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NYSE: RIO
Rio Tinto Ltd Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for RIO

Based on 1 analyst offering 12 month price targets for Rio Tinto Ltd.
Min Forecast
$92.00+15.56%
Avg Forecast
$92.00+15.56%
Max Forecast
$92.00+15.56%

Should I buy or sell RIO stock?

Based on 3 analysts offering ratings for Rio Tinto Ltd.
Strong Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
2 analysts 66.67%

Be the first to know when Wall Street analysts revise their RIO stock forecasts and price targets.

RIO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
UBS
Bottom 38%
38
Strong SellDowngradesN/AN/A2022-12-13
Citigroup
HoldDowngradesN/AN/A2022-12-02
Berenberg
Bottom 24%
24
Strong SellDowngradesN/AN/A2022-07-07Find out why
Anonymous
Jefferies
Strong BuyUpgradesN/AN/A2022-06-07
Jefferies
Bottom 27%
27
HoldMaintains$92.00+15.56%2022-03-09

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Forecast return on equity

Is RIO forecast to generate an efficient return?
Company
33.72%
Industry
50.71%
Market
59.61%
RIO's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RIO forecast to generate an efficient return on assets?
Company
16.86%
Industry
23.96%
RIO is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RIO earnings per share forecast

What is RIO's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$7.52-42.3%
Avg 2 year Forecast
$7.37-43.46%
Avg 3 year Forecast
$10.66-18.21%
RIO's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

RIO revenue forecast

What is RIO's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$47.1B-25.88%
Avg 2 year Forecast
$45.7B-27.96%
RIO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RIO earnings growth forecast

How is RIO forecast to perform vs Other Industrial Metals & Mining companies and vs the US market?
Company
-19.71%
Industry
-21.51%
Market
27.94%
RIO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
RIO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
RIO's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

RIO revenue growth forecast

How is RIO forecast to perform vs Other Industrial Metals & Mining companies and vs the US market?
Company
-15.13%
Industry
-11.15%
Market
10.92%
RIO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RIO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RIO vs Mining Stocks

TickerPricePrice TargetUp/downsideConsensus
RIO$79.61$92.00+15.56%Strong Sell
VALE$18.66$20.81+11.54%Strong Buy
BHP$69.88$70.00+0.17%Buy
TECK$41.34$46.67+12.89%Strong Buy
MP$31.97$45.17+41.28%Strong Buy
View Top Mining Stocks

Rio Tinto Stock Forecast FAQ

Is Rio Tinto Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: RIO) stock is to Strong Sell RIO stock.

Out of 3 analysts, 0 (0%) are recommending RIO as a Strong Buy, 0 (0%) are recommending RIO as a Buy, 1 (33.33%) are recommending RIO as a Hold, 0 (0%) are recommending RIO as a Sell, and 2 (66.67%) are recommending RIO as a Strong Sell.

If you're new to stock investing, here's how to buy Rio Tinto stock.

What is RIO's earnings growth forecast for 2023-2025?

(NYSE: RIO) Rio Tinto's forecast annual earnings growth rate of -19.71% is forecast to beat the US Other Industrial Metals & Mining industry's average forecast earnings growth rate of -21.51%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 27.94%.

Rio Tinto's earnings in 2023 is $21,094,000,000.On average, 3 Wall Street analysts forecast RIO's earnings for 2023 to be $12,235,123,404, with the lowest RIO earnings forecast at $10,852,163,977, and the highest RIO earnings forecast at $13,374,031,168. On average, 2 Wall Street analysts forecast RIO's earnings for 2024 to be $11,991,071,741, with the lowest RIO earnings forecast at $8,867,210,446, and the highest RIO earnings forecast at $15,114,933,035.

In 2025, RIO is forecast to generate $17,343,938,230 in earnings, with the lowest earnings forecast at $17,343,938,230 and the highest earnings forecast at $17,343,938,230.

What is RIO's revenue growth forecast for 2023-2024?

(NYSE: RIO) Rio Tinto's forecast annual revenue growth rate of -15.13% is not forecast to beat the US Other Industrial Metals & Mining industry's average forecast revenue growth rate of -11.15%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.92%.

Rio Tinto's revenue in 2023 is $63,495,000,000.On average, 1 Wall Street analysts forecast RIO's revenue for 2023 to be $76,570,721,366,860, with the lowest RIO revenue forecast at $76,570,721,366,860, and the highest RIO revenue forecast at $76,570,721,366,860.

In 2024, RIO is forecast to generate $74,418,250,773,911 in revenue, with the lowest revenue forecast at $74,418,250,773,911 and the highest revenue forecast at $74,418,250,773,911.

What is RIO's forecast return on assets (ROA) for 2023-2025?

(NYSE: RIO) forecast ROA is 16.86%, which is lower than the forecast US Other Industrial Metals & Mining industry average of 23.96%.

What is RIO's Price Target?

According to 1 Wall Street analyst that have issued a 1 year RIO price target, the average RIO price target is $92.00, with the highest RIO stock price forecast at $92.00 and the lowest RIO stock price forecast at $92.00.

The Wall Street analyst predicted that Rio Tinto's share price could reach $92.00 by Dec 13, 2023. The average Rio Tinto stock price prediction forecasts a potential upside of 15.56% from the current RIO share price of $79.61.

What is RIO's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: RIO) Rio Tinto's current Earnings Per Share (EPS) is $13.03. On average, analysts forecast that RIO's EPS will be $7.52 for 2023, with the lowest EPS forecast at $6.67, and the highest EPS forecast at $8.22. On average, analysts forecast that RIO's EPS will be $7.37 for 2024, with the lowest EPS forecast at $5.45, and the highest EPS forecast at $9.29. In 2025, RIO's EPS is forecast to hit $10.66 (min: $10.66, max: $10.66).

What is RIO's forecast return on equity (ROE) for 2023-2025?

(NYSE: RIO) forecast ROE is 33.72%, which is considered strong.
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