ArcelorMittal (NYSE:MT) Price Target Raised to $54.00 at Wells Fargo & Company

ArcelorMittal (NYSE:MT) had its target price upped by analysts at Wells Fargo & Company from $47.00 to $54.00 in a report released on Friday,Benzinga reports. The brokerage currently has an “equal weight” rating on the basic materials company’s stock. Wells Fargo & Company‘s target price suggests a potential downside of 11.05% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Morgan Stanley raised ArcelorMittal from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 6th. The Goldman Sachs Group reiterated a “neutral” rating on shares of ArcelorMittal in a research note on Friday, October 10th. Citigroup reaffirmed a “buy” rating on shares of ArcelorMittal in a report on Thursday, January 22nd. UBS Group cut ArcelorMittal from a “buy” rating to a “neutral” rating in a research note on Monday, November 17th. Finally, Santander upgraded ArcelorMittal from a “neutral” rating to an “outperform” rating in a research report on Thursday. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $42.73.

ArcelorMittal Stock Up 6.1%

NYSE:MT traded up $3.47 during mid-day trading on Friday, hitting $60.71. 1,021,157 shares of the company’s stock were exchanged, compared to its average volume of 1,806,067. The company has a market cap of $47.05 billion, a PE ratio of 18.07, a P/E/G ratio of 0.20 and a beta of 1.52. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.39 and a quick ratio of 0.58. ArcelorMittal has a one year low of $23.19 and a one year high of $60.97. The business has a fifty day moving average price of $48.01 and a 200 day moving average price of $40.33.

ArcelorMittal (NYSE:MT) last released its earnings results on Thursday, February 5th. The basic materials company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.30. ArcelorMittal had a net margin of 4.23% and a return on equity of 4.94%. The firm had revenue of $14.97 billion during the quarter, compared to analyst estimates of $15.56 billion. During the same period last year, the business earned $0.52 earnings per share. The business’s revenue was up 1.7% on a year-over-year basis. Equities analysts predict that ArcelorMittal will post 3.72 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. State of Wyoming purchased a new position in ArcelorMittal during the 3rd quarter valued at about $36,000. True Wealth Design LLC lifted its position in ArcelorMittal by 41.4% during the fourth quarter. True Wealth Design LLC now owns 799 shares of the basic materials company’s stock valued at $36,000 after purchasing an additional 234 shares during the period. Geneos Wealth Management Inc. boosted its stake in shares of ArcelorMittal by 44.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,635 shares of the basic materials company’s stock worth $47,000 after buying an additional 501 shares during the last quarter. Allworth Financial LP boosted its position in ArcelorMittal by 91.5% during the fourth quarter. Allworth Financial LP now owns 1,126 shares of the basic materials company’s stock worth $51,000 after purchasing an additional 538 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in ArcelorMittal by 392.1% during the third quarter. Farther Finance Advisors LLC now owns 1,752 shares of the basic materials company’s stock worth $63,000 after acquiring an additional 1,396 shares during the period. Hedge funds and other institutional investors own 9.29% of the company’s stock.

Key Headlines Impacting ArcelorMittal

Here are the key news stories impacting ArcelorMittal this week:

• Positive Sentiment: Q4 results: ArcelorMittal reported adjusted EPS above expectations and swung to a quarterly profit, with management noting improving global steel demand for 2026. Read More.
• Positive Sentiment: Return to profit and higher shareholder payout signal: Analysts are re‑rating valuation after the beat and ArcelorMittal indicated a return to profit with a higher dividend on the table. Read More.
• Positive Sentiment: Net income of ~$177M for Oct–Dec confirms profitability recovery. Read More.
• Positive Sentiment: Strategic resource move: ArcelorMittal signed a long‑term Liberia pact securing iron‑ore rights through 2050 and committed ~$3.5B to expand output and infrastructure — expands raw‑material security and long‑term upside. Read More.
• Positive Sentiment: Analyst sentiment: Some price targets were raised after the results, supporting near‑term momentum. Read More.
• Neutral Sentiment: Operational mix: Record iron‑ore shipments helped offset lower downstream steel volumes, improving EBITDA vs. some expectations but masking softer steel shipments. Read More.
• Neutral Sentiment: Full earnings materials available — slide deck and call transcript provide detail for investors to assess margin drivers and capex plans. Read More.
• Negative Sentiment: Revenue and shipments: Revenue slightly missed consensus (≈$14.97B vs. ~$15.56B est.) and shipments were weaker in the quarter, which are near‑term risks if demand recovery slows. Read More.
• Negative Sentiment: Regional weakness/cost actions: ArcelorMittal South Africa closed long‑steel operations and while losses narrowed, regional restructuring highlights localized demand/cost challenges. Read More.

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.