Granite Ridge Resources, Inc. (GRNT)
NYSE: GRNT · Real-Time Price · USD
5.25
+0.25 (5.00%)
At close: May 11, 2026, 4:00 PM EDT
5.28
+0.03 (0.57%)
Pre-market: May 12, 2026, 5:06 AM 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 $8.50, which forecasts a 61.90% increase in the stock price over the next year. The lowest target is $6.00 and the highest is $11.

Price Target: $8.50 (+61.90%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$6.00$8.50$11$11
Change+14.29%+61.90%+109.52%+109.52%

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

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy000000
Buy111001
Hold111111
Sell000000
Strong Sell000000
Total222112

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stephens & Co.
Stephens & Co.
Buy
Maintains
$12$11
BuyMaintains$12$11+109.52%May 8, 2026
Freedom Broker
Freedom Broker
Hold
Maintains
$7$6
HoldMaintains$7$6+14.29%Mar 13, 2026
Freedom Broker
Freedom Broker
Hold
Downgrades
$7.8$7
HoldDowngrades$7.8$7+33.33%Nov 13, 2025
Freedom Broker
Freedom Broker
Strong Buy
Initiates
$7.8
Strong BuyInitiates$7.8+48.57%Sep 11, 2025
Stephens & Co.
Stephens & Co.
Buy
Reiterates
$8
BuyReiterates$8+52.38%Mar 7, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
579.93M
from 427.91M
Increased by 35.53%
Revenue Next Year
571.75M
from 579.93M
Decreased by -1.41%
EPS This Year
0.69
from 0.18
Increased by 285.33%
EPS Next Year
0.80
from 0.69
Increased by 15.29%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
273.09M470.52M369.17M359.03M427.91M579.93M571.75M
Revenue Growth
236.74%72.29%-21.54%-2.75%19.18%35.53%-1.41%
EPS
0.821.970.610.140.180.690.80
EPS Growth
-141.44%-69.04%-77.05%28.57%285.33%15.29%
Forward PE
-----7.576.57
No. Analysts
-----77
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202620272028
High657.3M667.8M
Avg579.9M571.8M
Low479.2M499.8M

Revenue Growth

Revenue Growth202620272028
High
53.6%
15.2%
Avg
35.5%
-1.4%
Low
12.0%
-13.8%

EPS Forecast

EPS202620272028
High0.921.25
Avg0.690.80
Low0.430.45

EPS Growth

EPS Growth202620272028
High
413.3%
80.1%
Avg
285.3%
15.3%
Low
139.6%
-35.0%
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 sources.