Stock Price & Analysis

Analysis and Insights

To determine whether to buy or sell BHP stock, we analyze both technical and fundamental factors.

Technical Analysis:

BHP's stock price is currently trading at $49.76, near its Fibonacci pivot point of $49.48. The stock is approaching a resistance level at $50.42, which may trigger selling pressure. The RSI of 40 suggests the stock is not oversold, and the MACD indicates a bearish trend, though a potential crossover could signal a shift.

Fundamental Analysis:

BHP's copper exposure is a concern due to weakening copper prices from tariff fears and Chinese demand uncertainty. However, the company is exploring acquisitions to accelerate growth, which could diversify operations and enhance profitability.

Options Analysis:

Selling a put contract at $47.50 offers a 3.16% return if the stock remains above this level, indicating moderate confidence in BHP's stability. The call contract at $50 suggests a 5.87% return if exercised, with a 49% chance of expiring worthless.

Analyst Sentiment:

Analysts have mixed views, with some lowering price targets but others maintaining a positive outlook due to BHP's solid free cash flow and dividend yield.

Conclusion:

Given the current technical and fundamental factors, it is advisable to hold BHP stock. While the company's growth initiatives are promising, macroeconomic headwinds and copper price volatility warrant caution. Monitoring these factors is recommended before making further investment decisions.

BHP stock is predicted to reach $55 by year-end 2025, driven by strong demand for copper and other critical minerals amid the energy transition. The company's strategic positioning in key commodities and expected production growth underpin this outlook.

The S1 support level for BHP Stock is $47.76 ,The R1 resistant level for BHP Stock is $49.88.

As of the end of day on 2025-04-02, the price of BHP Stock was $47.

The target price for BHP Stock according to analyst rating is 51.90, with the highest price target at 56.00 and the lowest at 49.00. Analysts have a Moderate Buy rating on BHP Stock overall.

The market cap of BHP is $242.9B.

BHP's current price of $49.76 reflects balanced valuation metrics amid mixed market sentiment. Jefferies recently lowered its price target to $53 from $57, maintaining a Hold rating, suggesting limited upside potential. While commodity prices are expected to remain stable, BHP's exposure to copper and aluminum could provide modest growth. The stock is fairly valued given its fundamentals and industry outlook. Investors should monitor commodity trends and operational efficiency for future upside.

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.

The price prediction for BHP stock by 2030 is estimated to be around $80 per share. This forecast is based on expectations of rising copper demand for renewable energy and electrification, BHP's expansion into high-demand markets like potash, and the company's strong financial position.

BHP has a total of 39729 employees.