ArcelorMittal: Shares Surge 3% Mid-Day Following Annual Results
Shares of ArcelorMittal SA increased by 2.99% to 48.96 euros this Thursday, February 5, mid-session. This rise follows the announcement of the 2025 annual results of the steelmaker, revealing a net profit of $3.2 billion. The Luxembourg-based group continues its remarkable recovery, now showing a year-on-year gain of 102.1%.
Financial Performance Unveiled
This morning, the steelmaker disclosed its financial performance for the past year, reporting a net result of $3.2 billion for 2025. EBITDA stood at $6.5 billion, supported by investments in renewable energy and iron mining. These figures demonstrate the group's ability to remain profitable despite a sector environment characterized by steel price volatility.
The results announcement comes on the eve of the official annual accounts presentation scheduled for February 6. The market's positive reaction confirms that investors are applauding the management's diversification strategy, particularly through the development of less cyclical activities. The stock is also benefiting from a favorable technical momentum, having risen 51.11% over the past three months.
Analysts' Renewed Optimism
Recent analyst recommendations reflect a renewed optimism about the stock. JP Morgan raised its target from 45 to 52.50 euros on January 29, maintaining an 'overweight' rating. This new target price suggests a potential appreciation of 7.2% from the current price. A few days earlier, Citi also increased its valuation from 45 to 55 euros, thus indicating a theoretical upside of 12.3%.
These revisions illustrate the shift in analysts' sentiment regarding the group's prospects. The proximity of the price to the technical resistance at 48.70 euros, now surpassed, paves the way for new highs. With an RSI at 71, the stock is currently in an overbought zone, suggesting some caution in the short term. All moving averages remain favorable, with the price significantly above the 20, 50, and 200-day thresholds.
