Badger Infrastructure Solutions Ltd. (TSX:BDGI)
| Market Cap | 2.99B +63.1% |
| Revenue (ttm) | 1.29B +17.2% |
| Net Income | 86.34M +8.7% |
| EPS | 2.56 +10.1% |
| Shares Out | 33.66M |
| PE Ratio | 34.72 |
| Forward PE | 22.86 |
| Dividend | 0.78 (0.88%) |
| Ex-Dividend Date | Jun 30, 2026 |
| Volume | 316,846 |
| Open | 91.65 |
| Previous Close | 88.86 |
| Day's Range | 91.15 - 96.07 |
| 52-Week Range | 50.87 - 99.46 |
| Beta | 1.00 |
| Analysts | Strong Buy |
| Price Target | 113.41 (+19.24%) |
| Earnings Date | Jul 30, 2026 |
About TSX:BDGI
Badger Infrastructure Solutions Ltd. provides non-destructive excavating and related services to utilities, industrial, construction, transportation, and other industries in Canada and the United States. It offers Badger Hydrovac for use in safe excavations around critical infrastructure and in congested underground conditions. The company also provides hydrovac services, such as anode installations, daylighting, debris removal, pipelines, potholing, power distribution, service pits, shoring installations, tank cleanouts, trenching, and utility... [Read more]
Financial Performance
In 2025, TSX:BDGI's revenue was $831.70 million, an increase of 11.65% compared to the previous year's $744.95 million. Earnings were $59.23 million, an increase of 23.72%.
Financial numbers in USD Financial StatementsAnalyst Summary
According to 8 analysts, the average rating for BDGI stock is "Strong Buy." The 12-month stock price target is $113.41, which is an increase of 19.24% from the latest price.
News
Badger Infrastructure price target raised to C$110 from C$94 at TD Securities
TD Securities analyst Tim James raised the firm’s price target on Badger Infrastructure Solutions (BDGIF) to C$110 from C$94 and keeps a Buy rating on the shares. Published first on…
Badger Infrastructure Solutions Q2 Earnings Call Highlights
Badger Infrastructure Solutions TSE: BDGI reported record second-quarter results, with revenue rising 23% year over year to CAD 257 million and adjusted EBITDA increasing 25% to CAD 66.1 million, as b...
Badger Infrastructure Solutions Earnings Call Transcript: Q2 2026
Revenue grew 23% year-over-year to CAD 257 million, with adjusted EBITDA up 25% and margins improving. Strong demand across diverse end markets, ongoing fleet expansion, and new service lines support a positive outlook, while a second U.S. manufacturing plant and robust capital position enable continued growth.
Badger Infrastructure Solutions Registration statement: Q2 2026
Badger Infrastructure Solutions filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.
Badger Infrastructure Solutions Earnings release: Q2 2026
Badger Infrastructure Solutions released its Q2 2026 earnings on July 31, 2026, summarizing the period's financial results.
Badger Infrastructure Solutions Registration statement: Q2 2026
Badger Infrastructure Solutions filed a registration statement on July 31, 2026, providing details about a securities offering with the SEC.
Badger Infrastructure price target raised to C$94 from C$92 at TD Securities
TD Securities raised the firm’s price target on Badger Infrastructure Solutions (BDGIF) to C$94 from C$92 and keeps a Buy rating on the shares.
Badger Infrastructure Solutions price target raised to C$106 at Stifel
Stifel raised the firm’s price target on Badger Infrastructure Solutions (BDGIF) to C$106 from C$94 and keeps a Buy rating on the shares.
Badger Infrastructure Solutions price target raised to C$104 from C$85 at CIBC
CIBC analyst Krista Friesen raised the firm’s price target on Badger Infrastructure Solutions (BDGIF) to C$104 from C$85 and keeps an Outperformer rating on the shares.
Badger Confirms Release Date for Q2 2026 Results
Calgary, Alberta--(Newsfile Corp. - July 6, 2026) - Badger Infrastructure Solutions Ltd. (TSX: BDGI) ("Badger") confirms the release date for its Q2 2026 results.
Badger Infrastructure Solutions Slides: Investor presentation
Badger Infrastructure Solutions has posted slides in relation to its latest quarterly earnings report, which was published on June 16, 2026.
Badger Infrastructure upgraded to Outperform from Market Perform at BMO Capital
BMO Capital upgraded Badger Infrastructure Solutions (BDGIF) to Outperform from Market Perform with a price target of C$110, up from C$75. The company’s earnings growth runway “remains very strong” as...
Badger Announces Closing of C$300 Million Senior Unsecured Note Offering
CALGARY, Alberta, May 14, 2026 (GLOBE NEWSWIRE) -- Badger Infrastructure Solutions Ltd. ("Badger", the "Company", "we", "our" or "us") (TSX: BDGI) announced today it has closed its previously announce...
Badger Announces Appointment of Chief Operating Officer
CALGARY, Alberta, May 11, 2026 (GLOBE NEWSWIRE) -- Badger Infrastructure Solutions Ltd. ("Badger" or the "Company") (TSX: BDGI) announced today the appointment of Logan Mellott as Chief Operating Offi...
Badger Announces Pricing of C$300 Million Senior Unsecured Notes
CALGARY, Alberta, May 07, 2026 (GLOBE NEWSWIRE) -- Badger Infrastructure Solutions Ltd. ("Badger", the "Company", "we", "our" or "us") (TSX: BDGI) announced today that it has successfully priced a pri...
Badger Infrastructure Solutions price target raised to C$94 from C$82 at Stifel
Stifel raised the firm’s price target on Badger Infrastructure Solutions (BDGIF) to C$94 from C$82 and keeps a Buy rating on the shares.
Badger Infrastructure Solutions price target raised to C$92 at TD Securities
TD Securities analyst Tim James raised the firm’s price target on Badger Infrastructure Solutions (BDGIF) to C$92 from C$79 and keeps a Buy rating on the shares. Published first on…
Badger Infrastructure Solutions upgraded to Buy from Hold at Canaccord
Canaccord upgraded Badger Infrastructure Solutions (BDGIF) to Buy from Hold with a price target of C$90, up from C$70. The firm says the company’s near-term margin headwinds are better reflected…
Badger Infrastructure Solutions Transcript: AGM 2026
The meeting confirmed quorum and approved all resolutions, including director elections, auditor appointment, executive compensation, amendments to articles and bylaws, and a shareholder rights plan. No questions were raised on formal business, and voting results will be publicly disclosed.
Badger Infrastructure Solutions Earnings Call Transcript: Q1 2026
Record Q1 revenue and double-digit growth in adjusted EBITDA and EPS were driven by strong demand across all regions and end markets, especially data centers and infrastructure. Investments in fleet and operations are expected to support continued growth and margin expansion.
Badger Infrastructure Solutions Earnings release: Q1 2026
Badger Infrastructure Solutions released its Q1 2026 earnings on May 1, 2026, summarizing the period's financial results.
Badger upgraded to Outperform from Sector Perform at National Bank
National Bank analyst Maxim Sytchev upgraded Badger Infrastructure Solutions (BDGIF) to Outperform from Sector Perform with a C$74 price target
Badger's Commercial Execution Delivers 18% Revenue and 13% EBITDA Growth as Infrastructure End Markets Continue to Increase Demand
CALGARY, Alberta, April 30, 2026 (GLOBE NEWSWIRE) -- Badger Infrastructure Solutions Ltd. ("Badger", the "Company", "we", "our" or "us") (TSX:BDGI) reported first quarter results today.
Badger Infrastructure Solutions price target raised to C$82 from C$81 at Stifel
Stifel raised the firm’s price target on Badger Infrastructure Solutions (BDGIF) to C$82 from C$81 and keeps a Buy rating on the shares.
Badger Infrastructure Solutions Ltd. Confirms Release Date for Q1 2026 Results and Timing and Other Information Regarding 2026 Annual and Special Meeting of Shareholders
CALGARY, Alberta, April 02, 2026 (GLOBE NEWSWIRE) -- Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BDGI) confirms the release date for its Q1 2026 results an...