Forecast: (RIO) for today October 27 & Weekly Forecast from 22 October to 28 October
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Forecast: (RIO) for today October 27 & Weekly Forecast from 22 October to 28 October

Updated: October 27, 2023


Brief information about Rio Tinto Group

Ticker: RIO

Sector: Basic materials

Closing price of the last trading day: $63.09

Last trading day: 10/26/2023

Analyst forecast price: $78.67

52-week high/low: $89.72 / $59.58

Shares of Rio Tinto Group are traded on the stock exchange under the ticker RIO, marking their space in the competitive "Basic materials" sector. For stakeholders, tracking the dynamic price movement of RIO is crucial for making informed investment decisions. In a market influenced by myriad factors, predicting the trajectory of these shares becomes both a challenge and a necessity. Predictive analytics and data-driven insights play a pivotal role in forecasting the performance of RIO. The investors seeking up-to-date and accurate forecasts for Rio Tinto Group shares can turn to resources like Allforecast.com. The website stands out as a reliable tool offering real-time predictions, ensuring that investors are equipped with current and anticipated stock trends. On Allforecast.com, users gain access to a comprehensive analysis and predictions specifically tailored for RIO, spanning varied timeframes - from the next day's anticipations to weekly, monthly, and yearly forecasts. The platform’s real-time updating mechanism ensures that the forecasted data aligns with the ongoing market trends and economic shifts, offering users actionable insights to optimize their investment strategies. The forecasts integrate a mix of qualitative and quantitative analyses, sector-specific trends within "Basic materials", and broader market dynamics to present a holistic view of RIO's expected performance. By leveraging such precise and timely data, investors can strategize their moves, balancing risks and opportunities associated with Rio Tinto Group's stocks. Navigating through the unpredictable terrains of the stock market requires actionable insights and timely data. Allforecast.com serves as a companion for investors eyeing RIO, offering them a blend of accuracy and timeliness in predicting stock movements, aiding in informed and strategic investment choices.

Main Headquarters: Situated at NONE, this location serves as the primary hub for all corporate activities.

Rio Tinto's Current Market Value: As of our last update, it's pegged at $125 716 349 000, indicating its standing in the financial landscape.

Shares Overview: Currently, 1 619 430 000 shares of Rio Tinto are actively traded and held by the public.

Last year's EBITDA (Earnings Before Interest, Taxes, and Depreciation) for Rio Tinto stood at 31 981 001 000$. This figure provides insights into the company's operational profitability. With this positive EBITDA, Rio Tinto showcases a favorable financial health.

The PE ratio according to the latest reporting is at around 6.74. P/E shows the investor how many years his investment in this business pays off. That is, investments in Rio Tinto shares will pay off in about 7 years. This is not a very long term in terms of investment. Basically, you can invest in this company.

In addition to fundamental factors, stocks are influenced by many other factors. For example, it is worth monitoring all global forecasts for Rio Tinto shares. Our service will help you with this, in which we collect all forecasts and build one consensus forecast from them.



Rio Tinto stock forecast

When considering an investment in Rio Tinto, prospective investors often seek insights on its long-term performance. Our platform consolidates the expert analyses and projections from renowned global analysts to offer a unified consensus forecast for 2023, 2024, 2025, 2026, and 2027.

With these forecasts at your disposal, you can address critical questions like:

What will be the price of one share of Rio Tinto in the subsequent years including 2023, 2024, 2025, 2026, and 2027?

What consensus have the analysts reached regarding the future performance of Rio Tinto stock?

Is Rio Tinto stock a viable option for both short-term and long-term investment?

Is it prudent to sell or hold Rio Tinto shares in 2023?

Is 2023 the opportune moment to buy Rio Tinto stock, or is patience a more viable strategy?

What are the anticipated entry and exit points for investing in Rio Tinto stock, according to expert forecasts?

It’s pivotal to remember that these forecasts are to be utilized as informational resources and not definitive investment advice. The final investment decision rests solely upon the investor, contingent on their risk tolerance, investment goals, and thorough analysis of Rio Tinto.

Insight into Our Forecasting Process

Our forecasting methodology encompasses the aggregation of public and expert data on Rio Tinto, coupled with a sophisticated algorithm that calculates a weighted average forecast while eliminating outliers. This ensures that our audience receives a refined and realistic projection of Rio Tinto stock’s future performance.

Rio Tinto Daily Share Price Forecast for One Month

Our team has meticulously gathered and analyzed forecasts from a diverse pool of analysts to present a consolidated average daily forecast for Rio Tinto shares over the upcoming month. It’s essential to bear in mind that short-term predictions can often be subject to significant volatility, influenced by a myriad of dynamic, real-time market factors.

As you scroll, you’ll discover a detailed graph illustrating the consensus forecast for Rio Tinto stocks over the next 30 days. The gray spectrum of the chart delineates the historical trajectory of the stock’s price, while the turquoise spectrum provides a visual representation of the anticipated price, inclusive of potential fluctuation ranges, offering insights into prospective market trends and stock behaviors.

In the dynamic world of stock trading, analysts and investors closely observe the projected highs and lows of Rio Tinto shares. Our integrated forecast predicts a peak price of $65.11 in the forthcoming 30 days, indicating the zenith of the stock's potential performance. An encouraging revelation, denoting an upside potential of 3.2% from the current standing.

On the flip side, the stock might plummet to a minimum of $60.57 within the same period. A decline of 4.17% signals caution, nudging investors towards a more conservative stance.

Consequently, a fluctuation corridor emerges, with the stock’s resistance at $65.11 and support at $60.57, indicating the oscillating nature of Rio Tinto’s stock over the one-month spectrum. These oscillations, while providing trading opportunities, should be navigated with adept knowledge and strategic foresight.

So, what’s the trajectory of Rio Tinto amidst these projections? The nuances of stock trading and investment are encapsulated in the constant ebb and flow of the market, influenced by intrinsic and extrinsic factors. Hence, a comprehensive, nuanced understanding of market dynamics, coupled with real-time analytics, emerges as the cornerstone for maximizing ROI and mitigating risks.

The evolution of Rio Tinto’s stock is akin to a narrative unfolding, shaped by myriad factors including market trends, economic indicators, and investor sentiment. Each fluctuation is a chapter of this narrative, offering insights, challenges, and opportunities to the discerning investor.

Evaluating the resilience of the support level is crucial in gauging the future trajectory of Rio Tinto shares. The anticipation is that the price will hover near the support level for 10 days. The support level at $60.57 appears to be resilient. A more pronounced fluctuation is anticipated, prompting a need for strategic reevaluation for investors.

It’s imperative to remember the innate unpredictability of the stock market. The actual future value of Rio Tinto shares is subject to variables beyond predictive analytics. Nonetheless, investors can expect the stock to oscillate within the defined optimistic and pessimistic target price brackets, offering both challenges and opportunities for strategic trading and investment.

Forecast table for 30 days
Date Target Pes. Opt. Vol., %
Oct 29 63.08 62.59 63.88 2.08
Oct 30 63.08 62.57 63.58 1.61
Oct 31 62.00 61.19 62.27 1.76
Nov 01 61.37 60.91 62.06 1.89
Nov 02 62.01 61.38 62.47 1.78
Nov 03 62.49 61.78 62.81 1.66
Nov 04 62.97 62.40 63.81 2.26
Nov 05 63.35 62.50 64.30 2.88
Nov 06 63.18 62.44 63.52 1.74
Nov 07 63.32 62.99 63.74 1.19
Nov 08 63.18 62.41 64.04 2.61
Nov 09 63.97 62.98 64.36 2.19
Nov 10 63.93 63.19 64.29 1.74
Nov 11 64.18 63.72 64.99 1.99
Nov 12 63.85 63.57 64.81 1.95
Nov 13 63.85 63.11 64.40 2.04
Nov 14 64.37 63.60 65.03 2.25
Nov 15 64.41 63.73 64.89 1.82
Nov 16 63.54 62.61 64.39 2.84
Nov 17 62.44 61.57 62.97 2.27
Nov 18 61.88 61.16 62.50 2.19
Nov 19 61.39 61.10 62.17 1.75
Nov 20 60.88 60.57 61.49 1.53
Nov 21 62.05 61.57 62.87 2.12
Nov 22 62.92 62.59 63.31 1.15
Nov 23 63.88 63.60 64.66 1.67
Nov 24 63.93 63.26 64.71 2.28
Nov 25 64.35 63.42 65.11 2.66
Nov 26 63.45 62.52 64.22 2.72
Nov 27 62.31 61.98 62.92 1.51

Rio Tinto Stock Forecast 29 Oct.

Presumably, on 10/29/2023, the price of shares will be in the range of $62.59 - $63.88. A $1.30 range width can provide 2.08% volatility. The weighted average price of this range is at $63.08, which is $0.11 higher than the previous day's weighted average price.

Rio Tinto Stock Forecast 30 Oct.

Presumably, on 10/30/2023, the price of shares will be in the range of $62.57 - $63.58. A $1.01 range width can provide 1.61% volatility. The weighted average price of this range is at $63.08, which is $0.00 higher than the previous day's weighted average price.

Rio Tinto Stock Forecast 31 Oct.

Presumably, on 10/31/2023, the price of shares will be in the range of $61.19 - $62.27. A $1.08 range width can provide 1.76% volatility. The weighted average price of this range is at $62.00, which is $1.07 lower than the previous day's weighted average price.

Rio Tinto Stock Forecast 01 Nov.

Presumably, on 11/01/2023, the price of shares will be in the range of $60.91 - $62.06. A $1.15 range width can provide 1.89% volatility. The weighted average price of this range is at $61.37, which is $0.63 lower than the previous day's weighted average price.

Rio Tinto Stock Forecast 02 Nov.

Presumably, on 11/02/2023, the price of shares will be in the range of $61.38 - $62.47. A $1.09 range width can provide 1.78% volatility. The weighted average price of this range is at $62.01, which is $0.64 higher than the previous day's weighted average price.

Rio Tinto Stock Forecast 03 Nov.

Presumably, on 11/03/2023, the price of shares will be in the range of $61.78 - $62.81. A $1.02 range width can provide 1.66% volatility. The weighted average price of this range is at $62.49, which is $0.48 higher than the previous day's weighted average price.

Rio Tinto Stock Forecast 04 Nov.

Presumably, on 11/04/2023, the price of shares will be in the range of $62.40 - $63.81. A $1.41 range width can provide 2.26% volatility. The weighted average price of this range is at $62.97, which is $0.47 higher than the previous day's weighted average price.

Rio Tinto Stock Forecast 05 Nov.

Presumably, on 11/05/2023, the price of shares will be in the range of $62.50 - $64.30. A $1.80 range width can provide 2.88% volatility. The weighted average price of this range is at $63.35, which is $0.38 higher than the previous day's weighted average price.

Rio Tinto Stock Forecast 07 Nov.

Presumably, on 11/07/2023, the price of shares will be in the range of $62.99 - $63.74. A $0.75 range width can provide 1.19% volatility. The weighted average price of this range is at $63.32, which is $0.14 higher than the previous day's weighted average price.

Rio Tinto Stock Forecast 08 Nov.

Presumably, on 11/08/2023, the price of shares will be in the range of $62.41 - $64.04. A $1.63 range width can provide 2.61% volatility. The weighted average price of this range is at $63.18, which is $0.14 lower than the previous day's weighted average price.

Rio Tinto Stock Forecast 09 Nov.

Presumably, on 11/09/2023, the price of shares will be in the range of $62.98 - $64.36. A $1.38 range width can provide 2.19% volatility. The weighted average price of this range is at $63.97, which is $0.78 higher than the previous day's weighted average price.

Rio Tinto Stock Forecast 10 Nov.

Presumably, on 11/10/2023, the price of shares will be in the range of $63.19 - $64.29. A $1.10 range width can provide 1.74% volatility. The weighted average price of this range is at $63.93, which is $0.04 lower than the previous day's weighted average price.

Rio Tinto Stock Forecast 11 Nov.

Presumably, on 11/11/2023, the price of shares will be in the range of $63.72 - $64.99. A $1.27 range width can provide 1.99% volatility. The weighted average price of this range is at $64.18, which is $0.26 higher than the previous day's weighted average price.

Rio Tinto Stock Forecast 12 Nov.

Presumably, on 11/12/2023, the price of shares will be in the range of $63.57 - $64.81. A $1.24 range width can provide 1.95% volatility. The weighted average price of this range is at $63.85, which is $0.33 lower than the previous day's weighted average price.

Rio Tinto Stock Forecast 13 Nov.

Presumably, on 11/13/2023, the price of shares will be in the range of $63.11 - $64.40. A $1.29 range width can provide 2.04% volatility. The weighted average price of this range is at $63.85, which is $0.00 higher than the previous day's weighted average price.

Rio Tinto Stock Forecast 14 Nov.

Presumably, on 11/14/2023, the price of shares will be in the range of $63.60 - $65.03. A $1.43 range width can provide 2.25% volatility. The weighted average price of this range is at $64.37, which is $0.52 higher than the previous day's weighted average price.

Rio Tinto Stock Forecast 15 Nov.

Presumably, on 11/15/2023, the price of shares will be in the range of $63.73 - $64.89. A $1.16 range width can provide 1.82% volatility. The weighted average price of this range is at $64.41, which is $0.04 higher than the previous day's weighted average price.

Rio Tinto Stock Forecast 16 Nov.

Presumably, on 11/16/2023, the price of shares will be in the range of $62.61 - $64.39. A $1.78 range width can provide 2.84% volatility. The weighted average price of this range is at $63.54, which is $0.88 lower than the previous day's weighted average price.

Rio Tinto Stock Forecast 17 Nov.

Presumably, on 11/17/2023, the price of shares will be in the range of $61.57 - $62.97. A $1.40 range width can provide 2.27% volatility. The weighted average price of this range is at $62.44, which is $1.09 lower than the previous day's weighted average price.

Read more

Rio Tinto monthly stock forecast for 2023, 2024, 2025, 2026, 2027.

Table of forecasts for 2023.
Month Target Pes. Opt. Vol., %
Nov. 64.32 61.75 67.05 7.91
Dec. 65.58 61.84 67.81 8.80

Diving into a more comprehensive insight, the monthly consensus forecast is an instrumental resource for investors eyeing Rio Tinto's performance metrics. These projections are meticulously curated, leveraging insights from renowned global analysts and offering a panoramic view of the anticipated stock behaviour for the current year and beyond.

In the mid-term analysis, forecasting accuracy enhances, attributed to the diminished influence of transient market fluctuations. For this year, the zenith of Rio Tinto share’s value is anticipated to touch $67.81, offering a robust metric for investment strategies, sans the extremes of varied agency forecasts.

On the contrary, the nadir projections settle at $61.75, delineating the lower threshold and offering a holistic perspective on the risk and return landscape.

Progressing further, we have extrapolated these analytical insights to generate consensus forecasts for subsequent years. The synthesized data, presented in intuitive tabular formats, offers investors, analysts, and enthusiasts a streamlined view into the future of Rio Tinto stocks.

Anticipated Trends: Rio Tinto (RIO) Monthly Stock Trajectory for 2024

Table of forecasts for 2024.
Month Target Pes. Opt. Vol., %
Jan 67.25 65.08 70.85 8.15
Feb 68.22 65.44 69.96 6.47
Mar 64.22 60.67 65.86 7.87
Apr 68.92 65.75 70.67 6.96
May 68.21 66.18 70.53 6.17
Jun 67.86 63.42 71.27 11.01
Jul 68.90 65.10 73.35 11.26
Aug 70.72 66.39 75.23 11.75
Sep 67.05 64.09 71.21 10.00
Oct 62.49 61.06 64.99 6.05
Nov 66.00 62.41 70.04 10.89
Dec 71.05 68.21 75.03 9.09

Rio Tinto (RIO) Monthly Stock Prediction for 2025

Table of forecasts for 2025.
Month Target Pes. Opt. Vol., %
Jan 68.81 65.71 70.22 6.41
Feb 67.88 63.72 70.30 9.36
Mar 71.51 67.26 73.88 8.97
Apr 74.61 69.54 77.85 10.67
May 72.01 68.58 76.30 10.11
Jun 67.24 63.58 69.29 8.25
Jul 69.24 66.65 73.53 9.36
Aug 66.88 63.19 71.09 11.12
Sep 68.93 65.71 70.63 6.97
Oct 71.51 68.59 75.15 8.73
Nov 76.92 74.11 79.14 6.36
Dec 80.58 76.40 82.77 7.70



Rio Tinto (RIO) Monthly Stock Prediction for 2026

Table of forecasts for 2026.
Month Target Pes. Opt. Vol., %
Jan 81.67 78.34 85.35 8.21
Feb 76.88 75.12 80.35 6.51
Mar 75.84 73.71 79.90 7.75
Apr 74.23 69.87 76.69 8.89
May 76.06 71.85 79.55 9.67
Jun 78.64 76.30 83.86 9.01
Jul 77.51 74.80 81.59 8.32
Aug 81.33 79.25 85.27 7.05
Sep 85.34 80.55 89.04 9.53
Oct 83.81 81.96 85.24 3.84
Nov 86.45 81.23 88.07 7.76
Dec 84.39 82.10 88.91 7.66

Rio Tinto (RIO) Monthly Stock Prediction for 2027

Table of forecasts for 2027.
Month Target Pes. Opt. Vol., %
Jan 90.70 85.08 94.40 9.88
Feb 92.63 88.93 96.80 8.13
Mar 88.54 87.03 92.45 5.86
Apr 91.02 89.32 94.66 5.64
May 88.00 83.74 92.42 9.39
Jun 93.02 87.24 98.08 11.04
Jul 96.34 92.08 98.63 6.64
Aug 98.22 95.71 100.81 5.05
Sep 98.89 92.33 100.99 8.57
Oct 104.69 101.66 108.69 6.47
Nov 112.61 105.81 117.78 10.16
Dec 119.21 111.10 121.64 8.66


Denial of responsibility:

All submitted consensus forecasts are exposed to get acquainted with the algorithm for collecting forecasts and bringing them to a single whole. The portal allforecast.com is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.