Zacks Research Reduces Earnings Estimates for Baker Hughes

Key Points

• Analysts at Zacks Research have reduced their Q4 2026 earnings per share estimate for Baker Hughes from $0.73 to $0.72.
• Baker Hughes last reported an earnings per share of $0.16 with a revenue of $5.09 billion for the previous quarter, reflecting a net margin of 11.04%.
• The company's stock has demonstrated a one-year price range of $33.60 to $50.92, currently trading around $44.83.

Baker Hughes Company (NASDAQ:BKR - Free Report) - Stock analysts at Zacks Research dropped their Q4 2026 earnings per share estimates for Baker Hughes in a research note issued on Monday, October 13th. Zacks Research analyst Team now expects that the company will post earnings of $0.72 per share for the quarter, down from their prior estimate of $0.73. The consensus estimate for Baker Hughes' current full-year earnings is $2.59 per share.

Baker Hughes (NASDAQ:BKR - Get Free Report) last announced its earnings results on Friday, November 18th. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $5.09 billion for the quarter. Baker Hughes had a return on equity of 14.56% and a net margin of 11.04%.

A number of other equities analysts also recently commented on BKR. Evercore ISI lifted their price target on Baker Hughes from $53.00 to $55.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 30th. Morgan Stanley upped their price target on Baker Hughes from $45.00 to $55.00 and gave the company an "overweight" rating in a report on Tuesday, July 29th. Jefferies Financial Group set a $58.00 price objective on shares of Baker Hughes in a research report on Wednesday, July 30th. UBS Group upped their price objective on shares of Baker Hughes from $46.00 to $48.00 and gave the stock a "neutral" rating in a report on Monday, October 6th. Finally, Melius began coverage on shares of Baker Hughes in a research report on Wednesday, August 20th. They set a "buy" rating and a $60.00 target price for the company. Twenty-two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Baker Hughes presently has an average rating of "Moderate Buy" and an average target price of $52.57.

Baker Hughes Stock Down 1.5%

NASDAQ:BKR opened at $44.83 on Wednesday. The company has a market capitalization of $44.20 billion, a price-to-earnings ratio of 14.65, a price-to-earnings-growth ratio of 2.07 and a beta of 0.99. Baker Hughes has a one year low of $33.60 and a one year high of $50.92. The stock has a 50-day simple moving average of $45.99 and a 200 day simple moving average of $41.35. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.00 and a current ratio of 1.41.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Wayfinding Financial LLC acquired a new stake in shares of Baker Hughes in the first quarter worth approximately $28,000. N.E.W. Advisory Services LLC purchased a new stake in Baker Hughes during the 1st quarter worth about $30,000. Golden State Wealth Management LLC increased its holdings in Baker Hughes by 678.7% during the 1st quarter. Golden State Wealth Management LLC now owns 693 shares of the company's stock worth $30,000 after purchasing an additional 604 shares during the period. Grove Bank & Trust increased its holdings in Baker Hughes by 76.2% during the 1st quarter. Grove Bank & Trust now owns 740 shares of the company's stock worth $33,000 after purchasing an additional 320 shares during the period. Finally, Spire Wealth Management boosted its position in shares of Baker Hughes by 132.9% during the 1st quarter. Spire Wealth Management now owns 815 shares of the company's stock worth $36,000 after acquiring an additional 465 shares in the last quarter. 92.06% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Baker Hughes news, CAO Rebecca L. Charlton sold 1,000 shares of the stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $50.00, for a total value of $50,000.00. Following the sale, the chief accounting officer owned 11,772 shares in the company, valued at $588,600. This trade represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Sreeganesh Ramaswamy sold 25,000 shares of the stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $50.00, for a total value of $1,250,000.00. Following the transaction, the executive vice president directly owned 40,520 shares in the company, valued at $2,026,000. The trade was a 38.16% decrease in their position. The disclosure for this sale can be found here. Insiders sold 553,068 shares of company stock valued at $24,712,651 in the last quarter. 0.27% of the stock is currently owned by insiders.

Baker Hughes Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Tuesday, August 5th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, August 5th. Baker Hughes's payout ratio is currently 30.07%.

Baker Hughes Company Profile

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations.

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