Granite Construction Incorporated (GVA)
NYSE: GVA · Real-Time Price · USD
90.67
+0.67 (0.74%)
Dec 20, 2024, 4:00 PM EST - Market closed
Granite Construction Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for GVA stock have an average target of 67, with a low estimate of 64 and a high estimate of 70. The average target predicts a decrease of -26.11% from the current stock price of 90.67.
Analyst Consensus: Hold
* Price targets were last updated on Oct 9, 2024.
Analyst Ratings
The average analyst rating for GVA stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $61 → $70 | Strong Sell | Maintains | $61 → $70 | -22.80% | Oct 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $55 → $61 | Strong Sell | Maintains | $55 → $61 | -32.72% | Aug 2, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $44 → $50 | Strong Sell | Maintains | $44 → $50 | -44.85% | Apr 16, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $64 | Strong Buy | Maintains | $64 | -29.41% | Mar 11, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $60 → $64 | Strong Buy | Maintains | $60 → $64 | -29.41% | Feb 27, 2024 |
Financial Forecast
Revenue This Year
4.02B
from 3.51B
Increased by 14.59%
Revenue Next Year
4.30B
from 4.02B
Increased by 6.86%
EPS This Year
3.65
from 0.97
Increased by 274.18%
EPS Next Year
5.40
from 3.65
Increased by 48.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.2B | 4.5B | 4.8B |
| Avg | 4.0B | 4.3B | 4.6B |
| Low | 3.9B | 4.1B | 4.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.6% | 12.0% | 11.3% |
| Avg | 14.6% | 6.9% | 6.0% |
| Low | 10.1% | 2.4% | 1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.85 | 5.96 | 7.40 |
| Avg | 3.65 | 5.40 | 6.60 |
| Low | 2.89 | 4.90 | 6.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 397.8% | 63.6% | 37.1% |
| Avg | 274.2% | 48.1% | 22.2% |
| Low | 196.7% | 34.4% | 12.7% |
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.