GBP3.52
0.65% today
London, Dec 30, 05:36 pm CET
ISIN
JE00B4T3BW64
Symbol
GLEN

Glencore Target price 2024 - Analyst rating & recommendation

Glencore Classifications & Recommendation:

Buy
82%
Hold
18%

Glencore Price Target

Target Price GBP5.08
Price GBP3.52
Potential
Number of Estimates 15
15 Analysts have issued a price target Glencore 2025 . The average Glencore target price is GBP5.08. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 17 analysts: 14 Analysts recommend Glencore to buy, 3 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 175.36 187.49
15.52% 6.91%
EBITDA Margin 7.37% 6.30%
35.43% 14.53%
Net Margin 1.94% 0.86%
69.31% 55.70%

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

GBP187b
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. This is
3.71% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
GBP221b 22.49%
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, the lowest is
GBP169b 6.78%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 GBP175b 15.52%
2024
GBP187b 6.91%
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2025
GBP183b 2.64%
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2026
GBP184b 0.53%
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2027
GBP179b 2.59%
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2028
GBP184b 2.96%
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15 Analysts have issued an Glencore EBITDA forecast 2024. The average Glencore EBITDA estimate is

GBP11.8b
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. This is
5.67% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
GBP13.3b 18.91%
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, the lowest is
GBP10.0b 10.75%
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.

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

EBITDA Estimates

2023 GBP12.9b 45.45%
2024
GBP11.8b 8.65%
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2025
GBP14.0b 18.73%
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2026
GBP14.5b 3.39%
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2027
GBP14.4b 0.66%
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2028
GBP15.1b 4.54%
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EBITDA Margin

2023 7.37% 35.43%
2024
6.30% 14.53%
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2025
7.68% 21.90%
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2026
7.90% 2.86%
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2027
8.06% 2.03%
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2028
8.18% 1.49%
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7 Glencore Analysts have issued a net profit forecast 2024. The average Glencore net profit estimate is

GBP1.6b
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. This is
541.37% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
GBP2.6b 820.17%
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, the lowest is
GBP973m 366.73%
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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
GBP1.6b 52.71%
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2025
GBP4.1b 152.43%
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2026
GBP4.7b 15.73%
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2027
GBP4.3b 8.66%
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Net Margin

2023 1.94% 69.31%
2024
0.86% 55.70%
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2025
2.23% 159.30%
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2026
2.56% 14.80%
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2027
2.40% 6.25%
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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 0.13
74.07% 53.57%
P/E 26.78
EV/Sales 0.33

7 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

GBP0.13
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. This is
533.33% 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
GBP0.22 833.33%
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, the lowest is
GBP0.08 366.67%
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.

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

Earnings Per Share

2023 GBP0.28 74.07%
2024
GBP0.13 53.57%
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2025
GBP0.33 153.85%
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2026
GBP0.39 18.18%
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2027
GBP0.35 10.26%
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P/E ratio

Current -104.29 1,534.53%
2024
26.78 125.68%
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2025
10.61 60.38%
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2026
9.17 13.57%
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2027
10.04 9.49%
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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 0.34 12.82%
2024
0.33 3.88%
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2025
0.34 2.72%
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2026
0.33 0.54%
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2027
0.34 2.67%
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2028
0.33 2.86%
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P/S ratio

Current 0.24 20.15%
2024
0.23 3.56%
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2025
0.24 2.69%
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2026
0.24 0.51%
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2027
0.24 2.63%
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2028
0.23 2.86%
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