Analysts anticipate ArcelorMittal will report Q1 2026 revenue of approximately $16.22 billion and an EPS of $0.65, with the stock currently trading near $59.71 against an average analyst price target of $65.23. Investors are primarily focused on the company’s quarterly EBITDA performance, which is projected to reach $1.66 billion as global steel demand shows signs of stabilization.
Market sentiment is bolstered by favorable trade policies, such as the EU’s Carbon Border Adjustment Mechanism, and the company's aggressive shift toward lower-carbon production via its Dunkirk transformation project. Despite projected year-over-year earnings compression, the strategic expansion of electrical steel capacities for the automotive sector remains a critical metric for long-term growth.