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Highlights

  • Capital One Financial raises Baker Hughes price target to USD 53.00.
  • Multiple analysts lift targets, with most assigning Buy or Overweight ratings.
  • Consensus rating remains "Moderate Buy" with average price target of USD 52.32.

Baker Hughes (NASDAQ:BKR) had its price target increased by Capital One Financial, which lifted its objective from USD 49.00 to USD 53.00 in a report issued Tuesday. The firm maintained an “overweight” rating, with the new price objective implying a potential upside of 12.13% from the stock’s previous close. Capital One Financial also issued updated earnings estimates for Baker Hughes, projecting USD 0.64 EPS for Q4 2025, USD 0.51 EPS for Q1 2026, USD 0.59 EPS for Q1 2027, USD 0.72 EPS for Q2 2027, and USD 2.90 EPS for FY 2027.

Several other research firms have recently provided updated views on the company. Melius Research initiated coverage on August 20th, assigning a “buy” rating and a USD 60.00 target price. On July 29th, Morgan Stanley raised its target from USD 45.00 to USD 55.00 while maintaining an “overweight” rating. The following day, Industrial Alliance Securities set a USD 53.00 price target, and BMO Capital Markets reiterated its “outperform” rating while adjusting its target upward to USD 53.00 from USD 46.00. Earlier in July, The Goldman Sachs Group reduced its target from USD 42.00 to USD 41.00 but still assigned a “buy” rating.

Overall, 21 analysts have assigned Baker Hughes a Buy rating, with three issuing Hold ratings. This results in a consensus “Moderate Buy” rating and an average price target of USD 52.32.

Baker Hughes last reported quarterly earnings on July 22nd. The company announced earnings per share of USD 0.63, surpassing consensus estimates of USD 0.55 by USD 0.08. Quarterly revenue was USD 6.91 billion, exceeding analyst expectations of USD 6.64 billion. Despite beating forecasts, revenue reflected a 3.2% decline compared to the same quarter last year, when the firm posted USD 0.57 EPS. For the current fiscal year, analysts anticipate Baker Hughes will report earnings of USD 2.59 per share.

Baker Hughes operates globally as a provider of technology and services to the energy and industrial value chain. Its operations are structured across two segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). The OFSE division delivers products and services supporting exploration, development, production, and decommissioning for both onshore and offshore projects. The IET segment focuses on technology-driven solutions for industrial and energy markets.