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Rio Tinto Group (RIO) Stock Forecast, Price Target & Predictions

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RIO Stock Forecast

Rio Tinto Group (RIO) stock forecast, based on 28 Wall Street analysts, predicts a 12-month average price target of $90.40, with a high of $100.00 and a low of $79.00. This represents a 55.41% increase from the last price of $58.17.

$55 $64 $73 $82 $91 $100 High: $100 Avg: $90.4 Low: $79 Last Closed Price: $58.17

RIO Stock Rating

Rio Tinto Group stock's rating consensus is Buy, based on 28 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 13 Buy (46.43%), 10 Hold (35.71%), 5 Sell (17.86%), and 0 Strong Sell (0.00%).

Buy
Total 28 0 5 10 13 Strong Sell Sell Hold Buy Strong Buy

RIO Price Target Upside V Benchmarks

TypeNameUpside
StockRio Tinto Group55.41%
SectorBasic Materials Stocks 21.09%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$80.50
Last Closing Price$58.17$58.17$58.17
Upside/Downside--38.39%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 2525---7
Mar, 2515---6
Feb, 2515---6
Jan, 2515---6
Dec, 2415---6
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 02, 2024Richard HatchBerenberg Bank$79.00$69.7813.21%35.81%
May 22, 2024John EadeArgus Research$82.00$73.4811.59%40.97%
Aug 23, 2022Hayden BairstowMacquarie$100.00$61.1063.67%71.91%
Mar 16, 2022Christopher LaFeminaJefferies$92.00$72.7226.51%58.16%
Jul 30, 2021Sam WebbCredit Suisse$99.02$75.7230.77%70.23%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Apr 16, 2025BarclaysOverweightOverweighthold
Oct 16, 2024CFRABuyBuyhold
Oct 16, 2024MacquarieOutperformNeutraldowngrade
Oct 16, 2024BMO CapitalOutperformOutperformhold
Oct 14, 2024Cowen & Co.Buydowngrade
Sep 30, 2024RBC CapitalSector PerformSector Performhold
Sep 13, 2024MacquarieNeutralOutperformupgrade
Aug 08, 2024BarclaysOverweightOverweighthold
Aug 06, 2024PanmureSelldowngrade
Jul 23, 2024HSBCBuyupgrade

Financial Forecast

EPS Forecast

$6 $7 $8 $9 $10 $11 $12 $13 $14 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$6.04$13.03$7.65$6.20-----
Avg Forecast$7.29$13.33$8.68$7.30$6.86$6.77$6.58$7.07$7.57
High Forecast$7.52$13.75$9.27$7.69$6.96$7.31$7.09$7.73$7.90
Low Forecast$7.07$12.92$8.33$7.09$6.73$6.08$6.06$6.54$7.18
Surprise %-17.15%-2.25%-11.87%-15.07%-----

Revenue Forecast

$40B $45B $50B $55B $60B $65B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$44.61B$63.49B$55.55B$54.04B-----
Avg Forecast$44.54B$62.27B$54.76B$53.85B$53.41B$52.61B$53.47B$57.54B$61.82B
High Forecast$45.63B$63.79B$57.65B$55.65B$55.20B$54.36B$55.25B$57.89B$63.88B
Low Forecast$43.49B$60.81B$53.07B$51.73B$51.32B$50.54B$51.37B$57.19B$59.39B
Surprise %0.16%1.96%1.44%0.36%-----

Net Income Forecast

$5B $9B $13B $17B $21B $25B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$9.77B$21.11B$12.39B$10.06B-----
Avg Forecast$11.90B$21.74B$14.15B$10.75B$11.19B$11.27B$11.46B$11.79B$12.35B
High Forecast$12.28B$22.43B$15.12B$11.09B$11.36B$11.92B$11.57B$12.62B$12.88B
Low Forecast$11.53B$21.08B$13.59B$10.40B$10.98B$9.91B$9.88B$10.67B$11.72B
Surprise %-17.89%-2.88%-12.45%-6.43%-----

RIO Forecast FAQ

Is Rio Tinto Group stock a buy?

Rio Tinto Group stock has a consensus rating of Buy, based on 28 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 13 Buy, 10 Hold, 5 Sell, and 0 Strong Sell, reflecting a consensus that Rio Tinto Group is a favorable investment for most analysts.

What is Rio Tinto Group's price target?

Rio Tinto Group's price target, set by 28 Wall Street analysts, averages $90.4 over the next 12 months. The price target range spans from $79 at the low end to $100 at the high end, suggesting a potential 55.41% change from the previous closing price of $58.17.

How does Rio Tinto Group stock forecast compare to its benchmarks?

Rio Tinto Group's stock forecast shows a 55.41% upside, outperforming the average forecast for the basic materials stocks sector (21.09%).

What is the breakdown of analyst ratings for Rio Tinto Group over the past three months?

  • April 2025: 28.57% Strong Buy, 71.43% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 16.67% Strong Buy, 83.33% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 16.67% Strong Buy, 83.33% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is Rio Tinto Group’s EPS forecast?

Rio Tinto Group's average annual EPS forecast for its fiscal year ending in December 2024 is $6.86, marking a 10.65% increase from the reported $6.2 in 2023. Estimates for the following years are $6.77 in 2025, $6.58 in 2026, $7.07 in 2027, and $7.57 in 2028.

What is Rio Tinto Group’s revenue forecast?

Rio Tinto Group's average annual revenue forecast for its fiscal year ending in December 2024 is $53.41B, reflecting a -1.16% decrease from the reported $54.04B in 2023. The forecast for 2025 is $52.61B, followed by $53.47B for 2026, $57.54B for 2027, and $61.82B for 2028.

What is Rio Tinto Group’s net income forecast?

Rio Tinto Group's net income forecast for the fiscal year ending in December 2024 stands at $11.19B, representing an 11.27% increase from the reported $10.06B in 2023. Projections indicate $11.27B in 2025, $11.46B in 2026, $11.79B in 2027, and $12.35B in 2028.