Baker Hughes signs two deals and Baker Hughes stock trades at EUR 49.91
Published on 10/08/2026 at 16:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Baker Hughes signed two Venezuela energy agreements on October 5, 2026.
- The Lang & Schwarz price was EUR 49.91 on October 8, 2026, plus 0.54 percent versus EUR 49.64.
- Market capitalization was USD 55.7 billion, while the 52-week range was USD 43.92 to USD 70.41.
- BofA lowered its target from USD 74 to USD 73 while retaining a Buy rating.
Baker Hughes stock (ISIN US05722G1004) was trading at EUR 49.91 at Lang & Schwarz on October 8, 2026 at 4:39 p.m. CEST. On October 5, Baker Hughes signed two strategic agreements for Venezuela's natural gas and energy infrastructure, according to GlobeNewswire.
Three dated strategic steps
On July 16, 2026, Baker Hughes completed the Chart Industries acquisition at an initial purchase price of USD 210.00 per Chart share, with preliminary merger consideration of USD 14.8 billion, according to StockTitan. On September 28, the company scheduled its third-quarter results for October 27, 2026, with the webcast set for October 28, 2026, per Baker Hughes. The latest step came on October 5, when the company announced an alliance with PDVSA, Lindsayca and Fulcrum LNG plus a separate memorandum with New Stratus Energy, according to Reuters.
What do the agreements mean for growth?
The Venezuela framework connects upstream resource development, midstream infrastructure, gas monetization and liquefied natural gas commercialization. Baker Hughes said its Venezuelan installed base includes more than 1,200 oil production systems and approximately 240 turbomachinery units across 23 sites, creating an established operating footprint for any future project work.
Targets and reporting dates
BofA lowered its Baker Hughes price target from USD 74.00 to USD 73.00 on October 2, 2026, while keeping a Buy rating, according to Markets Insider. The next scheduled dates are October 27, 2026 for the third-quarter release and October 28, 2026 for the earnings webcast, with the webcast scheduled for 9:30 a.m. ET.
Stock price and market scale
At Lang & Schwarz, Baker Hughes was trading at EUR 49.91 on October 8, 2026 at 4:39 p.m. CEST, up 0.54 percent versus the EUR 49.64 prior close of October 7, 2026. The finance quote placed market capitalization at USD 55.7 billion on October 8, 2026, with a 52-week range of USD 43.92 to USD 70.41.
The further course of trading is shown by the continuously updated real-time quote of Baker Hughes stock.
Baker Hughes stock facts
- Company: Baker Hughes Company
- ISIN: US05722G1004
- Ticker: BKR
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 8, 2026, 4:39 p.m. CEST): EUR 49.91
- Change versus prior close: plus 0.54 percent
- Prior close Lang & Schwarz (October 7, 2026): EUR 49.64
- Market capitalization: USD 55.7 billion (as of October 8, 2026)
- 52-week range: USD 43.92-70.41 (as of October 8, 2026)
- Sector / Industry: Energy
- Index membership: S&P 500
- Next earnings date: October 27, 2026
Market context: Market report Nasdaq Composite.
