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BKR

Baker Hughes Co

NASDAQ: BKR · ENERGY · OIL & GAS EQUIPMENT & SERVICES

$68.81
+1.68% today

Updated 2026-04-29

Market cap
$68.37B
P/E ratio
22.03
P/S ratio
2.45x
EPS (TTM)
$3.13
Dividend yield
1.43%
52W range
$34 – $70
Volume
9.6M

Baker Hughes Co (BKR) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$68.81
Consensus
$58.07
-15.61%
2030 Target
$458.89
+566.89%
DCF
$46.47
-31.81% MoS
16 analysts:
8 Buy2 Hold2 Sell

Management guidance

No specific CEO revenue targets found in provided data. Latest analyst consensus projects FY2026 revenue of $28.25B (+1.88% growth) and FY2027 revenue of $30.03B (+6.30% growth). Management has not issued explicit multi-year revenue guidance through 2030.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$766.83
$38.1B Rev × 20x P/S
Base case (2030)
$458.89
$38.1B Rev × 12x P/S
Bear case (2030)
$307.94
$38.1B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$25.5B$27.8B$27.7B$28.3B$30.0B$32.5B$35.3B$38.1B
Revenue growth9.1%-0.3%1.9%6.3%8.3%8.4%8.2%
EPS$1.60$2.37$2.60$2.67$3.05$3.35$3.68$4.03
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$344.17$362.28$392.47$428.70$458.89

Catalysts & risks

Growth catalysts
+ Rising oil prices and increased rig activity driving demand for drilling equipment and services
+ Strategic partnerships and AI-enabled solutions (Google Cloud, data center power generation contracts)
+ Chart Industries acquisition for LNG technology diversification and higher-margin offerings
+ Geothermal energy expansion (XGS partnership) as energy transition accelerates
+ Venezuela re-entry opportunity as U.S. sanctions ease, expanding international upstream activity
Key risks
- Oil price volatility directly impacts customer capex spending and equipment orders
- Macro slowdown in drilling activity if energy prices weaken significantly
- Integration execution risk on large Chart Industries acquisition ($10B debt issuance in Mar 2026)
- Competitive pressure from larger peers (SLB, HAL) with broader geographic reach
- Regulatory and geopolitical risks in MENA operations (concentrated customer base exposure)

Methodology

Baker Hughes Co's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 16 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.