Zacks Research Forecasts Higher Earnings for Baker Hughes

Baker Hughes Company (NASDAQ:BKR) – Stock analysts at Zacks Research upped their Q2 2026 earnings estimates for shares of Baker Hughes in a research report issued on Thursday, November 13th. Zacks Research analyst Team now anticipates that the company will earn $0.63 per share for the quarter, up from their previous forecast of $0.62. The consensus estimate for Baker Hughes’ current full-year earnings is $2.59 per share. Zacks Research also issued estimates for Baker Hughes’ Q4 2026 earnings at $0.74 EPS, FY2026 earnings at $2.54 EPS, Q3 2027 earnings at $0.76 EPS and FY2027 earnings at $2.94 EPS.

A number of other equities analysts have also recently commented on the company. Piper Sandler raised their target price on Baker Hughes from $50.00 to $52.00 and gave the stock an “overweight” rating in a report on Thursday, October 16th. Royal Bank Of Canada upped their price target on Baker Hughes from $50.00 to $54.00 and gave the stock an “outperform” rating in a research report on Thursday, October 9th. BMO Capital Markets raised their price objective on Baker Hughes from $53.00 to $55.00 in a research note on Tuesday, November 11th. Morgan Stanley boosted their price objective on Baker Hughes from $45.00 to $55.00 and gave the company an “overweight” rating in a research note on Tuesday, July 29th. Finally, Melius initiated coverage on shares of Baker Hughes in a report on Wednesday, August 20th. They issued a “buy” rating and a $60.00 target price for the company. Twenty-three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Baker Hughes currently has an average rating of “Moderate Buy” and an average price target of $53.38.

Baker Hughes Stock Up 2.6%

BKR opened at $48.73 on Monday. The firm’s 50 day simple moving average is $47.51 and its two-hundred day simple moving average is $42.90. The company has a market capitalization of $48.09 billion, a PE ratio of 16.80, a PEG ratio of 2.06 and a beta of 1.03. Baker Hughes has a 1-year low of $33.60 and a 1-year high of $50.92. The company has a current ratio of 1.41, a quick ratio of 1.00 and a debt-to-equity ratio of 0.33.

Baker Hughes (NASDAQ:BKR) last posted its quarterly earnings data on Friday, November 18th. The company reported $0.16 earnings per share (EPS) for the quarter. Baker Hughes had a net margin of 10.43% and a return on equity of 14.22%. The company had revenue of $5.09 billion for the quarter.

Institutional Investors Weigh In On Baker Hughes

Several large investors have recently bought and sold shares of BKR. Activest Wealth Management grew its stake in shares of Baker Hughes by 1,242.5% in the 3rd quarter. Activest Wealth Management now owns 537 shares of the company’s stock worth $26,000 after buying an additional 497 shares in the last quarter. N.E.W. Advisory Services LLC bought a new position in shares of Baker Hughes in the 1st quarter valued at about $30,000. E Fund Management Hong Kong Co. Ltd. grew its position in Baker Hughes by 104.0% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 661 shares of the company’s stock worth $32,000 after acquiring an additional 337 shares in the last quarter. Harbour Investments Inc. increased its stake in Baker Hughes by 61.7% during the second quarter. Harbour Investments Inc. now owns 854 shares of the company’s stock worth $33,000 after acquiring an additional 326 shares during the last quarter. Finally, LFA Lugano Financial Advisors SA bought a new stake in Baker Hughes during the second quarter worth approximately $36,000. Institutional investors own 92.06% of the company’s stock.

Insider Transactions at Baker Hughes

In other news, EVP Sreeganesh Ramaswamy sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $50.00, for a total transaction of $1,250,000.00. Following the sale, the executive vice president directly owned 40,520 shares of the company’s stock, valued at $2,026,000. This represents a 38.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Rebecca L. Charlton sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $50.00, for a total value of $50,000.00. Following the transaction, the chief accounting officer owned 11,772 shares of the company’s stock, valued at $588,600. This represents a 7.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.27% of the stock is currently owned by insiders.

Baker Hughes Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Tuesday, November 4th were issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Tuesday, November 4th. Baker Hughes’s payout ratio is 31.72%.

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.