Key Highlights

● BKR closed at $56.70 on 9 October 2026, and the $71.41 consensus target implies upside of about 25.9%.

● The consensus draws on 22 analysts, with targets from $45 to $85, while the second data set shows a $72.04 mean from 25 analysts.

● Market data shows 19 Buy ratings and three Hold with no Sell, a Moderate Buy consensus.

● UBS cut its target to $69 from $72 on 30 September, and Jefferies and TD Cowen trimmed targets on 29 September.

Baker Hughes Company (NASDAQ:BKR) is a constituent of both the S&P 500 and the Nasdaq-100. Its shares closed at $56.70 on Friday 9 October 2026, and the analyst consensus target sits roughly a quarter above that level.

What Is the Latest Analyst Price Target?

Market data reports a consensus price target of $71.41 from 22 analysts over the past 12 months, with a high of $85.00 and a low of $45.00. Against the $56.70 close, the consensus target suggests upside of about 25.9%. The second data set shows a mean of $72.04 and a median of $73.50, with a high of $85 and a low of $51 across 25 analysts. Its page showed a price of $57.38 from 5 October, with targets last updated on 2 October, so its upside figure is based on an older price.

The two data sets are close, and both are consistent with the recent named broker targets, which cluster between $69 and $77.

What Are Wall Street Analysts Saying?

Market data shows 19 Buy ratings (2 Strong Buy and 17 Buy), 3 Hold and no Sell, a Moderate Buy consensus. The second data set lists 14 Strong Buy, 5 Buy, 4 Hold and 1 Strong Sell for September, with a Buy consensus.

Named broker actions on market data over roughly the past three months include several recent trims. UBS lowered its target from $72 to $69 on 30 September 2026 with a Neutral rating. Jefferies cut from $80 to $77 and TD Cowen from $78 to $76 on 29 September, both keeping Buy ratings, and Goldman Sachs reiterated Buy with a $71 target the same day. Earlier, Susquehanna raised its target from $72 to $75 on 10 September, RBC raised from $71 to $76 on 25 August, and Morgan Stanley initiated coverage with an Overweight rating and a $70 target on 7 August.

What Could Help the Stock Reach the Price Target?

The consensus target suggests analysts see room for the shares to rise from current levels. Recent targets from Jefferies, TD Cowen, Susquehanna and RBC are at $75 to $77, above the consensus. Market data refers to quarterly earnings per share of $0.64 against a $0.51 consensus and revenue of $6.74 billion against a $6.54 billion forecast. If the company's own results confirm that kind of outcome, brokers may have grounds to maintain their targets.

What Could Prevent the Stock Reaching the Target?

Three of the last four target changes from named brokers were reductions, which suggests forecasts are being trimmed. The shares would need to rise by roughly a quarter to reach the consensus, and the gap between the $45 low and $85 high shows wide disagreement. UBS, with a Neutral rating, and Barclays, with an Equal Weight rating and a $72 target, are among the more cautious voices.

What Should Investors Watch Next?

Meanwhile, items to watch include for further broker target changes after the late-September cuts.

Baker Hughes Pairs a Strong Buy Count With Three Trims in Two Days

Baker Hughes closed at $56.70 on 9 October 2026, with the $71.41 consensus target about 25.9% higher and the second data set's $72.04 mean close behind, and recent named targets cluster between $69 and $77. Ratings are strongly positive, with 19 Buy ratings and no Sell, but three of the last four named target changes were reductions, from UBS, Jefferies and TD Cowen, and the gap between the $45 low and $85 high shows wide disagreement. Market data cites quarterly earnings per share of $0.64 against a $0.51 consensus and revenue of $6.74 billion against a $6.54 billion forecast.