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ArcelorMittal (MT)
NYSE:MT
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ArcelorMittal (MT) Price & Analysis

1,731 Followers

MT Stock Chart & Stats

$74.53
-$0.28(-0.43%)
At close: 4:00 PM EDT
$74.53
-$0.28(-0.43%)

Bulls Say, Bears Say

Bulls Say
Integrated DiversificationArcelorMittal’s broad steel portfolio serves multiple industrial end markets, while captive mining can partially supply raw materials and also generate external sales. This integration and diversification support resilience across regional demand cycles and improve control over important inputs.
Balance Sheet StrengthModerate leverage and a substantial equity base provide financial flexibility through the steel cycle. This balance-sheet position can help ArcelorMittal fund strategic projects, absorb weaker pricing periods, and pursue operating improvements without relying heavily on additional debt.
Strategic Growth PipelineThe identified growth-project pipeline provides a tangible route to expand earnings beyond current steel-market conditions. Progress already reported for 2025–2026, together with Calvert, India, and sustainable-solutions initiatives, supports longer-term scale and mix improvement.
Bears Say
Compressed ProfitabilityRevenue has rebounded, but margins remain well below prior levels, showing that stronger sales have not yet translated into comparable earnings power. Persistent pressure on pricing, spreads, or input costs could limit returns and make operating performance highly sensitive to the steel cycle.
Negative Free Cash FlowNegative free cash flow despite positive operating cash flow indicates that investment and/or working-capital demands are currently absorbing internally generated funds. If this pattern persists, it could constrain capital allocation, reduce financial flexibility, and delay the benefits of growth spending.
European Carbon-cost PressureHigher European output may improve fixed-cost absorption but also increases exposure to emissions costs. Rising carbon expenses and uncertain decarbonization economics could pressure regional margins, complicate investment decisions, and make the recovery less durable than shipment trends suggest.

ArcelorMittal News

MT FAQ

What was ArcelorMittal’s price range in the past 12 months?
ArcelorMittal lowest stock price was $36.70 and its highest was $79.68 in the past 12 months.
    What is ArcelorMittal’s market cap?
    ArcelorMittal’s market cap is $47.48B.
      When is ArcelorMittal’s upcoming earnings report date?
      ArcelorMittal’s upcoming earnings report date is Nov 05, 2026 which is in 18 days.
        How were ArcelorMittal’s earnings last quarter?
        ArcelorMittal released its earnings results on Jul 30, 2026. The company reported $0.89 earnings per share for the quarter, missing the consensus estimate of $1.038 by -$0.148.
          Is ArcelorMittal overvalued?
          According to Wall Street analysts ArcelorMittal’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does ArcelorMittal pay dividends?
            ArcelorMittal pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 1.15%. See more information on ArcelorMittal dividends here
              What is ArcelorMittal’s EPS estimate?
              ArcelorMittal’s EPS estimate is 0.75.
                How many shares outstanding does ArcelorMittal have?
                ArcelorMittal has 775,000,000 shares outstanding.
                  What happened to ArcelorMittal’s price movement after its last earnings report?
                  ArcelorMittal reported an EPS of $0.89 in its last earnings report, missing expectations of $1.038. Following the earnings report the stock price went up 5.541%.
                    Which hedge fund is a major shareholder of ArcelorMittal?
                    Currently, no hedge funds are holding shares in MT
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      ArcelorMittal

                      ArcelorMittal S.A. and its subsidiaries operate as a comprehensive, globally integrated steel production and mining enterprise, with operations spanning Europe, North and South America, Asia, and Africa. The firm's core steel offerings encompass a wide array of items. These include semi-finished flat goods, specifically slabs, alongside finished flat products like plates, hot-rolled and cold-rolled coils and sheets, galvanized coils and sheets (both hot-dipped and electro-galvanized), tinplate, and pre-painted coils and sheets. For long products, it manufactures semi-finished forms such as blooms and billets. Its finished long products consist of bars, wire-rods, structural sections, railway rails, sheet piles, and various wire products. Additionally, ArcelorMittal supplies both seamless and welded pipes and tubes. Beyond steel, the company's mining segment extracts and processes primary materials such as iron ore, presented as lumps, fines, concentrates, pellets, and sinter feeds. It also provides various types of coal, including coking coal, thermal coal, and coal for pulverized injection. These materials are distributed to a diverse clientele within sectors such as automotive, domestic appliances, engineering, construction, energy, and heavy machinery. Distribution occurs via its internal centralized marketing department and an extensive network of distributors. Its iron ore extraction operations are located in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine. Coal mining, however, is solely conducted in Kazakhstan. Established in 1976, ArcelorMittal S.A. maintains its corporate headquarters in Luxembourg City, Luxembourg.

                      ArcelorMittal (MT) Earnings & Revenues

                      MT Company Deck

                      MT Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call conveyed clear positive operational and financial momentum across the portfolio: stronger Q2 EBITDA ($2.1bn), elevated per-ton margins ($155/ton company-wide; $98/ton in Europe), counterseasonal production restarts, improved order books and positive free cash flow prospects (annualized $2.5bn excluding seasonal items). Strategic growth projects (targeting $1.8bn incremental EBITDA) and progress on Calvert, India expansion and sustainable solutions add to the constructive outlook. Headwinds are manageable but notable — rising carbon costs in Europe, import/inventory dynamics earlier in the year, China overcapacity timing risk, and near-term execution disruptions (Liberia rainy season). On balance, the highlights and catalysts materially outweigh the challenges.View all MT earnings summaries

                      MT Stock 12 Month Forecast

                      Average Price Target

                      $76.26
                      ▲(2.32% Upside)
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<span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":37.653,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":43.348,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div 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