Glencore (GLEN) Stock Forecast & Price Target

GBX 595.60 0.00 (0.00%)

As of 08/28/2026 12:42 PM Eastern

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Glencore - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 6 Analyst Ratings

Sell
0

Hold
1

Buy
5

Based on 6 Wall Street analysts who have issued ratings for Glencore in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 1 has given a hold rating, and 5 have given a buy rating for GLEN.

Consensus Price Target

GBX 660

According to the 6 analysts' twelve-month price targets for Glencore, the average price target is GBX 660. The highest price target for GLEN is GBX 780, while the lowest price target for GLEN is GBX 510. The average price target represents a forecasted upside of 10.81% from the current price of GBX 595.60.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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GLEN Analyst Ratings Over Time

Type	Current Forecast 9/1/25 to 9/1/26	1 Month Ago 8/2/25 to 8/2/26	3 Months Ago 6/3/25 to 6/3/26	1 Year Ago 9/1/24 to 9/1/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	GBX 660	GBX 1,773.33	GBX 556	GBX 386
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy

GLEN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

GLEN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Glencore Stock vs. The Competition

Type	Glencore	Materials Companies
Consensus Rating Score	2.83	2.57
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent GLEN News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Action	Rating	Price Target	Report Date Upside/Downside
8/12/2026	Citigroup 4 of 5 stars	Boost Target	Buy	GBX 770 ➝ GBX 780	+35.28%
8/7/2026	Berenberg Bank 2 of 5 stars	Lower Target	Buy	GBX 750 ➝ GBX 740	+32.05%
8/6/2026	Deutsche Bank Aktiengesellschaft 2 of 5 stars	Reiterated Rating	Buy	GBX 630	+9.89%
7/30/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Lower Target	Neutral	GBX 520 ➝ GBX 510	-3.65%
7/27/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Reiterated Rating	Outperform	GBX 600	+14.20%
7/6/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Reiterated Rating	Buy	GBX 700	+37.04%
2/18/2025	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Upgrade	Overweight	GBX 470	+40.21%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:03 AM ET.

Should I Buy Glencore Stock? GLEN Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 25, 2026. Please send any questions or comments about these Glencore pros and cons to contact@marketbeat.com.

Glencore
Bull Case

Here are some ways that investors could benefit from investing in Glencore plc:

Glencore plc reported approximately $3.3 billion in first-half marketing EBIT, showcasing the strength of its diversified trading operations amidst commodity-market volatility.
The company experienced a 15% increase in copper production in the first half, reinforcing its position in a market with favorable long-term demand for copper, which is crucial for electrification.
Royal Bank of Canada has reiterated its “Outperform” rating for Glencore plc, indicating strong analyst support and a positive outlook on the company’s valuation and earnings potential.
The current stock price is around GBX 547.30, which is near its 50-day moving average, suggesting stability in the stock's performance.
Glencore plc has maintained its full-year production guidance, which reduces the risk of a downgrade and reflects management's confidence in operational plans.

Glencore
Bear Case

Investors should be bearish about investing in Glencore plc for these reasons:

Trading gains linked to recent market disruptions may be difficult to replicate, potentially exposing earnings to a normalization in commodity volatility.
Production results were mixed outside of copper, which may limit the overall upside from the strong performance in that segment.
Glencore plc reduced its stake in Osisko Mining to 11.9%, which could signal a strategic shift and reduce exposure to potential mining investment upside.
The company has a high debt-to-equity ratio, indicating a significant amount of debt compared to equity, which could pose risks in times of financial strain.
Analysts have noted that the reduction in price targets by some brokers, while maintaining a buy rating, suggests limited upside potential in the near term.

GLEN Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Glencore is GBX 660, with a high forecast of GBX 780 and a low forecast of GBX 510.

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Glencore in the last twelve months. There is currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GLEN shares.

According to analysts, Glencore's stock has a predicted upside of 10.81% based on their 12-month stock forecasts.

Glencore has been rated by research analysts at Berenberg Bank, Citigroup, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group, JPMorgan Chase & Co., and Royal Bank Of Canada in the past 90 days.

Analysts like Glencore more than other "materials" companies. The consensus rating score for Glencore is 2.83 while the average consensus rating score for "materials" companies is 2.57. Learn more on how GLEN compares to other companies.

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MarketBeat monitors more than a dozen sources for Glencore analyst ratings, with the most recent rating issued on 8/12/2026.

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Glencore (GLEN) Stock Forecast & Price Target

Glencore - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

GLEN Analyst Ratings Over Time

GLEN Analyst Recommendations By Month

GLEN Price Targets by Month

Glencore Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Glencore Stock? GLEN Pros and Cons Explained

Glencore
Bull Case

Glencore
Bear Case

GLEN Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Glencore Recommendations

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Glencore (GLEN) Stock Forecast & Price Target

Glencore - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

GLEN Analyst Ratings Over Time

GLEN Analyst Recommendations By Month

GLEN Price Targets by Month

Glencore Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Glencore Stock? GLEN Pros and Cons Explained

Glencore Bull Case

Glencore Bear Case

GLEN Forecast - Frequently Asked Questions

What is Glencore's forecast for 2026?

Should I buy or sell Glencore stock right now?

Does Glencore's stock price have much upside?

What analysts cover Glencore?

Do Wall Street analysts like Glencore more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Glencore Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Glencore
Bull Case

Glencore
Bear Case