Baker Hughes Company (BKR)
NASDAQ: BKR · IEX Real-Time Price · USD
33.21
-0.26 (-0.76%)
May 20, 2024, 1:07 PM EDT - Market open
Baker Hughes Company Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for BKR stock have an average target of 40.33, with a low estimate of 36 and a high estimate of 47. The average target predicts an increase of 21.46% from the current stock price of 33.21.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for BKR stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 4 | 4 | 4 | 5 | 5 |
| Buy | 7 | 8 | 8 | 8 | 5 | 5 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 15 | 15 | 15 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $40 | Strong Buy | Reiterates | $40 | +20.46% | Apr 24, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $40 | Buy | Maintains | $40 | +20.46% | Apr 8, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $39 | Buy | Reiterates | $39 | +17.45% | Feb 1, 2024 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 29, 2024 |
| Barclays | Barclays | Buy Maintains $43 → $42 | Buy | Maintains | $43 → $42 | +26.49% | Jan 26, 2024 |
Financial Forecast
Revenue This Year
27.81B
from 25.51B
Increased by 9.02%
Revenue Next Year
29.80B
from 27.81B
Increased by 7.18%
EPS This Year
2.03
from 1.91
Increased by 6.41%
EPS Next Year
2.54
from 2.03
Increased by 25.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.8B | 32.1B | 32.9B | 33.9B | 35.2B |
| Avg | 27.8B | 29.8B | 30.8B | 32.1B | 33.1B |
| Low | 25.8B | 27.8B | 27.4B | 30.6B | 31.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.7% | 15.5% | 10.3% | 10.1% | 9.8% |
| Avg | 9.0% | 7.2% | 3.4% | 4.2% | 3.0% |
| Low | 1.3% | -0.1% | -7.9% | -0.5% | -2.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.24 | 2.98 | 3.52 | 3.65 | 4.03 |
| Avg | 2.03 | 2.54 | 2.90 | 3.19 | 3.45 |
| Low | 1.18 | 1.49 | 1.76 | 2.78 | 2.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.1% | 46.7% | 38.5% | 26.2% | 26.3% |
| Avg | 6.4% | 25.0% | 14.0% | 10.2% | 8.2% |
| Low | -38.0% | -26.5% | -30.7% | -3.9% | -7.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.