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Chart Industries ( (GTLS) ) has provided an update.
On July 28, 2025, Chart Industries entered into a merger agreement with Baker Hughes, which will see Chart become a wholly owned subsidiary of Baker Hughes. However, Chart has faced legal challenges from stockholders claiming the merger’s proxy statement is misleading, leading to lawsuits seeking additional disclosures. Despite these challenges, Chart’s board believes the allegations are without merit and is voluntarily providing supplemental disclosures to avoid delays in the merger process.
The most recent analyst rating on (GTLS) stock is a Hold with a $210.00 price target. To see the full list of analyst forecasts on Chart Industries stock, see the GTLS Stock Forecast page.
Spark’s Take on GTLS Stock
According to Spark, TipRanks’ AI Analyst, GTLS is a Outperform.
Chart Industries’ overall stock score is driven by its strong financial performance and positive corporate event in the form of a merger with Flowserve, which is expected to enhance its market position and profitability. However, the high P/E ratio and overbought technical indicators suggest caution, as the stock may be overvalued and subject to a potential pullback.
To see Spark’s full report on GTLS stock, click here.
More about Chart Industries
Chart Industries, Inc. operates in the manufacturing industry, focusing on cryogenic equipment used in the production, storage, and end-use of hydrocarbon and industrial gases. The company is known for its innovative solutions in energy and industrial gas markets.
Average Trading Volume: 2,413,419
Technical Sentiment Signal: Buy
Current Market Cap: $8.97B
For a thorough assessment of GTLS stock, go to TipRanks’ Stock Analysis page.