BKR
Baker HughesNASDAQEnergyOil & Gas Equipment & ServicesSnapshot 2026-05-08
As of May 8, 2026, BKR has a composite score of 6.7, with a signal label of "mixed" and a medium confidence level of 73.6. The score is influenced by various factors, including a favorable outlook if inflation reverses and if the energy sector trend improves, while unfavorable scenarios include potential guidance cuts and a weakening sector trend. The overall risk is categorized as moderate, with a total risk score of 46.8. This analysis is provisional.
Price
Daily closes from AlphaVantage. Earnings/event dots are placed inline.
Factor signals
Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.
Thesis
— is this a strong company over a 1–3 year hold?Why this rank
- Direction share1.00
- Slope (norm)0.02
- Bonus0.00
Why this rank
Trailing four: 2021-Q3, 2022-Q1, 2022-Q2, 2022-Q3
Why this rank
Watch
— has something changed worth re-reading?Why this setup
EPS estimate $0.59 → $0.47 (-20.1% / 30d). 0 raised, 14 cut, 15 covering analysts.
0 upgrades, 1 downgrade / 30d, 11 maintained. 77% of analysts rate Buy.
10 PT revisions / 30d. Avg target 8.0% above current price.
1 positive, 0 negative / 30d. See F4 management tile for the event list.
F4 · Management deep-dive — recent events, stated priorities, guidance track record
Recent 8-K events
8 material events in the last 24 months — top 5 listed below.
Stated priorities
3 priorityies extracted from earnings transcripts (as of 2026-05-08).
- 1.Expand IET margins to 20%growthmixed65% progressprovisional
1/26: “We anticipate overall organic Adjusted EBITDA growth with IET expanding margins to our 20% target.”
Why this status
Stated in 2 of last 2 quarters. Revenue increased from $6.418B in 2025-Q1 to $7.491B in 2025-Q4. Management's focus on expanding IET margins to 20% is consistent, but specific margin data is not provided, indicating limited visibility into progress.
- 2.Achieve double-digit EPS accretiongrowthwatchprovisional
7/29: “The transaction is expected to be immediately accretive to growth, margins and cash flow, with double-digit EPS accretion.”
Why this status
Newly stated in 2025-Q2. No EPS data provided for 2025-Q4, limiting visibility into progress. Management's expectation of double-digit EPS accretion remains a focus, but financials do not yet confirm delivery.
- 3.Increase full-year ordersgrowthwatchprovisional
10/23: “We now expect full-year orders to exceed our prior midpoint.”
Why this status
Newly stated in 2025-Q3. Revenue grew from $6.418B in 2025-Q1 to $7.491B in 2025-Q4, indicating positive momentum. However, specific order data is not provided, limiting assessment of order growth against expectations.
Guidance track record
Insufficient guidance history for this ticker.
Position context
— how violent might the path be while I hold it?Why this risk level
Recent vol — 30d annualized 37%; 252d 32%.
Drawdown — Max 1y −17%. Bad day move −3%.
Beta to sector ETF (XLE) — 0.11 over 1y.
Liquidity — score 100/100.
Sub-scores — vol 47/100, drawdown 66/100, beta 11/100, earnings vol —.
via XLE
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-05-08.
What changed
The most important moves since the prior daily snapshot.
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-05-08
Management scorecard
How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
- #1
Expand IET margins to 20%
GrowthNew since 2026-05-04Focus on expanding Industrial & Energy Technology (IET) margins to reach 20%.
On track →MixedStated in 2 of last 2 quarters. Revenue increased from $6.418B in 2025-Q1 to $7.491B in 2025-Q4. Management's focus on expanding IET margins to 20% is consistent, but specific margin data is not provided, indicating limited visibility into progress.
65%CEO/CFO:“We anticipate overall organic Adjusted EBITDA growth with IET expanding margins to our 20% target.”Multiple sourcesSource dated 2026-01-26Stated 2 of last 8 quartersFirst seen 2026-05-04provisionalShow history (2)
- 2025-Q4Multiple sources
“We anticipate overall organic Adjusted EBITDA growth with IET expanding margins to our 20% target.”
- 2025-Q3Multiple sources
“We are raising our full-year revenue and EBITDA guidance for IET.”
- #2
Achieve double-digit EPS accretion
GrowthNew since 2026-05-04Target double-digit EPS accretion in the first full year after transaction closure.
WatchNewly stated in 2025-Q2. No EPS data provided for 2025-Q4, limiting visibility into progress. Management's expectation of double-digit EPS accretion remains a focus, but financials do not yet confirm delivery.
No scoreCEO/CFO:“The transaction is expected to be immediately accretive to growth, margins and cash flow, with double-digit EPS accretion.”Multiple sourcesSource dated 2025-07-29Stated 1 of last 8 quartersFirst seen 2026-05-04provisionalShow history (1)
- 2025-Q2Multiple sources
“The transaction is expected to be immediately accretive to growth, margins and cash flow, with double-digit EPS accretion.”
- #3
Increase full-year orders
GrowthNew since 2026-05-04Aim to exceed prior midpoint for full-year orders.
WatchNewly stated in 2025-Q3. Revenue grew from $6.418B in 2025-Q1 to $7.491B in 2025-Q4, indicating positive momentum. However, specific order data is not provided, limiting assessment of order growth against expectations.
No scoreCEO/CFO:“We now expect full-year orders to exceed our prior midpoint.”Multiple sourcesSource dated 2025-10-23Stated 1 of last 8 quartersFirst seen 2026-05-04provisionalShow history (1)
- 2025-Q3Multiple sources
“We now expect full-year orders to exceed our prior midpoint.”
How this stock is priced
Two ways to read price: against peers in the same business, and against the company's own history.
Not enough peers to compare yet.
Self-history needs ~20 months of data.
P/E over the last 5 years
3 monthly pointsHow this compares
A side-by-side read on composite, valuation, and risk versus peers.
| Stock | Composite | Valuation | Risk |
|---|---|---|---|
BKR Baker Hughes | +6.7 | — | moderate |
XOM ExxonMobil | +5.8 | expensive | moderate |
CVX Chevron Corporation | +3.0 | expensive | moderate |
COP ConocoPhillips | +8.0 | expensive | moderate |
WMB Williams Companies | +4.1 | fair | moderate |
Risk — how this stock moves
What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.
What could change this view
Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.
- If inflation state reverses from -0.34 (negative) to +0.34 (positive)+5.4 pts
- If energy sector trend rises from -0.03 into 'improving' (>= +0.20)+5.0 pts
- If next-quarter guidance is raised (currently NEW as of 2026-01-26)+4.0 pts
- If next-quarter guidance is cut (currently NEW as of 2026-01-26)-8.0 pts
- If energy sector trend falls from -0.03 into 'weakening' (<= -0.20)-5.0 pts
Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-04-2315d agoItem 2.02
Results of Operations and Financial Condition. On April 23, 2026, Baker Hughes Company (the "Company") issued a news release announcing its financial results for the quarter ended March 31, 2026, a copy of which is furnished with this Form 8-K as Exhibit 99.1 and incorporated herein by reference. In accordance with General Instructions B.2. of Form 8-K, the information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"…
earnings preannouncementpositivescore 51 - 2026-03-111mo agoItem 1.01
Entry Into a Material Definitive Agreement On March 5, 2026, Baker Hughes Holdings LLC, an indirect, 100% owned subsidiary and the primary operating company of Baker Hughes Company (“BHH LLC”) and Baker Hughes Co-Obligor, Inc., a 100% owned finance subsidiary of BHH LLC (the “Co-Obligor,” and together with BHH LLC, the “Issuers”) entered into an underwriting agreement (the “EUR Underwriting Agreement”) by and among the Issuers, Baker Hughes Company (“BHC”) and Goldman Sachs & Co. LLC, Morgan…
capital allocationneutralscore 17 - 2026-03-111mo agoItem 2.03
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information contained in
capital allocationnegativescore 14 - 2026-03-111mo agoItem 8.01
Other Events Effective March 11, 2025, Baker Hughes Company terminated approximately $11.0 billion in commitments under the previously disclosed commitment letter for a bridge facility to fund the pending acquisition of Chart. On March 5, 2026, Baker Hughes Company issued a press release announcing the pricing of the Notes. A copy of the press release is attached hereto as Exhibit 99.1. On March 11, 2026, Baker Hughes Company issued a press release announcing the closing of the Notes offering…
capital allocationneutralscore 14 - 2026-03-022mo agoItem 8.01
Other Events. As previously reported, on July 28, 2025, Baker Hughes Company, a Delaware corporation (“Baker Hughes”), Tango Merger Sub, Inc., a Delaware corporation and an indirect wholly owned subsidiary of Baker Hughes (“Merger Sub”), and Chart Industries, Inc., a Delaware corporation (“Chart”) entered into an Agreement and Plan of Merger, as may be amended from time to time, pursuant to which Baker Hughes will acquire Chart through a merger of Merger Sub with and into Chart (the “Merger”)…
mna activitypositivescore 11
Score history
The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.