Baker Hughes Company (BKR)
NASDAQ: BKR · Real-Time Price · USD
44.25
-0.63 (-1.40%)
At close: Nov 22, 2024, 4:00 PM
44.30
+0.05 (0.11%)
After-hours: Nov 22, 2024, 7:34 PM EST
Baker Hughes Company Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for BKR stock have an average target of 44.59, with a low estimate of 38 and a high estimate of 50. The average target predicts an increase of 0.77% from the current stock price of 44.25.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for BKR stock from 19 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 7 | 7 | 7 | 8 | 8 |
| Buy | 5 | 7 | 7 | 8 | 9 | 9 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 17 | 17 | 17 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $42 → $50 | Strong Buy | Maintains | $42 → $50 | +12.99% | Nov 14, 2024 |
| Argus Research | Argus Research | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Oct 25, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $46 → $48 | Buy | Maintains | $46 → $48 | +8.47% | Oct 24, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $43 | Buy | Reiterates | $43 | -2.82% | Oct 24, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $42 | Strong Buy | Reiterates | $42 | -5.08% | Oct 24, 2024 |
Financial Forecast
Revenue This Year
27.87B
from 25.51B
Increased by 9.25%
Revenue Next Year
28.51B
from 27.87B
Increased by 2.30%
EPS This Year
2.32
from 1.91
Increased by 21.66%
EPS Next Year
2.60
from 2.32
Increased by 11.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.5B | 30.9B | 32.0B | ||
| Avg | 27.9B | 28.5B | 29.5B | ||
| Low | 26.9B | 27.1B | 27.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.6% | 10.8% | 12.3% | ||
| Avg | 9.3% | 2.3% | 3.5% | ||
| Low | 5.6% | -2.8% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.55 | 2.96 | 3.38 | ||
| Avg | 2.32 | 2.60 | 3.00 | ||
| Low | 2.21 | 2.29 | 2.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.5% | 27.4% | 30.1% | ||
| Avg | 21.7% | 11.8% | 15.5% | ||
| Low | 15.4% | -1.3% | 1.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.