Baytex Energy Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Baytex Energy stock has a target of 5.50, which predicts an increase of 153.46% from the current stock price of 2.17.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$5.50	$5.50	$5.50	$5.50
Change	+153.46%	+153.46%	+153.46%	+153.46%

* Price targets were last updated on Oct 18, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Baytex Energy is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Luke Davis Raymond James	Raymond James	Hold Initiates $5.5	Hold	Initiates	$5.5	+153.46%	Oct 18, 2024
Mike Murphy BMO Capital	BMO Capital	Hold Maintains $6 → $5.5	Hold	Maintains	$6 → $5.5	+153.46%	Jun 21, 2023
Gregory Pardy RBC Capital	RBC Capital	Buy Reiterates $9	Buy	Reiterates	$9	+314.75%	Jun 15, 2023
Mike Murphy BMO Capital	BMO Capital	Hold Maintains $6	Hold	Maintains	$6	+176.50%	May 5, 2023
Gregory Pardy RBC Capital	RBC Capital	Buy Maintains $9	Buy	Maintains	$9	+314.75%	May 4, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

2.90B

from 3.33B

-13.03%

from 3.33B

Revenue Next Year

2.92B

from 2.90B

0.76%

from 2.90B

EPS This Year

0.36

from 0.29

25.38%

from 0.29

EPS Next Year

0.15

from 0.36

-57.41%

from 0.36

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	811.74M	1.53B	2.33B	2.71B	3.33B	2.90B	2.92B	3.12B
Revenue Growth	-45.36%	88.37%	52.13%	16.63%	22.71%	-13.03%	0.76%	6.79%
EPS	-4.35	2.82	1.52	-0.33	0.29	0.36	0.15	0.17
EPS Growth	-	-	-46.10%	-	-	25.38%	-57.41%	12.50%
Forward PE	-	-	-	-	-	8.55	20.06	17.83
No. Analysts	-	-	-	-	-	5	4	2

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	4.2B	3.5B	3.2B
Avg	2.9B	2.9B	3.1B
Low	64.8M	2.4B	3.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	25.3%	22.0%	11.0%
Avg	-13.0%	0.8%	6.8%
Low	-98.1%	-18.3%	3.6%

EPS Forecast

EPS	2025	2026	2027
High	0.62	0.49	0.18
Avg	0.36	0.15	0.17
Low	0.01	-0.22	0.17

EPS Growth

EPS Growth	2025	2026	2027
High	113.6%	35.7%	17.0%
Avg	25.4%	-57.4%	12.5%
Low	-96.6%	-	9.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.