Capital One Financial Raises Baker Hughes (NASDAQ:BKR) Price Target to $59.00

Baker Hughes (NASDAQ:BKR) had its price objective lifted by research analysts at Capital One Financial from $53.00 to $59.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The brokerage currently has an “overweight” rating on the stock. Capital One Financial‘s price objective would indicate a potential upside of 3.49% from the company’s current price.

Several other research analysts also recently commented on BKR. Zephirin Group raised their price objective on shares of Baker Hughes from $40.00 to $45.00 and gave the stock a “hold” rating in a report on Monday. Industrial Alliance Securities set a $60.00 price target on Baker Hughes in a report on Tuesday. UBS Group boosted their price objective on Baker Hughes from $48.00 to $54.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. HSBC upped their price target on Baker Hughes from $54.00 to $56.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Finally, Piper Sandler boosted their price objective on shares of Baker Hughes from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Twenty-one investment 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, the company currently has an average rating of “Moderate Buy” and an average price target of $56.35.

Baker Hughes Stock Performance

BKR stock traded up $0.72 during mid-day trading on Tuesday, hitting $57.01. The company had a trading volume of 1,035,664 shares, compared to its average volume of 9,302,155. Baker Hughes has a 12 month low of $33.60 and a 12 month high of $57.58. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.00 and a current ratio of 1.41. The stock’s fifty day moving average price is $48.63 and its two-hundred day moving average price is $46.73. The firm has a market cap of $56.26 billion, a PE ratio of 19.72, a price-to-earnings-growth ratio of 1.70 and a beta of 0.89.

Baker Hughes (NASDAQ:BKR) last issued its earnings results on Sunday, January 25th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.11. Baker Hughes had a return on equity of 14.22% and a net margin of 10.43%.The firm had revenue of $7.39 billion for the quarter, compared to analyst estimates of $7.09 billion. During the same period in the previous year, the company posted $0.70 earnings per share. The business’s revenue was up .3% on a year-over-year basis. On average, analysts forecast that Baker Hughes will post 2.59 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Baker Hughes

Several institutional investors have recently bought and sold shares of BKR. Norges Bank purchased a new stake in Baker Hughes in the 2nd quarter worth approximately $862,722,000. Capital International Investors bought a new stake in Baker Hughes in the third quarter valued at $729,670,000. First Trust Advisors LP raised its holdings in Baker Hughes by 76.0% in the 2nd quarter. First Trust Advisors LP now owns 7,419,033 shares of the company’s stock worth $284,446,000 after purchasing an additional 3,203,942 shares in the last quarter. Capital World Investors lifted its position in shares of Baker Hughes by 7.1% in the 3rd quarter. Capital World Investors now owns 47,546,388 shares of the company’s stock worth $2,316,462,000 after purchasing an additional 3,153,709 shares during the period. Finally, Sei Investments Co. boosted its stake in shares of Baker Hughes by 247.5% during the 2nd quarter. Sei Investments Co. now owns 3,134,494 shares of the company’s stock valued at $120,177,000 after purchasing an additional 2,232,394 shares in the last quarter. 92.06% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Baker Hughes

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

• Positive Sentiment: Q4 earnings beat and revenue upside — Baker Hughes reported $0.78 EPS vs. $0.67 consensus and revenue of $7.39B vs. $7.09B, driven by strength in its Industrial & Energy Technology (IET) segment. MarketBeat Q4 results
• Positive Sentiment: Record orders and RPO — The company announced $7.9B of Q4 orders (including $4.0B IET) and record RPO of $35.9B (IET RPO $32.4B), supporting future revenue visibility. Press release
• Positive Sentiment: Analyst upgrades and bumped targets — JPMorgan raised its target to $60 and put an overweight; BMO raised its target to $65 with an outperform rating. These raises from major brokers lift investor sentiment. JPMorgan note (Benzinga) BMO note (TheFly)
• Positive Sentiment: Stock reached a new 1‑year high on analyst upgrades and strong results — a sign momentum is building among investors. Article
• Neutral Sentiment: Company issued revenue guidance ranges that span the consensus — Q1 revenue $6.1B–$6.7B (consensus ~$6.6B) and FY revenue $26.2B–$28.3B (consensus ~$27.4B); EPS guidance was not specified in the release, leaving some ambiguity in near‑term profitability outlook. Guidance details
• Neutral Sentiment: Company sees a potential revenue opportunity in Venezuela but flagged safety, employee conditions and legal/regulatory clarity as key considerations — opportunity is uncertain and dependent on conditions. Reuters
• Neutral Sentiment: Call materials and transcript available for deeper inspection of segment trends and management commentary (useful for investors who want the details). Earnings call transcript
• Negative Sentiment: A smaller research shop (Zephirin Group) set a $45 target and a “hold” rating — that target sits well below the current price and highlights differing analyst views and some downside risk if momentum fades. MarketScreener

Baker Hughes Company Profile

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.