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Home โบ Stocks โบ Baker Hughes Company (BKR) Stock Forecast & Price Prediction United States | NASDAQ | Energy | Oil & Gas Equipment & Services
$39.04
+0.41 (1.06%)Did BKR Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Baker Hughes is one of their latest high-conviction picks.
Based on our analysis of 32 Wall Street analysts, BKR has a bullish consensus with a median price target of $46.00 (ranging from $39.00 to $56.00). The overall analyst rating is Strong Buy (8.5/10). Currently trading at $39.04, the median forecast implies a 17.8% upside. This outlook is supported by 22 Buy, 5 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Keith Mackey at RBC Capital, suggesting a 0.1% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for BKR.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 16, 2025 | Morgan Stanley | Connor Lynagh | Overweight | Maintains | $45.00 |
Apr 24, 2025 | Barclays | David Anderson | Overweight | Maintains | $48.00 |
Apr 24, 2025 | Piper Sandler | Derek Podhaizer | Overweight | Maintains | $50.00 |
Apr 24, 2025 | Susquehanna | Charles Minervino | Positive | Maintains | $46.00 |
Apr 24, 2025 | Evercore ISI Group | James West | Outperform | Maintains | $50.00 |
Apr 24, 2025 | RBC Capital | Keith Mackey | Outperform | Maintains | $46.00 |
Apr 24, 2025 | Stifel | Stephen Gengaro | Buy | Maintains | $50.00 |
Apr 24, 2025 | TD Securities | Marc Bianchi | Buy | Maintains | $49.00 |
Apr 15, 2025 | Stifel | Stephen Gengaro | Buy | Maintains | $52.00 |
Apr 14, 2025 | Susquehanna | Charles Minervino | Positive | Maintains | $48.00 |
Apr 8, 2025 | Citigroup | Scott Gruber | Buy | Maintains | $53.00 |
Apr 7, 2025 | Piper Sandler | Overweight | Maintains | $0.00 | |
Mar 31, 2025 | Barclays | David Anderson | Overweight | Maintains | $54.00 |
Feb 11, 2025 | Benchmark | Kurt Hallead | Buy | Reiterates | $57.00 |
Feb 4, 2025 | Barclays | David Anderson | Overweight | Maintains | $55.00 |
Feb 3, 2025 | Stifel | Stephen Gengaro | Buy | Maintains | $54.00 |
Feb 3, 2025 | Wells Fargo | Roger Read | Overweight | Maintains | $54.00 |
Feb 3, 2025 | Piper Sandler | Derek Podhaizer | Overweight | Maintains | $55.00 |
Feb 3, 2025 | B of A Securities | Buy | Maintains | $0.00 | |
Feb 3, 2025 | JP Morgan | Arun Jayaram | Overweight | Maintains | $52.00 |
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Baker Hughes Company has a market capitalization of $38.68B with a P/E ratio of 13.3x. The company generates $27.84B in trailing twelve-month revenue with a 10.5% profit margin.
Revenue growth is +0.1% quarter-over-quarter, while maintaining an operating margin of +11.7% and return on equity of +18.0%.
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Provides technology solutions for the energy sector.
The company generates revenue by offering integrated oilfield products, services, and digital solutions that enhance the efficiency of hydrocarbon resource management. Its diverse offerings include drilling services, completion technologies, and carbon reduction strategies aimed at both onshore and offshore clients within the oil and gas industry.
Founded in 1907 and based in Houston, Texas, Baker Hughes is a key player in promoting cleaner energy technologies and advancing operational efficiencies through innovation. The company's focus on data analytics and digital solutions reflects its commitment to sustainability in energy production.
Energy
Oil & Gas Equipment & Services
57,000
Mr. Lorenzo Simonelli
United States
2019
BKR to deliver integrated plug and abandonment services for EQNR under a multi-year framework agreement signed between the two companies in March 2025.
BKR is set to sell its PSI product line to Crane for $1.15B, sharpening its focus on core IET strengths and portfolio optimization.
WHD teams up with BKR to acquire its Surface Pressure Control Business in a deal worth $344.5 million.
Baker Hughes' operations in the Middle East are running normally, according to CEO Lorenzo Simonelli, as reported at the Energy Asia conference.
Baker Hughes' stable operations in the Middle East suggest resilience in its supply chain, potentially boosting investor confidence and impacting stock performance positively.
Two CEOs stated they are monitoring oil prices but refrained from making predictions; significant price impacts are expected if Iran closes the Strait of Hormuz.
Potential closure of the Strait of Hormuz could disrupt oil supply, leading to increased prices. This uncertainty affects energy stocks and overall market stability.
U.S. energy firms reduced oil and natural gas rigs for the seventh consecutive week, reaching the lowest count since November 2021, according to Baker Hughes.
Declining rig counts indicate reduced oil and gas production capacity, potentially leading to tighter supply, higher prices, and impacting energy sector profitability and stock valuations.
Baker Hughes (NASDAQ: BKR) will release its Q2 2025 results on July 22 at 5 p.m. ET, followed by a webcast on July 23 at 9:30 a.m. ET.
Baker Hughes' upcoming earnings report and webcast can influence stock performance and market sentiment, affecting investor decisions and potential stock price movements.
BKR has signed a multi-year framework agreement with EQNR to provide integrated plug and abandonment services, effective March 2025.
The multi-year agreement between BKR and EQNR signals stable revenue for BKR, enhancing its growth potential and attracting investor interest in the energy sector.
Baker Hughes is upgraded to a buy, driven by LNG growth and strong backlog. Recent divestitures enhance cash for buybacks and support a 2.4% dividend yield, with a solid balance sheet.
Baker Hughes' upgrade signals strong growth potential from LNG, solid cash reserves for buybacks, and a robust balance sheet, providing stability amid oil volatility and supporting shareholder returns.
Based on our analysis of 32 Wall Street analysts, Baker Hughes Company (BKR) has a median price target of $46.00. The highest price target is $56.00 and the lowest is $39.00.
According to current analyst ratings, BKR has 22 Buy ratings, 5 Hold ratings, and 0 Sell ratings. The stock is currently trading at $39.04. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict BKR stock could reach $46.00 in the next 12 months. This represents a 17.8% increase from the current price of $39.04. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue by offering integrated oilfield products, services, and digital solutions that enhance the efficiency of hydrocarbon resource management. Its diverse offerings include drilling services, completion technologies, and carbon reduction strategies aimed at both onshore and offshore clients within the oil and gas industry.
The highest price target for BKR is $56.00 from at , which represents a 43.4% increase from the current price of $39.04.
The lowest price target for BKR is $39.00 from Keith Mackey at RBC Capital, which represents a -0.1% decrease from the current price of $39.04.
The overall analyst consensus for BKR is bullish. Out of 32 Wall Street analysts, 22 rate it as Buy, 5 as Hold, and 0 as Sell, with a median price target of $46.00.
Stock price projections, including those for Baker Hughes Company, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.