Baker Hughes stock costs EUR 49.87 with a USD 72 Citi target

Published on 10/20/2026 at 10:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Baker Hughes reported USD 6.74 billion revenue in Q2 2026. Baker Hughes stock costs EUR 49.87 on October 20, 2026 before October 27 results.

Investor calendar and valuation

Citi lowered its Baker Hughes target to USD 72 on October 19, 2026.
Baker Hughes will report third-quarter results on October 27, 2026.
Baker Hughes stock trades at EUR 49.87 at 10:39 a.m. CEST at Lang & Schwarz on October 20, 2026.
Baker Hughes had a USD 55.4 billion market capitalization as of October 19, 2026.

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Baker Hughes Co. (ISIN US05722G1004) was trading at EUR 49.87 at Lang & Schwarz on October 20, 2026 at 10:39 a.m. CEST. Markets Insider reported on October 19, 2026 that Citi lowered its Baker Hughes target from USD 75 to USD 72 while retaining a Buy rating.

Citi flags a lower estimate

The target reduction came with a specific risk factor. Citi cut its fourth-quarter estimates for oil and gas equipment services because of Saudi Arabia risk, while the scale and duration of related suspensions remained uncertain, according to the October 19 report.

What does the next report test?

Baker Hughes reported USD 6.74 billion in revenue and USD 0.68 GAAP diluted earnings per share for the second quarter of 2026. Revenue was above the USD 6.54 billion consensus cited by MarketBeat, and the company is scheduled to report its third-quarter 2026 results on October 27, 2026.

Three dated developments

On October 5, 2026, Baker Hughes signed two agreements covering natural gas and energy infrastructure in Venezuela, according to the company website. On October 15, 2026, GlobeNewswire said Baker Hughes joined a framework covering turbines, equipment and services for up to 16 power island units, with deliveries scheduled from 2028 through 2034. On October 19, 2026, Citi lowered its target from USD 75 to USD 72.

Reporting dates are set

MarketScreener states that the third-quarter results release is scheduled for October 27, 2026, followed by the webcast on October 28, 2026.

Stock value and next step

Baker Hughes had a USD 55.4 billion market capitalization as of October 19, 2026. Its primary listing is Nasdaq, and the USD 44.26 to USD 70.41 52-week range places the latest US quote below the yearly high. The company operates in oil and gas equipment and services as well as industrial energy technology.

The stock was trading at EUR 49.87 at Lang & Schwarz on October 20, 2026 at 10:39 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Baker Hughes stock.