BKV Corporation (BKV) AI Stock Analysis
BKV AI stock analysis summary
AI ResearchBKV Corporation is an energy company producing natural gas in Texas and Pennsylvania alongside midstream and power operations. In FY2025, revenue rebounded 48.2% to $895.6M with net income of $173.1M. The stock trades at a trailing P/E of 8.2x, while carrying $1.10B in net debt as of June 30, 2026.
- Market cap
- $2.51B
- Revenue (TTM)
- $1.05B
- P/E
- 8.2x fwd 15.8x
- 1Y return
- 12.5% S&P 500 16.8%
- Avg. target
- $34.09 48.7% vs last close
Bull case
- Analyst coverage is positive with 10 Strong Buy ratings and a mean price target of $34.09.
- Revenue expanded at a 5-year CAGR of 48.9% between FY2020 and FY2025, reaching $895.6M.
- The stock trades at a trailing P/E of 8.2x and EV-to-EBITDA of 6.5x, both lower than the US-listed Energy peer medians.
Bear case
- Free cash flow in FY2025 was negative at -$57.5M due to $300.2M in capital expenditures.
- Quarterly earnings fell 47.2% year-over-year in the three months ended June 30, 2026.
- Short interest is elevated, with short percent of float standing at 24.9%.
What BKV does
BKV Corporation produces and sells natural gas in the Barnett Shale in the Fort Worth Basin of Texas and in the Marcellus Shale in the Appalachian Basin of Northeast Pennsylvania. Beyond upstream production, the company engages in gathering, processing, and transportation of natural gas, as well as power generation and carbon capture, utilization, and sequestration activities. Founded in 2015 and based in Denver, Colorado, BKV Corporation operates as a subsidiary of Banpu North America Corporation.
Growth and profitability
BKV Corporation saw revenue rise from $889.5M in FY2021 to $1.66B in FY2022, before falling 55.5% to $739.3M in FY2023 and 18.2% to $604.5M in FY2024. In FY2025, revenue increased 48.2% to $895.6M, supported by a gross margin of 31.7% and an operating margin of 17.8%. Net income shifted from -$142.9M in FY2024 to $173.1M in FY2025. Over the trailing twelve months, revenue reached $1.05B with an operating margin of 39.5% and EPS of $2.79. For the quarter ended June 30, 2026, revenue increased 18.8% year-over-year, while quarterly earnings declined 47.2%.
Balance sheet and cash flow
As of June 30, 2026, BKV Corporation held $152.2M in cash and short-term investments against $1.25B in total debt, resulting in net debt of $1.10B. The company reported a current ratio of 1.15 and a debt-to-equity ratio of 0.54 alongside shareholders' equity of $2.30B. During FY2025, operating cash flow was $242.7M, while capital expenditures reached $300.2M, leading to free cash flow of -$57.5M.
Valuation and performance
At a share price of $22.93, BKV Corporation has a market cap of $2.51B and an enterprise value of $3.64B. The stock trades at a trailing P/E of 8.2x, below the median of its US-listed Energy peers of 15.0x, though its forward P/E of 15.8x stands above the peer median of 12.7x. Its EV-to-EBITDA multiple is 6.5x compared to the peer median of 8.0x. Over the past year, the stock gained 12.5%, lagging the S&P 500 return of 16.8%.
What analysts expect
Wall Street analysts maintain 10 Strong Buy and 1 Buy ratings on the stock, with zero Hold, Sell, or Strong Sell recommendations. The mean price target of $34.09 indicates 48.7% upside relative to the last close of $22.93. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $1.60 and revenue of $1.48B. The company beat EPS estimates in 2 of the last 4 quarters, and its next earnings date is November 5, 2026.
Key risks and what to watch
- Net debt of $1.10B significantly exceeds the cash balance of $152.2M as of June 30, 2026.
- Revenue showed past volatility, including drops of 55.5% in FY2023 and 18.2% in FY2024.
- Consensus estimates project revenue to fall 17.6% to $1.22B in the next fiscal year.
- Insider ownership of 66.2% concentrates substantial corporate control.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this BKV AI stock analysis
This page is an AI-written research summary of BKV Corporation (BKV). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: BKV income statement, BKV balance sheet, BKV key metrics, BKV analyst forecast, BKV chart. See the BKV stock overview for the latest quote and news.
BKV AI stock analysis FAQ
Does BKV Corporation pay a dividend?
BKV Corporation does not currently report a dividend payment. The company used cash flow toward capital expenditures, which were $300.2M in FY2025.
What is the consensus price target for BKV stock?
The mean analyst price target is $34.09, representing an upside of 48.7% from the last close of $22.93. All 11 analyst ratings are in the Buy or Strong Buy categories.
Who owns BKV Corporation?
Insiders own 66.2% of the company, and BKV operates as a subsidiary of Banpu North America Corporation. Institutional investors hold 43.2% of shares.
How much debt does BKV Corporation hold?
As of June 30, 2026, BKV Corporation carried $1.25B in total debt and $152.2M in cash, resulting in net debt of $1.10B. Its debt-to-equity ratio was 0.54.
When does BKV Corporation report earnings next?
The next scheduled earnings date is November 5, 2026. For the current fiscal year ending December 31, 2026, analysts estimate EPS of $1.60 on revenue of $1.48B.