Vale (VALE3) Stock Overview
Produces iron ore and nickel in Brazil, Asia, the Middle East, North Africa, Europe, the Americas, and Oceania. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
VALE3 Community Fair Values
Create NarrativeSee what 149 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Vale S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$74.01 |
| 52 Week High | R$91.62 |
| 52 Week Low | R$52.37 |
| Beta | 0.73 |
| 1 Month Change | -8.81% |
| 3 Month Change | -15.36% |
| 1 Year Change | 36.05% |
| 3 Year Change | 10.07% |
| 5 Year Change | -35.31% |
| Change since IPO | 139,462.51% |
Recent News & Updates
Narrative Update • Jul 07
VALE3: Copper Expansion Will Shape Future Returns Over Iron Ore Risk
Analysts have nudged the implied fair value for Vale higher, with the updated target suggesting a move of roughly R$2 per share as refreshed models factor in revised revenue growth assumptions, fine tuned profit margins, and updated valuation multiples informed by recent Street research. Analyst Commentary Recent Street research on Vale points to a mix of optimism about the company’s valuation support and growth options, alongside a more cautious read on execution risks and sector exposure.
Narrative Update • Jun 23
VALE3: Copper Expansion And Updated Models Will Drive Future Upside
Analysts have modestly raised their fair value estimate for Vale, with the price target moving higher to reflect updated models that now factor in copper growth and revised assumptions for revenue growth, profit margins, discount rate, and future P/E, supported by a series of recent price target increases in Brazilian reais from several research firms. Analyst Commentary Recent Street research on Vale points to a series of upward price target revisions that feed into the higher fair value estimate.Narrative Update • Jun 08
VALE3: Copper And Base Metals Execution Will Drive Future Upside Potential
Analysts have nudged the updated fair value for Vale slightly lower while raising their overall price targets in the R$18 to R$19.50 range, citing refreshed models that now factor in copper growth and other revisions to company assumptions. Analyst Commentary Recent research points to a cluster of higher price targets for Vale, with several bullish analysts updating their models and narrowing in on the R$18 to R$19.50 range.
Narrative Update • May 25
VALE3: Iron Ore Assumptions And Execution Risks Will Shape Balanced Future Returns
Analysts have raised their fair value estimate for Vale from R$69.39 to R$75.65, citing a series of higher price targets from R$14.80 to R$19.50 issued by major banks and updated models that incorporate revised profit margins and P/E assumptions. Analyst Commentary Recent research on Vale shows a mix of optimism and caution, with higher targets from some large banks set against a series of downgrades and more restrained views from other bearish analysts.Recent updates
Narrative Update • Jul 07
VALE3: Copper Expansion Will Shape Future Returns Over Iron Ore Risk
Analysts have nudged the implied fair value for Vale higher, with the updated target suggesting a move of roughly R$2 per share as refreshed models factor in revised revenue growth assumptions, fine tuned profit margins, and updated valuation multiples informed by recent Street research. Analyst Commentary Recent Street research on Vale points to a mix of optimism about the company’s valuation support and growth options, alongside a more cautious read on execution risks and sector exposure.Narrative Update • Jun 23
VALE3: Copper Expansion And Updated Models Will Drive Future Upside
Analysts have modestly raised their fair value estimate for Vale, with the price target moving higher to reflect updated models that now factor in copper growth and revised assumptions for revenue growth, profit margins, discount rate, and future P/E, supported by a series of recent price target increases in Brazilian reais from several research firms. Analyst Commentary Recent Street research on Vale points to a series of upward price target revisions that feed into the higher fair value estimate.Narrative Update • Jun 08
VALE3: Copper And Base Metals Execution Will Drive Future Upside Potential
Analysts have nudged the updated fair value for Vale slightly lower while raising their overall price targets in the R$18 to R$19.50 range, citing refreshed models that now factor in copper growth and other revisions to company assumptions. Analyst Commentary Recent research points to a cluster of higher price targets for Vale, with several bullish analysts updating their models and narrowing in on the R$18 to R$19.50 range.Narrative Update • May 25
VALE3: Iron Ore Assumptions And Execution Risks Will Shape Balanced Future Returns
Analysts have raised their fair value estimate for Vale from R$69.39 to R$75.65, citing a series of higher price targets from R$14.80 to R$19.50 issued by major banks and updated models that incorporate revised profit margins and P/E assumptions. Analyst Commentary Recent research on Vale shows a mix of optimism and caution, with higher targets from some large banks set against a series of downgrades and more restrained views from other bearish analysts.Narrative Update • May 05
VALE3: Base Metals Mix And Copper Strength Will Drive Future Upside
Analysts have nudged the R$ fair value estimate for Vale higher to R$104.54 from R$101.20. The updated estimate reflects a series of recent price target increases, even as analysts factor in a slightly higher discount rate, more conservative revenue growth, modestly lower profit margins and a higher future P/E assumption.Narrative Update • Apr 20
VALE3: Base Metals Strength And Iron Ore Risks Will Shape Future Returns
Analysts have slightly lifted the R$ fair value estimate for Vale, reflecting broadly higher Street price targets. These emphasize stronger base metals contributions, a higher assumed future P/E and more cautious views on revenue growth and profit margins.Narrative Update • Apr 05
VALE3: Copper Strength And Base Metals Mix Will Support Future Upside
Analysts have slightly reduced the fair value estimate for Vale. The updated price target of R$101.20 reflects a higher discount rate and more conservative revenue growth assumptions, partly offset by a marginally stronger profit margin outlook and a lower future P/E.Narrative Update • Mar 22
VALE3: Base Metals And Copper Mix Will Drive Future Returns
Narrative Update on Vale The analyst price target for Vale edges slightly lower in the model, reflecting a marginal trim to fair value to R$88.67. Analysts see the shares more fully reflecting iron ore and base metals assumptions after a series of target increases and recent rating downgrades that emphasize valuation and oversupply risks.Narrative Update • Mar 08
VALE3: Base Metals And Copper Shift Will Support Future Returns
Our analyst price target for Vale has been revised higher to R$88.95 from R$80.25, reflecting Street research that has generally nudged targets up on stronger base metals contributions and copper demand, even as analysts flag iron ore price softness, steel demand headwinds, and potential oversupply risks. Analyst Commentary Street research on Vale has turned more mixed recently, with several price target increases sitting alongside fresh rating downgrades.Narrative Update • Feb 22
VALE3: Copper And Base Metals Mix Will Drive Future Upside Potential
The updated analyst price target for Vale implies fair value rising from about R$86.67 to roughly R$102.54. Analysts point to stronger margin assumptions, a lower discount rate and a lower future P/E, supported by recent research that highlights higher copper exposure even as iron ore faces potential oversupply risk.Analysis Article • Feb 19
There May Be Reason For Hope In Vale's (BVMF:VALE3) Disappointing Earnings
Vale S.A.'s ( BVMF:VALE3 ) earnings announcement last week didn't impress shareholders. While the headline numbers were...Narrative Update • Feb 07
VALE3: Iron Ore Oversupply And Execution Risks Will Pressure Future Earnings
Our updated analyst price target for Vale edges slightly lower by about $0.65, as analysts balance more constructive assumptions on revenue growth with modestly softer profit margin expectations and a small adjustment in the assumed P/E multiple. Analyst Commentary Recent Street research on Vale has been mixed, with some firms lifting price targets and others sounding more cautious.Analysis Article • Jan 30
Returns At Vale (BVMF:VALE3) Appear To Be Weighed Down
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Narrative Update • Jan 24
VALE3: Iron Ore Oversupply Risk Will Pressure Earnings Power And Sentiment
Analysts have lifted their fair value estimate for Vale from $54.24 to $70.04, reflecting mixed views on iron ore oversupply risk and cost discipline, along with generally higher Street price targets clustered around $12 to $15.50. Analyst Commentary Street research around Vale highlights a split view, with some firms raising price targets on the back of modeling updates and cost control, while bearish analysts flag iron ore market risks and temper expectations for upside.Narrative Update • Jan 09
VALE3: Base And Precious Metals Exposure Will Drive Future Upside Potential
The updated analyst price target for Vale implies a fair value move from about $84 to $87, as analysts balance oversupply risks in iron ore with improving views on base and precious metals exposure, alongside a revised future P/E assumption of 13.2x. Analyst Commentary Recent Street research on Vale reflects a split view, with some caution around iron ore oversupply risk and a cluster of more constructive opinions tied to base and precious metals exposure, as well as updated models after recent company results.Narrative Update • Dec 25
VALE3: Base Metals Expansion And Cost Discipline Will Drive Balanced Future Returns
Vale's analyst price target has been nudged higher, with fair value estimates rising by about $3.50 per share as analysts factor in slightly stronger long term revenue growth, modestly better margins, and a richer future earnings multiple following a series of recent target hikes from major banks. Analyst Commentary Recent Street research on Vale reflects a generally constructive stance, with a clear tilt toward incremental upgrades and higher price targets as analysts recalibrate models following the latest quarterly update.Narrative Update • Dec 11
VALE3: Base Metals And Copper Expansion Will Drive Balanced Future Return Potential
The analyst price target for Vale has been nudged higher to about $14.50 per share from roughly $14 previously, as analysts cite updated post Q3 models, improving base metals performance, and constructive views on copper driven by tight supply and stronger precious metal prices. Analyst Commentary Recent research updates reflect a broadly constructive tone on Vale, with multiple firms raising price targets as they refresh models following the Q3 report and factor in stronger trends in base and precious metals.Narrative Update • Nov 27
VALE3: Base Metals Segment Performance Will Drive 2026 Profitability Upside
Vale’s analyst price target has been raised from $71.08 to $75.14. Analysts cite constructive views following the company's Q3 report, improved Base Metals segment performance, and ongoing cost control as key reasons for the increased valuation.Narrative Update • Nov 12
VALE3: Revenue Momentum And Base Metals Performance Will Offset Market Caution
Analysts have modestly increased their price target for Vale, raising it by $0.76. This adjustment reflects stronger revenue growth forecasts and improved performance in the Base Metals segment.Analysis Article • Nov 08
Vale (BVMF:VALE3) Takes On Some Risk With Its Use Of Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Oct 29
Higher Precious Metal Prices Will Drive Earnings Thanks To Copper Supply Disruptions
Vale's analyst price target has been modestly increased, rising from $13.50 to $14. Analysts cite improved profit margins and supportive trends in precious and base metal markets as contributing factors.Analysis Article • Oct 21
Return Trends At Vale (BVMF:VALE3) Aren't Appealing
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Narrative Update • Oct 14
Bacaba And Voisey's Bay Projects Will Fuel Global Decarbonization Efforts
Analysts have raised their fair value estimate for Vale from approximately $67.35 to $70.15. This change reflects tempered optimism due to the company's ongoing cost-cutting, gradual copper expansion, and broadly cautious sentiment on iron ore market fundamentals.Analysis Article • Oct 02
Some Confidence Is Lacking In Vale S.A.'s (BVMF:VALE3) P/E
It's not a stretch to say that Vale S.A.'s ( BVMF:VALE3 ) price-to-earnings (or "P/E") ratio of 8.6x right now seems...Narrative Update • Sep 27
Bacaba And Voisey's Bay Projects Will Fuel Global Decarbonization Efforts
Vale’s consensus price target was modestly raised to R$67.35 as bullish analysts cite resilient iron ore prices and cost reductions, though sentiment is tempered by concerns over China demand, macro headwinds, and regulatory risks. Analyst Commentary Bullish analysts note improved conviction in iron ore price resilience and potential for recovery in global steel demand.Narrative Update • Sep 05
Bacaba And Voisey's Bay Projects Will Fuel Global Decarbonization Efforts
Vale’s fair value estimate saw a negligible reduction, as consensus revenue growth and discount rate projections remained largely unchanged, resulting in only a minor decrease in the analyst price target from R$67.03 to R$66.11. What's in the News Vale and BHP offered $1.4B to settle a UK class action lawsuit related to the Mariana dam disaster, but claimants’ lawyers are demanding about $3B (Financial Times).Analysis Article • Aug 07
Some May Be Optimistic About Vale's (BVMF:VALE3) Earnings
BOVESPA:VALE3 1 Year Share Price vs Fair Value Explore Vale's Fair Values from the Community and select yours...Analysis Article • Aug 01
Industry Analysts Just Made A Substantial Upgrade To Their Vale S.A. (BVMF:VALE3) Revenue Forecasts
Vale S.A. ( BVMF:VALE3 ) shareholders will have a reason to smile today, with the analysts making substantial upgrades...Analysis Article • Jul 26
Vale (BVMF:VALE3) Takes On Some Risk With Its Use Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Narrative • Nov 07
Iron Ore Strategy And Cost Efficiency To Drive Growth Amidst Legal And Market Challenges
Strategic focus on cost efficiency and premium iron ore could enhance margins and market competitiveness.Shareholder Returns
| VALE3 | BR Metals and Mining | BR Market | |
|---|---|---|---|
| 7D | 1.8% | -1.5% | 2.3% |
| 1Y | 36.0% | 32.1% | 16.9% |
Return vs Industry: VALE3 exceeded the BR Metals and Mining industry which returned 32.1% over the past year.
Return vs Market: VALE3 exceeded the BR Market which returned 16.9% over the past year.
Price Volatility
| VALE3 volatility | |
|---|---|
| VALE3 Average Weekly Movement | 4.2% |
| Metals and Mining Industry Average Movement | 4.2% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in BR Market | 7.8% |
| 10% least volatile stocks in BR Market | 1.9% |
Stable Share Price: VALE3 has not had significant price volatility in the past 3 months compared to the BR market.
Volatility Over Time: VALE3's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1942 | 65,805 | Gustavo Pimenta | vale.com |
Vale S.A., together with its subsidiaries, produces iron ore and nickel in Brazil, Asia, the Middle East, North Africa, Europe, the Americas, and Oceania. The company operates in two segments, Iron Ore Solutions and Vale Base Metals. It extracts, produces, and distributes iron ore, iron ore pellets, briquettes, nickel, copper, other ferrous products, and by-products, including gold, silver, cobalt, platinum-group metals, and other base metals, as well as low-carbon critical minerals.
Vale S.A. Fundamentals Summary
| VALE3 fundamental statistics | |
|---|---|
| Market cap | R$315.62b |
| Earnings (TTM) | R$15.60b |
| Revenue (TTM) | R$214.86b |
20.2x
P/E Ratio1.5x
P/S RatioIs VALE3 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VALE3 income statement (TTM) | |
|---|---|
| Revenue | R$214.86b |
| Cost of Revenue | R$139.50b |
| Gross Profit | R$75.37b |
| Other Expenses | R$59.76b |
| Earnings | R$15.60b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 30, 2026
| Earnings per share (EPS) | 3.66 |
| Gross Margin | 35.08% |
| Net Profit Margin | 7.26% |
| Debt/Equity Ratio | 55.4% |
How did VALE3 perform over the long term?
See historical performance and comparisonDividends
7.4%
Current Dividend Yield150%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/15 01:41 |
| End of Day Share Price | 2026/07/14 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Vale S.A. is covered by 41 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Leonardo Correa | Barclays |
| Amos Fletcher | Barclays |
| Mary Cleia da Silva | BB Banco de Investimento S.A. |