ArcelorMittal stock rises 4.4 percent to EUR 57.21 with USD 48.8 billion cap

Published on 10/09/2026 at 16:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ArcelorMittal stock costs EUR 57.21 on October 9, 2026 after EUR 54.81. Its P/E is 27.1 on 437,108 shares traded.

Key points in brief

ArcelorMittal stock traded at EUR 57.21 at Lang & Schwarz on October 9, 2026, up 4.38 percent versus EUR 54.81.
The company had a market capitalization of USD 48.8 billion and a P/E ratio of 27.11.
Second-quarter revenue was USD 16.76 billion versus USD 17.56 billion expected.
Nucor and Cleveland-Cliffs also gained on October 9, 2026, but showed different valuations.

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ArcelorMittal (ISIN LU1598757687) was trading at EUR 57.21 at Lang & Schwarz on October 9, 2026 at 4:34 p.m. CEST, up 4.38 percent versus the prior close of EUR 54.81. The quote corresponds to a market capitalization of USD 48.8 billion, giving the price move a clear valuation context.

Price remains inside the yearly range

On the NYSE, ArcelorMittal was last at USD 64.14 on October 9, 2026 at 10:38 a.m. ET, up 4.63 percent from USD 61.30. The 52-week range stood at USD 36.70 to USD 79.68 on October 6, 2026, leaving the stock materially below its yearly high in its primary-market quotation.

Trading volume reached 437,108 shares against an average volume of 1,441,654 shares. The lower turnover means the European quote moved higher while activity remained below the recent average.

Valuation and analyst target

ArcelorMittal's P/E ratio was 27.11 and its trailing dividend yield was 0.01 percent on October 9, 2026. The figures place the company in a measurable valuation framework rather than making the daily move a standalone signal.

According to MarketBeat on October 6, 2026, Wells Fargo cut its target from USD 69.00 to USD 64.00 and maintained an Equal Weight rating. The revised target was USD 0.14 below the NYSE quotation cited above.

Comparison with peers

ArcelorMittal: plus 4.38 percent, P/E 27.11, market capitalization USD 48.8 billion

Nucor Corporation (NYSE, USD): plus 1.87 percent, P/E 20.01, market capitalization USD 57.1 billion

Cleveland-Cliffs Inc. (NYSE, USD): plus 3.49 percent, P/E minus 7.55, market capitalization USD 7.2 billion

Second-quarter figures missed estimates

In the second quarter, ArcelorMittal reported revenue of USD 16.76 billion versus USD 17.56 billion expected, a shortfall of 4.56 percent. The company also reported earnings per share of USD 0.90 versus a USD 1.18 consensus estimate, a gap of 23.73 percent, according to MarketBeat on October 6, 2026.

Lang & Schwarz quote

ArcelorMittal was trading at EUR 57.21 at Lang & Schwarz on October 9, 2026 at 4:34 p.m. CEST, plus 4.38 percent versus the EUR 54.81 prior close. The further course of trading is shown by the continuously updated real-time quote of ArcelorMittal stock.