Stock Price & Analysis

Buy BKR stock as it has a Strong Buy analyst consensus with a $53.74 average price target and recently secured a multi-year contract with Petrobras.

BKR stock is predicted to reach $53.00 by year-end 2025, driven by its recent multi-year contract with Petrobras and strong analyst sentiment. The stock currently trades at $44.84, with a Fibonacci R2 level at $45.71 and a price target of $53.74 from analysts. Positive catalysts include its leadership in energy technology solutions and a Strong Buy consensus rating from Wall Street analysts.

The S1 support level for BKR Stock is $42.97 ,The R1 resistant level for BKR Stock is $45.13.

As of the end of day on 2025-04-01, the price of BKR Stock was $44.99.

The target price for BKR Stock according to analyst rating is 53.95, with the highest price target at 58.00 and the lowest at 47.00. Analysts have a Strong Buy rating on BKR Stock overall.

The market cap of BKR is $44.4B.

Analysis and Insights

BKR may not be overvalued based on current metrics and recent developments. Here's the analysis:

1. Valuation Metrics:

   • P/E Ratio: 16.7x, in line with industry averages.
   • EV/EBITDA: 8.3x, lower than historical averages, indicating undervaluation.
   • P/S Ratio: 1.2x, suggesting reasonable pricing relative to sales.

2. Recent Contracts:

   • Secured a multi-year contract with Petrobras for completions systems, enhancing revenue visibility.
   • Another contract focuses on solving stress corrosion cracking, showcasing technological leadership.

3. Analyst Sentiment:

   • Strong Buy consensus with a $53.74 average target price, indicating 19.6% upside potential.

4. Technical Indicators:

   • RSI (14) at 51.31, MACD slightly negative, and price near Bollinger Band support, suggesting potential upside.

Conclusion:

BKR appears fairly valued with growth potential.

Baker Hughes Company is an energy technology company with a portfolio of technologies and services that span the energy and industrial value chain. The Company operates in two segments: 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 is organized into four product lines: Well Construction; Completions, Intervention, and Measurements; Production Solutions, and Subsea and Surface Pressure Systems. 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 (LNG) operations, downstream refining and petrochemical markets, as well as lower carbon solutions to broader energy and industrial sectors.

BKR stock is predicted to reach $65 by 2030, driven by its strategic contracts with Petrobras and strong positioning in the energy transition. Analysts expect $53.74 on average, with potential upside to $70 if energy demand grows. However, if the sector slows, it may stabilize near $50.

BKR has a total of 58000 employees.