Baker Hughes Company (BKR) Stock Forecast, Price Target & Predictions


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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


The average price target for Baker Hughes Company (BKR) is $36.95 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $46.00 to $21.10. This represents a potential 10.63% upside from BKR's last price of $33.40.

BKR Analyst Ratings


Buy

According to 14 Wall Street analysts, Baker Hughes Company's rating consensus is 'Buy'. The analyst rating breakdown for BKR stock is 0 'Strong Buy' (0.00%), 14 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Baker Hughes Company Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 29, 2024Charles MinervinoSusquehanna$46.00$37.6522.18%37.72%
Jul 26, 2024James WestEvercore ISI$46.00$37.6522.18%37.72%
Jul 15, 2024Luke LemoinePiper Sandler$44.00$34.5027.54%31.74%
Jun 27, 2024Lloyd ByrneJefferies$46.00$34.4233.64%37.72%
Jun 05, 2024Josh SilversteinUBS$37.00$31.6316.98%10.78%
Feb 02, 2023-BMO Capital$36.00$31.0016.13%7.78%
Jan 04, 2023-Morgan Stanley$35.00$27.9425.27%4.79%
Oct 26, 2022Roger ReadWells Fargo$29.00$26.419.83%-13.17%
Aug 04, 2022David AndersonBarclays$44.00$25.2374.40%31.74%
Jun 14, 2022David AndersonBarclays$47.00$33.5540.11%40.72%
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The latest Baker Hughes Company stock forecast, released on Jul 29, 2024 by Charles Minervino from Susquehanna, set a price target of $46.00, which represents a 22.18% increase from the stock price at the time of the forecast ($37.65), and a 37.72% increase from BKR last price ($33.40).

Baker Hughes Company Price Target by Period


1M3M12M
# Anlaysts-45
Avg Price Target-$45.50$43.80
Last Closing Price$33.40$33.40$33.40
Upside/Downside-100.00%36.23%31.14%

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 $33.40. 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


DateCompanyPrevious RatingNew RatingRating Change
Aug 20, 2024Wells FargoBuyBuyHold
Aug 20, 2024UBSUnderperformUnderperformHold
Jul 29, 2024RBC CapitalOutperformOutperformHold
Jul 29, 2024SusquehannaPositivePositiveHold
Jul 29, 2024JefferiesBuyBuyHold
Jul 29, 2024Cowen & Co.BuyBuyHold
Jul 29, 2024BenchmarkBuyBuyHold
Jul 26, 2024Evercore ISIOutperformOutperformHold
Jul 15, 2024Piper SandlerBuyBuyHold
Jul 15, 2024JefferiesUnderperformUnderperformHold
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Baker Hughes Company's last stock rating was published by Wells Fargo on Aug 20, 2024. The company gave BKR a "Buy" rating, the same as its previous rate.

Baker Hughes Company Financial Forecast


Baker Hughes Company Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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
# Analysts6612111098781364818159101681199145555544
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's average Quarter revenue forecast for Mar 24 based on 4 analysts is $6.37B, with a low forecast of $6.20B, and a high forecast of $6.50B. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6612111098781364818159101681199145555544
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%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6612111098781364818159101681199145555544
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'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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6612111098781364818159101681199145555544
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'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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts6612111098781364818159101681199145555544
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%

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 $0.38 and a high estimate of $0.40. 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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
RESRPC$5.78$13.00124.91%Hold
VALValaris$54.38$98.0080.21%Buy
WFRDWeatherford$91.53$164.0079.18%Buy
TDWTidewater$71.48$124.0073.48%Strong Buy
XPROExpro Group$17.03$26.6756.61%Buy
TSTenaris$28.31$42.0048.36%Buy
SLBSchlumberger$39.96$58.6746.82%Buy
DNOWNOW$12.27$18.0046.70%-
HALHalliburton Company$27.87$38.4638.00%Buy
CHXChampionX$28.60$38.3334.02%Buy
NOVNOV$15.86$19.0019.80%Buy
BKRBaker Hughes Company$33.40$36.9510.63%Buy
WHDCactus$56.38$54.00-4.22%Hold
OIIOceaneering$23.20$21.00-9.48%Buy
FTITechnipFMC$24.25$20.88-13.90%Buy

BKR Forecast FAQ


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.

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.

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.

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.

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).

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%