ArcelorMittal (NYSE:MT) Given Consensus Rating of “Moderate Buy” by Analysts

ArcelorMittal (NYSE:MT) has received an average recommendation of “Moderate Buy” from the twelve analysts that are covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $72.40.

A number of analysts recently issued reports on the company. Citigroup reiterated a “buy” rating on shares of ArcelorMittal in a report on Wednesday, May 20th. Jefferies Financial Group restated a “buy” rating on shares of ArcelorMittal in a report on Monday, July 6th. Weiss Ratings upgraded ArcelorMittal from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Santander downgraded ArcelorMittal from an “outperform” rating to a “neutral” rating in a research report on Tuesday, April 21st. Finally, Wells Fargo & Company raised their price target on ArcelorMittal from $62.00 to $69.00 and gave the company an “equal weight” rating in a research note on Friday.

ArcelorMittal Price Performance

ArcelorMittal stock opened at $70.08 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.39 and a quick ratio of 0.54. The stock has a market cap of $54.32 billion, a price-to-earnings ratio of 29.70, a price-to-earnings-growth ratio of 0.53 and a beta of 1.55. The firm has a 50-day moving average of $66.03 and a two-hundred day moving average of $60.63. ArcelorMittal has a 1 year low of $30.17 and a 1 year high of $72.50.

ArcelorMittal (NYSE:MT) last issued its earnings results on Thursday, April 30th. The basic materials company reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.04. ArcelorMittal had a net margin of 2.88% and a return on equity of 4.20%. The business had revenue of $15.46 billion for the quarter, compared to analyst estimates of $17.04 billion. During the same period last year, the company posted $1.05 earnings per share. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. On average, research analysts forecast that ArcelorMittal will post 4.89 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP increased its position in ArcelorMittal by 0.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,232,495 shares of the basic materials company’s stock valued at $168,008,000 after purchasing an additional 11,503 shares during the period. Maple Rock Capital Partners Inc. lifted its position in shares of ArcelorMittal by 42.4% in the 4th quarter. Maple Rock Capital Partners Inc. now owns 1,630,600 shares of the basic materials company’s stock worth $74,306,000 after purchasing an additional 485,400 shares during the period. UBS Group AG lifted its position in shares of ArcelorMittal by 405.2% in the 3rd quarter. UBS Group AG now owns 1,181,358 shares of the basic materials company’s stock worth $42,706,000 after purchasing an additional 947,532 shares during the period. Bank of America Corp DE boosted its stake in shares of ArcelorMittal by 15.6% during the third quarter. Bank of America Corp DE now owns 947,909 shares of the basic materials company’s stock valued at $34,267,000 after purchasing an additional 128,045 shares in the last quarter. Finally, Senator Investment Group LP bought a new position in shares of ArcelorMittal during the fourth quarter valued at approximately $26,431,000. 9.29% of the stock is currently owned by institutional investors.

ArcelorMittal News Roundup

Here are the key news stories impacting ArcelorMittal this week:

• Positive Sentiment: Management said supportive trade measures aimed at curbing steel imports have improved the outlook for its European business. ArcelorMittal expects second-half sales to outperform the first half, providing a potential catalyst for future earnings. ArcelorMittal Posts Fall in Net Profit But Sees Improved Outlook for European Business
• Positive Sentiment: AM/NS India, ArcelorMittal’s Indian joint venture, reported a 28.5% increase in quarterly EBITDA, helped by higher steel prices. This indicates comparatively strong performance in the Indian business. AM/NS India June-quarter EBITDA rises 28.5% on higher steel prices
• Neutral Sentiment: Wells Fargo raised its price target for MT from $62 to $69 but retained an “equal weight” rating. The new target remains modestly below the recent trading level, signaling limited near-term upside in the analyst’s view. Wells Fargo ArcelorMittal price-target update
• Neutral Sentiment: ArcelorMittal published its 2026 half-year report, giving investors access to detailed financial, operating and regulatory information for the six months ended June 30. ArcelorMittal publishes its 2026 half-year report
• Negative Sentiment: Second-quarter net income fell 62% year over year to $683 million. Adjusted EPS of $0.90 missed the $1.18 consensus estimate, while revenue of $16.76 billion was below expectations of $17.07 billion. EPS also declined from $1.32 in the prior-year quarter, highlighting pressure on profitability despite revenue growth. ArcelorMittal reports second quarter 2026 results

ArcelorMittal Company Profile

ArcelorMittal is a multinational steel manufacturing company formed in 2006 through the merger of Arcelor and Mittal Steel. Headquartered in Luxembourg, the company is one of the world’s largest producers of steel and operates an integrated value chain that spans raw material extraction, steelmaking, processing and distribution. Its product portfolio includes flat and long carbon steel products, coated and specialty steels, tubular products and value-added solutions tailored for sectors such as automotive, construction, household appliances, energy and packaging.

ArcelorMittal’s operations are global in scope, with production facilities, distribution networks and commercial activities across Europe, the Americas, Asia, Africa and the Commonwealth of Independent States.