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ArcelorMittal (MTN) Stock Forecast & Price Target

See the Price Targets and Ratings of:All AnalystsTop AnalystsPremium

MTN Analyst Ratings

Moderate Buy
6Ratings
3Buy3Hold0Sell
Based on 6 analysts giving stock ratings to ArcelorMittal in the past 3 months

MTN Stock 12 Month Forecast

MXN 1,439.95▲(14.96% Upside)
Based on 6 Wall Street analysts offering 12 month price targets for ArcelorMittal in the last 3 months. The average price target is MXN 1,439.95 with a high forecast of MXN 1,756.04 and a low forecast of MXN 1,195.24. The average price target represents a 14.96% change from the last price of MXN 1,252.52.
Highest Price TargetMXN 1,756.04Average Price TargetMXN 1,439.95Lowest Price TargetMXN 1,195.24

Detailed List of Analyst Forecasts​

Analyst Type
Ranks
Analyst Rating
Upside/ Downside
Action
Analyst forecasts for MX:MTN
Analyst ProfileExpert FirmPrice TargetPositionUpside / DownsideActionDateFollowArticle
Wells FargoMXN 1,302.87→MXN 1,208.46hold-3.52%DownsideAssigned10/06/26
Goldman SachsMXN 1,064.95→MXN 1,195.24hold-4.57%DownsideReiterated10/06/26
Deutsche Bank MXN 1,529.46→MXN 1,491.69buy19.10%UpsideAssigned10/05/26
Morgan StanleyMXN 1,548.34buy23.62%UpsideInitiated08/21/26
KeyBanc―hold―Reiterated08/13/26
Bank of America SecuritiesMXN 1,510.57→MXN 1,756.04buy40.20%UpsideReiterated08/11/26
Jefferies Analyst forecast on MX:MTNUnknown AnalystNot RankedJefferiesMXN 1,382.18buy10.35%UpsideUpgraded02/11/26
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Best Analysts Covering ArcelorMittal

3 Months
Bastian Synagowitz
Bastian SynagowitzDeutsche Bank
Success Rate13/25 ratings generated profit
52%
Average Return
+7.35%

Copying Bastian Synagowitz's trades and holding each position for 3 Months would result in 52.00% of your transactions generating a profit, with an average return of +7.35% per trade.

1 Year
Bastian Synagowitz
Bastian SynagowitzDeutsche Bank
Success Rate15/25 ratings generated profit
60%
Average Return
+31.02%

Copying Bastian Synagowitz's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +31.02% per trade.

2 Years
Bastian Synagowitz
Bastian SynagowitzDeutsche Bank
Success Rate14/25 ratings generated profit
56%
Average Return
+42.91%

Copying Bastian Synagowitz's trades and holding each position for 2 Years would result in 56.00% of your transactions generating a profit, with an average return of +42.91% per trade.

MTN Analyst Recommendation Trends

02468Oct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26May 26Jun 26Jul 26Aug 26Sep 26
Monthly rating counts for MTN
RatingMay 26Jun 26Jul 26Aug 26Sep 26
Strong Buy00000
Buy13543
Hold33333
Sell00000
Strong Sell00000
total46876

In the current month, MTN has received 3 Buy Ratings, 3 Hold Ratings, and 0 Sell Ratings. MTN average Analyst price target in the past 3 months is 1,439.95.

MTN Financial Forecast

MXN 3MXN 6.75MXN 10.5MXN 14.25MXN 18Q4 2025Q2 2026Q3 2026
HighMXN 17.28
ConsensusMXN 14.15
LowMXN 9.58

MTN Earnings Forecast

Next quarter’s earnings estimate for MTN is MXN 14.15 with a range of MXN 9.58 to MXN 17.28. The previous quarter’s EPS was MXN 16.72. MTN beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 45.00% of the time in the same period. In the last calendar year MTN has Performed in-line its overall industry.

MXN 290.4BMXN 369.2BMXN 448.1BMXN 527BMXN 605.8BQ4 2025Q2 2026Q3 2026
HighMXN 332B
ConsensusMXN 322B
LowMXN 307B

MTN Sales Forecast

Next quarter’s sales forecast for MTN is MXN 321.95B with a range of MXN 307.25B to MXN 331.97B. The previous quarter’s sales results were MXN 605.84B. MTN beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 58.40% of the time in the same period. In the last calendar year MTN has Performed in-line its overall industry.

MTN Stock Forecast FAQ

What is MX:MTN’s average 12-month price target, according to analysts?
Based on analyst ratings, ArcelorMittal’s 12-month average price target is Mex$1,439.95.
What is MX:MTN’s upside potential, based on the analysts’ average price target?
ArcelorMittal has 14.96% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is ArcelorMittal a Buy, Sell or Hold?
ArcelorMittal has a consensus rating of Moderate Buy, which is based on 3 buy ratings, 3 hold ratings and 0 sell ratings.
What is ArcelorMittal’s share price target?
The average share price target for ArcelorMittal is Mex$1,439.95. This is based on 6 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst share price target is Mex$1,756.04, and the lowest forecast is Mex$1,195.24. The average share price target represents a 14.96% increase from the current price of Mex$1,252.52.
What do analysts say about ArcelorMittal?
ArcelorMittal’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 6 Wall Street analysts.
How can I buy shares of ArcelorMittal?
To buy shares of MX:MTN, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.