Should I buy Glencore stock in 2025?

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At HelloSafe, our expert has been tracking Glencore's performance for over three years. Every month, hundreds of thousands of users in the UK trust us to decipher market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, paid by Glencore.

What is Glencore?

How much is Glencore stock?

The price of Glencore stock is rising this week. Glencore is currently trading at 306.00 GBp, with a 24-hour increase of +14.75 GBp (+5.06%), but a weekly change of -11.96%. The company’s market capitalisation stands at £34.63 billion and the average 3-month volume is 54.99 million shares. The P/E Ratio is not applicable due to a recent net loss, the dividend yield is 2.79%, and the stock shows a beta of 0.90. These figures point to moderate volatility and resilient investor interest, reflecting both challenges and opportunities in today’s commodities markets.

Our full analysis of the Glencore stock

Having reviewed Glencore's latest financial statements and cross-checked the stock’s performance over the past three years, we draw on a rigorous synthesis of financial ratios, technical patterns, analyst studies, and competitive benchmarks powered by our proprietary evaluation algorithms. This multi-source approach allows us to provide investors with robust, actionable information positioned to the realities of the GB market and the global mining and trading arena. So, why might Glencore stock once again become a strategic entry point into the natural resources and commodities sector in 2025?

Recent performance and market context

Glencore has recently demonstrated a notable rebound, with its share price climbing to 306.00 GBp, posting an impressive +5.06% intraday rise. While the share remains down around -11.96% over the past week and -34.37% over the past year—a reflection of sector-wide volatility—recent price surges highlight renewed investor optimism driven by tangible catalysts. This upswing coincides with multiple positive developments: the completion of the Viterra-Bunge merger, approval of a $1 billion share buyback, and the announcement of a $1.2 billion return to shareholders in 2025 signal financial solidity and a commitment to delivering value. In terms of sector outlook, global demand for transition metals (copper, cobalt, nickel) is accelerating, especially as clean energy initiatives ramp up in the UK and Europe, placing Glencore’s diversified portfolio and global reach at the heart of this structural uptrend. Improvements in macroeconomic confidence, especially around commodity demand for infrastructure and green technologies, have re-established a constructive environment for sector-leading stocks like Glencore.

Technical analysis

The technical landscape for Glencore is particularly compelling. The RSI (14 days) stands at a robust 77.26, indicating substantial buying momentum and confirming the recent rally. The MACD (12, 26, 9) at 5.16 flashes a clear buy signal, with the price moving decisively above key short- and long-term moving averages: 20-day (294.76 GBp), 50-day (287.93 GBp), 100-day (286.18 GBp), and 200-day (287.49 GBp) all suggesting bullish entry points. With the stock currently hovering around 306.00 GBp, just below a resistance at 308.69 GBp, a breakout could unleash further upside. Key support sits at 284.88 GBp, providing an attractive risk/reward juncture. Notably, no fewer than 12 moving averages now flash “buy,” underlining strong technical structure and aligning with “Strong Buy” consensus signals from leading analyst platforms. The overall technical architecture thus argues for a favourable short- to medium-term entry, with patterns historically associated with upward acceleration.

Fundamental analysis

On a fundamental level, Glencore exhibits structural strengths difficult to ignore. Revenue for 2024 came in at £230.94 billion, representing a healthy 6% year-on-year increase, despite volatility in commodity markets. This resilience is backed by a diversified asset base spanning metals and energy, with industry leadership in copper, nickel, and cobalt—materials pivotal for the green transition and a decarbonising global economy. While net profit showed a temporary setback at -£1.63 billion, the core operational engine remains sound, as evidenced by EBITDA of £5.86 billion. Investors should also note Glencore’s unique position in metals recycling and its pioneering approach to supply chain responsibility, burnishing its ESG credentials in an environment where responsible sourcing is increasingly rewarded. In valuation terms, Glencore’s Price/Book ratio of 1.17 and a current yield of 2.79%, combined with upbeat analyst earnings forecasts—a return to profitability in 2025—justify renewed interest. Innovation in logistics, trading digitalisation, and exposure to secular demand trends in renewables further set Glencore apart from peers.

Volume and liquidity

Liquidity remains a cornerstone of Glencore’s market appeal. With an average daily trading volume of nearly 55 million shares and a public float of 9.66 billion shares, the stock is among the most liquid on the London Stock Exchange. This depth not only ensures efficient price discovery and tighter bid-ask spreads but also reflects high institutional engagement. Sustained turnover signals both confidence and flexibility for traders and long-term investors alike. The large market capitalisation of £34.63 billion makes Glencore a natural component for index funds, ETFs, and broad-based investment vehicles, supporting additional demand and dynamic valuation.

Catalysts and positive outlook

• Completion of the Viterra-Bunge merger provides new synergies in agri-trading and diversification beyond metals.
• ESG leadership and recycling innovation strengthen market share, appeal to sustainability-focused funds, and reduce regulatory risk.
• Global energy transition continues to drive demand for core metals, with Glencore’s scale and expertise positioning it as a partner of choice for governments and industrial giants.
• Ongoing cost discipline and portfolio optimisation unlock greater shareholder value, supported by recently announced buyback and dividend initiatives.
• Favourable analyst sentiment: Consensus price targets are clustered at 30% above current levels, while guidance points to profit recovery in 2025 and further advances in 2026 (forecasted EPS growth to 20 and then 33 cents per share).

Moreover, Glencore’s flexible operating model allows rapid adaptation to shifting market cycles, underlining its ability to weather downturns and exploit upswings—an advantage increasingly appreciated in the current global context.

Investment strategies

• Short term: Technical strength and momentum, supportive moving averages, and recent breakout signals suggest opportunistic positions ahead of the next results announcement.
• Medium term: The convergence of operational improvement, sector tailwinds (transition metals, infrastructure spending), and a return to profitability create favourable conditions for capital appreciation.
• Long term: Glencore’s evolution into a diversified, innovation-led commodity powerhouse—embracing ESG, recycling, renewable supply, and technology-led trading—underpins potential for sustained value generation. Capital returns to shareholders, along with a scalable model for future commodity cycles, underline investment quality over the coming years.

Positioning at current levels, just above technical support and below overhead resistance, may allow investors to capture significant upside ahead of confirmed catalysts in H2 2025 and beyond.

Is it the right time to buy Glencore?

Summing up, Glencore demonstrates a rare combination of cyclically sensitive reactivity and secular, innovation-driven growth. Its commanding market share, sector-leading trading operations, and strategic alignment with global energy transition trends reinforce the view that the company is exceptionally well placed for the future. The technicals highlight a strong recovery phase, while fundamentals and liquidity demonstrate robust underlying value. Although ongoing monitoring of commodity price risk and ESG challenges is needed, Glencore’s track record of adaptation and shareholder rewards signals that the stock may be entering a new bullish phase. For investors seeking dynamic exposure to commodities, metals, and global megatrends from a uniquely British-listed leader, Glencore seems to represent an excellent opportunity at this juncture—an opportunity likely to reward those with conviction and a well-considered approach in a structurally evolving sector.

How to buy Glencore stock in the UK?

Buying Glencore stock online is straightforward, secure, and accessible for all UK investors via FCA-regulated brokers. The two primary methods are traditional spot buying—where you become the direct owner of your shares—and trading through CFDs (Contracts for Difference), which lets you speculate on the price movement without owning the shares. Each method offers unique advantages depending on your investment profile. For a detailed comparison of trusted brokers to suit your needs, simply continue further down this page.

Spot buying

When you buy Glencore shares with cash (spot purchase), you own the stock in your name and benefit from any dividends and capital gains. You can make these purchases through a UK broker, usually for a fixed commission per order—often around £5 to £10 per transaction, depending on the platform.

Gain scenario

If the Glencore share price is £3.06, you can buy around 326 shares with a £1,000 stake, including a brokerage fee of around £5.

If the share price rises by 10%, your shares are now worth £1,100.

Result: +£100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD trading on Glencore shares allows you to speculate on rising or falling prices using leverage, without actually owning the underlying asset. The main costs are usually the spread (the difference between buy/sell prices) and overnight financing fees for leveraged positions kept open beyond the trading day.

CFD Position Gain Scenario

You open a CFD position on Glencore shares, with 5x leverage and a £1,000 margin deposit.

This gives you market exposure of £5,000.

Gain scenario:

If the stock rises by 8%, your position gains 8% × 5 = 40%.

Result: +£400 gain, on a bet of £1,000 (excluding fees).

Final advice

Before investing in Glencore shares, always compare brokers' fees, trading conditions, and additional services to find the best match for your goals. Whether you prefer straightforward share ownership or more active trading via CFDs, your choice should reflect your personal strategy and risk profile. For more detail, refer to our broker comparison further down the page.

7 tips for buying Glencore stock

The latest news about Glencore

Glencore shares rebounded 5.06% in a single day, signalling renewed buying interest on the LSE. On 2 July 2025, Glencore’s share price closed at 306.00 GBp, experiencing a robust intraday jump of 14.75 GBp. This upward move stands out despite a weekly decline of nearly 12%, highlighting strong market support and active institutional participation in the UK.

Glencore’s technical indicators display a “Strong Buy” signal with widespread upward momentum. Currently, 12 out of the main moving averages are in buy territory, while the Relative Strength Index (RSI) is elevated to 77.26, confirming active trading and significant upside pressure. For analysts and traders in the UK, these technicals suggest favourable positioning and short-term strength.

Analyst consensus remains “Buy” to “Strong Buy”, with target prices substantially above current market levels. Recent market research shows a consensus price target around 383–442 GBp, offering significant implied upside versus present prices. A strong majority of analysts maintain positive outlooks, which continues to underpin investor confidence for UK portfolios.

Glencore has announced a $1 billion share buyback programme and a $1.2 billion distribution to shareholders in July 2025. This active return of capital offers a direct benefit for UK-based investors, enhancing total yield and reflecting management’s confidence in the group’s financial health, even while facing challenging market conditions.

Final approval of the Viterra-Bunge merger positions Glencore for greater scale and diversified supply chains. The merger, with all international regulatory approvals secured, including key Chinese authorities, strengthens Glencore’s trading and logistics capabilities, locking in a strategic advantage in the global and UK commodities landscape.

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.