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Baker Hughes Co (BKR) faced a notable decline in its stock price today, reflecting investor concerns amidst a challenging market environment.
Baker Hughes Co (NASDAQ:BKR) is experiencing a downturn, with its stock price falling by 1.60% to close at CA$56.91. This decline comes despite the company's recent contract wins and ongoing projects in the energy sector.
Baker Hughes Co
BKR.US
BKR.US
Baker Hughes Co
WealthAwesomeMarket cap
$49.52B
P/E
18.1x
Div. yield
1.74%
Div. / share
$0.92
52W high
$69.92
52W low
$43.79
1W change
-8.76%
Beta
1.06
Analyst Price Targets
Based on 25 analysts covering BKR · as of Nov 5, 2026
Wall Street analysts forecast BKR stock price to rise 40.6% over the next 12 months.
Consensus
Buy4.32 / 5.00
Avg. Target
C$70.13
+40.6% Upside
Previously C$70.04 on Nov 3, 2026
Current Price
C$49.87
Last close
Analyst Breakdown (25 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BKR's historical volatility
30-Day Vol
42.8%
Annualized
90-Day Vol
36.0%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$41.71
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$46.99 | C$40.54 – C$54.46 |
| 60 trading days | C$44.27 | C$35.93 – C$54.55 |
| 90 trading days | C$41.71 | C$32.30 – C$53.87 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: Investors should be cautious as Baker Hughes faces headwinds that may impact future performance, despite its strategic contracts.
Baker Hughes stock drops 1.60%
The stock's performance reflects broader market challenges and investor sentiment, which could hinder growth prospects.
Bull case
Baker Hughes has recently secured several significant contracts, showing strong demand for its services. This positions the company well for potential growth in the energy sector.
Bear case
The recent decline in stock price raises concerns about investor confidence and market conditions, which may limit Baker Hughes' ability to take full advantage of its recent contracts.
Market Performance Overview
Baker Hughes Co's stock closed at CA$56.91, down 1.60% from the previous day. The stock opened at CA$57.34 and reached an intraday high of CA$58.04 before declining. The intraday trading volume was approximately 3.77 million shares, indicating active trading amid the downturn.
Recent Developments
Despite the stock's decline, Baker Hughes has secured several significant contracts in the energy sector, including partnerships with Venture Global and bp. These contracts highlight the company's ongoing expansion and strategic initiatives. However, the market's reaction suggests that investors are weighing these developments against broader economic uncertainties.
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