WallStreetZen

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
$55.00-27.51%
Avg Forecast
$71.00-6.42%
Max Forecast
$87.00+14.67%

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+14.67%2021-03-09
Chris LaFemina
Jefferies
Strong BuyUpgrades$55.00-27.51%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

1 of 1

Forecast return on equity

Is BHP forecast to generate an efficient return?
Company
35.27%
Industry
-41.05%
Market
61.36%
BHP's Return on Equity is forecast to be high in 3 years (35.27%); 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
16.14%
Industry
11.93%
Market
18.86%
BHP is forecast to generate higher Return on Assets (16.14%) than the US Basic Materials industry average (11.93%)
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
$6.59+318.63%
Avg 2 year Forecast
$8.87+464.1%
Avg 3 year Forecast
$6.57+317.67%
BHP's earnings are forecast to grow at an exceptional rate of 69.59% 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
$58.5B+36.2%
Avg 2 year Forecast
$63.2B+47.2%
Avg 3 year Forecast
$58.6B+36.44%
BHP's revenue is forecast to grow at a rate of 11.89% 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
69.59%
Industry
28.07%
Market
19.7%
BHP's earnings are forecast to grow faster (69.59% per year) than the US Basic Materials industry average (28.07%)
Forecast
BHP's earnings are forecast to grow faster (69.59% per year) than the US market average (19.7%)
Forecast
BHP's earnings are forecast to grow faster (69.59% per year) than the risk-free savings rate (1.5%)
Forecast

BHP revenue growth forecast

How is BHP forecast to perform vs Basic Materials companies and vs the US market?
Company
11.89%
Industry
6.87%
Market
14.58%
BHP's revenues are forecast to grow faster (11.89% per year) than the US Basic Materials industry average (6.87%)
Forecast
BHP's revenues are forecast to grow slower (11.89% per year) than the US market average (14.58%)
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 69.59% is forecast to beat the US Basic Materials industry's average forecast earnings growth rate of 28.07%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 19.7%.

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 $19,398,431,429, with the lowest BHP earnings forecast at $17,675,108,364, and the highest BHP earnings forecast at $21,593,090,718. On average, 3 Wall Street analysts forecast BHP's earnings for 2022 to be $26,139,423,174, with the lowest BHP earnings forecast at $20,414,750,160, and the highest BHP earnings forecast at $32,816,784,529.

In 2023, BHP is forecast to generate $19,354,243,659 in earnings, with the lowest earnings forecast at $17,851,859,448 and the highest earnings forecast at $20,856,627,870.

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

(NYSE: BHP) BHP Group Ltd's forecast annual revenue growth rate of 11.89% is forecast to beat the US Basic Materials industry's average forecast revenue growth rate of 6.87%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.58%.

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 $172,255,567,120,186, with the lowest BHP revenue forecast at $172,255,567,120,186, and the highest BHP revenue forecast at $172,255,567,120,186. On average, 1 Wall Street analysts forecast BHP's revenue for 2022 to be $186,159,867,865,811, with the lowest BHP revenue forecast at $186,159,867,865,811, and the highest BHP revenue forecast at $186,159,867,865,811.

In 2023, BHP is forecast to generate $172,558,871,979,713 in revenue, with the lowest revenue forecast at $172,558,871,979,713 and the highest revenue forecast at $172,558,871,979,713.

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

(NYSE: BHP) forecast ROA is 16.14%, which is higher than the forecast US Basic Materials industry average of 11.93%.

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 $75.87.

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 $6.59 for 2021, with the lowest EPS forecast at $6.00, and the highest EPS forecast at $7.33. On average, analysts forecast that BHP's EPS will be $8.87 for 2022, with the lowest EPS forecast at $6.93, and the highest EPS forecast at $11.14. In 2023, BHP's EPS is forecast to hit $6.57 (min: $6.06, max: $7.08).

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

(NYSE: BHP) forecast ROE is 35.27%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.