VALE stock heads toward October 29 results
Published on 10/05/2026 at 13:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
VALE stock (ISIN US91912E1055) was last at USD 13.76 on the NYSE on October 2, 2026, with a 2.30 percent session gain. The next major checkpoint is Vale's third-quarter report, scheduled for October 29, 2026, after the market closes, according to Valor on October 1, 2026.
October 29 sets the next test
Vale will combine its operational, sales and financial data in one integrated performance report from the third quarter onward, according to Valor. The format change places production, sales and financial performance in a single document for the quarter.
The reporting date matters because Vale's second-quarter figures showed a split picture. Revenue was USD 10.24 billion in Q2 2026, while diluted EPS was USD 0.31, according to the standardized quarterly figures for the period ended June 30, 2026.
Revenue rose while profit lagged
The Rio Times reported that Vale's Q2 2026 revenue rose 19 percent year over year to USD 10.5 billion from USD 8.8 billion. Net income attributable to shareholders moved in the opposite direction, falling 35 percent to USD 1.375 billion from USD 2.117 billion.
The operating mix adds another dimension. Adjusted EBITDA reached USD 3.68 billion, up 9 percent year over year, while pro forma EBITDA rose 19 percent to USD 4.1 billion, according to The Rio Times.
Analysts remain split on value
JPMorgan raised its Vale price target from USD 21.00 to USD 22.00 and kept an Overweight rating, according to MarketBeat on September 30, 2026. The target lies 59.9 percent above the USD 13.76 reference price.
The broader view is less bullish. MarketBeat lists a Hold consensus from 16 analysts, comprising one Strong Buy, two Buy, 12 Hold and one Sell rating, with an average target of USD 16.04. That target lies 16.6 percent above the October 2 price.
VALE stays below its yearly high
VALE's USD 13.76 last price on October 2, 2026, stood 23.3 percent below the 52-week high of USD 17.94 and above the 52-week low of USD 10.71. Trading volume reached 42,923,692 shares, while market capitalization stood at USD 58.7 billion.
For investors, the October report will test whether stronger EBITDA and higher revenue can offset the weaker earnings conversion seen in Q2 2026.
VALE stock facts
- Company: Vale S.A.
- ISIN: US91912E1055
- Ticker: VALE
- Trading venue: NYSE
- Price as of October 2, 2026, 4:00 p.m. ET: USD 13.76
- Market capitalization: USD 58.7 billion as of October 2, 2026
- 52-week range: USD 10.71-17.94 as of October 2, 2026
- Sector / Industry: Basic Materials / Industrial Materials
Upcoming dates for VALE stock
- October 29, 2026: Third-quarter 2026 results after the market closes
- October 30, 2026: Investor presentation and webcast
