Baker Hughes (NASDAQ:BKR) Stock Price Expected to Rise, Piper Sandler Analyst Says

Baker Hughes (NASDAQ:BKR) had its target price lifted by Piper Sandler from $52.00 to $61.00 in a report issued on Wednesday,MarketScreener reports. The firm currently has an “overweight” rating on the stock. Piper Sandler’s price objective suggests a potential upside of 7.53% from the company’s previous close.

Other analysts have also issued reports about the company. Evercore ISI set a $54.00 price objective on Baker Hughes in a research note on Monday, October 27th. Capital One Financial increased their price target on shares of Baker Hughes from $53.00 to $59.00 and gave the stock an “overweight” rating in a report on Tuesday. UBS Group raised their price objective on shares of Baker Hughes from $54.00 to $61.00 and gave the company a “neutral” rating in a research report on Wednesday. JPMorgan Chase & Co. upped their target price on shares of Baker Hughes from $53.00 to $60.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Citigroup increased their target price on shares of Baker Hughes from $61.00 to $64.00 and gave the stock a “buy” rating in a research note on Tuesday. Twenty-one research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $57.58.

Baker Hughes Stock Performance

NASDAQ BKR opened at $56.73 on Wednesday. The firm has a market cap of $55.98 billion, a P/E ratio of 21.82, a price-to-earnings-growth ratio of 1.76 and a beta of 0.89. The company has a quick ratio of 1.00, a current ratio of 1.41 and a debt-to-equity ratio of 0.33. The company’s 50 day moving average is $49.14 and its 200-day moving average is $46.97. Baker Hughes has a 12-month low of $33.60 and a 12-month high of $58.50.

Baker Hughes (NASDAQ:BKR) last released its quarterly earnings data on Sunday, January 25th. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.11. Baker Hughes had a net margin of 9.33% and a return on equity of 14.51%. The business had revenue of $7.39 billion during the quarter, compared to analyst estimates of $7.09 billion. During the same period in the previous year, the business earned $0.70 EPS. Baker Hughes’s revenue was up .3% compared to the same quarter last year. Sell-side analysts predict that Baker Hughes will post 2.59 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Activest Wealth Management boosted its holdings 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 purchasing an additional 497 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. boosted its stake 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 buying an additional 337 shares in the last quarter. JFS Wealth Advisors LLC grew its position in Baker Hughes by 45.1% during the fourth quarter. JFS Wealth Advisors LLC now owns 811 shares of the company’s stock valued at $37,000 after acquiring an additional 252 shares during the last quarter. Wolff Wiese Magana LLC raised its stake in shares of Baker Hughes by 55.6% during the fourth quarter. Wolff Wiese Magana LLC now owns 840 shares of the company’s stock worth $38,000 after acquiring an additional 300 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in shares of Baker Hughes in the 2nd quarter worth approximately $36,000. Institutional investors own 92.06% of the company’s stock.

Key Baker Hughes News

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

• Positive Sentiment: Record IET backlog and new energy‑transition deals drove a sharp rally in the stock, highlighting stronger service demand and better visibility for future revenue. Baker Hughes (BKR) Is Up 5.7% After Record IET Backlog And New Energy Transition Deals – Has The Bull Case Changed?
• Positive Sentiment: Piper Sandler raised its price target to $61 and kept an overweight rating, adding institutional confidence and buy‑side momentum. Piper Sandler adjusts Baker Hughes price target to $61
• Positive Sentiment: UBS raised its PT to $61 (from $54), signaling peers see upside even from a neutral stance—another vote of confidence for the company’s outlook. UBS raises Baker Hughes price target to $61
• Positive Sentiment: Argus lifted its target to $67, indicating some analysts view a materially higher fair value—this can support further price appreciation if momentum continues. Argus raises price target on Baker Hughes to $67
• Positive Sentiment: JPMorgan raised its price target to $60, adding to the cluster of upward revisions that can attract momentum and fund flows. JPMorgan Chase & Co. Boosts Baker Hughes Price Target to $60
• Positive Sentiment: Operational wins in clean‑energy projects: Baker Hughes secured multiple orders for the Wabash Valley clean ammonia fertilizer project—concrete bookings that support energy‑transition revenue. Baker Hughes Secures Multiple Orders to Advance Wabash Valley Resources’ Clean Ammonia Fertilizer Project
• Positive Sentiment: Strategic collaboration expanded with Hydrostor to advance resilient, sustainable power systems—strengthens the company’s portfolio in grid/storage solutions. Baker Hughes and Hydrostor deepen strategic collaboration
• Positive Sentiment: Third‑party outlets (Capital One, Zephirin Group) published bullish forecasts for BKR, reinforcing broader market sentiment and analyst focus. Capital One Forecasts Strong Price Appreciation for Baker Hughes
• Neutral Sentiment: Earnings call transcript and valuation commentary are available for investors doing deeper due diligence; these sources provide context but did not drive a discrete negative reaction. Baker Hughes Q4 2025 earnings call transcript
• Neutral Sentiment: Reported short‑interest data appears inconsistent/zero and offers no clear bearish signal—treat it as unreliable until clarified.

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.