Granite Ridge Resources, Inc. (GRNT)
NYSE: GRNT · Real-Time Price · USD
5.09
+0.23 (4.73%)
Jun 1, 2026, 10:52 AM EDT - Market open

Granite Ridge Resources Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Granite Ridge Resources stock has a consensus rating of "Hold" and an average price target of $7.50. The average 1-year stock price forecast is 47.35% higher than the current stock price, while the lowest is $6.00 (+17.88%) and the highest is $11 (+116.11%).

Price Target: $7.50 (+47.35%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$6.00$7.50$6.50$11
Change+17.88%+47.35%+27.70%+116.11%

Analyst Ratings

The average analyst rating for Granite Ridge Resources stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

RatingNov '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy111111
Buy000000
Hold444443
Sell000000
Strong Sell000000
Total555554

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Evercore ISI
Evercore ISI
Hold
Maintains
$6
HoldMaintains$6+17.88%May 11, 2026
Stephens
Stephens
Buy
Reiterates
$11
BuyReiterates$11+116.11%May 8, 2026
Bank of America Securities
Bank of America Securities
Hold
Maintains
$5$5.5
HoldMaintains$5$5.5+8.06%Apr 27, 2026
Unknown Analyst
Siebert Williams Shank & Co
No rating
Siebert Williams Shank & Co
Hold
Maintains
n/a
HoldMaintainsn/an/aFeb 13, 2026

Financial Forecast

Revenue This Year
547.23M
from 427.91M
Increased by 27.89%
Revenue Next Year
573.24M
from 547.23M
Increased by 4.75%
EPS This Year
0.49
from 0.18
Increased by 173.42%
EPS Next Year
0.71
from 0.49
Increased by 44.04%
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
273.09M470.52M369.17M359.03M427.91M547.23M573.24M
Revenue Growth
236.74%72.29%-21.54%-2.75%19.18%27.89%4.75%
EPS
0.821.970.610.140.180.490.71
EPS Growth
-141.44%-69.04%-77.05%28.57%173.42%44.04%
Forward PE
-----10.347.18
No. Analysts
-----66

Revenue Forecast

Revenue202620272028
High613.2M644.7M
Avg547.2M573.2M
Low479.2M499.8M

Revenue Growth

Revenue Growth202620272028
High
43.3%
17.8%
Avg
27.9%
4.8%
Low
12.0%
-8.7%

EPS Forecast

EPS202620272028
High0.570.86
Avg0.490.71
Low0.380.37

EPS Growth

EPS Growth202620272028
High
215.0%
74.9%
Avg
173.4%
44.0%
Low
112.3%
-24.3%
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.