Benzinga · Oct 9, 2026
UBS Upgrades ArcelorMittal to Buy
UBS analyst Andrew Jones upgrades ArcelorMittal (NYSE:MT) from Neutral to Buy.

NYSE · MT
Basic Materials · Steel
$63.05
Down-$0.55 (-0.86%)
Updated Oct 18, 2026, 10:25 PM
SID Score
6.6/10
Composite research score
Smart Money
54/100
Neutral
Price performance · MT
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 16, 2026
MT closed at $63.05 after 20 trading sessions, down 13.08% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 16, 2026 | $63.95 | $64.71 | $62.61 | $63.05 | 653.34K |
| Oct 15, 2026 | $62.82 | $63.74 | $61.85 | $63.60 | 1.38M |
| Oct 14, 2026 | $63.10 | $63.295 | $61.91 | $62.49 | 869.37K |
| Oct 13, 2026 | $63.75 | $63.91 | $63.12 | $63.47 | 616.75K |
| Oct 12, 2026 | $62.79 | $63.55 | $62.64 | $62.95 | 1.05M |
| Oct 9, 2026 | $64.28 | $64.46 | $63.98 | $64.11 | 1.31M |
| Oct 8, 2026 | $60.85 | $61.71 | $60.34 | $61.30 | 1.96M |
| Oct 7, 2026 | $62.60 | $62.77 | $62.06 | $62.32 | 1.55M |
| Oct 6, 2026 | $65.96 | $66.10 | $65.12 | $65.19 | 1.56M |
| Oct 5, 2026 | $63.68 | $65.47 | $63.57 | $64.73 | 1.63M |
| Oct 2, 2026 | $63.80 | $64.815 | $63.69 | $64.51 | 2.13M |
| Oct 1, 2026 | $64.38 | $64.81 | $63.50 | $64.56 | 2.95M |
| Sep 30, 2026 | $67.79 | $68.32 | $66.67 | $66.74 | 1.46M |
| Sep 29, 2026 | $68.45 | $69.07 | $67.56 | $67.96 | 1.42M |
| Sep 28, 2026 | $69.46 | $70.765 | $69.06 | $69.85 | 1.55M |
| Sep 25, 2026 | $71.46 | $71.47 | $70.08 | $70.70 | 1.38M |
| Sep 24, 2026 | $71.71 | $71.74 | $70.40 | $71.30 | 1.23M |
| Sep 23, 2026 | $73.08 | $73.08 | $71.425 | $71.92 | 1.08M |
| Sep 22, 2026 | $73.26 | $74.19 | $72.48 | $73.78 | 910.71K |
| Sep 21, 2026 | $73.46 | $73.48 | $72.06 | $72.54 | 752.6K |
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Company
Market Activity
Research & News
MT research
Company profile and research snapshot.
ArcelorMittal SA is involved in the steel industry. The company's operating segments include North America, Brazil, Europe, India and JVs, Sustainable Solutions, Mining and Other . It generates maximum revenue from the Europe segment. Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold to customers in the automotive, general, and packaging sectors as well as also produce long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from United States.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 23, 2026 | LANDESBANK BADEN-WUERTTEMBERG | Hold | — |
| Sep 21, 2026 | DAY BY DAY | Buy | — |
| Sep 10, 2026 | BAADER EUROPE / ALPHAVALUE | Sell | — |
| Aug 26, 2026 | ING FM | Buy | — |
| Aug 20, 2026 | JEFFERIES | Buy | — |
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Benzinga · Oct 9, 2026
UBS analyst Andrew Jones upgrades ArcelorMittal (NYSE:MT) from Neutral to Buy.
Benzinga · Oct 6, 2026
Wells Fargo analyst Timna Tanners maintains ArcelorMittal (NYSE:MT) with a Equal-Weight and lowers the price target from $69 to $64.
Yahoo · Sep 30, 2026
Companies In The News Are: CCL, KMX, MTN, FICO.
Yahoo · Sep 29, 2026
Vail Resorts (NYSE:MTN) shares edged lower in pre-market trading on Tuesday after the ski resort operator reported fourth-quarter results above analyst expectations but disclosed lower season pass sales for the upcoming 2026/2027 ski season. The company reported a fourth-quarter loss of $5.
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The latest Smart Investors Daily articles mentioning MT.