BHP Group (BHP) Stock Forecast & Price Target

Q: What analysts cover BHP Group?

BHP Group has been rated by research analysts at Citigroup , Weiss Ratings , and Zacks Research in the past 90 days.

$82.40 -0.86 (-1.03%)

As of 12:24 PM Eastern

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

Consensus Rating

Hold

Based on 11 Analyst Ratings

Sell
0

Hold
8

Buy
3

Based on 11 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 11 analysts, 8 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for BHP.

Consensus Price Target

$78.00
-5.34% Downside

According to the 11 analysts' twelve-month price targets for BHP Group, the average price target is $78.00. The highest price target for BHP is $95.00, while the lowest price target for BHP is $48.00. The average price target represents a forecasted downside of -5.34% from the current price of $82.40.

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

Type	Current Forecast 10/15/25 to 10/15/26	1 Month Ago 9/15/25 to 9/15/26	3 Months Ago 7/17/25 to 7/17/26	1 Year Ago 10/15/24 to 10/15/25
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	0 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	10 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$78.00	$95.25	$85.00	$81.33
Forecasted Upside	-5.34% Downside	12.31% Upside	5.30% Upside	43.65% Upside
Consensus Rating	Hold	Hold	Hold	Hold

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.

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.

BHP Group Stock vs. The Competition

Type	BHP Group	Materials Companies	Broader Market
Consensus Rating Score	2.36	2.57	2.53
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-6.22% Downside	166.55% Upside	19.53% Upside
News Sentiment Rating	Neutral News See Recent BHP News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

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Upside/Downside

Action

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
10/13/2026	Citigroup 4 of 5 stars		Reiterated Rating	Neutral
8/18/2026	Weiss Ratings 3 of 5 stars		Upgrade	Hold (C) ➝ Hold (C+)
7/22/2026	Zacks Research 4 of 5 stars		Downgrade	Strong-Buy ➝ Hold
7/2/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access to unlock brokerage rankings		Reiterated Rating	Buy
6/22/2026	Bank of America Subscribe to MarketBeat All Access to unlock brokerage rankings	Jason Fairclough Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Neutral	$93.00 ➝ $91.00	+5.65%
5/28/2026	DZ Bank Subscribe to MarketBeat All Access to unlock brokerage rankings		Upgrade	Strong Sell ➝ Hold
4/27/2026	Argus Subscribe to MarketBeat All Access to unlock brokerage rankings		Set Target		$95.00	+19.44%
4/17/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access to unlock brokerage rankings		Upgrade	Hold ➝ Strong-Buy
4/2/2026	Berenberg Bank Subscribe to MarketBeat All Access to unlock brokerage rankings		Upgrade	Sell ➝ Hold
3/9/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access to unlock brokerage rankings	Bob Brackett Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Market Perform	$49.50 ➝ $48.00	-32.77%
Get the Latest News and Ratings for BHP and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for BHP Group and its competitors with MarketBeat's FREE daily newsletter.
10/23/2025	Royal Bank Of Canada Subscribe to MarketBeat All Access to unlock brokerage rankings		Reiterated Rating	Sector Perform
9/15/2025	BNP Paribas Exane Subscribe to MarketBeat All Access to unlock brokerage rankings		Initiated Coverage	Underperform	$147.00	+73.32%
8/18/2025	Oddo Bhf Subscribe to MarketBeat All Access to unlock brokerage rankings		Reiterated Rating	Hold
7/27/2025	BMO Capital Markets Subscribe to MarketBeat All Access to unlock brokerage rankings		Downgrade	Outperform ➝ Market Perform
7/18/2025	Macquarie Infrastructure Subscribe to MarketBeat All Access to unlock brokerage rankings	Robert Stein Subscribe to MarketBeat All Access to unlock analyst rankings	Downgrade	Outperform ➝ Neutral
2/28/2025	Clarkson Capital Subscribe to MarketBeat All Access to unlock brokerage rankings	H. Lund Subscribe to MarketBeat All Access to unlock analyst rankings	Upgrade	Strong-Buy
1/6/2025	Jefferies Financial Group Subscribe to MarketBeat All Access to unlock brokerage rankings		Lower Target	Hold	$57.00 ➝ $53.00	+8.58%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:24 PM 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 Monday, October 12, 2026. Please send any questions or comments about these BHP Group pros and cons to contact@marketbeat.com.

BHP Group
Bull Case

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

BHP Group Limited is currently trading at $86.78, a price that sits well above its 200-day moving average of $84.46, indicating that recent momentum has been positive and the stock has successfully crossed above this key long-term technical support level in early October 2026.
The company offers a substantial dividend yield of 4.53%, providing investors with a significant income stream that is attractive compared to many other large-cap resource stocks, especially given the recent dividend payment of $1.98 per share in September 2026.
BHP Group Limited is positioned to benefit from the growing demand for copper driven by the AI boom and electrification trends, as copper is an essential metal for electronics and renewable energy technologies, which supports the company's long-term growth narrative.
Institutional investors have shown renewed interest in the stock, with Legacy Wealth Asset Management LLC increasing its stake by 119.7% in the third quarter and other firms like Tidal Investments LLC and QRG Capital Management Inc. also boosting their positions, suggesting confidence in the company's future performance.
The stock has demonstrated strong price appreciation over the past year, rising from a 52-week low of $52.18 to a high of $98.71, reflecting a significant recovery and upward trend that has attracted new buyers and positive analyst attention.

BHP Group
Bear Case

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

The consensus recommendation from eleven analysts is "Hold," with eight analysts rating the stock as hold and only two issuing buy recommendations, indicating that Wall Street is cautious about further upside potential at current price levels.
The average 12-month price target among analysts is $78.00, which is below the current stock price of $86.78, suggesting that the stock may be overvalued relative to analyst expectations and could face downward pressure.
Iron ore prices have fallen to about $91 a tonne, hitting more than 10-year lows due to weak Chinese demand, which poses a significant risk to BHP Group Limited's revenue and earnings since iron ore is a major part of its portfolio.
Supervisors at BHP's Escondida copper mine in Chile rejected a collective contract offer in late September 2026, paving the way for a potential strike that could disrupt production at the world's largest copper mine and impact the company's output.
Short interest in the stock has increased slightly, with shares shorted rising to 20,996,270 in September 2026 from 17,256,689 in the previous month, indicating that some investors are betting against the stock's future performance.

BHP Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for BHP Group is $78.00, with a high forecast of $95.00 and a low forecast of $48.00.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BHP Group in the last twelve months. There are currently 8 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 -5.34% based on their 12-month stock forecasts.

Over the previous 90 days, BHP Group's stock had 1 upgrade and 1 downgrade by analysts.

BHP Group has been rated by research analysts at Citigroup, Weiss Ratings, and Zacks Research 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.

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Brokerages With BHP Group Recommendations

MarketBeat monitors more than a dozen sources for BHP Group analyst ratings, with the most recent rating issued on 10/13/2026.

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BHP Group (BHP) Stock Forecast & Price Target