Baker Hughes Company (BKR) Stock Forecast, Price Target & Predictions
BKR Stock Forecast
Baker Hughes Company stock forecast is as follows: an average price target of $36.95 (represents a 10.63% upside from BKR’s last price of $33.40) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
BKR Price Target
BKR Analyst Ratings
Baker Hughes Company Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jul 29, 2024 | Charles Minervino | Susquehanna | $46.00 | $37.65 | 22.18% | 37.72% |
Jul 26, 2024 | James West | Evercore ISI | $46.00 | $37.65 | 22.18% | 37.72% |
Jul 15, 2024 | Luke Lemoine | Piper Sandler | $44.00 | $34.50 | 27.54% | 31.74% |
Jun 27, 2024 | Lloyd Byrne | Jefferies | $46.00 | $34.42 | 33.64% | 37.72% |
Jun 05, 2024 | Josh Silverstein | UBS | $37.00 | $31.63 | 16.98% | 10.78% |
Feb 02, 2023 | - | BMO Capital | $36.00 | $31.00 | 16.13% | 7.78% |
Jan 04, 2023 | - | Morgan Stanley | $35.00 | $27.94 | 25.27% | 4.79% |
Oct 26, 2022 | Roger Read | Wells Fargo | $29.00 | $26.41 | 9.83% | -13.17% |
Aug 04, 2022 | David Anderson | Barclays | $44.00 | $25.23 | 74.40% | 31.74% |
Jun 14, 2022 | David Anderson | Barclays | $47.00 | $33.55 | 40.11% | 40.72% |
Baker Hughes Company Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 4 | 5 |
Avg Price Target | - | $45.50 | $43.80 |
Last Closing Price | $33.40 | $33.40 | $33.40 |
Upside/Downside | -100.00% | 36.23% | 31.14% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 20, 2024 | Wells Fargo | Buy | Buy | Hold |
Aug 20, 2024 | UBS | Underperform | Underperform | Hold |
Jul 29, 2024 | RBC Capital | Outperform | Outperform | Hold |
Jul 29, 2024 | Susquehanna | Positive | Positive | Hold |
Jul 29, 2024 | Jefferies | Buy | Buy | Hold |
Jul 29, 2024 | Cowen & Co. | Buy | Buy | Hold |
Jul 29, 2024 | Benchmark | Buy | Buy | Hold |
Jul 26, 2024 | Evercore ISI | Outperform | Outperform | Hold |
Jul 15, 2024 | Piper Sandler | Buy | Buy | Hold |
Jul 15, 2024 | Jefferies | Underperform | Underperform | Hold |
Baker Hughes Company Financial Forecast
Baker Hughes Company Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $6.83B | - | $6.32B | $5.72B | $5.91B | $5.37B | - | $4.83B | $5.49B | $5.09B | $5.14B | $4.78B | $5.50B | $5.05B | $4.74B | $5.42B | $6.35B | $5.88B |
Avg Forecast | $8.27B | $7.94B | $7.69B | $7.21B | $7.74B | $7.51B | $7.34B | $6.79B | $7.29B | $7.25B | $6.81B | $6.37B | $6.93B | $6.52B | $6.27B | $5.55B | $6.06B | $5.41B | $5.34B | $5.01B | $5.49B | $5.33B | $4.94B | $4.79B | $5.42B | $4.78B | $4.67B | $5.64B | $6.48B | $6.10B |
High Forecast | $8.43B | $8.09B | $7.84B | $7.35B | $7.89B | $7.65B | $7.49B | $6.92B | $7.44B | $7.43B | $6.94B | $6.50B | $7.05B | $6.63B | $6.39B | $5.65B | $6.18B | $5.52B | $5.34B | $5.12B | $5.61B | $5.45B | $5.05B | $4.90B | $5.54B | $4.89B | $4.78B | $5.77B | $6.62B | $6.24B |
Low Forecast | $8.05B | $7.73B | $7.49B | $7.02B | $7.53B | $7.31B | $7.15B | $6.61B | $7.10B | $7.21B | $6.63B | $6.20B | $6.86B | $6.44B | $6.10B | $5.40B | $5.90B | $5.27B | $5.34B | $4.88B | $5.35B | $5.19B | $4.81B | $4.67B | $5.28B | $4.65B | $4.55B | $5.50B | $6.31B | $5.95B |
# Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 | 14 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | - | 1.01% | 1.03% | 0.97% | 0.99% | - | 0.97% | 1.00% | 0.96% | 1.04% | 1.00% | 1.01% | 1.06% | 1.01% | 0.96% | 0.98% | 0.96% |
Baker Hughes Company EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 | 14 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $651.00M | - | $514.00M | $1.15B | $693.00M | $698.00M | - | $598.00M | $1.01B | $530.00M | $418.00M | $-17.00M | $1.60B | $218.00M | $186.00M | $-9.79B | $677.00M | $579.00M |
Avg Forecast | $1.06B | $1.02B | $987.13M | $925.28M | $993.38M | $963.84M | $942.82M | $872.19M | $936.48M | $930.38M | $874.10M | $786.50M | $889.43M | $837.24M | $804.86M | $715.00M | $777.87M | $721.81M | $684.94M | $650.00M | $1.12B | $656.19M | $531.11M | $-15.45M | $3.47B | $218.00M | $600.13M | $-9.79B | $764.35M | $651.38M |
High Forecast | $1.08B | $1.04B | $1.01B | $943.12M | $1.01B | $982.43M | $961.00M | $889.01M | $954.53M | $953.45M | $890.95M | $943.80M | $904.87M | $851.41M | $820.38M | $858.00M | $792.87M | $866.17M | $684.94M | $780.00M | $1.35B | $787.43M | $637.33M | $-12.36M | $4.16B | $261.60M | $613.66M | $-7.83B | $917.23M | $781.65M |
Low Forecast | $1.03B | $992.24M | $961.02M | $900.80M | $967.10M | $938.34M | $917.88M | $849.12M | $911.70M | $925.25M | $850.97M | $629.20M | $880.42M | $827.34M | $783.57M | $572.00M | $757.29M | $577.45M | $684.94M | $520.00M | $897.23M | $524.95M | $424.88M | $-18.55M | $2.77B | $174.40M | $584.63M | $-11.75B | $611.48M | $521.10M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.73% | - | 0.64% | 1.61% | 0.89% | 0.97% | - | 0.92% | 0.90% | 0.81% | 0.79% | 1.10% | 0.46% | 1.00% | 0.31% | 1.00% | 0.89% | 0.89% |
Baker Hughes Company Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 | 14 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $439.00M | - | $814.00M | $576.00M | $182.00M | $-9.00M | - | $72.00M | $336.00M | $8.00M | $-68.00M | $-452.00M | $652.00M | $-170.00M | $-201.00M | $-10.21B | $48.00M | $57.00M |
Avg Forecast | $911.73M | $805.65M | $730.50M | $632.94M | $783.47M | $702.84M | $648.91M | $541.50M | $653.76M | $611.87M | $490.39M | $108.90M | $476.37M | $396.29M | $331.23M | $99.00M | $400.27M | $10.90M | $215.70M | $90.00M | $324.39M | $9.90M | $-86.40M | $-410.91M | $1.42B | $-170.00M | $-5.20M | $-10.21B | $54.19M | $64.13M |
High Forecast | $934.58M | $825.85M | $748.81M | $648.81M | $803.11M | $720.46M | $665.17M | $555.07M | $670.15M | $622.07M | $502.68M | $130.68M | $486.51M | $445.83M | $339.53M | $118.80M | $410.30M | $13.07M | $215.70M | $108.00M | $389.27M | $11.89M | $-69.12M | $-328.73M | $1.70B | $-136.00M | $-5.02M | $-8.17B | $65.03M | $76.95M |
Low Forecast | $880.37M | $777.95M | $705.37M | $611.17M | $756.53M | $678.67M | $626.59M | $522.87M | $631.28M | $571.08M | $473.52M | $87.12M | $466.23M | $356.66M | $319.84M | $79.20M | $386.51M | $8.72M | $215.70M | $72.00M | $259.51M | $7.92M | $-103.68M | $-493.09M | $1.13B | $-204.00M | $-5.35M | $-12.25B | $43.35M | $51.30M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | - | 2.46% | 5.82% | 0.45% | -0.83% | - | 0.80% | 1.04% | 0.81% | 0.79% | 1.10% | 0.46% | 1.00% | 38.69% | 1.00% | 0.89% | 0.89% |
Baker Hughes Company SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 | 14 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $634.00M | - | $695.00M | $655.00M | $645.00M | $620.00M | - | $621.00M | $634.00M | $607.00M | $642.00M | $587.00M | $574.00M | $565.00M | $590.00M | $675.00M | $749.00M | $679.00M |
Avg Forecast | $953.02M | $914.89M | $886.10M | $830.58M | $891.71M | $865.20M | $846.32M | $782.92M | $840.63M | $835.16M | $784.64M | $939.26M | $798.40M | $751.55M | $722.49M | $853.88M | $698.26M | $826.68M | $614.84M | $776.25M | $701.93M | $751.52M | $815.72M | $533.64M | $1.25B | $565.00M | $538.71M | $675.00M | $845.65M | $763.88M |
High Forecast | $971.40M | $932.53M | $903.19M | $846.59M | $908.90M | $881.88M | $862.64M | $798.02M | $856.84M | $855.86M | $799.76M | $1.13B | $812.26M | $764.27M | $736.42M | $1.02B | $711.72M | $992.01M | $614.84M | $931.50M | $842.31M | $901.83M | $978.86M | $640.36M | $1.50B | $678.00M | $550.86M | $810.00M | $1.01B | $916.65M |
Low Forecast | $927.81M | $890.68M | $862.66M | $808.60M | $868.12M | $842.31M | $823.93M | $762.21M | $818.39M | $830.56M | $763.88M | $751.41M | $790.31M | $742.67M | $703.37M | $683.10M | $679.79M | $661.34M | $614.84M | $621.00M | $561.54M | $601.22M | $652.57M | $426.91M | $996.73M | $452.00M | $524.79M | $540.00M | $676.52M | $611.10M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | - | 0.96% | 0.77% | 0.92% | 0.75% | - | 0.80% | 0.90% | 0.81% | 0.79% | 1.10% | 0.46% | 1.00% | 1.10% | 1.00% | 0.89% | 0.89% |
Baker Hughes Company EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 7 | 8 | 13 | 6 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 11 | 9 | 9 | 14 | 5 | 5 | 5 | 5 | 5 | 4 | 4 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.44 | - | $0.81 | $0.57 | $0.18 | $-0.01 | - | $0.08 | $0.38 | $0.01 | $-0.08 | $-0.61 | $0.92 | $-0.25 | $-0.31 | $-15.64 | $0.07 | $0.11 |
Avg Forecast | $0.91 | $0.80 | $0.73 | $0.63 | $0.78 | $0.70 | $0.65 | $0.54 | $0.65 | $0.61 | $0.49 | $0.39 | $0.48 | $0.40 | $0.33 | $0.26 | $0.40 | $0.24 | $0.21 | $0.19 | $0.28 | $0.21 | $0.16 | $0.11 | $0.17 | $0.04 | $-0.01 | $0.11 | $0.32 | $0.24 |
High Forecast | $0.93 | $0.83 | $0.75 | $0.65 | $0.80 | $0.72 | $0.66 | $0.55 | $0.67 | $0.62 | $0.50 | $0.40 | $0.49 | $0.45 | $0.34 | $0.26 | $0.41 | $0.25 | $0.21 | $0.20 | $0.29 | $0.22 | $0.16 | $0.11 | $0.17 | $0.04 | $-0.00 | $0.11 | $0.32 | $0.24 |
Low Forecast | $0.88 | $0.78 | $0.70 | $0.61 | $0.76 | $0.68 | $0.63 | $0.52 | $0.63 | $0.57 | $0.47 | $0.38 | $0.47 | $0.36 | $0.32 | $0.25 | $0.39 | $0.24 | $0.21 | $0.19 | $0.27 | $0.21 | $0.15 | $0.11 | $0.16 | $0.03 | $-0.01 | $0.11 | $0.30 | $0.23 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | - | 2.45% | 2.22% | 0.45% | -0.04% | - | 0.41% | 1.36% | 0.05% | -0.51% | -5.48% | 5.47% | -7.03% | 60.26% | -141.36% | 0.22% | 0.46% |
Baker Hughes Company Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
RES | RPC | $5.78 | $13.00 | 124.91% | Hold |
VAL | Valaris | $54.38 | $98.00 | 80.21% | Buy |
WFRD | Weatherford | $91.53 | $164.00 | 79.18% | Buy |
TDW | Tidewater | $71.48 | $124.00 | 73.48% | Strong Buy |
XPRO | Expro Group | $17.03 | $26.67 | 56.61% | Buy |
TS | Tenaris | $28.31 | $42.00 | 48.36% | Buy |
SLB | Schlumberger | $39.96 | $58.67 | 46.82% | Buy |
DNOW | NOW | $12.27 | $18.00 | 46.70% | - |
HAL | Halliburton Company | $27.87 | $38.46 | 38.00% | Buy |
CHX | ChampionX | $28.60 | $38.33 | 34.02% | Buy |
NOV | NOV | $15.86 | $19.00 | 19.80% | Buy |
BKR | Baker Hughes Company | $33.40 | $36.95 | 10.63% | Buy |
WHD | Cactus | $56.38 | $54.00 | -4.22% | Hold |
OII | Oceaneering | $23.20 | $21.00 | -9.48% | Buy |
FTI | TechnipFMC | $24.25 | $20.88 | -13.90% | Buy |
BKR Forecast FAQ
Is Baker Hughes Company a good buy?
Yes, according to 14 Wall Street analysts, Baker Hughes Company (BKR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 100.00% of BKR's total ratings.
What is BKR's price target?
Baker Hughes Company (BKR) average price target is $36.95 with a range of $21.1 to $46, implying a 10.63% from its last price of $33.4. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Baker Hughes Company stock go up soon?
According to Wall Street analysts' prediction for BKR stock, the company can go up by 10.63% (from the last price of $33.4 to the average price target of $36.95), up by 37.72% based on the highest stock price target, and down by -36.83% based on the lowest stock price target.
Can Baker Hughes Company stock reach $50?
BKR's average twelve months analyst stock price target of $36.95 does not support the claim that Baker Hughes Company can reach $50 in the near future.
What are Baker Hughes Company's analysts' financial forecasts?
Baker Hughes Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $29.38B (high $29.95B, low $28.61B), average EBITDA is $3.77B (high $3.84B, low $3.67B), average net income is $2.68B (high $2.74B, low $2.58B), average SG&A $3.39B (high $3.45B, low $3.3B), and average EPS is $2.67 (high $2.74, low $2.58). BKR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $31.11B (high $31.71B, low $30.28B), average EBITDA is $3.99B (high $4.07B, low $3.89B), average net income is $3.08B (high $3.16B, low $2.97B), average SG&A $3.58B (high $3.65B, low $3.49B), and average EPS is $3.08 (high $3.15, low $2.97).
Did the BKR's actual financial results beat the analysts' financial forecasts?
Based on Baker Hughes Company's last annual report (Dec 2023), the company's revenue was $25.51B, beating the average analysts forecast of $25.27B by 0.95%. Apple's EBITDA was $2.32B, missing the average prediction of $3.25B by -28.63%. The company's net income was $1.94B, beating the average estimation of $1.3B by 49.13%. Apple's SG&A was $2.61B, missing the average forecast of $3.13B by -16.48%. Lastly, the company's EPS was $1.93, beating the average prediction of $1.46 by 32.21%. In terms of the last quarterly report (Dec 2023), Baker Hughes Company's revenue was $6.84B, missing the average analysts' forecast of $6.93B by -1.34%. The company's EBITDA was $651M, missing the average prediction of $889.43M by -26.81%. Baker Hughes Company's net income was $439M, missing the average estimation of $476.37M by -7.84%. The company's SG&A was $634M, missing the average forecast of $798.4M by -20.59%. Lastly, the company's EPS was $0.44, missing the average prediction of $0.476 by -7.54%