BHP Group Limited stock gains as copper drives earnings shift

Published on 09/18/2026 at 12:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BHP Group Limited stock closed at USD 84.14 on the NYSE on September 16, 2026, while pre-market trading on September 17, 2026, indicated a rebound. Analysts see BHP stock fairly valued with an average price target of USD 75.92 as of September 17, 2026.

BHP, US0886061086, Illustration mit AI erstellt.

BHP Group Limited stock (ISIN US0886061086) traded at USD 84.14 on the NYSE as of September 16, 2026, after slipping 0.74 percent at the prior close, while pre-market indications on September 17, 2026, pointed to a recovery toward USD 85.35 per share based on Nasdaq real-time data.

Copper reshapes BHP earnings profile

According to TradingKey on September 17, 2026, BHP Group Limited stock rose by 3.07 percent as investors reacted to a rebound in iron ore and copper prices, with the broader mineral resources sector gaining 2.67 percent that day.

In its latest fundamental overview, TradingKey cites BHP Group Limited annual revenue of USD 58.76 billion and net profit of USD 9.83 billion for its most recent fiscal year, placing the company among the top earners in the mineral resources industry.

The same analysis from TradingKey notes that copper has surpassed iron ore as the primary contributor to BHP Group Limited underlying earnings, with copper now representing over 54 percent of total group EBITDA compared with a historically iron-ore-driven mix.

Analysts maintain Hold stance on BHP stock

Over the past month, multiple analysts have kept BHP Group Limited stock at Hold, with an average price target of USD 75.92, a high of USD 91.00 and a low of USD 61.50, according to TradingKey on September 17, 2026.

That average target of USD 75.92 stands about 9.8 percent below the September 16, 2026 NYSE close of USD 84.14 cited by Yahoo Finance, suggesting that consensus currently prices in a modest pullback rather than further near-term upside.

Per the same Yahoo Finance snapshot, BHP Group Limited stock traded at USD 85.35 in pre-market dealings on September 17, 2026, implying a 1.38 percent gain from the previous close and indicating that investors were willing to pay a premium above both the prior-day close and the average analyst target.

Operational risks and project delays in view

TradingKey also highlights several company-specific risks, including disclosures from a September 16 ESG roundtable that battery-electric truck trials could cause production downtime of up to 1,000 hours per truck annually under static charging constraints, potentially weighing on fleet productivity and output.

According to the same TradingKey report, an SEC Form 6-K filing dated September 16, 2026, confirmed that BHP Group Limited Escondida Boiler Diesel Displacement project missed its original fiscal year 2026 completion milestone and is now expected to reach full execution in fiscal year 2027.

The same overview from TradingKey points to heightened copper market volatility and proposed United States tariffs on refined copper as a key external risk, given that copper now accounts for more than half of BHP Group Limited EBITDA and thus materially influences valuation.

BHP stock price context and investor perspective

BHP Group Limited stock closed at USD 84.14 on the NYSE on September 16, 2026, with a 0.74 percent decline on the day and pre-market trading at USD 85.35 on September 17, 2026, in Nasdaq real-time indications, positioning the stock slightly above the consensus analyst price target of USD 75.92 and reflecting optimism about its copper exposure balanced against execution and policy risks.