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Home โบ Stocks โบ Baker Hughes Company (BKR) Stock Forecast & Price Prediction United States | NASDAQ | Energy | Oil & Gas Equipment & Services
$62.46
-0.68 (-1.08%)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 2 Wall Street analysts, BKR has a bullish consensus with a median price target of $74.00 (ranging from $48.00 to $85.00). The overall analyst rating is Strong Buy (8.5/10). Currently trading at $62.46, the median forecast implies a 18.5% upside. This outlook is supported by 16 Buy, 5 Hold, and 1 Sell ratings.
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 |
|---|---|---|---|---|---|
| Jun 3, 2026 | Citigroup | Scott Gruber | Buy | Maintains | $74.00 |
| May 8, 2026 | Barclays | Equal-Weight | Downgrade | $N/A | |
| Apr 28, 2026 | Citigroup | Buy | Maintains | $N/A | |
| Apr 27, 2026 | UBS | Neutral | Maintains | $N/A | |
| Apr 27, 2026 | JP Morgan | Overweight | Maintains | $N/A | |
| Apr 27, 2026 | Susquehanna | Positive | Maintains | $N/A | |
| Apr 27, 2026 | TD Cowen | Buy | Maintains | $N/A | |
| Apr 27, 2026 | Barclays | Overweight | Maintains | $N/A | |
| Apr 27, 2026 | RBC Capital | Outperform | Maintains | $N/A | |
| Apr 27, 2026 | BMO Capital | Outperform | Maintains | $N/A | |
| Apr 27, 2026 | Evercore ISI Group | Outperform | Maintains | $N/A | |
| Apr 27, 2026 | Stifel | Buy | Maintains | $N/A | |
| Apr 15, 2026 | Piper Sandler | Overweight | Maintains | $N/A | |
| Apr 7, 2026 | Citigroup | Buy | Maintains | $N/A | |
| Apr 7, 2026 | Susquehanna | Positive | Maintains | $N/A | |
| Apr 2, 2026 | UBS | Neutral | Maintains | $N/A | |
| Feb 11, 2026 | Evercore ISI Group | Outperform | Maintains | $N/A | |
| Feb 2, 2026 | Stifel | Buy | Maintains | $N/A | |
| Feb 2, 2026 | Jefferies | Buy | Maintains | $N/A | |
| Jan 28, 2026 | Citigroup | Buy | Maintains | $N/A |
The following stocks are similar to Baker Hughes based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Baker Hughes Company has a market capitalization of $61.96B with a P/E ratio of 20.1x. The company generates $27.89B in trailing twelve-month revenue with a 11.2% profit margin.
Revenue growth is +2.5% quarter-over-quarter, while maintaining an operating margin of +12.3% and return on equity of +17.2%.
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Provides energy technology and services globally.
The company operates through two main segments: Oilfield Services & Equipment and Industrial & Energy Technology. It generates revenue by offering a wide range of products and services for oil exploration, development, and production, as well as providing industrial solutions like turbines and monitoring systems that enhance efficiency across the energy value chain.
Headquartered in Houston, Texas, Baker Hughes serves diverse clientele, from national oil companies to independent producers, and is recognized for its focus on reliability and environmental efficiency in energy and industrial applications.
Energy
Oil & Gas Equipment & Services
53,000
Mr. Lorenzo Simonelli
United States
2019
KMI's vast natural gas network and $10.1B backlog position it to benefit from rising LNG exports, power demand and data-center growth.
U.S. energy firms reduced the number of operating rigs for the first time in eight weeks, according to Baker Hughes' latest report.
A decrease in operating rigs signals potential declines in future oil and gas production, which can affect supply, prices, and overall market sentiment in the energy sector.
U.S. energy firms increased rig counts for the seventh consecutive week, marking the longest streak since May 2022, according to Baker Hughes' latest report.
Increased rig counts signal rising oil and gas production, potentially boosting supply and influencing energy prices, impacting profitability for energy companies and market dynamics.
Investing $10,000 in VanEck Oil Services ETF (OIH) on December 31, 2025, would have grown to approximately $15,100 by the end of May 2026.
A 51% return in five months on the VanEck Oil Services ETF highlights strong market performance and potential for continued gains in the oil services sector.
ACA, BKR, and BFC were added to the Zacks Rank #5 (Strong Sell) List on June 1, 2026, indicating a negative outlook for these stocks.
The addition of ACA, BKR, and BFC to the Zacks Rank #5 (Strong Sell) indicates potential underperformance, signaling caution for investors considering these stocks.
BKR has secured multi-year contract extensions with Equinor in the North Sea, enhancing its involvement in drilling, well services, and intervention solutions.
BKR's contract extensions with Equinor enhance revenue stability and growth potential in the North Sea, signaling strong demand for drilling and well services, which can boost investor confidence.
Baker Hughes (NASDAQ: BKR) has shifted its strategy from traditional oilfield services to a broader focus on industrial energy solutions, natural gas, power generation, and lower-emissions technologies.
Baker Hughes' strategic shift towards industrial energy solutions and lower-emissions technologies signals potential growth areas, aligning with the increasing demand for sustainable energy, impacting investor sentiment.
Based on our analysis of 2 Wall Street analysts, Baker Hughes Company (BKR) has a median price target of $74.00. The highest price target is $85.00 and the lowest is $48.00.
According to current analyst ratings, BKR has 16 Buy ratings, 5 Hold ratings, and 1 Sell ratings. The stock is currently trading at $62.46. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict BKR stock could reach $74.00 in the next 12 months. This represents a 18.5% increase from the current price of $62.46. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates through two main segments: Oilfield Services & Equipment and Industrial & Energy Technology. It generates revenue by offering a wide range of products and services for oil exploration, development, and production, as well as providing industrial solutions like turbines and monitoring systems that enhance efficiency across the energy value chain.
The highest price target for BKR is $85.00 from at , which represents a 36.1% increase from the current price of $62.46.
The lowest price target for BKR is $48.00 from at , which represents a -23.2% decrease from the current price of $62.46.
The overall analyst consensus for BKR is bullish. Out of 2 Wall Street analysts, 16 rate it as Buy, 5 as Hold, and 1 as Sell, with a median price target of $74.00.
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.