Glencore (GLEN) Stock Forecast & Price Target

GBX 599.76 -10.24 (-1.68%)

As of 06/5/2026 12:51 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 5 Analyst Ratings

Sell
0

Hold
1

Buy
4

Based on 5 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 5 analysts, 1 has given a hold rating, and 4 have given a buy rating for GLEN.

Consensus Price Target

GBX 1,962

According to the 5 analysts' twelve-month price targets for Glencore, the average price target is GBX 1,962. The highest price target for GLEN is GBX 7,700, while the lowest price target for GLEN is GBX 380. The average price target represents a forecasted upside of 227.13% from the current price of GBX 599.76.

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 6/6/25 to 6/6/26	1 Month Ago 5/7/25 to 5/7/26	3 Months Ago 3/8/25 to 3/8/26	1 Year Ago 6/6/24 to 6/6/25
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 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 1,962	GBX 534	GBX 470	GBX 454
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	Basic Materials Companies
Consensus Rating Score	2.80	2.58
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
6/4/2026	Citigroup 4 of 5 stars	Boost Target	Buy	GBX 6,700 ➝ GBX 7,700	+1,164.93%
5/26/2026	JPMorgan Chase & Co. 3 of 5 stars	Boost Target	Neutral	GBX 500 ➝ GBX 560	-3.99%
5/1/2026	Berenberg Bank 1 of 5 stars	Reiterated Rating	Buy	GBX 630 ➝ GBX 630	+12.32%
2/4/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Outperform	GBX 530 ➝ GBX 540	+2.10%
8/12/2025	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Lower Target	Buy	GBX 400 ➝ GBX 380	+30.54%
2/18/2025	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Upgrade	Overweight	GBX 470	+40.21%
6/26/2024	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Reiterated Rating	Buy	GBX 500	+9.35%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:45 PM 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 Thursday, June 4, 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 has returned over $27 billion to shareholders since 2021 through share appreciation, buybacks, and dividends, indicating strong financial performance and commitment to returning value to investors.
The company is actively working towards decarbonisation, targeting a 50% reduction in industrial emissions by 2035, which aligns with global sustainability trends and could enhance its market position.
With a strong operational focus on safety and achieving "zero harm," Glencore plc is improving its safety performance, which can lead to reduced liabilities and enhanced reputation.
The current stock price is around $720, reflecting investor confidence and market stability, which can be attractive for potential investors looking for solid investment opportunities.
Glencore plc's diversified portfolio of over 60 commodities positions it well to meet the growing demand in various sectors, including automotive and energy, providing a buffer against market volatility.

Glencore
Bear Case

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

Concerns have been raised regarding labor practices and community engagement, particularly in regions like Colombia, which could lead to reputational risks and operational disruptions.
There are ongoing questions about the safety and transparency of tailings dams, which could pose environmental and legal challenges, impacting investor confidence.
Market fluctuations in commodity prices can significantly affect Glencore plc's revenue, making it susceptible to economic downturns and changes in demand.
Potential regulatory changes related to environmental policies could impose additional costs on operations, affecting profitability and investment returns.
With the expected closure of the Cerrejón mine in 2034, there may be uncertainties regarding future revenue streams and the impact on local economies and employment.

GLEN Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Glencore is GBX 1,962, with a high forecast of GBX 7,700 and a low forecast of GBX 380.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glencore in the last year. There is currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GLEN shares.

According to analysts, Glencore's stock has a predicted upside of 227.13% based on their 12-month stock forecasts.

Glencore has been rated by research analysts at Berenberg Bank, Citigroup, and JPMorgan Chase & Co. in the past 90 days.

Analysts like Glencore more than other "basic materials" companies. The consensus rating score for Glencore is 2.80 while the average consensus rating score for "basic materials" companies is 2.59. Learn more on how GLEN compares to other companies.

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This page (LON:GLEN) was last updated on 6/6/2026 by MarketBeat.com Staff.

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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

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

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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