ArcelorMittal announces the publication of its second quarter 2026 sell-side analyst consensus figures
Rhea-AI Summary
ArcelorMittal (MT) has published sell-side analyst consensus figures for its second quarter 2026 results, based on estimates aggregated by independent provider Visible Alpha as of 23 July 2026. The consensus reflects contributions from 13 brokers covering ArcelorMittal.
For 2Q’26, analysts’ consensus estimates are EBITDA of $2,037 million, net income of $802 million, and earnings per share of $1.06. According to ArcelorMittal, these figures are third‑party forecasts compiled without the company’s input or verification, and should be viewed as external expectations subject to risks and uncertainties.
Positive
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Negative
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News Market Reaction – MT
In the Jul 24 session, MT gained 1.15%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 06 | Leadership change | Neutral | +3.1% | European CEO retirement announcement preceded a 3.08% 24-hour gain. |
| Jun 30 | Share buyback | Positive | +0.9% | Second buyback tranche began after the first repurchased 10 million shares. |
| Jun 26 | Government payments report | Neutral | -3.1% | 2025 extractive-activities payments report filing preceded a 3.14% decline. |
| Jun 22 | Strategic partnership | Positive | -0.2% | AWS collaboration announcement preceded a 0.17% 24-hour decline. |
| Jun 18 | Anniversary announcement | Neutral | -2.5% | 20th-anniversary video announcement preceded a 2.49% 24-hour decline. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent corporate announcements produced mixed 24-hour reactions, including positive, negative and near-flat moves.
Key Terms
ebitda financial
sell-side analyst consensus financial
forward-looking statements regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
July 24, 2026, 14.00 CET
ArcelorMittal (‘the Company’) today announces the publication of its second quarter 2026 sell-side analyst consensus figures.
The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed by an independent company, Visible Alpha.
To arrive at the consensus figures below, Visible Alpha has aggregated the expectations of sell-side analysts who, to the best of our knowledge, cover ArcelorMittal on a continuous basis. This is currently a group of approximately 15 brokers. The listed sell-side analysts follow ArcelorMittal on their own initiative and ArcelorMittal is not responsible for their views. ArcelorMittal is neither involved in the collection of the information nor in the compilation of the estimates.
2Q’26 consensus estimates:
| 2Q’26 | |
| - EBITDA ($m) | |
| - Net income ($m) | |
| - Earnings per share ($) | |
Equity analyst contributing to consensus:
Sell-side analyst participation stands at 13 brokers (i.e., those with updated estimates in Visible Alpha). The sell-side analysts who cover ArcelorMittal and whose estimates are included in the 2Q’26 consensus outlined above are the following:
- Bank of America – Reinhardt Van Der Walt
- CITI – Ephrem Ravi, Krishan Agarwal
- Deutsche Bank – Bastian Synagowitz
- Goldman Sachs – Matt Greene
- Groupo Santander – Robert Jackson
- ING – Stijn Demeester
- Jefferies – Cole Hathorn
- Kepler – Boris Bourdet
- Keybanc – Samuel Mckinney
- Morgan Stanley – Alain Gabriel
- Oddo – Maxime Kogge
- UBS – Andrew Jones
- Wells Fargo – Timna Tanners
Disclaimer
Estimates based on Visible Alpha consensus dated 23.7.26. The disclaimer is:
The information provided by Visible Alpha cited herein is provided “as is” and “as available” without warranty of any kind. Use of any Visible Alpha data is at a user’s own risk and Visible Alpha disclaims any liability for use of the Visible Alpha data. Although the information is obtained or compiled from reliable sources Visible Alpha neither can nor does guarantee or make any representation or warranty, either express or implied, as to the accuracy, validity, sequence, timeliness, completeness or continued availability of any information or data, including third-party content, made available herein. In no event shall Visible Alpha be liable for any decision made or action or inaction taken in reliance on any information or data, including third-party content. Visible Alpha further explicitly disclaims, to the fullest extent permitted by applicable law, any warranty of any kind, whether express or implied, including warranties of merchantability, fitness for a particular purpose and non-infringement.
The consensus estimate is based on estimates, forecasts and predictions made by third party financial analysts, as described above. It is not prepared based on information provided or checked by ArcelorMittal and can only be seen as a consensus view on ArcelorMittal's results from an outside perspective. ArcelorMittal has not provided input on these forecasts, except by referring to past publicly disclosed information. ArcelorMittal does not accept any responsibility for the quality or accuracy of any individual forecast or estimate. This web page may contain forward-looking statements based on current assumptions and forecasts made by ArcelorMittal or third parties. Various known and unknown risks, uncertainties and other factors could lead to material differences between ArcelorMittal's actual future results, financial situation, development or performance, and the estimates given here. These factors include those discussed in ArcelorMittal's periodic reports available on http://corporate.arcelormittal.com/.
About ArcelorMittal
ArcelorMittal is one of the world’s leading integrated steel and mining companies with a presence in 60 countries and primary steelmaking operations in 14 countries. It is the largest steel producer in Europe, among the largest in the Americas, and has a growing presence in Asia through its joint venture AM/NS India. ArcelorMittal sells its products to a diverse range of customers including the automotive, engineering, construction and machinery industries, and in 2025 generated revenues of
ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).
http://corporate.arcelormittal.com/
| ArcelorMittal Investor Relations contact information | |
| General | +44 20 7543 1128 |
| Retail | +44 20 3214 2893 |
| Bonds/Credit | +33 157 955 035 |
| ArcelorMittal Corporate Communications contact information | |
| Paul Weigh | |
| Tel: | +44 20 3214 2419 |
| press@arcelormittal.com | |
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