BHP stock: Jansen reaches 87.00 percent completion. UBS sets AUD 62.00 target for BHP stock

Published on 10/21/2026 at 16:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Iron ore output rose 4.00 percent to 66.50 million tonnes in fiscal 2027. BHP stock costs EUR 72.25 on October 21, 2026 at Lang & Schwarz.

Jansen progress and production

Jansen Stage 1 was 87.00 percent complete on October 20, 2026.
BHP reported iron ore production of 66.50 million tonnes, up 4.00 percent year over year in the first quarter of fiscal 2027.
BHP stock costs EUR 72.25 at Lang & Schwarz on October 21, 2026 at 4:06 p.m. CEST.

BHP, US0886061086, Illustration mit AI erstellt.

BHP Group's Jansen Stage 1 potash project was 87.00 percent complete on October 20, 2026, while UBS maintained a Hold rating and set an AUD 62.00 price target, according to Business Insider. At Lang & Schwarz, the stock was trading at EUR 72.25 on October 21, 2026 at 4:06 p.m. CEST.

Jansen adds a growth marker

The project is on track for first production in mid-2027, according to BHP's operational review dated October 20, 2026, published through Investegate. The report places Jansen at 87.00 percent completion and describes potash as a new commodity in BHP's growth portfolio.

Iron ore output rises 4.00 percent

BHP produced 66.50 million tonnes of iron ore in the first quarter of fiscal 2027, up 4.00 percent from the same period a year earlier. Western Australia Iron Ore production rose 4.00 percent to 64.30 million tonnes, while the company kept full-year production guidance at 253.00 million to 264.00 million tonnes.

Valuation and upcoming milestones

BHP's market capitalization was USD 206.8 billion as of October 21, 2026. Its NYSE quotation was USD 81.38 at 2:19 p.m. UTC on October 21, 2026, with a trailing price-to-earnings ratio of 21.30 and a 52-week range of USD 52.18 to USD 98.71. Investing.com identifies BHP as a NYSE-listed company.

What the operating figures mean

The first-quarter figures show a mixed operating picture: iron ore volumes improved, while copper production fell 19.00 percent to 400.70 thousand tonnes. The copper decline reflected planned grade reductions, maintenance, severe weather in Chile, safety stoppages and a conveyor failure at Carrapateena. Copper production guidance for fiscal 2027 remained 1,650.00 thousand to 1,800.00 thousand tonnes.

Stock position

For investors, Jansen's construction progress provides a dated expansion marker alongside the near-term production figures. The operational review also reported that average realized copper prices reached USD 7.01 per pound in the first quarter, up 53.00 percent from the prior-year quarter.

The stock was trading at EUR 72.25 at Lang & Schwarz on October 21, 2026 at 4:06 p.m. CEST.

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