Baker Hughes (BKR) Projected to Announce Earnings on Sunday

Baker Hughes (NASDAQ:BKR) is expected to issue its Q2 2026 results after the market closes on Sunday, July 26th. Analysts expect the company to post earnings of $0.4927 per share and revenue of $6.5077 billion for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Monday, July 27, 2026 at 9:30 AM ET.

Baker Hughes (NASDAQ:BKR) last posted its earnings results on Thursday, April 23rd. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.09. The firm had revenue of $6.59 billion during the quarter, compared to the consensus estimate of $6.71 billion. Baker Hughes had a net margin of 11.17% and a return on equity of 14.17%. The firm’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the firm posted $0.51 EPS. On average, analysts expect Baker Hughes to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Baker Hughes Stock Down 0.9%

BKR opened at $56.09 on Friday. The firm has a market cap of $55.65 billion, a P/E ratio of 17.92, a PEG ratio of 2.35 and a beta of 0.96. The business’s fifty day simple moving average is $60.14 and its 200 day simple moving average is $59.91. Baker Hughes has a 52 week low of $41.96 and a 52 week high of $70.41. The company has a quick ratio of 1.77, a current ratio of 2.13 and a debt-to-equity ratio of 0.79.

Insider Activity

In other news, CAO Rebecca L. Charlton sold 5,088 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $64.22, for a total transaction of $326,751.36. Following the completion of the sale, the chief accounting officer directly owned 15,997 shares in the company, valued at $1,027,327.34. This trade represents a 24.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lorenzo Simonelli sold 181,411 shares of the business’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $58.43, for a total transaction of $10,599,844.73. Following the completion of the sale, the chief executive officer directly owned 703,444 shares of the company’s stock, valued at $41,102,232.92. The trade was a 20.50% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 367,910 shares of company stock worth $22,420,797. Company insiders own 0.19% of the company’s stock.

Hedge Funds Weigh In On Baker Hughes

Several hedge funds and other institutional investors have recently modified their holdings of BKR. EFG International AG bought a new stake in Baker Hughes in the 4th quarter valued at about $26,000. Quarry LP bought a new position in Baker Hughes in the 4th quarter worth about $31,000. Acumen Wealth Advisors LLC bought a new position in Baker Hughes in the 4th quarter worth about $35,000. Golden State Wealth Management LLC increased its stake in shares of Baker Hughes by 786.5% in the fourth quarter. Golden State Wealth Management LLC now owns 789 shares of the company’s stock valued at $36,000 after purchasing an additional 700 shares during the period. Finally, Aster Capital Management DIFC Ltd bought a new stake in shares of Baker Hughes during the fourth quarter valued at approximately $60,000. Institutional investors and hedge funds own 92.06% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on BKR shares. Evercore restated an “outperform” rating and issued a $76.00 target price on shares of Baker Hughes in a report on Monday, April 27th. Zacks Research upgraded shares of Baker Hughes from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Jefferies Financial Group reissued a “buy” rating on shares of Baker Hughes in a research note on Thursday, July 9th. Capital One Financial lifted their target price on Baker Hughes from $66.00 to $71.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Finally, Royal Bank Of Canada boosted their price target on Baker Hughes from $68.00 to $71.00 and gave the company an “outperform” rating in a research report on Monday, April 27th. Eighteen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Baker Hughes currently has a consensus rating of “Moderate Buy” and an average target price of $70.00.

Baker Hughes Company Profile

Baker Hughes is an energy technology company that provides a broad portfolio of products, services and digital solutions for the oil and gas and industrial markets. Its offerings span oilfield services and equipment — including drilling, evaluation, completion and production technologies — as well as turbomachinery, compressors and related process equipment used in midstream and downstream operations. The company also supplies aftermarket services, field support and integrated solutions designed to improve asset performance and uptime across the energy value chain.

The firm’s roots trace back to the merger of Baker International and Hughes Tool Company, and more recently it combined with GE’s oil and gas business in 2017 to form Baker Hughes, a GE company (BHGE); subsequent changes in ownership restored Baker Hughes as an independent publicly traded company.