Baytex Energy stock: BMO sets CAD 8.00 target for Baytex Energy stock

Published on 10/22/2026 at 19:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit rose to CAD 174.87 million from CAD 151.55 million. Baytex Energy stock was CAD 7.45 on October 22, 2026, down 1.72 percent on TSX.

Analyst view and earnings date

BMO Capital set a CAD 8.00 target for Baytex Energy on October 16, 2026.
Second-quarter profit reached CAD 174.87 million, versus CAD 151.55 million a year earlier.
Baytex Energy stock stood at CAD 7.45 on October 22, 2026, down 1.72 percent on the TSX.

BTE, CA07317Q1054, Illustration mit AI erstellt.

Baytex Energy Corp. (CA07317Q1054) received a CAD 8.00 price target from BMO Capital on October 16, 2026, while its second-quarter profit rose year over year. Markets Insider reported that analyst Jeremy Mccrea maintained a Buy rating and set the target at CAD 8.00. Baytex Energy shares on the TSX stood at CAD 7.45 on October 22, 2026 at 1:44 p.m. ET, down 1.72 percent from the prior close.

Profit improved in the second quarter

Baytex reported revenue of CAD 549.57 million and net profit of CAD 174.87 million for the quarter ended June 30, 2026. Revenue was down from CAD 886.58 million a year earlier, while profit increased from CAD 151.55 million, according to Markets Insider. The result gives the analyst target a recent operating backdrop, although the revenue comparison was weaker.

Stock sits below its yearly high

The TSX quote of CAD 7.45 was CAD 0.27 below Baytex's 52-week high of CAD 7.72 and CAD 4.31 above its low of CAD 3.14 on October 22, 2026. The company had a market capitalization of CAD 5.2 billion and trading volume of 3,246,773 shares at the same market snapshot. The New York Stock Exchange and Toronto Stock Exchange list Baytex under BTE, as stated on the company's investor page.

November 5 earnings date

Baytex Energy is scheduled to report third-quarter 2026 results on November 5, 2026, with the announcement expected after the market close, according to MarketBeat. That date gives investors the next defined checkpoint for production, revenue and earnings per share.

Analyst target stays above the quote

BMO's CAD 8.00 target was 7.38 percent above the TSX price of CAD 7.45 on October 22, 2026. The comparison uses the same Canadian-dollar quotation and does not combine the target with the euro indication from Lang & Schwarz.

Euro indication after the Xetra session

Baytex Energy was quoted at EUR 4.74 at Lang & Schwarz on October 22, 2026 at 7:39 p.m. CEST. The euro quotation has no Xetra closing comparison in this report. The further course of trading is shown by the continuously updated real-time quote of Baytex Energy stock.