Granite Ridge Resources, Inc. (GRNT)
NYSE: GRNT · Real-Time Price · USD
5.26
-0.14 (-2.59%)
At close: Jul 30, 2025, 4:00 PM
5.29
+0.03 (0.57%)
After-hours: Jul 30, 2025, 7:23 PM EDT

Granite Ridge Resources Stock Forecast

Stock Price Forecast

The 2 analysts that cover Granite Ridge Resources stock have a consensus rating of "Buy" and an average price target of $7.5, which forecasts a 42.59% increase in the stock price over the next year. The lowest target is $7 and the highest is $8.

Price Target: $7.5 (+42.59%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$7.00$7.50$8.00$8.00
Change+33.08%+42.59%+52.09%+52.09%
* Price targets were last updated on Mar 7, 2025.

Analyst Ratings

The average analyst rating for Granite Ridge Resources stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingFeb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy211110
Buy011111
Hold222221
Sell000000
Strong Sell000000
Total444442

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stephens & Co.
Stephens & Co.
Buy
Reiterates
$8
BuyReiterates$8+52.09%Mar 7, 2025
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$8$7
HoldMaintains$8$7+33.08%Sep 30, 2024
B of A Securities
B of A Securities
Hold
Reiterates
$7
HoldReiterates$7+33.08%Jun 14, 2024
Roth MKM
Roth MKM
Strong Buy
Initiates
$8.8
Strong BuyInitiates$8.8+67.30%May 15, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Initiates
$8
HoldInitiates$8+52.09%Apr 29, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
474.60M
from 359.03M
Increased by 32.19%
Revenue Next Year
544.54M
from 474.60M
Increased by 14.74%
EPS This Year
0.65
from 0.14
Increased by 365.56%
EPS Next Year
0.66
from 0.65
Increased by 1.56%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
81.10M273.09M470.52M369.17M359.03M474.60M544.54M540.09M
Revenue Growth
-236.74%72.29%-21.54%-2.75%32.19%14.74%-0.82%
EPS
-0.180.821.970.610.140.650.660.74
EPS Growth
--141.44%-69.13%-76.98%365.56%1.56%11.71%
Forward PE
-----8.077.957.11
No. Analysts
-----874
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027
High525.0M587.0M574.4M
Avg474.6M544.5M540.1M
Low441.0M491.0M501.8M

Revenue Growth

Revenue Growth202520262027
High
46.2%
23.7%
5.5%
Avg
32.2%
14.7%
-0.8%
Low
22.8%
3.5%
-7.9%

EPS Forecast

EPS2025202620272028
High0.890.990.90
Avg0.650.660.74
Low0.330.330.58

EPS Growth

EPS Growth2025202620272028
High
537.5%
51.4%
36.4%
Avg
365.6%
1.6%
11.7%
Low
138.0%
-48.9%
-12.7%
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.