Vale (VALE) Stock Forecast, Price Target & Predictions
VALE Stock Forecast
Vale stock forecast is as follows: an average price target of $17.53 (represents a 74.95% upside from VALE’s last price of $10.02) 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 $17.53 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $24.00 to $11.50. This represents a potential 74.95% upside from VALE's last price of $10.02.
VALE Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 11, 2024 | Myles Allsop | UBS | $11.50 | $10.80 | 6.43% | 14.77% |
| Oct 16, 2024 | Alexander Pearce | BMO Capital | $13.00 | $10.92 | 19.05% | 29.74% |
| Oct 15, 2024 | Alfonso Salazar | Scotiabank | $16.00 | $11.10 | 44.14% | 59.68% |
| Oct 04, 2024 | Alexander Hacking | Citigroup | $15.00 | $11.45 | 31.00% | 49.70% |
| Jul 05, 2024 | Myles Allsop | UBS | $14.50 | $11.61 | 24.89% | 44.71% |
| Jul 03, 2024 | Marcio Farid | Goldman Sachs | $16.00 | $11.61 | 37.81% | 59.68% |
| Jun 21, 2024 | Alan Spence | BNP Paribas | $12.70 | $11.29 | 12.49% | 26.75% |
| May 07, 2024 | Myles Allsop | UBS | $15.00 | $12.59 | 19.14% | 49.70% |
| Nov 21, 2023 | Marcio Farid | Goldman Sachs | $19.50 | $15.90 | 22.64% | 94.61% |
| Jun 06, 2023 | Tyler Broda | RBC Capital | $15.00 | $13.74 | 9.13% | 49.70% |
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 14.77% increase from VALE last price ($10.02).
Vale Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 4 | 9 |
| Avg Price Target | $11.50 | $13.88 | $14.80 |
| Last Closing Price | $10.02 | $10.02 | $10.02 |
| Upside/Downside | 14.77% | 38.52% | 47.70% |
In the current month, the average price target of Vale stock is $11.50, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 14.77% increase as opposed to Vale's last price of $10.02. This month's average price target is down -17.15% compared to last quarter, and down -22.30% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 16, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Oct 15, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Oct 09, 2024 | Wolfe Research | Peer Perform | Underperform | Downgrade |
| Oct 04, 2024 | Citigroup | Buy | Buy | Hold |
| Jul 17, 2024 | Wolfe Research | Outperform | Peer Perform | Downgrade |
| Jul 05, 2024 | UBS | Buy | Buy | Hold |
| Jul 03, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Jun 12, 2024 | Citigroup | Buy | Buy | Hold |
| May 07, 2024 | UBS | Buy | Buy | Hold |
| May 07, 2024 | RBC Capital | Underperform | Underperform | Hold |
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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $8.43B | $11.94B | $9.93B | $11.16B | $10.81B | - | $12.68B |
| Avg Forecast | $11.54B | $11.41B | $11.28B | $11.16B | $11.04B | $10.91B | $10.79B | $10.67B | $10.56B | $10.44B | $10.33B | $10.21B | $10.84B | $10.03B | $9.47B | $8.40B | $10.73B | $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 | $11.93B | $11.80B | $11.67B | $11.54B | $11.41B | $11.29B | $11.16B | $11.04B | $10.92B | $10.80B | $10.68B | $10.56B | $11.21B | $10.37B | $9.80B | $8.73B | $11.14B | $10.00B | $10.00B | $8.54B | $13.46B | $10.86B | $10.17B | $9.23B | $11.87B | $10.15B | $11.38B | $11.66B | $12.63B | $13.89B |
| Low Forecast | $11.18B | $11.06B | $10.94B | $10.81B | $10.70B | $10.58B | $10.46B | $10.35B | $10.23B | $10.12B | $10.01B | $9.90B | $10.51B | $9.72B | $9.18B | $8.08B | $10.32B | $9.24B | $10.00B | $8.51B | $13.05B | $10.86B | $9.53B | $8.65B | $11.13B | $10.15B | $11.38B | $11.66B | $12.63B | $13.89B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 |
| 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 $9.53B, and a high forecast of $10.17B. 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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.25B | $4.46B | $4.50B | $6.27B | $6.63B | - | $4.40B |
| Avg Forecast | $5.00B | $4.94B | $4.89B | $4.83B | $4.78B | $4.73B | $4.68B | $4.62B | $4.57B | $4.52B | $4.47B | $4.42B | $4.70B | $4.35B | $4.10B | $3.64B | $4.65B | $4.17B | $4.33B | $3.69B | $5.74B | $4.71B | $4.26B | $3.87B | $6.38B | $5.00B | $5.61B | $9.83B | $6.22B | $6.84B |
| High Forecast | $5.17B | $5.11B | $5.06B | $5.00B | $4.94B | $4.89B | $4.84B | $4.78B | $4.73B | $4.68B | $4.63B | $4.58B | $4.86B | $4.49B | $4.25B | $3.78B | $4.83B | $4.33B | $4.33B | $3.70B | $5.83B | $4.71B | $4.41B | $4.00B | $7.66B | $5.00B | $5.61B | $11.79B | $6.22B | $6.84B |
| Low Forecast | $4.84B | $4.79B | $4.74B | $4.69B | $4.63B | $4.58B | $4.53B | $4.48B | $4.43B | $4.38B | $4.34B | $4.29B | $4.55B | $4.21B | $3.98B | $3.50B | $4.47B | $4.01B | $4.33B | $3.69B | $5.66B | $4.71B | $4.13B | $3.75B | $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 $4.41B and a low of $4.13B. This is 31.29% upper than Vale's previous annual EBITDA (Mar 23) of $3.25B.
Vale Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.84B | $3.72B | $4.46B | $4.14B | $4.46B | - | $3.89B |
| Avg Forecast | $3.45B | $3.72B | $3.59B | $3.35B | $3.33B | $3.60B | $3.46B | $3.20B | $2.45B | $2.58B | $2.48B | $2.30B | $2.49B | $2.21B | $2.05B | $1.81B | $2.38B | $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 | $3.60B | $3.88B | $3.75B | $3.49B | $3.48B | $3.76B | $3.61B | $3.35B | $2.56B | $2.70B | $2.59B | $2.40B | $2.60B | $2.30B | $2.14B | $1.89B | $2.46B | $1.94B | $1.88B | $8.52B | $4.36B | $2.58B | $2.35B | $7.75B | $5.84B | $2.39B | $3.43B | $7.04B | $3.43B | $4.69B |
| Low Forecast | $3.31B | $3.57B | $3.45B | $3.21B | $3.20B | $3.45B | $3.32B | $3.07B | $2.35B | $2.48B | $2.38B | $2.20B | $2.39B | $2.12B | $1.96B | $1.74B | $2.25B | $1.78B | $1.88B | $5.68B | $3.65B | $2.57B | $2.16B | $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 $2.16B to $2.35B. 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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $107.00M | $139.00M | $110.00M | $115.00M | $110.00M | - | $104.00M |
| Avg Forecast | $130.60M | $129.15M | $127.73M | $126.32M | $124.92M | $123.54M | $122.18M | $120.83M | $119.50M | $118.18M | $116.87M | $115.58M | $122.75M | $113.55M | $107.24M | $95.13M | $121.40M | $108.90M | $113.18M | $122.91M | $150.08M | $122.98M | $111.31M | $111.73M | $104.08M | $114.79M | $128.77M | $101.58M | $142.95M | $157.16M |
| High Forecast | $135.06M | $133.57M | $132.09M | $130.63M | $129.19M | $127.76M | $126.35M | $124.96M | $123.58M | $122.21M | $120.86M | $119.53M | $126.94M | $117.43M | $110.91M | $98.85M | $126.14M | $113.16M | $113.18M | $147.49M | $152.40M | $122.98M | $115.11M | $134.08M | $124.90M | $114.79M | $128.77M | $121.89M | $142.95M | $157.16M |
| Low Forecast | $126.56M | $125.16M | $123.78M | $122.42M | $121.06M | $119.73M | $118.41M | $117.10M | $115.80M | $114.53M | $113.26M | $112.01M | $118.96M | $110.04M | $103.93M | $91.51M | $116.78M | $104.64M | $113.18M | $98.33M | $147.76M | $122.98M | $107.87M | $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 $111.31M, based on 3 Wall Street analysts, with a range of $107.87M to $115.11M. The forecast indicates a 4.03% rise compared to VALE last annual SG&A of $107.00M (Mar 23).
Vale EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.41 | $0.82 | $0.98 | $0.89 | $0.93 | - | $0.76 |
| Avg Forecast | $0.81 | $0.87 | $0.84 | $0.78 | $0.78 | $0.84 | $0.81 | $0.75 | $0.57 | $0.60 | $0.58 | $0.54 | $0.58 | $0.52 | $0.48 | $0.42 | $0.56 | $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 | $0.84 | $0.91 | $0.88 | $0.82 | $0.81 | $0.88 | $0.85 | $0.78 | $0.60 | $0.63 | $0.61 | $0.56 | $0.61 | $0.54 | $0.50 | $0.44 | $0.58 | $0.45 | $0.44 | $0.37 | $1.02 | $0.60 | $0.55 | $0.54 | $0.64 | $0.56 | $0.80 | $0.84 | $0.80 | $1.09 |
| Low Forecast | $0.77 | $0.84 | $0.81 | $0.75 | $0.75 | $0.81 | $0.78 | $0.72 | $0.55 | $0.58 | $0.56 | $0.52 | $0.56 | $0.50 | $0.46 | $0.41 | $0.53 | $0.42 | $0.44 | $0.35 | $0.85 | $0.60 | $0.51 | $0.49 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| LAC | Lithium Americas | $3.74 | $16.96 | 353.48% | Buy |
| VALE | Vale | $10.02 | $17.53 | 74.95% | Buy |
| RIO | Rio Tinto Group | $62.43 | $90.40 | 44.80% | Buy |
| MP | MP Materials | $18.02 | $23.57 | 30.80% | Buy |
| BHP | BHP Group | $52.68 | $47.80 | -9.26% | Hold |
| TECK | Teck Resources | $47.13 | $40.31 | -14.47% | Buy |
| PLL | Piedmont Lithium | $12.25 | $9.40 | -23.27% | Buy |