Rio Tinto Group (RIO)
NYSE: RIO · Real-Time Price · USD
59.98
+0.80 (1.35%)
At close: May 9, 2025, 4:00 PM
60.14
+0.16 (0.27%)
After-hours: May 9, 2025, 7:55 PM EDT
Rio Tinto Group Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Rio Tinto Group stock has a target of 73, which predicts an increase of 21.71% from the current stock price of 59.98.
Analyst Consensus: Buy
* Price targets were last updated on Jan 6, 2025.
Analyst Ratings
The average analyst rating for Rio Tinto Group stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $83 → $73 | Strong Buy | Maintains | $83 → $73 | +21.71% | Jan 6, 2025 |
| HSBC | HSBC | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Jul 23, 2024 |
| Berenberg | Berenberg | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jun 27, 2024 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | May 20, 2024 |
| UBS | UBS | Strong Sell → Hold Upgrades n/a | Strong Sell → Hold | Upgrades | n/a | n/a | Oct 6, 2023 |
Financial Forecast
Revenue This Year
54.30B
from 53.66B
Increased by 1.20%
Revenue Next Year
56.42B
from 54.30B
Increased by 3.90%
EPS This Year
6.52
from 7.07
Decreased by -7.74%
EPS Next Year
6.51
from 6.52
Decreased by -0.21%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 63.1B | 63.1B | 64.9B | ||
| Avg | 54.3B | 56.4B | 58.6B | ||
| Low | 47.7B | 50.8B | 51.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 17.5% | 16.2% | 15.0% | ||
| Avg | 1.2% | 3.9% | 3.8% | ||
| Low | -11.0% | -6.5% | -8.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.76 | 7.71 | 8.06 | ||
| Avg | 6.52 | 6.51 | 6.91 | ||
| Low | 5.03 | 5.40 | 5.24 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.7% | 18.1% | 23.9% | ||
| Avg | -7.7% | -0.2% | 6.2% | ||
| Low | -28.9% | -17.2% | -19.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.