Vale (VALE) Stock Forecast, Price Target & Predictions
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
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% | 29.21% |
Oct 16, 2024 | Alexander Pearce | BMO Capital | $13.00 | $10.92 | 19.05% | 46.07% |
Oct 15, 2024 | Alfonso Salazar | Scotiabank | $16.00 | $11.10 | 44.14% | 79.78% |
Oct 04, 2024 | Alexander Hacking | Citigroup | $15.00 | $11.45 | 31.00% | 68.54% |
Jul 05, 2024 | Myles Allsop | UBS | $14.50 | $11.61 | 24.89% | 62.92% |
Jul 03, 2024 | Marcio Farid | Goldman Sachs | $16.00 | $11.61 | 37.81% | 79.78% |
Jun 21, 2024 | Alan Spence | BNP Paribas | $12.70 | $11.29 | 12.49% | 42.70% |
May 07, 2024 | Myles Allsop | UBS | $15.00 | $12.59 | 19.14% | 68.54% |
Nov 21, 2023 | Marcio Farid | Goldman Sachs | $19.50 | $15.90 | 22.64% | 119.10% |
Jun 06, 2023 | Tyler Broda | RBC Capital | $15.00 | $13.74 | 9.13% | 68.54% |
Dec 09, 2022 | Morgan Stanley | $20.00 | $16.43 | 21.73% | 124.72% | |
Jul 13, 2022 | Sylvain Brunet | BNP Paribas | $16.00 | $13.55 | 18.04% | 79.78% |
Jun 14, 2022 | Christopher LaFemina | Jefferies | $24.00 | $15.85 | 51.42% | 169.66% |
Apr 25, 2022 | RBC Capital | $18.00 | $16.70 | 7.78% | 102.25% | |
Apr 19, 2022 | RBC Capital | $20.00 | $18.77 | 6.55% | 124.72% | |
Apr 09, 2022 | Liam Fitzpatrick | Deutsche Bank | $22.00 | $20.10 | 9.45% | 147.19% |
Mar 16, 2022 | Christopher LaFemina | Jefferies | $23.00 | $17.75 | 29.58% | 158.43% |
Mar 13, 2022 | Chris Terry | Deutsche Bank | $20.00 | $19.07 | 4.88% | 124.72% |
Feb 10, 2022 | Sylvain Brunet | BNP Paribas | $20.50 | $17.85 | 14.85% | 130.34% |
Feb 06, 2022 | Christopher LaFemina | Jefferies | $16.00 | $16.55 | -3.32% | 79.78% |
Jan 26, 2022 | Jonathan Brandt | HSBC | $17.25 | $15.53 | 11.08% | 93.82% |
Jan 22, 2022 | Tyler Broda | RBC Capital | $17.00 | $15.60 | 8.97% | 91.01% |
Nov 30, 2021 | Jason Fairclough | Bank of America Securities | $17.00 | $11.92 | 42.62% | 91.01% |
Nov 11, 2021 | Leonardo Correa | BTG Pactual | $22.00 | $12.19 | 80.48% | 147.19% |
Sep 09, 2021 | Caio Ribeiro | Credit Suisse | $24.00 | $15.80 | 51.90% | 169.66% |
Jul 12, 2021 | Alfonso Salazar | Scotiabank | $26.00 | $19.53 | 33.13% | 192.13% |
Apr 29, 2021 | David Gagliano | BMO Capital | $25.00 | $18.08 | 38.27% | 180.90% |
Apr 28, 2021 | Alexander Hacking | Citigroup | $22.00 | $17.99 | 22.29% | 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
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 4 | 8 |
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
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 |
Apr 16, 2024 | Barclays | Overweight | Overweight | Hold |
Apr 09, 2024 | RBC Capital | Hold | Hold | Hold |
Feb 12, 2024 | UBS | Buy | Buy | Hold |
Nov 21, 2023 | Goldman Sachs | Buy | Upgrade | |
Nov 20, 2023 | Bank of America Securities | Buy | Upgrade | |
Oct 05, 2023 | UBS | Neutral | Upgrade | |
Jul 11, 2023 | Wolfe Research | Outperform | Upgrade | |
Jun 06, 2023 | RBC Capital | Sector Perform | Outperform | Upgrade |
Dec 09, 2022 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
Nov 23, 2022 | Deutsche Bank | Hold | Buy | Upgrade |
Sep 12, 2022 | TD Securities | Buy | Upgrade | |
Jul 13, 2022 | Exane BNP Paribas | Outperform | Neutral | Downgrade |
Jun 29, 2022 | Deutsche Bank | Hold | Hold | Hold |
Jun 23, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
Jun 07, 2022 | Jefferies | Hold | Buy | Upgrade |
Mar 16, 2022 | Jefferies | Hold | Hold | Hold |
Mar 13, 2022 | Deutsche Bank | Buy | Buy | Hold |
Feb 10, 2022 | Exane BNP Paribas | Outperform | Upgrade | |
Feb 06, 2022 | Jefferies | Hold | Hold | Hold |
Jan 26, 2022 | HSBC | Hold | Hold | Hold |
Jan 22, 2022 | RBC Capital | Buy | Sector Perform | Upgrade |
Dec 04, 2020 | RBC Capital | Buy | Buy | 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 | $11.57B | $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 |
# 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 $9.59B, 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 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 | $5.01B | $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 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 | $3.63B | $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 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 | $130.90M | $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 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 | $0.85 | $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
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
LAC | Lithium Americas (Argentina) | $3.13 | $4.85 | 54.95% | Buy |
VALE | Vale | $9.19 | $14.03 | 52.67% | Buy |
RIO | Rio Tinto Group | $61.46 | $79.00 | 28.54% | Buy |
BHP | BHP Group | $51.00 | $64.00 | 25.49% | Hold |
PLL | Piedmont Lithium | $9.85 | $11.50 | 16.75% | Hold |
MP | MP Materials | $18.37 | $19.67 | 7.08% | Buy |
TECK | Teck Resources | $42.09 | $40.31 | -4.23% | Buy |