ArcelorMittal S.A. (MT) Stock Price & Analysis
ArcelorMittal S.A. (MT) closed at USD 60.18 on Thursday, October 22, 2026, down 5.18% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 63.47; the Oct 22, 2026 session ranged USD 59.9–61.66 on volume of 1,345,636 shares. Market capitalization is $45.25B, with a 52-week range of USD 36.7–79.68 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:24 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MT.md
Key facts (MT)
- 2 of 80 tracked superinvestors hold MT (13F, Q2 2026): 0 new, 0 added, 2 reduced, 0 unchanged.
- Analysts: Buy (mean 2.13 on a 1–5 scale) (8 analysts), mean target USD 77.8 (range 63.3–93).
- Total return with dividends: 1Y +56.8% vs S&P 500 +14.9%; 5Y +103.1% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 0.94, revenue estimate $16.9B.
Superinvestors (SEC 13F-HR, Q2 2026) (MT)
2 of 80 tracked investors hold MT. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Sarah Ketterer | Causeway Capital Management | 0.01% | $1.3M | Reduced -91.7% |
| Richard Pzena | Pzena Investment Management | <0.01% | $493K | Reduced -55.6% |
Analysts (MT)
Consensus Buy (mean 2.13 on a 1–5 scale), 8 analysts; mean target USD 77.8 (low 63.3, high 93).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-09 | UBS | Upgrade | Neutral → Buy | |
| 2026-10-06 | Wells Fargo | Target lowered | Equal-Weight | $69 → $64 |
| 2026-08-24 | Morgan Stanley | Initiated | Overweight | $82 |
| 2026-07-31 | Wells Fargo | Target raised | Equal-Weight | $62 → $69 |
| 2026-07-10 | JP Morgan | Upgrade | Underweight → Neutral | |
| 2026-07-09 | Wells Fargo | Target raised | Equal-Weight | $61 → $62 |
Total return (dividends reinvested) (MT)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +56.8% | +103.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +57.1% | +15.2% |
| Volatility (annualized) | 43.3% | 39.4% |
| Max drawdown | -28.8% (Feb 2026→Mar 2026) | -45.7% (Jan 2022→Sep 2022) |
Companies that name MT in their SEC reports
| Relationship to MT | Company | Filing | Sentence |
|---|---|---|---|
| customer | TENARIS SA (TS) | 20-F Mar 31, 2026 | “Among such suppliers are ArcelorMittal Dofasco, which has steel coil manufacturing facilities in Hamilton, Ontario, and Algoma Steel, which has steel coil manufacturing facilities in Sault Ste.” |
MT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.94 | $1.11 | -16.0% | $16.92B | 3 |
| Next quarter (ends Dec 2026) | $1.30 | $1.36 | -5.0% | $17.77B | 3 |
| Current fiscal year (ends Dec 2026) | $3.91 | $4.67 | -16.3% | $67.16B | 6 |
| Next fiscal year (ends Dec 2027) | $7.10 | $7.23 | -1.9% | $73.45B | 7 |
MT options: expected move
Options price a move of about ±8.3% (±$4.97) by Nov 6, 2026, which includes earnings on Nov 5, 2026; the earnings reaction alone is priced at about ±4.2%.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 45.2% | ±5.4% |
| Nov 6, 2026 | 14 | 51.0% | ±8.3% |
| Nov 13, 2026 | 21 | 48.3% | ±9.5% |
| Nov 20, 2026 | 28 | 46.6% | ±10.5% |
| Nov 27, 2026 | 35 | 45.9% | ±11.5% |
| Dec 4, 2026 | 42 | 43.3% | ±11.8% |
| Dec 18, 2026 | 56 | 43.8% | ±13.8% |
| Jan 15, 2027 | 84 | 42.4% | ±16.3% |
30-day implied volatility 45.9% vs 33.3% realized over the last 30 trading days. Put/call ratio (volume) 1.75. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:24 UTC)
| Price | USD 60.18 |
|---|---|
| Change | ▼ 5.18% (down) |
| Previous Close | USD 63.47 |
| Open | USD 61.49 |
| Day Range | USD 59.9 – 61.66 |
| 52-Week Range | USD 36.7 – 79.68 |
| Volume | 1,345,636 shares |
| Market Cap | $45.25B |
| Exchange | NYQ |
Technical Analysis (MT)
Nexqual's technical model rates MT "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:24 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 27.33 (oversold) |
| vs SMA50 | Below (USD 70.12) |
| MACD | -2.36 (negative) |
Analyst Ratings (MT)
Wall Street analysts rate MT "Buy" based on 8 analysts, with a mean price target of USD 77.8 (range USD 63.3–93), per Nexqual as of October 23, 2026 at 09:24 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 8 |
| Mean Target | USD 77.8 |
| High Target | USD 93 |
| Low Target | USD 63.3 |
| Buy / Hold / Sell | 5 / 3 / 0 |
Earnings (MT)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD 0.94 |
| Revenue Estimate | $16.92B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.89 vs est 1.09 ▼ miss |
| 2026-03-31 | USD 0.75 vs est 0.71 ▲ beat |
| 2025-12-31 | USD 0.86 vs est 0.55 ▲ beat |
| 2025-09-30 | USD 0.62 vs est 0.55 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:24 UTC.
Financials & Fundamentals (MT)
| Total Revenue | $62.85B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +5.20% |
| Gross Margin | +9.00% |
| Operating Margin | +6.29% |
| Profit Margin | +2.88% |
| ROE | +3.28% |
| Debt / Equity | 0.25 |
| Current Ratio | 1.43 |
| Total Cash | $4.85B |
| Total Debt | $14.42B |
Source: Nexqual, October 23, 2026 at 09:24 UTC.
Financial Health Score (MT)
Nexqual rates ArcelorMittal S.A.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:24 UTC.
| Growth | Weak — Revenue -2% YoY (annual), declining |
|---|---|
| Profitability | Weak — Gross margin 9%, operating 6% (last 12 months) |
| Balance Sheet | Strong — $4.85B cash vs $14.4B debt |
| Cash Flow | Solid — Operating cash flow $4.70B (TTM) |
| Efficiency | Weak — ROE 3%, ROA 1.6% |
Ownership (MT)
| Insider Ownership | +0.00% |
|---|---|
| Institutional Ownership | +5.00% |
| Shares Outstanding | 751.94M |
| Float | 826.44M |
| Short % of Float | +0.23% |
Source: Nexqual, October 23, 2026 at 09:24 UTC.
Leadership (MT)
ArcelorMittal S.A. is led by Aditya Mittal, CEO & Director, per Nexqual as of October 23, 2026 at 09:24 UTC.
| CEO & Director | Aditya Mittal |
|---|---|
| Executive Chairman of the Board | Lakshmi Nivas Mittal B.Com. |
| Executive VP & CFO | Genuino Jose Magalhaes Christino |
| VP & Chief Technology Officer | Pinakin Chaubal |
Major Backers & Investors (MT)
Notable institutional backers of ArcelorMittal S.A. include FMR, LLC, Fidelity, Maple Rock Capital Partners, Inc., according to Nexqual as of October 23, 2026 at 09:24 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 1.47% |
| Fidelity | 0.75% |
| Maple Rock Capital Partners, Inc. | 0.28% |
| Morgan Stanley | 0.19% |
| DFA INVESTMENT DIMENSIONS GROUP INC-Intl Core Eqy. 2 PORT. | 0.18% |
| Goldman Sachs | 0.17% |
| Castle Hook Partners LP | 0.17% |
| Variable Insurance Products Fund-Growth Portfolio | 0.15% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Dimensional Fund Advisors | 0.42% |
| BlackRock | 0.19% |
Source: Nexqual, October 23, 2026 at 09:24 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| NUE | Nucor Corporation | USD 258.06 | ▼ 2.45% |
| STLD | Steel Dynamics, Inc. | USD 239.9 | ▼ 3.25% |
| RS | Reliance, Inc. | USD 417.92 | ▼ 0.75% |
| PKX | POSCO Holdings Inc. | USD 52.35 | ▼ 6.27% |
| TX | Ternium S.A. Ternium S.A. | USD 55.36 | ▼ 6.04% |
| GGB | Gerdau S.A. | USD 5.07 | ▼ 3.24% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:24 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt