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BHP Group (BHP) Stock Forecast & Price Target

BHP Group logo
GBX 3,214 +56.00 (+1.77%)
As of 10/2/2026 12:00 PM Eastern

BHP Group - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
6
Buy
0

Based on 6 Wall Street analysts who have issued ratings for BHP Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 6 have given a hold rating for BHP.

Consensus Price Target

GBX 3,116.67
According to the 6 analysts' twelve-month price targets for BHP Group, the average price target is GBX 3,116.67. The highest price target for BHP is GBX 3,400, while the lowest price target for BHP is GBX 2,700. The average price target represents a forecasted downside of -3.03% from the current price of GBX 3,214.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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BHP Analyst Ratings Over Time

TypeCurrent Forecast
10/4/25 to 10/4/26
1 Month Ago
9/4/25 to 9/4/26
3 Months Ago
7/6/25 to 7/6/26
1 Year Ago
10/4/24 to 10/4/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetGBX 3,116.67GBX 8,391.67GBX 9,230GBX 1,920
Consensus RatingHoldHoldHoldReduce

BHP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

BHP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

BHP Group Stock vs. The Competition

TypeBHP GroupMaterials Companies
Consensus Rating Score
2.00
2.57
Consensus RatingHoldModerate Buy
News Sentiment Rating
Negative News

See Recent BHP News
Neutral News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
9/10/2026
Citigroup Inc. logo
Citigroup
4 of 5 stars
 Boost TargetNeutralGBX 3,250 ➝ GBX 3,350-0.45%
8/19/2026 Reiterated RatingHoldGBX 2,700-18.58%
8/19/2026
Berenberg Bank logo
Berenberg Bank
2 of 5 stars
 Reiterated RatingHoldGBX 3,400+2.53%
8/18/2026 Reiterated RatingHoldGBX 3,350+2.86%
8/17/2026 Reiterated RatingSector performGBX 2,900-10.96%
7/10/2026 Lower TargetNeutralGBX 3,400 ➝ GBX 3,000-0.79%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 11:32 AM ET.


Should I Buy BHP Group Stock? BHP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, October 2, 2026. Please send any questions or comments about these BHP Group pros and cons to contact@marketbeat.com.

BHP Group
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in BHP Group Limited:

  • BHP Group Limited is currently trading at $3214.00, which represents a significant recovery from its 52-week low of $1971.00, indicating strong momentum and potential for continued value appreciation as the stock approaches its 52-week high of $3589.00.
  • The company offers a compelling dividend yield of 4.05%, providing investors with a steady stream of passive income that is attractive in the current market environment, especially given the recent final dividend of US$0.99 per share for FY2026.
  • BHP Group Limited is strategically positioned to benefit from global decarbonization trends through its production of copper for renewable energy and potash for sustainable farming, aligning its portfolio with long-term mega-trends in infrastructure and energy transition.
  • With a beta of 0.84, the stock exhibits lower volatility compared to the broader market, making it a potentially stable investment option for risk-averse investors seeking exposure to the resources sector without excessive price swings.
  • Recent institutional activity, including significant share additions by major firms like Citigroup and Price T. Rowe Associates in Q2 2026, suggests growing confidence among large investors in the company's long-term prospects and operational resilience.

BHP Group
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in BHP Group Limited for these reasons:

  • Recent operational disruptions, including the suspension of mining activities at the Escondida copper mine in Chile following a fatal accident, pose immediate risks to production volumes and may lead to increased safety compliance costs and regulatory scrutiny.
  • The consensus rating from six research firms is "Hold," with an average 12-month price objective of GBX 3,116.67, which is below the current stock price, suggesting that analysts believe the stock may be overvalued or has limited short-term upside potential.
  • Concerns regarding iron ore demand, particularly from China, and trade friction in Pilbara supply discussions have pressured shares, indicating that BHP Group Limited remains exposed to geopolitical risks and volatile commodity pricing in its core business.
  • The company faces rising capital costs, which could erode profit margins and reduce the efficiency of its capital allocation strategy, potentially impacting future returns on investment for shareholders.
  • Despite its strong position, BHP Group Limited has a debt-to-equity ratio of 53.26, which, while manageable, requires careful monitoring to ensure that the company can maintain its financial flexibility and dividend payments in a challenging economic environment.

BHP Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for BHP Group is GBX 3,116.67, with a high forecast of GBX 3,400 and a low forecast of GBX 2,700.

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BHP Group in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BHP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BHP, but not buy additional shares or sell existing shares.

According to analysts, BHP Group's stock has a predicted downside of -3.03% based on their 12-month stock forecasts.

BHP Group has been rated by research analysts at Berenberg Bank, Citigroup, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group, JPMorgan Chase & Co., and Royal Bank Of Canada in the past 90 days.

Analysts like BHP Group less than other "materials" companies. The consensus rating for BHP Group is Hold while the average consensus rating for "materials" companies is Moderate Buy. Learn more on how BHP compares to other companies.


MarketBeat monitors more than a dozen sources for BHP Group analyst ratings, with the most recent rating issued on 9/10/2026.
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