Baker Hughes (BKR) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.70
- Estimate
- $0.61
- Surprise
- +14.0%
- Score at report (before → after)
- 5.1 → 5.4/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Baker Hughes (BKR) beat the $0.61 estimate with adjusted EPS of $0.70 — a large 14.0% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.1/10) to Hold at 5.4/10 after the report.
Coverage in the report window
- Baker Hughes Sees Q4 Sales $7.800B-$8.700B vs $8.281B Est — benzinga, 2026-10-27
Where TrendMatrix's rating stands now
TrendMatrix currently rates BKR Hold at 5.4/10.
4 of the last 4 quarters beat the estimate; this quarter's +14.0% surprise compares with a +20.0% four-quarter average.
What supports the rating
- Sector modifier (Energy): +1.2
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Supplier: GE Vernova and GE Aerospace
- Thin upside margin: 7.7%
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $59.00
- Price target
- $63.56
- Stop
- $55.60
- Upside to target
- +7.7%
- Reward-to-risk
- 0.7:1
At 19.0× trailing and 20.1× forward earnings, consensus estimates imply little change in earnings power.
Risk check: trading volume is running 2.1× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-10-28 — shown for context, not personalized investment advice.
BKR at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Equipment & Services
- Market cap
- $58.57B
- P/E (fwd)
- 20.1
- P/E (ttm)
- 19.0
- 52-week range
- $44.26–$70.41
- Off 52-week high
- 16.2%
- RSI (14)
- 63
- Volume vs avg
- 2.08×
- Score today
- 5.4/10