DailyIQ
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Sector:EnergyAll sectors
Last updated 5 minutes ago

BKR·Baker Hughes Company

$.
+. (+.%)
High
$64.65
Open
$63.86
Market Cap
62.70B
52W High
$70.41
Low
$62.38
P. Close
$63.20
P/E
20.12
52W Low
$36.36
Fwd P/E
22.71
Mean Target
$71.52
Technical Score (1D)
68
BUY
News Sentiment
71
BULLISH
Baker Hughes has secured multi-year contract extensions with Equinor for North Sea operations, which will leverage advanced technologies for integrated drilling, well services, and wireline intervention. This development highlights BKR's ongoing role in supporting offshore hydrocarbon production in a key European basin. Concurrently, Baker Hughes' CEO has emphasized a strategic shift away from traditional oilfield services towards industrial energy solutions, natural gas, and lower-emission technologies, aiming to reduce volatility and enhance profitability. This diversification is supported by strong demand in areas like data center power systems, which saw significant order growth in Q1. However, the company's stock has recently experienced a sharp decline, influenced by a significant drop in WTI crude oil prices. This oil price downturn, driven by geopolitical developments, is expected to lead oil producers to reduce capital expenditure, directly impacting oilfield services revenue in the coming quarters. Traders should monitor how these competing forces – contract wins and strategic diversification versus broader market pressures on oilfield services – will shape BKR's performance. The company's ability to execute its diversification strategy and the sustained demand for its industrial energy solutions will be key watch items.
Earnings Summary
Baker Hughes Company is a global provider of technologies and services to the energy and industrial sectors, operating through its Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The company offers a comprehensive suite of products and services for the oil and gas lifecycle and provides equipment and solutions for gas technology, power generation, and industrial applications. In its most recent earnings, Baker Hughes reported Q1 2026 EPS of $0.58, exceeding the estimate of $0.4993, and revenue of $6.587 billion, surpassing the estimate of $6.398 billion. This follows a Q3 2025 performance where actual EPS was $0.68 against an estimate of $0.62222, and revenue was $7.01 billion, beating the estimate of $7.01 billion. Comparing the last two reported quarters (Q1 2026 and Q3 2025) to the two prior (Q2 2025 and Q1 2025), EPS growth shows an accelerating trend, with both recent quarters beating estimates, and revenue growth also appears to be on an upward trajectory, with Q1 2026 showing a strong beat. Historically, Baker Hughes has shown a consistent pattern of beating analyst EPS estimates, having achieved this in all 5 of the last 5 reported quarters. Revenue performance has also been strong, with beats in the most recent periods, indicating a positive year-over-year growth trajectory. The company's ability to consistently meet or exceed expectations suggests operational strength and effective market positioning. Recent news indicates that the European Commission has initiated a Phase I antitrust review of the planned merger between Chart Industries and Baker Hughes, with a decision deadline of June 26. This regulatory scrutiny highlights potential valuation and timing uncertainties for the deal. Separately, Baker Hughes has partnered with HP to accelerate U.S. geothermal energy growth, signaling a push into renewable energy sources and potential new market opportunities. Looking ahead, investors will be watching the progress of the European Commission's antitrust review for the Chart Industries acquisition, as regulatory clearance is a critical condition for closing. Key will be the tangible impact of the partnership with HP on project pipelines and Baker Hughes' ability to execute on its energy transition strategy in the context of the ongoing energy upcycle.

EPS

EstBeatMiss
$0.44$0.51$0.59$0.66$0.73Q4'24Q1'25Q2'25Q3'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$0.47 - -
Q1'26$0.50$0.58+16.2%
Q3'25$0.62$0.68+9.3%
Q2'25$0.55$0.63+13.6%
Q1'25$0.47$0.51+7.6%
Q4'24$0.63$0.70+11.9%

Revenue

EstBeatMiss
$6.3B$6.6B$6.9B$7.2B$7.5BQ4'24Q1'25Q2'25Q3'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$6.6B - -
Q1'26$6.4B$6.6B+2.9%
Q3'25 - $7.0B -
Q2'25 - $6.9B -
Q1'25 - $6.4B -
Q4'24 - $7.4B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

BKR Stock Snapshot

BKR is currently trading at $64.65, giving Baker Hughes Company a market cap of 62.70B and a P/E ratio of 20.1. Today's range spans $62.38–$64.65, with shares opening at $63.86 and moving up $1.45 (2.3%) from the prior close. DailyIQ's technical score sits at 68/100 (BUY) with a news sentiment reading of 71/100.

Over the past year BKR has traded between $36.36 and $70.41 - the current price is +77.8% off the 52-week low and -8.2% from the high. 27 analysts cover the stock with a Buy consensus and a mean 12-month target of $71.52 (range $48.00–$85.00), implying upside of +10.6%.

What BKR has right now - BUY signal, 68/100 technical score, bullish sentiment at 71/100, price $64.65 (in the upper portion of its 52-week range) - is the profile that shows up in screens looking for Energy growth stories with technical confirmation. (P/E: 20.1) At 62.70B in capitalization, the risk/reward of a setup like this is often better than in mega-cap peers where the same signal translates to a smaller percentage move. Range: $36.36–$70.41.

The combination of a BUY signal (68/100) and bullish news sentiment (71/100) puts BKR on the screens of active managers who run quality-momentum overlays — a cohort that can build meaningful positions at 62.70B in Energy market cap without immediately moving the stock. At $64.65 (in the upper portion of its 52-week range in the $36.36–$70.41 range), the entry discipline is clean and the potential re-rating if sentiment continues to improve is meaningful.