Badger Infrastructure Solutions Ltd. (TSX:BDGI)

Canada flag Canada · Delayed Price · Currency is CAD
83.47
+1.59 (1.94%)
May 15, 2026, 4:00 PM EST
Market Cap2.72B +117.2%
Revenue (ttm)1.20B +14.1%
Net Income79.33M +15.2%
EPS2.35 +17.1%
Shares Out33.66M
PE Ratio34.44
Forward PE23.76
Dividend0.78 (0.96%)
Ex-Dividend DateJun 30, 2026
Volume116,855
Average Volume171,731
Open81.55
Previous Close81.88
Day's Range80.84 - 83.61
52-Week Range43.62 - 85.17
Beta0.92
RSI72.94
Earnings DateApr 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

News

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...

1 day 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...

4 days 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...

7 days 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.

11 days 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…

11 days 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…

11 days 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.

14 days 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.

14 days ago - Transcripts

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

14 days 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.

15 days 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.

4 weeks 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...

6 weeks ago - GlobeNewsWire

Badger Infrastructure Solutions Earnings Call Transcript: Q4 2025

Record 2025 revenue and EBITDA growth were driven by strong demand and operational efficiency, with robust outlook for 2026 supported by fleet expansion, new service lines, and continued capital returns. Tariff risks and inflation are being actively managed.

2 months ago - Transcripts

Badger Infrastructure Solutions price target lowered to C$80 from C$85 at BMO Capital

BMO Capital lowered the firm’s price target on Badger Infrastructure Solutions (BDGIF) to C$80 from C$85 and keeps a Market Perform rating on the shares.

2 months ago - TheFly

Badger Delivers Solid Growth in 2025, and Announces Record Fleet Build for 2026

CALGARY, Alberta, March 05, 2026 (GLOBE NEWSWIRE) -- Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BDGI) reported fourth quarter and 2025 annual results toda...

2 months ago - GlobeNewsWire

Badger Infrastructure downgraded to Hold on valuation at Canaccord

Canaccord analyst Yuri Lynk downgraded Badger Infrastructure Solutions (BDGIF) to Hold from Buy with an unchanged price target of C$81. The firm cites valuation for the downgrade following a 94%…

3 months ago - TheFly

Badger Infrastructure downgraded to Hold from Buy at Canaccord

Canaccord downgraded Badger Infrastructure Solutions (BDGIF) to Hold from Buy with an unchanged price target of C$81.

3 months ago - TheFly

Badger Infrastructure Solutions initiated with an Outperform at National Bank

National Bank analyst Michael Doumet last night initiated coverage of Badger Infrastructure Solutions (BDGIF) with an Outperform rating and C$84 price target The firm says the company’s platform can s...

6 months ago - TheFly

Badger Infrastructure Solutions initiated with an Outperform at National Bank

National Bank initiated coverage of Badger Infrastructure Solutions (BDGIF) with an Outperform rating and C$84 price target

6 months ago - TheFly

Badger Infrastructure Solutions Earnings Call Transcript: Q3 2025

Q3 saw record revenue of $237.3M, up 13% year-over-year, with adjusted EBITDA margin rising to 28.2%. Strong demand in infrastructure and data center markets drove growth, while capital spend guidance was raised to support fleet expansion and market opportunities.

6 months ago - Transcripts

Badger Infrastructure Delivers Another Quarter of Double Digit Growth in Revenue, Adjusted EBITDA and Adjusted Net Earnings

CALGARY, Alberta, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BDGI) reported third quarter results today. All results are...

6 months ago - GlobeNewsWire

Badger Infrastructure downgraded to Market Perform at Raymond James

Raymond James downgraded Badger Infrastructure Solutions (BDGIF) to Market Perform from Outperform with a price target of C$72, up from C$60. The firm’s increased price target reflects both a higher…

7 months ago - TheFly

Badger Infrastructure Solutions Ltd. Confirms Release Date For Q3 2025 Results

CALGARY, Alberta, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BDGI) confirms the release date for its Q3 2025 results.

7 months ago - GlobeNewsWire

Badger Infrastructure Solutions price target raised to C$70 from C$63 at Stifel

Stifel raised the firm’s price target on Badger Infrastructure Solutions (BDGIF) to C$70 from C$63 and keeps a Buy rating on the shares.

7 months ago - TheFly

Badger Infrastructure Solutions initiated with a Buy at TD Securities

TD Securities initiated coverage of Badger Infrastructure Solutions (BDGIF) with a Buy rating and C$70 price target Badger is the largest non-destructive hydrovac excavation service provider in North ...

9 months ago - TheFly