ArcelorMittal (NYSE:MT) Price Target Raised to $54.00

ArcelorMittal (NYSE:MT) had its price target raised by Wells Fargo & Company from $47.00 to $54.00 in a research report report published on Friday,Benzinga reports. The firm currently has an equal weight rating on the basic materials company’s stock.

Several other research analysts have also commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $49.00 price target on shares of ArcelorMittal in a research report on Wednesday, November 26th. The Goldman Sachs Group reiterated a “neutral” rating on shares of ArcelorMittal in a report on Friday, October 10th. Morgan Stanley upgraded shares of ArcelorMittal from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 6th. Oddo Bhf raised shares of ArcelorMittal from a “neutral” rating to an “outperform” rating in a research report on Wednesday, January 14th. Finally, Citigroup reissued a “buy” rating on shares of ArcelorMittal in a research report on Thursday, January 22nd. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $42.73.

ArcelorMittal Trading Up 7.1%

NYSE:MT opened at $61.33 on Friday. The firm has a 50-day simple moving average of $48.38 and a 200-day simple moving average of $40.61. ArcelorMittal has a one year low of $23.19 and a one year high of $61.36. The firm has a market cap of $47.53 billion, a P/E ratio of 14.96, a P/E/G ratio of 0.61 and a beta of 1.52. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.53 and a current ratio of 1.36.

ArcelorMittal (NYSE:MT) last released its quarterly earnings data on Thursday, February 5th. The basic materials company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.30. The firm had revenue of $14.97 billion for the quarter, compared to the consensus estimate of $15.56 billion. ArcelorMittal had a net margin of 5.14% and a return on equity of 5.27%. The company’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period last year, the firm earned $0.52 earnings per share. Equities analysts anticipate that ArcelorMittal will post 3.72 EPS for the current fiscal year.

Institutional Investors Weigh In On ArcelorMittal

Several institutional investors and hedge funds have recently made changes to their positions in MT. American Century Companies Inc. raised its stake in shares of ArcelorMittal by 39.1% in the second quarter. American Century Companies Inc. now owns 392,644 shares of the basic materials company’s stock worth $12,400,000 after purchasing an additional 110,420 shares during the last quarter. Covalis Capital LLP acquired a new position in ArcelorMittal in the 2nd quarter worth approximately $3,644,000. Vise Technologies Inc. acquired a new position in ArcelorMittal in the 2nd quarter worth approximately $430,000. Arrow Capital Pty Ltd purchased a new position in ArcelorMittal during the 2nd quarter worth approximately $5,206,000. Finally, Creative Planning lifted its stake in ArcelorMittal by 13.5% during the 2nd quarter. Creative Planning now owns 73,957 shares of the basic materials company’s stock valued at $2,336,000 after acquiring an additional 8,768 shares during the period. 9.29% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about ArcelorMittal

Here are the key news stories impacting ArcelorMittal this week:

• Positive Sentiment: Q4 earnings beat and return to profit — Adjusted EPS of $0.86 topped estimates (~$0.56), the group swung back to net profit (~$177M) and management flagged improving global steel demand for 2026, supporting near‑term sentiment. Zacks: Q4 Earnings Surpass Estimates
• Positive Sentiment: Stronger core results and commodity tailwinds — Companies noted record iron‑ore shipments and beat EBITDA/profit forecasts, which help offset weaker steel shipments and improve cash flow visibility. Investing.com: Beats Q4 EBITDA Estimates
• Positive Sentiment: Secures long‑term raw material access — ArcelorMittal struck a Liberia pact committing $3.5B to expand iron‑ore output and infrastructure (rights through 2050), which supports long‑term feedstock security and vertical integration. Zacks: Liberia Pact
• Neutral Sentiment: Momentum/valuation coverage — Several outlets highlight MT as a momentum candidate and provide valuation takes after the quarter; these are thematic and more useful for longer‑term positioning than immediate trading. Zacks: Momentum Stock
• Neutral Sentiment: Full disclosure materials available — The earnings call transcript and slide deck were published (useful for modelling guidance and management commentary). Seeking Alpha: Earnings Call Transcript
• Negative Sentiment: Revenue missed consensus — Q4 revenue ($14.97B) came in below the ~$15.56B consensus, indicating demand softness that offsets some of the EPS strength. MarketBeat: Q4 Results & Details
• Negative Sentiment: Mixed analyst signals on valuation — Wells Fargo raised its price target to $54 but kept an “equal weight” rating and calculates downside to the current price, signaling limited near‑term upside from that shop. Benzinga: Wells Fargo Price Target Note
• Negative Sentiment: Operational strain in certain regions — South Africa operations narrowed losses by shuttering long‑steel lines, highlighting regional restructuring costs and ongoing patchy demand in some markets. MSN: South Africa Operations

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.