GBP3.79
2.82% today
London, Nov 26, 05:16 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 GBP5.10
Price GBP3.90
Potential
Number of Estimates 15
15 Analysts have issued a price target Glencore 2025 . The average Glencore target price is GBP5.10. 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 175.36 187.33
15.52% 6.83%
EBITDA Margin 7.37% 6.29%
35.43% 14.66%
Net Margin 1.94% 0.86%
69.31% 55.70%

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

GBP187b
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. This is
3.63% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
GBP221b 22.44%
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, the lowest is
GBP168b 7.22%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 GBP175b 15.52%
2024
GBP187b 6.83%
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2025
GBP185b 1.47%
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2026
GBP185b 0.03%
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2027
GBP182b 1.38%
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2028
GBP184b 1.12%
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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
5.49% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
GBP13.2b 17.82%
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, the lowest is
GBP10.1b 9.86%
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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 8.81%
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2025
GBP14.2b 20.48%
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2026
GBP14.6b 2.85%
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2027
GBP14.4b 1.62%
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2028
GBP15.0b 4.27%
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EBITDA Margin

2023 7.37% 35.43%
2024
6.29% 14.66%
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2025
7.69% 22.26%
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2026
7.91% 2.86%
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2027
7.89% 0.25%
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2028
8.14% 3.17%
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8 Glencore Analysts have issued a net profit forecast 2024. The average Glencore net profit estimate is

GBP1.6b
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. This is
543.33% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
GBP2.4b 761.73%
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, the lowest is
GBP965m 364.69%
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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 52.50%
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2025
GBP4.2b 158.50%
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2026
GBP4.6b 10.61%
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2027
GBP4.3b 7.09%
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Net Margin

2023 1.94% 69.31%
2024
0.86% 55.70%
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2025
2.26% 162.79%
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2026
2.51% 11.06%
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2027
2.36% 5.98%
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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 29.31
EV/Sales 0.35

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

GBP0.13
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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
GBP0.20 766.67%
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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
GBP0.34 161.54%
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2026
GBP0.38 11.76%
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2027
GBP0.35 7.89%
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P/E ratio

Current -114.65 1,742.55%
2024
29.31 125.56%
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2025
11.34 61.31%
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2026
10.25 9.61%
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2027
11.03 7.61%
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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 0.36 5.26%
2024
0.35 2.78%
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2025
0.36 1.49%
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2026
0.36 0.03%
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2027
0.36 1.38%
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2028
0.36 1.11%
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P/S ratio

Current 0.26 9.01%
2024
0.25 3.50%
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2025
0.26 1.50%
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2026
0.26 0.04%
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2027
0.26 1.40%
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2028
0.26 1.11%
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