Baker Hughes Company (NASDAQ:BKR) is ranked among the best performing energy stocks to buy now. Stifel maintained a Buy rating on BKR, raising its price target to $50 after exceeding Q2 2025 expectations with adjusted earnings per share of $0.63 and $6.91 billion in revenues.

Stifel is optimistic about Baker Hughes due to a healthy backlog of orders for Industrial & Energy Technology equipment and increasing demand from data centers. Gas Tech Services also shows strong long-term potential with a growing installed base and robust margin growth.

BKR, a major oil field services and energy technology company, provides goods and services to the oil and gas sector, as well as other industrial and energy applications. While BKR has investment potential, some AI stocks may offer greater upside potential and less risk for investors. Explore the best short-term AI stock for more information.

Read more at Yahoo Finance: Stifel Raises Price Target on Baker Hughes (BKR) After Strong Q2 2025 Earnings