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

Baker Hughes (NASDAQ:BKR) had its target price lifted by analysts at Argus from $55.00 to $67.00 in a report released on Tuesday,MarketScreener reports. Argus’ price objective suggests a potential upside of 17.43% from the company’s current price.

Other research analysts have also issued research reports about the company. Jefferies Financial Group raised their price objective on Baker Hughes from $58.00 to $59.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. JPMorgan Chase & Co. raised their target price on shares of Baker Hughes from $53.00 to $60.00 and gave the stock an “overweight” rating in a research report on Tuesday. Piper Sandler boosted their price target on shares of Baker Hughes from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Thursday, October 16th. TD Cowen increased their target price on shares of Baker Hughes from $55.00 to $64.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, BMO Capital Markets raised their price target on Baker Hughes from $55.00 to $65.00 and gave the stock an “outperform” rating in a report on Tuesday. Twenty-one research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $56.79.

Baker Hughes Stock Up 1.0%

Shares of BKR traded up $0.55 during trading hours on Tuesday, hitting $57.05. The company had a trading volume of 359,686 shares, compared to its average volume of 9,500,797. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.00 and a current ratio of 1.41. The stock has a market capitalization of $56.30 billion, a price-to-earnings ratio of 22.00, a P/E/G ratio of 1.77 and a beta of 0.89. Baker Hughes has a 52-week low of $33.60 and a 52-week high of $57.58. The firm has a fifty day moving average price of $48.80 and a 200-day moving average price of $46.84.

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

Hedge Funds Weigh In On Baker Hughes

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Baker Hughes by 0.5% in the third quarter. Vanguard Group Inc. now owns 123,890,075 shares of the company’s stock valued at $6,035,924,000 after buying an additional 598,159 shares in the last quarter. Capital World Investors grew its holdings in shares of Baker Hughes by 7.1% in the third quarter. Capital World Investors now owns 47,546,388 shares of the company’s stock valued at $2,316,462,000 after purchasing an additional 3,153,709 shares in the last quarter. Capital Research Global Investors increased its stake in Baker Hughes by 7.1% during the 3rd quarter. Capital Research Global Investors now owns 25,903,241 shares of the company’s stock worth $1,262,033,000 after buying an additional 1,728,016 shares during the period. Geode Capital Management LLC boosted its position in Baker Hughes by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 25,875,670 shares of the company’s stock valued at $987,961,000 after buying an additional 397,984 shares during the period. Finally, Norges Bank acquired a new position in shares of Baker Hughes in the second quarter worth $862,722,000. 92.06% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Baker Hughes

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

• Positive Sentiment: Q4 results beat expectations: EPS and revenue topped consensus and management highlighted record EBITDA and upbeat trends across segments — the core driver behind recent buying. Baker Hughes Q4 Highlights
• Positive Sentiment: Multiple major banks raised price targets and ratings after the quarter (TD Cowen to $64 buy; BMO to $65 outperform; JPMorgan to $60 overweight; Capital One to $59 overweight), reinforcing buy-side momentum and supporting upside expectations. Capital One Boost
• Neutral Sentiment: Company updated FY?2026 and Q1 revenue ranges (Q1: $6.1B–$6.7B; FY: $26.2B–$28.3B). The ranges straddle consensus, so guidance is constructive but not clearly bullish — investors will watch execution vs. the midpoint.
• Neutral Sentiment: Baker Hughes flagged a sizable revenue opportunity in Venezuela but noted safety, employee conditions and legal/regulatory clarity are prerequisites — potential upside with material operating risks. Reuters: Venezuela Opportunity
• Neutral Sentiment: Analyst and media pieces are re?examining fair value for BKR after the quarter; these narrative shifts can amplify moves but don’t change the company’s near?term fundamentals by themselves. Yahoo: Fair Value Discussion
• Neutral Sentiment: Short?interest data reported as anomalous/zero for January (likely a reporting artefact); no clear short squeeze signal from the published figures.
• Negative Sentiment: Zephirin Group raised its target to $45 but kept a “hold” rating — the new target sits well below the current price, creating a contrarian cautionary datapoint for some investors. Zephirin Group Note

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.