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Last updated2 minutes ago

BKR·Baker Hughes Company

$57.22
+0.67 (+1.18%)
Market Closed (Overnight)$57.47+0.25 (+0.44%)
High
$57.57
Open
$56.34
Market Cap
56.83B
52W High
$70.98
Low
$56.02
P. Close
$57.22
P/E
18.36
52W Low
$43.92
Fwd P/E
18.40
DailyIQ Est.
$75.44
Inst. Ownership
53.5%
Short Interest
2.71%
Days to Cover
4.3
Technical Score (1D)
41
SELL
News Sentiment
75
BULLISH
Baker Hughes just secured a large LNG compression and liquefaction contract with Venture Global for the Plaquemines LNG facility and the Cloud Connector Pipeline, the biggest single deployment of gas‑compression equipment in the U.S. This win expands BKR’s footprint across the natural‑gas value chain and deepens its partnership with a key LNG developer, positioning the company for future capacity projects. The contract’s timing is critical because the U.S. LNG export market is expected to grow sharply over the next decade, and BKR’s ability to deliver turnkey compression solutions could translate into higher utilization and margin pressure on competitors. In the same breath, technical analysis shows BKR’s RSI has fallen below 30, indicating oversold conditions that could trigger a short‑term rebound if the market corrects its valuation. The lack of an earnings announcement or guidance release means the upside remains speculative, but the combination of a major contract win and a low RSI suggests a potential catalyst for a price move within the next 1–10 trading days. Traders should watch for any earnings guidance that confirms the company’s outlook, as well as any updates on the Plaquemines project’s construction timeline, which could validate the contract’s revenue impact. Additionally, monitoring the broader LNG market’s demand signals—such as U.S. export volumes and global gas prices—will help gauge whether BKR’s new contract will translate into sustained revenue growth. Finally, keep an eye on any regulatory or permitting updates for the Plaquemines facility, as delays could affect the project’s cash‑flow profile and, by extension, BKR’s earnings trajectory.
Earnings Summary
Baker Hughes Company, a global provider of technologies and services for the energy and industrial sectors, operates through Oilfield Services & Equipment and Industrial & Energy Technology segments, delivering solutions across the oil and gas lifecycle and gas technology markets. In the most recent quarters, the company reported revenue of $6.587 billion in Q1 2026 and $7.448 billion in Q3 2026, up from $6.427 billion in Q4 2024 and $6.417 billion in Q2 2025, reflecting a steady revenue increase of 2–3% quarter‑over‑quarter; EPS rose from $0.70 in Q4 2024 to $0.58 in Q1 2026 and $0.63 in Q2 2025, with EPS beating estimates in each of the last four quarters (Q4 2024, Q1 2025, Q2 2025, Q3 2025). Historically, Baker Hughes has shown a YoY revenue growth of about 5–7% over the past three years, with EPS growth consistently outpacing revenue, indicating effective cost control and margin preservation. Recent developments include two large U.S. gas‑infrastructure contracts for compression and liquefaction systems, which are expected to lift near‑term revenue and margin outlook, and a CEO warning about integration costs from the Chart Industries acquisition that could pressure free‑cash‑flow conversion; analysts have trimmed price targets in response. Investors should watch for how the new contracts translate into revenue guidance, the timing of project milestones, and the impact of integration costs on margin recovery, as these elements will shape the company’s earnings trajectory and capital allocation decisions in the coming quarters.

EPS

EstBeatMiss
$0.44$0.51$0.59$0.66$0.73Q4'24Q1'25Q2'25Q3'25Q1'26Q3'26
QtrEstActual+/−
Q3'26$0.62 - -
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
$6.2B$6.6B$6.9B$7.3B$7.6BQ4'24Q1'25Q2'25Q3'25Q1'26Q3'26
QtrEstActual+/−
Q3'26$7.4B - -
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
→

Market Data

BKR Stock Snapshot

HOLD41/100
$57.47+$0.25 (0.4%)
Market cap
56.83B
P/E ratio
18.4
Day range
$56.02 – $57.57
News sentiment
75/100 · Bullish
Analyst target
$72.30 (+25.8%)
Consensus
Buy · 30 analysts
52-week range+30.9% off low · -19.0% from high
$43.92$70.98
Price $57.47 DailyIQ Est. $75.44

BKR is in a holding pattern - neither trend nor momentum has taken control. Earnings and guidance carry more weight than macro data at this capitalisation.

Reverse DCF

What growth is priced into BKR?

FAIR

At today's price, Baker Hughes Company needs to grow free cash flow about 14.7% a year for the next 10 years to justify its valuation at a 9.67% cost of capital. Over its actual history it has compounded free cash flow at 15.8% a year, so the market is asking for 1.2 percentage points below its own delivered rate. On that basis BKR looks priced roughly in line with its own growth record.

Implied FCF growth
14.7%
Historical FCF CAGR
15.8%
Growth gap
-1.2 pts
Verdict
FAIR
Discount rate (WACC)
9.67%
Beta
1.03

Behaviour On Record

What BKR's own history says about today's numbers

Realized volatility (21d)
31.3% 44th pct
Below its peak
-18.5%
vs 200-day average
-2.9%
Up days (1y)
49%

Baker Hughes Company is currently running 31.3% annualised volatility over the last 21 sessions. Measured against BKR's own 9 years of daily returns rather than a market-wide average, that is the 44th percentile — close to its own typical level, against a typical reading of 33.0%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

BKR is trading -18.5% below its running peak. Across 8 full years on file, its median worst-drawdown-in-a-year was -28.5%, and the deepest was -63.8% in 2020. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.

Price sits -2.9% from its 200-day moving average. Against every other day in its history, that gap ranks at the 34th percentile — close to the gap it normally carries. Over the past year BKR closed higher on 49% of sessions, and it is currently 2 sessions into a rising streak.

On September specifically: over 10 years of records, BKR finished the month higher 6 of 10 times, with a median return of +4.6% and an average of +0.5%. Its strongest month historically has been July at +3.7% on average, its weakest March at -2.4%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: BKR has opened more than 2% away from the prior close in 144 of 2,314 sessions (6.2% of the time), with the largest gaps running +10.3% and -7.2%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

All figures computed from 2,315 daily closes between 2017-07-05 and 2026-09-18, split-adjusted, recomputed daily. Percentiles are against BKR's own 9-year history, not a peer group or index.

Sector Rotation

Is money rotating into or out of BKR's sector?

Baker Hughes Company sits in the Energy sector, currently ranked 2nd of 11 GICS sectors by relative-strength rotation score (weakening).

Sector rank
#2 of 11
Sector state
Weakening
Sector rotation score
80

Options Market

What is the options market pricing for BKR?

CallsPuts

For Baker Hughes Company's nearest expiry (2026-10-16, 26 days out), open interest is put-heavy, a defensive/bearish tilt (put/call ratio of 1.16), with at-the-money implied volatility around 37.8%. The options market is pricing roughly a ±9.6% move by that expiry — a range of about $51.50–$62.46.

Put/call ratio (2026-10-16)
1.16
ATM implied volatility
37.8%
Total open interest
10,611
Expected move by 2026-10-16
±9.6% ($51.50–$62.46)

Analyst Rating Changes

Are analysts turning bullish or bearish on BKR?

UBS most recently reiterated its rating on Baker Hughes Company to Neutral on Sep 14, 2026 with a price target of $72 (from $70). Over the last 90 days, coverage has run 0 upgrades against 0 downgrades, a net mixed lean.

Latest action
UBS — Neutral
90-day upgrades
0
90-day downgrades
0
Net rating momentum
0
DateFirmActionRatingPrice target
Sep 14, 2026UBSMaintainedNeutral$70 → $72
Sep 10, 2026SusquehannaMaintainedPositive$72 → $75
Sep 10, 2026UBSMaintainedNeutral$71 → $70
Aug 25, 2026RBC CapitalMaintainedOutperform$71 → $76
Jul 28, 2026UBSMaintainedNeutral$73 → $71
Jul 28, 2026TD CowenMaintainedBuy$77 → $78
Jul 28, 2026Piper SandlerMaintainedOverweight$71 → $73
Jul 28, 2026StifelMaintainedBuy$74 → $75
Jul 28, 2026SusquehannaMaintainedPositive$70 → $72
Jul 16, 2026BarclaysMaintainedEqual-Weight$74 → $72
Jul 14, 2026Piper SandlerMaintainedOverweight$72 → $71
Jul 8, 2026CitigroupMaintainedBuy$74 → $75

BKR Competitive Positioning

Baker Hughes Company (BKR) is tracked alongside these names in Oil & Gas Equipment & Services on DailyIQ — ranked by market cap, with today's move alongside.

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