Greenfire Resources Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Greenfire Resources stock has a target of 10.5, which predicts an increase of 42.28% from the current stock price of 7.38.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$10.5	$10.5	$10.5	$10.5
Change	+42.28%	+42.28%	+42.28%	+42.28%

* Price targets were last updated on Jun 13, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for GFR is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '24	Nov '24
Strong Buy	0	0
Buy	1	1
Hold	0	0
Sell	0	0
Strong Sell	0	0
Total	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tariq Saad BMO Capital	BMO Capital	Buy Initiates $11	Buy	Initiates	$11	+42.28%	Jun 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

880.72M

from 652.26M

35.03%

from 652.26M

Revenue Next Year

1.21B

from 880.72M

37.50%

from 880.72M

EPS This Year

0.74

from -2.49

EPS Next Year

2.82

from 0.74

282.19%

from 0.74

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	261.13M	948.79M	652.26M	880.72M	1.21B	1.64B
Revenue Growth	-	-	263.34%	-31.25%	35.03%	37.50%	35.59%
EPS	-0.06	13.75	1.88	-2.49	0.74	2.82	2.95
EPS Growth	-	-	-86.33%	-	-	282.19%	4.66%
Forward PE	-	-	-	-	13.99	3.66	3.50
No. Analysts	-	-	-	-	2	2	2

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	915.6M	1.3B	1.7B
Avg	880.7M	1.2B	1.6B
Low	854.6M	1.2B	1.6B

Revenue Growth

Revenue Growth	2024	2025	2026
High	40.4%	43.0%	41.0%
Avg	35.0%	37.5%	35.6%
Low	31.0%	33.4%	31.5%

EPS Forecast

EPS	2024	2025	2026
High	0.77	2.93	3.07
Avg	0.74	2.82	2.95
Low	0.72	2.73	2.86

EPS Growth

EPS Growth	2024	2025	2026
High	-	297.3%	8.8%
Avg	-	282.2%	4.7%
Low	-	270.8%	1.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.