Baytex Energy Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Baytex Energy stock have an average target of 5.01, with a low estimate of 4.24 and a high estimate of 6.00. The average target predicts an increase of 25.56% from the current stock price of 3.99.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$4.24	$5.01	$4.94	$6.00
Change	+6.27%	+25.56%	+23.81%	+50.38%

Analyst Ratings

The average analyst rating for Baytex Energy stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	1	1	1	3	3	3
Buy	3	3	3	3	3	3
Hold	7	6	6	4	4	4
Sell	0	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	11	11	11	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Dennis Fong CIBC	CIBC	Hold Maintains $4.59 → $5.12	Hold	Maintains	$4.59 → $5.12	+28.30%	Jun 1, 2026
Kevin Fisk Scotiabank	Scotiabank	Buy Maintains $4.59 → $5.3	Buy	Maintains	$4.59 → $5.3	+32.72%	May 8, 2026
Amir Arif ATB Cormark Capital Markets	ATB Cormark Capital Markets	Hold Maintains $4.94 → $6	Hold	Maintains	$4.94 → $6	+50.41%	May 8, 2026
Gregory Pardy RBC Capital	RBC Capital	Hold Maintains $4.59 → $4.94	Hold	Maintains	$4.59 → $4.94	+23.87%	May 8, 2026
Menno Hulshof TD Cowen	TD Cowen	Hold Maintains $4.24 → $4.59	Hold	Maintains	$4.24 → $4.59	+15.02%	May 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.84B

from 1.48B

24.44%

from 1.48B

Revenue Next Year

1.58B

from 1.84B

-14.30%

from 1.84B

EPS This Year

0.38

from 0.07

458.82%

from 0.07

EPS Next Year

0.37

from 0.38

-2.63%

from 0.38

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.53B	2.33B	2.71B	1.61B	1.48B	1.84B	1.58B
Revenue Growth	88.37%	52.13%	16.63%	-40.55%	-8.19%	24.44%	-14.30%
EPS	2.82	1.52	-0.33	0.29	-0.79	0.38	0.25
EPS Growth	-	-46.10%	-	-	-	-	-34.21%
Forward PE	-	-	-	-	-	14.90	22.65
No. Analysts	-	-	-	-	-	3	4

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

Revenue Forecast

Revenue	2026	2027
High	2.0B	1.8B
Avg	1.8B	1.6B
Low	1.6B	1.3B

Revenue Growth

Revenue Growth	2026	2027
High	32.5%	-2.0%
Avg	24.4%	-14.3%
Low	11.2%	-29.7%

EPS Forecast

EPS	2026	2027
High	0.38	0.38
Avg	0.38	0.37
Low	0.38	0.36

EPS Growth

EPS Growth	2026	2027
High	458.8%	-
Avg	458.8%	-2.6%
Low	458.8%	-5.3%

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.