ArcelorMittal stock: CIC raises target for ArcelorMittal stock from EUR 57.78 to EUR 75.86
Published on 10/19/2026 at 15:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and trading date
- On October 13, 2026, CIC raised its ArcelorMittal target from EUR 57.78 to EUR 75.86.
- ArcelorMittal reports third-quarter results on November 5, 2026.
- ArcelorMittal stock costs EUR 56.60 at Lang & Schwarz on October 19, 2026 at 3:38 p.m. CEST, minus 0.32 percent versus the Xetra close of October 16, 2026.
- ArcelorMittal has a price-to-earnings ratio of 26.92.
On October 13, 2026, CIC Market Solutions raised its ArcelorMittal target from EUR 57.78 to EUR 75.86 while maintaining a Hold rating, according to Ideal Investisseur. The new target stands 34.03 percent above the Lang & Schwarz price of EUR 56.60. At Lang & Schwarz, ArcelorMittal stock was trading at EUR 56.60 on October 19, 2026 at 3:38 p.m. CEST, down 0.32 percent versus the Xetra close of October 16, 2026 (EUR 56.78).
Target distance and earnings date
The CIC target gives investors a dated valuation marker while the stock remains below the target level. The comparison uses the same euro price basis: EUR 75.86 divided by EUR 56.60 produces a 34.03 percent premium to the market price.
Simply Wall St lists November 5, 2026 as ArcelorMittal's next earnings date. That date gives the target a near-term event marker, although the analyst target and the reporting date are separate pieces of information.
Price position and trading range
The 52-week range is EUR 31.87 to EUR 68.56. At EUR 56.60, the stock stands 17.45 percent below the yearly high and 77.60 percent above the yearly low. The Lang & Schwarz bid was EUR 56.58 and the ask EUR 56.62 on October 19, 2026 at 3:38 p.m. CEST.
Trading volume for the primary US quote was 255,762 shares at 3:53 p.m. CEST on October 19, 2026. The latest one-month comparison available for the Euronext listing showed a decline of 10.01 percent, placing the intraday move in a wider short-term price frame.
Valuation and peer comparison
ArcelorMittal's market capitalization was USD 47.8 billion and its price-to-earnings ratio was 26.92 as of October 19, 2026. The company is listed on Euronext Amsterdam under ticker MT, while the German listing trades on Xetra under ticker ARRD.
Comparison with peers
ArcelorMittal: minus 0.32 percent, price-to-earnings ratio 26.92, market capitalization USD 47.8 billion.
Nucor (NYSE, USD): plus 1.40 percent, price-to-earnings ratio 20.79, market capitalization USD 59.0 billion.
Cleveland-Cliffs (NYSE, USD): plus 8.99 percent, price-to-earnings ratio minus 7.98, market capitalization USD 7.5 billion.
Trading levels before results
For investors, the key contrast is the gap between the dated CIC target and the current euro quotation. The November 5, 2026 reporting date is the next scheduled point for a fresh company-specific update.
The further course of trading is shown by the continuously updated real-time quote of ArcelorMittal stock.
ArcelorMittal stock facts
- Company: ArcelorMittal S.A.
- ISIN: LU1598757687
- WKN: A2DRTZ
- Ticker: MT
- Primary exchange: Euronext Amsterdam
- Price Lang & Schwarz as of October 19, 2026, 3:38 p.m. CEST: EUR 56.60
- Change versus Xetra close: minus 0.32 percent
- Xetra close October 16, 2026: EUR 56.78
- Market capitalization: USD 47.8 billion as of October 19, 2026
- 52-week range: EUR 31.87-EUR 68.56 as of October 19, 2026
- Sector / Industry: Basic materials / steel
- Next earnings date: November 5, 2026
Market context: Market report Euro Stoxx 50.
