Jefferies Remains Bullish on Vale S.A. (VALE) Following Strong Q3 Results

Vale S.A. (NYSE:VALE) is one of the 12 deep value stocks to invest in. On November 3, 2025, Jefferies raised its price target on Vale S.A. (NYSE:VALE) from $14 to $15, while maintaining a “Buy” rating. The investment firm’s bullish sentiment stems from the company’s strong Q3 results, which surpassed analyst expectations. The firm’s confidence was bolstered by the company’s operational discipline, as it highlighted Vale’s $14 billion LTM EBITDA, strong free cash flow yield, and reduction in net debt. Within the iron ore market, the investment firm sees the company as its top pick, as it expects Vale to potentially generate increased capital returns through improved financial strength and lower unit costs in copper and nickel. Meanwhile, on October 30, 2025, Vale S.A. (NYSE:VALE) released its Q3 results. The quarter saw a 17% YoY EBITDA growth to $4.4 billion, supported well by strong iron ore and base metals output and cost efficiencies. While iron ore production hit 94 million tons, the highest Q3 output since 2018, copper and nickel costs reached multi-year lows. Vale S.A. (NYSE:VALE), a global mining company, is focused on the production of iron ore, nickel, copper, and related by-products. While we acknowledge the potential of VALE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 7 Best Oil and Gas Penny Stocks to Buy According to Analysts and Billionaire Jacob Rothschild’s RIT Capital Partners: 9 Stocks with Huge Upside Potential. Disclosure: None.