Baker Hughes (BKR) Raises 2026 Guidance. But Investors Aren’t Impressed

Baker Hughes (BKR) announced on September 9 that it had raised its 2026 financial guidance following the acquisition of Chart Industries. The company now forecasts revenue between $28.50 billion and $30.30 billion for 2026, up from its previous forecast of $26.65 billion to $28.05 billion. Adjusted EBITDA is expected to range from $4.88 billion to $5.48 billion, an increase from the earlier range of $4.6 billion to $5.1 billion.

However, some Wall Street analysts are unimpressed with the upgraded guidance, as they believe the near-term margin pressure and integration costs associated with the Chart acquisition will negatively impact the transaction's value.