Several brokerages have updated their recommendations and price targets on shares of Baker Hughes (NASDAQ: BKR) in the last few weeks:
- 11/5/2026 – Baker Hughes was downgraded by Zacks Research from “strong-buy” to “hold”.
- 10/30/2026 – Baker Hughes was upgraded by Freedom Broker from “sell” to “hold”. They now have a $52.00 price target on the stock, up from $51.00.
- 10/29/2026 – Baker Hughes had its price target lowered by Piper Sandler from $73.00 to $70.00. They now have an “overweight” rating on the stock.
- 10/29/2026 – Baker Hughes had its price target raised by TD Cowen from $76.00 to $77.00. They now have a “buy” rating on the stock.
- 10/29/2026 – Baker Hughes had its price target lowered by Royal Bank Of Canada from $71.00 to $70.00. They now have an “outperform” rating on the stock.
- 10/29/2026 – Baker Hughes had its price target lowered by Morgan Stanley from $70.00 to $68.00. They now have an “overweight” rating on the stock.
- 10/29/2026 – Baker Hughes had its price target lowered by Barclays from $72.00 to $62.00. They now have an “equal weight” rating on the stock.
- 10/19/2026 – Baker Hughes had its price target lowered by Citigroup from $75.00 to $72.00. They now have a “buy” rating on the stock.
- 10/9/2026 – Baker Hughes had its “buy (b-)” rating reaffirmed by Weiss Ratings.
- 9/30/2026 – Baker Hughes had its price target lowered by UBS Group from $72.00 to $69.00. They now have a “neutral” rating on the stock.
- 9/29/2026 – Baker Hughes is now covered by The Goldman Sachs Group. They set a “buy” rating and a $71.00 price target on the stock.
- 9/29/2026 – Baker Hughes had its price target lowered by Jefferies Financial Group from $80.00 to $77.00. They now have a “buy” rating on the stock.
- 9/29/2026 – Baker Hughes had its price target lowered by TD Cowen from $78.00 to $76.00. They now have a “buy” rating on the stock.
- 9/29/2026 – Baker Hughes was upgraded by The Goldman Sachs Group to “strong-buy”.
- 9/16/2026 – Baker Hughes was upgraded by Zacks Research from “hold” to “strong-buy”.
- 9/14/2026 – Baker Hughes had its price target raised by UBS Group from $70.00 to $72.00. They now have a “neutral” rating on the stock.
Baker Hughes Stock Up 1.2%
Shares of Baker Hughes stock opened at $48.45 on Tuesday. The firm has a market cap of $48.09 billion, a price-to-earnings ratio of 16.71, a P/E/G ratio of 2.38 and a beta of 1.07. The stock has a 50-day simple moving average of $56.64 and a 200-day simple moving average of $60.00. Baker Hughes Company has a 52-week low of $44.26 and a 52-week high of $70.41. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.24 and a quick ratio of 0.90.
Baker Hughes (NASDAQ:BKR – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.09. The firm had revenue of $8.03 billion for the quarter, compared to the consensus estimate of $7.74 billion. Baker Hughes had a return on equity of 13.55% and a net margin of 10.08%. The firm’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.68 earnings per share. On average, equities research analysts expect that Baker Hughes Company will post 2.56 earnings per share for the current fiscal year.
Baker Hughes Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Tuesday, November 10th will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, November 10th. Baker Hughes’s payout ratio is currently 31.72%.
Insider Buying and Selling
In other Baker Hughes news, Director John Rice purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, November 3rd. The shares were bought at an average price of $53.10 per share, for a total transaction of $531,000.00. Following the purchase, the director directly owned 77,315 shares in the company, valued at $4,105,426.50. This trade represents a 14.86% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.19% of the stock is owned by corporate insiders.
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides products and services to the oil and gas industry and other industrial markets. Its offerings include equipment and services used across the energy value chain, from exploration and production to transportation and processing.
The company also develops turbomachinery, industrial equipment, digital technologies and solutions for energy and industrial applications. Its portfolio includes technologies designed to support more efficient operations and lower-emissions energy systems.
Baker Hughes serves customers around the world.
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