BHP Group Ltd's stock rose by 3.01% as it reached a 52-week high, reflecting strong investor confidence in the company's performance.
The catalyst for this price movement is BHP's announcement of a record iron ore production of 263 Mt for FY2025, surpassing its guidance and marking a 1% year-over-year increase. This achievement solidifies BHP's leadership in the global iron ore market and sets a strong foundation for future growth. Additionally, the company's strategic shift towards base metals, with plans to allocate nearly 70% of its capital expenditure to copper and potash, indicates a proactive approach to capitalize on long-term demand driven by global electrification and population growth.
BHP's strong production figures and strategic investments position the company favorably in the market, enhancing its competitive edge and attracting investor interest.
Wall Street analysts forecast BHP stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BHP is 54.88 USD with a low forecast of 48.00 USD and a high forecast of 68.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
Wall Street analysts forecast BHP stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BHP is 54.88 USD with a low forecast of 48.00 USD and a high forecast of 68.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
1 Hold
1 Sell
Hold
Current: 67.770
Low
48.00
Averages
54.88
High
68.00
Current: 67.770
Low
48.00
Averages
54.88
High
68.00
JPMorgan
Dominic O'Kane
Neutral
maintain
2026-01-21
Reason
JPMorgan
Dominic O'Kane
Price Target
AI Analysis
2026-01-21
maintain
Neutral
Reason
JPMorgan analyst Dominic O'Kane raised the firm's price target on BHP Group to 2,400 GBp from 2,300 GBp and keeps a Neutral rating on the shares.
Argus
Hold
to
Buy
upgrade
$68
2025-12-30
Reason
Argus
Price Target
$68
2025-12-30
upgrade
Hold
to
Buy
Reason
Argus upgraded BHP Group to Buy from Hold with a $68 price target.
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Argus
John Eade
Hold
to
Buy
upgrade
$68
2025-12-30
Reason
Argus
John Eade
Price Target
$68
2025-12-30
upgrade
Hold
to
Buy
Reason
Argus analyst John Eade upgraded BHP Group to Buy from Hold with a $68 price target. The firm says iron ore, copper, and coal prices, which drive BHP's results, are "firming as the global economy picks up." From a technical standpoint, BHP appears are reversing a bearish pattern of lower highs and lower lows that dates to March 2022, the analyst tells investors in a research note.
Argus
NULL -> Buy
upgrade
$60.86
2025-12-30
Reason
Argus
Price Target
$60.86
2025-12-30
upgrade
NULL -> Buy
Reason
BHP Group up 1% to $60.86 after Argus upgrades to Buy
About BHP
BHP Group Limited is an Australia-based resources company. The Company is a producer of commodities, including iron ore, copper, nickel, potash and metallurgical (steelmaking) coal. It is focused on offering a range of resources, which provides copper for renewable energy; nickel for electric vehicles; potash for sustainable farming, and iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition. Its segments include Copper, Iron Ore, and Coal. Its Copper segment is engaged in mining of copper, silver, zinc, molybdenum, uranium, and gold. Its Iron Ore segment is engaged in mining of iron ore. Its Coal segment is engaged in mining of metallurgical coal and energy coal. The Company is also focused on operating Olympic Dam, Prominent Hill, and Carrapateena underground copper-gold mines in South Australia. Its operations are situated in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
