Wall Street analyst estimates for Vale S.A. (VALE): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Operating globally and within Brazil, Vale S.A. is a major producer and seller of essential raw materials, including iron ore, iron ore pellets, nickel, and copper. Its operations are organized into two primary segments. The Iron Solutions segment is dedicated to the extraction and production of iron ore, pellets, and various other ferrous products, also providing crucial logistics services.
Consensus price target
$15.50 (+36 % vs price $11.39)
between $12.50 and $19.00 · 5 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $41.0B | $40.5B – $41.5B | $1.68 | 7 |
| 2027E | $41.1B | $40.6B – $42.0B | $1.69 | 7 |
Figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 13 |
| Hold | 20 |
| Sell | 4 |
| Strong Sell | 0 |
| Total analysts | 37 |
| Avg rating (−2 sell to +2 buy) | 0.24 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-02-11 | $0.45 | ||
| 2026-10-29 | $0.29 | $0.38 | -24.6% |
| 2026-07-30 | $0.36 | $0.41 | -12.2% |
| 2026-04-28 | $0.44 | $0.47 | -6.4% |
| 2026-02-12 | $-0.90 | $0.57 | -257.9% |
| 2025-10-30 | $0.63 | $0.49 | +28.6% |
| 2025-07-31 | $0.50 | $0.34 | +47.1% |
| 2025-04-24 | $0.35 | $0.37 | -5.4% |
Valuation Ratios
| P/E Ratio | 23.73 |
| Price / Book | 1.27 |
| EV / EBITDA | 6.36 |
| Dividend Yield | 9.17% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.49B | $33.97B | $36.58B | $35.98B | $39.55B | $54.50B | $43.84B | $41.78B | $38.06B | $38.23B |
| Cost of Revenue | $17.65B | $21.04B | $22.11B | $19.02B | $17.56B | $21.73B | $24.03B | $24.09B | $24.27B | $25.09B |
| Gross Profit | $9.84B | $12.93B | $14.47B | $16.97B | $21.98B | $32.77B | $19.81B | $17.70B | $13.79B | $13.14B |
| Research & Development | $319.0M | $340.0M | $373.0M | $409.0M | $415.0M | $549.0M | $660.0M | $720.3M | $790.0M | $688.8M |
| Selling, General & Admin | $374.0M | $531.0M | $461.0M | $1.60B | $442.0M | $439.0M | $474.0M | $506.0M | $566.0M | $566.7M |
| Operating Expenses | $1.65B | $1.70B | $1.61B | $13.14B | $9.16B | $5.08B | $2.60B | $3.49B | $3.00B | $2.06B |
| Operating Income | $7.05B | $10.93B | $11.96B | $3.83B | $12.82B | $27.69B | $17.21B | $14.21B | $10.79B | $11.08B |
| EBITDA | $13.52B | $14.31B | $11.90B | $17.96B | $12.56B | $34.13B | $23.74B | $15.56B | $10.81B | $9.37B |
| Interest Expense | $2.15B | $3.28B | $1.54B | $3.64B | $2.75B | $1.94B | $1.19B | $1.34B | $1.14B | $1.56B |
| Pre-tax Income | $7.98B | $7.83B | $6.82B | -$143.1M | $6.99B | $29.54B | $19.78B | $11.15B | $6.70B | $4.78B |
| Income Tax | $2.78B | $1.50B | -$172.0M | -$624.2M | $735.0M | $4.70B | $2.97B | $3.05B | $721.0M | $2.66B |
| Net Income | $3.98B | $5.51B | $6.86B | -$1.66B | $4.88B | $22.45B | $18.79B | $7.98B | $6.17B | $2.47B |
| EPS | $0.77 | $1.05 | $1.32 | $-0.43 | $1.01 | $4.48 | $4.05 | $1.83 | $1.37 | $0.58 |
| EPS (Diluted) | $0.77 | $1.05 | $1.32 | $-0.43 | $1.01 | $4.48 | $4.05 | $1.83 | $1.37 | $0.58 |
| Shares Outstanding (Diluted) | 5,197.4 M | 5,197.4 M | 5,197.0 M | 5,127.9 M | 5,129.6 M | 5,012.4 M | 4,642.4 M | 4,370.0 M | 4,269.0 M | 4,274.8 M |
Price
| Price | $11.39 (closing price, October 30, 2026) |
| Market Cap | $48.5B |
| Exchange | NYSE |
| Country | BR |
Related companies: BHP · RIO · SCCO · FCX · TECK
Explore sector: Basic Materials · Industrial Materials
More sections of VALE: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
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