Baytex Energy Corp. (TSX:BTE)
Canada flag Canada · Delayed Price · Currency is CAD
5.92
-0.01 (-0.17%)
Nov 6, 2026, 4:00 PM EST

Baytex Energy Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Baytex Energy stock has a consensus rating of "Buy" and an average price target of $8.71. The average 1-year stock price forecast is 47.16% higher than the current stock price, while the lowest is $7.50 (+26.69%) and the highest is $10.00 (+68.92%).

Price Target: $8.71 (+47.16%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$7.50$8.71$8.50$10.00
Change+26.69%+47.16%+43.58%+68.92%

Analyst Ratings

The average analyst rating for Baytex Energy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy333456
Buy333334
Hold555553
Sell000000
Strong Sell000000
Total111111121313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BMO Capital
BMO Capital
Buy
Maintains
$8.00
BuyMaintains$8.00+35.14%Nov 6, 2026
TD Cowen
TD Cowen
Buy
Upgrades
$8.00
BuyUpgrades$8.00+35.14%Nov 6, 2026
Unknown Analyst
Canaccord Genuity
No rating
Canaccord Genuity
Buy
Reiterates
$9.00
BuyReiterates$9.00+52.03%Nov 6, 2026
Jefferies
Jefferies
Buy
Initiates
$9.00
BuyInitiates$9.00+52.03%Oct 27, 2026
Scotiabank
Scotiabank
Buy
Maintains
$7.50 → $8.50
BuyMaintains$7.50 → $8.50+43.58%Oct 19, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.96B
from 1.48B
Increased by 32.16%
Revenue Next Year
1.84B
from 1.96B
Decreased by -5.75%
EPS This Year
0.62
from 0.07
Increased by 811.76%
EPS Next Year
0.73
from 0.62
Increased by 17.74%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
1.53B2.33B2.71B1.61B1.48B1.96B
Revenue Growth
88.37%52.13%16.63%-40.55%-8.19%32.16%
Operating Income
1.78B1.02B-214.82M357.59M61.22M100.10M
Net Income
1.61B855.61M-233.36M236.60M-603.78M432.00M
EPS
----0.070.62
EPS Growth
-----76.96%811.76%
Forward PE
12.617.855.127.4034.159.55
Dividend / Share
--0.050.090.090.09
Dividend Growth
---100.00%--
Free Cash Flow
----207.48M427.22M
No. Analysts
-----4
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High2.3B
Avg2.0B
Low1.6B

Revenue Growth

Revenue Growth202620272028
High
56.7%
Avg
32.2%
Low
8.9%

EPS Forecast

EPS202620272028
High0.62
Avg0.62
Low0.62

EPS Growth

EPS Growth202620272028
High
811.8%
Avg
811.8%
Low
811.8%