — | Upgrade | Sell → Buy | Get Alert |
| 03/23/2023 | Buy Now | — | B of A Securities | — | Upgrade | Neutral → Buy | Get Alert |
| 02/10/2023 | Buy Now | -29.08% | Deutsche Bank | $36 → $38 | Maintains | Buy | Get Alert |
The latest price target for ArcelorMittal (NYSE:MT) was reported by Wells Fargo on January 21, 2026. The analyst firm set a price target for $47.00 expecting MT to fall to within 12 months (a possible -12.28% downside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for ArcelorMittal (NYSE:MT) was provided by Wells Fargo, and ArcelorMittal maintained their equal-weight rating.
The last upgrade for ArcelorMittal SA happened on November 7, 2025 when JP Morgan raised their price target to N/A. JP Morgan previously had a neutral for ArcelorMittal SA.
The last downgrade for ArcelorMittal SA happened on November 17, 2025 when UBS changed their price target from N/A to N/A for ArcelorMittal SA.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of ArcelorMittal, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for ArcelorMittal was filed on January 21, 2026 so you should expect the next rating to be made available sometime around January 21, 2027.
While ratings are subjective and will change, the latest ArcelorMittal (MT) rating was a maintained with a price target of $39.00 to $47.00. The current price ArcelorMittal (MT) is trading at is $53.58, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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