Baker Hughes stock gains as updated 2026 guidance targets up to $30.3 billion revenue
Published on 09/09/2026 at 14:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBaker Hughes Company (ISIN US0567521085) stock is trading higher after the energy technology group updated its fiscal 2026 guidance on September 9, 2026, projecting revenue between USD 28.5 billion and USD 30.3 billion with a midpoint of USD 29.4 billion and adjusted EBITDA between USD 4.875 billion and USD 5.475 billion with a midpoint of USD 5.175 billion, according to dpa-AFX via TradingView.
Guidance for fiscal 2026 points to stronger profitability
According to dpa-AFX via TradingView on September 9, 2026, Baker Hughes expects fiscal year 2026 revenue between USD 28.5 billion and USD 30.3 billion, implying a midpoint of USD 29.4 billion.
For the same period, the company sees adjusted EBITDA in a range of USD 4.875 billion to USD 5.475 billion with a midpoint of USD 5.175 billion, which implies an adjusted EBITDA margin of roughly 17.6 percent at the midpoint when compared with the revenue midpoint of USD 29.4 billion, highlighting an ambition to maintain solid profitability in its energy technology portfolio, as detailed by dpa-AFX via TradingView.
LNG projects and hydrogen demand shape the outlook
The updated fiscal 2026 outlook reflects the timing of liquefied natural gas projects, order conversion dynamics, softer hydrogen demand and margin impact from first-of-a-kind projects, according to dpa-AFX via TradingView on September 9, 2026.
In addition, the guidance assumes free cash flow conversion of 40 percent to 45 percent for fiscal year 2026, which indicates that Baker Hughes aims to turn a substantial portion of its adjusted EBITDA into cash even after accounting for acquisition-related interest, transaction and integration costs, as outlined by dpa-AFX via TradingView.
Stock trades near upper end of 52-week range
As of September 8, 2026, Baker Hughes stock on the Nasdaq traded at USD 64.28 in pre-market hours, up 0.56 percent, according to dpa-AFX via TradingView.
Per Nasdaq price data compiled by MarketBeat, Baker Hughes shares recently traded in a 52-week range from USD 43.92 to USD 70.41, and at a price of about USD 63.94 the stock stands roughly USD 19.98 above the 52-week low and USD 6.47 below the 52-week high as of September 8, 2026.
According to MarketBeat, Baker Hughes carried a market capitalization of USD 63.81 billion as of September 8, 2026, based on approximately 992.7 million outstanding shares and a trailing price-to-earnings ratio of 20.73 anchored in trailing twelve-month earnings per share of USD 3.10.
Analyst consensus points to upside from current levels
According to analyst data summarized by MarketBeat on September 8, 2026, Baker Hughes holds a consensus rating of Moderate Buy based on 17 Buy ratings and 4 Hold ratings, with no Sell ratings among the 21 analysts covering the stock.
The same overview from MarketBeat shows a consensus price target of USD 70.67 for Baker Hughes, representing about 10.5 percent upside from a recent price of USD 63.94 as of September 8, 2026, with individual targets spanning from USD 45.00 at the low end to USD 85.00 at the high end.
Stock price context and investor takeaway
For investors, the combination of a fiscal 2026 revenue midpoint of USD 29.4 billion, an adjusted EBITDA midpoint of USD 5.175 billion and targeted free cash flow conversion of 40 percent to 45 percent signals that Baker Hughes is positioning itself to benefit from LNG project execution and energy-transition-related demand while acknowledging softer hydrogen demand and margin headwinds from first-of-a-kind projects, as specified by dpa-AFX via TradingView.
Baker Hughes stock at a glance
- Company: Baker Hughes Company
- ISIN: US0567521085
- Ticker: BKR
- Trading venue: Nasdaq
- Price (as of September 8, 2026, 02:32 PM): 64.28 USD
- Market capitalization: 63.81 billion USD (as of September 8, 2026)
- Sector / Industry: Energy Equipment and Services
- Index membership: S&P 500
