Baker Hughes (NASDAQ:BKR) Stock

BAKER HUGHES CO

Baker Hughes

Following a 2022 reorganization, Baker Hughes operates across two segments: oilfield services and equipment, and industrial and energy technology. The firm's oilfield services and equipment segment, or OFSE, is one of the Big Three oilfield service players, along with SLB and Halliburton, and mostly supplies to hydrocarbon developers and producers, including national oil companies, major integrated firms, and independents. Markets outside of North America buy roughly three quarters of the firm's OFSE. Baker Hughes' industrial and energy technology segment manufactures and sells turbines, compressors, pumps, valves, and related testing and monitoring services across various energy and industrial applications.

Baker Hughes Co

BUNKA SHUTTER CO ORD by Bunka Shutter Co.

Bunka Shutter Co Ltd

BANK IRELAND GRP EUR1 ORD by Bank Ireland Group PLC

Bank of Ireland Group PLC

BANK IRELAND GRP UNSP/ADR by Bank Ireland Group PLC

PT Bank Rakyat Indonesia (Persero) Tbk

BLACK ROCK PETROLEUM CO by Black Rock Petroleum Company

Black Rock Petroleum Co

BLACKROCK SILVER CORP by Blackrock Silver Corp.

Blackrock Silver Corp

BKRW - United States Dollar

<h3 class="wp-block-heading">New On The Block</h3>
Byron Allen's Allen Media Group has hired Moelis &amp; Company to explore a sale of its TV stations across 21 markets. The company spent over $1 billion acquiring Big Four network affiliates (ABC, NBC, CBS, FOX) over the past six years. 
It is now looking to cash out and reduce debt. Deadline <a href="https://deadline.com/2025/06/allen-media-group-hires-investment-bank-to-sell-tv-stations-1236420381/">reported</a> that the TV stations have received multiple offers. 
Also for sale: 
<ul class="wp-block-list">
<li>Jefferies is shopping around PatientPoint, a health marketing and ad agency, according <a href="https://www.axios.com/pro/health-tech-deals/2025/06/04/patientpoint-jefferies-sale">to</a> Axios. L Catterton, Littlejohn &amp; Co. and Transformation Capital are on the sell side. </li>
<li>Just three years ago, private equity firm One Equity Partners <a href="https://www.oneequity.com/news/one-equity-partners-completes-investment-in-infucare-rx-a-leading-home-infusion-therapy-provider/">completed</a> a strategic investment in infusion provider InfuCare. Today? It&#8217;s looking to get rid of it. According to Axios, JPMorgan is <a href="https://www.axios.com/pro/health-tech-deals/2025/06/03/infucare-one-equity-jpmorgan-sale">looking</a> for a buyer. </li>
<li>Swiss biotech MoonLake Immunotherapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLTX#NASDAQ">MLTX</a>) received a <a href="https://www.benzinga.com/news/health-care/25/06/45743008/mercks-dealmaking-intensifies-with-moonlake-bid-as-keytruda-patent-cliff-nears-report">bid exceeding $3 billion</a> from Merck &amp; Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>). MoonLake turned down the initial offer, but talks are reportedly revived. The potential purchase signals renewed dealmaking activity as investor pressure has mounted on Merck to secure new assets, especially as its blockbuster <a href="https://www.benzinga.com/general/health-care" target="_blank" rel="noreferrer noopener">cancer drug Keytruda</a> faces patent expiration as early as 2028.</li>
</ul>
<h3 class="wp-block-heading">Updates From The Block</h3>
<ul class="wp-block-list">
<li>Post Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POST#NYSE">POST</a>) is forking over $880 million—including assumed debt—to buy 8th Avenue Food &amp; Provisions. That means brands like Ronzoni pasta will go back into Post&#8217;s pantry. <a href="https://www.wsj.com/articles/post-holdings-to-buy-ronzoni-pasta-owner-8th-avenue-food-cf8f454c?mod=deals_news_article_pos2">Per</a> The Wall Street Journal, the private-label brands originally got spun off into 8th Avenue in 2018 with help from private equity firm THL. Post plans to wipe out 8th Avenue's net debt and pick up the tab for all equity interests, including $111 million in finance leases. All in, the transaction is expected to cook up $15 million in annual synergies by the end of fiscal 2026. If Post closes by July 1, it expects 2026 to be more profitable (on an adjusted basis) than initially expected.</li>
</ul>
<ul class="wp-block-list">
<li>Rosebank Industries (LON: ROSE) is once again in talks to buy Electrical Components International (ECI), a wire harnesses manufacturer, for about $1.9 billion, Reuters reported. Rosebank was in talks to buy ECI in February but dropped the plans in March.</li>
</ul>
<ul class="wp-block-list">
<li>Sanofi SA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) agreed to acquire Blueprint Medicines Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPMC#NASDAQ">BPMC</a>). The acquisition includes a rare immunology disease medicine, Ayvakit/Ayvakyt (avapritinib), approved in the U.S. and the EU. The acquisition will also include elenestinib, a next-generation medicine for SM, and BLU-808, a highly selective and potent oral wild-type KIT inhibitor with the potential for immunology diseases. Sanofi will pay&nbsp;$129&nbsp;per share in cash, representing an equity value <a href="https://www.benzinga.com/news/health-care/25/06/45719179/sanofi-expands-rare-immunology-portfolio-with-blueprint-buyout">of roughly&nbsp;$9.1 billion</a>.</li>
</ul>
<ul class="wp-block-list">
<li>Suzano S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUZ#NYSE">SUZ</a>) is acquiring a 51% stake in a new $3.4 billion tissue products joint venture with Kimberly-Clark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NASDAQ">KMB</a>), <a href="https://www.benzinga.com/m-a/25/06/45797473/tissue-titans-unite-suzano-kimberly-clark-form-3-4-billion-global-jv">paying $1.734 billion in cash</a>. Kimberly-Clark will retain a 49% stake. The Netherlands-based venture will produce and distribute toilet paper and facial tissues in 70 countries, with 22 factories across 14 countries, employing about 9,000 people. The facilities have an annual capacity of 1 million tonnes and generated $3.3 billion in net sales in 2024.</li>
</ul>
<h3 class="wp-block-heading">Off The Block</h3>
<ul class="wp-block-list">
<li>Robinhood (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45740112/robinhood-completes-200-million-bitstamp-deal-gains-access-to-500k-crypto-users-and-95-million-revenue-stream">completed its $200 million acquisition</a> of Bitstamp, a crypto exchange that had raised around $40 million from firms like Pantera Capital and Ripple.</li>
</ul>
<ul class="wp-block-list">
<li>Cactus Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHD#NYSE">WHD</a>) <a href="https://www.benzinga.com/m-a/25/06/45724879/cactus-takes-majority-stake-in-baker-hughes-spc-for-global-reach">formed a joint venture</a> with Baker Hughes Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>), taking a 65% stake and operational control of Baker Hughes&#8217; Surface Pressure Control (SPC) business. Baker Hughes will retain a 35% stake. The new venture, separate from Cactus' current pressure control unit, will focus on international wellhead and production tree systems.</li>
</ul>
<ul class="wp-block-list">
<li>Guardian Pharmacy Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRDN#NYSE">GRDN</a>) is <a href="https://www.benzinga.com/pressreleases/25/06/b45719054/guardian-pharmacy-services-expands-pacific-northwest-footprint-with-acquisition-of-washington-base" target="_blank" rel="noreferrer noopener">entering the Pacific Northwest market</a> via acquisition. Mercury Pharmacy Services, a provider of long-term care pharmacy solutions, agreed to a price, but <a href="https://www.benzinga.com/m-a/25/06/45723960/guardian-pharmacy-strengthens-us-footprint-with-new-seattle-area-acquisition">the amount remains undisclosed</a>.</li>
</ul>
<h3 class="wp-block-heading">Bankruptcy Block</h3>
<ul class="wp-block-list">
<li>AI startup Builder.ai has filed for Chapter 7 bankruptcy in Delaware after creditors seized most of its cash, citing overstated 2024 sales projections—by a staggering 300%. Once valued at $1.5 billion, Builder.ai is now the biggest AI collapse since the ChatGPT-driven investment boom began. According <a href="https://www.bloomberg.com/news/articles/2025-06-05/builder-ai-files-for-bankruptcy-after-creditors-seize-accounts?sref=TBDibEcD">to</a> Bloomberg, the fallout was fueled by revelations that Builder.ai allegedly faked business with Indian social media firm VerSe Innovation to inflate revenues. VerSe co-founder Umang Bedi denies any wrongdoing, calling the claims "baseless and false."</li>
</ul>
<ul class="wp-block-list">
<li>Hooters closed some 30 corporate-owned restaurants and explained that it has <a href="https://www.businesswire.com/news/home/20250331979797/en/Hooters-of-America-Takes-Strategic-Action-to-Continue-its-Iconic-Legacy-Under-Pure-Franchise-Business-Model" target="_blank" rel="noreferrer noopener">no plans </a>to shut down any other locations. The Atlanta, Georgia-based restaurant chain went <a href="https://www.benzinga.com/personal-finance/25/04/44647084/hooters-files-for-bankruptcy-says-brand-isnt-going-anywhere">bankrupt earlier this year</a>.</li>
</ul>
<ul class="wp-block-list">
<li>Alex Jones may see his personal assets — including guns, cars, and homes — sold by the end of the year, according to the Houston Chronicle, <a href="https://www.houstonchronicle.com/news/houston-texas/texas/article/alex-jones-personal-assets-sales-bankruptcy-20361565.php">citing</a> a bankruptcy trustee. The potential sale would mark the nearing end of his two-and-a-half-year bankruptcy process. Jones, who created the far-right conspiracy theory website Infowars, filed for bankruptcy in 2022 after being ordered to pay nearly $1.5 billion to families of Sandy Hook shooting victims for defamation.</li>
</ul>
<h3 class="wp-block-heading">Notes From The Block</h3>
A studio's IP portfolio and game development pipeline are critical for video game investors. A major acquirer in the sector is GDEV Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDEV#NASDAQ">GDEV</a>). The Cyprus-based company has made three M&amp;A deals and spent $100 million on studio acquisitions since 2022. 
This week, Andrey Fadeev drafted <a href="https://www.benzinga.com/m-a/25/06/45722621/gdevs-founder-ceo-evaluates-m-a-deals-using-these-5-metrics">a listicle of key metrics</a> GDEV uses for M&amp;A evaluation.
<ol class="wp-block-list">
<li>LTV/CAC Ratio – Measures how efficiently a studio converts user acquisition spend into revenue. A ratio above 1.0 indicates profitable user growth.</li>
<li>Retention Rates (D1, D7, D30) – Track user engagement over time. High retention signals strong gameplay and monetization potential. Benchmarks vary by genre.</li>
<li>ARPU/ARPPU – Indicate monetization efficiency. ARPU includes all users; ARPPU focuses on paying users. Higher ARPU justifies higher CAC.</li>
<li>DAU/MAU Ratio – Shows user engagement depth. A ratio above 20% is considered strong.</li>
<li>EBITDA – Reflects core operational profitability and financial health. High EBITDA margins show sustainable growth and efficiency.</li>
</ol>
In 2024, video game M&amp;A activity reached $27.3 billion, underscoring the sector's immense growth and investment appeal. C-suite executives would be wise to consider these metrics when searching for their next target. 
<a href="https://www.benzinga.com/markets/asset-sales/25/05/45702349/deal-dispatch-beauty-brand-behavioral-health-firms-hit-auction-block">For last week&#8217;s edition of Deal Dispatch, click here</a>.
Now Read:
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<li><a href="https://www.benzinga.com/m-a/25/06/45816311/conagra-sells-seafood-brands-for-55m-as-it-sharpens-focus-on-core-business">Conagra Sells Seafood Brands For $55M As It Sharpens Focus On Core Business</a></li>
</ul>
Image created using a photo from Shutterstock.

Asset Sales

BPMC

GDEV

GRDN

HOOD

KEYS

MLTX

POST

ROSE

SNOW

Deal Dispatch: TV Stations For Sale, This Buyer Wants Seconds On Pasta

Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) has outperformed the market over the past 5 years by 3.04% on an annualized basis producing an average annual return of 16.1%. Currently, Baker Hughes has a market capitalization of $37.27 billion. 
Buying $100 In BKR: If an investor had bought $100 of BKR stock 5 years ago, it would be worth $218.28 today based on a price of $37.62 for BKR at the time of writing.
<h3>Baker Hughes's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748880913_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Trading Ideas

$100 Invested In Baker Hughes 5 Years Ago Would Be Worth This Much Today

Cactus Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHD#NYSE">WHD</a>) will become the majority owner of a <a target="_blank" href="https://www.benzinga.com/pressreleases/25/06/g45719936/baker-hughes-cactus-create-joint-venture-for-surface-pressure-control-services" rel="noreferrer noopener">new joint venture</a> with Baker Hughes Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>), which will take control of BKR&#8217;s Surface Pressure Control (SPC) business. The agreement, announced Monday, marks a strategic realignment as both companies look to expand their global oilfield equipment footprint.
Baker Hughes will retain a 35% stake, while Cactus <a target="_blank" href="https://www.benzinga.com/pressreleases/25/06/b45719934/cactus-announces-agreement-to-acquire-65-controlling-interest-in-baker-hughes-surface-pressure-con" rel="noreferrer noopener">will acquire 65%</a> and operational control. The venture, which will function separately from Cactus&#8217; existing pressure control division, will focus on supplying wellhead and production tree systems to international markets.
The move supports Baker Hughes&#8217; efforts to streamline its portfolio and allocate capital to higher-return segments. CEO Lorenzo Simonelli said the deal helps sharpen the company&#8217;s strategic focus while ensuring continuity for SPC clients. He added that the partnership brings together Cactus&#8217;s agility and Baker Hughes&#8217; global scale to boost innovation in well-controlled systems.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/25/06/45716769/shell-occidental-petroleum-and-exxon-mobil-rise-in-monday-premarket-whats-going-on" rel="noreferrer noopener">Shell, Occidental Petroleum And Exxon Mobil Rise In Monday Premarket: What&#8217;s Going On?</a>
Cactus CEO Scott Bender highlighted the value of SPC&#8217;s global reach, with around 85% of its revenue tied to the Middle East. The acquisition reduces Cactus&#8217;s exposure to the U.S. market and adds a $600 million order backlog, providing strong revenue visibility and cash flow stability.
The $530 million joint venture values Cactus&#8217; 65% share at $344.5 million. The company intends to fund the deal using existing cash and may tap its unused $225 million credit facility. The agreement includes an option for Cactus to buy the remaining 35% after two years. The transaction is expected to close in the second half of 2025.
The company had <a href="https://www.benzinga.com/pressreleases/25/04/b45121011/cactus-announces-first-quarter-2025-results">cash and equivalents</a> of $347.7 million, with no bank debt outstanding as of March 31, 2025.
Related ETFs: Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>), iShares U.S. Oil Equipment &amp; Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IEZ#NYSE">IEZ</a>).
Price Action: At last check Monday, WHD shares are trading higher by 2.76% to $42, and BKR was up 0.61% to $37.28.
Read Next:
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<li><a href="https://www.benzinga.com/news/macro-notification/25/06/45719956/federal-reserves-preferred-inflation-gauge-falls-to-2025-low-but-jerome-powell-maintains-wait-and-see-stance-amid-tariff-uncertainty" target="_blank" rel="noreferrer noopener">Federal Reserve&#8217;s Preferred Inflation Gauge Falls To 2025 Low, But Jerome Powell Maintains &#8216;Wait-And-See&#8217; Stance Amid Tariff Uncertainty</a></li>
</ul>
Photo by hkhtt hj via Shutterstock

Movers

iShares Dow Jones US Oil Equipment & Services Index Fund

Cactus Takes Majority Stake In Baker Hughes' SPC For Global Reach

Cactus, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHD#NYSE">WHD</a>) (&quot;Cactus&quot; or the &quot;Company&quot;) announced today that its subsidiary Cactus Companies, LLC has entered into a definitive agreement with certain subsidiaries of Baker Hughes Company (&quot;Baker Hughes&quot;) to acquire 65% and assume operational control of the Baker Hughes Surface Pressure Control Business (&quot;SPC&quot; or the &quot;Business&quot;). SPC designs, manufactures and services specialized surface pressure control solutions, primarily wellheads and production tree equipment, for international markets.
Business Highlights
<ul>
<li>Acquisition establishes Cactus&#39; position as a premier, capital-light and geographically diversified oilfield equipment manufacturer</li>
<li>Transforms Cactus&#39; geographic footprint, with ~85% of SPC revenues generated in the Middle East and no material U.S. external sales, providing for a more diverse and stable consolidated Cactus Pressure Control revenue profile through market cycles</li>
<li>Greater revenue, earnings and cash flow visibility from the acquisition resulting from SPC&#39;s $600+ million product and aftermarket service backlog as of December 31, 2024</li>
<li>Highly accretive to financial metrics while maintaining a conservative balance sheet</li>
<li>A Joint Venture will be formed to hold SPC, and Baker Hughes will retain 35% ownership in the Joint Venture post-closing</li>
</ul>
Scott Bender, Chairman and CEO of Cactus, commented, &quot;I am extremely pleased to announce this acquisition today, which is the result of a long, exhaustive process to responsibly enter several of the most important oil and gas markets in the world. The SPC Business meets all of our acquisition criteria. Its geographic footprint is highly complementary to Cactus&#39; existing business, and this combination enables us to expand our reach as a capital-light manufacturer of highly-engineered products sold directly to end users. Additionally, our leadership team&#39;s familiarity with the Business, which operates former Wood Group Pressure Control assets that members of our team previously managed, provides increased confidence in operating the business efficiently. We are excited to partner with Baker Hughes in the Joint Venture operating SPC, as their partnership will be instrumental to transition key administrative services and will assist in a smooth transition of critical customer relationships and long-term contracts.
The current SPC leadership team has substantially improved the operating and financial performance of the Business in the past several years through service facility and manufacturing footprint rationalizations, and we look forward to continuing optimization work with the leadership team to further progress SPC&#39;s capabilities. Over time, we expect to enhance the supply chain given our specialized knowledge of these products and our expanding global low-cost manufacturing footprint, driving improved financial returns.
In conclusion, we have been evaluating alternatives to expand our operational capabilities and geographic footprint, and we believe that the acquisition of our interest in SPC represents the most attractive expansion opportunity available. This transaction provides us with improved access to important new non-tariff impacted markets for both Pressure Control and Spoolable Technologies products to continue the growth trajectory we have demonstrated since our founding and should diversify and stabilize our revenue streams through cycles. I am pleased that we have structured the transaction to enable us to acquire a controlling share of the business while maintaining financial flexibility in this market environment, and we expect to close the transaction later this year with little-to-no net debt. We look forward to operating this business with the same focus on margins, returns and customer execution that you have come to expect of Cactus, with the goal of increasing long-term value for shareholders.&quot;
Transaction &amp; Financing Details
Cactus will purchase a 65% interest in SPC for $344.5 million ($530 million total enterprise value on a cash-free, debt-free basis) subject to customary purchase price adjustments. Cactus also plans to capitalize the JV balance sheet with $70 million of operating cash at close, and Baker Hughes will contribute 35% of that cash which will be paid back to them over time. Any time after the second anniversary of closing, Cactus has the right to purchase, and Baker Hughes has the right to require Cactus to purchase, the remaining 35% interest. Cactus expects to utilize cash on hand (approx. $348 million as of March 31, 2025) and funds from its undrawn $225 million revolving credit facility to fund the up-front consideration. The Company may elect to pursue one or more debt financing transactions prior to closing to preserve revolving credit facility liquidity. Closing is expected to occur in the second half of 2025.

Cactus To Acquire 65% Interest In Baker Hughes Surface Pressure Control Business For $344.5M

<ul>
<li>Baker Hughes will supply 16 NovaLT&#x2122; gas turbines for data center projects in the U.S.</li>
<li>Award builds on the collaboration announced in March 2025 between Baker Hughes and Frontier</li>
</ul>
HOUSTON and LONDON, May 29, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>), an energy technology company, announced Wednesday an award from Frontier Infrastructure Holdings ("Frontier"), a Tailwater Capital LLC portfolio company, for 16 NovaLT&#x2122; gas turbines to power its data center projects in Wyoming and Texas, delivering up to 270 megawatts (MW) of efficient, reliable power.
As part of the award, Baker Hughes is supplying Frontier its <a href="https://www.globenewswire.com/Tracker?data=1LV8ChHFkk9Pa1krc62Q3c6TtVpM8K-vT-vj1ZT6BC7Vofyi0klMnkluCXqPpTWtjBAGhm62zO3HDD4-xzpvV4nozs9VZrvOk-dN1pDde4PZDI9B-l1E1UP26k5pvBX9YA6CqmkOvDqpWzaW8new9qN8v3WP7GK_egD2TETCDFQ=">NovaLT&#x2122; gas turbine technology</a> and associated equipment, including <a href="https://www.globenewswire.com/Tracker?data=IRtsZorW4PO-67Ov09E5ll1dWN7jvaIOoaOVQe3e2bogMOTecaiEZMVaoxXYFKz4ckdy76asn2sTtNbeoGrCSDdvpy78qsaDuSx8WuSIm16Brq4ytcAWhMkYLMTn7ulthpYTkV2ZrHYqzna4KADOYw==">gears</a> and <a href="https://www.globenewswire.com/Tracker?data=GFsT_NbBwlRrM50HfW1GG3Xs81mfCfcHmpsPna26exuD-h60RL6dRycBgpeinRThEfUavtZwWn-5JYuXQ73vcAJnoJXPXm0zYYYSp4oZhGLJCvbpKzxVrEwhAj2MSrM35zBzwpH9mgkMhXtg3-Uxylx_A6piu93Q7zzqPS1yE_M=">Brush Power Generation four-pole generators</a>, to power dedicated energy islands at Frontier's behind-the-meter (BTM) power generation sites.
The order builds on <a href="https://www.globenewswire.com/Tracker?data=PB9-TIH9Q4Iemu8H2RzLkjVQAIfylf9ScuQBhzkTsr6t5teUoaiftlMJHpcAZLh2tEzpH8ymVkvL8cGjfSKTKQi_bcpVHwg85qAo90ofb-8LnsV_vykXXO2ovYfT5tEiifyKPHnFeIIifXxJqu9VUgpXu-oyyhyfWvJ7cxYT_6L42pg2FTOte8aoi7w9zdte_Zyf0j6p7adkVygeNtX1pd0jla1BdVHkGTsdR9B_pNyWySD6jow6WTREc_Zt_mqDuT4olNL9Wmy6A2KtPzeZRw==">a March 2025 agreement between the two companies</a> to accelerate large-scale carbon capture and storage ("CCS") and power solutions in the U.S., including the Sweetwater Carbon Storage Hub in Wyoming.

Baker Hughes To Supply 16 NovaLT Gas Turbines For Data Center Projects In US

C3 AI And Baker Hughes Renew And Expand Joint Venture Through June 2028 To Accelerate AI-Driven Transformation In Energy And Industrial Sectors

Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) has outperformed the market over the past 5 years by 3.74% on an annualized basis producing an average annual return of 18.01%. Currently, Baker Hughes has a market capitalization of $36.35 billion. 
Buying $100 In BKR: If an investor had bought $100 of BKR stock 5 years ago, it would be worth $228.92 today based on a price of $36.69 for BKR at the time of writing.
<h3>Baker Hughes's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1747861226_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Baker Hughes Stock In The Last 5 Years

Throughout the last three months, 12 analysts have evaluated Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>), offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">4</td>
<td align="right">8</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">2</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Baker Hughes, revealing an average target of $49.25, a high estimate of $54.00, and a low estimate of $45.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 6.49%. 
<img src="https://www.benzinga.com/files/images/story/2025/1747422109_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The perception of Baker Hughes by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Connor Lynagh</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$45.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Keith Mackey</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$46.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Marc Bianchi</td>
<td>TD Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$49.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Stephen Gengaro</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$50.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>Derek Podhaizer</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$50.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Charles Minervino</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Positive</td>
<td>$46.00</td>
<td>$48.00</td>
</tr>
<tr>
<td>James West</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$50.00</td>
<td>$52.00</td>
</tr>
<tr>
<td>David Anderson</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$48.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>Stephen Gengaro</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$52.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>Charles Minervino</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Positive</td>
<td>$48.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Scott Gruber</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Buy</td>
<td>$53.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>David Anderson</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$54.00</td>
<td>$55.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Baker Hughes. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Baker Hughes compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Baker Hughes's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/BKR/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Baker Hughes analyst ratings.</a>
<h2>Get to Know Baker Hughes Better</h2>
Following a 2022 reorganization, Baker Hughes operates across two segments: oilfield services and equipment, and industrial and energy technology. The firm's oilfield services and equipment segment, or OFSE, is one of the Big Three oilfield service players, along with SLB and Halliburton, and mostly supplies to hydrocarbon developers and producers, including national oil companies, major integrated firms, and independents. Markets outside of North America buy roughly three quarters of the firm's OFSE. Baker Hughes' industrial and energy technology segment manufactures and sells turbines, compressors, pumps, valves, and related testing and monitoring services across various energy and industrial applications.
<h3>Financial Insights: Baker Hughes</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Baker Hughes's remarkable performance in 3M is evident. As of 31 March, 2025, the company achieved an impressive revenue growth rate of 0.14%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: Baker Hughes's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 6.25%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.37%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.05%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Baker Hughes's debt-to-equity ratio is below the industry average at 0.35, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>The Significance of Analyst Ratings Explained</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

Assessing Baker Hughes: Insights From 12 Financial Analysts

Morgan Stanley analyst Connor Lynagh maintains Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) with a Overweight and lowers the price target from $55 to $45.

Price Target

Morgan Stanley Maintains Overweight on Baker Hughes, Lowers Price Target to $45

Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) has outperformed the market over the past 5 years by 6.18% on an annualized basis producing an average annual return of 20.07%. Currently, Baker Hughes has a market capitalization of $36.38 billion. 
Buying $100 In BKR: If an investor had bought $100 of BKR stock 5 years ago, it would be worth $243.07 today based on a price of $36.72 for BKR at the time of writing.
<h3>Baker Hughes's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1746548116_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

Crude prices fell sharply after OPEC+ surprised markets with a bigger-than-expected production hike. This prompted Goldman Sachs to slash its oil price outlook and triggered a selloff <a href="https://www.benzinga.com/topic/energy-stocks-pre-market-movers">in U.S. energy stocks.</a>
In a note shared Monday, Goldman Sachs commodity analyst Daan Struyven said the bank lowered its oil price forecast by $2 to $3, projecting Brent and WTI to average $60 and $56, respectively, for the rest of 2025, and $56 and $52 in 2026. 
"Our key conviction remains that high spare capacity and high recession risk skew the risks to oil prices to the downside despite relatively tight spot fundamentals," Struyven said. 
<h3 class="wp-block-heading">What Prompted The Oil Selloff?</h3>
West Texas Intermediate futures opened at $55.36 per barrel Sunday evening in New York before recovering slightly to $57.10 by early Monday morning.
The drop was fueled by OPEC+'s Saturday decision to increase production by 411,000 barrels per day starting in June, a level in line with Goldman's base-case scenario. 
According to the note, the move likely reflects a combination of low oil inventories due to underproduction in Venezuela and the U.S. shale patch, as well as a push to bring laggard members like Iraq and Kazakhstan back in line with output targets. 
"The new baseline size of production increases is likely 0.41mb/d (million barrels per day)," Goldman said, projecting another similar hike in July.
Reuters reported that five OPEC+ sources suggested additional 411,000 bpd increases in August, September and October could follow if compliance issues persist. Although not confirmed by official OPEC channels, the market appeared to take this guidance seriously.
<h3 class="wp-block-heading">Brent Could Slide To $40 by 2026 In Bearish Scenario</h3>
Goldman models a steep downside scenario if production continues ramping while the economy slows. 
If the 2.2 million barrels per day in cuts are fully reversed through 0.41 mb/d monthly hikes, Brent crude could drop to the high $40s by late 2026 and WTI to the mid-$40s.
In a global recession, Brent could plunge to $40 and WTI to the high $30s.
While this outcome is less likely, Goldman said, the risk profile is skewed toward the downside given ample spare capacity and the possibility of further supply increases.
Despite this bearish tilt, the bank still recommends hedging downside risk using structured options strategies. It maintains a June 2026 Brent three-way position: selling a $75 call to fund a 55/45 put spread.
<h3 class="wp-block-heading">Energy Stocks Drop As Crude Slides</h3>
The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) fell 1.3% Monday as oil stocks responded swiftly to the OPEC+ announcement.
Exxon Mobil Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) and Chevron Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) dropped 1.9% and 1.7%, respectively.
APA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APA#NASDAQ">APA</a>), ONEOK, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OKE#NYSE">OKE</a>), and Occidental Petroleum Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) each fell by about 3%. 
Read now: 
<ul>
<li><a href="https://www.benzinga.com/markets/25/05/45184741/forget-the-stock-markets-tariff-turmoil-trumps-next-100-days-could-bring-a-bullish-trifecta-that-rei">Forget The Stock Market&#8217;s Tariff Turmoil. Trump&#8217;s Next 100 Days Could Bring A Bullish Trifecta That Reignites Demand, Expert Says</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Equities

Large Cap

Macro Economic Events

Mid Cap

Sector ETFs

Commodities

Small Cap

Economics

ETFs

Goldman Sachs Issues Bearish $40 Oil Forecast As OPEC+ Pumps More: Energy Stocks Sink

WIIM

Shares of energy stocks are trading lower amid a drop in the price of oil. Oil fell on reports suggesting OPEC+ agreed to production increases in June.

Baker Hughes's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NYSE">BKR</a>) short percent of float has risen 12.69% since its last report. The company recently reported that it has 27.92 million shares sold short, which is 3.64% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.46 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Baker Hughes Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1746205218_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Baker Hughes has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Baker Hughes's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Baker Hughes's peer group average for short interest as a percentage of float is 8.38%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

What Does the Market Think About Baker Hughes?

So much for &#8220;drill, baby, drill.&#8221; <a href="https://www.benzinga.com/topic/energy" target="_blank" rel="noopener">The energy sector</a> is drilling all right &#8211; straight into red territory.
Down a bruising 11.47% over the past month, Energy, as tracked by the SPDR Energy Select ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>), has officially become the worst-performing sector in the S&amp;P 500. And investors have Donald Trump's tariffs &#8211; and falling oil prices &#8211; to thank.
For perspective, the SPDR S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) is down just 0.91% over the past month.
<h2 class="wp-block-heading">Chevron, Halliburton, Occidental Down Over 15%</h2>
While the broader market treaded water, energy names went into free fall. Chevron Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) shed over 16.73% this month, Halliburton Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) crashed 19.16% and Occidental Petroleum Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) nosedived 18.25%.
APA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APA#NASDAQ">APA</a>) is off a staggering 22.74%. Even shale poster child Devon Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DVN#NYSE">DVN</a>) fell 16.31%. The carnage is deep and widespread.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44787088/conocophillips-vs-occidental-both-ride-the-oil-wave-only-one-is-shaping-the-tide">ConocoPhillips Vs. Occidental: Both Ride The Oil Wave, Only One Is Shaping The Tide</a>
<h2 class="wp-block-heading">Brutal Blow To Trump&#8217;s Energy Dominance Agenda</h2>
The culprit? A toxic mix of plummeting crude prices &#8211; U.S. oil has slid below $65 &#8211; and trade policy uncertainty. Tariffs are rattling supply chains and investor confidence. Oilfield giants like Baker Hughes, SLB, and Halliburton have already warned of slowing investment in exploration and drilling, forecasting double-digit drops in North American activity, <a href="https://www.cnbc.com/2025/04/29/oil-companies-that-trump-wants-to-drill-baby-drill-take-a-beating.html">reported</a> CNBC. 
And they're not shy about pointing fingers. "Tariffs are causing economic uncertainty," Schlumberger NV's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) CEO Olivier Le Peuch said last week. Baker Hughes Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) added that rising tariffs could slice as much as $200 million from earnings.
It's a brutal blow to Trump's energy dominance agenda, which had sought to unleash America's oil might.
But with investors now prioritizing capital discipline and waiting for clearer policy signals, that plan might be on pause. As one American Petroleum Institute analyst put it, the industry's most-used word lately? "Uncertainty." For now, it's the one thing Trump's energy push is producing in abundance.
Read Next: 
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<li><a href="https://www.benzinga.com/government/regulations/25/04/44973246/market-dip-attractive-entry-point-says-wells-fargo-energy-large-and-mid-cap-stock-favored">Market Dip &#8216;Attractive Entry Point,&#8217; Says Wells Fargo—Energy, Large And Mid-Cap Stock Favored</a></li>
</ul>
Photo: Shutterstock

Broad U.S. Equity ETFs

Markets

Crude Reality: Energy Sector Becomes S&P 500's Worst Performer, Thanks To Trump's Tariff Turmoil

RBC Capital analyst Keith Mackey maintains Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) with a Outperform and lowers the price target from $50 to $46.

RBC Capital Maintains Outperform on Baker Hughes, Lowers Price Target to $46

TD Securities analyst Marc Bianchi maintains Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) with a Buy and lowers the price target from $50 to $49.

TD Securities Maintains Buy on Baker Hughes, Lowers Price Target to $49

Stifel analyst Stephen Gengaro maintains Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) with a Buy and lowers the price target from $52 to $50.

Stifel Maintains Buy on Baker Hughes, Lowers Price Target to $50

Piper Sandler analyst Derek Podhaizer maintains Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) with a Overweight and lowers the price target from $53 to $50.

Piper Sandler Maintains Overweight on Baker Hughes, Lowers Price Target to $50

Susquehanna analyst Charles Minervino maintains Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>) with a Positive and lowers the price target from $48 to $46.

Susquehanna Maintains Positive on Baker Hughes, Lowers Price Target to $46

Across the recent three months, 14 analysts have shared their insights on Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">4</td>
<td align="right">10</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">2</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $52.86, a high estimate of $57.00, and a low estimate of $48.00. Observing a 0.82% increase, the current average has risen from the previous average price target of $52.43. 
<img src="https://www.benzinga.com/files/images/story/2025/1745499644_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
A clear picture of Baker Hughes's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
&#x7C; Analyst &#x7C; Analyst Firm &#x7C; Action Taken &#x7C; Rating &#x7C;Current Price Target&#x7C; Prior Price Target &#x7C; 
&#x7C;--------------------&#x7C;--------------------&#x7C;---------------&#x7C;---------------&#x7C;--------------------&#x7C;--------------------&#x7C; 
&#x7C;James West &#x7C;Evercore ISI Group &#x7C;Lowers &#x7C;Outperform &#x7C; $50.00&#x7C;$52.00 &#x7C; 
&#x7C;David Anderson &#x7C;Barclays &#x7C;Lowers &#x7C;Overweight &#x7C; $48.00&#x7C;$54.00 &#x7C; 
&#x7C;Stephen Gengaro &#x7C;Stifel &#x7C;Lowers &#x7C;Buy &#x7C; $52.00&#x7C;$54.00 &#x7C; 
&#x7C;Charles Minervino &#x7C;Susquehanna &#x7C;Lowers &#x7C;Positive &#x7C; $48.00&#x7C;$55.00 &#x7C; 
&#x7C;Scott Gruber &#x7C;Citigroup &#x7C;Lowers &#x7C;Buy &#x7C; $53.00&#x7C;$54.00 &#x7C; 
&#x7C;David Anderson &#x7C;Barclays &#x7C;Lowers &#x7C;Overweight &#x7C; $54.00&#x7C;$55.00 &#x7C; 
&#x7C;Kurt Hallead &#x7C;Benchmark &#x7C;Maintains &#x7C;Buy &#x7C; $57.00&#x7C;$57.00 &#x7C; 
&#x7C;David Anderson &#x7C;Barclays &#x7C;Raises &#x7C;Overweight &#x7C; $55.00&#x7C;$51.00 &#x7C; 
&#x7C;Charles Minervino &#x7C;Susquehanna &#x7C;Raises &#x7C;Positive &#x7C; $55.00&#x7C;$53.00 &#x7C; 
&#x7C;Stephen Gengaro &#x7C;Stifel &#x7C;Raises &#x7C;Buy &#x7C; $54.00&#x7C;$48.00 &#x7C; 
&#x7C;Derek Podhaizer &#x7C;Piper Sandler &#x7C;Raises &#x7C;Overweight &#x7C; $55.00&#x7C;$53.00 &#x7C; 
&#x7C;Keith Mackey &#x7C;RBC Capital &#x7C;Raises &#x7C;Outperform &#x7C; $53.00&#x7C;$49.00 &#x7C; 
&#x7C;Roger Read &#x7C;Wells Fargo &#x7C;Raises &#x7C;Overweight &#x7C; $54.00&#x7C;$49.00 &#x7C; 
&#x7C;Arun Jayaram &#x7C;JP Morgan &#x7C;Raises &#x7C;Overweight &#x7C; $52.00&#x7C;$50.00 &#x7C;
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Baker Hughes. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Baker Hughes compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Baker Hughes's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Baker Hughes's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/BKR/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Baker Hughes analyst ratings.</a>
<h2>Unveiling the Story Behind Baker Hughes</h2>
Following a 2022 reorganization, Baker Hughes operates across two segments: oilfield services and equipment, and industrial and energy technology. The firm's oilfield services and equipment segment, or OFSE, is one of the Big Three oilfield service players, along with SLB and Halliburton, and mostly supplies to hydrocarbon developers and producers, including national oil companies, major integrated firms, and independents. Markets outside of North America buy roughly three quarters of the firm's OFSE. Baker Hughes' industrial and energy technology segment manufactures and sells turbines, compressors, pumps, valves, and related testing and monitoring services across various energy and industrial applications.
<h3>Financial Milestones: Baker Hughes's Journey</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Decline in Revenue: Over the 3M period, Baker Hughes faced challenges, resulting in a decline of approximately -12.72% in revenue growth as of 31 March, 2025. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: Baker Hughes's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 6.25%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Baker Hughes's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.36%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Baker Hughes's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.05%, the company may face hurdles in achieving optimal financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.35, Baker Hughes adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying Baker Hughes: Insights From 14 Analyst Reviews

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