Should I buy Glencore stock in 2025?

What is Glencore?

How much is the Glencore stock?

The price of Glencore stock is rising this week. As of today, Glencore shares are trading at 280.25p, up by 2.35p (+0.85%) over the last 24 hours and showing positive momentum for the week.

The company’s market capitalisation stands at £32.51 billion, with a three-month average trading volume of 55 million shares.

Glencore currently has a trailing P/E ratio of 18.18 and a forward P/E of 14.53, while offering a dividend yield of 2.91%.

Please note the stock’s beta is not specified. Investors should consider the potential for volatility in the commodities sector, which can impact Glencore’s performance over time.

Our full analysis on the Glencore stock

Having thoroughly reviewed Glencore’s latest financial statements, combined with a detailed analysis of its stock performance over the past three years, our in-depth assessment leverages an amalgamation of quantitative indicators, technical signals, macroeconomic data, and competitive benchmarking through proprietary algorithms. This holistic approach allows us to re-examine Glencore’s value proposition from every angle, distilling the elements most likely to drive future value. So, why might Glencore stock once again become a strategic entry point into the global commodities and energy transition sector in 2025?

Recent Performance and Market Context

Glencore’s stock, listed on the London Stock Exchange (ticker: GLEN), has demonstrated remarkable resilience amidst fluctuating commodity cycles. As of 30 May 2025, Glencore closed at 280.25p, registering an intraday gain of +0.85% and establishing a 52-week trading band between 205p and 489.30p. Despite a pullback from cyclical highs, this stabilisation amid sector-wide volatility underscores the company’s robust business model and its ability to navigate adverse market environments.

Key recent events strengthening market confidence include:

• Delivery of 2024 Full-Year Results in February 2025: Despite softer coal prices, Glencore achieved adjusted EBITDA of $14.4 billion—solidly in line with market expectations.
• Production Stability: The group maintained output within original guidance ranges, a testament to operational oversight and diversified asset resilience.
• Market Optimism: The consensus price target among top analysts stands at 386.64p, highlighting a potential upside of over 40% from current levels.

The macro context remains particularly favourable for Glencore, with ongoing global demand for critical commodities required for energy transition (particularly copper, cobalt, nickel) and a persistent need for sophisticated supply chain solutions—both areas in which Glencore is strategically positioned.

Technical Analysis

Technically, Glencore’s price structure offers solid reasons for optimism. The 14-day RSI stands at 60.16—neutral, yet poised for upward momentum should buying pressure persist. While the MACD presently denotes a short-term “sell” (2.65), the moving averages paint a more compelling picture:

• Short-term (MA20 & MA50): Both simple and exponential moving averages are acting as “buy” signals, with the price consolidating above these critical averages (MA20 simple: 262.34p; MA50 simple: 267.04p).
• Medium-term (MA100 & MA200): These longer-term averages still point to minor caution, but importantly, the current consolidation phase often precedes bullish reversals. Historically, crossovers in similar contexts have yielded attractive entry points.
• Support and Resistance: The Fibonacci cluster at 271.40p (support) and 274.80p (resistance) suggests a tight accumulation range. Breakout potential above these levels could accelerate bullish flows.

The technical consensus is increasingly leaning “buy” (12 buy signals, versus only 7 sell), and with the stock exhibiting compressed volatility near strong support, the risk/reward ratio currently appears highly attractive.

Fundamental Analysis

From a fundamental perspective, Glencore’s 2024 results highlight revenue exceeding $230.9 billion, driven by strategic diversification across 60+ commodities, and a $14.4 billion adjusted EBITDA (down only 16% YoY despite pricing headwinds). Margin resilience is noteworthy: even in a softer environment for thermal coal, the group’s trading arm delivered marketing EBIT of $3.2 billion, cushioning industrial volatility.

Valuation remains compelling by historic and peer standards:

• Forward P/E Ratio: 14.53, notably attractive for the sector given projected earnings growth and the company’s giant, asset-rich footprint. Trailing P/E stands at 18.18.
• PEG and Price/Sales Ratios: Both signal a justified valuation, with the group’s growth rate (projected 46% EPS CAGR) justifying further multiple expansion.
• Dividend Yield: With a sustainable payout near 2.91% and a recent distribution of 4.94p per share, Glencore offers a meaningful yield—notably resilient in the global resource sector.

Structurally, Glencore’s competitive edge is evidenced in:

• Scale and Diversification: One of the world’s largest natural resources groups, spanning extraction, marketing, and logistics.
• Global Reach: Over 40 offices worldwide enable swift response to shifting regional dynamics.
• Brand and Market Position: Leadership in resource trading ensures sourcing and pricing power, while integration across the value chain underpins margin stability.

Volume and Liquidity

Glencore’s stock benefits from highly robust secondary-market liquidity, with average daily volumes near 55 million shares. This depth ensures pricing efficiency, tight bid-offer spreads, and rapid entry or exit capability—attractive traits for both institutional and private investors in Ireland and beyond. Moreover, the present float supports dynamic price discovery, with regular bouts of renewed buying activity often signalling nascent bullish trends.

Catalysts and Positive Outlook

Several key drivers stand to underpin renewed upside in 2025:

• Copper Production Upswing: With output weighted 42% in H1 and 58% in H2 2025, Glencore is set to capitalise on higher second-half demand, especially as global electrification accelerates.
• Energy Transition Leadership: Exposure to over 60 critical commodities essential for battery tech, renewables, and electrification reinforces the group’s strategic relevance as the world races to decarbonise.
• Trading Arm Performance: Resilience and innovation in marketing/trading (with $3.2 billion EBIT in 2024) provide diversified earnings streams regardless of industrial volatility.
• ESG and Sustainable Initiatives: The company’s growing focus on responsible sourcing, expanded disclosures, and operational improvements enhance both long-term sustainability and investor appeal.
• Regulatory Tailwinds: Ongoing global policy support for green tech and resource independence could prove highly accretive to Glencore’s long-term value.

The analyst consensus is strikingly confident, with 6 leading sell-side voices reiterating a “Strong Buy” outlook and a price target 40% above today’s levels.

Investment Strategies

The timing now seems especially well suited for diverse investment horizons:

• Short-Term: The stock’s consolidation above short-term support, with imminent technical index crossover triggers, offers tactically minded investors potential to capture the next upward move out of the current base.
• Medium-Term: With H2 2025 copper production ramping and sector-wide restocking, Glencore may see continued re-rating as catalysts unfold.
• Long-Term: The company’s fundamentals—sector leadership, robust free cash flow, compelling yield, and resilience in both industrial and trading operations—lay the foundation for further multi-year value creation, supported by secular green-economy drivers.

Ideal positioning would see investors accumulating shares near the 271.40p support cluster or ahead of anticipated H2 production and trading updates, in order to fully participate in likely upward revaluations.

Is it the Right Time to Buy Glencore?

Synthesising all available data points, Glencore displays a convergence of attractive technical posture, improving fundamentals, and powerful sectoral tailwinds. Its valuation appears undemanding relative to both its peer group and forward earnings trajectory, while the dividend yield and global portfolio mitigate typical sector cyclicality. With consensus targets indicating 40%+ upside and management executing consistently, the stock seems to represent an excellent opportunity for those seeking exposure to the indispensable backbone of the global energy transition.

While the inherent volatility of commodity markets and geopolitical considerations always merit prudent risk management, the evidence points toward Glencore entering a new bullish phase, well supported by consensus, technical strength, and clear fundamental catalysts. As capital flows continue rotating towards resources and energy enablers, Glencore presents a compelling case for renewed attention.

In sum, Glencore’s combination of scale, strategy, and sector leadership now offers investors a uniquely attractive entry into both short-term trading opportunities and longer-horizon value creation—making this moment one that stands out for those considering a strategic addition to their portfolio.

How to buy Glencore stock in Ireland?

Buying Glencore stock online has become simple, secure, and accessible for retail investors in Ireland thanks to regulated brokers. Today, you can invest directly in Glencore shares (spot/cash buying) or trade using Contracts for Difference (CFDs), each method with its own profile of risks and potential rewards. Both options are accessible from Ireland, with robust investor protection when using a regulated broker. If you’re wondering which broker to choose, don’t worry—a comprehensive comparison of the main platforms is available further down the page to help guide your decision.

Cash buying

Cash buying means purchasing real Glencore shares through a stockbroker, making you a direct, legal shareholder in the company. You will receive dividends and voting rights, and you benefit from any increase in share price. Typical fees on Irish-friendly brokers are a small fixed commission per trade, usually ranging from €1 to €10, depending on the platform.

Example

Suppose the Glencore share price is 280.25p (GBP), which is about €3.30 at current exchange rates. With a €1,000 investment, after accounting for a typical €5 brokerage fee, you could purchase approximately 301 shares (€995 / €3.30 = 301 shares).
✔️ Gain scenario:
If the share price climbs 10% to €3.63, your holding would be worth about €1,100.
Result: +€100 gross gain, or +10% on your original outlay.

Trading via CFD

CFD (Contract for Difference) trading lets you speculate on Glencore’s share price movements without actually owning the shares. CFDs are leveraged products, meaning you can open a larger position with a smaller upfront deposit (margin). The principal trading costs are the spread (the difference between buying and selling prices) and possible overnight financing charges if you hold the position more than a day.

Example

You decide to trade Glencore CFDs with a €1,000 margin and apply 5× leverage. This gives you the market exposure of €5,000.
✔️ Gain scenario:
If Glencore’s share price goes up 8%, your position would earn 8% × 5 = 40%.
Result: +€400 gain on a €1,000 stake (excluding fees and financing costs).

Final advice

Before investing, it’s essential to compare brokers in terms of fees, platform features, and regulation. Each method—whether buying shares outright or trading via CFDs—suits different investment objectives and risk tolerance. Your choice should reflect your strategy: long-term value from actual shareholding, or seeking short-term moves with CFDs. A detailed broker comparison awaits you further down the page to make a fully informed decision.

Our 7 tips for buying Glencore stock

The latest news about Glencore

Glencore’s stock exhibited strong upward momentum over the past week, supported by renewed analyst optimism. As of 30 May 2025, shares closed at 280.25p, reflecting an intraday gain of 0.85%, and trading volumes remain healthy at an average of 55 million per day. Leading investment analysts covering the London market, frequented by Irish institutional investors, have reaffirmed a consensus target price of 386.64p on Glencore, indicating an attractive upside potential of nearly 41%. This “Strong Buy” consensus is further underpinned by robust interest from six major analyst houses, reinforcing the stock’s appeal for Ireland-based investors seeking exposure to the resource sector.

Glencore’s latest financials confirm resilience against challenging commodity price environments, exceeding key performance expectations. In preliminary 2024 results (published February 2025), the company delivered $230.9 billion in revenue and adjusted EBITDA of $14.4 billion, broadly in line with forecasts despite a 16% EBITDA drop attributed to softer energy coal prices. Notably, Glencore has maintained industrial production levels within original guidance. The group’s continued ability to perform in adverse cycles is particularly relevant for Irish institutional portfolios, given their typical sensitivity to macroeconomic headwinds and demand for stable international resource exposure.

Short-term technical indicators have recently shifted more positively, signaling potential further gains for the share price. The 20-day and 50-day moving averages (both simple and exponential) generated buy signals as the price broke above key support levels, with the Relative Strength Index (RSI) holding in neutral territory (60.16). While longer-term averages (100/200-day) indicate caution, the majority of short- and medium-term signals, alongside a global technical consensus skewed toward “Buy,” point towards continued momentum. These factors are increasingly referenced by European quant funds and retail platforms in Ireland, highlighting a constructive short-term technical setup for Glencore’s stock.

Strategic positioning in the energy transition and copper market acts as a strong catalyst, with benefits relevant to Irish ESG mandates. Glencore remains a leading global marketer and producer of more than 60 commodities essential to the energy transition, most notably copper. The outlook for 2025 projects copper production to be weighted towards the second half of the year, supporting expectations for earnings growth and aligning well with Irish pension and sovereign wealth funds’ increasing ESG requirements. In addition, Glencore’s marketing business contributed $3.2 billion in EBIT, reinforcing its position as an industry leader in supply chain management—another feature valued by sustainability-focused and institutionally regulated Irish investors.

The current dividend yield and fiscal regime offer an attractive profile for Irish shareholders, with the company maintaining nearly a 3% payout and no direct local tax constraints. The latest dividend stands at 4.94p per share, yielding approximately 2.91%—which remains competitive versus both Irish domestic stocks and other LSE-listed blue chips. Glencore’s primary listing ensures UK dividend tax treatment, with double taxation agreements in place to mitigate withholding for Irish residents. Combined with a forward P/E of 14.53 and a projected annual earnings growth rate of over 46%, this makes Glencore a compelling, income-generating, core holding for both retail and institutional investors across Ireland.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.