NASDAQ: BKR

Baker Hughes (BKR) Stock Analysis & Forecast

Baker Hughes Company. Industrial services sector, contract drilling industry. Market cap $56.83B.

$57.25+0.68 (+1.2%)

Close on Sep 18, 2026. Page updated Sep 19, 9:15 pm ET.

Gekko Brief

AI summary

Baker Hughes closes at $57.25, up 1.2%, sitting below its 50-day average of $60.60 and just below its 200-day average of $58.94. The GekkoIndex reads 73.5, placing the stock in the Buying zone, up 7.6 over the past five readings. Price stands 7.4% below Gekko Fair Value of $61.83.

This week's coverage centers on power generation and gas infrastructure demand tied to AI and data-center buildouts. One piece cites an expectation of $5 billion in incremental power generation revenue by 2029 from generator and turbine contracts, alongside a Buy rating and a $71.18 price target. Baker Hughes also expanded its collaboration with Venture Global LNG on U.S. gas infrastructure, and separate commentary notes no slowdown in energy project investment despite higher borrowing costs. Ownership filings show Waverly Advisors LLC raising its stake by 253.2% and NewEdge Advisors LLC by 152.3% in recent quarterly disclosures.

The next earnings date falls on 22 October 2026, 32 days out, beyond a typical 20-trading-day hold; the prior report on 26 July showed EPS of $0.64 against an estimate of $0.51, with an 8-for-8 beat streak and a 5.8% reaction. Seasonally, the next 20 trading days have averaged a 3.3% gain over five years, rising in 2 of those years. Analyst coverage from 15 firms includes 13 buy and 2 hold ratings, with a consensus target of $72.30. No insider, Congress, or unusual options activity appears in the current windows.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $57.25200-day averageGekko Fair Value $61.83

Key stats

Market cap
$56.83B
P/E ratio
18.2
Forward P/E
17.6
EPS, TTM
$3.09
Revenue, TTM
$27.73B
Profit margin
11.2%
Dividend yield
1.62%
Beta
0.96
Volume
21.04M avg 7.88M
1-year return
+23.2%
Typical daily move
±3.5%
Typical 20-day move
±6.3%
50-day average
$60.60
200-day average
$58.94
Next earnings
Oct 22
Shares outstanding
992.7M
52-week range
$43.92$70.41

Baker Hughes swing-trade checklist

Baker Hughes scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $57.25 sits between the 50-day ($60.60) and 200-day ($58.94) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    73.5, Buying

    Reading 73.5 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    7.4% below

    Price is 7.4% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 32 days

    Next report Oct 22, 2026, 32 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    +3.3% on average

    From this point in the calendar, the next 20 trading days averaged +3.3% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Baker Hughes stock chart and price history

Baker Hughes closed at $57.25 on Sep 18, 2026, +23.2% over the past year, inside a 52-week range of $43.92 to $70.41.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−11.2%
3 months
−2.0%
6 months
−5.7%
1 year
+23.2%
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About Baker Hughes

Baker Hughes supplies equipment, services, and digital tools used in oilfield work, along with broader industrial and energy technology offerings. It serves companies operating in onshore and offshore oil and gas production, and it is recognized for combining hardware, engineering expertise, and software into its energy-related solutions.

The company runs through two main segments. One focuses on oilfield services and equipment, covering the design, manufacture, and support of products used in onshore and offshore drilling and production. The other, its industrial and energy technology segment, brings together technology and services for a wide range of customers, including those in LNG, pipelines, gas storage, refining, petrochemicals, and distributed gas, as well as industrial users in aviation, automotive, marine, nuclear, food and beverage, mining, cement, and utilities.

Baker Hughes was founded in April 1987 and is based in Houston, Texas. Its shares are listed on the NASDAQ under the ticker BKR.

Listed
NASDAQ
Sector
Industrial services
Industry
Contract drilling
Website
bakerhughes.com

Baker Hughes GekkoIndex: the smart money zone

Baker Hughes’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 73.5, in the Buying zone, up 7.6 points over five sessions.

010073.5Buying

Up 7.6 points over five sessions, from the Accumulation zone.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)21+3.0%+3.7%+6.6%+14.7%
Accumulation164+1.1%+2.4%+4.8%+9.0%
Neutral411+0.6%+1.1%+2.3%+5.9%
Distribution62−1.0%−1.1%−0.8%+0.7%
Selling4Too few readings yet

Average BKR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the BKR price, zone by zone.Track BKR in Gekko

Is Baker Hughes stock overvalued? Gekko Fair Value

Baker Hughes trades 7.4% below Gekko Fair Value of $61.83, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Baker Hughes shares are worth, recalculated every trading day.

$61.83

Gekko Fair Value, Sep 18, 2026

7.4% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open BKR in Gekko

Baker Hughes insider and Congress trading

No open-market insider purchases were filed for Baker Hughes, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for BKR in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every BKR insider filing, plotted on the chart in Gekko.Open BKR in Gekko

Congress trades last 90 days

No trades in BKR were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for BKR, plotted on the chart in Gekko.Open BKR in Gekko

Buybacks

Baker Hughes has been buying back its own shares.

Bought back, quarter ended Jun 30, 2025
$196.0M
As a share of market cap
0.34%
Trailing four quarters
$544.0M

From company filings.

Hedge funds and billionaires quarter ended Jun 30

2of the funds Gekko tracks hold BKR.

2added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

Baker Hughes earnings: next date and track record

Baker Hughes reports on Oct 22, 2026 (32 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±5.8%average move across the report
6 of 8reports followed by a gain

Share-price move across each report

+1.5%Oct ’24+7.2%Jan ’25−5.1%Apr ’25+12.1%Jul ’250.0%Oct ’25+4.4%Jan ’26+10.2%Apr ’26+5.8%Jul ’26

Last earnings call, Jul 26, 2026 AI summary

What they said
Baker Hughes reported a strong second quarter with adjusted EBITDA of $1.23 billion, adjusted EPS of $0.64, record IET orders of $7.1 billion (company bookings $10.5 billion), and robust free cash flow of $1.1 billion. Performance exceeded guidance, margins expanded to a record 18.3%, and the company highlighted continued strength across power systems, data centers, LNG, and gas infrastructure. Management discussed the recently closed Chart acquisition, positioning Chart as a third operating segment, targeting $325 million of synergies and disciplined integration. They reiterated a disciplined capital allocation approach, temporary leverage increase due to the acquisition with an expected return to 1.0x-1.5x net debt/adjusted EBITDA within 24 months, and highlighted a $5 billion power systems revenue opportunity by end of 2029 with phased CapEx through 2026-2028. Management acknowledged headwinds including Middle East volatility, higher inflationary and logistics costs, and supply chain/project timing uncertainty but emphasized strong execution and backlog visibility into 2027 and beyond.
Guidance
No explicit numeric revenue/earnings guidance given on the call for Q3 or full-year, but management provided directional/operational guidance: expect temporary increase in leverage after Chart acquisition with return to 1.0x-1.5x net leverage within 24 months; target $325 million of synergies from the Chart acquisition; aim for $5 billion annualized power systems revenue capacity by end of 2029 (3x-4x growth vs ~ $1B in prior year); phased incremental CapEx between 2026 and 2028 with expected paybacks below 2 years; balanced outlook for second half with Middle East revenue assumed broadly consistent; no formal guidance for 2027 provided but backlog gives visibility.
Risks flagged
Middle East geopolitical volatility and related project timing/supply-chain disruption; higher inflationary costs and elevated logistics/freight costs impacting margins (notably in OFSE/East); uncertainty in project timing and local supply chains; FX and trade policy risk; temporary increase in leverage from acquisitions; conversion cadence risk in Gas Technology Equipment backlog; integration/execution risk on Chart synergies and portfolio actions.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 26, 2026$0.64
est $0.51
+25.5%$6.74B
est $6.54B
+3.1%+5.8%
Apr 23, 2026$0.58
est $0.49
+18.4%$6.59B
est $6.34B
+3.9%+10.2%
Jan 25, 2026$0.78
est $0.67
+16.8%$7.39B
est $7.07B
+4.4%+4.4%
Oct 23, 2025$0.68
est $0.62
+10.4%$7.01B
est $6.83B
+2.6%0.0%
Jul 22, 2025$0.63
est $0.56
+13.5%$6.91B
est $6.63B
+4.2%+12.1%
Apr 22, 2025$0.51
est $0.47
+8.1%$6.43B
est $6.50B
−1.1%−5.1%
Jan 30, 2025$0.70
est $0.63
+11.1%$7.36B
est $7.07B
+4.2%+7.2%
Oct 22, 2024$0.67
est $0.61
+9.8%$6.91B
est $7.21B
−4.2%+1.5%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Baker Hughes stock forecast and analyst price targets

Analysts’ average 12-month price target for Baker Hughes is $72.30, +26.3% from the last close, from 15 firms rating the stock in the last 90 days.

$72.30consensus 12-month target, +26.3% from the last close
Low $70High $80
Buy13
Hold2
Sell0

Each firm’s latest rating in the last 90 days: 15 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 14UBSHold, maintained$72+25.8%
Sep 14Stifel NicolausBuy, reiterated$75+31.0%
Sep 14Evercore ISIBuy, maintained$76+32.8%
Sep 11Morgan StanleyBuy, reiterated$70+22.3%
Sep 10BarclaysHold, maintained$72+25.8%
+6.6%average 20-day move after past Buying readings
+3.3%average move over the next 20 trading days in the last 5 years
±3.5%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Baker Hughes seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Baker Hughes averaged +3.3% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+17.8%2021−1.0%2022−1.6%2023+1.4%2024−4.6%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+0.6%3 of 5
Next 10 trading days+1.7%3 of 5
Next 15 trading days+0.8%2 of 5
Next 20 trading days+3.3%2 of 5
Next 30 trading days+6.6%4 of 5

For scale, BKR’s typical 20-trading-day move in either direction is about 6.3%.

Baker Hughes market cap and key statistics

Baker Hughes’s market cap is $56.83B, with a P/E ratio of 18.2 and revenue of $27.73B over the last twelve months.

Valuation

Market cap
$56.83B
P/E ratio
18.2
Forward P/E
17.6
EPS, TTM
$3.09
Gekko Fair Value
$61.83

Trading

Volume
21.04M
Avg volume, 20 days
7.88M
52-week high
$70.41
52-week low
$43.92
Shares outstanding
992.7M

Financials

Revenue, TTM
$27.73B
Profit margin
11.2%
Return on equity
16.5%
Quarterly earnings growth, YoY
−4.2%

Risk and income

Beta
0.96
Typical daily move
±3.5%
Typical 20-day move
±6.3%
Dividend yield
1.62%

Baker Hughes peers

Baker Hughes’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
SLBSLB−1.3%Accumulation9.2% below
NENoble Corporation plc A+0.7%Neutral34.7% below
VALValaris+0.1%Accumulation9.6% above
RIGTransocean Ltd (Switzerland)−1.2%Neutral5.1% below
PTENPatterson-UTI Energy−1.3%Neutral8.2% above
HPHelmerich & Payne−1.1%Accumulation40.2% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Baker Hughes stock FAQ

What is Baker Hughes’s market cap?

Baker Hughes’s market cap is $56.83B at the Sep 18, 2026 close of $57.25, with 992.7M shares outstanding. The shares trade on a P/E ratio of 18.2.

What is the Baker Hughes stock forecast?

The consensus analyst 12-month price target for Baker Hughes is $72.30, +26.3% from the last close. Of the 15 firms that rated the stock in the last 90 days, 13 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Baker Hughes stock overvalued or undervalued?

On Gekko’s estimate Baker Hughes is undervalued: the Sep 18, 2026 close of $57.25 is 7.4% below Gekko Fair Value of $61.83. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Baker Hughes report earnings next?

Baker Hughes is expected to report on Oct 22, 2026 (32 days away). Analysts expect earnings of $0.62 per share on revenue of $7.28B. Baker Hughes beat the earnings estimate in 8 of its last 8 reports, moving 5.8% on average across the report.

What is Baker Hughes’s 52-week high and low?

Baker Hughes’s 52-week high is $70.41 and its 52-week low is $43.92; it closed at $57.25 on Sep 18, 2026, +23.2% over the past year.

Is Baker Hughes stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk), 2 as mixed (trend and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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