BHP Group Limited (BHP)
NYSE: BHP · Real-Time Price · USD
56.16
+0.43 (0.77%)
Oct 24, 2024, 4:00 PM EDT - Market closed
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 21.08% from the current stock price of 56.16.
Analyst Consensus: Strong Buy
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '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 | +21.08% | 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
53.09B
from 56.03B
Decreased by -5.24%
Revenue Next Year
52.18B
from 53.09B
Decreased by -1.72%
EPS This Year
2.63
from 1.56
Increased by 68.94%
EPS Next Year
2.47
from 2.63
Decreased by -5.97%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 62.4B | 60.8B | 56.6B | |
| Avg | 53.1B | 52.2B | 50.1B | |
| Low | 46.1B | 41.8B | 45.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 11.4% | 14.4% | 8.4% | |
| Avg | -5.2% | -1.7% | -3.9% | |
| Low | -17.8% | -21.2% | -13.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 3.47 | 3.24 | 2.50 | |
| Avg | 2.63 | 2.47 | 2.23 | |
| Low | 2.00 | 1.50 | 1.92 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 123.3% | 23.5% | 1.2% | |
| Avg | 68.9% | -6.0% | -9.6% | |
| Low | 28.9% | -42.8% | -22.2% |
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.