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Barchart
Barchart
Neha Panjwani

Are Wall Street Analysts Predicting Baker Hughes Stock Will Climb or Sink?

BKR

Houston, Texas-based Baker Hughes Company (BKR) provides oilfield products, services, and digital solutions. Valued at $34.17 billion by market cap, BKR is one of the world's largest oilfield service providers offering drilling, well intervention, decommissioning, surface pressure control, onshore composite pipe, reservoir technical, and integrated well services. 

Shares of this leading energy technology company have underperformed the broader market considerably over the past year. BKR has declined 3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 16.4%. In 2024, shares of BKR stock are up 1.2%, while the SPX is up 9.8% on a YTD basis. 

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