Rio Tinto (RIO) Stock Forecast & Price Target

Q: What analysts cover Rio Tinto?

Rio Tinto has been rated by research analysts at Argus , Bank of America , Citigroup , Deutsche Bank Aktiengesellschaft , DZ Bank , Morgan Stanley , Royal Bank Of Canada , Sanford C. Bernstein , and Weiss Ratings in the past 90 days.

$88.97 -2.28 (-2.50%)

Closing price 03:59 PM Eastern

Extended Trading

$88.70 -0.27 (-0.31%)

As of 06:52 PM Eastern

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Rio Tinto - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold

Based on 14 Analyst Ratings

Sell
2

Hold
7

Buy
5

Based on 14 Wall Street analysts who have issued ratings for Rio Tinto in the last 12 months, the stock has a consensus rating of "Hold." Out of the 14 analysts, 2 have given a sell rating, 7 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for RIO.

Consensus Price Target

$101.75
14.36% Upside

According to the 14 analysts' twelve-month price targets for Rio Tinto, the average price target is $101.75. The highest price target for RIO is $120.00, while the lowest price target for RIO is $83.50. The average price target represents a forecasted upside of 14.36% from the current price of $88.97.

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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RIO Analyst Ratings Over Time

Type	Current Forecast 7/8/25 to 7/8/26	1 Month Ago 6/8/25 to 6/8/26	3 Months Ago 4/9/25 to 4/9/26	1 Year Ago 7/8/24 to 7/8/25
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	3 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	2 Buy rating(s)
Hold	7 Hold rating(s)	9 Hold rating(s)	11 Hold rating(s)	5 Hold rating(s)
Sell	2 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$101.75	$101.75	$81.00	$73.00
Forecasted Upside	14.36% Upside	0.75% Upside	-16.68% Downside	24.30% Upside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

RIO 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.

RIO 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.

Rio Tinto Stock vs. The Competition

Type	Rio Tinto	Basic Materials Companies	Broader Market
Consensus Rating Score	2.29	2.59	2.52
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	14.36% Upside	160.69% Upside	14.88% Upside
News Sentiment Rating	Neutral News See Recent RIO News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
6/3/2026	Royal Bank Of Canada 3 of 5 stars		Downgrade	Sector Perform ➝ Underperform
5/29/2026	DZ Bank 4 of 5 stars		Upgrade	Hold ➝ Strong-Buy
5/26/2026	Citigroup 4 of 5 stars		Reiterated Rating	Neutral
5/22/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Neutral
5/20/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy (B-)
5/15/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Hold
4/27/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$120.00	+20.49%
4/27/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Bob Brackett Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$82.00 ➝ $83.50	-16.21%
4/7/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Strong-Buy ➝ Hold
3/9/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Dominic O'Kane Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Overweight ➝ Neutral
Get the Latest News and Ratings for RIO and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Rio Tinto and its competitors with MarketBeat's FREE daily newsletter.
2/24/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Amos Fletcher Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight
1/28/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight
1/26/2026	HSBC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold
1/23/2026	Erste Group Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy
7/3/2025	Berenberg Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Richard Hatch Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold
6/3/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Chris LaFemina Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold
2/28/2025	Clarkson Capital Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	R. Department Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Strong-Buy
10/16/2024	Macquarie Infrastructure Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 07:16 PM ET.

Should I Buy Rio Tinto Stock? RIO 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 Sunday, July 5, 2026. Please send any questions or comments about these Rio Tinto pros and cons to contact@marketbeat.com.

Rio Tinto
Bull Case

Here are some ways that investors could benefit from investing in Rio Tinto Group:

The current stock price is around $101.75, which reflects a consensus rating of "Hold" from analysts, indicating a stable investment opportunity.
Recent positive developments in the Simandou project suggest potential long-term growth, as this massive iron ore development is progressing, which could enhance future revenue streams.
Rio Tinto Group has increased its annual community investment in Canada by 30%, reinforcing its social license to operate and improving relationships with local communities, which can lead to smoother operations and reduced regulatory risks.
Support for copper prices due to supply-demand tightness and tariff speculation is beneficial for diversified miners like Rio Tinto Group, potentially leading to increased profitability in their copper segment.
Analysts have issued a strong buy rating from one analyst and a buy rating from four others, indicating positive sentiment and confidence in the company's future performance.

Rio Tinto
Bear Case

Investors should be bearish about investing in Rio Tinto Group for these reasons:

Several analysts have downgraded their ratings, with Royal Bank of Canada moving from "sector perform" to "underperform," indicating concerns about the company's near-term performance.
Goldman Sachs has maintained a hold rating, suggesting a cautious outlook despite some recent positive developments, which may indicate potential volatility in the stock.
The legal uncertainty surrounding the compulsory acquisition of Energy Resources of Australia has been cleared, but the direct financial impact appears limited, which may not significantly enhance shareholder value.
Market conditions can be unpredictable, and while copper prices are currently supported, any shifts in global demand or supply could adversely affect Rio Tinto Group's profitability.
With one sell rating among the analysts, there are concerns that some investors may not see the stock as a viable long-term investment, which could lead to downward pressure on the stock price.

RIO Forecast - Frequently Asked Questions

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Rio Tinto is $101.75, with a high forecast of $120.00 and a low forecast of $83.50.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rio Tinto in the last twelve months. There are currently 2 sell ratings, 7 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" RIO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RIO, but not buy additional shares or sell existing shares.

According to analysts, Rio Tinto's stock has a predicted upside of 14.36% based on their 12-month stock forecasts.

Over the previous 90 days, Rio Tinto's stock had 3 downgrades and 1 upgrade by analysts.

Rio Tinto has been rated by research analysts at Argus, Bank of America, Citigroup, Deutsche Bank Aktiengesellschaft, DZ Bank, Morgan Stanley, Royal Bank Of Canada, Sanford C. Bernstein, and Weiss Ratings in the past 90 days.

Analysts like Rio Tinto less than other "basic materials" companies. The consensus rating for Rio Tinto is Hold while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how RIO compares to other companies.

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This page (NYSE:RIO) was last updated on 7/8/2026 by MarketBeat.com Staff.

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Rio Tinto (RIO) Stock Forecast & Price Target