€22.74
0.26% yesterday
Amsterdam, Nov 04, 05:36 pm CET
ISIN
LU1598757687
Symbol
MT
Index

ArcelorMittal Target price 2024 - Analyst rating & recommendation

ArcelorMittal Classifications & Recommendation:

Buy
59%
Hold
41%

ArcelorMittal Price Target

Target Price €29.13
Price €22.74
Potential
Number of Estimates 15
15 Analysts have issued a price target ArcelorMittal 2025 . The average ArcelorMittal target price is €29.13. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 17 analysts: 10 Analysts recommend ArcelorMittal to buy, 7 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the ArcelorMittal stock has an average upside potential 2025 of . Most analysts recommend the ArcelorMittal stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

Create a premium account to unlock analyst estimates. Learn more

Dec '23 2024
Estimates
Revenue Billion € 63.15 58.20
16.87% 7.84%
EBITDA Margin 8.87% 10.57%
48.99% 19.22%
Net Margin 1.26% 3.66%
87.50% 191.38%

14 Analysts have issued a sales forecast ArcelorMittal 2024 . The average ArcelorMittal sales estimate is

€58.2b
Unlock
. This is
1.21% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
€63.0b 6.91%
Unlock
, the lowest is
€55.5b 5.77%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 €63.2b 16.87%
2024
€58.2b 7.84%
Unlock
2025
€59.3b 1.91%
Unlock
2026
€62.1b 4.66%
Unlock

14 Analysts have issued an ArcelorMittal EBITDA forecast 2024. The average ArcelorMittal EBITDA estimate is

€6.2b
Unlock
. This is
66.99% higher
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
€7.0b 88.74%
Unlock
, the lowest is
€5.4b 45.37%
Unlock
.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 €5.6b 57.60%
2024
€6.2b 9.90%
Unlock
2025
€6.8b 11.10%
Unlock
2026
€7.4b 8.88%
Unlock
2027
€9.1b 22.91%
Unlock
2028
€9.4b 3.02%
Unlock

EBITDA Margin

2023 8.87% 48.99%
2024
10.57% 19.22%
Unlock
2025
11.53% 9.08%
Unlock
2026
11.99% 3.99%
Unlock

13 ArcelorMittal Analysts have issued a net profit forecast 2024. The average ArcelorMittal net profit estimate is

€2.1b
Unlock
. This is
524.02% higher
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
€2.4b 574.94%
Unlock
, the lowest is
€1.9b 473.89%
Unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 €793m 89.61%
2024
€2.1b 168.68%
Unlock
2025
€3.0b 40.50%
Unlock
2026
€3.6b 21.21%
Unlock
2027
€4.3b 19.56%
Unlock
2028
€4.7b 9.23%
Unlock

Net Margin

2023 1.26% 87.50%
2024
3.66% 191.38%
Unlock
2025
5.05% 37.98%
Unlock
2026
5.85% 15.84%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

Create a premium account to unlock analyst estimates. Learn more

Dec '23 2024
Estimates
Earnings Per Share 1.01 2.71
89.61% 168.32%
P/E 8.38
EV/Sales 0.42

13 Analysts have issued a ArcelorMittal forecast for earnings per share. The average ArcelorMittal <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

€2.71
Unlock
. This is
523.44% higher
Unlock
than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
€3.04 575.00%
Unlock
, the lowest is
€2.39 473.44%
Unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 €1.01 89.61%
2024
€2.71 168.32%
Unlock
2025
€3.81 40.59%
Unlock
2026
€4.62 21.26%
Unlock
2027
€5.53 19.70%
Unlock
2028
€6.04 9.22%
Unlock

P/E ratio

Current -35.80 883.37%
2024
8.38 123.41%
Unlock
2025
5.96 28.88%
Unlock
2026
4.92 17.45%
Unlock
2027
4.12 16.26%
Unlock
2028
3.77 8.50%
Unlock

Based on analysts' sales estimates for 2024, the ArcelorMittal stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 0.42 20.00%
2024
0.42 1.00%
Unlock
2025
0.42 1.86%
Unlock
2026
0.40 4.47%
Unlock

P/S ratio

Current 0.30 16.12%
2024
0.31 1.22%
Unlock
2025
0.30 1.89%
Unlock
2026
0.29 4.45%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today