ArcelorMittal S.A. (MT) Stock Price Target, Future Prediction, Prognosis, Forecast 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2035, 2040, 2050
Are you curious about the potential of ArcelorMittal S.A. (MT) stock in the future? Then don’t worry In this blog post, we’ll explore future predictions and discuss factors that might influence the ArcelorMittal S.A. (MT) Stock price in the coming years. We’ll provide ArcelorMittal S.A. (MT) Stock price targets for 2024, 2025, 2026, and even far out to 2030, 2035, 2040, and 2050.
We can do the research and take advice from the stock experts to make this blog about the company’s performance and growth but, Keep in mind that these are just predictions, and the actual price could be higher or lower. But they can give you a general idea of what experts think about the stock’s long-term outlook.
So If you want to know how this stock will perform in the upcoming years, read this blog post completely and properly.
What Is ArcelorMittal SA?
ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing company headquartered in Luxembourg City.
It was founded in 2006 through the acquisition and merging of Arcelor with Indian-owned Mittal Steel. ArcelorMittal is the world’s second-largest steel maker, with an annual crude steel output of 78 million metric tons as of 2022.
It is placed 197th on the 2022 Fortune Global 500 list of the world’s largest firms. It employs about 154,000 people and has a market capitalization of $20 billion. The company’s entire assets are estimated to be worth approximately $94 billion.
ArcelorMittal was founded when Mittal Steel acquired Arcelor, which was formed by the combination of ISPAT International and LNM Holdings. The company’s history dates back to 1976.
The headquarters of ArcelorMittal is in Luxembourg City. Before its merger with Aceralia and Usinor, the building served as Arbed’s headquarters.
ArcelorMittal S.A. (MT) Company Profile:-
| Country | Luxembourg |
| Ticker Symbol | MT |
| Exchange | NYSE |
| Founded | 2006 |
| IPO Date | 1997 |
| Industry | Steel Manufacturing |
| Sector | Materials |
| Employees | 126,756 |
| CEO | Aditya Mittal |
| Market Cap (August 15, 2024) | $17.12 billion |
| Website | ArcelorMittal |
ArcelorMittal SA Stock Price Growth Chart
MT Stock Price Forecast in the Next 1, 3, 5, 7, and 10 Years
| Year | Prediction |
|---|---|
| 2024 | $19.09 to $30.79 |
| 2025 | $25.13 to $35.56 |
| 2026 | $29.74 to $41.45 |
| 2027 | $35.57 to $46.15 |
| 2028 | $41.44 to $53.48 |
| 2029 | $47.67 to $61.58 |
| 2031 | $63.13 to $78.82 |
| 2035 | $83.46 to $96.34 |
| 2040 | $99.37 to $112.73 |
Regarding ArcelorMittal SA’s goal stock price, it is expected to rise to $30.79 within the next year. Its worth can rise to $53.48 if we forecast and aim for the next five years based on the current environment, and it can reach $96.34 in the following ten years.
MT Stock Price Forecast 2024
| Year | MT Stock Price Prediction 2024 |
|---|---|
| 2024 | $19.09 to $30.79 |
According to current market analysis and performance, the company’s stock price can reach $30.79 per share by the end of 2024.
MT Stock Price Forecast 2025
| Year | MT Stock Price Prediction 2025 |
|---|---|
| 2025 | $25.13 to $35.56 |
By the end of 2025, the company’s stock price might reach $35.56 per share based on performance and current market data.
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MT Stock Price Forecast 2026
| Year | MT Stock Price Prediction 2026 |
|---|---|
| 2026 | $29.74 to $41.45 |
By the end of 2026, the company’s stock price might reach $41.45 per share based on performance and current market data.
MT Stock Price Forecast 2027
| Year | MT Stock Price Prediction 2027 |
|---|---|
| 2027 | $35.57 to $46.15 |
By the end of 2027, the company’s stock price might reach $46.15 per share based on performance and current market data.
MT Stock Price Forecast 2028
| Year | MT Stock Price Prediction 2028 |
|---|---|
| 2028 | $41.44 to $53.48 |
By the end of 2028, the company’s stock price might reach $53.48 per share based on performance and current market data.
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MT Stock Price Forecast 2029
| Year | MT Stock Price Prediction 2029 |
|---|---|
| 2029 | $47.67 to $61.58 |
By the end of 2029, the company’s stock price might reach $61.58 per share based on performance and current market data.
MT Stock Price Forecast 2031
| Year | MT Stock Price Prediction 2031 |
|---|---|
| 2031 | $63.13 to $78.82 |
By the end of 2031, the company’s stock price might reach $78.82 per share based on performance and current market data.
MT Stock Price Forecast 2035
| Year | MT Stock Price Prediction 2035 |
|---|---|
| 2035 | $83.46 to $96.34 |
By the end of 2035, the company’s stock price might reach $96.34 per share based on performance and current market data.
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MT Stock Price Forecast 2040
| Year | MT Stock Price Prediction 2040 |
|---|---|
| 2040 | $99.37 to $112.73 |
By the end of 2040, the company’s stock price might reach $112.73 per share based on performance and current market data.
Conclusion
I hope this blog post will help you gain some basic knowledge about the MT Share Price forecast, but remember these forecasts are just a roadmap, not a guaranteed destination. The stock market can be unpredictable, so it’s important to do your research and consider your investment goals before making any decisions.
But with the knowledge you’ve gained about MT Share Price potential, you’re well on your way to making informed choices about your investment journey.
I hope this blog post is helpful for you, If any doubt regarding this share price Target then please comment below, and I will reply to you.
Disclaimer:- The information provided in this blog post is for informational purposes only and should not be considered as financial advice We are not SEBI registered advisors. Past performance is not a guarantee of future results. Always do your research and consult with a financial professional before making any investment decision.
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