U.S. forces boarded a sixth oil tanker near Venezuela, signaling an escalation of the Trump administration's crackdown on the "dark fleet" transporting sanctioned oil, The Wall Street Journal's Shelby Holliday and Costas Paris report, citing people familiar with the matter. The action follows the seizure of a fifth tanker and reflects continued efforts to restrict Venezuela's oil sales in coordination with the country's interim government. Publicly traded companies in the oil energy space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE). Publicly traded companies in the drillers and oil services space include Baker Hughes (BKR), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), SLB (SLB), Transocean (RIG) and Weatherford (WFRD).
Wall Street analysts forecast BKR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BKR is 55.17 USD with a low forecast of 52.00 USD and a high forecast of 61.00 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.
12 Analyst Rating
Wall Street analysts forecast BKR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for BKR is 55.17 USD with a low forecast of 52.00 USD and a high forecast of 61.00 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.
11 Buy
1 Hold
0 Sell
Strong Buy
Current: 56.500
Low
52.00
Averages
55.17
High
61.00
Current: 56.500
Low
52.00
Averages
55.17
High
61.00
BMO Capital
Phillip Jungwirth
Outperform
maintain
$55 -> $65
2026-01-27
New
Reason
BMO Capital
Phillip Jungwirth
Price Target
$55 -> $65
AI Analysis
2026-01-27
New
maintain
Outperform
Reason
BMO Capital analyst Phillip Jungwirth raised the firm's price target on Baker Hughes to $65 from $55 and keeps an Outperform rating on the shares after its Q4 earnings beat. The quarter demonstrated margin gains and strong demand across IET, Industrial & Energy Technology, end-markets, highlighted by meaningful power exposure, the analyst tells investors in a research note.
Citi
Buy
maintain
$61 -> $64
2026-01-27
New
Reason
Citi
Price Target
$61 -> $64
2026-01-27
New
maintain
Buy
Reason
Citi raised the firm's price target on Baker Hughes to $64 from $61 and keeps a Buy rating on the shares. Fourth quarter results and 2026 guidance should quell fears of falling order intake, stagnation in industrial and energy technology revenue and limited EBITDA growth, Citi told investors in a research note. The firm added that closing of the Chart acquisition offers further EBITDA upside via cost synergies initially and commercial synergies longer term.
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Barclays
NULL -> Overweight
maintain
$55 -> $57
2026-01-27
New
Reason
Barclays
Price Target
$55 -> $57
2026-01-27
New
maintain
NULL -> Overweight
Reason
Barclays raised the firm's price target on Baker Hughes to $57 from $55 and keeps an Overweight rating on the shares. The company posted another strong quarter with orders exceeding expectations, the analyst tells investors in a research note.
Stifel
Stephen Gengaro
Buy
maintain
$57 -> $58
2026-01-27
New
Reason
Stifel
Stephen Gengaro
Price Target
$57 -> $58
2026-01-27
New
maintain
Buy
Reason
Stifel analyst Stephen Gengaro raised the firm's price target on Baker Hughes to $58 from $57 and keeps a Buy rating on the shares. The firm is tweaking its estimates following a "strong" Q4 beat and modestly better-than-anticipated Q1 and full-year 2026 guidance, the analyst tells investors in a post-earnings note.
About BKR
Baker Hughes Company is an energy technology company that provides solutions to energy and industrial customers worldwide. The Company's segments include Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). OFSE segment provides products and services for onshore and offshore oilfield operations across the lifecycle of a well, ranging from exploration, appraisal, and development, to production, rejuvenation, and decommissioning. OFSE segment is organized into four product lines: Well Construction; Completions, Intervention, and Measurements; Production Solutions, and Subsea. IET segment provides technology solutions and services for mechanical-drive, compression and power-generation applications across the energy industry including oil and gas, liquefied natural gas operations, downstream refining, and petrochemical markets, as well as lower carbon solutions to broader energy and industrial sectors. IET segment also provides equipment, software, and services.
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.
