Stock Price & Analysis

Based on recent technical and fundamental analysis, Baker Hughes (BKR) shows a bullish trend with strong momentum. The stock has gained 59.9% over the past year, significantly outperforming the S&P 500's 22.8% return. Recent Q4 earnings beat estimates with revenue growing 7.7% YoY to $7.4 billion and adjusted EPS surging 37.3% to $0.70.

The stock currently has a "Strong Buy" consensus rating from 23 analysts, with 19 "Strong Buy" ratings, 1 "Moderate Buy," and 3 "Hold" ratings. The mean price target of $52.26 suggests an 11.2% upside potential, with TD Cowen's Street High target of $57 implying a 21.3% upside.

Technical indicators show:

• RSI-14 at 48.98 indicates neutral momentum
• MACD is slightly bullish with 0.62 value
• Stock is trading above key SMAs (200-day at 37.91)
• Fibonacci support levels at 45.70 and 45.14 provide strong downside protection

BUY signal is supported by:

• Strong fundamental growth
• Positive analyst consensus
• Technical uptrend intact
• Recent U.S. rig count increase by 4 to 592 rigs

Based on the provided data and recent market analysis, here's the price prediction for Baker Hughes (BKR) stock in 2025:

BKR stock is expected to reach $52.26 by mid-2025, representing an 11.2% upside from current levels. The prediction is supported by strong fundamentals and positive analyst sentiment, with 19 out of 23 analysts giving "Strong Buy" ratings.

The target price is driven by:

• Robust earnings growth projection of 9.4% for fiscal year 2025
• Strong operational performance with Q4 2024 showing 7.7% revenue growth and 37.3% EPS growth
• TD Cowen's bullish price target of $57 (Street High) suggests potential upside of 21.3%

The S1 support level for BKR Stock is $44.36 ,The R1 resistant level for BKR Stock is $47.4.

As of the end of day on 2025-02-26, the price of BKR Stock was $43.89.

The target price for BKR Stock according to analyst rating is 53.14, with the highest price target at 57.00 and the lowest at 45.00. Analysts have a Strong Buy rating on BKR Stock overall.

The market cap of BKR is $43.6B.

Based on the provided data and current market conditions, here is a concise analysis of BKR's valuation:

Baker Hughes (BKR) appears fairly valued at current levels based on multiple valuation metrics and recent performance:

Valuation Metrics

• Forward P/E of 17.86x is reasonable compared to historical levels and industry average
• EV/EBITDA of 9.92x indicates attractive valuation relative to peers
• P/S ratio of 1.36x suggests reasonable pricing relative to revenue generation
• P/B ratio of 2.22x is in line with industry standards

Financial Performance

• Revenue grew 20.6% YoY to $25.5B in 2023
• Net income improved significantly from -$601M in 2022 to $1.94B in 2023
• Operating margins expanded with net margin improving from -2.73% to 7.72%
• Debt levels decreased from $6.66B to $6.02B, showing improved balance sheet strength

Market Position

• Strong market position in energy technology solutions
• Stock has outperformed broader market with 59.9% gain over past year vs S&P 500's 22.8% return
• Analyst consensus is "Strong Buy" with 19 out of 23 analysts giving positive ratings
• Mean price target of $52.26 suggests 11.2% potential upside from current levels

Given the company's improving fundamentals, reasonable valuation metrics, and positive analyst sentiment, BKR appears appropriately valued at current levels with room for moderate upside 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.

Based on the available data and market analysis, Baker Hughes (BKR) stock is projected to reach approximately $75-80 by 2030, driven by its strong position in energy technology solutions and consistent earnings growth. The company's successful transition towards sustainable energy technologies and impressive 59.9% stock performance over the past year demonstrates robust momentum. Strong analyst consensus with 19 "Strong Buy" ratings and a current Street High target of $57 suggests continued upward trajectory.

BKR has a total of 58000 employees.