Baker Hughes (NASDAQ:BKR) Price Target Raised to $59.00

Baker Hughes (NASDAQ:BKR) had its target price hoisted by Capital One Financial from $53.00 to $59.00 in a research note issued to investors on Tuesday,MarketScreener reports. Capital One Financial currently has an overweight rating on the stock.

A number of other research analysts have also recently weighed in on the stock. UBS Group lifted their price objective on shares of Baker Hughes from $48.00 to $54.00 and gave the company a “neutral” rating in a report on Friday, December 12th. JPMorgan Chase & Co. raised their target price on Baker Hughes from $53.00 to $60.00 and gave the company an “overweight” rating in a research report on Tuesday. Jefferies Financial Group lifted their price target on Baker Hughes from $58.00 to $59.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Zephirin Group increased their price target on Baker Hughes from $40.00 to $45.00 and gave the stock a “hold” rating in a research report on Monday. Finally, BMO Capital Markets raised their price objective on Baker Hughes from $55.00 to $65.00 and gave the company an “outperform” rating in a report on Tuesday. Twenty-one analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Baker Hughes has an average rating of “Moderate Buy” and an average price target of $57.58.

Baker Hughes Trading Up 0.2%

Shares of NASDAQ:BKR opened at $56.73 on Tuesday. The company has a current ratio of 1.41, a quick ratio of 1.00 and a debt-to-equity ratio of 0.33. Baker Hughes has a 12-month low of $33.60 and a 12-month high of $58.50. The business has a 50 day moving average of $49.14 and a two-hundred day moving average of $46.97. The company has a market capitalization of $55.98 billion, a PE ratio of 21.82, a PEG ratio of 1.76 and a beta of 0.89.

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

Institutional Investors Weigh In On Baker Hughes

Large investors have recently bought and sold shares of the company. Woodline Partners LP lifted its position in shares of Baker Hughes by 40.8% in the first quarter. Woodline Partners LP now owns 83,650 shares of the company’s stock valued at $3,676,000 after acquiring an additional 24,225 shares in the last quarter. Focus Partners Wealth increased its position in shares of Baker Hughes by 5.6% during the first quarter. Focus Partners Wealth now owns 18,481 shares of the company’s stock worth $812,000 after purchasing an additional 986 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Baker Hughes by 15.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 7,996 shares of the company’s stock valued at $307,000 after purchasing an additional 1,051 shares during the last quarter. V Square Quantitative Management LLC lifted its holdings in Baker Hughes by 1.4% in the 2nd quarter. V Square Quantitative Management LLC now owns 21,758 shares of the company’s stock valued at $834,000 after purchasing an additional 292 shares in the last quarter. Finally, Truist Financial Corp lifted its holdings in Baker Hughes by 3.9% in the 2nd quarter. Truist Financial Corp now owns 386,710 shares of the company’s stock valued at $14,826,000 after purchasing an additional 14,621 shares in the last quarter. 92.06% of the stock is currently owned by hedge funds and other institutional investors.

More Baker Hughes News

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.

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.