Baker Hughes Company (BKR) Receives a Buy from Argus Research
Argus Research analyst maintained a Buy rating on Baker Hughes Company on April 30 and set a price target of $79.00. The company’s shares closed last Friday at $69.67.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Baker Hughes Company with a $74.86 average price target, implying a 7.45% upside from current levels. In a report released today, Bank of America Securities also reiterated a Buy rating on the stock with a $80.00 price target.
Based on Baker Hughes Company’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.59 billion and a net profit of $930 million. In comparison, last year the company earned a revenue of $6.43 billion and had a net profit of $402 million
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BKR in relation to earlier this year. Most recently, in February 2026, William Beattie, a Director at BKR sold 18,023.00 shares for a total of $1,032,537.67.
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