- Dynamis Power Solutions recently announced a major order with Baker Hughes for 76 NovaLT™16 gas turbines, totaling about 1.3 GW of hypermobile power capacity for data center and oil & gas projects.
- This deal highlights growing interest in Baker Hughes’ multi-fuel, low-emissions mobile power technology as large energy users seek flexible, rapidly deployable generation solutions.
- We’ll now examine how this large hypermobile power order, centered on the NovaLT™16 turbine platform, feeds into Baker Hughes’ investment narrative.
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Baker Hughes Investment Narrative Recap
To own Baker Hughes, you generally need to believe in its role as an equipment and technology supplier across gas, LNG and power, including data center demand. The Dynamis order for 76 NovaLT16 turbines reinforces the near term catalyst of growing power systems exposure, but it does not remove the key risk that long term LNG and gas infrastructure spending, and related policy or ESG shifts, could limit the addressable market and pressure margins.
Among recent announcements, the February 2026 award from Twenty20 Energy for 10 gas turbines and up to 250 MW of data center power is especially relevant. Taken together with the Dynamis deal, it underscores how Baker Hughes is building a presence in flexible, gas fired data center power, which could support its Power Systems growth catalyst while still leaving it exposed to any future policy moves that more strongly favor renewables over gas backed solutions.
Yet investors should be aware that if policy or customer preferences pivot faster away from gas based power for data centers...
Read the full narrative on Baker Hughes (it's free!)
Baker Hughes' narrative projects $30.8 billion revenue and $3.3 billion earnings by 2029. This requires 3.3% yearly revenue growth and a roughly $0.2 billion earnings increase from $3.1 billion today.
Uncover how Baker Hughes' forecasts yield a $71.24 fair value, a 12% upside to its current price.
Exploring Other Perspectives
Some of the most optimistic analysts were already assuming revenue could reach about US$34.6 billion and earnings US$3.6 billion by 2029, so this new NovaLT16 order may either strengthen that upbeat view or prompt fresh questions about how quickly power systems and data center demand can realistically grow, depending on how you weigh the added backlog against the risk that manufacturing capacity or customer preferences shift away from gas based solutions.
Explore 4 other fair value estimates on Baker Hughes - why the stock might be worth just $71.24!
Form Your Own Verdict
Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts.
- A great starting point for your Baker Hughes research is our analysis highlighting 4 key rewards that could impact your investment decision.
- Our free Baker Hughes research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Baker Hughes' overall financial health at a glance.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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