Baker Hughes Company (BKR)
NASDAQ: BKR · Real-Time Price · USD
34.67
-0.06 (-0.17%)
Sep 18, 2024, 4:00 PM EDT - Market closed

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 24.92% from the current stock price of 34.67.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $38 $43.31 $43 $50
Change +9.60% +24.92% +24.03% +44.22%

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 '24May '24Jun '24Jul '24Aug '24Sep '24
Strong Buy 556777
Buy 555777
Hold 333333
Sell 000000
Strong Sell 000000
Total 131314171717

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Maintains
$42$40
Hold Maintains $42$40 +15.37% Sep 18, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$43$42
Buy Maintains $43$42 +21.14% Sep 16, 2024
UBS
UBS
Hold
Maintains
$40$42
Hold Maintains $40$42 +21.14% Aug 20, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$42$46
Buy Maintains $42$46 +32.68% Jul 29, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$46$50
Strong Buy Maintains $46$50 +44.22% Jul 29, 2024
More Analyst Ratings

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%
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
23.84B20.71B20.50B21.16B25.51B28.33B29.49B30.71B
Revenue Growth
4.20%-13.14%-0.98%3.19%20.56%11.06%4.09%4.16%
EPS
0.23-14.73-0.27-0.611.912.242.653.03
EPS Growth
-48.89%----17.15%18.51%14.35%
Forward PE
-----15.4913.0711.43
No. Analysts -----282816
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
16.9%
14.1%
18.3%
Avg
11.1%
4.1%
4.2%
Low
5.7%
-3.0%
-8.3%

EPS Forecast

EPS 20242025202620272028
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 20242025202620272028
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.