Glencore Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Glencore stock has a consensus rating of "Strong Buy" and an average price target of $17.55. The average 1-year stock price forecast is 29.14% higher than the current stock price, while the lowest is $14.2 (+4.49%) and the highest is $21 (+54.53%).

Price Target: $17.55 (+29.14%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$14.2	$17.55	$17.5	$21
Change	+4.49%	+29.14%	+28.77%	+54.53%

* Price targets were last updated on May 1, 2026.

Analyst Ratings

The average analyst rating for Glencore stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	3	3	3	3	3	3
Buy	1	1	1	1	1	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Berenberg Bank No rating	Berenberg Bank	Buy Initiates $17	Buy	Initiates	$17	+24.36%	May 1, 2026

Financial Forecast

Revenue This Year

289.73B

from 247.54B

17.05%

from 247.54B

Revenue Next Year

275.67B

from 289.73B

-4.85%

from 289.73B

EPS This Year

0.61

from 0.20

203.40%

from 0.20

EPS Next Year

0.59

from 0.61

-2.00%

from 0.61

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	203.75B	255.98B	217.83B	230.94B	247.54B	289.73B
Revenue Growth	43.15%	25.64%	-14.91%	6.02%	7.18%	17.05%
Gross Profit	12.45B	27.52B	10.78B	6.28B	6.12B	19.29B
Gross Margin	6.11%	10.75%	4.95%	2.72%	2.47%	6.66%
Operating Income	9.80B	24.83B	7.39B	3.33B	3.35B	13.37B
Net Income	4.97B	17.32B	4.28B	-1.63B	363.00M	6.80B
EPS	-	-	-	-	0.20	0.61
EPS Growth	-	-	-	-	-33.33%	203.40%
Forward PE	-	-	-	-	-	22.40
Dividend / Share	0.26	0.44	0.13	0.10	0.17	0.20
Dividend Growth	-	69.23%	-70.45%	-23.08%	70.00%	18.01%
Free Cash Flow	6.35B	7.40B	6.33B	5.66B	5.96B	6.13B
No. Analysts	-	-	-	-	-	16

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	363.6B
Avg	289.7B
Low	238.8B

Revenue Growth

Revenue Growth	2026	2027	2028
High	46.9%
Avg	17.0%
Low	-3.5%

EPS Forecast

EPS	2026	2027	2028
High	0.82
Avg	0.61
Low	0.46

EPS Growth

EPS Growth	2026	2027	2028
High	309.1%
Avg	203.4%
Low	130.0%