Do Wall Street Analysts Like Baker Hughes Stock?
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Company Overview: Baker Hughes Company, a leader in energy technology with a market cap of $48.3 billion, focuses on innovative and sustainable solutions in oilfield services and energy transition, significantly outperforming the S&P 500 Index over the past year.
Financial Performance: The company reported strong Q4 earnings with a 7.7% revenue increase to $7.4 billion and a 37.3% rise in adjusted EPS to $0.70, leading to a consensus rating of "Strong Buy" among analysts, with price targets suggesting further stock growth potential.
Analyst Views on XES
Wall Street analysts forecast XES stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XES is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 95.730
Low
Averages
High
Current: 95.730
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
