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BKRBaker Hughes CompanyHold5.7·$52.90-1.71%
HoldModerate Confidence
Investment thesis

Four consecutive earnings beats averaging roughly 14% above consensus confirm strong operational execution, but with the stock trading just 2.6% below the analyst target and momentum well below the minimum threshold — with on-balance volume distributing — the near-term setup does not justify adding to an existing position.

Thesis pillars

  • Perfect Earnings Beat StreakStable
  • Strong Earnings Growth TrajectoryStable
  • Near Target Unfavorable Risk RewardStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

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Baker Hughes Company (BKR) Stock Analysis

Oversold Bounce setup · Catalyst-Driven edge

HoldVALUE-TRAP 1/5Moderate Confidence

Energy · Oil & Gas Equipment & Services

Hold if already holding. Not a fresh buy at $52.90, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: GE Vernova and GE Aerospace; Negative momentum.

Baker Hughes is an energy technology company operating in more than 120 countries across two segments — Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) — spanning oil and gas, LNG, power generation and emerging low-carbon solutions such as CCUS,... Read more

$52.90+21.5% A.UpsideScore 5.7/10#14 of 37 Oil & Gas Equipment & Services
QualityF-score7 / 9FCF yield6.02%
IncomeYield1.74%(5y avg 2.33%)Payout29.39%sustainable
Stop $50.70Target $64.11(analyst − 10%)A.R:R 3.3:1
Analyst target$71.24+34.7%21 analysts
$64.11our TP
$52.90price
$71.24mean
$48
$85

Hold if already holding. Not a fresh buy at $52.90, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: GE Vernova and GE Aerospace; Negative momentum. Chart setup: Oversold RSI 10, near Bollinger lower, volume surge. Maintain position. Not compelling to add more. Score 5.7/10, moderate confidence.

Passes 6/8 gates (favorable risk/reward ratio, clean insider activity, news boost analyst 0.70, earnings proximity 22d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: moderate.

10-K grounded · weekly refresh

About Baker Hughes Company

About Baker Hughes Company

Baker Hughes booked $29.6 billion of orders in 2025 — $14.7 billion from Oilfield Services & Equipment (OFSE) and $14.9 billion from Industrial & Energy Technology (IET) — leaving a remaining performance obligation backlog of $35.9 billion at year-end, of which $32.4 billion sat in IET. The company operates in more than 120 countries and spent $600 million on R&D in 2025, receiving over 1,400 patents worldwide.

Baker Hughes earns revenue under fixed-fee or turnkey contracts, transactional product and service agreements, frame and master service agreements, integrated project and alliance models, and subscription or license arrangements for its digital and analytics offerings. OFSE — competing against SLB, Halliburton, NOV, Weatherford and TechnipFMC — designs and services products across the full oilfield life cycle from drilling through decommissioning, generally on a well-by-well basis even under multi-year framework contracts. IET — competing against Siemens Energy, Solar (a Caterpillar company), Mitsubishi Heavy Industry, Sulzer, Flowserve and Emerson — sells gas turbines, compression equipment, industrial products and Climate Technology Solutions such as CCUS and hydrogen systems to LNG plants, pipelines, utilities and data centers. Many oil-and-gas contracts use a knock-for-knock indemnity structure in which each party covers claims tied to its own personnel and equipment, while the company's pending $210-per-share cash acquisition of Chart Industries would add cryogenic and gas-handling equipment to its industrial portfolio.

Show full overview

Baker Hughes' new-energy strategy carries a disclosed pacing risk: the 10-K acknowledges that the transition to a lower-carbon economy has become more uncertain and variable by region, with signs of a slowdown that could leave Climate Technology Solutions such as CCUS, hydrogen and geothermal undersupported by demand even as the company continues investing in them. That transition-timing risk now compounds with integration risk from the pending Chart Industries acquisition — a $210-per-share, roughly $3.18-billion-revenue cryogenic-equipment deal announced July 29, 2025 and approved by Chart shareholders on October 6, 2025 — which the filing says remains subject to regulatory clearances still underway in certain jurisdictions, with closing expected in the second quarter of 2026.

See also: Energy · Oil & Gas Equipment & Services

From Baker Hughes Company's most recent 10-K filing, extracted July 3, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-06
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Sun, Jul 26, 202622d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
Analyst upside: 21%
Recent Analyst detected in news
Risks
Concentration risk — Supplier: GE Vernova and GE Aerospace
Negative momentum

Key Metrics

P/E (TTM)16.9
P/E (Fwd)19.1
Mkt Cap$52.4B
EV/EBITDA10.9
Profit Mgn11.2%
ROE17.2%
Rev Growth2.5%
Beta0.96
Dividend1.74%
Rating analysts26

Quality Signals

Piotroski F7/9

Options Flow

P/C1.32bearish
IV56%elevated

Concentration Risks(10-K Item 1A)

  • HIGHSupplierGE Vernova and GE Aerospace
    10-K Item 1A: 'The partial or complete loss of GE Vernova or GE Aerospace as suppliers ... may adversely affect our business, financial condition, results of operations and cash flows.'

Material Events(8-K, last 90d)

  • 2026-05-19Item 5.02LOW
    At Baker Hughes' May 19, 2026 annual meeting, stockholders elected directors and approved governance matters cross-referenced under Item 5.07. The fetched excerpt was truncated before naming the specific approvals; no executive departure was indicated.
    SEC filing →
  • 2026-05-19Item 5.07LOW
    At Baker Hughes' 2026 Annual Meeting of Stockholders held May 19, 2026, stockholders voted on matters submitted for approval, cross-referenced in the company's Item 5.02 disclosure. Detailed vote tallies were not included in the fetched excerpt.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static

Macd
0.0
Obv
1.0
Ma Position
2.2
Rsi
3.0
Volume
6.1
Capitulation risk (RSI 10, below 200MA)Volume distribution (falling OBV)Below 200-MA but MA still rising (+5.0%/30d) — pullback in uptrend, not confirmed weakness
GatesMomentum 2.5<4.5Executive change: officer departure/appointmentA.R:R 3.2 ≥ 1.5Insider activity: OKNEWS BOOST ANALYST 0.70EARNINGS PROXIMITY 22d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEAROversold BounceSuitability: Moderate
RSI
10 · Oversold
20D MA 50D MA 200D MAGOLDEN CROSSSupport $52.27Resistance $66.24

Price Targets

$51
$64
A.Upside+21.2%
A.R:R3.3:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! momentum at 2.5 (below the engine's 4.5 threshold)

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-07-26 (22d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is BKR stock a buy right now?

Hold if already holding. Not a fresh buy at $52.90, but acceptable to hold if already in. Reasons: Concentration risk — Supplier: GE Vernova and GE Aerospace; Negative momentum. Chart setup: Oversold RSI 10, near Bollinger lower, volume surge. Maintain position. Not compelling to add more. Target $64.11 (+21.2%), stop $50.70 (−4.3%), A.R:R 3.3:1. Score 5.7/10, moderate confidence.

What is the BKR stock price target?

Take-profit target: $64.11 (+21.5% upside). Target $64.11 (+21.2%), stop $50.70 (−4.3%), A.R:R 3.3:1. Stop-loss: $50.70.

What are the risks of investing in BKR?

Concentration risk — Supplier: GE Vernova and GE Aerospace; Negative momentum.

Is BKR overvalued or undervalued?

Baker Hughes Company trades at a P/E of 16.9 (forward 19.1). TrendMatrix value score: 6.6/10. Verdict: Hold.

What do analysts say about BKR?

26 analysts cover BKR with a consensus score of 4.1/5. Average price target: $71.

What does Baker Hughes Company do?Baker Hughes is an energy technology company operating in more than 120 countries across two segments — Oilfield...

Baker Hughes is an energy technology company operating in more than 120 countries across two segments — Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) — spanning oil and gas, LNG, power generation and emerging low-carbon solutions such as CCUS, hydrogen and geothermal. The company recognized $29.6 billion of orders in 2025 (OFSE $14.7 billion, IET $14.9 billion) against a remaining performance obligation backlog of $35.9 billion, invested $600 million in R&D, and has agreed to acquire Chart Industries for $210 per share in cash.

Related stocks: FTI (TechnipFMC plc) · TS (Tenaris S.A.) · WFRD (Weatherford International plc) · SEI (Solaris Energy Infrastructure, ) · HAL (Halliburton Company)
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