Baker Hughes Company (NASDAQ:BKR) Stock Has Consensus Price Target of $71.81

Posted by Francis Steltz on Sep 26th, 2026

Baker Hughes Company (NASDAQ:BKR – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the twenty-one ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $71.81.

BKR has been the subject of several research analyst reports. Weiss Ratings downgraded shares of Baker Hughes from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. Piper Sandler raised their target price on Baker Hughes from $71.00 to $73.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. TD Cowen lifted their price target on Baker Hughes from $77.00 to $78.00 and gave the company a “buy” rating in a research note on Tuesday, July 28th. Wall Street Zen cut Baker Hughes from a “buy” rating to a “hold” rating in a report on Wednesday, August 5th. Finally, Zacks Research upgraded Baker Hughes from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 16th.

Read Our Latest Analysis on Baker Hughes

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Cardano Risk Management B.V. raised its position in Baker Hughes by 1,005.1% during the 4th quarter. Cardano Risk Management B.V. now owns 49,353,310 shares of the company’s stock worth $2,247,550,000 after purchasing an additional 44,887,481 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Baker Hughes by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 26,213,363 shares of the company’s stock worth $1,189,194,000 after buying an additional 204,534 shares during the period. Norges Bank bought a new stake in shares of Baker Hughes in the 4th quarter valued at about $1,022,491,000. Capital International Investors grew its position in shares of Baker Hughes by 6.4% in the 4th quarter. Capital International Investors now owns 15,933,590 shares of the company’s stock valued at $725,616,000 after buying an additional 956,808 shares during the last quarter. Finally, Amundi increased its stake in shares of Baker Hughes by 28.2% in the first quarter. Amundi now owns 10,946,464 shares of the company’s stock valued at $668,282,000 after buying an additional 2,409,978 shares during the period. Institutional investors own 92.06% of the company’s stock.

Baker Hughes Trading Up 0.9%

BKR opened at $57.83 on Wednesday. The stock has a market capitalization of $57.41 billion, a price-to-earnings ratio of 18.65, a P/E/G ratio of 2.55 and a beta of 0.96. The company has a quick ratio of 1.76, a current ratio of 2.09 and a debt-to-equity ratio of 0.77. Baker Hughes has a twelve month low of $43.92 and a twelve month high of $70.41. The company has a 50-day simple moving average of $60.78 and a 200 day simple moving average of $61.16.

Baker Hughes (NASDAQ:BKR – Get Free Report) last released its earnings results on Monday, July 27th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.51 by $0.13. Baker Hughes had a net margin of 11.17% and a return on equity of 13.85%. The firm had revenue of $6.74 billion for the quarter, compared to analyst estimates of $6.54 billion. During the same period last year, the firm earned $0.63 EPS. The business’s quarterly revenue was up 2.4% compared to the same quarter last year. Analysts predict that Baker Hughes will post 2.53 EPS for the current fiscal year.

Baker Hughes Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, August 7th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, August 7th. Baker Hughes’s payout ratio is currently 29.68%.

About Baker Hughes

(Get Free Report)

Baker Hughes Company (NASDAQ: BKR) is an energy technology company that provides products, services and digital solutions for the energy and industrial sectors. Its offerings support the exploration, development, production, transportation and processing of oil and natural gas, as well as broader energy and industrial operations.

The company’s portfolio includes oilfield services and equipment, drilling and completion technologies, artificial lift systems, subsea production solutions, turbomachinery, compressors, gas technology and liquefied natural gas equipment.