Granite Construction Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Granite Construction stock has a consensus rating of "Buy" and an average price target of $167.2. The average 1-year stock price forecast is 11.04% higher than the current stock price, while the lowest is $141 (-6.36%) and the highest is $185 (+22.86%).

Price Target: $167.2 (+11.04%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$141	$167.2	$170	$185
Change	-6.36%	+11.04%	+12.90%	+22.86%

Analyst Ratings

The average analyst rating for Granite Construction stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Jan '26	Feb '26	Apr '26	May '26
Strong Buy	3	3	3	3	2	3
Buy	0	0	0	0	0	0
Hold	0	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	4	4	4	3	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Brent Thielman Oppenheimer	Oppenheimer	Buy Initiates $170	Buy	Initiates	$170	+12.90%	May 28, 2026
Adam Bubes Goldman Sachs	Goldman Sachs	Hold Maintains $124 → $132	Hold	Maintains	$124 → $132	-12.34%	Feb 17, 2026

Financial Forecast

Revenue This Year

5.28B

from 4.42B

19.29%

from 4.42B

Revenue Next Year

5.68B

from 5.28B

7.63%

from 5.28B

EPS This Year

6.67

from 6.07

9.91%

from 6.07

EPS Next Year

7.57

from 6.67

13.53%

from 6.67

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	3.50B	3.30B	3.51B	4.01B	4.42B	5.28B
Revenue Growth	-1.70%	-5.73%	6.30%	14.20%	10.40%	19.29%
Gross Profit	362.65M	369.49M	396.40M	572.70M	711.22M	862.90M
Gross Margin	10.36%	11.19%	11.30%	14.29%	16.07%	16.35%
Operating Income	-41.72M	70.96M	56.22M	201.10M	279.44M	438.36M
Net Income	10.10M	83.30M	43.60M	126.35M	193.00M	266.53M
EPS	-	-	-	-	6.07	6.67
EPS Growth	-	-	-	-	25.93%	9.91%
Forward PE	17.41	13.81	12.12	16.60	19.29	22.57
Dividend / Share	0.52	0.52	0.52	0.52	0.52	0.52
Dividend Growth	-	-	-	-	-	-
Free Cash Flow	-289.37M	137.31M	-6.97M	183.12M	184.49M	378.52M
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	5.3B
Avg	5.3B
Low	5.2B

Revenue Growth

Revenue Growth	2026	2027	2028
High	20.2%
Avg	19.3%
Low	17.5%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	6.67
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	9.9%
Low	-