Glencore stock analysis
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Glencore (GLNCY) Stock Price & Analysis
GLNCY Stock Chart & Stats
- Day’s Range
- $13.65 - $13.65
- 52-Week Range
- $8.66 - $17.05
- Previous Close
- $13.59
- Volume
- N/A
- Average Volume (3M)
- 677.62K
- Market Cap
- $79.92B
- Enterprise Value
- $118.21B
- Total Cash (Recent Filing)
- $3.63B
- Total Debt (Recent Filing)
- $45.26B
- Price to Earnings (P/E)
- 15.0
- Beta
- 1.17
- Next Earnings
- Feb 24, 2027 (Est.)
- EPS Estimate
- 0.25
- Last Dividend Ex-Date
- Aug 28, 2026
- Dividend Yield
- 3.74%
Bulls Say, Bears Say
Bulls Say
Integrated Global Commodities Platform
Glencore combines owned industrial assets with a global marketing organization that sources, transports, stores, blends and sells commodities. This integrated model can improve market access, logistics optimization and margin capture while providing diversification across products and activities over the next several quarters.
Strong Cash Generation And Lower Net Debt
Strong first-half funds from operations and reduced net debt indicate meaningful cash-generation capacity despite the company’s cyclical exposure. A stronger balance sheet supports continued investment, shareholder distributions and greater resilience when commodity prices or operating conditions become less favorable.
Copper Growth Pipeline
Higher African copper production and multiple advancing projects provide a visible pathway to expand exposure to copper, a strategically important industrial metal. Growth at KCC, Alumbrera, Collahuasi and other projects could improve portfolio quality and support longer-term earnings diversification.
Bears Say
Weak Safety Performance
Four fatalities represent a serious operational and management challenge that can affect workforce stability, production continuity and stakeholder trust. The need for redoubled safety actions indicates that improving execution and preventing recurrence remain important requirements for sustainable business performance.
Rising Leverage And Limited Cash Conversion
Higher leverage has reduced financial flexibility just as earnings remain highly sensitive to the commodity cycle. Weaker recent free cash flow and modest operating-cash coverage of debt could constrain rapid deleveraging or investment capacity if commodity conditions soften again over the medium term.
Structural Cost And Operating Volatility
Large input-cost overruns and uneven asset performance show that profitability depends heavily on volatile fuel, sulphur, currency and commodity conditions. Persistent cost pressure can compress margins, reduce the benefit of higher volumes and make earnings less predictable across the next several quarters.
Glencore News
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Glencore Stock Smart Score
Company Description
Glencore
Glencore plc is a global diversified natural resources company actively involved in the production, refinement, processing, storage, transport, and marketing of a wide array of metals, minerals, and energy products. Its extensive operations span continents, reaching the Americas, Europe, Asia, Africa, and Oceania. Structured into two primary divisions, Marketing Activities and Industrial Activities, the company is a significant producer and supplier of various industrial metals like copper, cobalt, nickel, zinc, lead, chrome ore, ferrochrome, vanadium, alumina, aluminum, tin, and iron ore. Its energy portfolio encompasses oil exploration, production, distribution, storage, and bunkering activities, alongside a broad offering of coal, crude oil, refined products, and natural gas. Beyond its proprietary output, Glencore also sources and trades physical commodities from third-party producers, supplying them to diverse industrial consumers across sectors such as battery manufacturing, electronics, construction, automotive, steel, and the energy and oil industries. Furthermore, it provides vital ancillary services, including financing and logistics solutions, to both producers and end-users of commodities. Established in 1974, Glencore plc, headquartered in Baar, Switzerland, adopted its current name in May 2014, having previously been known as Glencore Xstrata plc.
- Sector
- Basicmaterials
- Industry
- Industrial Materials
- CEO
- Gary Nagle
- Employees
- 140,000
- Website
- www.glencore.com
- Address
- Baarermattstrasse 3, Baar, ZG, 6340, CH
Glencore (GLNCY) Earnings & Revenues
GLNCY Company Deck
GLNCY Earnings Call
Earnings Call SentimentPositive
The call communicated strong financial and operational performance: a very cash-generative H1 (adjusted EBITDA $10.1bn), near-record marketing earnings, meaningful copper volume and EBITDA growth, progress across multiple copper growth projects and a prudent capital-return package backed by a strengthened balance sheet. Offsetting this were serious safety failures (four fatalities), transient but material input cost pressures (diesel, sulphur, sulphuric acid, FX), elevated working capital from market volatility and some asset-level underperformance and accounting-driven temporary cost impacts. On balance, the positive cash generation, project derisking and shareholder returns materially outweigh the challenges, though safety and cost volatility are clear near-term priorities.
View all GLNCY earnings summariesTechnical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 5 | 6 | 11 |
| Technical Analysis | 2 | 6 | 2 |
| Moving Averages | 3 | 0 | 9 |












