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

1,723 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
Moderate LeverageModerate leverage gives ArcelorMittal financial flexibility through steel-cycle volatility and supports investment in growth, modernization and decarbonization without excessive reliance on additional borrowing.
Strategic Growth ProjectsThe project pipeline provides a visible source of structural earnings growth beyond steel-price recovery. Management expects $700M to be captured in 2025–2026, supporting operating scale and future cash generation.
Digital And Low-Carbon PositioningThe AWS alliance can improve productivity through predictive maintenance, quality control and process optimization while securing demand for lower-carbon steel, strengthening customer relationships as industrial buyers decarbonize.
Bears Say
Compressed Profit MarginsRevenue recovery has not yet translated into comparable profitability, indicating continued pressure from steel spreads, product pricing or input costs. Persistently lower margins would constrain returns and reduce resilience during weaker demand.
Negative Free Cash FlowNegative free cash flow suggests that investment and working-capital needs currently exceed internally generated cash after operations. If sustained, this could limit capital returns and increase dependence on balance-sheet resources.
European Carbon-Cost PressureRising carbon costs could offset the benefits of higher utilization and fixed-cost absorption in Europe. The issue is structural because compliance costs will remain tied to production and the pace of decarbonization investment.

ArcelorMittal News

MT FAQ

What was ArcelorMittal’s price range in the past 12 months?
ArcelorMittal lowest stock price was $31.93 and its highest was $75.93 in the past 12 months.
    What is ArcelorMittal’s market cap?
    ArcelorMittal’s market cap is $55.20B.
      When is ArcelorMittal’s upcoming earnings report date?
      ArcelorMittal’s upcoming earnings report date is Nov 05, 2026 which is in 63 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 0.99%. See more information on ArcelorMittal dividends here
              What is ArcelorMittal’s EPS estimate?
              ArcelorMittal’s EPS estimate is 1.22.
                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

                      $79.75
                      ▲(7.00% Upside)
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