Granite Ridge Resources, Inc. (GRNT)
NYSE: GRNT · Real-Time Price · USD
4.540
+0.130 (2.95%)
Jun 26, 2026, 4:00 PM EDT - Market closed

Granite Ridge Resources Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Granite Ridge Resources stock have an average target of 7.50, with a low estimate of 5.50 and a high estimate of 11. The average target predicts an increase of 65.20% from the current stock price of 4.54.

Analyst Consensus: Hold
Target Low Average Median High
Price $5.50 $7.50 $6.00 $11
Change +21.15% +65.20% +32.16% +142.29%
* Price targets were last updated on May 11, 2026.

Analyst Ratings

The average analyst rating for Granite Ridge Resources stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 111111
Buy 000000
Hold 444433
Sell 000000
Strong Sell 000000
Total 555544

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI
Evercore ISI
Hold
Maintains
$6
Hold Maintains $6 +32.16% May 11, 2026
Stephens
Stephens
Buy
Reiterates
$11
Buy Reiterates $11 +142.29% May 8, 2026
Bank of America Securities
Bank of America Securities
Hold
Maintains
$5$5.5
Hold Maintains $5$5.5 +21.15% Apr 27, 2026
Unknown Analyst
Siebert Williams Shank & Co
No rating
Siebert Williams Shank & Co
Hold
Maintains
n/a
Hold Maintains n/a n/a Feb 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
598.50M
from 427.91M
Increased by 39.87%
Revenue Next Year
568.50M
from 598.50M
Decreased by -5.01%
EPS This Year
0.49
from 0.43
Increased by 12.79%
EPS Next Year
0.74
from 0.49
Increased by 51.55%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
273.09M470.52M369.17M359.03M427.91M598.50M568.50M
Revenue Growth
236.74%72.29%-21.54%-2.75%19.18%39.87%-5.01%
EPS
0.821.970.610.140.180.160.78
EPS Growth
-141.44%-69.04%-77.05%28.57%-11.11%387.50%
Forward PE
-----28.385.82
No. Analysts -----22
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 624.0M 606.0M
Avg 598.5M 568.5M
Low 573.0M 531.0M

Revenue Growth

Revenue Growth 202620272028
High
45.8%
1.3%
Avg
39.9%
-5.0%
Low
33.9%
-11.3%

EPS Forecast

EPS 202620272028
High 0.54 0.98
Avg 0.49 0.74
Low 0.39 0.38

EPS Growth

EPS Growth 202620272028
High
25.6%
102.1%
Avg
12.8%
51.5%
Low
-9.3%
-21.6%
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.