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Vale (VALE) Stock Forecast, Price Target & Predictions

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VALE Stock Forecast

Vale stock forecast is as follows: an average price target of $14.03 (represents a 57.64% upside from VALE’s last price of $8.90) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.

VALE Price Target

The average price target for Vale (VALE) is $14.03 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $11.50. This represents a potential 57.64% upside from VALE's last price of $8.90.

VALE Analyst Ratings

Buy

According to 13 Wall Street analysts, Vale's rating consensus is 'Buy'. The analyst rating breakdown for VALE stock is 0 'Strong Buy' (0.00%), 10 'Buy' (76.92%), 3 'Hold' (23.08%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Vale Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 11, 2024Myles AllsopUBS$11.50$10.806.43%29.21%
Oct 16, 2024Alexander PearceBMO Capital$13.00$10.9219.05%46.07%
Oct 15, 2024Alfonso SalazarScotiabank$16.00$11.1044.14%79.78%
Oct 04, 2024Alexander HackingCitigroup$15.00$11.4531.00%68.54%
Jul 05, 2024Myles AllsopUBS$14.50$11.6124.89%62.92%
Jul 03, 2024Marcio FaridGoldman Sachs$16.00$11.6137.81%79.78%
Jun 21, 2024Alan SpenceBNP Paribas$12.70$11.2912.49%42.70%
May 07, 2024Myles AllsopUBS$15.00$12.5919.14%68.54%
Nov 21, 2023Marcio FaridGoldman Sachs$19.50$15.9022.64%119.10%
Jun 06, 2023Tyler BrodaRBC Capital$15.00$13.749.13%68.54%
Dec 09, 2022Morgan Stanley$20.00$16.4321.73%124.72%
Jul 13, 2022Sylvain BrunetBNP Paribas$16.00$13.5518.04%79.78%
Jun 14, 2022Christopher LaFeminaJefferies$24.00$15.8551.42%169.66%
Apr 25, 2022RBC Capital$18.00$16.707.78%102.25%
Apr 19, 2022RBC Capital$20.00$18.776.55%124.72%
Apr 09, 2022Liam FitzpatrickDeutsche Bank$22.00$20.109.45%147.19%
Mar 16, 2022Christopher LaFeminaJefferies$23.00$17.7529.58%158.43%
Mar 13, 2022Chris TerryDeutsche Bank$20.00$19.074.88%124.72%
Feb 10, 2022Sylvain BrunetBNP Paribas$20.50$17.8514.85%130.34%
Feb 06, 2022Christopher LaFeminaJefferies$16.00$16.55-3.32%79.78%
Jan 26, 2022Jonathan BrandtHSBC$17.25$15.5311.08%93.82%
Jan 22, 2022Tyler BrodaRBC Capital$17.00$15.608.97%91.01%
Nov 30, 2021Jason FaircloughBank of America Securities$17.00$11.9242.62%91.01%
Nov 11, 2021Leonardo CorreaBTG Pactual$22.00$12.1980.48%147.19%
Sep 09, 2021Caio RibeiroCredit Suisse$24.00$15.8051.90%169.66%
Jul 12, 2021Alfonso SalazarScotiabank$26.00$19.5333.13%192.13%
Apr 29, 2021David GaglianoBMO Capital$25.00$18.0838.27%180.90%
Apr 28, 2021Alexander HackingCitigroup$22.00$17.9922.29%147.19%

The latest Vale stock forecast, released on Nov 11, 2024 by Myles Allsop from UBS, set a price target of $11.50, which represents a 6.43% increase from the stock price at the time of the forecast ($10.80), and a 29.21% increase from VALE last price ($8.90).

Vale Price Target by Period

1M3M12M
# Anlaysts-48
Avg Price Target-$13.88$14.21
Last Closing Price$8.90$8.90$8.90
Upside/Downside-100.00%55.96%59.66%

In the current month, the average price target of Vale stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Vale's last price of $8.90. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 16, 2024BMO CapitalOutperformOutperformHold
Oct 15, 2024ScotiabankSector PerformSector PerformHold
Oct 09, 2024Wolfe ResearchPeer PerformUnderperformDowngrade
Oct 04, 2024CitigroupBuyBuyHold
Jul 17, 2024Wolfe ResearchOutperformPeer PerformDowngrade
Jul 05, 2024UBSBuyBuyHold
Jul 03, 2024Goldman SachsBuyBuyHold
Jun 12, 2024CitigroupBuyBuyHold
May 07, 2024UBSBuyBuyHold
May 07, 2024RBC CapitalUnderperformUnderperformHold
Apr 16, 2024BarclaysOverweightOverweightHold
Apr 09, 2024RBC CapitalHoldHoldHold
Feb 12, 2024UBSBuyBuyHold
Nov 21, 2023Goldman SachsBuyUpgrade
Nov 20, 2023Bank of America SecuritiesBuyUpgrade
Oct 05, 2023UBSNeutralUpgrade
Jul 11, 2023Wolfe ResearchOutperformUpgrade
Jun 06, 2023RBC CapitalSector PerformOutperformUpgrade
Dec 09, 2022Morgan StanleyEqual-WeightOverweightUpgrade
Nov 23, 2022Deutsche BankHoldBuyUpgrade
Sep 12, 2022TD SecuritiesBuyUpgrade
Jul 13, 2022Exane BNP ParibasOutperformNeutralDowngrade
Jun 29, 2022Deutsche BankHoldHoldHold
Jun 23, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jun 07, 2022JefferiesHoldBuyUpgrade
Mar 16, 2022JefferiesHoldHoldHold
Mar 13, 2022Deutsche BankBuyBuyHold
Feb 10, 2022Exane BNP ParibasOutperformUpgrade
Feb 06, 2022JefferiesHoldHoldHold
Jan 26, 2022HSBCHoldHoldHold
Jan 22, 2022RBC CapitalBuySector PerformUpgrade
Dec 04, 2020RBC CapitalBuyBuyHold

Vale's last stock rating was published by BMO Capital on Oct 16, 2024. The company gave VALE a "Outperform" rating, the same as its previous rate.

Vale Financial Forecast

Vale Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue-----------------------$8.43B$11.94B$9.93B$11.16B$10.81B-$12.68B
Avg Forecast$11.57B$11.44B$11.31B$11.19B$11.06B$10.94B$10.81B$10.69B$10.57B$10.45B$10.34B$10.22B$10.65B$9.88B$9.31B$8.30B$10.72B$9.62B$10.00B$8.52B$13.26B$10.86B$9.83B$8.93B$11.48B$10.15B$11.38B$11.66B$12.63B$13.89B
High Forecast$11.90B$11.77B$11.64B$11.51B$11.38B$11.25B$11.12B$11.00B$10.88B$10.75B$10.63B$10.51B$10.95B$10.16B$9.58B$8.62B$11.14B$10.00B$10.00B$8.54B$13.46B$10.86B$10.11B$9.18B$11.81B$10.15B$11.38B$11.66B$12.63B$13.89B
Low Forecast$11.28B$11.15B$11.03B$10.90B$10.78B$10.66B$10.54B$10.42B$10.31B$10.19B$10.08B$9.96B$10.38B$9.63B$9.08B$7.98B$10.31B$9.24B$10.00B$8.51B$13.05B$10.86B$9.59B$8.70B$11.19B$10.15B$11.38B$11.66B$12.63B$13.89B
# Analysts111111111111111221336333444433
Surprise %-----------------------0.94%1.04%0.98%0.98%0.93%-0.91%

Vale's average Quarter revenue forecast for Jun 23 based on 3 analysts is $9.83B, with a low forecast of $9.59B, and a high forecast of $10.11B. VALE's average Quarter revenue forecast represents a 16.59% increase compared to the company's last Quarter revenue of $8.43B (Mar 23).

Vale EBITDA Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111221336333444433
EBITDA-----------------------$3.25B$4.46B$4.50B$6.27B$6.63B-$4.40B
Avg Forecast$5.01B$4.95B$4.90B$4.84B$4.79B$4.74B$4.68B$4.63B$4.58B$4.53B$4.48B$4.43B$4.61B$4.28B$4.03B$3.59B$4.64B$4.17B$4.33B$3.69B$5.74B$4.70B$4.26B$3.87B$6.38B$5.00B$5.61B$9.83B$6.22B$6.84B
High Forecast$5.15B$5.10B$5.04B$4.98B$4.93B$4.87B$4.82B$4.76B$4.71B$4.66B$4.60B$4.55B$4.74B$4.40B$4.15B$3.73B$4.82B$4.33B$4.33B$3.70B$5.83B$4.70B$4.38B$3.98B$7.66B$5.00B$5.61B$11.79B$6.22B$6.84B
Low Forecast$4.88B$4.83B$4.78B$4.72B$4.67B$4.62B$4.56B$4.51B$4.46B$4.41B$4.36B$4.31B$4.49B$4.17B$3.93B$3.46B$4.47B$4.00B$4.33B$3.69B$5.65B$4.70B$4.15B$3.77B$5.10B$5.00B$5.61B$7.86B$6.22B$6.84B
Surprise %-----------------------0.84%0.70%0.90%1.12%0.67%-0.64%

3 analysts predict VALE's average Quarter EBITDA for Jun 23 to be $4.26B, with a high of $4.38B and a low of $4.15B. This is 31.22% upper than Vale's previous annual EBITDA (Mar 23) of $3.25B.

Vale Net Income Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111221336333444433
Net Income-----------------------$1.84B$3.72B$4.46B$4.14B$4.46B-$3.89B
Avg Forecast$3.63B$3.77B$3.74B$3.31B$3.47B$3.61B$3.54B$3.09B$2.48B$2.57B$2.51B$2.27B$2.50B$2.13B$1.99B$1.76B$2.48B$1.86B$1.88B$7.10B$4.12B$2.57B$2.25B$6.46B$4.87B$2.39B$3.43B$5.87B$3.43B$4.69B
High Forecast$3.77B$3.91B$3.88B$3.43B$3.60B$3.74B$3.67B$3.20B$2.57B$2.66B$2.60B$2.35B$2.60B$2.20B$2.06B$1.83B$2.80B$1.93B$1.88B$8.52B$4.36B$2.58B$2.34B$7.75B$5.84B$2.39B$3.43B$7.04B$3.43B$4.69B
Low Forecast$3.51B$3.65B$3.61B$3.20B$3.36B$3.49B$3.43B$2.99B$2.40B$2.48B$2.42B$2.19B$2.42B$2.06B$1.92B$1.70B$2.32B$1.80B$1.88B$5.68B$3.65B$2.57B$2.18B$5.16B$3.90B$2.39B$3.43B$4.69B$3.43B$4.69B
Surprise %-----------------------0.28%0.76%1.86%1.21%0.76%-0.83%

Vale's average Quarter net income forecast for Jun 23 is $2.25B, with a range of $2.18B to $2.34B. VALE's average Quarter net income forecast represents a 22.61% increase compared to the company's last Quarter net income of $1.84B (Mar 23).

Vale SG&A Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111221336333444433
SG&A-----------------------$107.00M$139.00M$110.00M$115.00M$110.00M-$104.00M
Avg Forecast$130.90M$129.43M$127.98M$126.54M$125.12M$123.72M$122.33M$120.96M$119.61M$118.26M$116.94M$115.63M$120.46M$111.75M$105.35M$93.87M$121.28M$108.83M$113.10M$122.91M$149.98M$122.90M$111.24M$111.73M$104.08M$114.79M$128.77M$101.58M$142.95M$157.16M
High Forecast$134.64M$133.13M$131.63M$130.16M$128.70M$127.25M$125.83M$124.42M$123.02M$121.64M$120.28M$118.93M$123.90M$114.94M$108.36M$97.54M$126.01M$113.09M$113.10M$147.49M$152.30M$122.90M$114.41M$134.08M$124.90M$114.79M$128.77M$121.89M$142.95M$157.16M
Low Forecast$127.59M$126.16M$124.74M$123.35M$121.96M$120.59M$119.24M$117.90M$116.58M$115.28M$113.98M$112.70M$117.41M$108.92M$102.69M$90.30M$116.66M$104.58M$113.10M$98.33M$147.67M$122.90M$108.42M$89.39M$83.27M$114.79M$128.77M$81.26M$142.95M$157.16M
Surprise %-----------------------0.96%1.34%0.96%0.89%1.08%-0.66%

Vale's average Quarter SG&A projection for Jun 23 is $111.24M, based on 3 Wall Street analysts, with a range of $108.42M to $114.41M. The forecast indicates a 3.96% rise compared to VALE last annual SG&A of $107.00M (Mar 23).

Vale EPS Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts111111111111111221336333444433
EPS-----------------------$0.41$0.82$0.98$0.89$0.93-$0.76
Avg Forecast$0.85$0.88$0.87$0.77$0.81$0.84$0.83$0.72$0.58$0.60$0.59$0.53$0.59$0.50$0.47$0.41$0.58$0.43$0.44$0.36$0.96$0.60$0.53$0.52$0.61$0.56$0.80$0.84$0.80$1.09
High Forecast$0.88$0.92$0.91$0.80$0.84$0.88$0.86$0.75$0.60$0.62$0.61$0.55$0.61$0.52$0.48$0.43$0.66$0.45$0.44$0.37$1.02$0.60$0.55$0.53$0.63$0.56$0.80$0.84$0.80$1.09
Low Forecast$0.82$0.85$0.85$0.75$0.79$0.82$0.80$0.70$0.56$0.58$0.57$0.51$0.57$0.48$0.45$0.40$0.54$0.42$0.44$0.35$0.85$0.60$0.51$0.50$0.59$0.56$0.80$0.84$0.80$1.09
Surprise %-----------------------0.80%1.34%1.75%1.11%1.11%-0.69%

According to 3 Wall Street analysts, Vale's projected average Quarter EPS for Jun 23 is $0.53, with a low estimate of $0.51 and a high estimate of $0.55. This represents a 28.52% increase compared to VALE previous annual EPS of $0.41 (Mar 23).

Vale Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LACLithium Americas (Argentina)$3.13$4.8554.95%Buy
VALEVale$9.19$14.0352.67%Buy
RIORio Tinto Group$61.46$79.0028.54%Buy
BHPBHP Group$51.00$64.0025.49%Hold
PLLPiedmont Lithium$9.85$11.5016.75%Hold
MPMP Materials$18.37$19.677.08%Buy
TECKTeck Resources$42.09$40.31-4.23%Buy

VALE Forecast FAQ

Is Vale a good buy?

Yes, according to 13 Wall Street analysts, Vale (VALE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 76.92% of VALE's total ratings.

What is VALE's price target?

Vale (VALE) average price target is $14.03 with a range of $11.5 to $16, implying a 57.64% from its last price of $8.9. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Vale stock go up soon?

According to Wall Street analysts' prediction for VALE stock, the company can go up by 57.64% (from the last price of $8.9 to the average price target of $14.03), up by 79.78% based on the highest stock price target, and up by 29.21% based on the lowest stock price target.

Can Vale stock reach $13?

VALE's average twelve months analyst stock price target of $14.03 supports the claim that Vale can reach $13 in the near future.

What are Vale's analysts' financial forecasts?

Vale's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $43.51B (high $44.75B, low $42.41B), average EBITDA is $18.84B (high $19.38B, low $18.36B), average net income is $13.71B (high $14.22B, low $13.26B), average SG&A $492.14M (high $506.19M, low $479.7M), and average EPS is $3.21 (high $3.33, low $3.1). VALE's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $45.51B (high $46.81B, low $44.36B), average EBITDA is $19.71B (high $20.27B, low $19.21B), average net income is $14.45B (high $14.99B, low $13.98B), average SG&A $514.85M (high $529.55M, low $501.84M), and average EPS is $3.38 (high $3.51, low $3.27).

Did the VALE's actual financial results beat the analysts' financial forecasts?

Based on Vale's last annual report (Dec 2022), the company's revenue was $43.84B, which missed the average analysts forecast of $44.66B by -1.85%. Apple's EBITDA was $21.62B, missing the average prediction of $26.81B by -19.37%. The company's net income was $18.79B, beating the average estimation of $16.56B by 13.45%. Apple's SG&A was $474M, beating the average forecast of $449.23M by 5.51%. Lastly, the company's EPS was $4.05, beating the average prediction of $2.81 by 44.09%. In terms of the last quarterly report (Mar 2023), Vale's revenue was $8.43B, missing the average analysts' forecast of $8.93B by -5.52%. The company's EBITDA was $3.24B, missing the average prediction of $3.87B by -16.05%. Vale's net income was $1.84B, missing the average estimation of $6.46B by -71.54%. The company's SG&A was $107M, missing the average forecast of $111.73M by -4.24%. Lastly, the company's EPS was $0.41, missing the average prediction of $0.516 by -20.47%