Baker Hughes (BKR) to Release Earnings on Thursday

Key Points

• Baker Hughes will report Q1 2026 results after the market close on Thursday, April 23; analysts expect $0.615 EPS and $6.706 billion in revenue, with a conference call set for April 24 at 9:30 AM ET.
• In the prior quarter the company beat estimates, delivering $0.78 EPS versus a $0.67 consensus and $7.39B in revenue versus $7.09B, and analysts average earnings forecasts at $3.00 EPS for both the current and next fiscal years.
• Insiders have been net sellers — 590,251 shares (~$35.3M) sold in the last 90 days (insiders now own 0.19%) — while institutional investors hold roughly 92.06% of the stock.

Baker Hughes (NASDAQ:BKR - Get Free Report) is projected to post its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect Baker Hughes to post earnings of $0.6150 per share and revenue of $6.7063 billion for the quarter. Individuals can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Friday, April 24, 2026 at 9:30 AM ET.

Baker Hughes (NASDAQ:BKR - Get Free Report) last posted its earnings results on Monday, January 26th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.11. The firm had revenue of $7.39 billion during the quarter, compared to the consensus estimate of $7.09 billion. Baker Hughes had a net margin of 9.33% and a return on equity of 14.26%. The company's revenue was up .3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.70 EPS. On average, analysts expect Baker Hughes to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Baker Hughes Stock Down 2.3%

NASDAQ BKR opened at $60.07 on Thursday. The stock has a market cap of $59.36 billion, a PE ratio of 23.10, a P/E/G ratio of 2.01 and a beta of 0.90. Baker Hughes has a fifty-two week low of $34.56 and a fifty-two week high of $67.00. The business has a 50 day moving average price of $60.99 and a two-hundred day moving average price of $53.08. The company has a quick ratio of 1.00, a current ratio of 1.36 and a debt-to-equity ratio of 0.28.

Baker Hughes Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Tuesday, February 17th. Baker Hughes's dividend payout ratio is currently 35.38%.

Insiders Place Their Bets

In other news, insider Maria Georgia Magno sold 19,150 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $59.11, for a total transaction of $1,131,956.50. Following the completion of the transaction, the insider directly owned 14,588 shares in the company, valued at approximately $862,296.68. This represents a 56.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Rebecca L. Charlton sold 1,985 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $55.77, for a total value of $110,703.45. Following the transaction, the chief accounting officer owned 12,052 shares of the company's stock, valued at approximately $672,140.04. This trade represents a 14.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 590,251 shares of company stock valued at $35,311,023. Corporate insiders own 0.19% of the company's stock.

Hedge Funds Weigh In On Baker Hughes

Several institutional investors and hedge funds have recently made changes to their positions in the business. State Street Corp boosted its stake in shares of Baker Hughes by 1.6% during the 4th quarter. State Street Corp now owns 61,409,438 shares of the company's stock valued at $2,796,586,000 after buying an additional 937,614 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Baker Hughes by 8.4% during the 4th quarter. Invesco Ltd. now owns 12,698,549 shares of the company's stock valued at $578,292,000 after buying an additional 982,179 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Baker Hughes by 58.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 11,635,780 shares of the company's stock valued at $529,896,000 after buying an additional 4,278,573 shares during the last quarter. Amundi boosted its stake in shares of Baker Hughes by 2.9% during the 3rd quarter. Amundi now owns 9,034,183 shares of the company's stock valued at $443,398,000 after buying an additional 257,482 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Baker Hughes by 2.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,867,923 shares of the company's stock valued at $358,305,000 after buying an additional 189,711 shares during the last quarter. 92.06% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BKR has been the subject of a number of analyst reports. Piper Sandler upped their price target on Baker Hughes from $61.00 to $64.00 and gave the stock an "overweight" rating in a report on Wednesday. Wall Street Zen cut Baker Hughes from a "buy" rating to a "hold" rating in a report on Saturday, March 28th. Royal Bank Of Canada upped their price target on Baker Hughes from $63.00 to $68.00 and gave the stock an "outperform" rating in a report on Tuesday. Johnson Rice initiated coverage on Baker Hughes in a report on Wednesday, February 25th. They issued a "buy" rating and a $68.00 price target for the company. Finally, BMO Capital Markets upped their price target on Baker Hughes from $65.00 to $70.00 and gave the stock an "outperform" rating in a report on Tuesday, March 3rd. Twenty investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $61.30.

About Baker Hughes

Baker Hughes is an energy technology company that provides a broad portfolio of products, services and digital solutions for the oil and gas and industrial markets. Its offerings span oilfield services and equipment — including drilling, evaluation, completion and production technologies — as well as turbomachinery, compressors and related process equipment used in midstream and downstream operations. The company also supplies aftermarket services, field support and integrated solutions designed to improve asset performance and uptime across the energy value chain.

The firm's roots trace back to the merger of Baker International and Hughes Tool Company, and more recently it combined with GE's oil and gas business in 2017 to form Baker Hughes, a GE company (BHGE); subsequent changes in ownership restored Baker Hughes as an independent publicly traded company.

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