Why ArcelorMittal S.A.’s (MT) Stock Is Up 12.06%

By Omar Beirat
April 24, 2026
Featured Tickers:
MT

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate ArcelorMittal S.A. before investing.

In this article, we go over a few key elements for understanding ArcelorMittal S.A.’s stock price such as:

  • ArcelorMittal S.A.’s current stock price and volume
  • Why ArcelorMittal S.A.’s stock price changed recently
  • Upgrades and downgrades for MT from analysts
  • MT’s stock price momentum as measured by its relative strength

About ArcelorMittal S.A. (MT)

Before we jump into ArcelorMittal S.A.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company also provides mining products, such as iron ore lumps, fines, concentrate, pellets, and sinter feeds; and coking coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, and distributors. The company operates iron ore mining activities in Brazil, Bosnia, Liberia, Mexico, South Africa, and Ukraine, as well as in India and in Canada. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg, Luxembourg.

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ArcelorMittal S.A.’s Stock Price as of Market Close

As of April 24, 2026, 10:18 AM, CST, ArcelorMittal S.A.’s stock price was $59.350.

ArcelorMittal S.A. is down 0.32% from its previous closing price of $59.540.

During the last market session, ArcelorMittal S.A.’s stock traded between $58.700 and $59.490. Currently, there are approximately 761.00 million shares outstanding for ArcelorMittal S.A..

ArcelorMittal S.A.’s price-earnings (P/E) ratio is currently at 14.5, which is low compared to the Metals & Mining industry median of 21. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

ArcelorMittal S.A. Stock Price History

ArcelorMittal S.A.’s (MT) price is currently up 14.18% so far this month.

During the month of April, ArcelorMittal S.A.’s stock price has reached a high of $63.350 and a low of $51.420.

Over the last year, ArcelorMittal S.A. has hit prices as high as $67.600 and as low as $28.010. Year to date, ArcelorMittal S.A.’s stock is up 30.24%.

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What Caused ArcelorMittal S.A. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of April 23, 2026, there was 1 analyst who downgraded ArcelorMittal S.A.’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate ArcelorMittal S.A.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on ArcelorMittal S.A.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

ArcelorMittal S.A.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about ArcelorMittal S.A. (MT) by visiting AAII Stock Evaluator.

Relative Price Strength of ArcelorMittal S.A.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 23, 2026, ArcelorMittal S.A. has a weighted four-quarter relative price strength of 11.36%, which translates to a Momentum Score of 82 and is considered to be Very Strong.

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ArcelorMittal S.A. Stock Price: Bottom Line

As of April 24, 2026, ArcelorMittal S.A.’s stock price is $59.350, which is down 0.32% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like ArcelorMittal S.A. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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