Baytex Energy Corp. (BTE)
NYSE: BTE · Real-Time Price · USD
2.910
+0.050 (1.75%)
Oct 24, 2024, 4:00 PM EDT - Market closed
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 89.00% from the current stock price of 2.91.
Analyst Consensus: Hold
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold Initiates $5.5 | Hold | Initiates | $5.5 | +89.00% | Oct 18, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $6 → $5.5 | Hold | Maintains | $6 → $5.5 | +89.00% | Jun 21, 2023 |
| RBC Capital | RBC Capital | Buy Reiterates $9 | Buy | Reiterates | $9 | +209.28% | Jun 15, 2023 |
| BMO Capital | BMO Capital | Hold Maintains $6 | Hold | Maintains | $6 | +106.19% | May 5, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $9 | Buy | Maintains | $9 | +209.28% | May 4, 2023 |
Financial Forecast
Revenue This Year
3.89B
from 2.71B
Increased by 43.36%
Revenue Next Year
3.83B
from 3.89B
Decreased by -1.54%
EPS This Year
0.44
from -0.33
EPS Next Year
0.67
from 0.44
Increased by 53.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.6B | 4.7B | 3.7B | ||
| Avg | 3.9B | 3.8B | 3.5B | ||
| Low | 3.1B | 2.8B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 67.8% | 20.8% | -4.4% | ||
| Avg | 43.4% | -1.5% | -8.1% | ||
| Low | 13.2% | -29.3% | -10.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.50 | 0.71 | 0.67 | |
| Avg | 0.44 | 0.67 | 0.44 | |
| Low | 0.39 | 0.62 | 0.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 63.1% | 0.3% | |
| Avg | - | 53.1% | -33.7% | |
| Low | - | 41.1% | -64.9% |
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.