Baker Hughes Company (BKR)
NASDAQ: BKR · Real-Time Price · USD
46.54
+0.21 (0.45%)
At close: Jan 17, 2025, 4:00 PM
47.00
+0.46 (0.99%)
After-hours: Jan 17, 2025, 5:18 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 47, with a low estimate of 40 and a high estimate of 52. The average target predicts an increase of 0.99% from the current stock price of 46.54.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $40 $47 $48 $52
Change -14.05% +0.99% +3.14% +11.73%

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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 778888
Buy 789999
Hold 322222
Sell 000000
Strong Sell 000000
Total 171719191919

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$46$52
Buy Maintains $46$52 +11.73% Jan 15, 2025
TD Cowen
TD Cowen
Strong Buy
Maintains
$53$51
Strong Buy Maintains $53$51 +9.58% Jan 8, 2025
Jefferies
Jefferies
Strong Buy
Maintains
$48$50
Strong Buy Maintains $48$50 +7.43% Jan 3, 2025
Barclays
Barclays
Buy
Maintains
$46$52
Buy Maintains $46$52 +11.73% Dec 18, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$42$48
Strong Buy Maintains $42$48 +3.14% Dec 18, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
27.84B
from 25.51B
Increased by 9.17%
Revenue Next Year
28.46B
from 27.84B
Increased by 2.20%
EPS This Year
2.33
from 1.91
Increased by 21.78%
EPS Next Year
2.59
from 2.33
Increased by 11.38%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
23.84B20.71B20.50B21.16B25.51B27.84B28.46B29.47B
Revenue Growth
4.20%-13.14%-0.98%3.19%20.56%9.17%2.20%3.56%
EPS
0.23-14.73-0.27-0.611.912.332.593.00
EPS Growth
-48.89%----21.78%11.38%15.78%
Forward PE
-----20.0117.9615.52
No. Analysts -----282819
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
High 29.5B 30.9B 32.0B
Avg 27.8B 28.5B 29.5B
Low 26.8B 27.1B 27.4B

Revenue Growth

Revenue Growth 202420252026202720282029
High
15.6%
10.9%
12.5%
Avg
9.2%
2.2%
3.6%
Low
5.1%
-2.7%
-3.7%

EPS Forecast

EPS 202420252026202720282029
High 2.55 2.88 3.38
Avg 2.33 2.59 3.00
Low 2.21 2.29 2.63

EPS Growth

EPS Growth 202420252026202720282029
High
33.5%
23.9%
30.5%
Avg
21.8%
11.4%
15.8%
Low
15.4%
-1.4%
1.4%
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.