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Baker Hughes - BKR Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $40.94
  • Forecasted Upside: 25.31%
  • Number of Analysts: 15
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 12 Buy Ratings
  • 0 Strong Buy Ratings
$32.67 As of 04/24/2024 01:00 AM ET
▼ -0.33 (-1.00%)

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 $40.94
▲ +25.31% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for Baker Hughes in the last 3 months. The average price target is $40.94, with a high forecast of $49.00 and a low forecast of $36.00. The average price target represents a 25.31% upside from the last price of $32.67.

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 Moderate Buy

The current consensus among 15 contributing investment analysts is to moderate buy stock in Baker Hughes. This Moderate 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
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/1/2022
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
1/30/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
4/30/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
7/29/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2023
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2024
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
4/24/2024

Latest Recommendations

  • 0 strong buy ratings
  • 12 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/24/2024BenchmarkReiterated RatingBuy ➝ Buy$40.00Low
4/23/2024UBS GroupBoost Target$35.00 ➝ $36.00Low
4/23/2024The Goldman Sachs GroupBoost Target$36.00 ➝ $38.00Low
4/23/2024Morgan StanleyBoost Target$40.00 ➝ $43.00Low
4/8/2024SusquehannaReiterated RatingPositive ➝ Positive$40.00Low
2/1/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$39.00Low
1/29/2024Wolfe ResearchDowngradeOutperform ➝ Peer PerformLow
1/26/2024BarclaysLower TargetOverweight ➝ Overweight$43.00 ➝ $42.00Low
1/26/2024CitigroupLower TargetBuy ➝ Buy$42.00 ➝ $41.00Low
1/25/2024Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$39.00Low
1/25/2024TD CowenBoost TargetOutperform$46.00 ➝ $49.00Low
10/27/2023BarclaysBoost TargetOverweight ➝ Overweight$42.00 ➝ $43.00Low
10/18/2023BarclaysLower TargetOverweight ➝ Overweight$43.00 ➝ $42.00Low
10/17/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$37.00 ➝ $40.00Low
10/3/2023Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$37.00 ➝ $36.00Low
10/2/2023Jefferies Financial GroupBoost Target$42.00 ➝ $44.00Low
9/11/2023Piper SandlerBoost TargetOverweight ➝ Overweight$43.00 ➝ $47.00Low
8/17/2023UBS GroupBoost TargetNeutral ➝ Neutral$34.00 ➝ $37.00Low
7/25/2023CitigroupBoost TargetBuy$40.00 ➝ $42.00Low
7/24/2023Bank of AmericaBoost TargetBuy$38.00 ➝ $40.00Low
7/21/2023Morgan StanleyReiterated RatingOverweight ➝ Overweight$37.00Low
7/21/2023HSBCBoost TargetBuy$40.00 ➝ $43.00Low
7/20/2023Wells Fargo & CompanyBoost TargetEqual Weight$32.00 ➝ $37.00Low
7/20/2023SusquehannaBoost TargetPositive$38.00 ➝ $42.00Low
7/20/2023Stifel NicolausBoost TargetBuy$37.00 ➝ $39.00Low
7/12/2023Bank of AmericaInitiated CoverageBuyLow
7/3/2023UBS GroupBoost Target$30.00 ➝ $31.00Low
6/7/2023Capital One FinancialInitiated CoverageOverweight$38.00Low
4/21/2023HSBCBoost TargetBuy$39.00 ➝ $40.00Low
4/20/2023Evercore ISIBoost TargetOutperform$37.00 ➝ $38.00Low
4/20/2023SusquehannaBoost TargetPositive$35.00 ➝ $38.00Low
4/20/2023BarclaysBoost TargetOverweight$42.00 ➝ $43.00Low
4/19/2023UBS GroupInitiated CoverageNeutral$31.00Low
4/3/2023SusquehannaLower Target$40.00 ➝ $35.00Low
3/15/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$32.00Low
2/15/2023Piper SandlerUpgradeNeutral ➝ Overweight$34.00 ➝ $43.00Low
2/2/2023BMO Capital MarketsBoost TargetOutperform$33.00 ➝ $36.00Low
1/30/2023HSBCBoost Target$33.30 ➝ $39.00Low
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 4/24/2019 forward)

News Sentiment Rating

0.84 (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
  • 28 very positive mentions
  • 13 positive mentions
  • 6 negative mentions
  • 3 very negative mentions
Mentions as of
9/27/2023
  • 35 very positive mentions
  • 18 positive mentions
  • 7 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2023
  • 15 very positive mentions
  • 6 positive mentions
  • 7 negative mentions
  • 3 very negative mentions
Mentions as of
11/26/2023
  • 18 very positive mentions
  • 16 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
12/26/2023
  • 32 very positive mentions
  • 12 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2024
  • 37 very positive mentions
  • 16 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2024
  • 28 very positive mentions
  • 16 positive mentions
  • 7 negative mentions
  • 0 very negative mentions
Mentions as of
3/25/2024
  • 35 very positive mentions
  • 19 positive mentions
  • 6 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024

Current Sentiment

  • 35 very positive mentions
  • 19 positive mentions
  • 6 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Baker Hughes logo
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems, and oilfield and industrial chemicals; subsea projects and services, flexible pipe systems, and surface pressure control systems; and integrated well services and solutions. It serves oil and natural gas companies; the United States and international independent oil and natural gas companies; national or state-owned oil companies; engineering, procurement, and construction contractors; geothermal companies; and other oilfield service companies. The IET segment provides gas technology equipment, including drivers, driven equipment, flow control, and turnkey solutions for the mechanical-drive, compression, and power-generation applications; and energy sectors, such as oil and gas, LNG operations, petrochemical, and carbon solutions. This segment also provides rack-based vibration monitoring equipment and sensors; integrated asset performance management products; inspection services; pumps, valves, and gears; precision sensors and instrumentation, and condition monitoring solutions. It serves upstream, midstream, downstream, onshore, offshore, and small and large scale customers. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company was incorporated in 2016 and is based in Houston, Texas.
Read More

Today's Range

Now: $32.67
Low: $32.33
High: $33.78

50 Day Range

MA: $31.89
Low: $29.05
High: $34.31

52 Week Range

Now: $32.67
Low: $26.81
High: $37.58

Volume

11,445,419 shs

Average Volume

8,770,856 shs

Market Capitalization

$32.70 billion

P/E Ratio

17.10

Dividend Yield

2.59%

Beta

1.42

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: Bank of America Co., Barclays PLC, Benchmark Co., Capital One Financial Co., Citigroup Inc., HSBC Holdings plc, Jefferies Financial Group Inc., Morgan Stanley, Piper Sandler, Royal Bank of Canada, Stifel Nicolaus, Susquehanna, TD Cowen, The Goldman Sachs Group, Inc., TheStreet, UBS Group AG, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for BKR.

What is the current price target for Baker Hughes?

16 Wall Street analysts have set twelve-month price targets for Baker Hughes in the last year. Their average twelve-month price target is $40.94, suggesting a possible upside of 26.2%. TD Cowen has the highest price target set, predicting BKR will reach $49.00 in the next twelve months. UBS Group AG has the lowest price target set, forecasting a price of $36.00 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 3 hold ratings and 12 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for BKR.

What other companies compete with Baker Hughes?

Other companies that are similar to Baker Hughes include Fortive, Tenaris, TechnipFMC, Weatherford International and Devon Energy. 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.