Baker Hughes
About: Baker Hughes Company is an energy technology company with a portfolio of technologies and services that span the energy and industrial value chain. Baker Hughes is an energy technology company with two main segments: Oilfield Services and Equipment (OFSE) and Industrial and Energy Technology (IET). OFSE offers products and services for oilfield operations throughout a well's lifecycle. IET provides solutions for mechanical-drive, compression, and power-generation applications across energy industries, including oil, gas, LNG, refining, and petrochemicals. It also focuses on lower-carbon solutions for broader energy and industrial sectors. Key revenue is generated from non USA regions.
Employees: 57,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
175% more first-time investments, than exits
New positions opened: 154 | Existing positions closed: 56
16% more repeat investments, than reductions
Existing positions increased: 324 | Existing positions reduced: 280
14% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 8 (+1) [Q4]
9% more funds holding
Funds holding: 773 [Q3] → 843 (+70) [Q4]
6% more capital invested
Capital invested by funds: $35.3B [Q3] → $37.5B (+$2.2B) [Q4]
5.83% less ownership
Funds ownership: 98.16% [Q3] → 92.32% (-5.83%) [Q4]
11% less call options, than puts
Call options by funds: $224M | Put options by funds: $251M
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
Benchmark Kurt Hallead 34% 1-year accuracy 14 / 41 met price target | 25%upside $57 | Buy Reiterated | 11 Feb 2025 |
Barclays David Anderson 45% 1-year accuracy 36 / 80 met price target | 21%upside $55 | Overweight Maintained | 4 Feb 2025 |
Susquehanna Charles Minervino 38% 1-year accuracy 26 / 69 met price target | 21%upside $55 | Positive Maintained | 3 Feb 2025 |
Stifel Stephen Gengaro 52% 1-year accuracy 47 / 91 met price target | 18%upside $54 | Buy Maintained | 3 Feb 2025 |
RBC Capital Keith Mackey 50% 1-year accuracy 10 / 20 met price target | 16%upside $53 | Outperform Maintained | 3 Feb 2025 |
Financial journalist opinion
Based on 33 articles about BKR published over the past 30 days
