Baker Hughes (NASDAQ:BKR) Price Target Raised to $67.00

Baker Hughes (NASDAQ:BKR) had its price target boosted by Argus from $55.00 to $67.00 in a report issued on Tuesday morning,MarketScreener reports.

Several other analysts also recently weighed in on the company. Barclays increased their target price on Baker Hughes from $55.00 to $57.00 and gave the company an “overweight” rating in a research note on Tuesday. JPMorgan Chase & Co. increased their price objective on Baker Hughes from $53.00 to $60.00 and gave the company an “overweight” rating in a research report on Tuesday. Royal Bank Of Canada restated an “outperform” rating and issued a $57.00 price objective on shares of Baker Hughes in a research note on Thursday, January 15th. Industrial Alliance Securities set a $60.00 target price on shares of Baker Hughes in a research report on Tuesday. Finally, Bank of America increased their price target on shares of Baker Hughes from $52.00 to $54.00 and gave the company a “buy” rating in a report on Tuesday, October 14th. Twenty-one investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to 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. Baker Hughes has a 1 year low of $33.60 and a 1 year high of $58.50. The company has a fifty day simple moving average of $49.14 and a 200 day simple moving average of $46.97. The company has a current ratio of 1.41, a quick ratio of 1.00 and a debt-to-equity ratio of 0.33. The company has a market cap of $55.98 billion, a P/E ratio of 21.82, a P/E/G ratio of 1.76 and a beta of 0.89.

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

Institutional Investors Weigh In On Baker Hughes

Several institutional investors and hedge funds have recently bought and sold shares of BKR. Vanguard Group Inc. lifted its holdings in shares of Baker Hughes by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 123,890,075 shares of the company’s stock worth $6,035,924,000 after acquiring an additional 598,159 shares during the period. Capital World Investors raised its position in Baker Hughes by 7.1% in the third 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 in the last quarter. Capital Research Global Investors lifted its stake in Baker Hughes by 7.1% during the third quarter. Capital Research Global Investors now owns 25,903,241 shares of the company’s stock worth $1,262,033,000 after purchasing an additional 1,728,016 shares during the period. Geode Capital Management LLC lifted its stake in Baker Hughes by 1.6% during the second quarter. Geode Capital Management LLC now owns 25,875,670 shares of the company’s stock worth $987,961,000 after purchasing an additional 397,984 shares during the period. Finally, Norges Bank acquired a new stake in Baker Hughes during the second quarter valued at approximately $862,722,000. Institutional investors own 92.06% of the company’s stock.

Baker Hughes News Summary

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.