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Barchart
Sohini Mondal

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

With a market cap of $61.2 billion, Baker Hughes Company (BKR) is a global energy technology firm that provides a broad portfolio of products and services across the oil, gas, and industrial value chains. Operating through its Oilfield Services & Equipment and Industrial & Energy Technology segments, the company supports customers from upstream to downstream with advanced equipment, digital solutions, and lifecycle services.

Shares of the Houston, Texas-based company have outperformed the broader market over the past 52 weeks. BKR stock has increased 43.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 21.9%. Moreover, shares of the company are up 37.3% on a YTD basis, compared to SPX's nearly 13% gain.

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