JPMorgan Chase & Co. Issues Positive Forecast for Baker Hughes (NASDAQ:BKR) Stock Price

Baker Hughes (NASDAQ:BKR) had its price target increased by equities research analysts at JPMorgan Chase & Co. from $53.00 to $60.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 6.59% from the company’s current price.

A number of other equities analysts have also recently weighed in on BKR. Stifel Nicolaus boosted their price target on Baker Hughes from $57.00 to $58.00 and gave the stock a “buy” rating in a report on Tuesday. TD Cowen reiterated a “buy” rating on shares of Baker Hughes in a research report on Wednesday, January 7th. Barclays reissued an “overweight” rating and issued a $57.00 target price on shares of Baker Hughes in a research note on Tuesday. Zephirin Group raised their price target on shares of Baker Hughes from $40.00 to $45.00 and gave the stock a “hold” rating in a research note on Monday. Finally, HSBC lifted their price target on shares of Baker Hughes from $54.00 to $56.00 and gave the stock a “buy” rating in a report on Monday, October 27th. Twenty-one analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $55.70.

Baker Hughes Stock Up 4.4%

Shares of NASDAQ BKR opened at $56.29 on Tuesday. Baker Hughes has a 12-month low of $33.60 and a 12-month high of $56.89. The company has a market capitalization of $55.55 billion, a PE ratio of 19.41, a price-to-earnings-growth ratio of 1.70 and a beta of 0.89. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.41 and a quick ratio of 1.00. The firm’s 50-day moving average is $48.63 and its two-hundred day moving average is $46.73.

Baker Hughes (NASDAQ:BKR) last issued its quarterly earnings data on Sunday, January 25th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.11. Baker Hughes had a net margin of 10.43% and a return on equity of 14.22%. The business had revenue of $7.39 billion during the quarter, compared to analysts’ expectations of $7.09 billion. During the same period last year, the company posted $0.70 EPS. The company’s revenue was up .3% on a year-over-year basis. Equities analysts anticipate that Baker Hughes will post 2.59 EPS for the current fiscal year.

Institutional Trading of Baker Hughes

Institutional investors have recently made changes to their positions in the stock. Norges Bank acquired a new position in Baker Hughes in the second quarter valued at $862,722,000. Capital International Investors purchased a new position in shares of Baker Hughes in the 3rd quarter worth about $729,670,000. First Trust Advisors LP lifted its stake in shares of Baker Hughes by 76.0% in the 2nd quarter. First Trust Advisors LP now owns 7,419,033 shares of the company’s stock valued at $284,446,000 after purchasing an additional 3,203,942 shares in the last quarter. Capital World Investors grew its holdings in shares of Baker Hughes by 7.1% during the 3rd quarter. Capital World Investors now owns 47,546,388 shares of the company’s stock worth $2,316,462,000 after purchasing an additional 3,153,709 shares during the period. Finally, Sei Investments Co. increased its position in Baker Hughes by 247.5% during the 2nd quarter. Sei Investments Co. now owns 3,134,494 shares of the company’s stock worth $120,177,000 after purchasing an additional 2,232,394 shares in the last quarter. 92.06% of the stock is owned by hedge funds and other institutional investors.

Baker Hughes News Summary

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

• Positive Sentiment: Q4 earnings beat and revenue outperformance — Baker Hughes reported $0.78 EPS vs. $0.67 consensus and revenue of $7.39B vs. $7.09B, supported by IET strength; this is the primary driver of the stock rally. MarketBeat Earnings
• Positive Sentiment: Record orders and backlog — company release showed $7.9B in orders for Q4 and record RPO of $35.9B (including record IET RPO), signaling durable demand in Industrial & Energy Technology. GlobeNewswire Press Release
• Positive Sentiment: Analyst upgrade / one‑year high — coverage noting the stronger fundamentals helped push BKR to a new 1‑year high after at least one upgrade, adding momentum to the move. AmericanBankingNews: Analyst Upgrade
• Positive Sentiment: Venezuela opportunity flagged — management said there’s meaningful revenue opportunity in Venezuela if safety and legal/regulatory clarity are in place, suggesting potential upside in international markets. Reuters: Venezuela Opportunity
• Neutral Sentiment: Guidance mixed — Baker Hughes updated Q1 and FY2026 revenue ranges (Q1 ~$6.1B–$6.7B; FY ~$26.2B–$28.3B). Ranges roughly bracket consensus (Q1 near consensus, FY slightly below midpoint), leaving interpretation dependent on margins and segment mix. (company guidance announcement)
• Negative Sentiment: Some analyst caution remains — Zephirin Group raised its price target slightly to $45 but kept a “hold,” and that PT remains well below the current market level, signaling lingering valuation/near‑term skepticism among some analysts. MarketScreener: Zephirin PT

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.