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 , Royal Bank Of Canada , Sanford C. Bernstein , Weiss Ratings , and Zacks Research in the past 90 days.

$94.44 +0.02 (+0.02%)

Closing price 07/2/2026 03:59 PM Eastern

Extended Trading

$94.55 +0.11 (+0.11%)

As of 07/2/2026 07:57 PM Eastern

Compare

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

Consensus Rating

Hold

Based on 14 Analyst Ratings

Sell
1

Hold
8

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, 1 has given a sell rating, 8 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
7.74% 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 7.74% from the current price of $94.44.

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.

Get the Latest News and Ratings for RIO and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Rio Tinto and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

RIO Analyst Ratings Over Time

Type	Current Forecast 7/3/25 to 7/3/26	1 Month Ago 6/3/25 to 6/3/26	3 Months Ago 4/4/25 to 4/4/26	1 Year Ago 7/3/24 to 7/3/25
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 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	8 Hold rating(s)	11 Hold rating(s)	10 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$101.75	$101.75	$81.00	$73.00
Forecasted Upside	7.74% Upside	-5.73% Downside	-14.24% Downside	23.85% 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	2.36	2.59	2.52
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	7.74% Upside	153.07% Upside	13.31% Upside
News Sentiment Rating	Positive 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 5 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 Friday at 10:52 AM 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 Monday, June 29, 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 $107.94, which reflects a strong market position and potential for growth.
Rio Tinto Group has received a "strong-buy" rating from one analyst, indicating confidence in its future performance.
The company has a diverse portfolio of commodities, including iron ore and aluminum, which are essential for various industries, ensuring steady demand.
Recent upgrades in ratings from DZ Bank suggest positive sentiment and potential upward momentum in stock performance.
With a debt-to-equity ratio of 0.33, Rio Tinto Group maintains a healthy balance sheet, indicating lower financial risk and greater stability for investors.

Rio Tinto
Bear Case

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

Recent downgrades from several banks, including Royal Bank of Canada, indicate concerns about the company's valuation and future performance.
Legal challenges, such as the Madagascar rare earths lawsuit, introduce uncertainty and potential financial liabilities that could impact profitability.
Despite a strong market position, the stock has experienced fluctuations, with a twelve-month low of $55.64, suggesting volatility that may deter risk-averse investors.
Market analysts have assigned a consensus rating of "Hold," indicating that many believe the stock may not outperform the market in the near term.
Recent cuts in ratings from firms like Bank of America reflect a cautious outlook, which could signal potential challenges ahead for the company.

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 is currently 1 sell rating, 8 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 7.74% 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, Royal Bank Of Canada, Sanford C. Bernstein, Weiss Ratings, and Zacks Research 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.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Rio Tinto Recommendations

This page (NYSE:RIO) was last updated on 7/3/2026 by MarketBeat.com Staff.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Rio Tinto (RIO) Stock Forecast & Price Target