Baker Hughes (BKR) Projected to Release Earnings on Sunday

Baker Hughes (NASDAQ:BKR) is expected to release its Q2 2026 results after the market closes on Sunday, July 26th. Analysts expect Baker Hughes to post earnings of $0.4927 per share and revenue of $6.5077 billion for the quarter. Parties may visit the 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 quarterly earnings data on Thursday, April 23rd. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.09. The company had revenue of $6.59 billion for 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 was up 2.5% compared to the same quarter last year. During the same period last year, the company earned $0.51 earnings per share. 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 Performance

Shares of BKR stock opened at $57.25 on Friday. Baker Hughes has a 12 month low of $41.96 and a 12 month high of $70.41. The company’s fifty day simple moving average is $60.00 and its 200-day simple moving average is $59.89. The firm has a market cap of $56.80 billion, a PE ratio of 18.29, a P/E/G ratio of 2.33 and a beta of 0.96. 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 Transactions at Baker Hughes

In other news, CAO Rebecca L. Charlton sold 5,088 shares of the business’s stock in a transaction that occurred on 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 owned 15,997 shares in the company, valued at $1,027,327.34. The trade was a 24.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, 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 company’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $58.43, for a total value of $10,599,844.73. Following the completion of the transaction, the chief executive officer directly owned 703,444 shares in the company, 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. In the last quarter, insiders sold 367,910 shares of company stock worth $22,420,797. 0.19% of the stock is owned by company insiders.

Institutional Trading of Baker Hughes

Hedge funds have recently added to or reduced their stakes in the company. EFG International AG acquired a new position in Baker Hughes in the 4th quarter valued at $26,000. Quarry LP acquired a new stake in shares of Baker Hughes during the fourth quarter worth $31,000. Acumen Wealth Advisors LLC bought a new stake in shares of Baker Hughes in the fourth quarter valued at about $35,000. Golden State Wealth Management LLC boosted its position 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 acquiring an additional 700 shares during the period. Finally, Aster Capital Management DIFC Ltd acquired a new position in shares of Baker Hughes in the fourth quarter valued at about $60,000. 92.06% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have commented on BKR. Zacks Research raised shares of Baker Hughes from a “strong sell” rating to a “hold” rating in a research report on Monday, June 15th. BMO Capital Markets lifted their target price on Baker Hughes from $70.00 to $80.00 and gave the company an “outperform” rating in a research report on Monday, April 27th. Piper Sandler dropped their target price on Baker Hughes from $72.00 to $71.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Evercore reissued an “outperform” rating and set a $76.00 price target on shares of Baker Hughes in a research report on Monday, April 27th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Baker Hughes in a research note on Thursday, July 9th. Eighteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Baker Hughes currently has an average rating of “Moderate Buy” and an average target price of $70.00.

About Baker Hughes

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.