Granite Construction Incorporated (GVA)

Granite Construction Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Granite Construction stock has a target of 70, which predicts a decrease of -6.91% from the current stock price of 75.20.

Analyst Consensus: Strong Sell

Target	Low	Average	Median	High
Price	$70	$70	$70	$70
Change	-6.91%	-6.91%	-6.91%	-6.91%

* Price targets were last updated on Oct 9, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Granite Construction is "Strong Sell". This means that the analyst believes this stock is likely to have very poor returns in the near future.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	1	1	0
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	2	2	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jerry Revich Goldman Sachs	Goldman Sachs	Strong Sell Maintains $61 → $70	Strong Sell	Maintains	$61 → $70	-6.91%	Oct 9, 2024
Jerry Revich Goldman Sachs	Goldman Sachs	Strong Sell Maintains $55 → $61	Strong Sell	Maintains	$55 → $61	-18.88%	Aug 2, 2024
Jerry Revich Goldman Sachs	Goldman Sachs	Strong Sell Maintains $44 → $50	Strong Sell	Maintains	$44 → $50	-33.51%	Apr 16, 2024
Brent Thielman DA Davidson	DA Davidson	Strong Buy Maintains $64	Strong Buy	Maintains	$64	-14.89%	Mar 11, 2024
Brent Thielman DA Davidson	DA Davidson	Strong Buy Maintains $60 → $64	Strong Buy	Maintains	$60 → $64	-14.89%	Feb 27, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

4.33B

Increased by 8.05%

from 4.01B

Revenue Next Year

4.59B

Increased by 6.10%

from 4.33B

EPS This Year

5.42

Increased by 106.39%

from 2.62

EPS Next Year

6.56

Increased by 21.20%

from 5.42

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.56B	3.50B	3.30B	3.51B	4.01B	4.33B	4.59B	4.75B
Revenue Growth	22.22%	-1.70%	-5.73%	6.30%	14.20%	8.05%	6.10%	3.35%
EPS	-3.18	0.21	1.70	0.97	2.62	5.42	6.56	7.33
EPS Growth	-	-	711.69%	-42.83%	169.33%	106.39%	21.20%	11.70%
Forward PE	-	-	-	-	-	13.88	11.46	10.26
No. Analysts	-	-	-	-	-	5	5	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	4.5B	4.8B	4.9B
Avg	4.3B	4.6B	4.7B
Low	4.2B	4.4B	4.6B

Revenue Growth

Revenue Growth	2025	2026	2027
High	12.7%	11.3%	7.4%
Avg	8.0%	6.1%	3.4%
Low	4.3%	1.3%	0.3%

EPS Forecast

EPS	2025	2026	2027
High	5.84	7.32	7.62
Avg	5.42	6.56	7.33
Low	4.90	5.88	7.11

EPS Growth

EPS Growth	2025	2026	2027
High	122.5%	35.1%	16.1%
Avg	106.4%	21.2%	11.7%
Low	86.7%	8.6%	8.4%

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 disclaimer.