Granite Ridge Resources, Inc. (GRNT)
NYSE: GRNT · Real-Time Price · USD
5.86
+0.21 (3.72%)
Oct 23, 2026, 4:00 PM EDT - Market closed
Granite Ridge Resources Stock Forecast
Stock Price Forecast
According to 5 analysts polled by S&P Global, Granite Ridge Resources stock has a consensus rating of "Buy" and an average price target of $8.20. The average 1-year stock price forecast is 39.93% higher than the current stock price, while the lowest is $6.00 (+2.39%) and the highest is $11 (+87.71%).
Price Target: $8.20 (+39.93%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Securities | Northland Securities | Buy Maintains $9 → $11 | Buy | Maintains | $9 → $11 | +87.71% | Oct 20, 2026 |
| Evercore ISI | Evercore ISI | Hold Maintains $6 | Hold | Maintains | $6 | +2.39% | Aug 10, 2026 |
| Stephens | Stephens | Buy Reiterates $11 | Buy | Reiterates | $11 | +87.71% | May 8, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $5 → $5.5 | Hold | Maintains | $5 → $5.5 | -6.14% | Apr 27, 2026 |
Financial Forecast
Revenue This Year
601.00M
from 427.91M
Increased by 40.45%
Revenue Next Year
629.97M
from 601.00M
Increased by 4.82%
EPS This Year
0.46
from 0.43
Increased by 5.81%
EPS Next Year
0.89
from 0.46
Increased by 94.51%
EPS and Forward PE are based on non-GAAP adjusted numbers.