Baker Hughes Lifts Full-Year Guidance on Chart Industries Boost
BKR sits 46% above its 52-week low of $43.92.
Summary
Baker Hughes raised its full-year revenue guidance to $28.5B-$30.3B, up from $26.65B-$28.05B, and adjusted EBITDA to $4.88B-$5.48B, up from $4.6B-$5.1B. The increase reflects the inclusion of Chart Industries, which closed on July 16 and is expected to contribute $1.85B-$2.25B in revenue and $300M-$400M in EBITDA this year. Core segment forecasts remain unchanged, so the entire uplift is acquisition-driven. This follows the Q2 beat and raised guidance in late July, but today's numbers are a fresh, material upward revision. The market will likely focus on whether Chart's data-center and cryogenics demand can sustain this momentum. Baker Hughes also updated its FY26 revenue and adjusted EBITDA outlook.
At the time of this announcement, BKR was trading at $64.28 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $63.5B. The 52-week trading range was $43.92 to $70.41. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.