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Baker Hughes - BKR Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $35.86
  • Forecasted Upside: 14.56%
  • Number of Analysts: 16
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 15 Buy Ratings
  • 0 Strong Buy Ratings
$31.30 As of 01/27/2023 01:00 AM ET
▼ -0.5 (-1.57%)

This chart shows the closing price for BKR by one month, three months, or twelve months.

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Analyst Price Target for BKR

Analyst Price Target is $35.86
▲ +14.56% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for Baker Hughes in the last 3 months. The average price target is $35.86, with a high forecast of $43.00 and a low forecast of $29.00. The average price target represents a 14.56% upside from the last price of $31.30.

This chart shows the closing price for BKR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 16 polled investment analysts is to buy stock in Baker Hughes. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 13 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
8/7/2021
  • 0 strong buy ratings
  • 13 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/5/2021
  • 0 strong buy ratings
  • 15 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/3/2022
  • 0 strong buy ratings
  • 14 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/4/2022
  • 0 strong buy ratings
  • 14 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
8/2/2022
  • 0 strong buy ratings
  • 15 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/31/2022
  • 0 strong buy ratings
  • 14 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/30/2022
  • 0 strong buy ratings
  • 15 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/29/2023

Latest Recommendations

  • 0 strong buy ratings
  • 15 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/25/2023CitigroupBoost TargetBuy$36.00 ➝ $40.00Low
1/25/2023BarclaysBoost TargetOverweight$38.00 ➝ $42.00Low
1/24/2023Evercore ISIBoost TargetOutperform$33.00 ➝ $37.00Low
1/24/2023SusquehannaBoost TargetPositive$35.00 ➝ $40.00Low
1/19/2023BenchmarkInitiated CoverageBuy$36.00Low
1/4/2023Morgan StanleyBoost TargetOverweight$32.00 ➝ $35.00Low
11/18/2022Piper SandlerBoost TargetOverweight$30.00 ➝ $34.00Low
10/26/2022Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$32.00 ➝ $29.00Low
10/20/2022BarclaysLower Target$38.00Low
10/20/2022ATB CapitalLower Target$37.00Low
10/20/2022Bank of AmericaBoost TargetBuy$31.00 ➝ $32.00Low
10/20/2022Morgan StanleyBoost TargetOverweight$31.00 ➝ $32.00Low
10/20/2022Royal Bank of CanadaLower TargetOutperform$35.00 ➝ $33.00Low
10/19/2022Jefferies Financial GroupInitiated CoverageBuy$35.00Low
10/13/2022Morgan StanleyLower TargetOverweight$33.00 ➝ $31.00Low
10/6/2022BarclaysLower Target$44.00 ➝ $39.00Low
10/4/2022CitigroupLower Target$40.00 ➝ $36.00Low
9/20/2022Royal Bank of CanadaLower TargetOutperform$36.00 ➝ $35.00Low
9/9/2022CitigroupLower Target$42.00 ➝ $40.00Low
7/21/2022Seaport Res PtnReiterated RatingBuyLow
7/21/2022Royal Bank of CanadaLower Target$41.00 ➝ $36.00Low
7/21/2022Wells Fargo & CompanyLower Target$43.00 ➝ $36.00Low
7/21/2022SusquehannaLower Target$39.00 ➝ $35.00Low
7/21/2022Susquehanna BancsharesLower TargetPositive$39.00 ➝ $35.00Low
7/21/2022BMO Capital MarketsLower Target$33.00 ➝ $30.00Low
7/21/2022StephensLower Target$40.00 ➝ $32.00Low
7/21/2022BarclaysLower Target$46.00 ➝ $44.00Low
7/13/2022The Goldman Sachs GroupLower TargetBuy$41.00 ➝ $32.00Low
7/13/2022Morgan StanleyLower TargetOverweight$40.00 ➝ $35.00Low
7/13/2022BarclaysLower TargetOverweight$47.00 ➝ $46.00N/A
6/8/2022BarclaysBoost Target$40.00 ➝ $47.00Low
4/27/2022BarclaysBoost Target$31.00 ➝ $40.00Low
4/26/2022HSBCUpgradeHold ➝ Buy$38.30Medium
4/21/2022SusquehannaLower TargetPositive$42.00 ➝ $41.00High
4/21/2022Royal Bank of CanadaLower TargetOutperform$43.00 ➝ $41.00High
4/11/2022Morgan StanleyBoost TargetOverweight$32.00 ➝ $40.00Medium
4/8/2022Stifel NicolausBoost Target$34.00 ➝ $41.00High
3/31/2022Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$28.00 ➝ $43.00Low
3/22/2022The Goldman Sachs GroupDowngradeConviction-Buy ➝ Buy$41.00Medium
3/18/2022UBS GroupBoost TargetBuy$28.00 ➝ $43.00Medium
1/25/2022BarclaysBoost Target$30.00 ➝ $31.00High
1/21/2022Bank of AmericaReiterated RatingOutperform ➝ Buy$33.00 ➝ $35.00Low
1/21/2022Royal Bank of CanadaBoost TargetOutperform$31.00 ➝ $33.00Low
1/21/2022Piper SandlerBoost TargetOverweight$36.00 ➝ $37.50Low
1/21/2022CowenBoost TargetOutperform$33.00 ➝ $35.00Medium
1/21/2022SusquehannaBoost TargetPositive$30.00 ➝ $33.00High
1/21/2022StephensBoost TargetOverweight$30.00 ➝ $35.00High
1/13/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$29.00Low
11/19/2021BenchmarkInitiated CoverageHoldHigh
10/22/2021StephensBoost TargetOverweight$28.00 ➝ $30.00Medium
10/21/2021BarclaysBoost TargetOverweight$28.00 ➝ $30.00High
10/21/2021Wells Fargo & CompanyBoost TargetEqual Weight$25.00 ➝ $26.00High
10/11/2021Morgan StanleyBoost TargetOverweight$28.00 ➝ $30.00Low
9/9/2021Royal Bank of CanadaReiterated RatingOutperform$31.00Low
9/9/2021Piper SandlerBoost TargetTop Pick ➝ Overweight$30.00 ➝ $36.00High
8/17/2021The Goldman Sachs GroupUpgradeBuy ➝ Conviction-BuyLow
7/22/2021CowenBoost TargetOutperform$28.00 ➝ $31.00Low
7/15/2021Seaport Res PtnReiterated RatingBuyHigh
7/9/2021Morgan StanleyBoost TargetOverweight$26.00 ➝ $28.00Low
5/25/2021CitigroupBoost TargetBuy$27.00 ➝ $30.00High
5/13/2021The Goldman Sachs GroupInitiated CoverageBuy$29.00Medium
5/3/2021BarclaysUpgradeEqual Weight ➝ Overweight$25.00 ➝ $28.00High
4/26/2021CitigroupUpgradeNeutral ➝ BuyLow
4/25/2021COKER & PALMERUpgradeSector Perform ➝ Sector OutperformMedium
4/22/2021Credit Suisse GroupLower TargetOutperform$21.00 ➝ $20.50Low
4/19/2021BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$27.00 ➝ $26.00Medium
2/1/2021Piper SandlerBoost TargetOverweight$26.00 ➝ $30.00Low
1/22/2021Morgan StanleyBoost TargetOverweight$24.00 ➝ $26.00Medium
1/22/2021Credit Suisse GroupBoost TargetOutperform$20.00 ➝ $21.00Medium
1/22/2021BMO Capital MarketsBoost TargetMarket Perform$24.00 ➝ $25.00Low
1/22/2021CowenBoost TargetOutperform$29.00 ➝ $32.00Medium
1/8/2021BarclaysDowngradeOverweight ➝ Equal WeightMedium
12/18/2020JPMorgan Chase & Co.Boost TargetOverweight$20.00 ➝ $23.00High
12/15/2020Smith Barney CitigroupDowngradeBuy ➝ Neutral$20.00 ➝ $24.00Medium
12/10/2020HSBCDowngradeBuy ➝ Hold$20.00Medium
10/12/2020Exane BNP ParibasInitiated CoverageOutperform$18.00High
10/12/2020BNP ParibasInitiated CoverageOutperform$18.00Medium
10/1/2020BMO Capital MarketsInitiated CoverageMarket Perform$16.00Low
8/13/2020The Goldman Sachs GroupDowngradeConviction-Buy ➝ BuyMedium
7/27/2020Northland SecuritiesReiterated RatingHold$17.00Medium
7/24/2020ScotiabankBoost TargetSector Perform$18.00 ➝ $19.00Medium
7/23/2020Susquehanna BancsharesBoost Target$19.00 ➝ $22.00High
7/23/2020Morgan StanleyBoost TargetOverweight$19.00 ➝ $20.00Low
7/16/2020ScotiabankDowngradeSector Outperform ➝ Sector Perform$18.00Low
7/9/2020Morgan StanleyBoost TargetOverweight$18.00 ➝ $19.00High
6/23/2020Royal Bank of CanadaReiterated RatingBuyMedium
6/19/2020CowenBoost TargetOutperform$19.00 ➝ $21.00High
5/29/2020Northland SecuritiesInitiated CoverageMarket Perform$17.00Medium
5/26/2020UBS GroupBoost TargetBuy$17.00 ➝ $20.00Medium
5/14/2020BarclaysBoost TargetOverweight$14.00 ➝ $17.00High
4/23/2020JPMorgan Chase & Co.Lower TargetOverweight$17.00 ➝ $16.00Medium
4/23/2020CfraLower TargetHold$24.00 ➝ $14.00High
4/23/2020BarclaysLower TargetOverweight$15.00 ➝ $14.00High
4/23/2020Wells Fargo & CompanyLower TargetOverweight$18.00 ➝ $17.00High
4/23/2020Credit Suisse GroupBoost TargetOutperform$15.00 ➝ $16.00High
4/23/2020CitigroupBoost TargetBuy$14.00 ➝ $16.00High
4/16/2020StephensBoost TargetOverweight$14.00 ➝ $16.00Medium
4/9/2020UBS GroupLower TargetBuy$26.00 ➝ $16.00High
4/6/2020Sanford C. BernsteinUpgradeUnderperform ➝ Outperform$20.40 ➝ $15.30High
4/6/2020Royal Bank of CanadaReiterated RatingBuyHigh
3/31/2020BarclaysLower TargetOverweight$18.00 ➝ $15.00High
3/31/2020ArgusDowngradeBuy ➝ Hold$10.50High
3/30/2020Wells Fargo & CompanyLower TargetOverweight$25.00 ➝ $18.00High
3/27/2020Piper SandlerLower TargetOverweight$32.00 ➝ $15.00Low
3/27/2020Royal Bank of CanadaLower TargetOutperform$23.00 ➝ $19.00High
3/26/2020Tudor PickeringUpgradeHold ➝ Buy$20.00High
3/20/2020CitigroupLower TargetBuy$26.00 ➝ $14.00Medium
3/20/2020BarclaysReiterated RatingBuy$18.00Low
3/16/2020Morgan StanleyLower TargetOverweight$30.00 ➝ $18.00Medium
3/13/2020CitigroupLower TargetBuy$33.00 ➝ $26.00High
3/10/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$18.00High
3/3/2020UBS GroupLower TargetBuy$30.00 ➝ $26.00Medium
2/20/2020Edward JonesDowngradeBuy ➝ HoldMedium
1/28/2020Deutsche Bank AktiengesellschaftLower TargetBuy$32.00 ➝ $31.00Low
1/23/2020CowenLower TargetOutperform$34.00 ➝ $33.00Medium
1/22/2020CfraDowngradeBuy ➝ HoldHigh
1/14/2020Bernstein BankInitiated CoverageUnderperform$19.50Medium
1/13/2020Sanford C. BernsteinInitiated CoverageUnderperform$19.50Medium
1/9/2020Wells Fargo & CompanyBoost TargetOverweight$28.00 ➝ $33.00Low
12/16/2019CowenReiterated RatingBuy$34.00Low
12/11/2019StephensInitiated CoverageOverweight$28.00High
11/27/2019Deutsche Bank AktiengesellschaftInitiated CoverageBuy$32.00Low
11/19/2019Deutsche Bank AktiengesellschaftInitiated CoverageBuy$32.00 ➝ $32.00Low
11/15/2019Susquehanna BancsharesUpgradeNeutral ➝ PositiveHigh
11/1/2019BarclaysReiterated RatingBuy$28.00Medium
(Data available from 1/29/2018 forward)

News Sentiment Rating

0.62 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 6 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
Mentions as of
7/3/2022
  • 12 very positive mentions
  • 44 positive mentions
  • 11 negative mentions
  • 5 very negative mentions
Mentions as of
8/2/2022
  • 4 very positive mentions
  • 26 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
9/1/2022
  • 12 very positive mentions
  • 10 positive mentions
  • 6 negative mentions
  • 3 very negative mentions
Mentions as of
10/1/2022
  • 13 very positive mentions
  • 21 positive mentions
  • 7 negative mentions
  • 2 very negative mentions
Mentions as of
10/31/2022
  • 8 very positive mentions
  • 13 positive mentions
  • 8 negative mentions
  • 0 very negative mentions
Mentions as of
11/30/2022
  • 7 very positive mentions
  • 5 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
12/30/2022
  • 27 very positive mentions
  • 31 positive mentions
  • 8 negative mentions
  • 2 very negative mentions
Mentions as of
1/29/2023

Current Sentiment

  • 27 very positive mentions
  • 31 positive mentions
  • 8 negative mentions
  • 2 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Baker Hughes logo
Baker Hughes Co. is a holding company. The firm engages in the provision of oilfield products, services, and digital solutions. It operates through the following segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS) and Digital Solutions (DS). The OFS segment provides products and services for on and offshore operations across the lifecycle of a well, ranging from drilling, evaluation, completion, production, and intervention. The OFE segment provides a broad portfolio of products and services required to facilitate the safe and reliable flow of hydrocarbons from the subsea wellhead to the surface production facilities. The TPS segment provides equipment and related services for mechanical-drive, compression and power-generation applications. The DS segment provides operating technologies helping to improve the health, productivity, and safety of asset intensive industries and enable the Industrial Internet of Things. The company was founded in April 1987 and is headquartered in Houston, TX.
Read More

Today's Range

Now: $31.30
Low: $31.14
High: $31.77

50 Day Range

MA: $29.46
Low: $27.11
High: $31.80

52 Week Range

Now: $31.30
Low: $20.42
High: $39.78

Volume

5,435,252 shs

Average Volume

5,783,458 shs

Market Capitalization

$31.57 billion

P/E Ratio

N/A

Dividend Yield

2.43%

Beta

1.48

Frequently Asked Questions

What sell-side analysts currently cover shares of Baker Hughes?

The following Wall Street research analysts have issued research reports on Baker Hughes in the last twelve months: ATB Capital, Bank of America Co., Barclays PLC, Benchmark Co., BMO Capital Markets, Citigroup Inc., Evercore ISI, HSBC Holdings plc, Jefferies Financial Group Inc., Morgan Stanley, Piper Sandler, Royal Bank of Canada, Seaport Res Ptn, Stephens, Stifel Nicolaus, Susquehanna, Susquehanna Bancshares, Inc., The Goldman Sachs Group, Inc., UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for BKR.

What is the current price target for Baker Hughes?

19 Wall Street analysts have set twelve-month price targets for Baker Hughes in the last year. Their average twelve-month price target is $35.86, suggesting a possible upside of 14.6%. UBS Group AG has the highest price target set, predicting BKR will reach $43.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $29.00 for Baker Hughes in the next year.
View the latest price targets for BKR.

What is the current consensus analyst rating for Baker Hughes?

Baker Hughes currently has 1 hold rating and 15 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe BKR will outperform the market and that investors should add to their positions of Baker Hughes.
View the latest ratings for BKR.

What other companies compete with Baker Hughes?

Other companies that are similar to Baker Hughes include Enphase Energy, ONEOK, Imperial Oil, Constellation Energy and Mplx. Learn More about companies similar to Baker Hughes.

How do I contact Baker Hughes' investor relations team?

Baker Hughes' physical mailing address is 17021 ALDINE WESTFIELD, HOUSTON TX, 77073. The company's listed phone number is (713) 439-8600 and its investor relations email address is [email protected] The official website for Baker Hughes is www.bhge.com. Learn More about contacing Baker Hughes investor relations.