Baytex Energy Corp. (BTE) Price Target Analysis
Analyst Rating: Buy
Based on 16 analystsNo Target Data
BTE trades at Wall Street's consensus target of —.
Current Price$3.98
Average Target—
Low—
Median—
High—
Analyst Target Range
Forward P/E9.1x
(Value)
PEG Ratio—
Implied Growth+143.9%
(High Growth)
Analyst Spread—
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes BTE achieves its forward estimates and maintains a stable P/E multiple of 9.1x. This scenario reflects the blended consensus of 16 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
BTE Price Target Analysis
Updated June 22, 2026As of June 22, 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 -7.2x and forward P/E of 9.1x. Analysts expect EPS to grow +143.9% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Energy stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+51.4%
Industry Consensus
Avg Forward P/E
19.5x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 CVECenovus Energy Inc. | $47.4B | $25.16 | $29.00 | +15.3% | Hold | 5.5x | 27 |
 MEGMontrose Environmental Group, Inc. | $566M | $15.64 | $49.33 | +215.4% | Buy | 122.1x | 12 |
 CIVICivitas Resources, Inc. | $2.3B | $27.38 | $33.00 | +20.5% | Hold | 6.8x | 16 |
 VTLEVital Energy, Inc. | $693M | $17.92 | $45.71 | +155.1% | Hold | 4.0x | 36 |
 SMSM Energy Company | $3.1B | $27.14 | $35.20 | +29.7% | Buy | 3.5x | 54 |
 SUSuncor Energy Inc. | $65.7B | $55.33 | $71.00 | +28.3% | Buy | 6.1x | 31 |
 CNQCanadian Natural Resources Limited | $85.6B | $41.05 | $35.00 | -14.7% | Buy | 6.8x | 37 |
 OVVOvintiv Inc. | $14.7B | $52.41 | $65.75 | +25.5% | Buy | 6.6x | 26 |
 SLBSLB N.V. | $72.2B | $48.09 | $60.46 | +25.7% | Buy | 18.6x | 66 |
 HALHalliburton Company | $29.2B | $34.93 | $39.64 | +13.5% | Buy | 14.8x | 64 |
BTE — Frequently Asked Questions
Quick answers to the most common questions about buying BTE stock.
What is the BTE stock price target for 2026?
The consensus price target for BTE is $N/A, close to the current price of $3.98 (N/A% implied move). Based on 16 analyst estimates, the stock appears fairly valued near current levels.
Is BTE a buy, sell, or hold?
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.
Is BTE stock overvalued or undervalued?
With a forward P/E of 9.1494x, BTE trades at a relatively low valuation. The consensus target of $N/A implies N/A% appreciation, suggesting the market may be pricing in risks.
How high can BTE stock go?
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. These targets typically reflect 12-month expectations.
How many analysts cover BTE stock?
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.
What is the BTE stock forecast?
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".
What is BTE's forward P/E ratio?
BTE trades at a forward P/E ratio of 9.1x based on next-twelve-months earnings estimates. 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.
Should I buy BTE stock?
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.
Why do BTE price targets vary so much?
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.
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