Baker Hughes Co's stock is experiencing a notable uptick in the market, driven by positive industry trends and strategic growth initiatives.
Baker Hughes Co (NASDAQ:BKR) is rising today, reflecting a 1.41% increase to close at CA$58.06. This gain comes amid favorable conditions in the energy sector and the company's recent strategic moves.
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Baker Hughes Co
BKR.US
BKR.US
Baker Hughes Co
WealthAwesomeMarket cap
$56.83B
P/E
18.4x
Div. yield
1.63%
Div. / share
$0.92
52W high
$69.92
52W low
$43.24
1W change
-11.50%
Beta
0.96
Analyst Price Targets
Based on 27 analysts covering BKR · as of Sep 17, 2026
Wall Street analysts forecast BKR stock price to rise 28.4% over the next 12 months.
Consensus
Buy4.26 / 5.00
Avg. Target
C$72.30
+28.4% Upside
Current Price
C$56.32
Last close
Analyst Breakdown (27 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BKR's historical volatility
30-Day Vol
30.5%
Annualized
90-Day Vol
32.3%
Annualized
Trend (90d)
+8.0%
Annualized drift
90d Mean
C$58.90
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$57.80 | C$52.01 – C$64.22 |
| 60 trading days | C$58.35 | C$50.27 – C$67.73 |
| 90 trading days | C$58.90 | C$49.08 – C$70.70 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should note Baker Hughes' strong positioning in the energy market, particularly as demand for oilfield services and carbon capture technologies increases.
Baker Hughes' Market Cap Reaches CA$56.83 Billion
With a market cap of CA$56.83 billion, Baker Hughes is well-positioned within the energy sector, supported by a P/E ratio of 18.41 and a profit margin of 11.17%.
Bull case
The recent rise in oil prices and increased drilling activity are likely to boost demand for Baker Hughes' services. Plus, the company's acquisition of Chart Industries enhances its capabilities in carbon capture and clean energy, setting it up for future growth.
Bear case
Even with a positive outlook, Baker Hughes faces challenges from integration costs related to its recent acquisition. There’s also potential pressure on near-term margins, which could affect profitability if not managed well.
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Positive Industry Trends
Baker Hughes is benefiting from a resurgence in oil prices, with West Texas Intermediate crude trading above $95 per barrel. This increase encourages producers to keep drilling, directly supporting demand for Baker Hughes' oilfield services and technologies.
Strategic Growth Initiatives
The recent acquisition of Chart Industries is a significant move for Baker Hughes, expanding its capabilities in carbon capture and clean energy solutions. This strategic diversification is expected to enhance long-term growth prospects, especially as the global energy landscape shifts towards more sustainable practices.
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