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Rio Tinto Limited (AU:RIO)
ASX:RIO
Australian Market

Rio Tinto Limited (RIO) Share Forecast & Price Target

422 Followers
See the Price Targets and Ratings of:

RIO Analyst Ratings

Moderate Buy
11Ratings
Moderate Buy
4 Buy
7 Hold
0 Sell
Based on 11 analysts giving stock ratings to
Rio
Tinto Limited
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

RIO Stock 12 Month Forecast

Average Price Target

AU$154.30
▼(-11.14% Downside)
Based on 11 Wall Street analysts offering 12 month price targets for Rio Tinto Limited in the last 3 months. The average price target is AU$154.30 with a high forecast of AU$171.00 and a low forecast of AU$132.00. The average price target represents a -11.14% change from the last price of AU$173.64.
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Highest Price TargetAU$171.00Average Price TargetAU$154.30Lowest Price TargetAU$132.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Ord Minnett Analyst forecast on AU:RIO
Unknown Analyst
Ord Minnett
Not Ranked
Ord Minnett
AU$172AU$171
Buy
-1.52%
Downside
Reiterated
04/07/26
Ord Minnett Keeps Their Buy Rating on Rio Tinto Limited (RTNTF)
J.P. Morgan Analyst forecast on AU:RIO
J.P. Morgan
J.P. Morgan
AU$171
Buy
-1.52%
Downside
Reiterated
04/03/26
New Buy Rating for Rio Tinto Limited (RTNTF), the Basic Materials Giant
Morgan Stanley Analyst forecast on AU:RIO
Morgan Stanley
Morgan Stanley
AU$146
Hold
-15.92%
Downside
Reiterated
03/30/26
Morgan Stanley Reaffirms Their Hold Rating on Rio Tinto Limited (RTNTF)
Macquarie Analyst forecast on AU:RIO
Macquarie
Macquarie
AU$168
Buy
-3.25%
Downside
Upgraded
03/29/26
Rio Tinto Limited (RTNTF) was upgraded to a Buy Rating at Macquarie
UBS
AU$160
Hold
-7.86%
Downside
Reiterated
03/29/26
Rio Tinto Limited (RTNTF) Receives a Hold from UBS
Morgans
AU$146AU$147
Hold
-15.34%
Downside
Upgraded
03/12/26
Rio Tinto Limited (RTNTF) was upgraded to a Hold Rating at Morgans
RBC Capital Analyst forecast on AU:RIO
RBC Capital
RBC Capital
AU$137AU$143
Hold
-17.65%
Downside
Reiterated
03/12/26
RBC Capital Sticks to Their Hold Rating for Rio Tinto Limited (RTNTF)
Bernstein Analyst forecast on AU:RIO
Unknown Analyst
Bernstein
Not Ranked
Bernstein
AU$144AU$132
Buy
-23.98%
Downside
Reiterated
03/09/26
Bernstein Keeps Their Buy Rating on Rio Tinto Limited (RTNTF)
Citi
AU$162AU$140
Hold
-19.37%
Downside
Reiterated
02/25/26
Rio Tinto Limited (RTNTF) Receives a Hold from Citi
Goldman Sachs Analyst forecast on AU:RIO
Goldman Sachs
Goldman Sachs
AU$160AU$165
Hold
-4.98%
Downside
Downgraded
02/22/26
Analysts Offer Insights on Materials Companies: Ivanhoe Electric Inc. (NYSE MKT: IE) and Rio Tinto Limited (Other OTC: RTNTF)
Jefferies
Hold
Reiterated
02/16/26
Analysts Conflicted on These Materials Names: FMC (NYSE: FMC), Rio Tinto Limited (Other OTC: RTNTF) and Evolution Mining (Other OTC: CAHPF)
CLSA
AU$126AU$125
Buy
-28.01%
Downside
Reiterated
07/31/25
CLSA Sticks to Its Buy Rating for Rio Tinto Limited (RTNTF)
Bank of America Securities Analyst forecast on AU:RIO
Bank of America Securities
Bank of America Securities
AU$139AU$131.39
Buy
-24.33%
Downside
Reiterated
06/20/25
Bank of America Securities Sticks to Its Buy Rating for Rio Tinto Limited (RTNTF)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Ord Minnett Analyst forecast on AU:RIO
Unknown Analyst
Ord Minnett
Not Ranked
Ord Minnett
AU$172AU$171
Buy
-1.52%
Downside
Reiterated
04/07/26
Ord Minnett Keeps Their Buy Rating on Rio Tinto Limited (RTNTF)
J.P. Morgan Analyst forecast on AU:RIO
J.P. Morgan
J.P. Morgan
AU$171
Buy
-1.52%
Downside
Reiterated
04/03/26
New Buy Rating for Rio Tinto Limited (RTNTF), the Basic Materials Giant
Morgan Stanley Analyst forecast on AU:RIO
Morgan Stanley
Morgan Stanley
AU$146
Hold
-15.92%
Downside
Reiterated
03/30/26
Morgan Stanley Reaffirms Their Hold Rating on Rio Tinto Limited (RTNTF)
Macquarie Analyst forecast on AU:RIO
Macquarie
Macquarie
AU$168
Buy
-3.25%
Downside
Upgraded
03/29/26
Rio Tinto Limited (RTNTF) was upgraded to a Buy Rating at Macquarie
UBS
AU$160
Hold
-7.86%
Downside
Reiterated
03/29/26
Rio Tinto Limited (RTNTF) Receives a Hold from UBS
Morgans
AU$146AU$147
Hold
-15.34%
Downside
Upgraded
03/12/26
Rio Tinto Limited (RTNTF) was upgraded to a Hold Rating at Morgans
RBC Capital Analyst forecast on AU:RIO
RBC Capital
RBC Capital
AU$137AU$143
Hold
-17.65%
Downside
Reiterated
03/12/26
RBC Capital Sticks to Their Hold Rating for Rio Tinto Limited (RTNTF)
Bernstein Analyst forecast on AU:RIO
Unknown Analyst
Bernstein
Not Ranked
Bernstein
AU$144AU$132
Buy
-23.98%
Downside
Reiterated
03/09/26
Bernstein Keeps Their Buy Rating on Rio Tinto Limited (RTNTF)
Citi
AU$162AU$140
Hold
-19.37%
Downside
Reiterated
02/25/26
Rio Tinto Limited (RTNTF) Receives a Hold from Citi
Goldman Sachs Analyst forecast on AU:RIO
Goldman Sachs
Goldman Sachs
AU$160AU$165
Hold
-4.98%
Downside
Downgraded
02/22/26
Analysts Offer Insights on Materials Companies: Ivanhoe Electric Inc. (NYSE MKT: IE) and Rio Tinto Limited (Other OTC: RTNTF)
Jefferies
Hold
Reiterated
02/16/26
Analysts Conflicted on These Materials Names: FMC (NYSE: FMC), Rio Tinto Limited (Other OTC: RTNTF) and Evolution Mining (Other OTC: CAHPF)
CLSA
AU$126AU$125
Buy
-28.01%
Downside
Reiterated
07/31/25
CLSA Sticks to Its Buy Rating for Rio Tinto Limited (RTNTF)
Bank of America Securities Analyst forecast on AU:RIO
Bank of America Securities
Bank of America Securities
AU$139AU$131.39
Buy
-24.33%
Downside
Reiterated
06/20/25
Bank of America Securities Sticks to Its Buy Rating for Rio Tinto Limited (RTNTF)
Stocks with the Highest Top Analyst Consensus in the Basic Materials Sector
Find stocks in the Basic Materials sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Rio Tinto Limited

3 Months
xxx
Success Rate
17/25 ratings generated profit
68%
Average Return
+5.28%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 68.00% of your transactions generating a profit, with an average return of +5.28% per trade.
1 Year
Lyndon FaganJ.P. Morgan
Success Rate
17/25 ratings generated profit
68%
Average Return
+17.71%
Copying Lyndon Fagan's trades and holding each position for 1 Year would result in 68.00% of your transactions generating a profit, with an average return of +17.71% per trade.
2 Years
xxx
Success Rate
23/25 ratings generated profit
92%
Average Return
+31.78%
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 92.00% of your transactions generating a profit, with an average return of +31.78% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

RIO Analyst Recommendation Trends

Rating
Dec 25
Jan 26
Feb 26
Mar 26
Apr 26
Strong Buy
0
0
0
0
0
Buy
9
7
8
8
7
Hold
31
27
30
28
18
Sell
1
1
3
3
2
Strong Sell
0
0
0
0
0
total
41
35
41
39
27
In the current month, RIO has received 7 Buy Ratings, 18 Hold Ratings, and 2 Sell Ratings. RIO average Analyst price target in the past 3 months is 154.30.
Each month's total comprises the sum of three months' worth of ratings.

RIO Financial Forecast

RIO Earnings Forecast

Next quarter’s earnings estimate for RIO is AU$5.67 with a range of AU$5.21 to AU$6.12. The previous quarter’s EPS was AU$5.28. RIO beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 43.91% of the time in the same period. In the last calendar year RIO has Performed in-line its overall industry.
Next quarter’s earnings estimate for RIO is AU$5.67 with a range of AU$5.21 to AU$6.12. The previous quarter’s EPS was AU$5.28. RIO beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 43.91% of the time in the same period. In the last calendar year RIO has Performed in-line its overall industry.

RIO Sales Forecast

Next quarter’s sales forecast for RIO is AU$43.39B with a range of AU$41.19B to AU$45.59B. The previous quarter’s sales results were AU$46.95B. RIO beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 46.88% of the time in the same period. In the last calendar year RIO has Performed in-line its overall industry.
Next quarter’s sales forecast for RIO is AU$43.39B with a range of AU$41.19B to AU$45.59B. The previous quarter’s sales results were AU$46.95B. RIO beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 46.88% of the time in the same period. In the last calendar year RIO has Performed in-line its overall industry.

RIO Stock Forecast FAQ

What is AU:RIO’s average 12-month price target, according to analysts?
Based on analyst ratings, Rio Tinto Limited’s 12-month average price target is 154.30.
    What is AU:RIO’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for AU:RIO, based on the analysts’ average price target.
    Can I see which stocks the top-ranking analysts are rating?
    Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
      How can I follow the stock ratings of top Wall Street analysts?
      Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
        Is Rio Tinto Limited a Buy, Sell or Hold?
        Rio Tinto Limited has a consensus rating of Moderate Buy, which is based on 4 buy ratings, 7 hold ratings and 0 sell ratings.
          What is Rio Tinto Limited’s share price target?
          The average share price target for Rio Tinto Limited is 154.30. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst share price target is AU$171.00 ,and the lowest forecast is AU$132.00. The average share price target represents -11.14% Decrease from the current price of AU$173.64.
            What do analysts say about Rio Tinto Limited?
            Rio Tinto Limited’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 11 Wall Streets Analysts.
              How can I buy shares of Rio Tinto Limited?
              To buy shares of AU:RIO, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.