Baker Hughes Stock Target Price and Analyst Consensus

BKR Stock  USD 33.00  0.54  1.66%   
The current analyst and expert consensus on Baker Hughes is Strong Buy with 8 buy recommendations. The current projected Baker Hughes target price consensus is 40.67, with 29 analyst opinions. The most common way Baker Hughes analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to Baker Hughes executives, vendors, and/or customers. Baker Hughes buy-or-sell recommendation module provides average expert sentiment on the projected Baker Hughes target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on Baker Hughes to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
37.01
Highest Forecast
45.14
Target Price
40.67
At this time, Baker Hughes' Pretax Profit Margin is relatively stable compared to the past year. As of 04/24/2024, Operating Profit Margin is likely to grow to 0.1, while Gross Profit is likely to drop slightly above 4.4 B. At this time, Baker Hughes' Good Will is relatively stable compared to the past year. As of 04/24/2024, Intangible Assets is likely to grow to about 4.6 B, while Total Current Liabilities is likely to drop slightly above 9.7 B.
  
It's important to approach Baker Hughes' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Baker Hughes price targets

Baker Hughes' stock target price is an estimate of its future price, usually made by analysts. Using Baker Hughes' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Baker Hughes' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Baker Hughes' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Baker Hughes Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Baker Hughes is a key component of Baker Hughes valuation and have some predictive power on the future returns of a Baker Hughes.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baker Hughes' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
31.7633.0034.24
Details
Intrinsic
Valuation
LowRealHigh
30.9132.1533.39
Details
Naive
Forecast
LowNextHigh
31.3432.5833.83
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.300.500.53
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Baker Hughes. Your research has to be compared to or analyzed against Baker Hughes' peers to derive any actionable benefits. When done correctly, Baker Hughes' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Baker Hughes.

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When determining whether Baker Hughes is a strong investment it is important to analyze Baker Hughes' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baker Hughes' future performance. For an informed investment choice regarding Baker Stock, refer to the following important reports:
Check out Macroaxis Advice on Baker Hughes to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Baker Hughes' price analysis, check to measure Baker Hughes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.
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The data published in Baker Hughes' official financial statements usually reflect Baker Hughes' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Baker Hughes. For example, before you start analyzing numbers published by Baker accountants, it's critical to develop an understanding of what Baker Hughes' liquidity, profitability, and earnings quality are in the context of the Energy Equipment & Services space in which it operates.
Please note, the presentation of Baker Hughes' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Baker Hughes' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Baker Hughes' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Baker Hughes Co. Please utilize our Beneish M Score to check the likelihood of Baker Hughes' management manipulating its earnings.