Granite Ridge Resources, Inc. (GRNT)
NYSE: GRNT · Real-Time Price · USD
4.770
-0.020 (-0.42%)
Aug 4, 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 $7.60. The average 1-year stock price forecast is 59.33% higher than the current stock price, while the lowest is $6.00 (+25.79%) and the highest is $10 (+109.64%).

Price Target: $7.60 (+59.33%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$6.00$7.60$7.00$10
Change+25.79%+59.33%+46.75%+109.64%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy111112
Buy000000
Hold444333
Sell000000
Strong Sell000000
Total555445

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Northland Securities
Northland Securities
Buy
Initiates
$9
BuyInitiates$9+88.68%Jul 8, 2026
Evercore ISI
Evercore ISI
Hold
Maintains
$6
HoldMaintains$6+25.79%May 11, 2026
Stephens
Stephens
Buy
Reiterates
$11
BuyReiterates$11+130.61%May 8, 2026
Bank of America Securities
Bank of America Securities
Hold
Maintains
$5$5.5
HoldMaintains$5$5.5+15.30%Apr 27, 2026
Unknown Analyst
Siebert Williams Shank & Co
No rating
Siebert Williams Shank & Co
Hold
Maintains
n/a
HoldMaintainsn/an/aFeb 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
566.53M
from 427.91M
Increased by 32.40%
Revenue Next Year
563.00M
from 566.53M
Decreased by -0.62%
EPS This Year
0.42
from 0.43
Decreased by -2.79%
EPS Next Year
0.66
from 0.42
Increased by 56.94%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
273.09M470.52M369.17M359.03M427.91M566.53M
Revenue Growth
236.74%72.29%-21.54%-2.75%19.18%32.40%
Operating Income
108.57M276.82M142.63M93.52M118.10M150.25M
Net Income
108.46M262.34M81.10M18.76M24.35M3.85M
EPS
----0.430.42
EPS Growth
-----24.56%-2.79%
Forward PE
--6.7111.3211.2411.41
Dividend / Share
-0.080.440.440.440.44
Dividend Growth
--450.00%---
Free Cash Flow
-113.13M80.27M-106.56M-80.62M-162.91M-87.00M
No. Analysts
-----3
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High579.6M
Avg566.5M
Low547.0M

Revenue Growth

Revenue Growth202620272028
High
35.5%
Avg
32.4%
Low
27.8%

EPS Forecast

EPS202620272028
High0.49
Avg0.42
Low0.38

EPS Growth

EPS Growth202620272028
High
14.0%
Avg
-2.8%
Low
-11.6%