Capital One Financial Issues Positive Forecast for Baker Hughes (NASDAQ:BKR) Stock Price

Baker Hughes (NASDAQ:BKR) had its price target lifted by Capital One Financial from $53.00 to $59.00 in a research note issued to investors on Tuesday morning,MarketScreener reports. They currently have an overweight rating on the stock.

A number of other research firms have also recently weighed in on BKR. Evercore ISI set a $54.00 price target on Baker Hughes in a report on Monday, October 27th. HSBC upped their target price on Baker Hughes from $54.00 to $56.00 and gave the company a “buy” rating in a report on Monday, October 27th. Zephirin Group raised their price target on Baker Hughes from $40.00 to $45.00 and gave the company a “hold” rating in a research report on Monday. Stifel Nicolaus boosted their price objective on shares of Baker Hughes from $57.00 to $58.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, TD Cowen increased their price objective on shares of Baker Hughes from $55.00 to $64.00 and gave the company a “buy” rating in a research note on Tuesday. Twenty-one analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Baker Hughes has a consensus rating of “Moderate Buy” and a consensus target price of $56.35.

Baker Hughes Stock Performance

NASDAQ:BKR opened at $56.55 on Tuesday. The firm’s fifty day simple moving average is $48.80 and its 200-day simple moving average is $46.84. 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 stock has a market cap of $55.80 billion, a PE ratio of 21.75, a price-to-earnings-growth ratio of 1.77 and a beta of 0.89. Baker Hughes has a fifty-two week low of $33.60 and a fifty-two week high of $57.58.

Baker Hughes (NASDAQ:BKR) last released its quarterly earnings data on Sunday, January 25th. The company reported $0.78 EPS for the quarter, topping 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 firm had revenue of $7.39 billion for the quarter, compared to the consensus estimate of $7.09 billion. During the same quarter in the previous year, the firm earned $0.70 earnings per share. The firm’s revenue was up .3% on a year-over-year basis. Analysts expect that Baker Hughes will post 2.59 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Baker Hughes during the second quarter worth about $862,722,000. Capital International Investors purchased a new stake in Baker Hughes in the 3rd quarter worth approximately $729,670,000. First Trust Advisors LP raised its holdings in 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 acquiring an additional 3,203,942 shares during the last quarter. Capital World Investors lifted its stake 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. boosted its holdings in shares of Baker Hughes by 247.5% during the second 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 during the last quarter. 92.06% of the stock is currently 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 beat and segment strength — BKR beat EPS and revenue expectations with $0.78/share and $7.39B in revenue; adjusted profit and record EBITDA were driven by strength in the Industrial & Energy Technology (IET) unit, which offsets softness in legacy oilfield services. Earnings Beat
• Positive Sentiment: Multiple analyst upgrades and higher price targets — Several firms raised ratings/targets (TD Cowen to $64, BMO to $65, JPMorgan to $60, Capital One to $59), signaling cross-market bullishness and supporting upside expectations. Capital One Target Raise BMO / The Fly Coverage JPMorgan Note
• Positive Sentiment: Momentum: shares reached a new 1‑year high following upgrades, indicating bullish positioning by investors and funds. 1-Year High Coverage
• Neutral Sentiment: Venezuela opportunity noted — Management highlighted meaningful revenue potential in Venezuela but emphasized safety, employee conditions and legal/regulatory clarity as gating factors; this is opportunity + execution risk. Reuters: Venezuela Opportunity
• Neutral Sentiment: Company issued revenue ranges for Q1 and FY2026 but did not provide concrete EPS targets in the release, leaving guidance somewhat broad (Q1 and FY revenue ranges were provided). See the slide deck/press materials for details. Press Slide Deck
• Neutral Sentiment: Short-interest report shows no meaningful change (data appears to report zeros/incomplete), so it is not a current driver of price action.
• Negative Sentiment: Analyst dissent and lower targets exist — a smaller shop (Zephirin Group) still has a $45 target/hold rating, highlighting some disagreement on upside and valuation sensitivity. Zephirin Note
• Negative Sentiment: Guidance ambiguity — the absence of explicit EPS guidance increases near-term uncertainty; investors may re-rate if future profitability guidance is not forthcoming or misses expectations.

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.