Baker Hughes
About: Following a 2022 reorganization, Baker Hughes operates in two segments: oilfield services and equipment, and industrial and energy technology. The firm's oilfield services and equipment segment is one of the Big Three oilfield-services players, along with SLB and Halliburton, and mostly supplies to hydrocarbon developers and producers, including national oil companies, major integrated firms, and independents. Markets outside of North America buy roughly three-fourths of the segment's offerings. Baker Hughes' industrial and energy technology segment manufactures and sells turbines, compressors, pumps, valves, and related testing and monitoring services for various energy and industrial applications.
Employees: 57,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 156 | Existing positions closed: 78
41% more repeat investments, than reductions
Existing positions increased: 388 | Existing positions reduced: 276
13% more funds holding in top 10
Funds holding in top 10: 8 [Q4 2024] → 9 (+1) [Q1 2025]
8% more capital invested
Capital invested by funds: $37.8B [Q4 2024] → $40.8B (+$3B) [Q1 2025]
7% more funds holding
Funds holding: 876 [Q4 2024] → 937 (+61) [Q1 2025]
0.83% more ownership
Funds ownership: 92.97% [Q4 2024] → 93.8% (+0.83%) [Q1 2025]
11% less call options, than puts
Call options by funds: $203M | Put options by funds: $229M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Morgan Stanley Connor Lynagh | 20%upside $55 | Overweight Maintained | 29 Jul 2025 |
UBS Josh Silverstein | 6%downside $43 | Neutral Maintained | 24 Jul 2025 |
Susquehanna Charles Minervino | 14%upside $52 | Positive Maintained | 24 Jul 2025 |
Barclays David Anderson | 16%upside $53 | Overweight Maintained | 24 Jul 2025 |
Stifel Stephen Gengaro | 7%upside $49 | Buy Maintained | 16 Jul 2025 |
Financial journalist opinion
Based on 27 articles about BKR published over the past 30 days









