Rio Tinto Group (RIO)

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 19.61% from the current stock price of 61.03.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$73	$73	$73	$73
Change	+19.61%	+19.61%	+19.61%	+19.61%

* 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	2	2	2
Buy	0	0	0	0	0	0
Hold	3	3	3	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
Chris LaFemina Jefferies	Jefferies	Strong Buy Maintains $83 → $73	Strong Buy	Maintains	$83 → $73	+19.61%	Jan 6, 2025
Shilan Modi HSBC	HSBC	Hold → Strong Buy Upgrades n/a	Hold → Strong Buy	Upgrades	n/a	n/a	Jul 23, 2024
Richard Hatch Berenberg	Berenberg	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	Jun 27, 2024
Ephrem Ravi Citigroup	Citigroup	Strong Buy → Hold Downgrades n/a	Strong Buy → Hold	Downgrades	n/a	n/a	May 20, 2024
Myles Allsop UBS	UBS	Strong Sell → Hold Upgrades n/a	Strong Sell → Hold	Upgrades	n/a	n/a	Oct 6, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

54.51B

Increased by 1.59%

from 53.66B

Revenue Next Year

55.32B

Increased by 1.48%

from 54.51B

EPS This Year

6.88

Decreased by -2.76%

from 7.07

EPS Next Year

6.85

Decreased by -0.38%

from 6.88

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	44.61B	63.50B	55.55B	54.04B	53.66B	54.51B	55.32B	58.63B
Revenue Growth	3.35%	42.33%	-12.51%	-2.72%	-0.71%	1.59%	1.48%	5.98%
EPS	6.00	12.96	7.60	6.17	7.07	6.88	6.85	6.96
EPS Growth	22.96%	116.12%	-41.34%	-18.92%	14.71%	-2.76%	-0.38%	1.53%
Forward PE	-	-	-	-	-	8.87	8.91	8.77
No. Analysts	-	-	-	-	-	24	22	6

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	54.5B	55.3B	58.6B
Low	45.5B	39.9B	50.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	17.5%	15.8%	17.2%
Avg	1.6%	1.5%	6.0%
Low	-15.2%	-26.7%	-8.3%

EPS Forecast

EPS	2025	2026	2027
High	8.04	9.31	7.46
Avg	6.88	6.85	6.96
Low	5.33	3.48	6.14

EPS Growth

EPS Growth	2025	2026	2027
High	13.7%	35.4%	8.8%
Avg	-2.8%	-0.4%	1.5%
Low	-24.6%	-49.4%	-10.3%

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.