Stifel cuts target for Badger Infrastructure Solutions stock to CAD 117
Published on 10/25/2026 at 01:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUpcoming reporting calendar
- Stifel lowered its target from CAD 118.00 to CAD 117.00 on October 9, 2026.
- Second-quarter revenue reached CAD 365.33 million on July 30, 2026.
- Badger Infrastructure Solutions is scheduled to release third-quarter results on November 5, 2026.
Badger Infrastructure Solutions (CA05652B1082) carries a CAD 94.75 average analyst target, while its last TSX quote was CAD 84.06 on October 23, 2026. Markets Insider reported that Stifel lowered its target from CAD 118.00 to CAD 117.00 on October 9, 2026, while maintaining a Buy rating.
Target cut sets the latest marker
The Stifel adjustment is the most recent named analyst action in the reviewed period. The change was modest at CAD 1.00, but it places the individual target above the CAD 84.06 last TSX quote by CAD 32.94. MarketBeat reported on October 18, 2026, that seven of eight analysts held Buy recommendations and one held a Hold rating, producing the CAD 94.75 average target.
What did the latest results show?
The second-quarter operating picture supplied the fundamental counterweight. MarketBeat reported revenue of CAD 365.33 million and earnings per share of CAD 0.98 for the quarter released on July 30, 2026. The same report cited a 7.16 percent net margin, giving investors a concrete profitability measure alongside the revenue figure.
Three dated BDGI developments
On July 30, 2026, Badger reported CAD 365.33 million in quarterly revenue and CAD 0.98 in earnings per share through the results cited by MarketBeat. On September 28, 2026, the company set November 5, 2026, as the release date for its third-quarter results and said its Red Deer facility has annual capacity above 350 hydrovac units, according to Badger Infrastructure Solutions. On October 9, 2026, Stifel cut its target from CAD 118.00 to CAD 117.00, as reported by Markets Insider.
Results dates give the next catalyst
Badger expects to release its third-quarter results after markets close on November 5, 2026. The company scheduled its results conference call for November 6, 2026, at 9:00 a.m. EST, according to Badger Infrastructure Solutions.
TSX valuation ahead of results
Badger Infrastructure Solutions was last at CAD 84.06 on the TSX on October 23, 2026, at 4:00 p.m. ET. The quote stood within a CAD 59.98 to CAD 102.12 one-year range, while market capitalization was CAD 2.8 billion. The combination of the October target cut, the CAD 94.75 consensus target and the November reporting date gives the stock a defined set of reference points for the next update.
Badger Infrastructure Solutions stock facts
- Company: Badger Infrastructure Solutions Ltd.
- ISIN: CA05652B1082
- Ticker: BDGI
- Primary exchange: TSX
- Last TSX quote: CAD 84.06 (as of October 23, 2026)
- Market capitalization: CAD 2.8 billion (as of October 23, 2026)
- 52-week range: CAD 59.98-102.12 (as of October 23, 2026)
- Sector / Industry: Industrials / Engineering and Construction
Market context: Market report S&P/TSX Composite.
More news and analyses on Badger Infrastructure Solutions stock
