Vale S.A. (VALE)
NYSE: VALE · IEX Real-Time Price · USD
11.14
-0.06 (-0.54%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Vale S.A. Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Vale S.A. stock have an average target of 16.59, with a low estimate of 13 and a high estimate of 20. The average target predicts an increase of 48.92% from the current stock price of 11.14.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Vale S.A. stock from 12 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 2 | 2 |
| Buy | 5 | 6 | 6 | 6 | 6 | 6 |
| Hold | 3 | 3 | 3 | 4 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $18 → $16 | Buy | Maintains | $18 → $16 | +39.14% | Jun 21, 2024 |
| UBS | UBS | Hold → Strong Buy Upgrades $13 → $15 | Hold → Strong Buy | Upgrades | $13 → $15 | +34.65% | May 7, 2024 |
| Barclays | Barclays | Buy Maintains $16 → $17 | Buy | Maintains | $16 → $17 | +52.60% | Apr 16, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $21 → $20 | Buy | Maintains | $21 → $20 | +79.53% | Apr 12, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $20 → $13 | Strong Buy → Hold | Downgrades | $20 → $13 | +16.70% | Apr 9, 2024 |
Financial Forecast
Revenue This Year
41.89B
from 41.78B
Increased by 0.25%
Revenue Next Year
42.00B
from 41.89B
Increased by 0.27%
EPS This Year
2.24
from 1.83
Increased by 22.63%
EPS Next Year
2.21
from 2.24
Decreased by -1.49%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 44.5B | 46.5B | 47.6B | 44.6B |
| Avg | 41.9B | 42.0B | 42.6B | 42.8B |
| Low | 36.6B | 36.2B | 33.7B | 39.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.4% | 10.9% | 13.3% | 4.6% |
| Avg | 0.3% | 0.3% | 1.5% | 0.4% |
| Low | -12.4% | -13.5% | -19.7% | -6.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.86 | 2.81 | 3.13 |
| Avg | 2.24 | 2.21 | 2.25 |
| Low | 1.83 | 1.50 | 1.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 56.1% | 25.4% | 41.5% |
| Avg | 22.6% | -1.5% | 1.9% |
| Low | 0.1% | -33.2% | -21.5% |
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.