Morgan Stanley keeps USD 70 target for Baker Hughes stock before results

Published on 10/15/2026 at 10:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley kept a USD 70.00 target on October 14, 2026. Baker Hughes stock costs EUR 49.63 on October 15, 2026 at a USD 55.0 billion market value.

Analyst view and reporting dates

Morgan Stanley maintained a USD 70.00 target on October 14, 2026.
Baker Hughes raised fiscal-year 2026 revenue guidance to USD 28.5 billion-USD 30.3 billion on September 9, 2026.
Baker Hughes stock trades at EUR 49.63 at 10:02 a.m. CEST at Lang & Schwarz on October 15, 2026.
Third-quarter results are scheduled for October 27, 2026.

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Baker Hughes Company (ISIN US05722G1004) was given a USD 70.00 price target by Morgan Stanley on October 14, 2026, while its euro quotation stood at EUR 49.63 at Lang & Schwarz on October 15, 2026 at 10:02 a.m. CEST. The analyst action comes before the energy technology company reports third-quarter results on October 27, 2026. The setup puts the Chart Industries integration and order conversion at the center of the next earnings test.

Target stays above the latest US quote

According to Markets Insider, Morgan Stanley analyst Joe Laetsch maintained a Buy rating and the USD 70.00 target on October 14, 2026. Baker Hughes last traded at USD 55.37 on Nasdaq on October 14, 2026 at 4:00 p.m. ET, according to the finance quote timestamp, leaving the target as a separate US-dollar valuation reference rather than a euro price comparison.

The chronology shows how the investment case has shifted. On September 9, 2026, Baker Hughes presented fiscal-year 2026 revenue guidance of USD 28.5 billion to USD 30.3 billion and adjusted EBITDA guidance of USD 4.875 billion to USD 5.475 billion in its updated investor presentation, carried by MarketWatch. On October 5, Baker Hughes signed two Venezuela agreements covering natural gas and energy infrastructure, as stated on the company website. On October 14, Morgan Stanley kept the USD 70.00 target.

What does the USD 70 target mean?

The target places the analyst discussion above the latest Nasdaq quote of USD 55.37, but the next reported figures will decide whether the higher valuation is supported. Baker Hughes reported USD 6.742 billion of revenue in the second quarter of 2026, while its fiscal-year guidance now includes Chart Industries after the July 16 acquisition. MarketWatch reported that the updated plan includes IET revenue of USD 13.150 billion to USD 13.850 billion and Chart revenue of USD 1.850 billion to USD 2.250 billion.

Results and webcast dates

Baker Hughes scheduled the third-quarter release for October 27, 2026 at 5:00 p.m. ET and the earnings webcast for October 28, 2026 at 9:30 a.m. ET. Those are the next two dated company events in the current calendar.

Price and valuation context

Baker Hughes had a USD 55.0 billion market capitalization and a USD 44.22 to USD 70.41 52-week range in the finance quote dated October 14, 2026. The EUR 49.63 Lang & Schwarz quotation therefore provides the German investor view, while the USD figures preserve the original Nasdaq and analyst currency. Baker Hughes was trading at EUR 49.63 at Lang & Schwarz on October 15, 2026 at 10:02 a.m. CEST.

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