
BKR Stock Forecast & Price Target
BKR Analyst Ratings
Bulls say
Baker Hughes is well-positioned for success in the oilfield services and equipment market, as well as in other industries such as LNG, hydrogen, and carbon capture. Their diverse product portfolio, focus on reducing emissions, and strong equipment orders are expected to drive growth and increase shareholder returns. The company's recent strategic acquisitions and highly differentiated IET segment add to their potential upside, projected at a potential value of low-$80s by 2030.
Bears say
Baker Hughes is heavily dependent on the oil and gas industry, which will continue to face challenges as the world shifts towards more sustainable energy sources. The company's shift towards an industrial and energy technology segment may provide some diversification, but it is still reliant on oil and gas customers. Additionally, lower E&P capital spending and potential supply chain issues pose risks to the company's financial performance.
This aggregate rating is based on analysts' research of Baker Hughes Co and is not a guaranteed prediction by Public.com or investment advice.
BKR Analyst Forecast & Price Prediction
Start investing in BKR
Order type
Buy in
Order amount
Est. shares
0 shares