Badger Infrastructure Solutions Ltd. (TSX:BDGI)

Canada flag Canada · Delayed Price · Currency is CAD
95.11
+6.25 (7.03%)
Aug 4, 2026, 4:00 PM EST
Market Cap2.99B +63.1%
Revenue (ttm)1.29B +17.2%
Net Income86.34M +8.7%
EPS2.56 +10.1%
Shares Out 33.66M
PE Ratio34.72
Forward PE22.86
Dividend0.78 (0.88%)
Ex-Dividend DateJun 30, 2026
Volume316,846
Open91.65
Previous Close88.86
Day's Range91.15 - 96.07
52-Week Range50.87 - 99.46
Beta1.00
AnalystsStrong Buy
Price Target113.41 (+19.24%)
Earnings DateJul 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]

Founded 1992
Employees 2,807
Stock Exchange Toronto Stock Exchange
Ticker Symbol BDGI
Full Company Profile

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 Statements

Analyst 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.

Price Target
$113.41
(19.24% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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…

1 day ago - TheFly

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...

3 days ago - MarketBeat

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.

4 days ago - Transcripts

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.

4 days ago - Filings

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.

4 days ago - Filings

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.

4 days ago - Filings

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.

14 days ago - TheFly

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.

19 days ago - TheFly

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.

27 days ago - TheFly

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.

4 weeks ago - Newsfile Corp

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.

7 weeks ago - Filings

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...

2 months ago - TheFly

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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.

3 months ago - TheFly

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…

3 months ago - TheFly

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…

3 months ago - TheFly

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.

3 months ago - Transcripts

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.

3 months ago - Transcripts

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.

3 months ago - Filings

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

3 months ago - TheFly

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.

3 months ago - GlobeNewsWire

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.

3 months ago - TheFly

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...

4 months ago - GlobeNewsWire