BAYTEX ENERGY CORP (BTE.CA) Forecast, Price Target & Analyst Ratings

TSX:BTE • CA07317Q1054

Current stock price

5.73 CAD
+0.07 (+1.24%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for BAYTEX ENERGY CORP (BTE.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$5.05
-11.80% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 7, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.02
Revenue Estimate
320.37M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
70.67%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$5.05
Upside
-11.80%
From current price of CA$5.73 to mean target of CA$5.05, Based on 15 analyst forecasts
Low
CA$3.54
Median
CA$5.10
High
CA$6.30

Price Target Revisions

1 Month
0.00%
3 Months
1.21%

Price Target Summary

15 Wall Street analysts provided a forecast for the next 12 months for BTE.CA. The average price target is 5.05 CAD. This implies a price decrease of -11.8% is expected in the next year compared to the current price of 5.73.
The average price target has been revised upward by 1.21% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

BTE Current Analyst RatingBTE Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

BTE Historical Analyst RatingsBTE Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10

Analyst Ratings Consensus

ChartMill Buy Consensus
70.67%
BTE.CA was analyzed by 15 analysts. The buy percentage consensus is at 71. So analysts seem to be have mildly positive about BTE.CA.
In the previous month the buy percentage consensus was at a similar level.
BTE.CA was analyzed by 15 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-12-13BMO FinancialDowngrade
2022-12-09Stifel Nicolaus ResearchDowngrade Buy
2022-12-08TD ResearchDowngrade Hold
2022-12-08CIBC Capital MarketsMaintains Neutral
2022-12-08Scotiabank CapitalMaintains Sector Perform
2022-12-06STA ResearchUpgrade Underperform
2022-12-06ATB CapitalUpgrade Sector Perform
2022-11-07Stifel Nicolaus ResearchUpgrade
2022-11-07RBC RoyalbankUpgrade Sector Perform
2022-11-07National Bank of Canada FinancialInitiate Sector Perform
2022-11-04National Bank of Canada FinancialDowngrade Sector Perform
2022-11-04BMO FinancialUpgrade
2022-11-04TD ResearchUpgrade Hold
2022-11-04Scotiabank CapitalMaintains Sector Perform
2022-09-30National Bank of Canada FinancialDowngrade Outperform
2022-08-22CIBC Capital MarketsDowngrade Neutral
2022-07-28Scotiabank CapitalMaintains Sector Perform
2022-07-28Standpoint ResearchDowngrade
2022-07-18National Bank of Canada FinancialDowngrade Outperform
2022-06-17Scotiabank CapitalMaintains Sector Perform
2022-06-16National Bank of Canada FinancialUpgrade Outperform
2022-06-15CIBC Capital MarketsUpgrade Neutral
2022-06-08Scotiabank CapitalUpgrade Sector Perform
2022-05-02Raymond James CapitalInitiate Outperform
2022-05-02RBC RoyalbankUpgrade Sector Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 7, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.02
Revenue Estimate
320.37M
Revenue Q2Q
-67.94%
EPS Q2Q
-75.87%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
3.65%
EPS (1 Month)
0.00%
EPS (3 Months)
233.40%

Next Earnings Summary

BTE.CA is expected to report earnings on 5/7/2026. The consensus EPS estimate for the next earnings is 0.02 CAD and the consensus revenue estimate is 320.37M CAD.
The next earnings revenue estimate has been revised upward by 3.65% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
BTE.CA revenue by date.BTE.CA revenue by date.
2.713B
16.63%		1.613B
-40.55%		1.481B
-8.19%		1.043B
-29.57%		1.409B
35.09%		3.338B
136.91%		N/AN/A
EBITDA
YoY % growth
BTE.CA ebitda by date.BTE.CA ebitda by date.
1.691B
9.80%		1.743B
3.07%		1.491B
-14.46%		678.95M
-54.46%		713.19M
5.04%		741.17M
3.92%		724.82M
-2.21%		1.903B
162.55%
EBIT
YoY % growth
BTE.CA ebit by date.BTE.CA ebit by date.
643.188M
-32.52%		357.026M
-44.49%		226.287M
-36.62%		116.86M
-48.36%		84.436M
-27.75%		88.291M
4.57%		N/AN/A
Operating Margin
BTE.CA operating margin by date.BTE.CA operating margin by date.
23.71%22.14%15.28%11.20%5.99%2.65%N/AN/A
EPS
YoY % growth
BTE.CA eps by date.BTE.CA eps by date.
-0.15
-109.80%		0.29
293.33%		0.01
-96.55%		0.07
581.75%		0.12
70.37%		0.04
-65.04%		0.03
-26.62%		0.28
853.90%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		0.02
-75.87%		0.02
-89.90%		0.02
-49.50%		0.03
109.47%
Revenue
Q2Q % growth		320.37M
-67.94%		318.15M
-64.11%		330.07M
-55.78%		336.63M
-55.70%
EBITDA
Q2Q % growth		148.47M
-70.78%		143.42M
-80.69%		137.36M
-87.58%		136.35M
-64.26%
EBIT
Q2Q % growth		24.947M
-86.74%		26.967M
-73.25%		29.088M
-78.36%		32.017M
-34.91%

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

BTE.CA Yearly Revenue VS EstimatesBTE.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B
BTE.CA Yearly EPS VS EstimatesBTE.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 -2 -4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
59.53%
EPS Next 5 Year
95.31%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
9.09%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
11.54%
EBIT Next 5 Year
28.93%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

BAYTEX ENERGY CORP / BTE.CA Forecast FAQ

Can you provide the average price target for BAYTEX ENERGY CORP stock?

15 analysts have analysed BTE.CA and the average price target is 5.05 CAD. This implies a price decrease of -11.8% is expected in the next year compared to the current price of 5.73.

When does BAYTEX ENERGY CORP (BTE.CA) report earnings?

BAYTEX ENERGY CORP (BTE.CA) will report earnings on 2026-05-07.

Can you provide the consensus estimates for BAYTEX ENERGY CORP next earnings?

The consensus EPS estimate for the next earnings of BAYTEX ENERGY CORP (BTE.CA) is 0.02 CAD and the consensus revenue estimate is 320.37M CAD.

What is the expected long term growth rate for BAYTEX ENERGY CORP (BTE.CA)?

The expected long term growth rate for BAYTEX ENERGY CORP (BTE.CA) is 9.09%.