Baker Hughes (NASDAQ:BKR) Price Target Raised to $67.00

Baker Hughes (NASDAQ:BKR) had its target price raised by stock analysts at Argus from $55.00 to $67.00 in a report issued on Tuesday,MarketScreener reports. Argus’ target price indicates a potential upside of 17.43% from the stock’s previous close.

A number of other equities research analysts have also issued reports on BKR. Citigroup reaffirmed a “buy” rating on shares of Baker Hughes in a research report on Tuesday. Piper Sandler increased their price objective on Baker Hughes from $50.00 to $52.00 and gave the stock an “overweight” rating in a research note on Thursday, October 16th. Bank of America upped their target price on Baker Hughes from $52.00 to $54.00 and gave the company a “buy” rating in a report on Tuesday, October 14th. Susquehanna raised their price target on shares of Baker Hughes from $58.00 to $65.00 and gave the stock a “positive” rating in a report on Tuesday. Finally, BMO Capital Markets lifted their target price on shares of Baker Hughes from $55.00 to $65.00 and gave the company an “outperform” rating in a research note on Tuesday. Twenty-one research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Baker Hughes currently has a consensus rating of “Moderate Buy” and a consensus price target of $56.79.

Baker Hughes Stock Performance

NASDAQ:BKR traded up $0.55 during midday trading on Tuesday, reaching $57.05. The stock had a trading volume of 359,686 shares, compared to its average volume of 9,500,797. The firm has a fifty day simple moving average of $48.80 and a two-hundred day simple moving average of $46.84. The company has a quick ratio of 1.00, a current ratio of 1.41 and a debt-to-equity ratio of 0.33. The stock has a market cap of $56.30 billion, a P/E ratio of 22.00, a P/E/G ratio of 1.77 and a beta of 0.89. Baker Hughes has a 12-month low of $33.60 and a 12-month high of $57.58.

Baker Hughes (NASDAQ:BKR) last released its quarterly earnings results on Sunday, January 25th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.11. Baker Hughes had a return on equity of 14.51% and a net margin of 9.33%.The company had revenue of $7.39 billion during the quarter, compared to the consensus estimate of $7.09 billion. During the same quarter last year, the business posted $0.70 earnings per share. Baker Hughes’s revenue was up .3% compared to the same quarter last year. On average, equities analysts expect that Baker Hughes will post 2.59 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Brandywine Global Investment Management LLC raised its stake in Baker Hughes by 8.2% during the second quarter. Brandywine Global Investment Management LLC now owns 648,149 shares of the company’s stock worth $24,850,000 after acquiring an additional 49,108 shares in the last quarter. Synergy Asset Management LLC bought a new stake in shares of Baker Hughes during the third quarter worth $1,920,000. Webster Bank N. A. acquired a new position in Baker Hughes during the 3rd quarter valued at about $3,434,000. Robeco Institutional Asset Management B.V. boosted its stake in Baker Hughes by 23.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 458,415 shares of the company’s stock valued at $22,334,000 after acquiring an additional 88,536 shares during the last quarter. Finally, Schroder Investment Management Group increased its holdings in Baker Hughes by 0.6% in the second quarter. Schroder Investment Management Group now owns 1,450,363 shares of the company’s stock valued at $55,607,000 after purchasing an additional 8,994 shares during the last quarter. Institutional investors and hedge funds own 92.06% of the company’s stock.

Baker Hughes News Summary

Here are the key news stories impacting Baker Hughes this week:

• Positive Sentiment: Q4 results beat expectations: EPS and revenue topped consensus and management highlighted record EBITDA and upbeat trends across segments — the core driver behind recent buying. Baker Hughes Q4 Highlights
• Positive Sentiment: Multiple major banks raised price targets and ratings after the quarter (TD Cowen to $64 buy; BMO to $65 outperform; JPMorgan to $60 overweight; Capital One to $59 overweight), reinforcing buy-side momentum and supporting upside expectations. Capital One Boost
• Neutral Sentiment: Company updated FY‑2026 and Q1 revenue ranges (Q1: $6.1B–$6.7B; FY: $26.2B–$28.3B). The ranges straddle consensus, so guidance is constructive but not clearly bullish — investors will watch execution vs. the midpoint.
• Neutral Sentiment: Baker Hughes flagged a sizable revenue opportunity in Venezuela but noted safety, employee conditions and legal/regulatory clarity are prerequisites — potential upside with material operating risks. Reuters: Venezuela Opportunity
• Neutral Sentiment: Analyst and media pieces are re‑examining fair value for BKR after the quarter; these narrative shifts can amplify moves but don’t change the company’s near‑term fundamentals by themselves. Yahoo: Fair Value Discussion
• Neutral Sentiment: Short‑interest data reported as anomalous/zero for January (likely a reporting artefact); no clear short squeeze signal from the published figures.
• Negative Sentiment: Zephirin Group raised its target to $45 but kept a “hold” rating — the new target sits well below the current price, creating a contrarian cautionary datapoint for some investors. Zephirin Group Note

About Baker Hughes

Baker Hughes is an energy technology company that provides a broad portfolio of products, services and digital solutions for the oil and gas and industrial markets. Its offerings span oilfield services and equipment — including drilling, evaluation, completion and production technologies — as well as turbomachinery, compressors and related process equipment used in midstream and downstream operations. The company also supplies aftermarket services, field support and integrated solutions designed to improve asset performance and uptime across the energy value chain.

The firm’s roots trace back to the merger of Baker International and Hughes Tool Company, and more recently it combined with GE’s oil and gas business in 2017 to form Baker Hughes, a GE company (BHGE); subsequent changes in ownership restored Baker Hughes as an independent publicly traded company.