ArcelorMittal (NYSE:MT – Get Free Report) is projected to post its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect ArcelorMittal to announce earnings of $0.80 per share and revenue of $16.93 billion for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 3:00 AM ET.
ArcelorMittal Price Performance
MT stock opened at $60.44 on Wednesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.57 and a current ratio of 1.43. The business has a 50-day simple moving average of $68.10 and a two-hundred day simple moving average of $63.74. The company has a market capitalization of $46.84 billion, a P/E ratio of 19.61, a price-to-earnings-growth ratio of 0.57 and a beta of 1.55. ArcelorMittal has a 52-week low of $36.70 and a 52-week high of $79.68.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on the company. Jefferies Financial Group restated a “buy” rating on shares of ArcelorMittal in a report on Wednesday, September 23rd. UBS Group raised ArcelorMittal from a “neutral” rating to a “buy” rating in a research report on Friday, October 9th. Morgan Stanley began coverage on ArcelorMittal in a report on Monday, August 24th. They set an “overweight” rating and a $82.00 price target for the company. Barclays reissued a “neutral” rating on shares of ArcelorMittal in a research report on Tuesday, July 7th. Finally, Citigroup restated a “buy” rating on shares of ArcelorMittal in a research note on Tuesday, August 4th. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, ArcelorMittal has a consensus rating of “Moderate Buy” and an average target price of $74.55.
About ArcelorMittal
ArcelorMittal SA (NYSE: MT) is one of the world’s largest integrated steel and mining companies. The company produces steel products for the automotive, construction, appliance, energy, engineering and packaging industries, serving customers through a combination of primary steelmaking, finishing and distribution operations.
Its product portfolio includes flat steel, long steel, tubular products, bars, wire rod and specialized automotive steels. ArcelorMittal also operates iron ore mining and pelletizing activities that support its steel production and supply chain.
The company was formed in 2006 through the merger of Arcelor and Mittal Steel.
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