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NYSE: BHP
BHP Group Ltd Stock Forecast, Predictions & Price Target

Analyst price target for BHP

Based on 2 analysts offering 12 month price targets for BHP Group Ltd.
Min Forecast
$55.00-22.24%
Avg Forecast
$71.00+0.38%
Max Forecast
$87.00+23%

Should I buy or sell BHP stock?

Buy
Strong Buy
2 analysts 33.33%
Buy
1 analysts 16.67%
Hold
2 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 16.67%

BHP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
David Coleman
Argus Research
Strong BuyUpgrades$87.00+23.00%2021-03-09
Chris LaFemina
Jefferies
Strong BuyUpgrades$55.00-22.24%2020-09-16
Anonymous
Credit Suisse
BuyUpgradesN/AN/A2020-09-30
Myles Allsop
UBS
HoldDowngradesN/AN/A2021-03-31
Carsten Riek
Credit Suisse
HoldDowngradesN/AN/A2021-02-02
Ben Davis
Liberum
Strong SellDowngradesN/AN/A2021-02-02

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Forecast return on equity

Is BHP forecast to generate an efficient return?
Company
31.34%
Industry
36.56%
Market
32,369.88%
BHP's Return on Equity is forecast to be high in 3 years (31.34%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is BHP forecast to generate an efficient return on assets?
Company
14.34%
Industry
11.21%
Market
11,660.33%
BHP is forecast to generate higher Return on Assets (14.34%) than the US Basic Materials industry average (11.21%)
Forecast

BHP earnings per share forecast

What is BHP's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$6.33+302.26%
Avg 2 year Forecast
$7.25+360.9%
Avg 3 year Forecast
$6.23+295.74%
BHP's earnings are forecast to grow at an exceptional rate of 62.04% per year
Forecast

BHP revenue forecast

What is BHP's revenue in the next 3 years based on estimates from 1 analysts?
Avg 1 year Forecast
$59.4B+38.37%
Avg 2 year Forecast
$63.6B+48.24%
Avg 3 year Forecast
$59.0B+37.43%
BHP's revenue is forecast to grow at a rate of 12.1% per year, which is not exceptional
Forecast

BHP earnings growth forecast

How is BHP forecast to perform vs Basic Materials companies and vs the US market?
Company
62.04%
Industry
28.43%
Market
23.13%
BHP's earnings are forecast to grow faster (62.04% per year) than the US Basic Materials industry average (28.43%)
Forecast
BHP's earnings are forecast to grow faster (62.04% per year) than the US market average (23.13%)
Forecast
BHP's earnings are forecast to grow faster (62.04% per year) than the risk-free savings rate (1.7%)
Forecast

BHP revenue growth forecast

How is BHP forecast to perform vs Basic Materials companies and vs the US market?
Company
12.1%
Industry
6.57%
Market
15.05%
BHP's revenues are forecast to grow faster (12.1% per year) than the US Basic Materials industry average (6.57%)
Forecast
BHP's revenues are forecast to grow slower (12.1% per year) than the US market average (15.05%)
Forecast

BHP Group Ltd Stock Forecast FAQ

Is BHP Group Ltd Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 6 Wall Street analysts covering (NYSE: BHP) stock is to Buy BHP stock.

Out of 6 analysts, 2 (33.33%) are recommending BHP as a Strong Buy, 1 (16.67%) are recommending BHP as a Buy, 2 (33.33%) are recommending BHP as a Hold, 0 (0%) are recommending BHP as a Sell, and 1 (16.67%) are recommending BHP as a Strong Sell.

What is BHP's earnings growth forecast for 2021-2023?

(NYSE: BHP) BHP Group Ltd's forecast annual earnings growth rate of 62.04% is forecast to beat the US Basic Materials industry's average forecast earnings growth rate of 28.43%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 23.13%.

BHP Group Ltd's earnings in 2021 is $7,956,000,000.On average, 4 Wall Street analysts forecast BHP's earnings for 2021 to be $18,639,874,696, with the lowest BHP earnings forecast at $16,202,182,667, and the highest BHP earnings forecast at $20,974,461,925. On average, 3 Wall Street analysts forecast BHP's earnings for 2022 to be $21,357,422,607, with the lowest BHP earnings forecast at $18,882,907,436, and the highest BHP earnings forecast at $24,921,902,793.

In 2023, BHP is forecast to generate $18,337,924,928 in earnings, with the lowest earnings forecast at $15,966,514,555 and the highest earnings forecast at $20,709,335,300.

What is BHP's revenue growth forecast for 2021-2023?

(NYSE: BHP) BHP Group Ltd's forecast annual revenue growth rate of 12.1% is forecast to beat the US Basic Materials industry's average forecast revenue growth rate of 6.57%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 15.05%.

BHP Group Ltd's revenue in 2021 is $42,931,000,000.On average, 1 Wall Street analysts forecast BHP's revenue for 2021 to be $174,994,914,331,467, with the lowest BHP revenue forecast at $174,994,914,331,467, and the highest BHP revenue forecast at $174,994,914,331,467. On average, 1 Wall Street analysts forecast BHP's revenue for 2022 to be $187,477,164,233,666, with the lowest BHP revenue forecast at $187,477,164,233,666, and the highest BHP revenue forecast at $187,477,164,233,666.

In 2023, BHP is forecast to generate $173,803,553,110,705 in revenue, with the lowest revenue forecast at $173,803,553,110,705 and the highest revenue forecast at $173,803,553,110,705.

What is BHP's forecast return on assets (ROA) for 2021-2024?

(NYSE: BHP) forecast ROA is 14.34%, which is higher than the forecast US Basic Materials industry average of 11.21%.

What is BHP's Price Target?

According to 2 Wall Street analysts that have issued a 1 year BHP price target, the average BHP price target is $71.00, with the highest BHP stock price forecast at $87.00 and the lowest BHP stock price forecast at $55.00.

On average, Wall Street analysts predict that BHP Group Ltd's share price could stay at $71.00 by Mar 31, 2022. The average BHP Group Ltd stock price prediction forecasts a potential downside of N/A from the current BHP share price of $70.73.

What is BHP's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: BHP) BHP Group Ltd's current Earnings Per Share (EPS) is $1.57. On average, analysts forecast that BHP's EPS will be $6.33 for 2021, with the lowest EPS forecast at $5.50, and the highest EPS forecast at $7.12. On average, analysts forecast that BHP's EPS will be $7.25 for 2022, with the lowest EPS forecast at $6.41, and the highest EPS forecast at $8.46. In 2023, BHP's EPS is forecast to hit $6.23 (min: $5.42, max: $7.03).

What is BHP's forecast return on equity (ROE) for 2021-2024?

(NYSE: BHP) forecast ROE is 31.34%, which is considered strong.
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