Granite Ridge Resources, Inc. (GRNT)
NYSE: GRNT · Real-Time Price · USD
6.20
-0.03 (-0.48%)
At close: Mar 28, 2025, 4:00 PM
6.16
-0.04 (-0.70%)
After-hours: Mar 28, 2025, 8:00 PM EDT
Granite Ridge Resources Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Granite Ridge Resources stock have an average target of 7.70, with a low estimate of 7.00 and a high estimate of 8.80. The average target predicts an increase of 24.19% from the current stock price of 6.20.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Granite Ridge Resources stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Reiterates $8 | Buy | Reiterates | $8 | +29.03% | Mar 7, 2025 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | +12.90% | Sep 30, 2024 |
| B of A Securities | B of A Securities | Hold Reiterates $7 | Hold | Reiterates | $7 | +12.90% | Jun 14, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $8.8 | Strong Buy | Initiates | $8.8 | +41.94% | May 15, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Initiates $8 | Hold | Initiates | $8 | +29.03% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
495.81M
from 359.03M
Increased by 38.10%
Revenue Next Year
553.35M
from 495.81M
Increased by 11.61%
EPS This Year
0.74
from 0.14
Increased by 428.21%
EPS Next Year
0.68
from 0.74
Decreased by -8.05%
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 526.1M | 596.4M |
| Avg | 495.8M | 553.4M |
| Low | 466.8M | 506.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 46.5% | 20.3% |
| Avg | 38.1% | 11.6% |
| Low | 30.0% | 2.2% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 0.97 | 0.76 |
| Avg | 0.74 | 0.68 |
| Low | 0.58 | 0.57 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 590.0% | 2.2% |
| Avg | 428.2% | -8.0% |
| Low | 313.0% | -23.1% |
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.