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 $39.39 (represents a -8.12% downside from BKR’s last price of $42.87) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.
BKR Price Target
The average price target for Baker Hughes Company (BKR) is $39.39 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $46.00 to $21.10. This represents a potential -8.12% downside from BKR's last price of $42.87.
BKR Analyst Ratings
According to 15 Wall Street analysts, Baker Hughes Company's rating consensus is 'Buy'. The analyst rating breakdown for BKR stock is 0 'Strong Buy' (0.00%), 15 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
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 |
|---|---|---|---|---|---|---|
| Oct 10, 2024 | Phillip Jungwirth | BMO Capital | $45.00 | $37.59 | 19.71% | 4.97% |
| Oct 03, 2024 | Daniel Kutz | Morgan Stanley | $45.00 | $37.22 | 20.90% | 4.97% |
| Sep 27, 2024 | Scott Gruber | Citigroup | $42.00 | $34.77 | 20.79% | -2.03% |
| Sep 24, 2024 | Roger Read | Wells Fargo | $42.00 | $36.34 | 15.58% | -2.03% |
| Jul 29, 2024 | Charles Minervino | Susquehanna | $46.00 | $37.65 | 22.18% | 7.30% |
| Jul 26, 2024 | James West | Evercore ISI | $46.00 | $37.65 | 22.18% | 7.30% |
| Jul 15, 2024 | Luke Lemoine | Piper Sandler | $44.00 | $34.50 | 27.54% | 2.64% |
| Jun 27, 2024 | Lloyd Byrne | Jefferies | $46.00 | $34.42 | 33.64% | 7.30% |
| Jun 05, 2024 | Josh Silverstein | UBS | $37.00 | $31.63 | 16.98% | -13.69% |
| Feb 02, 2023 | - | BMO Capital | $36.00 | $31.00 | 16.13% | -16.03% |
The latest Baker Hughes Company stock forecast, released on Oct 10, 2024 by Phillip Jungwirth from BMO Capital, set a price target of $45.00, which represents a 19.71% increase from the stock price at the time of the forecast ($37.59), and a 4.97% increase from BKR last price ($42.87).
Baker Hughes Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 9 |
| Avg Price Target | - | $43.50 | $43.67 |
| Last Closing Price | $42.87 | $42.87 | $42.87 |
| Upside/Downside | -100.00% | 1.47% | 1.87% |
In the current month, the average price target of Baker Hughes Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Baker Hughes Company's last price of $42.87. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | Susquehanna | Positive | Positive | Hold |
| Oct 10, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Oct 03, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Sep 27, 2024 | Citigroup | Buy | Buy | Hold |
| Sep 24, 2024 | Wells Fargo | Buy | Overweight | Upgrade |
| Sep 16, 2024 | Wells Fargo | Buy | Buy | Hold |
| Sep 16, 2024 | UBS | Underperform | Underperform | Hold |
| Aug 20, 2024 | UBS | Underperform | Underperform | Hold |
| Aug 20, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jul 29, 2024 | RBC Capital | Outperform | Outperform | Hold |
Baker Hughes Company's last stock rating was published by Susquehanna on Oct 24, 2024. The company gave BKR a "Positive" rating, the same as its previous rate.
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 | Jun 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 | $5.05B | $4.83B | $5.49B | $5.09B | $5.14B | $4.78B | $5.50B | $5.05B | $4.74B | $5.42B | $6.35B | $5.88B |
| Avg Forecast | $7.79B | $7.48B | $7.24B | $6.92B | $7.30B | $7.17B | $7.03B | $6.65B | $7.10B | $7.21B | $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 | $8.05B | $7.73B | $7.49B | $7.16B | $7.55B | $7.41B | $7.26B | $6.95B | $7.14B | $7.22B | $6.81B | $6.37B | $7.05B | $6.63B | $6.48B | $5.73B | $6.26B | $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 |
| Low Forecast | $7.55B | $7.25B | $7.02B | $6.71B | $7.08B | $6.95B | $6.81B | $6.36B | $7.08B | $7.20B | $6.81B | $6.37B | $6.86B | $6.44B | $6.08B | $5.38B | $5.87B | $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 |
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 5 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 9 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | - | 1.01% | 1.03% | 0.97% | 0.99% | 0.95% | 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's average Quarter revenue forecast for Mar 24 based on 4 analysts is $6.37B, with a low forecast of $6.37B, and a high forecast of $6.37B. BKR's average Quarter revenue forecast represents a -6.76% decrease compared to the company's last Quarter revenue of $6.83B (Dec 23).
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 5 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 9 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $651.00M | - | $514.00M | $1.15B | $693.00M | $698.00M | $51.00M | $598.00M | $1.01B | $530.00M | $418.00M | $-17.00M | $1.60B | $218.00M | $186.00M | $-9.79B | $677.00M | $579.00M |
| Avg Forecast | $-388.58M | $-372.91M | $-361.18M | $-345.23M | $-364.03M | $-357.36M | $-350.36M | $-331.78M | $-354.33M | $-359.60M | $-339.56M | $786.50M | $-345.51M | $-325.24M | $-312.66M | $715.00M | $1.23B | $695.00M | $684.94M | $650.00M | $704.93M | $683.70M | $633.72M | $-15.45M | $696.11M | $613.37M | $600.13M | $-9.79B | $831.32M | $783.45M |
| High Forecast | $-376.65M | $-361.47M | $-350.09M | $-334.64M | $-352.86M | $-346.39M | $-339.60M | $-317.25M | $-353.33M | $-358.98M | $-339.56M | $943.80M | $-342.01M | $-321.40M | $-303.07M | $858.00M | $1.48B | $695.00M | $684.94M | $780.00M | $704.93M | $683.70M | $633.72M | $-12.36M | $696.11M | $613.37M | $600.13M | $-7.83B | $831.32M | $783.45M |
| Low Forecast | $-401.67M | $-385.48M | $-373.35M | $-356.87M | $-376.30M | $-369.40M | $-362.16M | $-346.82M | $-356.32M | $-360.22M | $-339.56M | $629.20M | $-351.51M | $-330.75M | $-323.20M | $572.00M | $986.95M | $695.00M | $684.94M | $520.00M | $704.93M | $683.70M | $633.72M | $-18.55M | $696.11M | $613.37M | $600.13M | $-11.75B | $831.32M | $783.45M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.88% | - | -1.64% | 1.61% | 0.56% | 1.00% | 0.07% | 0.92% | 1.44% | 0.78% | 0.66% | 1.10% | 2.29% | 0.36% | 0.31% | 1.00% | 0.81% | 0.74% |
4 analysts predict BKR's average Quarter EBITDA for Mar 24 to be $786.50M, with a high of $943.80M and a low of $629.20M. This is 20.81% upper than Baker Hughes Company's previous annual EBITDA (Dec 23) of $651.00M.
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 5 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 9 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $439.00M | - | $814.00M | $576.00M | $182.00M | $-9.00M | $-837.00M | $72.00M | $336.00M | $8.00M | $-68.00M | $-452.00M | $652.00M | $-170.00M | $-201.00M | $-10.21B | $48.00M | $57.00M |
| Avg Forecast | $863.34M | $782.69M | $711.58M | $619.18M | $729.83M | $683.29M | $622.43M | $529.43M | $630.46M | $604.57M | $489.41M | $108.90M | $475.41M | $395.49M | $330.57M | $99.00M | $356.83M | $243.69M | $215.05M | $90.00M | $279.41M | $213.89M | $156.58M | $-410.91M | $168.36M | $35.62M | $-5.15M | $-10.21B | $315.40M | $237.80M |
| High Forecast | $901.16M | $816.97M | $742.75M | $646.30M | $761.80M | $713.22M | $649.69M | $580.34M | $650.47M | $604.66M | $489.46M | $130.68M | $485.53M | $444.93M | $345.05M | $118.80M | $428.20M | $243.69M | $215.05M | $108.00M | $279.41M | $213.89M | $156.58M | $-328.73M | $168.36M | $35.62M | $-5.15M | $-8.17B | $315.40M | $237.80M |
| Low Forecast | $828.88M | $751.46M | $683.19M | $594.47M | $700.71M | $656.02M | $597.59M | $498.89M | $620.45M | $604.48M | $489.36M | $87.12M | $465.29M | $355.94M | $317.38M | $79.20M | $285.47M | $243.69M | $215.05M | $72.00M | $279.41M | $213.89M | $156.58M | $-493.09M | $168.36M | $35.62M | $-5.15M | $-12.25B | $315.40M | $237.80M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | - | 2.46% | 5.82% | 0.51% | -0.04% | -3.89% | 0.80% | 1.20% | 0.04% | -0.43% | 1.10% | 3.87% | -4.77% | 39.04% | 1.00% | 0.15% | 0.24% |
Baker Hughes Company's average Quarter net income forecast for Mar 24 is $108.90M, with a range of $87.12M to $130.68M. BKR's average Quarter net income forecast represents a -75.19% decrease compared to the company's last Quarter net income of $439.00M (Dec 23).
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 5 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 9 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $634.00M | - | $695.00M | $655.00M | $645.00M | $620.00M | $624.00M | $621.00M | $634.00M | $607.00M | $642.00M | $587.00M | $574.00M | $565.00M | $590.00M | $675.00M | $749.00M | $679.00M |
| Avg Forecast | $897.90M | $861.71M | $834.60M | $797.75M | $841.19M | $825.77M | $809.59M | $766.66M | $818.76M | $830.96M | $784.64M | $939.26M | $798.40M | $751.55M | $722.49M | $853.88M | $772.12M | $623.87M | $614.84M | $776.25M | $632.78M | $613.73M | $568.86M | $533.64M | $624.87M | $550.60M | $538.71M | $675.00M | $746.23M | $703.27M |
| High Forecast | $928.16M | $890.75M | $862.72M | $824.63M | $869.53M | $853.60M | $836.87M | $801.41M | $823.37M | $832.39M | $784.64M | $1.13B | $812.26M | $764.27M | $746.83M | $1.02B | $926.55M | $623.87M | $614.84M | $931.50M | $632.78M | $613.73M | $568.86M | $640.36M | $624.87M | $550.60M | $538.71M | $810.00M | $746.23M | $703.27M |
| Low Forecast | $870.34M | $835.26M | $808.98M | $773.26M | $815.37M | $800.42M | $784.74M | $733.08M | $816.46M | $829.52M | $784.64M | $751.41M | $790.31M | $742.67M | $700.31M | $683.10M | $617.70M | $623.87M | $614.84M | $621.00M | $632.78M | $613.73M | $568.86M | $426.91M | $624.87M | $550.60M | $538.71M | $540.00M | $746.23M | $703.27M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | - | 0.96% | 0.77% | 0.84% | 0.99% | 1.01% | 0.80% | 1.00% | 0.99% | 1.13% | 1.10% | 0.92% | 1.03% | 1.10% | 1.00% | 1.00% | 0.97% |
Baker Hughes Company's average Quarter SG&A projection for Mar 24 is $939.26M, based on 4 Wall Street analysts, with a range of $751.41M to $1.13B. The forecast indicates a 48.15% rise compared to BKR last annual SG&A of $634.00M (Dec 23).
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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 5 | 4 | 8 | 18 | 15 | 9 | 10 | 16 | 8 | 10 | 9 | 9 | 13 | 9 | 9 | 9 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.44 | - | $0.81 | $0.57 | $0.18 | $-0.01 | $-0.84 | $0.08 | $0.38 | $0.01 | $-0.08 | $-0.61 | $0.92 | $-0.25 | $-0.31 | $-15.64 | $0.07 | $0.11 |
| Avg Forecast | $0.86 | $0.78 | $0.71 | $0.62 | $0.73 | $0.68 | $0.62 | $0.53 | $0.63 | $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 | $0.90 | $0.82 | $0.74 | $0.65 | $0.76 | $0.71 | $0.65 | $0.58 | $0.65 | $0.61 | $0.49 | $0.39 | $0.49 | $0.45 | $0.35 | $0.27 | $0.42 | $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 |
| Low Forecast | $0.83 | $0.75 | $0.68 | $0.60 | $0.70 | $0.66 | $0.60 | $0.50 | $0.62 | $0.61 | $0.49 | $0.39 | $0.47 | $0.36 | $0.32 | $0.25 | $0.38 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | - | 2.45% | 2.22% | 0.45% | -0.04% | -3.91% | 0.41% | 1.36% | 0.05% | -0.51% | -5.48% | 5.47% | -7.03% | 60.26% | -141.36% | 0.22% | 0.46% |
According to 4 Wall Street analysts, Baker Hughes Company's projected average Quarter EPS for Mar 24 is $0.39, with a low estimate of $0.39 and a high estimate of $0.39. This represents a -10.35% decrease compared to BKR previous annual EPS of $0.44 (Dec 23).
Baker Hughes Company Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WFRD | Weatherford | $82.32 | $156.67 | 90.32% | Buy |
| TDW | Tidewater | $50.68 | $96.00 | 89.42% | Buy |
| XPRO | Expro Group | $12.82 | $23.33 | 81.98% | Buy |
| VAL | Valaris | $46.41 | $80.00 | 72.38% | Buy |
| RES | RPC | $5.84 | $10.00 | 71.23% | Hold |
| SLB | Schlumberger | $43.10 | $58.58 | 35.92% | Buy |
| NOV | NOV | $15.99 | $20.67 | 29.27% | Buy |
| HAL | Halliburton Company | $30.47 | $39.07 | 28.22% | Buy |
| CHX | ChampionX | $30.53 | $38.33 | 25.55% | Buy |
| DNOW | NOW | $14.36 | $18.00 | 25.35% | - |
| TS | Tenaris | $36.82 | $41.67 | 13.17% | Buy |
| FTI | TechnipFMC | $28.77 | $27.53 | -4.31% | Buy |
| BKR | Baker Hughes Company | $42.87 | $39.39 | -8.12% | Buy |
| WHD | Cactus | $65.22 | $54.00 | -17.20% | Hold |
| OII | Oceaneering | $27.47 | $21.00 | -23.55% | Buy |