Baker Hughes Company (BKR) Stock Price & Analysis

Baker Hughes Company (BKR) closed at USD 54.66 on Wednesday, October 28, 2026, down 7.36% on the day. The US market is currently closed (after-hours); this is not a live price.

The prior close was USD 59; the Oct 28, 2026 session ranged USD 54.55–58.21 on volume of 17,243,444 shares. Market capitalization is $54.26B, with a 52-week range of USD 44.26–70.41 (NMS). Source: Nexqual, retrieved October 28, 2026 at 21:42 UTC.

Also available as compact Markdown for AI agents: nexqual.com/BKR.md

Latest Earnings Results (BKR)

Baker Hughes Company (BKR) reported Q3 2026 results on Oct 27, 2026, 5:05:54 PM ET: adjusted EPS $0.70 vs. estimate $0.61 (beat), revenue $8.03B vs. estimate $7.75B (beat). Guidance: The company raised its full-year IET order guidance and Horizon 2 IET order outlook to $50 billion plus. Source: SEC 8-K filing. Nexqual published it 33 seconds after release. Read the SEC filing.

Fiscal periodEPS (reported)RevenueReleasedSource
Q3 2026$0.70 (adjusted (non-GAAP) diluted)$8.03BOct 27, 2026, 5:05:54 PM ET · on Nexqual +33 secondsSEC 8-K filing

Reported actuals captured by Nexqual from SEC 8-K filings and company press releases; each figure confirmed by two independent extraction methods.

Key facts (BKR)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (BKR)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$20.5B$21.2B$25.5B$27.8B$27.7B$28.7B
Operating income$1.31B$1.19B$2.32B$3.08B——
Net income-$219M-$601M$1.94B$2.98B$2.59B$2.90B
EPS (diluted)-$0.27-$0.61$1.91$2.98——
Free cash flow$1.52B$899M$1.84B$2.05B$2.54B$3.23B
Operating margin6.4%5.6%9.1%11.1%——
Net margin-1.1%-2.8%7.6%10.7%9.3%10.1%
Revenue growth-1.0%+3.2%+20.6%+9.1%-0.3%—
Cash + short-term investments$3.85B$2.49B$2.65B$3.36B$3.71B—
Total debt$6.73B$6.66B$6.02B$6.02B$6.09B—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Sep 30, 2026) (BKR)

P/E 18.7x · P/S 1.9x · EV/Sales 2.4x · P/FCF 16.8x · P/B 2.7x · FCF yield 5.95% · Earnings yield 5.34% · Dividend yield (paid, TTM) 1.68% · Buyback yield (TTM) 0.00% · Net debt $14.2B · EV $68.5B

Superinvestors (SEC 13F-HR, Q2 2026) (BKR)

2 of 80 tracked investors hold BKR. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
Dodge & Cox FundsDodge & Cox1.01%$1.93BReduced -2.8%
First Eagle InvestmentFirst Eagle Investment Management<0.01%$1.2MNew position

Insider sales (SEC Form 4, open-market, last ~7 months) (BKR)

6 of 6 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-07-01Borras Maria CChief Growth & Experience Ofcr72,000$4.0M78.2%Yes (adopted March 12, 2026)Opportunistic (traded every year 2023–2025, no repeating month)
2026-06-22Simonelli LorenzoChairman, President and CEO181,411$10.6M20.5%Yes (adopted March 11, 2026)Opportunistic (traded every year 2023–2025, no repeating month)
2026-06-15Moghal Ahmed FarhanEVP, Chief Financial Officer23,392$1.5M52.7%Yes (adopted March 13, 2026)Too little history (no open-market trades in 2023–2025)
2026-06-12Simonelli LorenzoChairman, President and CEO181,411$11.5M18.8%Yes (adopted March 11, 2026)Opportunistic (traded every year 2023–2025, no repeating month)
2026-06-03Charlton Rebecca LSVP, Controller & CAO5,088$327K24.1%Yes (adopted February 24, 2026)Too little history (no open-market trades in 2023 or 2024)
2026-05-19Apostolides James EChief Infra & Performance Ofcr12,261$814K44.2%Yes (adopted November 10, 2025)Opportunistic (traded every year 2023–2025, no repeating month)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (BKR)

Consensus Buy (mean 2.04 on a 1–5 scale), 25 analysts; mean target USD 70.63 (low 51, high 85).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-19CitigroupTarget loweredBuy$75 → $72
2026-09-30UBSTarget loweredNeutral$72 → $69
2026-09-29JefferiesTarget loweredBuy$80 → $77
2026-09-14UBSTarget raisedNeutral$70 → $72
2026-09-10SusquehannaTarget raisedPositive$72 → $75
2026-09-10UBSTarget loweredNeutral$71 → $70
2026-08-25RBC CapitalTarget raisedOutperform$71 → $76
2026-07-28UBSTarget loweredNeutral$73 → $71
2026-07-28TD CowenTarget raisedBuy$77 → $78
2026-07-28Piper SandlerTarget raisedOverweight$71 → $73
2026-07-28StifelTarget raisedBuy$74 → $75
2026-07-28SusquehannaTarget raisedPositive$70 → $72

Total return (dividends reinvested) (BKR)

1Y (from 2025-10-29)5Y (from 2021-10-25)
Total return+14.9%+144.4%
S&P 500 (SPY)+13.6%+79.8%
Per year+14.9%+19.5%
Volatility (annualized)34.2%35.5%
Max drawdown-24.0% (Apr 2026→Jul 2026)-45.2% (Mar 2022→Sep 2022)

BKR earnings history and stock reaction

Results filedQuarterEPSConsensusSurpriseStock reaction
Oct 27, 2026Quarter ended Sep 30, 2026$0.70$0.61Beat +14.8%-2.4%
Jul 27, 2026Quarter ended Jun 30, 2026$0.64$0.49Beat +30.6%+2.1%
Apr 23, 2026Quarter ended Mar 31, 2026$0.58$0.49Beat +18.4%+10.2%
Jan 26, 2026Quarter ended Dec 31, 2025$0.78$0.67Beat +16.4%+4.8%
Oct 23, 2025————+0.0%
Jul 22, 2025————+12.1%
Apr 22, 2025————-5.1%
Jan 30, 2025————+7.2%

EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

BKR recent SEC filings (last 120 days)

FiledFormWhat it says
Oct 28, 202610-QQuarterly report · period ended Sep 30, 2026
Oct 27, 20268-KQuarterly results; Regulation FD disclosure
Oct 1, 20268-K/ACurrent report
Sep 9, 20268-KRegulation FD disclosure
Jul 27, 202610-QQuarterly report · period ended Jun 30, 2026
Jul 27, 2026Schedule 13G/AJPMORGAN CHASE &amp; CO.: 6.9% of shares, passive 5%+ holder (amended)
Jul 27, 20268-KQuarterly results; Regulation FD disclosure
Jul 16, 20268-KEntered a material agreement; Ended a material agreement; Completed an acquisition or sale of assets; New debt or off-balance-sheet obligation; Regulation FD disclosure
“On July 15, 2026, Baker Hughes Holdings LLC ("BHH"), as borrower, and Baker Hughes, as parent guarantor, entered into (i) a term loan credit agreement (the "Bank of America Term Loan Credit Agreement") with the lenders party thereto (the "Bank of America Lenders") and Bank of America, N.A., as administrative agent, with aggregate lending commitments of $1.0 billion for a senior, unsecured term loan facility and (ii) a term loan credit agreement (the "UniCredit Term Loan Credit Agreement," and, together with the…”

Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.

BKR revenue by business segment (quarter ended Sep 30, 2026)

LineRevenueShare of totalYoY
OFSE$3.66B45.6%+0.7%
IET$3.48B43.3%+3.1%
Chart$888.0M11.1%—
Total revenue$8.03B100%—

BKR revenue by product line (quarter ended Sep 30, 2026)

LineRevenueShare of totalYoY
Sales of goods$5.40B67.2%+17.0%
— Sales of services (part of Sales of goods)$2.63B32.8%+9.7%
— Gas Technology Equipment (part of Sales of goods)$1.58B19.6%-6.6%
— Production Solutions (part of Sales of goods)$983.0M12.2%+1.8%
— Industrial Solutions (part of Sales of goods)$205.0M2.6%-28.8%
Total Gas Technology$2.47B30.8%-0.7%
— Well Construction (part of Total Gas Technology)$958.0M11.9%+0.4%
— Subsea & Surface Pressure Systems (part of Total Gas Technology)$711.0M8.9%-7.8%
— Industrial Products (part of Total Gas Technology)$537.0M6.7%+5.1%
— Aftermarket (part of Total Gas Technology)$265.0M3.3%—
Completions, Intervention, and Measurements$1.01B12.6%+6.7%
Gas Technology Services$897.0M11.2%+11.7%
Total Industrial Technology$742.0M9.2%-7.1%
Original Equipment$623.0M7.8%—
Climate Technology Solutions$262.0M3.3%+211.9%
Total revenue$8.03B100%—

BKR revenue by region (fiscal year ended Dec 31, 2025)

LineRevenueShare of totalYoY
Non Us$20.03B72.2%-2.0%
United States$7.70B27.8%+4.3%
Total revenue$27.73B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

BKR suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
SupplierGE Vernova (GEV)“In particular, Baker Hughes has: i) an intellectual property cross-license agreement with GE Aerospace, GE Vernova, and GE HealthCare that allows all parties to have continued rights to commercially utilize certain intellectual property of the other pursuant to the terms of the agreement, ii) a heavy duty gas turbine distribution and supply agreement that licenses certain intellectual property of GE Vernova to Bak…”
SupplierGE Aerospace (GE)“In particular, Baker Hughes has: i) an intellectual property cross-license agreement with GE Aerospace, GE Vernova, and GE HealthCare that allows all parties to have continued rights to commercially utilize certain intellectual property of the other pursuant to the terms of the agreement, ii) a heavy duty gas turbine distribution and supply agreement that licenses certain intellectual property of GE Vernova to Bak…”
PartnerCactus, Inc. (WHD)“In June 2025, the Company announced the creation of a joint venture with a subsidiary of Cactus, Inc. ("Cactus"), to which Baker Hughes will contribute its surface pressure control business.”
PartnerChart Industries“On July 28, 2025, we entered into a merger agreement with Chart, which sets forth the terms of our proposed transaction.”
CompetitorSiemens“IET main competitors include Siemens Energy, Solar (a Caterpillar company), Mitsubishi Heavy Industry, Sulzer, Flowserve, and Emerson.”
CompetitorCaterpillar (CAT)“IET main competitors include Siemens Energy, Solar (a Caterpillar company), Mitsubishi Heavy Industry, Sulzer, Flowserve, and Emerson.”

Quoted from the company's 10-K filed Feb 5, 2026.

BKR company outlook (results filed Oct 27, 2026)

Quoted word-for-word from the SEC 8-K results press release.

BKR analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Dec 2026)$0.70$0.72-3.9%$8.35B15
Next quarter (ends Mar 2027)$0.64$0.69-8.0%$7.72B10
Current fiscal year (ends Dec 2026)$2.55$2.56-0.4%$29.42B16
Next fiscal year (ends Dec 2027)$2.94$3.18-7.5%$32.56B18

BKR options: expected move

Options price a move of about ±17.4% (±$9.55) by Mar 19, 2027, which includes earnings on Jan 25, 2027; the earnings reaction alone is priced at about ±4.2%. Over the last 8 reports the stock moved ±5.5% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262337.9%±7.6%
Dec 18, 20265135.5%±10.6%
Jan 15, 20277934.2%±12.8%
Mar 19, 202714235.0%±17.4%
Apr 16, 202717034.4%±18.7%
Jun 17, 202723234.6%±21.9%
Sep 17, 202732434.5%±25.6%

30-day implied volatility 34.7% vs 38.8% realized over the last 30 trading days. Put/call ratio (volume) 0.61. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 28, 2026 at 21:42 UTC)

PriceUSD 54.66
Change▼ 7.36% (down)
Previous CloseUSD 59
OpenUSD 57
Day RangeUSD 54.55 – 58.21
52-Week RangeUSD 44.26 – 70.41
Volume17,243,444 shares
Market Cap$54.26B
ExchangeNMS

Technical Analysis (BKR)

Nexqual's technical model rates BKR "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 28, 2026 at 21:42 UTC.

Overall SignalSTRONG SELL
RSI (14)43.93 (neutral)
vs SMA50Below (USD 58.48)
MACD-0.57 (negative)

Analyst Ratings (BKR)

Wall Street analysts rate BKR "Buy" based on 25 analysts, with a mean price target of USD 70.63 (range USD 51–85), per Nexqual as of October 28, 2026 at 21:42 UTC.

Consensus RatingBuy
Analyst Count25
Mean TargetUSD 70.63
High TargetUSD 85
Low TargetUSD 51
Buy / Hold / Sell20 / 4 / 1

Earnings (BKR)

Next Earnings Date2027-01-25
EPS EstimateUSD 0.7
Revenue Estimate$8.35B

Recent Earnings History

QuarterActual vs Estimate
2026-09-30USD 0.7 vs est 0.61 ▲ beat
2026-06-30USD 0.64 vs est 0.49 ▲ beat
2026-03-31USD 0.58 vs est 0.49 ▲ beat
2025-12-31USD 0.78 vs est 0.67 ▲ beat

Source: Nexqual, October 28, 2026 at 21:42 UTC.

Financials & Fundamentals (BKR)

Total Revenue$27.73B
Revenue Growth (latest quarter, YoY)-2.40%
Gross Margin+23.66%
Operating Margin+12.83%
Profit Margin+11.17%
ROE+16.46%
Debt / Equity0.81
Current Ratio2.1
Total Cash$17.02B
Total Debt$16.25B
Free Cash Flow (last four quarters to Sep 2026, SEC 10-Q / 10-K)$3.23B (11.2% of revenue)

Source: Nexqual, October 28, 2026 at 21:42 UTC.

Financial Health Score (BKR)

Nexqual rates Baker Hughes Company's overall financial health "Mixed" across five dimensions, as of October 28, 2026 at 21:42 UTC.

GrowthWeak — Revenue -0% YoY (annual), declining
ProfitabilityMixed — Gross margin 24%, operating 13% (last 12 months)
Balance SheetMixed — $4.07B cash and investments vs $18.3B debt (Sep 2026, SEC)
Cash FlowSolid — FCF $3.23B (last 4 quarters to Sep 2026, SEC), 11% margin
EfficiencyMixed — ROE 14%, ROA 4.9% (last 4 quarters, SEC)

Ownership (BKR)

Insider Ownership+0.15%
Institutional Ownership+100.18%
Shares Outstanding992.67M
Float990.64M
Short % of Float+2.77%

Source: Nexqual, October 28, 2026 at 21:42 UTC.

Leadership (BKR)

Baker Hughes Company is led by Lorenzo Simonelli, Chairman, President & CEO, per Nexqual as of October 28, 2026 at 21:42 UTC.

Chairman, President & CEOLorenzo Simonelli
Executive VP & CFOAhmed Moghal
Executive Vice President of Oilfield Services & EquipmentAmerino Gatti
Vice President of Investor RelationsChase Mulvehill
Vice President of Brand & External CommunicationsAdrienne M.. Lynch

Major Backers & Investors (BKR)

Notable institutional backers of Baker Hughes Company include JPMorgan, Capital Group, Invesco, according to Nexqual as of October 28, 2026 at 21:42 UTC.

Active Investors

InvestorStake
JPMorgan8.44%
Capital Group8.39%
Invesco4.27%
Dodge & Cox Inc.4.21%
SELECT SECTOR SPDR TRUST-State Street Energy Select Sector SPDR ETF2.49%
Fidelity1.55%

Index Funds (Passive)

FundStake
Vanguard Group13.75%
BlackRock11.96%
State Street7.79%
Geode Capital3.3%

Source: Nexqual, October 28, 2026 at 21:42 UTC.

From Baker Hughes Company's Latest SEC 10-K Filing (filed 2026-02-05)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 28, 2026 at 21:42 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt