Wall Street analyst price targets, ratings consensus & upside potential
Last 12 months price action with 12-month analyst target path
As of March 1, 2026, Baytex Energy Corp. (BTE) has a Wall Street consensus price target of N/A, based on estimates from 16 covering analysts. The company has a market capitalization of $2.95B.
Analyst price targets range from a low of N/A to a high of N/A.
The current analyst consensus rating is Buy, with 10 analysts rating the stock as a Buy or Strong Buy,3 rating it Hold, and 3 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, BTE trades at a trailing P/E of 17.5x and forward P/E of 35.8x. Analysts expect EPS to grow -61.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $23.37, with bear and bull scenarios of $-45.15 and $186.33 respectively. Model confidence stands at 28/100, suggesting limited visibility into future performance.
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Start ComparisonThe consensus price target for BTE is $N/A, close to the current price of $3.84 (N/A% implied move). Based on 16 analyst estimates, the stock appears fairly valued near current levels.
BTE has a consensus rating of "Buy" based on 16 Wall Street analysts. The rating breakdown is predominantly bullish, with 10 Buy/Strong Buy ratings. The consensus 12-month price target of $N/A implies N/A% upside from current levels.
At a forward P/E of 35.7542x, BTE trades at a premium valuation. The consensus price target of $N/A (N/A% upside) suggests analysts may view current valuations as stretched.
The most bullish Wall Street analyst has a price target of $N/A for BTE, while the most conservative target is $N/A. The consensus of $N/A represents the median expectation. Our quantitative valuation model projects a bull case target of $186 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
BTE is well covered by analysts, with 16 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 10 have Buy ratings, 3 recommend Hold, and 3 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month BTE stock forecast based on 16 Wall Street analysts shows a consensus price target of $N/A, with estimates ranging from $N/A (bear case) to $N/A (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $23, with bear/bull scenarios of $-45/$186.
Our quantitative valuation model calculates BTE's fair value at $23 (base case), with a bear case of $-45 and bull case of $186. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 28/100.
BTE trades at a forward P/E ratio of 35.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 17.5x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
BTE appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $N/A target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
BTE analyst price targets range from $N/A to $N/A, a NaN% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $N/A consensus represents the middle ground. Our model's $-45-$186 range provides an independent fundamental perspective.