Baker Hughes (NASDAQ:BKR) Reaches New 1-Year High Following Analyst Upgrade

Shares of Baker Hughes Company (NASDAQ:BKR) hit a new 52-week high during mid-day trading on Tuesday after Capital One Financial raised their price target on the stock from $53.00 to $59.00. Capital One Financial currently has an overweight rating on the stock. Baker Hughes traded as high as $56.89 and last traded at $56.29, with a volume of 18011007 shares. The stock had previously closed at $53.92.

BKR has been the subject of several other reports. Weiss Ratings reissued a “buy (b)” rating on shares of Baker Hughes in a research note on Monday, December 29th. Stifel Nicolaus increased their price objective on Baker Hughes from $57.00 to $58.00 and gave the stock a “buy” rating in a research note on Tuesday. Piper Sandler increased their target price on shares of Baker Hughes from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Thursday, October 16th. Zephirin Group raised their price target on Baker Hughes from $40.00 to $45.00 and gave the stock a “hold” rating in a research note on Monday. Finally, TD Cowen increased their price target on shares of Baker Hughes from $55.00 to $64.00 and gave the stock a “buy” rating in a research note on Tuesday. Twenty-one investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $56.35.

Baker Hughes News Summary

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

• Positive Sentiment: Q4 beat and segment strength — BKR beat EPS and revenue expectations with $0.78/share and $7.39B in revenue; adjusted profit and record EBITDA were driven by strength in the Industrial & Energy Technology (IET) unit, which offsets softness in legacy oilfield services. Earnings Beat
• Positive Sentiment: Multiple analyst upgrades and higher price targets — Several firms raised ratings/targets (TD Cowen to $64, BMO to $65, JPMorgan to $60, Capital One to $59), signaling cross-market bullishness and supporting upside expectations. Capital One Target Raise BMO / The Fly Coverage JPMorgan Note
• Positive Sentiment: Momentum: shares reached a new 1‑year high following upgrades, indicating bullish positioning by investors and funds. 1-Year High Coverage
• Neutral Sentiment: Venezuela opportunity noted — Management highlighted meaningful revenue potential in Venezuela but emphasized safety, employee conditions and legal/regulatory clarity as gating factors; this is opportunity + execution risk. Reuters: Venezuela Opportunity
• Neutral Sentiment: Company issued revenue ranges for Q1 and FY2026 but did not provide concrete EPS targets in the release, leaving guidance somewhat broad (Q1 and FY revenue ranges were provided). See the slide deck/press materials for details. Press Slide Deck
• Neutral Sentiment: Short-interest report shows no meaningful change (data appears to report zeros/incomplete), so it is not a current driver of price action.
• Negative Sentiment: Analyst dissent and lower targets exist — a smaller shop (Zephirin Group) still has a $45 target/hold rating, highlighting some disagreement on upside and valuation sensitivity. Zephirin Note
• Negative Sentiment: Guidance ambiguity — the absence of explicit EPS guidance increases near-term uncertainty; investors may re-rate if future profitability guidance is not forthcoming or misses expectations.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Activest Wealth Management boosted its holdings in Baker Hughes by 1,242.5% during the third quarter. Activest Wealth Management now owns 537 shares of the company’s stock worth $26,000 after buying an additional 497 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. boosted its stake in Baker Hughes by 104.0% in the 3rd 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. JFS Wealth Advisors LLC grew its holdings in shares of Baker Hughes by 45.1% during the fourth quarter. JFS Wealth Advisors LLC now owns 811 shares of the company’s stock worth $37,000 after buying an additional 252 shares in the last quarter. Wolff Wiese Magana LLC raised its holdings in shares of Baker Hughes by 55.6% in the fourth quarter. Wolff Wiese Magana LLC now owns 840 shares of the company’s stock valued at $38,000 after purchasing an additional 300 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Baker Hughes in the second quarter valued at about $36,000. Institutional investors and hedge funds own 92.06% of the company’s stock.

Baker Hughes Price Performance

The stock has a market cap of $55.80 billion, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 1.77 and a beta of 0.89. The company has a 50-day simple moving average of $48.80 and a two-hundred day simple moving average of $46.84. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.00 and a current ratio of 1.41.

Baker Hughes (NASDAQ:BKR) last announced its quarterly earnings results on Sunday, January 25th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.11. The firm had revenue of $7.39 billion during the quarter, compared to analysts’ expectations of $7.09 billion. Baker Hughes had a net margin of 9.33% and a return on equity of 14.51%. The company’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter last year, the company posted $0.70 earnings per share. As a group, equities research analysts forecast that Baker Hughes Company will post 2.59 EPS for the current year.

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.