GBP4.08
0.40% day before yesterday
London, Nov 01, 05:30 pm CET
ISIN
JE00B4T3BW64
Symbol
GLEN

Glencore Target price 2024 - Analyst rating & recommendation

Glencore Classifications & Recommendation:

Buy
76%
Hold
24%

Glencore Price Target

Target Price GBP5.01
Price GBP4.08
Potential
Number of Estimates 15
15 Analysts have issued a price target Glencore 2025 . The average Glencore target price is GBP5.01. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 17 analysts: 13 Analysts recommend Glencore to buy, 4 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Glencore stock has an average upside potential 2025 of . Most analysts recommend the Glencore stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Dec '23 2024
Estimates
Revenue Billion GBP 175.36 181.64
15.52% 3.58%
EBITDA Margin 7.37% 6.32%
35.43% 14.26%
Net Margin 1.94% 0.95%
69.31% 51.06%

14 Analysts have issued a sales forecast Glencore 2024 . The average Glencore sales estimate is

GBP182b
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. This is
0.47% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
GBP214b 18.51%
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, the lowest is
GBP162b 10.20%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 GBP175b 15.52%
2024
GBP182b 3.58%
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2025
GBP180b 0.82%
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2026
GBP178b 1.06%
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2027
GBP178b 0.11%
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2028
GBP181b 1.45%
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15 Analysts have issued an Glencore EBITDA forecast 2024. The average Glencore EBITDA estimate is

GBP11.5b
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. This is
2.79% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
GBP12.7b 14.03%
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, the lowest is
GBP9.7b 12.76%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 GBP12.9b 45.45%
2024
GBP11.5b 11.14%
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2025
GBP13.9b 21.44%
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2026
GBP14.2b 2.15%
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2027
GBP14.6b 2.53%
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2028
GBP14.5b 0.46%
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EBITDA Margin

2023 7.37% 35.43%
2024
6.32% 14.26%
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2025
7.74% 22.47%
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2026
7.99% 3.23%
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2027
8.21% 2.75%
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2028
8.05% 1.95%
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8 Glencore Analysts have issued a net profit forecast 2024. The average Glencore net profit estimate is

GBP1.7b
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. This is
570.74% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
GBP2.4b 754.89%
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, the lowest is
GBP1.1b 407.42%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 GBP3.4b 74.07%
2024
GBP1.7b 49.56%
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2025
GBP4.5b 161.36%
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2026
GBP4.9b 8.31%
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2027
GBP5.2b 7.90%
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Net Margin

2023 1.94% 69.31%
2024
0.95% 51.06%
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2025
2.49% 162.11%
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2026
2.73% 9.64%
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2027
2.95% 8.06%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Dec '23 2024
Estimates
Earnings Per Share GBP 0.28 0.14
74.07% 50.00%
P/E 28.87
EV/Sales 0.37

8 Analysts have issued a Glencore forecast for earnings per share. The average Glencore <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

GBP0.14
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. This is
566.67% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
GBP0.20 766.67%
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, the lowest is
GBP0.09 400.00%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 GBP0.28 74.07%
2024
GBP0.14 50.00%
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2025
GBP0.37 164.29%
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2026
GBP0.40 8.11%
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2027
GBP0.43 7.50%
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P/E ratio

Current -119.90 1,827.67%
2024
28.87 124.08%
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2025
11.04 61.76%
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2026
10.20 7.61%
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2027
9.45 7.35%
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Based on analysts' sales estimates for 2024, the Glencore stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 0.37 2.63%
2024
0.37 0.78%
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2025
0.38 0.83%
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2026
0.38 1.09%
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2027
0.38 0.11%
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2028
0.38 1.45%
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P/S ratio

Current 0.27 4.45%
2024
0.27 0.47%
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2025
0.28 0.84%
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2026
0.28 1.09%
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2027
0.28 0.11%
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2028
0.27 1.43%
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