Baker Hughes (NASDAQ:BKR – Get Free Report) will likely be posting its Q2 2026 results after the market closes on Sunday, July 26th. Analysts expect Baker Hughes to announce earnings of $0.50 per share and revenue of $6.5069 billion for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Monday, July 27, 2026 at 9:30 AM ET.
Baker Hughes (NASDAQ:BKR – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.49 by $0.09. Baker Hughes had a return on equity of 14.17% and a net margin of 11.17%.The business had revenue of $6.59 billion during the quarter, compared to analysts’ expectations of $6.71 billion. During the same quarter in the prior year, the business earned $0.51 earnings per share. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, analysts expect Baker Hughes to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Baker Hughes Stock Down 1.0%
BKR stock opened at $55.95 on Friday. Baker Hughes has a one year low of $38.97 and a one year high of $70.41. The stock has a market capitalization of $55.51 billion, a PE ratio of 17.88, a price-to-earnings-growth ratio of 2.32 and a beta of 0.96. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.77 and a current ratio of 2.13. The company has a fifty day moving average of $60.85 and a 200-day moving average of $59.53.
Baker Hughes Dividend Announcement
Insider Activity
In other news, CEO Lorenzo Simonelli sold 181,411 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $58.43, for a total value of $10,599,844.73. Following the sale, the chief executive officer directly owned 703,444 shares in the company, valued at $41,102,232.92. This represents a 20.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Rebecca L. Charlton sold 5,088 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $64.22, for a total transaction of $326,751.36. Following the transaction, the chief accounting officer directly owned 15,997 shares of the company’s stock, valued at approximately $1,027,327.34. This trade represents a 24.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 367,910 shares of company stock worth $22,420,797 in the last ninety days. Insiders own 0.19% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. UMB Bank n.a. boosted its holdings in Baker Hughes by 3.6% in the 4th quarter. UMB Bank n.a. now owns 6,993 shares of the company’s stock valued at $318,000 after purchasing an additional 246 shares during the period. Mindset Wealth Management LLC raised its position in shares of Baker Hughes by 1.5% during the fourth quarter. Mindset Wealth Management LLC now owns 19,019 shares of the company’s stock valued at $866,000 after buying an additional 276 shares during the last quarter. Coldstream Capital Management Inc. lifted its stake in shares of Baker Hughes by 2.2% in the third quarter. Coldstream Capital Management Inc. now owns 13,183 shares of the company’s stock valued at $642,000 after buying an additional 288 shares during the period. L2 Asset Management LLC grew its position in Baker Hughes by 7.6% during the fourth quarter. L2 Asset Management LLC now owns 4,969 shares of the company’s stock worth $226,000 after buying an additional 351 shares in the last quarter. Finally, Benjamin Edwards Inc. increased its stake in Baker Hughes by 3.5% during the second quarter. Benjamin Edwards Inc. now owns 10,831 shares of the company’s stock valued at $415,000 after acquiring an additional 365 shares during the period. Hedge funds and other institutional investors own 92.06% of the company’s stock.
Analyst Ratings Changes
Several research firms have issued reports on BKR. Weiss Ratings cut Baker Hughes from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, July 13th. Wolfe Research assumed coverage on shares of Baker Hughes in a research note on Wednesday, July 8th. They set an “outperform” rating and a $70.00 price target on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of Baker Hughes in a report on Thursday, July 9th. Citigroup boosted their price objective on shares of Baker Hughes from $74.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Finally, Zacks Research raised shares of Baker Hughes from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Eighteen research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $70.00.
Check Out Our Latest Research Report on Baker Hughes
About Baker Hughes
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.
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