Baker Hughes Co - Class A NYSE:BKR Price, Chart, News & Insight

Baker Hughes Stock Rises 1.6% After Morgan Stanley Sets $70 Price Target

Baker Hughes (NASDAQ: BKR) shares are up about 1.6% in premarket trading Friday following a new analyst rating update from Morgan Stanley.

Morgan Stanley analyst Joe Laetsch initiated a $70 price target on Baker Hughes. The target represents roughly 11.6% upside from the stock’s latest price of $62.75 shown in the report.

Energy and Industrial Exposure Supports Outlook

The positive analyst view comes as Baker Hughes continues to benefit from its diversified exposure to oilfield services, LNG infrastructure and industrial energy technology. The company’s positioning across both traditional energy markets and longer-term power and infrastructure investment provides multiple potential growth drivers.

The premarket gain may also reflect broader strength in energy markets. Brent crude has moved higher amid renewed uncertainty surrounding the Strait of Hormuz, improving sentiment toward energy-related stocks.

Investors will now watch whether Baker Hughes can sustain order growth and margins as energy companies adjust spending plans amid volatile commodity prices. The new $70 Morgan Stanley target adds another positive catalyst for the stock as Friday’s session approaches.

💬

WS Investor 08-07-26

Baker Hughes Company reported solid fourth-quarter and full-year 2025 results, highlighted by strong orders, record backlog, and robust cash generation.

In Q4 2025, orders reached $7.9 billion, including $4.0 billion from Industrial & Energy Technology (IET), while revenue was $7.4 billion, flat year over year. Attributable net income totaled $876 million, with GAAP diluted EPS of $0.88 and adjusted diluted EPS of $0.78. Adjusted EBITDA rose 2% year over year to $1.34 billion, and free cash flow increased to $1.34 billion.

For full-year 2025, Baker Hughes generated $29.6 billion in orders, including a record $14.9 billion from IET, and achieved a record remaining performance obligation of $35.9 billion. Revenue totaled $27.7 billion, net income was $2.59 billion, and GAAP and adjusted diluted EPS both came in at $2.60. Adjusted EBITDA increased 5% year over year to a record $4.83 billion, while free cash flow reached a record $2.73 billion.

Management expects IET orders to remain strong in 2026 and projects mid-single-digit organic Adjusted EBITDA growth, supported by LNG, gas infrastructure, and power systems demand.

💬

WS Investor 01-26-26

Baker Hughes announced it has completed the sale of its Precision Sensors & Instrumentation (PSI) product line to Crane Company, generating cash proceeds of $1.15 billion before customary closing adjustments. The divested business includes the Druck, Panametrics and Reuter-Stokes brands, and the transaction was first announced in July 2025.

The company said the sale, together with the recently announced joint venture for its surface pressure control product line, represents a key step in its value-creation strategy. Baker Hughes stated that the transactions strengthen its balance sheet and liquidity, enhance earnings and cash flow durability, and enable capital to be redeployed toward higher-return opportunities in line with its disciplined capital allocation approach.

Source: Globe Newswire

💬

European Investor 01-05-26

Baker Hughes will announce the results of the fourth quarter and full year at 5 p.m. ET on Sunday, Jan. 25, 2026.

A webcast to discuss the results will be held Monday, Jan. 26, at 9:30 a.m. ET.

💬

European Investor 12-30-25

Baker Hughes received a full notice to proceed from Technip Energies to supply primary liquefaction equipment for the Commonwealth LNG export facility in Cameron, Louisiana. The order covers six mixed refrigerant turbomachinery trains, including LM9000 gas turbines paired with centrifugal compressors, for the 9.5 MTPA LNG project. The award builds on existing strategic agreements and supports the development of a lower-carbon, high-efficiency LNG export facility.

Source: GlobeNewswire, December 22, 2025

💬

Global Finance News 12-22-25

Baker Hughes Wins Multi-Year Artificial Lift Contract from Kuwait Oil Company

Baker Hughes announced that it has secured a major multi-year contract from Kuwait Oil Company to supply advanced artificial lift solutions aimed at enhancing oil and gas production across Kuwait’s fields.

Under the agreement, Baker Hughes will provide electrical submersible pump systems along with installation, monitoring, and maintenance services. Production efficiency and reliability will be improved through the integration of the FusionPro intelligent production drive and the Leucipa automated field production solution, which are designed to reduce downtime and optimize ESP performance.

The award builds on a previous third-quarter contract in which Baker Hughes was selected to deliver advanced wireline and perforation technologies, including Proxima logging services, to improve reservoir evaluation and recovery. The company highlighted its long-standing presence in Kuwait, including a local workshop for artificial lift testing and analysis and a recently signed memorandum of understanding to establish a research and development center in Ahmadi Innovation Valley.

Source: GlobeNewswire

💬

WS Investor 12-20-25

Baker Hughes-Chart Industries merger clears U.S. antitrust review

Baker Hughes Company (Nasdaq: BKR) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its planned acquisition of Chart Industries has expired as of 11:59 p.m. Eastern Time on November 6, 2025, marking a key regulatory milestone for the merger.

Under the merger agreement signed on July 28, 2025, Baker Hughes will acquire Chart through the merger of its wholly owned subsidiary, Tango Merger Sub, Inc., into Chart, which will continue as an indirect wholly owned subsidiary of Baker Hughes. Both companies continue to expect the deal to close in mid-2026, pending remaining customary closing conditions and other regulatory approvals.

The filing also included forward-looking statements cautioning that completion of the merger remains subject to various risks, including the ability to obtain required approvals, achieve expected synergies, and integrate operations efficiently.

💬

European Investor 11-08-25

Baker Hughes, Aramco Expand Coiled Tubing Drilling Operations in Saudi Arabia

Baker Hughes (NASDAQ: BKR) announced a multi-year agreement with Aramco to expand integrated underbalanced coiled tubing drilling (UBCTD) operations across Saudi Arabia’s natural gas fields. The deal, booked in Q3 2025, will increase Baker Hughes’ UBCTD fleet from four to 10 units for both re-entry and greenfield projects.

The scope includes underbalanced drilling services, operational management, well construction, and geosciences. Executive Vice President Amerino Gatti said the collaboration builds on nearly 20 years of partnership and will help Aramco access hard-to-reach hydrocarbons more efficiently.

Work under the expanded agreement will begin in 2026, reinforcing Baker Hughes’ long-standing presence and operational excellence in Saudi Arabia’s energy sector.

💬

The Investor 10-25-25

Baker Hughes (NASDAQ: BKR) reported third-quarter 2025 results showing solid operational execution and record backlog growth.

Financial highlights:
• Orders: $8.2 billion, including $4.1 billion from the Industrial & Energy Technology (IET) segment.
• Revenue: $7.0 billion, up 1% year-over-year.
• Net income: $609 million.
• GAAP EPS: $0.61; adjusted EPS: $0.68.
• Adjusted EBITDA: $1.24 billion, up 2% year-over-year.
• Operating cash flow: $929 million; free cash flow: $699 million.
• Backlog (RPO): $35.3 billion, with a record $32.1 billion from IET.

CEO Lorenzo Simonelli said the quarter’s performance reflected strong discipline, growth in gas and LNG markets, and record IET demand. He added that Baker Hughes is entering “the strongest position since the merger nearly a decade ago,” as it transitions into its next growth phase with durable order visibility and expanding profitability.

💬

The Investor 10-23-25

Baker Hughes announced that Chart Industries shareholders have approved its pending acquisition, marking a key milestone in Baker Hughes’ plan to become a leading energy and industrial technology company. The transaction, expected to close by mid-2026 pending regulatory approvals, will expand Baker Hughes’ Industrial & Energy Technology (IET) segment and strengthen its presence in high-growth markets such as LNG, data centers, and clean energy.

CEO Lorenzo Simonelli said the acquisition supports Baker Hughes’ long-term strategy and enhances shareholder value, noting that the company has delivered total shareholder returns of 340% over five years. The company reaffirmed its third-quarter and full-year 2025 guidance while conducting a comprehensive review of capital allocation, business structure, and operations to identify further growth.

💬

European Investor 10-06-25

NYSE:BKRFollow

NYSE:BKR