Baker Hughes Company (BKR) Stock Forecast & Price Prediction

Estimation of the future price movement of Baker Hughes Company stock, based on various factors such as historical price trends, market trends, company performance, and economic conditions.

Price target


Current $31.86

Concensus $35.48


Low $21.10

Median $35.50

High $44.00

Based on analysts projections #BKR is expected to experience a positive growth trajectory over the next year.

The current average BKR price target, as estimated by these analysts, is $35.48.

The predictions for the future BKR stock price range from a low of $21.10 to a high of $44.00, highlighting the variability of market expectations for BKR.

It is important to note that market fluctuations and unforeseen events can have an impact on these projections, so investors should always exercise caution and conduct thorough research before making any investment decisions.

BKR stock forecasts by analyst

Analyst / firm Date Rating Price target Price when posted
BMO Capital February 2, 2023 Buy 36.00 31.00
Morgan Stanley January 4, 2023 Buy 35.00 27.94
Roger Read
Wells Fargo
October 26, 2022 Sell 29.00 26.41
David Anderson
Barclays
August 4, 2022 Buy 44.00 25.23
David Anderson
Barclays
June 14, 2022 Buy 47.00 33.55
Barclays April 27, 2022 Buy 40.00 31.27
Keith Mackey
RBC Capital
April 26, 2022 Buy 41.00 32.27
Susquehanna April 21, 2022 Buy 41.00 34.46
Stephen Gengaro
Stifel Nicolaus
April 11, 2022 Buy 41.00 36.47
Roger Read
Wells Fargo
April 3, 2022 Buy 43.00 36.42
Neil Mehta
Goldman Sachs
March 30, 2022 Buy 41.00 37.35
Lloyd Byrne
UBS
March 21, 2022 Buy 43.00 36.22
David Anderson
Barclays
February 6, 2022 Sell 31.00 26.59
Tom Curran
Seaport Global
January 25, 2022 Buy 33.00 27.93
Jens Zimmermann
Credit Suisse
January 21, 2022 Sell 30.00 27.05
Phillip Jungwirth
BMO Capital
January 21, 2022 Buy 32.00 27.05
Arun Jayaram
J.P. Morgan
January 21, 2022 Sell 30.00 27.05
Marc Bianchi
Cowen & Co.
January 21, 2022 Buy 35.00 27.05
Ian Macpherson
Piper Sandler
January 21, 2022 Buy 37.50 27.05
Connor Lynagh
Morgan Stanley
October 11, 2021 Sell 30.00 25.09
Abhishek Kumar
HSBC
August 4, 2021 Sell 21.10 20.17
Scott Gruber
Citigroup
May 25, 2021 Sell 30.00 23.60

Baker Hughes Company (BKR) Fundamentals Checker

Financial metrics are used to evaluate financial stability which helps analysts determine if Baker Hughes Company is undervalued compared to its fair value. A company's financial health can strongly influence the stock forecast.

Buy

Financial Scores

Updated on: 07/12/2023

Altman Z-Score: 1.7

Piotroski Score: 6.0

ESG Score

Updated on: 07/12/2023

Environmental: 80.5

Social: 57.2

Governance: 63.5

Financial Health

Updated on: 07/12/2023

DCF: Strong Buy

ROE: Neutral

ROA: Neutral

Debt to equity ratio: Buy

Price to earnings ratio: Strong Sell

Price to book ratio: Strong Buy

BKR Discounted Cash Flow

Updated on: 07/12/2023

$37.568
Discounted Cash Flow Value


$31.860
Current Price

BKR Revenues by Segment

Updated on: 07/12/2023

Product
$122,360,000.00
Service
$89,200,000.00

Revenue from Contract with Customer, Excluding Assessed Tax

BKR Revenues by Region

Updated on: 07/12/2023

Non-US
$162,140,000.00
UNITED STATES
$49,420,000.00

BKR Notes Due

Updated on: 07/12/2023

CIKExchangeTitle
0001701605 NASDAQ 5.125% Senior Notes due 2040

Baker Hughes Company (BKR) Social Sentiments

Monitoring bullish and bearish sentiments towards Baker Hughes Company on Twitter and Stocktwits could help to forecast an upward or downward trend in Baker Hughes Company stock price.

Assessing Baker Hughes Company's Stock Forecast: Insights for Investors

Baker Hughes Company (BKR) is a renowned American multinational company operating in the Oil & Gas Equipment & Services sector. The company has a rich history of over a century, starting from its inception in 1907 as an oilfield service provider. Currently, Baker Hughes specializes in providing equipment, technology, and services to the energy industry across multiple segments. The company...
This positive trend gives investors high hopes for financial returns amidst favorable market projections for overall offshore rig count growth in the coming months. According to Rigzone's report on offshore rig count data from July and August 2023 showed decreases globally when compared with last year; the number rose amidst low oil prices driving up demand for affordable crude oil products globally.

Nonetheless, investors must be cautious when jumping onto anything that looks like easy profits since external influences such as changes to regulations and further spikes in COVID-19 may impact Baker Hughes' forecasts along with other Oil & Gas industry players. In essence, for investors looking to maximize returns on investments in Baker Hughes Company, paying close attention to the company's forecasted financial performance and conducting continuous analyses of market trends will be key to long-term investment success.

With this information, I highly recommend investing in BKR and actively monitoring its stock forecast regularly for any changes in circumstances that may impact the market. Despite possible fluctuations, Baker Hughes is poised to continue dominating the Oil & Gas Equipment & Services sector with its diversified product portfolio and proven track record over the years.">Read more

Stock Prediction: Baker Hughes Company - Strong Growth in the Oil & Gas Equipment & Services Sector

The Oil & Gas Equipment & Services sector is a crucial part of the global energy industry, providing the equipment and services necessary for the exploration, production, transportation, and refining of oil and gas. With its wide range of products and solutions, from drilling rigs and wellhead systems to pipelines and refinery equipment, this sector has a significant impact on... Read more