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Goldman keeps Buy rating for Baker Hughes stock at USD 71.00

· By PetrFlux Newsroom · Source: BN-BakerHughes
Image: original source (BN-BakerHughes), used for reference with attribution.

Goldman Sachs analyst Neil Mehta reiterated a Buy rating for Baker Hughes Company stock and set a USD 71.00 price target on October 9, 2026, according to The Globe and Mail.

Sie befinden sich hier: Startseite > Börse > Corporate News > Goldman keeps Buy rating for Baker Hughes stock at ...

, US05722G1004 Goldman keeps Buy rating for Baker Hughes stock at USD 71.00 Published on 10/14/2026 at 12:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS Baker Hughes signed two Venezuela agreements on October 5, 2026.

Baker Hughes stock costs EUR 50.60 on October 14, 2026.

Aluminiummaterial ISIN US05722G1004 in extremer Makroaufnahme: gebürstete Metalloberfläche im Detail, Illustration mit AI erstellt.

Goldman Sachs analyst Neil Mehta reiterated a Buy rating for Baker Hughes Company stock and set a USD 71.00 price target on October 9, 2026, according to The Globe and Mail .

Baker Hughes stock was trading at EUR 50.60 at Lang & Schwarz on October 14, 2026 at 12:30 p.m.

On October 5, 2026, Baker Hughes signed two strategic agreements covering Venezuela's natural gas and energy infrastructure, as reported in the company's Baker Hughes release.

One alliance involves PDVSA, Lindsayca and Fulcrum LNG, while a separate memorandum of understanding involves New Stratus Energy.

The company said the framework could connect upstream development, midstream infrastructure, gas monetization and liquefied natural gas commercialization.

The release also identified an installed base of more than 1,200 oil production systems and approximately 240 turbomachinery units across 23 sites in Venezuela.

The latest reported quarter gives the upcoming results a clear benchmark.

Baker Hughes reported USD 6.74 billion in revenue for the second quarter of 2026 and USD 0.64 in earnings per share, compared with consensus estimates of USD 6.54 billion and USD 0.51, respectively, according to MarketBeat on October 13, 2026.

The revenue comparison was USD 0.20 billion above consensus, while earnings per share exceeded the estimate by USD 0.13.

The company has also scheduled its third-quarter release for October 27, 2026 at 5:00 p.m.

Eastern Time, followed by a webcast on October 28, 2026 at 9:30 a.m.

Eastern Time, according to Baker Hughes .

Baker Hughes stock's current euro quote stands against a USD 44.22 to USD 70.41 52-week range for the Nasdaq-listed shares as of October 13, 2026.

The structured quote places the company's market capitalization at USD 56.0 billion on that date.

For investors, the next earnings release will test whether the second-quarter revenue and earnings-per-share outperformance can continue while the Venezuela agreements move through approvals and sanctions requirements.

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

Sie befinden sich hier: Startseite > Börse > Corporate News > Goldman keeps Buy rating for Baker Hughes stock at ...

, US05722G1004 Goldman keeps Buy rating for Baker Hughes stock at USD 71.00 Published on 10/14/2026 at 12:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS Baker Hughes signed two Venezuela agreements on October 5, 2026.

Baker Hughes stock costs EUR 50.60 on October 14, 2026.

Aluminiummaterial ISIN US05722G1004 in extremer Makroaufnahme: gebürstete Metalloberfläche im Detail, Illustration mit AI erstellt.

Goldman Sachs analyst Neil Mehta reiterated a Buy rating for Baker Hughes Company stock and set a USD 71.00 price target on October 9, 2026, according to The Globe and Mail .

Baker Hughes stock was trading at EUR 50.60 at Lang & Schwarz on October 14, 2026 at 12:30 p.m.

On October 5, 2026, Baker Hughes signed two strategic agreements covering Venezuela's natural gas and energy infrastructure, as reported in the company's Baker Hughes release.

One alliance involves PDVSA, Lindsayca and Fulcrum LNG, while a separate memorandum of understanding involves New Stratus Energy.

Original source: BN-BakerHughes — PetrFlux publishes verified summaries only, and always links back to the original report. See our editorial policy.

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