Baker Hughes is a multinational oilfield services company that offers a range of products and services to the energy industry.
The stock symbol for Baker Hughes is BHGE, which is listed on the New York Stock Exchange (NYSE).
Investors can buy and sell BHGE shares on various online trading platforms, including Fidelity and Charles Schwab.
Baker Hughes has a market capitalization of over $40 billion, making it a significant player in the energy sector.
Baker Hughes Stock Performance
Baker Hughes shares gained 49% over the past year, driven by optimism around LNG development under the Trump Administration.
The company reported strong Q4 earnings, with $0 in reported earnings, but the actual figure isn't specified in the article.
The strong Q4 earnings were highlighted by a record-breaking performance in its industrial and energy technology segment.
Baker Hughes' growth is largely attributed to the growth in LNG demand, which has been a major driver of the company's success.
The company's CEO, Lorenzo Simonelli, has been optimistic about the company's future prospects, citing the potential for continued growth in the LNG market.
LNG growth and margin expansion have been key factors in Baker Hughes' strong stock performance.
Financial Reports and Estimates
Baker Hughes is a well-established company with a strong financial presence. The company's revenue is expected to reach $30,461 million in 2028, up from $29,916 million in 2027.
According to the estimates, the company's dividend yield is expected to be around 2.02% in 2028. This indicates a stable return on investment for shareholders.
The company's earnings per share (EPS) is expected to reach $3.58 in 2027. This represents a significant increase from $2.59 in 2025.
Here's a breakdown of the company's revenue estimates for the next few years:
The company's net profit is expected to reach $3,414 million in 2027. This represents a significant increase from $2,568 million in 2025.
The company's pre-tax profit is expected to reach $4,403 million in 2027. This represents a significant increase from $3,568 million in 2025.
The company's free cash flow is expected to reach $3,359 million in 2027. This represents a significant increase from $2,179 million in 2025.
The company's net debt is expected to reach -$1,030 million in 2027. This represents a significant decrease from $1,612 million in 2025.
The company's research and development expenses are not disclosed in the provided data.
Analyst Insights and Recommendations
Benchmark Adjusts Price Target on Baker Hughes to $57 From $42, Keeps Buy Rating, as reported on February 11.
Analysts are optimistic about Baker Hughes' future performance, as evident from the series of price target adjustments.
Benchmark Adjusts Price Target on Baker Hughes to $42 From $57, Maintains Buy Rating, on February 10.
Seaport Global Adjusts Baker Hughes' Price Target to $58 From $50, on February 6.
HSBC Adjusts Baker Hughes' Price Target to $56 From $54, also on February 6.
UBS Adjusts Price Target on Baker Hughes to $47 From $44, Keeps Neutral Rating, on February 4.
Here's a summary of the analyst recommendations:
Baker Hughes News and Updates
Baker Hughes has a strong Q4 earnings performance, with record-breaking results in its industrial and energy technology sectors.
The company's CEO, Lorenzo Simonelli, attributes this success to several factors, including LNG demand.
Baker Hughes' CEO, Lorenzo Simonelli, also discussed the impact of tariffs on the company's performance.
AI is another area of focus for Baker Hughes, with the company leveraging its capabilities to drive innovation and growth.
Lorenzo Simonelli, the CEO of Baker Hughes, was interviewed exclusively by Morgan Brennan following the company's Q4 earnings announcement.
Frequently Asked Questions
Is Baker Hughes a listed company?
Yes, Baker Hughes is a publicly listed company, with its Class A Common Stock (BKR) traded on the Nasdaq stock exchange. You can find the latest stock price, quote, news, and history on the Nasdaq website.
Is Baker Hughes a good stock to buy?
According to 21 Wall Street analysts, Baker Hughes has a Strong Buy consensus rating, indicating a positive outlook for the company's stock. If you're considering investing, this rating suggests Baker Hughes may be a good stock to buy, but it's essential to do further research before making a decision.
Who owns Baker Hughes stock?
Baker Hughes stock is primarily owned by institutional investors, with a smaller portion held by insiders, public companies, and individual investors. Approximately 85.8% of the company's stock is held by institutional investors.
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