Granite Ridge Resources, Inc. (GRNT)
NYSE: GRNT · Real-Time Price · USD
6.52
-0.14 (-2.10%)
At close: Jun 27, 2025, 4:00 PM
6.49
-0.03 (-0.46%)
After-hours: Jun 27, 2025, 7:43 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 15.03% increase in the stock price over the next year. The lowest target is $7 and the highest is $8.
Price Target: $7.5 (+15.03%)
Analyst Consensus: Buy
* 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
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 0 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Reiterates $8 | Buy | Reiterates | $8 | +22.70% | Mar 7, 2025 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | +7.36% | Sep 30, 2024 |
| B of A Securities | B of A Securities | Hold Reiterates $7 | Hold | Reiterates | $7 | +7.36% | Jun 14, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $8.8 | Strong Buy | Initiates | $8.8 | +34.97% | May 15, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Initiates $8 | Hold | Initiates | $8 | +22.70% | Apr 29, 2024 |
Financial Forecast
Revenue This Year
467.88M
from 359.03M
Increased by 30.32%
Revenue Next Year
504.34M
from 467.88M
Increased by 7.79%
EPS This Year
0.76
from 0.14
Increased by 444.61%
EPS Next Year
0.68
from 0.76
Decreased by -11.37%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 495.2M | 526.1M | 537.6M |
| Avg | 467.9M | 504.3M | 515.6M |
| Low | 443.2M | 478.6M | 489.0M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 37.9% | 12.4% | 6.6% |
| Avg | 30.3% | 7.8% | 2.2% |
| Low | 23.4% | 2.3% | -3.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 0.97 | 0.74 | 0.62 | |
| Avg | 0.76 | 0.68 | 0.57 | |
| Low | 0.63 | 0.58 | 0.52 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 590.0% | -3.6% | -8.3% | |
| Avg | 444.6% | -11.4% | -15.5% | |
| Low | 348.0% | -24.2% | -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.