Rio Tinto Group (RIO)
NYSE: RIO · Real-Time Price · USD
59.43
-0.77 (-1.28%)
At close: May 30, 2025, 4:00 PM
59.40
-0.03 (-0.05%)
After-hours: May 30, 2025, 7:54 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 a 22.83% increase from the current stock price of 59.43.
Price Target: $73.00 (+22.83%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 6, 2025.
Analyst Ratings
The average analyst rating for Rio Tinto Group 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $83 → $73 | Strong Buy | Maintains | $83 → $73 | +22.83% | 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
54.11B
from 53.66B
Increased by 0.84%
Revenue Next Year
56.28B
from 54.11B
Increased by 4.02%
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 | 61.2B | 63.1B | 63.3B | ||
| Avg | 54.1B | 56.3B | 58.6B | ||
| Low | 47.7B | 50.8B | 51.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 14.1% | 16.7% | 12.5% | ||
| Avg | 0.8% | 4.0% | 4.2% | ||
| Low | -11.0% | -6.2% | -7.9% |
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.