Baker Hughes (NASDAQ:BKR) Given New $65.00 Price Target at BMO Capital Markets

Baker Hughes (NASDAQ:BKR) had its target price increased by BMO Capital Markets from $55.00 to $65.00 in a research report report published on Tuesday morning, Marketbeat Ratings reports. The brokerage currently has an outperform rating on the stock.

BKR has been the subject of several other reports. HSBC boosted their price objective on Baker Hughes from $54.00 to $56.00 and gave the company a “buy” rating in a research report on Monday, October 27th. JPMorgan Chase & Co. increased their price objective on shares of Baker Hughes from $52.00 to $53.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. Bank of America raised their price objective on shares of Baker Hughes from $52.00 to $54.00 and gave the stock a “buy” rating in a report on Tuesday, October 14th. Susquehanna upped their target price on shares of Baker Hughes from $56.00 to $58.00 and gave the stock a “positive” rating in a research note on Wednesday, January 7th. Finally, Citigroup lifted their price target on Baker Hughes from $55.00 to $61.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Twenty-one analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $56.35.

Baker Hughes Price Performance

Shares of BKR stock opened at $56.55 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 1.41 and a debt-to-equity ratio of 0.33. Baker Hughes has a 12-month low of $33.60 and a 12-month high of $57.58. The firm has a fifty day moving average of $48.80 and a 200-day moving average of $46.84. The firm has a market capitalization of $55.80 billion, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 1.77 and a beta of 0.89.

Baker Hughes (NASDAQ:BKR) last posted its earnings results on Sunday, January 25th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.11. Baker Hughes had a return on equity of 14.51% and a net margin of 9.33%.The firm had revenue of $7.39 billion for the quarter, compared to analyst estimates of $7.09 billion. During the same period in the previous year, the company posted $0.70 earnings per share. The company’s revenue for the quarter was up .3% on a year-over-year basis. On average, equities research analysts forecast that Baker Hughes will post 2.59 earnings per share for the current year.

Institutional Trading of Baker Hughes

Hedge funds and other institutional investors have recently modified their holdings of the stock. Brandywine Global Investment Management LLC lifted its holdings in shares of Baker Hughes by 8.2% during the second quarter. Brandywine Global Investment Management LLC now owns 648,149 shares of the company’s stock worth $24,850,000 after buying an additional 49,108 shares in the last quarter. Synergy Asset Management LLC bought a new position in Baker Hughes during the third quarter worth about $1,920,000. Webster Bank N. A. acquired a new stake in Baker Hughes in the 3rd quarter worth about $3,434,000. Robeco Institutional Asset Management B.V. boosted its holdings in Baker Hughes by 23.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 458,415 shares of the company’s stock valued at $22,334,000 after purchasing an additional 88,536 shares during the period. Finally, Schroder Investment Management Group grew its position in shares of Baker Hughes by 0.6% during the 2nd quarter. Schroder Investment Management Group now owns 1,450,363 shares of the company’s stock worth $55,607,000 after purchasing an additional 8,994 shares in the last quarter. Institutional investors and hedge funds own 92.06% of the company’s stock.

Baker Hughes News Roundup

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.

Baker Hughes Company Profile

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.