Rio Tinto Group (RIO) Stock Forecast, Price Target & Predictions


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RIO Stock Forecast


Rio Tinto Group (RIO) stock forecast, based on 30 Wall Street analysts, predicts a 12-month average price target of $90.40, with a high of $100.00 and a low of $79.00. This represents a 45.36% increase from the last price of $62.19.

$55 $64 $73 $82 $91 $100 High: $100 Avg: $90.4 Low: $79 Last Closed Price: $62.19

RIO Stock Rating


Rio Tinto Group stock's rating consensus is Buy, based on 30 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 12 Buy (40.00%), 12 Hold (40.00%), 6 Sell (20.00%), and 0 Strong Sell (0.00%).

Buy
Total 30 0 6 12 12 Strong Sell Sell Hold Buy Strong Buy

RIO Price Target Upside V Benchmarks


TypeNameUpside
StockRio Tinto Group45.36%
SectorBasic Materials Stocks 12.25%

Price Target Trends


1M3M12M
# Anlaysts--1
Avg Price Target--$79.00
Last Closing Price$62.19$62.19$62.19
Upside/Downside--27.03%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jul, 25241--7
Jun, 2525---7
May, 2525---7
Apr, 2525---7
Mar, 2515---6
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 02, 2024Richard HatchBerenberg Bank$79.00$69.7813.21%27.03%
May 22, 2024John EadeArgus Research$82.00$73.4811.59%31.85%
Aug 23, 2022Hayden BairstowMacquarie$100.00$61.1063.67%60.80%
Mar 16, 2022Christopher LaFeminaJefferies$92.00$72.7226.51%47.93%
Jul 30, 2021Sam WebbCredit Suisse$99.02$75.7230.77%59.22%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jul 14, 2025Morgan StanleyOverweightOverweighthold
Jul 02, 2025BarclaysOverweightOverweighthold
Jun 02, 2025JefferiesBuyHolddowngrade
Apr 16, 2025BarclaysOverweightOverweighthold
Oct 16, 2024CFRABuyBuyhold
Oct 16, 2024MacquarieOutperformNeutraldowngrade
Oct 16, 2024BMO CapitalOutperformOutperformhold
Oct 14, 2024Cowen & Co.Buydowngrade
Sep 30, 2024RBC CapitalSector PerformSector Performhold
Sep 13, 2024MacquarieNeutralOutperformupgrade

Financial Forecast


EPS Forecast

$6 $7 $8 $9 $10 $11 $12 $13 $14 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$6.04$13.03$7.65$6.20-----
Avg Forecast$7.29$13.33$8.68$7.30$6.86$6.77$6.58$7.07$7.57
High Forecast$7.52$13.75$9.27$7.69$6.96$7.31$7.09$7.73$7.90
Low Forecast$7.07$12.92$8.33$7.09$6.73$6.08$6.06$6.54$7.18
Surprise %-17.15%-2.25%-11.87%-15.07%-----

Revenue Forecast

$40B $45B $50B $55B $60B $65B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$44.61B$63.49B$55.55B$54.04B-----
Avg Forecast$44.54B$62.27B$54.76B$53.85B$53.41B$52.61B$53.47B$57.54B$61.82B
High Forecast$45.63B$63.79B$57.65B$55.65B$55.20B$54.36B$55.25B$57.89B$63.88B
Low Forecast$43.49B$60.81B$53.07B$51.73B$51.32B$50.54B$51.37B$57.19B$59.39B
Surprise %0.16%1.96%1.44%0.36%-----

Net Income Forecast

$5B $9B $13B $17B $21B $25B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$9.77B$21.11B$12.39B$10.06B-----
Avg Forecast$11.90B$21.74B$14.15B$10.75B$11.19B$11.27B$11.46B$11.79B$12.35B
High Forecast$12.28B$22.43B$15.12B$11.09B$11.36B$11.92B$11.57B$12.62B$12.88B
Low Forecast$11.53B$21.08B$13.59B$10.40B$10.98B$9.91B$9.88B$10.67B$11.72B
Surprise %-17.89%-2.88%-12.45%-6.43%-----

RIO Forecast FAQ


Is Rio Tinto Group stock a buy?

Rio Tinto Group stock has a consensus rating of Buy, based on 30 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 12 Buy, 12 Hold, 6 Sell, and 0 Strong Sell, reflecting a consensus that Rio Tinto Group is a favorable investment for most analysts.

What is Rio Tinto Group's price target?

Rio Tinto Group's price target, set by 30 Wall Street analysts, averages $90.4 over the next 12 months. The price target range spans from $79 at the low end to $100 at the high end, suggesting a potential 45.36% change from the previous closing price of $62.19.

How does Rio Tinto Group stock forecast compare to its benchmarks?

Rio Tinto Group's stock forecast shows a 45.36% upside, outperforming the average forecast for the basic materials stocks sector (12.25%).

What is the breakdown of analyst ratings for Rio Tinto Group over the past three months?

  • July 2025: 28.57% Strong Buy, 57.14% Buy, 14.29% Hold, 0% Sell, 0% Strong Sell.
  • June 2025: 28.57% Strong Buy, 71.43% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 28.57% Strong Buy, 71.43% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is Rio Tinto Group’s EPS forecast?

Rio Tinto Group's average annual EPS forecast for its fiscal year ending in December 2024 is $6.86, marking a 10.65% increase from the reported $6.2 in 2023. Estimates for the following years are $6.77 in 2025, $6.58 in 2026, $7.07 in 2027, and $7.57 in 2028.

What is Rio Tinto Group’s revenue forecast?

Rio Tinto Group's average annual revenue forecast for its fiscal year ending in December 2024 is $53.41B, reflecting a -1.16% decrease from the reported $54.04B in 2023. The forecast for 2025 is $52.61B, followed by $53.47B for 2026, $57.54B for 2027, and $61.82B for 2028.

What is Rio Tinto Group’s net income forecast?

Rio Tinto Group's net income forecast for the fiscal year ending in December 2024 stands at $11.19B, representing an 11.27% increase from the reported $10.06B in 2023. Projections indicate $11.27B in 2025, $11.46B in 2026, $11.79B in 2027, and $12.35B in 2028.