BHP Group Limited (BHP)
NYSE: BHP · Real-Time Price · USD
52.27
-0.41 (-0.78%)
At close: Nov 20, 2024, 4:00 PM
51.46
-0.81 (-1.55%)
Pre-market: Nov 21, 2024, 5:49 AM EST
BHP Group Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for BHP Group stock has a target of 68, which predicts an increase of 30.09% from the current stock price of 52.27.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 4, 2024.
Analyst Ratings
The average analyst rating for BHP Group stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $72 → $68 | Strong Buy → Hold | Downgrades | $72 → $68 | +30.09% | Oct 4, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | May 31, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Mar 14, 2024 |
| UBS | UBS | Strong Sell → Hold Upgrades n/a | Strong Sell → Hold | Upgrades | n/a | n/a | Oct 6, 2023 |
| Bernstein | Bernstein | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Sep 25, 2023 |
Financial Forecast
Revenue This Year
52.69B
from 56.03B
Decreased by -5.96%
Revenue Next Year
51.87B
from 52.69B
Decreased by -1.55%
EPS This Year
2.31
from 1.56
Increased by 48.61%
EPS Next Year
2.30
from 2.31
Decreased by -0.43%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 60.3B | 63.6B | 54.8B | |
| Avg | 52.7B | 51.9B | 49.7B | |
| Low | 46.1B | 41.8B | 45.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 7.6% | 20.8% | 5.7% | |
| Avg | -6.0% | -1.5% | -4.2% | |
| Low | -17.8% | -20.6% | -13.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 3.06 | 3.17 | 2.58 | |
| Avg | 2.31 | 2.30 | 2.04 | |
| Low | 1.90 | 1.50 | 1.20 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 96.8% | 37.4% | 12.2% | |
| Avg | 48.6% | -0.4% | -11.2% | |
| Low | 22.3% | -35.0% | -47.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.