By September 2027, BHP shares could turn $10,000 into…

Will BHP shares be a gold mine for returns in the year ahead?

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The BHP Group Ltd (ASX: BHP) share price is an interesting investment proposition to consider, given how much it has risen in recent times. In the last year, the ASX mining share has risen by a whopping 55%.

There are some great reasons why the company has gone up so much. Its operational performance has been strong, and commodity prices have been supportive of the company's earnings performance.

Not only does the business continue to produce pleasing levels of resources, but it's possible the company could continue to deliver for shareholders.

Let's look at how good the latest result was from the business and what could happen next with a $10,000 investment.

A fortune teller looks into a crystal ball in an office surrounded by business people.

Image source: Getty Images

Strong FY26 result

The ASX mining share recently reported its result for the 12 months to 30 June 2026.

It revealed that revenue grew by 15% to US$58.8 billion. This helped the company's underlying operating profit (EBITDA) grow by 27% to $32.9 billion. Underlying attributable net profit increased by 30% to US$13.2 billion, while attributable profit rose by 9% US$9.8 billion.

All of this allowed the business to increase its final dividend to US 99 cents per share and the annual dividend per share was hiked to US$1.72. This full-year dividend comes to US$8.7 billion.

Copper was the key driver of its earnings growth. The average realised price rose 35% to US$5.74 per pound, helping underlying operating profit (EBITDA) rise 48% to US$18.2 billion. Global copper demand is expected to grow by 2.8% in the 2026 calendar year.

BHP expects global copper demand to grow from around 34mt per annum today to more than 50mt per annum by the 2050 calendar year.

There are multiple growth drivers for copper, including traditional economic growth (home building, electrical equipment and household appliances), the energy transition (renewables and electric vehicles) and digital (artificial intelligence and data centres).

BHP said current expectations are that copper demand associated with investment in data centres could grow around "sixfold" between 2024 and 2050, up to around 3mt per annum.

What could happen with a $10,000 investment in BHP shares?

Past performance is not a guarantee of future performance, particularly when it comes to a volatile/cyclical business like an ASX mining share.

According to CMC Invest, there have been 14 ratings on the business within the last three months, with the FY26 result giving investors a significant reason to update their views on the business.

The average price target of those ratings is $58.56, suggesting a possible decline of 13% over the next year. Even the most positive price target suggests the BHP share price will be flat in a year from now.

Given that projected decline, a $10,000 investment could drop in value to $8,700.

Therefore, experts are suggesting the BHP share price isn't the best place to invest. Instead, investors should look for more compelling opportunities.

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Resources Shares

Two miners at a mine site on their tablets, with mining machinery behind them.
Resources Shares

$10,00 invested in Rio Tinto and Fortescue shares 3 years ago is now worth…

Here’s how the three-returns from a $10,000 investment in Rio Tinto and Fortescue shares compare.

Read more »

Businessman studying a high technology holographic stock market chart.
Resources Shares

CEO sells $3.9 million of shares. Should investors be worried?

A big insider sale has caught investors’ attention.

Read more »

Two workers working with a large copper coil in a factory.
Resources Shares

Down almost 10%! Why are ASX copper shares tanking?

The market for the industrial metal has been shaken.

Read more »

Two miners laughing and having fun while using smart phone during their coffee break.
Resources Shares

St Barbara share price on watch after a huge announcement

Investors could be in line for another big capital return.

Read more »

Calculator and gold bars on Australian dollars, symbolising dividends.
Resources Shares

West African Resources delivers profit surge and special dividend in H1 2026

West African Resources delivered strong first-half earnings, record profit, and a special dividend for shareholders as gold output surged.

Read more »

happy mining worker fortescue share price
Resources Shares

How much could the Fortescue share price rise in the next year?

Let’s dig into what Fortescue could achieve.

Read more »

Female miner uses mobile phone at mine site
Broker Notes

Up 62% in a year are BHP shares now a buy, hold or sell?

A leading analyst provides his outlook for BHP’s surging shares.

Read more »

Young man in shirt and tie staring at his laptop screen watching the Paladin Energy share price tank today
Resources Shares

South32 shares reach fresh 52-week high: Can they keep climbing?

Find out what brokers tip next.

Read more »