Q2 EPS Estimates for Baker Hughes Lowered by Zacks Research

Baker Hughes (NASDAQ:BKR) – Investment analysts at Zacks Research dropped their Q2 2025 earnings per share estimates for Baker Hughes in a report released on Tuesday, May 13th. Zacks Research analyst R. Department now expects that the company will post earnings of $0.54 per share for the quarter, down from their previous forecast of $0.60. The consensus estimate for Baker Hughes’ current full-year earnings is $2.59 per share. Zacks Research also issued estimates for Baker Hughes’ Q4 2026 earnings at $0.80 EPS, Q1 2027 earnings at $0.68 EPS and FY2027 earnings at $3.09 EPS.

Baker Hughes (NASDAQ:BKR) last issued its quarterly earnings results on Tuesday, April 22nd. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.03. Baker Hughes had a return on equity of 14.58% and a net margin of 10.70%. The company had revenue of $6.43 billion for the quarter, compared to analysts’ expectations of $6.54 billion.

Other equities research analysts also recently issued reports about the stock. JPMorgan Chase & Co. upped their price target on shares of Baker Hughes from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. Evercore ISI cut their target price on shares of Baker Hughes from $52.00 to $50.00 and set an “outperform” rating for the company in a research note on Thursday, April 24th. Piper Sandler decreased their price target on shares of Baker Hughes from $53.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, April 24th. Royal Bank of Canada dropped their price target on Baker Hughes from $50.00 to $46.00 and set an “outperform” rating on the stock in a report on Thursday, April 24th. Finally, TD Securities reduced their price objective on Baker Hughes from $50.00 to $49.00 and set a “buy” rating for the company in a research note on Thursday, April 24th. Two equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. According to data from MarketBeat.com, Baker Hughes currently has an average rating of “Moderate Buy” and an average price target of $49.11.

Baker Hughes Trading Down 0.3%

Shares of BKR stock opened at $37.73 on Thursday. The stock has a 50-day simple moving average of $39.39 and a 200 day simple moving average of $42.02. The stock has a market capitalization of $37.38 billion, a P/E ratio of 12.66, a P/E/G ratio of 2.00 and a beta of 0.96. Baker Hughes has a fifty-two week low of $30.93 and a fifty-two week high of $49.40. The company has a quick ratio of 0.94, a current ratio of 1.32 and a debt-to-equity ratio of 0.35.

Hedge Funds Weigh In On Baker Hughes

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in shares of Baker Hughes by 0.8% during the first quarter. Vanguard Group Inc. now owns 122,118,216 shares of the company’s stock worth $5,367,096,000 after purchasing an additional 924,501 shares during the period. Capital Research Global Investors lifted its position in Baker Hughes by 0.6% in the 4th quarter. Capital Research Global Investors now owns 27,687,590 shares of the company’s stock worth $1,135,744,000 after buying an additional 177,232 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Baker Hughes by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 24,543,925 shares of the company’s stock valued at $1,004,212,000 after buying an additional 465,832 shares during the period. Norges Bank acquired a new stake in shares of Baker Hughes during the 4th quarter valued at $829,092,000. Finally, FMR LLC grew its stake in Baker Hughes by 12.5% in the fourth quarter. FMR LLC now owns 15,702,057 shares of the company’s stock valued at $644,098,000 after purchasing an additional 1,744,225 shares in the last quarter. Hedge funds and other institutional investors own 92.06% of the company’s stock.

Baker Hughes Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Tuesday, May 6th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Tuesday, May 6th. This represents a $0.92 dividend on an annualized basis and a yield of 2.44%. Baker Hughes’s payout ratio is presently 31.40%.

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.