ArcelorMittal stock costs EUR 54.92 at a USD 46.8 billion market value

Published on 10/08/2026 at 16:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wells Fargo cut its target from USD 69.00 to USD 64.00 on October 6, 2026. ArcelorMittal stock costs EUR 54.92 versus EUR 55.67.

Key points in brief

ArcelorMittal stock traded at EUR 54.92 at Lang & Schwarz on October 8, 2026, down 1.35 percent versus EUR 55.67.
The primary NYSE quote was USD 61.47 at 10:39 a.m. ET, while the 52-week range was USD 36.70 to USD 79.68.
Wells Fargo cut its target from USD 69.00 to USD 64.00 on October 6, 2026, and the next earnings date is November 5, 2026.
ArcelorMittal had a USD 46.8 billion market capitalization and a 25.90 P/E ratio as of October 8, 2026.

Makroaufnahme einer gebürsteten Stahloberfläche mit feinen metallischen Linien — ArcelorMittal S.A. (LU1598757687) stellt Stahlprodukte her, diese Makroaufnahme zeigt die feine Textur einer gebürsteten Metalloberfläche, Illustration mit AI erstellt.

ArcelorMittal stock was trading at EUR 54.92 at Lang & Schwarz on October 8, 2026 at 4:33 p.m. CEST, down 1.35 percent from the prior close of EUR 55.67. The company had a USD 46.8 billion market capitalization, while its primary NYSE quote stood at USD 61.47 at 10:39 a.m. ET.

Stock stays inside its yearly range

The NYSE quote was down USD 0.85, or 1.36 percent, at the finance-data timestamp on October 8, 2026. Trading volume was 444,195 shares against an average volume of 1,443,000 shares, placing the session activity below that average.

ArcelorMittal's 52-week range was USD 36.70 to USD 79.68 on October 8, 2026. The USD 61.47 quote therefore remained between the yearly low and high, while the 25.90 P/E ratio supplied a valuation reference alongside the live market data.

Wells Fargo lowers its target

According to MarketBeat on October 6, 2026, Wells Fargo cut its ArcelorMittal target from USD 69.00 to USD 64.00 while maintaining an equal-weight rating. The change gives investors a dated reference for the analyst view without mixing the USD target with the EUR Lang & Schwarz price.

Gekko identifies November 5, 2026 as the next earnings date. Its page also lists a consensus target of USD 77.89 from five firms, with three Buy ratings and two Hold ratings, a separate reference from the Wells Fargo target.

Comparison with peers

ArcelorMittal: minus 1.36 percent, P/E 25.90, market capitalization USD 46.8 billion.
Nucor Corporation: plus 0.67 percent, P/E 19.79, market capitalization USD 56.5 billion.
Cleveland-Cliffs: plus 0.87 percent, P/E minus 7.27, market capitalization USD 6.9 billion.

Price and calendar markers

The price and peer figures place ArcelorMittal's October 8, 2026 session in a measurable market context: the EUR quote was lower against its Lang & Schwarz prior close, while the two U.S. steel peers were higher at the finance-data timestamps. The next dated company event listed by Gekko is the November 5, 2026 earnings report.

The further course of trading is shown by the continuously updated real-time quote of ArcelorMittal stock.