Baker Hughes (NASDAQ:BKR) Price Target Raised to $64.00

Baker Hughes (NASDAQ:BKR) had its target price raised by TD Cowen from $55.00 to $64.00 in a research report released on Tuesday, Marketbeat.com reports. The firm currently has a buy rating on the stock.

Several other equities analysts also recently commented on the company. HSBC increased their price target on Baker Hughes from $54.00 to $56.00 and gave the company a “buy” rating in a report on Monday, October 27th. Evercore ISI set a $54.00 target price on shares of Baker Hughes in a report on Monday, October 27th. Stifel Nicolaus boosted their target price on shares of Baker Hughes from $57.00 to $58.00 and gave the stock a “buy” rating in a research report on Tuesday. Piper Sandler raised their price target on Baker Hughes from $50.00 to $52.00 and gave the company an “overweight” rating in a research report on Thursday, October 16th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Baker Hughes in a research report on Monday, December 29th. Twenty-one equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Baker Hughes has an average rating of “Moderate Buy” and an average price target of $57.58.

Baker Hughes Price Performance

NASDAQ BKR opened at $56.73 on Tuesday. The firm has a market cap of $55.98 billion, a P/E ratio of 21.82, a price-to-earnings-growth ratio of 1.76 and a beta of 0.89. The stock’s 50-day moving average is $49.14 and its two-hundred day moving average is $46.97. Baker Hughes has a fifty-two week low of $33.60 and a fifty-two week high of $58.50. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.41 and a quick ratio of 1.00.

Baker Hughes (NASDAQ:BKR) last issued its quarterly earnings data on Sunday, January 25th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.11. Baker Hughes had a return on equity of 14.51% and a net margin of 9.33%.The business had revenue of $7.39 billion for the quarter, compared to analyst estimates of $7.09 billion. During the same quarter in the prior year, the firm posted $0.70 EPS. The firm’s revenue for the quarter was up .3% on a year-over-year basis. On average, analysts anticipate that Baker Hughes will post 2.59 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Baker Hughes

Several large investors have recently added to or reduced their stakes in the company. Activest Wealth Management increased its position in shares of Baker Hughes by 1,242.5% during the third quarter. Activest Wealth Management now owns 537 shares of the company’s stock valued at $26,000 after purchasing an additional 497 shares during the period. E Fund Management Hong Kong Co. Ltd. lifted its position in Baker Hughes by 104.0% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 661 shares of the company’s stock worth $32,000 after purchasing an additional 337 shares during the period. Harbour Investments Inc. boosted its stake in Baker Hughes by 61.7% during the second quarter. Harbour Investments Inc. now owns 854 shares of the company’s stock worth $33,000 after buying an additional 326 shares in the last quarter. LFA Lugano Financial Advisors SA bought a new stake in Baker Hughes in the 2nd quarter valued at $36,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Baker Hughes in the 2nd quarter valued at $36,000. Institutional investors and hedge funds own 92.06% of the company’s stock.

More Baker Hughes News

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

• Positive Sentiment: Record IET backlog and new energy‑transition deals drove a sharp rally in the stock, highlighting stronger service demand and better visibility for future revenue. Baker Hughes (BKR) Is Up 5.7% After Record IET Backlog And New Energy Transition Deals – Has The Bull Case Changed?
• Positive Sentiment: Piper Sandler raised its price target to $61 and kept an overweight rating, adding institutional confidence and buy‑side momentum. Piper Sandler adjusts Baker Hughes price target to $61
• Positive Sentiment: UBS raised its PT to $61 (from $54), signaling peers see upside even from a neutral stance—another vote of confidence for the company’s outlook. UBS raises Baker Hughes price target to $61
• Positive Sentiment: Argus lifted its target to $67, indicating some analysts view a materially higher fair value—this can support further price appreciation if momentum continues. Argus raises price target on Baker Hughes to $67
• Positive Sentiment: JPMorgan raised its price target to $60, adding to the cluster of upward revisions that can attract momentum and fund flows. JPMorgan Chase & Co. Boosts Baker Hughes Price Target to $60
• Positive Sentiment: Operational wins in clean‑energy projects: Baker Hughes secured multiple orders for the Wabash Valley clean ammonia fertilizer project—concrete bookings that support energy‑transition revenue. Baker Hughes Secures Multiple Orders to Advance Wabash Valley Resources’ Clean Ammonia Fertilizer Project
• Positive Sentiment: Strategic collaboration expanded with Hydrostor to advance resilient, sustainable power systems—strengthens the company’s portfolio in grid/storage solutions. Baker Hughes and Hydrostor deepen strategic collaboration
• Positive Sentiment: Third‑party outlets (Capital One, Zephirin Group) published bullish forecasts for BKR, reinforcing broader market sentiment and analyst focus. Capital One Forecasts Strong Price Appreciation for Baker Hughes
• Neutral Sentiment: Earnings call transcript and valuation commentary are available for investors doing deeper due diligence; these sources provide context but did not drive a discrete negative reaction. Baker Hughes Q4 2025 earnings call transcript
• Neutral Sentiment: Reported short‑interest data appears inconsistent/zero and offers no clear bearish signal—treat it as unreliable until clarified.

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.