Baker Hughes Company (BKR) earnings on July 26, 2026
More Baker Hughes Company earnings
Prior outlook: Pessimistic Outcome: Missed
The stock jumped as much as 9.47% during the day before settling at a 5.83% gain. This surprised investors who were expecting the stock to drop.
BKR price around the earnings
60.59
Change: +5.8%
2026-07-27, 20:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- End of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Missed
- Thesis published
- Results released
Negative sentiment outweighs strong company numbers
Experts are pessimistic because the stock has been falling and underperforming the market, even though the company has a strong earnings record and analyst price targets cite a 25% upside. Negative crowd sentiment and recent analyst price target cuts are the main concerns.
Context analyzed before publication
- Summary
- Negative sentiment outweighs strong company numbers
- Playbook
- The stock has dropped over 4% in the past month and is lagging the tech sector. Despite strong earnings beats and an approved acquisition, the market is focused on the negative price trend and analyst downgrades.
- Trend
- Expert opinion turned more negative over the week
Analysts
Drivers
-
Analysts
Positive
The average analyst price target of $70 is about 25% above the current price, and the consensus rating is 'Buy'.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.74
- Analysts covering the stock
- 22
- Average price target
- 70.32
- Lowest price target
- 48
- Highest price target
- 85
- Upside to price target
- 25.4%
- Quarterly earnings growth
- 131.3%
- Revenue growth
- 2.5%
- Forward EPS
- 2.85
- Trailing EPS
- 3.1
- Analyst moves in the last 60 days
- 6
- Strong buy: 3
- Buy: 14
- Hold: 5
- Sell: 1
- Strong sell: 0
- Strong buy
- 3
- Buy
- 14
- Hold
- 5
- Sell
- 1
- Strong sell
- 0
- July 16, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- July 14, 2026 · Piper Sandler: Maintains rating (Overweight → Overweight)
- July 8, 2026 · Citigroup: Maintains rating (Buy → Buy)
- July 8, 2026 · Susquehanna: Maintains rating (Positive → Positive)
- July 2, 2026 · TD Cowen: Maintains rating (Buy → Buy)
- June 3, 2026 · Citigroup: Maintains rating (Buy → Buy)
News and sentiment
Drivers
-
News & sentiment
Neutral
EU approval of an acquisition is positive, but recent analyst price target cuts are negative.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (10)
- Barclays Maintains Equal-Weight on Baker Hughes, Lowers Price Target to $72 (opens in a new tab) — Benzinga
- Piper Sandler Maintains Overweight on Baker Hughes, Lowers Price Target to $71 (opens in a new tab) — Benzinga
- European Commission Approves Baker Hughes' Acquisition Of Chart Industries, Subject To Conditions (opens in a new tab) — Benzinga
- Baker Hughes Secures Three Awards For Cheniere’s Sabine Pass LNG, Including Train 7 Liquefaction Equipment (opens in a new tab) — Benzinga
- Kodiak Gas Powers Multi-Year Turbine Push with Baker Hughes (opens in a new tab) — Benzinga
- Citigroup Maintains Buy on Baker Hughes, Raises Price Target to $75 (opens in a new tab) — Benzinga
- Susquehanna Maintains Positive on Baker Hughes, Lowers Price Target to $70 (opens in a new tab) — Benzinga
- Kodiak Gas Services Enters Multi-Year Agreement With Baker Hughes For Power Generation Solutions In Support Of KGS's Energy Infrastructure Initiatives (opens in a new tab) — Benzinga
- Baker Hughes Partners With ONGC To Deploy Advanced Wireline Solutions Across Onshore And Offshore Fields (opens in a new tab) — Benzinga
- TD Cowen Maintains Buy on Baker Hughes, Raises Price Target to $77 (opens in a new tab) — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock fell 4.5% in the past month and underperformed the tech index by 1.4%, showing weakness.
Evidence
- Average true range (ATR)
- 2.9%
- Distance to 52-week high
- -19.2%
- 14-day change (14d)
- -1.9%
- 30-day change (30d)
- -4.5%
- 30-day relative strength
- -1.4%
- QQQ change (30d)
- -3.0%
- Nearest support
- 56.03
- Nearest resistance
- 56.56
- Volume accumulation ratio (14d / 46d)
- 1.5
Trends
Evidence
- Average earnings surprise
- +14.4%
- April 23, 2026: actual EPS 0.58 vs estimate 0.49 (surprise +17.9%)
- January 25, 2026: actual EPS 0.78 vs estimate 0.67 (surprise +16.7%)
- October 23, 2025: actual EPS 0.68 vs estimate 0.62 (surprise +9.3%)
- July 22, 2025: actual EPS 0.63 vs estimate 0.55 (surprise +13.6%)
Expected move
Drivers
-
Past earnings
Positive
The company has beaten earnings estimates every quarter, with an average surprise of 14.4%, showing strong operational performance.
- Implied move
- +3.1%
- Source
- Options chain
Reactions over its last 19 earnings
- Median move
- 3.9%
- 75th percentile move
- 5.9%
- 90th percentile move
- 7.2%
- Up / down moves
- 11 / 8
- Average up move
- +4.5%
- Average down move
- -4.3%
Monitoring and close
What Baker Hughes Company reported
- Status
- Pending
| Actual EPS | 0.64 |
|---|---|
| EPS estimate | 0.5 |
| EPS surprise | +28.0% |
| Revenue | $6,742 million |
| Revenue estimate | $6,523 million |
| Revenue surprise | +3.4% |
Sources (2)
- Baker Hughes reported adjusted earnings of $0.64 per share, beating the $0.50 estimate, and revenue of $6.742B above the $6.523B expected. — Benzinga
- Reported Sunday, Baker Hughes Q2 Adj. EPS $0.64 Beats $0.50 Estimate, Sales $6.742B Beat $6.523B Estimate (opens in a new tab) — Benzinga
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- +5.8%
- Max favorable move (MFE)
- 0.7%
- Max adverse move (MAE)
- 9.5%