Baker Hughes Company (BKR)
NASDAQ: BKR · Real-Time Price · USD
36.36
+1.69 (4.87%)
At close: Sep 19, 2024, 4:00 PM
36.35
-0.01 (-0.03%)
After-hours: Sep 19, 2024, 6:39 PM EDT
Baker Hughes Company Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for BKR stock have an average target of 43.31, with a low estimate of 38 and a high estimate of 50. The average target predicts an increase of 19.11% from the current stock price of 36.36.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for BKR stock from 17 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 7 | 7 | 7 |
| Buy | 5 | 5 | 5 | 7 | 7 | 7 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 14 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $42 → $40 | Hold | Maintains | $42 → $40 | +10.01% | Sep 18, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $43 → $42 | Buy | Maintains | $43 → $42 | +15.51% | Sep 16, 2024 |
| UBS | UBS | Hold Maintains $40 → $42 | Hold | Maintains | $40 → $42 | +15.51% | Aug 20, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $42 → $46 | Buy | Maintains | $42 → $46 | +26.51% | Jul 29, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $46 → $50 | Strong Buy | Maintains | $46 → $50 | +37.51% | Jul 29, 2024 |
Financial Forecast
Revenue This Year
28.33B
from 25.51B
Increased by 11.06%
Revenue Next Year
29.49B
from 28.33B
Increased by 4.09%
EPS This Year
2.24
from 1.91
Increased by 17.15%
EPS Next Year
2.65
from 2.24
Increased by 18.51%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.8B | 32.3B | 34.9B | ||
| Avg | 28.3B | 29.5B | 30.7B | ||
| Low | 27.0B | 27.5B | 27.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.9% | 14.1% | 18.3% | ||
| Avg | 11.1% | 4.1% | 4.2% | ||
| Low | 5.7% | -3.0% | -8.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.49 | 3.09 | 3.62 | ||
| Avg | 2.24 | 2.65 | 3.03 | ||
| Low | 1.18 | 1.49 | 1.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.3% | 38.0% | 36.6% | ||
| Avg | 17.1% | 18.5% | 14.3% | ||
| Low | -38.0% | -33.3% | -33.6% |
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.