BKR Baker Hughes Company

Stock NASDAQ Energy

US$56.33 -0.69% Latest close

Baker Hughes Company (BKR) trend channel, buy level and 3-month target on Trade The Path. Sector: Energy. Listed on NASDAQ. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.

Mid-channel

Price is between the two trend lines. Nothing to act on yet.

Read from the last 9 months of history we hold: rising, drifting +19% a year. The target of US$63.00 is below the nearest ceiling (US$64.45), so it does not depend on a breakout. What would overturn this: a close below US$46.72 β€” the floor of the channel being read β€” after which the trend, not the entry, is what was wrong.

9 months read from
US$46.72 – US$64.45 Rising channel, +19% a year
Position in that channel
54% 0% at the floor, 100% at the ceiling

What broke this trend

The fall
-24% from US$69.1930 Apr 2026 β†’ 2 July 2026
Whose problem it was
This company1 of 3 Oil & Gas Equipment & Services peers fell with it
Does it resolve?
Temporary falls like it have resolved on the record
Regained so far
18%of what it lost
What the record says
95% of 17 comparable falls came back, typically in 53 days measured on its own peer group

The trend broke in April 2026: price fell 24% from 69.19 to 52.59 by July 2026, and has regained 18% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. The wire that week: β€œStrait Of Hormuz May Stay Shut Until Second Half Of 2026 Amid Middle East, Baker Hughes CFO Says”. Falls like it have resolved: falls of about 24% here have come back to the old high 95% of the time (17 comparable falls), typically in 53 days. On that record the fall is treated as temporary, and the trend lines are fitted to the regime it created rather than through it. Priced from that: 69.92 within 365 days, reached 95% of the time in 17 comparable falls β€” about 0.07% a day held.

Reported at the time: Strait Of Hormuz May Stay Shut Until Second Half Of 2026 Amid Middle East, Baker Hughes CFO Says β€” 25 Apr 2026

Price history, with the path projected 3 months forward

US$40.0US$60.0Oct 23Mar 24Aug 24Jan 25June 25Nov 25Apr 26Sept 26 today Buy nowTarget Buy now US$55.6 Β· est. 16 Sept 26Our target US$63.0 Β· est. 29 Sept 26
  • Daily close
  • Upper trend line (9 months)
  • Lower trend line (9 months)
  • Dashed after today: projected 3 months
  • Our buy
  • Our target

Suggested path

Buy now

US$56.33

last close Β· 16 Sept 2026

Channel buy is US$58.34; last close is the better price available now.

Our target

US$63.00

by 29 Sept 2026

Projected move

11.9%

gross, before costs

Last close is our buy β€” the best price available now.

The lines are drawn where this stock has actually turned: 3 touches on the ceiling, 2 on the floor, each fitted to the slope that catches the most of them. Buying one average daily range below its 50-day mean, on heavier volume than usual and while it is still above its 200-day mean, has come up 791 times; measured against the 6% floor β€” the least a call has to be worth to be worth making, not what it aims at β€” 73% cleared it, typically in 34 days, with price going about 5% against the entry along the way (63% in the worst case we have on record). Trades that have not reached the target within 3 months are counted as misses, whatever they are worth at the time. The prices above are this stock’s own β€” its average, its volatility β€” but the setup is the same one we apply everywhere: derived on eight unrelated tickers, then confirmed on 87 others it was never fitted to. We deliberately do not tune it to each stock: doing so scores worse on history the tuning never saw β€” 58% against 71% β€” because it fits the past rather than the future. On this stock the setup has come up 10 times so far, reaching target 70% of the time. The sell price comes from where this stock is projected to be, not from a minimum worth taking: the fitted path reaches 8% above the entry within 90 days, and of the sizes that path supports, 8% is the one that has returned the most per day of money tied up here β€” measured over the 12 times this entry has come up on this chart, reached 67% of the time, typically in 13 days. Smaller sizes got there sooner but paid less for the weeks they used; larger ones need a break above the projected ceiling, which is not the base case. The date published is whichever is later: that typical time, or the day the projected path itself reaches the price. It is a prediction, so it can be revised: if the run tops out before it gets there, the target is cut to what is actually on the table and you are told the same day. An ordinary pullback is not treated as topping out β€” those go on to make a new high about 8 times in 10, so they are ridden through. What triggers the revision is price closing below its 50-day trend and staying there, after which the odds of recovery fall to roughly 3 in 10.

Upper line touches
3
Lower line touches
2
Fit confidence
78%
Fitted
16 Sept 2026

About Baker Hughes Company

Baker Hughes Co. is a holding company, which engages in the provision of oilfield products, services, and digital solutions. It operates through the Oilfield Services and Equipment (OFSE) and industrial and Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides services for onshore and offshore oilfield operations. The IET segment combines expertise, technologies, and services for industrial and energy customers including on and off-shore, LNG, pipeline and gas storage, refining, petrochemical, distributed gas, flow and process control, and industrial segments such as nuclear, aviation, automotive, marine, food and beverage, mining, cement and utilities. The company was founded in April 1987 and is headquartered in Houston, TX.

Sector
Energy
Industry
Oil & Gas Equipment & Services
CEO
Lorenzo Simonelli
Employees
54,000
Country
US

https://www.bakerhughes.com

Scorecard

Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings β€” that data is licensed and we do not redistribute it.

Valuation
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Profitability
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Financial health
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Cash generation
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Key statistics

Market cap
US$58.63B
Enterprise value
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Beta
0.96
Avg volume
8.14M
Revenue per share
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Dividend yield
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52-week range
43.92-70.41
Exchange
NASDAQ

Key ratios

P/E (TTM)
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PEG
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Price / sales
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Price / book
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EV / EBITDA
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Gross margin
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Operating margin
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Net margin
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Current ratio
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Quick ratio
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Debt / equity
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Interest cover
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Income statement

Balance sheet

Cash flow

Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.