Q3 EPS Estimates for Baker Hughes Lowered by Zacks Research

Baker Hughes (NASDAQ:BKR) – Equities research analysts at Zacks Research cut their Q3 2025 earnings per share (EPS) estimates for Baker Hughes in a report released on Tuesday, May 13th. Zacks Research analyst R. Department now forecasts that the company will earn $0.61 per share for the quarter, down from their prior forecast of $0.68. The consensus estimate for Baker Hughes’ current full-year earnings is $2.59 per share. Zacks Research also issued estimates for Baker Hughes’ Q4 2025 earnings at $0.71 EPS, FY2025 earnings at $2.37 EPS, Q1 2026 earnings at $0.56 EPS, Q2 2026 earnings at $0.74 EPS, Q3 2026 earnings at $0.74 EPS and FY2026 earnings at $2.83 EPS.

Baker Hughes (NASDAQ:BKR) last announced its quarterly earnings data on Tuesday, April 22nd. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.03. Baker Hughes had a return on equity of 14.58% and a net margin of 10.70%. The firm had revenue of $6.43 billion for the quarter, compared to analysts’ expectations of $6.54 billion.

BKR has been the subject of a number of other reports. JPMorgan Chase & Co. increased their target price on shares of Baker Hughes from $50.00 to $52.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Evercore ISI dropped their target price on shares of Baker Hughes from $52.00 to $50.00 and set an “outperform” rating for the company in a report on Thursday, April 24th. The Goldman Sachs Group increased their target price on shares of Baker Hughes from $51.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Stifel Nicolaus set a $50.00 target price on shares of Baker Hughes and gave the stock a “buy” rating in a report on Thursday, April 24th. Finally, Susquehanna dropped their target price on shares of Baker Hughes from $48.00 to $46.00 and set a “positive” rating for the company in a report on Thursday, April 24th. Two research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $49.11.

Baker Hughes Stock Performance

Baker Hughes stock opened at $37.79 on Friday. The company has a current ratio of 1.32, a quick ratio of 0.94 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average of $39.30 and a 200-day moving average of $42.05. The firm has a market cap of $37.44 billion, a P/E ratio of 12.68, a P/E/G ratio of 2.00 and a beta of 0.96. Baker Hughes has a 1-year low of $30.93 and a 1-year high of $49.40.

Institutional Trading of Baker Hughes

Several large investors have recently modified their holdings of BKR. Norges Bank bought a new stake in shares of Baker Hughes in the fourth quarter worth $829,092,000. Nuveen LLC bought a new stake in shares of Baker Hughes in the first quarter worth $404,385,000. Raymond James Financial Inc. bought a new stake in shares of Baker Hughes in the fourth quarter worth $291,289,000. Pacer Advisors Inc. grew its holdings in shares of Baker Hughes by 2,585.6% in the first quarter. Pacer Advisors Inc. now owns 3,856,915 shares of the company’s stock worth $169,511,000 after acquiring an additional 3,713,301 shares during the period. Finally, Neuberger Berman Group LLC grew its holdings in Baker Hughes by 2,527.6% during the fourth quarter. Neuberger Berman Group LLC now owns 3,319,418 shares of the company’s stock valued at $136,158,000 after purchasing an additional 3,193,089 shares during the period. Institutional investors own 92.06% of the company’s stock.

Baker Hughes Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Tuesday, May 6th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 2.43%. The ex-dividend date was Tuesday, May 6th. Baker Hughes’s payout ratio is currently 31.40%.

About Baker Hughes

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.