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Baker Hughes Advances EU Review for Chart Industries Acquisition

Story Highlights
  • Baker Hughes is acquiring Chart Industries, making Chart a wholly owned subsidiary.
  • European Commission review began May 21, 2026, with merger closing targeted for July 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Baker Hughes Advances EU Review for Chart Industries Acquisition

Meet Samuel – Your Personal Investing Prophet

Baker Hughes Company ( (BKR) ) just unveiled an announcement.

Baker Hughes Company plans to expand its energy technology portfolio through the acquisition of Chart Industries, Inc., under a merger agreement announced on July 28, 2025, in which Chart will become an indirect wholly owned subsidiary. Baker Hughes and Chart have completed the pre-notification process with the European Commission, and Baker Hughes filed a Form CO on May 21, 2026, starting the EC’s Phase I review, with the company expecting, subject to regulatory approvals and closing conditions, to complete the merger in July 2026.

The timing of the European Commission’s review is a key milestone in the regulatory pathway for the deal and will shape how quickly Baker Hughes can integrate Chart’s operations into its portfolio. Successful completion of the merger in mid-2026 would likely broaden Baker Hughes’ capabilities in energy and industrial equipment, potentially strengthening its competitive position and affecting customers and partners across its markets.

The most recent analyst rating on (BKR) stock is a Buy with a $75.00 price target. To see the full list of analyst forecasts on Baker Hughes Company stock, see the BKR Stock Forecast page.

Spark’s Take on BKR Stock

According to Spark, TipRanks’ AI Analyst, BKR is a Outperform.

The score is driven primarily by strong financial performance (profitability and cash flow recovery) and a positive earnings call featuring record IET orders/backlog and margin expansion. Technicals support the view with an established uptrend and moderate momentum. Valuation is reasonable but not especially compelling due to a modest dividend yield, while geopolitical disruption risk remains a key near-term headwind.

To see Spark’s full report on BKR stock, click here.

More about Baker Hughes Company

Baker Hughes Company is a Delaware-based energy technology and industrial services provider that supplies equipment, systems, and solutions for oil and gas, LNG, industrial processes, and broader energy transition markets. The company operates globally, focusing on technologies that enhance efficiency, reliability, and lower-emissions performance across the energy value chain.

Average Trading Volume: 9,247,958

Technical Sentiment Signal: Buy

Current Market Cap: $66.26B

Find detailed analytics on BKR stock on TipRanks’ Stock Analysis page.

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