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Cactus to Acquire Baker Hughes Surface Business

Tipranks - Tipranks - Tue Nov 11, 2025

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Cactus ( (WHD) ) has shared an update.

Cactus, Inc. recently completed the acquisition of the FlexSteel business through a merger with HighRidge Resources, Inc. on February 28, 2023, and is set to acquire Baker Hughes Company’s surface pressure control business. These strategic moves aim to strengthen Cactus’s market position and expand its product offerings, potentially impacting its financial performance and stakeholder interests.

The most recent analyst rating on (WHD) stock is a Buy with a $50.00 price target. To see the full list of analyst forecasts on Cactus stock, see the WHD Stock Forecast page.

Spark’s Take on WHD Stock

According to Spark, TipRanks’ AI Analyst, WHD is a Outperform.

Cactus demonstrates strong financial health with a solid balance sheet and profitability, which are the most significant factors supporting its score. The technical analysis and valuation suggest a fair market position, though mixed signals in market momentum and valuation metrics warrant caution. The earnings call highlights resilience in international markets but also underscores challenges with tariffs and revenue declines.

To see Spark’s full report on WHD stock, click here.

More about Cactus

Cactus, Inc. operates in the oil and gas industry, providing engineered products designed to enhance drilling, completion, and production efficiencies while ensuring safety. Their offerings include wellhead systems, production trees, spoolable pipe, frac stacks, and completion equipment, with a focus on service, installation, and maintenance for onshore markets.

Average Trading Volume: 731,259

Technical Sentiment Signal: Sell

Current Market Cap: $3.42B

See more data about WHD stock on TipRanks’ Stock Analysis page.

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