ArcelorMittal stock holds near $74.53 after Ukraine strike news
Published on 09/14/2026 at 16:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
ArcelorMittal stock (LU1598757687) opened at $74.53 on September 14, 2026, giving the steel group a market capitalization of $57.76 billion. The move came after conflict-related news from Ukraine kept operational risk in view for the market.
Strike risk stays in view
As ad hoc news reported on September 14, 2026, trading on September 11 was shaped by reports that a major Ukrainian steel facility was hit by a missile strike, with two employees killed and two injured. The same report said damage was reported to production and auxiliary facilities in Kryvyi Rih.
For investors, the number that matters is not only the cash impact but also how long any disruption lasts. The stock is trading with a 52-week range of $34.15 to $79.68, and the opening price on September 14 sits close to that upper end.
Quarterly figures miss estimates
According to MarketBeat, ArcelorMittal reported second-quarter revenue of $16.76 billion on July 30, 2026, compared with $17.56 billion expected by analysts. The same report said EPS came in at $0.90, below the $1.18 consensus.
That gap mattered more than the headline revenue growth of 5.2 percent year on year. MarketBeat also cited net margin of 2.88 percent and return on equity of 4.20 percent for the quarter.
Analysts stay split
According to MarketBeat, Deutsche Bank Aktiengesellschaft restated a buy rating on September 4, 2026, while Morgan Stanley started coverage on August 24, 2026, with an overweight rating and a $82.00 price objective. The same overview also said Wells Fargo raised its target from $62.00 to $69.00 on July 31, 2026, and JPMorgan moved from underweight to neutral on July 10, 2026.
Stock level to watch
ArcelorMittal stock opened at $74.53 on September 14, 2026, after a prior close that keeps it inside a 52-week band from $34.15 to $79.68. MarketBeat put the market capitalization at $57.76 billion and volume details were not disclosed in the same snapshot.
ArcelorMittal stock at a glance
- Company: ArcelorMittal SA
- ISIN: LU1598757687
- Ticker: MT
- Trading venue: NYSE
- Price (as of September 14, 2026): USD 74.53
- Market capitalization: USD 57.76 billion
- Sector / Industry: Basic Materials / Steel
- Index membership: CAC 40
