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Baxter International (BAX, Health Care Equipment) Stock Valuation & Fair Value Mixed on our tests

Baxter International (BAX, Health Care Equipment) trades at a blended P/E of 11.2, about 24% below its historical normal valuation, with a forward growth estimate of 1.6% and a PEG of 6.90. Analysts' one-year estimates have been hit 18% of the time. Priced at its historical normal P/E of 14.7 on the same blended earnings, the 2026-10-02 close of $23.49 corresponds to about $30.80 a share. This is a valuation reference, not a price target.

DATA AS OF 2026-10-05
Blended P/E
11.2
Normal P/E
14.7
PEG
6.90
Fwd growth
1.6%
Div yield
0.2%
RSI (14)
47.2
Neutral
Technical context
  • Price $23.90 at the 2026-10-08 close, 1.2% above the 20-day average ($23.61) and 5.5% below the 50-day ($25.28).
  • RSI (14) at 47.2.
  • 52-week range $15.79 to $28.34: the price is 15.7% below the high and 51.4% above the low.

The Street vs SeerForecast

Wall Street's mean price target for BAX is $28.73 across 11 analysts, 20.2% above the current price. Our SeerForecast read of the same stock, formed without analyst targets: mixed on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been mixed on our tests since 2026-06-03.

Blended P/E and rating by weekBlended P/E moved from 9.2 to 11.2 between 2026-06-03 and 2026-10-02, against a normal P/E of 14.7, with 2 rating changes over 37 recorded weeks.2026-06-03: P/E 9.2, Mixed on our tests, recalculated for the week of 2026-06-032026-06-10: P/E 9.3, Mixed on our tests, recalculated for the week of 2026-06-102026-06-12: P/E 9.3, Mixed on our tests, recalculated for the week of 2026-06-142026-06-16: P/E 9.3, Mixed on our tests, recalculated for the week of 2026-06-162026-06-18: P/E 9.3, Mixed on our tests, recalculated for the week of 2026-06-212026-07-02: P/E 10.5, Mixed on our tests, recalculated for the week of 2026-07-022026-07-06: P/E 10.9, Mixed on our tests, recalculated for the week of 2026-07-062026-07-09: P/E 10.9, Mixed on our tests, recalculated for the week of 2026-07-092026-07-10: P/E 10.9, Mixed on our tests, recalculated for the week of 2026-07-122026-07-13: P/E 10.9, Mixed on our tests, recalculated for the week of 2026-07-132026-07-14: P/E 10.9, Mixed on our tests, recalculated for the week of 2026-07-142026-07-20: P/E 11.0, Mixed on our tests, recalculated for the week of 2026-07-202026-07-22: P/E 11.0, Mixed on our tests, recalculated for the week of 2026-07-222026-07-24: P/E 10.9, Mixed on our tests, recalculated for the week of 2026-07-252026-07-27: P/E 10.9, Mixed on our tests, recalculated for the week of 2026-07-272026-07-31: P/E 12.7, Weak on forward returns, recalculated for the week of 2026-07-312026-07-31: P/E 12.4, Weak on forward returns, recorded live 2026-08-032026-08-07: P/E 12.8, Weak on forward returns, recalculated for the week of 2026-08-072026-08-07: P/E 13.1, Weak on forward returns, recorded live 2026-08-102026-08-14: P/E 12.8, Weak on forward returns, recalculated for the week of 2026-08-142026-08-14: P/E 12.7, Weak on forward returns, recorded live 2026-08-172026-08-21: P/E 12.5, Weak on forward returns, recalculated for the week of 2026-08-212026-08-21: P/E 12.5, Weak on forward returns, recorded live 2026-08-242026-08-27: P/E 12.5, Weak on forward returns, recalculated for the week of 2026-08-272026-08-28: P/E 12.3, Weak on forward returns, recalculated for the week of 2026-08-282026-08-28: P/E 12.4, Weak on forward returns, recalculated for the week of 2026-08-302026-08-28: P/E 12.4, Weak on forward returns, recorded live 2026-08-312026-09-04: P/E 12.3, Weak on forward returns, recalculated for the week of 2026-09-052026-09-04: P/E 12.3, Weak on forward returns, recorded live 2026-09-072026-09-11: P/E 11.3, Mixed on our tests, recalculated for the week of 2026-09-122026-09-11: P/E 11.3, Mixed on our tests, recorded live 2026-09-142026-09-18: P/E 10.9, Mixed on our tests, recalculated for the week of 2026-09-192026-09-18: P/E 10.9, Mixed on our tests, recorded live 2026-09-212026-09-25: P/E 11.2, Mixed on our tests, recalculated for the week of 2026-09-262026-09-25: P/E 11.2, Mixed on our tests, recorded live 2026-09-282026-10-02: P/E 11.2, Mixed on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 11.2, Mixed on our tests, recorded live 2026-10-0510.012.014.0Jun 3Jul 3Aug 2Sep 2Oct 2Normal P/E 14.7
Mixed on our testsWeak on forward returns

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 9.2-38%Mixed on our tests (recalculated)
2026-07-31P/E 12.7-14%Weak on forward returns (recalculated)
2026-08-10P/E 13.1-11%Weak on forward returns
2026-09-12P/E 11.3-23%Mixed on our tests (recalculated)
2026-10-05P/E 11.2-24%Mixed on our tests ← now
Show all 37 weeks
WeekBlended P/EPremium to normal P/ERating
2026-06-03P/E 9.2-38%Mixed on our tests (recalculated)
2026-06-10P/E 9.3-37%Mixed on our tests (recalculated)
2026-06-14P/E 9.3-37%Mixed on our tests (recalculated)
2026-06-16P/E 9.3-37%Mixed on our tests (recalculated)
2026-06-21P/E 9.3-37%Mixed on our tests (recalculated)
2026-07-02P/E 10.5-29%Mixed on our tests (recalculated)
2026-07-06P/E 10.9-26%Mixed on our tests (recalculated)
2026-07-09P/E 10.9-26%Mixed on our tests (recalculated)
2026-07-12P/E 10.9-26%Mixed on our tests (recalculated)
2026-07-13P/E 10.9-26%Mixed on our tests (recalculated)
2026-07-14P/E 10.9-26%Mixed on our tests (recalculated)
2026-07-20P/E 11.0-26%Mixed on our tests (recalculated)
2026-07-22P/E 11.0-26%Mixed on our tests (recalculated)
2026-07-25P/E 10.9-26%Mixed on our tests (recalculated)
2026-07-27P/E 10.9-26%Mixed on our tests (recalculated)
2026-07-31P/E 12.7-14%Weak on forward returns (recalculated)
2026-08-03P/E 12.4-16%Weak on forward returns
2026-08-07P/E 12.8-13%Weak on forward returns (recalculated)
2026-08-10P/E 13.1-11%Weak on forward returns
2026-08-14P/E 12.8-13%Weak on forward returns (recalculated)
2026-08-17P/E 12.7-14%Weak on forward returns
2026-08-21P/E 12.5-15%Weak on forward returns (recalculated)
2026-08-24P/E 12.5-15%Weak on forward returns
2026-08-27P/E 12.5-15%Weak on forward returns (recalculated)
2026-08-28P/E 12.3-16%Weak on forward returns (recalculated)
2026-08-30P/E 12.4-16%Weak on forward returns (recalculated)
2026-08-31P/E 12.4-16%Weak on forward returns
2026-09-05P/E 12.3-17%Weak on forward returns (recalculated)
2026-09-07P/E 12.3-17%Weak on forward returns
2026-09-12P/E 11.3-23%Mixed on our tests (recalculated)
2026-09-14P/E 11.3-23%Mixed on our tests
2026-09-19P/E 10.9-26%Mixed on our tests (recalculated)
2026-09-21P/E 10.9-26%Mixed on our tests
2026-09-26P/E 11.2-24%Mixed on our tests (recalculated)
2026-09-28P/E 11.2-24%Mixed on our tests
2026-10-03P/E 11.2-24%Mixed on our tests (recalculated)
2026-10-05P/E 11.2-24%Mixed on our tests ← now

Frequently asked questions

Is Baxter International stock overvalued?

At a blended P/E of 11.2 versus its historical normal P/E of 14.7, Baxter International trades about 24% below its typical valuation, with a PEG of 6.90 on 1.6% forward growth. tickerseer currently rates it mixed on our tests.

What is Baxter International's fair value and PEG?

Baxter International trades at a blended P/E of 11.2 against a historical normal P/E of 14.7, a PEG of 6.90, and a forward growth estimate of 1.6%. Priced at its historical normal P/E of 14.7 on the same blended earnings, the 2026-10-02 close of $23.49 corresponds to about $30.80 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Baxter International changed?

tickerseer's rating has been mixed on our tests since 2026-06-03.

What is the analyst price target for Baxter International?

The mean Wall Street price target for Baxter International is $28.73 across 11 analysts, 20.2% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Health Care Equipment. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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