Baker Hughes (BKR) Projected to Post Earnings on Tuesday

Baker Hughes (NASDAQ:BKR) is anticipated to announce its Q3 2026 results after the market closes on Tuesday, October 27th. Analysts expect Baker Hughes to post earnings of $0.6050 per share and revenue of $7.75 billion for the quarter. Interested persons may visit the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 9:30 AM ET.

Baker Hughes (NASDAQ:BKR) last released its quarterly earnings results on Monday, July 27th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.13. Baker Hughes had a return on equity of 13.85% and a net margin of 11.17%. The firm had revenue of $6.74 billion during the quarter, compared to analysts’ expectations of $6.54 billion. During the same period last year, the firm posted $0.63 EPS. The business’s revenue was up 2.4% on a year-over-year basis. On average, analysts expect Baker Hughes to post $2.57 EPS for the current fiscal year and $2.95 EPS for the next fiscal year.

Baker Hughes Price Performance

BKR opened at $55.86 on Friday. The stock has a market capitalization of $55.45 billion, a P/E ratio of 18.02, a price-to-earnings-growth ratio of 2.66 and a beta of 1.04. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.09 and a quick ratio of 1.76. The company’s 50 day simple moving average is $58.94 and its 200-day simple moving average is $60.61. Baker Hughes has a one year low of $44.26 and a one year high of $70.41.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Morgan Stanley began coverage on Baker Hughes in a report on Friday, August 7th. They issued an “overweight” rating and a $70.00 price target on the stock. The Goldman Sachs Group restated a “buy” rating and issued a $71.00 price objective on shares of Baker Hughes in a research report on Tuesday, September 29th. Zacks Research raised Baker Hughes from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 16th. Barclays dropped their price target on Baker Hughes from $74.00 to $72.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 16th. Finally, Wolfe Research began coverage on shares of Baker Hughes in a research report on Wednesday, July 8th. They issued an “outperform” rating and a $70.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $72.10.

About Baker Hughes

Baker Hughes Company (NASDAQ: BKR) is an energy technology company that provides products, services and digital solutions for the oil and gas industry and other energy-related markets. Its offerings support the exploration, drilling, completion, production and maintenance of energy assets across the lifecycle of a project.

The company’s oilfield services and equipment business provides technologies such as drilling systems, well completions, artificial lift, subsea equipment, production chemicals and well intervention services.