Baker Hughes' Industrial & Energy Technology to Spur Growth, Morgan Stanley Says

MT Newswires Live08-07 23:02

Baker Hughes' (BKR) industrial and energy technology segment is expected to be its main growth engine, supported by strong project flow, record orders and rising power demand, Morgan Stanley said Friday in a report.

The segment recently topped its objective of 20% EBITDA margin, boosting confidence that "continued growth can translate into attractive incremental profitability," the report said.

Baker Hughes' oilfield services and equipment portfolio mix carries a more "durable" earnings profile than peers, Morgan Stanley said. The business is weighted toward natural gas, international land and offshore activity, as well as production optimization, supporting higher growth prospects, the report said.

Morgan Stanley resumed coverage of Baker Hughes with an overweight rating and top pick and a $70 price target.

Price: 62.23, Change: -0.52, Percent Change: -0.84

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2657464642?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-07 23:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2657464642","market":"sg","top_or_hot":-1,"title":"Baker Hughes' Industrial & Energy Technology to Spur Growth, Morgan Stanley Says","media":"MT Newswires Live","content":"<html><body><p> Baker Hughes' (BKR) industrial and energy technology segment is expected to be its main growth engine, supported by strong project flow, record orders and rising power demand, Morgan Stanley said Friday in a report.</p><p>The segment recently topped its objective of 20% EBITDA margin, boosting confidence that \"continued growth can translate into attractive incremental profitability,\" the report said.</p><p>Baker Hughes' oilfield services and equipment portfolio mix carries a more \"durable\" earnings profile than peers, Morgan Stanley said. The business is weighted toward natural gas, international land and offshore activity, as well as production optimization, supporting higher growth prospects, the report said.</p><p>Morgan Stanley resumed coverage of Baker Hughes with an overweight rating and top pick and a $70 price target.</p><p>Price: 62.23, Change: -0.52, Percent Change: -0.84</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baker Hughes' Industrial & Energy Technology to Spur Growth, Morgan Stanley Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaker Hughes' Industrial & Energy Technology to Spur Growth, Morgan Stanley Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-08-07 23:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Baker Hughes' (BKR) industrial and energy technology segment is expected to be its main growth engine, supported by strong project flow, record orders and rising power demand, Morgan Stanley said Friday in a report.</p><p>The segment recently topped its objective of 20% EBITDA margin, boosting confidence that \"continued growth can translate into attractive incremental profitability,\" the report said.</p><p>Baker Hughes' oilfield services and equipment portfolio mix carries a more \"durable\" earnings profile than peers, Morgan Stanley said. The business is weighted toward natural gas, international land and offshore activity, as well as production optimization, supporting higher growth prospects, the report said.</p><p>Morgan Stanley resumed coverage of Baker Hughes with an overweight rating and top pick and a $70 price target.</p><p>Price: 62.23, Change: -0.52, Percent Change: -0.84</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2023250504.SGD","symbol_name":"Allianz Thematica Cl AMg DIS H2-SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2657464642","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2657464642","pubTimestamp":1786114926,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Baker Hughes'  industrial and energy technology segment is expected to be its main growth engine, supported by strong project flow, record orders and rising power demand, Morgan Stanley said Friday in a report.The segment recently topped its objective of 20% EBITDA margin, boosting confidence that \"continued growth can translate into attractive incremental profitability,\" the report said.Baker Hughes' oilfield services and equipment portfolio mix carries a more \"durable\" earnings profile than peers, Morgan Stanley said. The business is weighted toward natural gas, international land and offshore activity, as well as production optimization, supporting higher growth prospects, the report said.Morgan Stanley resumed coverage of Baker Hughes with an overweight rating and top pick and a $70 price target.Price: 62.23, Change: -0.52, Percent Change: -0.84","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","BK4566":"资本集团","LU2463526074.USD":"NORDEA 1 - GLOBAL CLIMATE ENGAGEMENT \"BP\" (USD) ACC","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","BKR":"Baker Hughes Co","PXJ":"Invesco Oil & Gas Services ETF","LU0154245756.USD":"BNP PARIBAS US MID CAP \"C\" (USD) ACC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4588":"碎股","LU0154245673.USD":"BNP PARIBAS US MID CAP \"C\" (USD) INC","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU1261432733.SGD":"Fidelity World A-ACC-SGD","OIH":"石油服务ETF","LU0048573561.USD":"FIDELITY AMERICA \"A\" (USD) INC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","BK4179":"石油天然气设备与服务","LU1917777945.USD":"安联专题基金Cl AT Acc","LU0251142724.SGD":"Fidelity America A-SGD","IEZ":"iShares Dow Jones U.S. Oil Equip","LU0251131958.USD":"FIDELITY AMERICA \"A\" (USD) ACC","LU0211331839.USD":"FRANKLIN MUTUAL GLB DISCOVERY \"A\" (USD) ACC","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","LU0256331488.USD":"SCHRODER ISF GLOBAL ENERGY \"A\" ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","BK4585":"ETF&股票定投概念"},"translate_title":"摩根士丹利表示，贝克休斯的工业和能源技术将刺激增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IEZ":0.6,"PXJ":0.6,"BKR":1.5,"OIH":0.6},"content_text":"Baker Hughes' (BKR) industrial and energy technology segment is expected to be its main growth engine, supported by strong project flow, record orders and rising power demand, Morgan Stanley said Friday in a report.The segment recently topped its objective of 20% EBITDA margin, boosting confidence that \"continued growth can translate into attractive incremental profitability,\" the report said.Baker Hughes' oilfield services and equipment portfolio mix carries a more \"durable\" earnings profile than peers, Morgan Stanley said. The business is weighted toward natural gas, international land and offshore activity, as well as production optimization, supporting higher growth prospects, the report said.Morgan Stanley resumed coverage of Baker Hughes with an overweight rating and top pick and a $70 price target.Price: 62.23, Change: -0.52, Percent Change: -0.84","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2657464642","isCrawlerRequest":true}