Baker Hughes stock gains 1.21 percent as guidance rises

Baker Hughes Co. (ISIN US0567521085) closed at USD 57.25 on the Nasdaq on September 21, 2026, gaining 1.21 percent. The move followed a September 9, 2026 guidance update that lifted the company's revenue and adjusted EBITDA ranges for the full year.

Guidance reaches USD 30.30 billion

According to Ad Hoc News on September 9, 2026, Baker Hughes projected 2026 revenue of USD 28.50 billion to USD 30.30 billion, compared with its prior range of USD 26.65 billion to USD 28.05 billion. The upper end therefore increased by USD 2.25 billion, a quantified improvement in the company's operating outlook.

The same September 9, 2026 update raised adjusted EBITDA guidance to USD 4.88 billion to USD 5.48 billion from USD 4.60 billion to USD 5.10 billion. The upper end increased by USD 0.38 billion, while the lower end rose by USD 0.28 billion, making profitability the key measure for judging execution.

Stock remains below yearly high

Market data cited on September 21, 2026 put Baker Hughes shares at USD 57.25, with a one-year range of USD 43.92 to USD 70.41. The closing price was 22.9 percent above the low and 18.7 percent below the high, leaving the stock between its two recent extremes rather than at a new yearly peak.

According to Ad Hoc News in its September 21, 2026 market coverage, MarketBeat reported an average analyst rating of Moderate Buy and an average price target of USD 71.81. That target stood USD 14.56 above the September 21 closing price, while the planned USD 13.6 billion acquisition of Chart Industries adds integration and execution risk to the improved guidance.

Nasdaq close sets the reference

Baker Hughes stock closed at USD 57.25 on the Nasdaq on September 21, 2026, after the 1.21 percent daily gain. The stock's next valuation signal is the gap between that price and the USD 71.81 average analyst target, while the company's 2026 revenue range reaches as high as USD 30.30 billion.

More news and analyses on Baker Hughes stock