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
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 0 | 0 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 1 | 1 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Maintains $12 → $11 | Buy | Maintains | $12 → $11 | +109.52% | May 8, 2026 |
| Freedom Broker | Freedom Broker | Hold Maintains $7 → $6 | Hold | Maintains | $7 → $6 | +14.29% | Mar 13, 2026 |
| Freedom Broker | Freedom Broker | Strong Buy → Hold Downgrades $7.8 → $7 | Strong Buy → Hold | Downgrades | $7.8 → $7 | +33.33% | Nov 13, 2025 |
| Freedom Broker | Freedom Broker | Strong Buy Initiates $7.8 | Strong Buy | Initiates | $7.8 | +48.57% | Sep 11, 2025 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $8 | Buy | Reiterates | $8 | +52.38% | Mar 7, 2025 |
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%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 657.3M | 667.8M | |
| Avg | 579.9M | 571.8M | |
| Low | 479.2M | 499.8M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 53.6% | 15.2% | |
| Avg | 35.5% | -1.4% | |
| Low | 12.0% | -13.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.92 | 1.25 | |
| Avg | 0.69 | 0.80 | |
| Low | 0.43 | 0.45 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| 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.