BHP posts record iron ore exports as BHP stock trades at EUR 74.25

Published on 10/16/2026 at 10:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley lifted its target to A$69 on October 12, 2026. BHP stock trades at EUR 74.25 on October 16, 2026 during the German session.

Iron ore volume sets the tone

BHP exported 74.30Mt from Western Australia in the September quarter.
Morgan Stanley raised its 12-month target to A$69 on October 12, 2026.
BHP stock trades at EUR 74.25 at 10:15 a.m. CEST at Lang & Schwarz on October 16, 2026.

BHP, US0886061086, Illustration mit AI erstellt.

BHP Group Limited stock was trading at EUR 74.25 at Lang & Schwarz on October 16, 2026 at 10:15 a.m. CEST. The latest operating signal is a record September-quarter iron ore shipment figure, while Morgan Stanley raised its 12-month target to A$69.

Hellenic Shipping News reported on October 16, 2026 that BHP exported 74.30Mt of iron ore from Western Australia in the September quarter, up 5.50 percent from the prior-year quarter. The volume was the highest fiscal first-quarter shipment figure described in the report.

Three dates frame the stock

The recent chronology is clear. On October 12, 2026, Morgan Stanley renewed its Buy rating and raised its 12-month target from A$68 to A$69, as Motley Fool Australia reported. On October 16, 2026, the September-quarter shipment figure of 74.30Mt provided the newest operating marker. On October 20, 2026, BHP is scheduled to publish its operational review for the quarter ended September 30, 2026.

What does the volume mean?

The 5.50 percent year-over-year increase gives the upcoming review a concrete benchmark. Jimblebar Fines shipments reached a record 15.00Mt, up 28.00 percent year over year, according to Hellenic Shipping News. That mix matters because it links the headline shipment figure to a specific operating recovery rather than to a broad commodity narrative.

The next dated company event is the October 20, 2026 operational review, listed by BHP for the quarter ended September 30, 2026.

Stock quote and investor frame

The operational review will test whether the shipment momentum extended beyond iron ore exports and into production. The analyst target also places copper exposure and execution against growth projects at the center of the valuation discussion, while the current German quote offers a live reference for investors following the New York listing.

BHP stock was trading at EUR 74.25 at Lang & Schwarz on October 16, 2026 at 10:15 a.m. CEST. The primary listing is on the NYSE, where BHP Group Limited trades under ticker BHP.

The further course of trading is shown by the continuously updated real-time quote of BHP stock.