AlphaValue/Baader Europe Revises Forecast for ArcelorMittal After Talks with Management

06:37 AM EST, 12/22/2025 (MT Newswires) -- AlphaValue/Baader Europe said Monday it slashed its 2025 EPS projection for ArcelorMittal (MT.AS, MTS.MC), noting that it was "too optimistic" about the steel and mining company's fourth-quarter operations in Brazil and India. While the research firm downwardly adjusted a "number of assumptions" for the final three months of 2025, it expects no major impact on the coming years and its valuation, based on its discussion with ArcelorMittal's management. As such, the EPS estimates for 2025 and 2026 were cut by 26.9% and 2.59%, respectively, with AlphaValue/Baader anticipating European Union measures to drive market recovery. The stock is rated add, with a price target of 42 euros.