Chart Industries Shareholders Approve Baker Hughes Acquisition

Chart Industries ( (GTLS) ) has issued an announcement.

On October 6, 2025, Chart Industries held a special meeting where stockholders approved the company’s acquisition by Baker Hughes. The merger agreement, which was initially signed on July 28, 2025, entails Chart becoming a wholly owned subsidiary of Baker Hughes, with shareholders receiving $210 per share in cash. This acquisition is expected to be completed by mid-2026, pending regulatory approvals, and signifies a significant step in Chart’s strategic positioning within the clean energy sector.

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. is a global leader in the design, engineering, and manufacturing of process technologies and equipment for gas and liquid molecule handling, focusing on clean power, clean water, clean food, and clean industrials. The company provides technology, equipment, and services related to liquefied natural gas, hydrogen, biogas, and CO2 capture, with 65 global manufacturing locations and over 50 service centers worldwide.

Average Trading Volume: 2,345,653

Technical Sentiment Signal: Buy

Current Market Cap: $9.02B

For an in-depth examination of GTLS stock, go to TipRanks’ Overview page.