GRANITE RIDGE RESOURCES INC (GRNT) Forecast, Price Target & Analyst Ratings
NYSE:GRNT • US3874321074
5.12 USD
+0.05 (+0.99%)
At close: Mar 12, 2026
5.19 USD
+0.07 (+1.37%)
After Hours: 3/12/2026, 8:04:00 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for GRANITE RIDGE RESOURCES INC (GRNT).
Forecast Snapshot
Consensus Price Target
$6.97
+ 36.13% Upside
Next Earnings Forecast
Release DateMay 18, 2026
PeriodQ1 / 2026
EPS Estimate$0.10
Revenue Estimate127.76M
ChartMill Buy Consensus
76.67%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$6.97
Upside
+ 36.13%
From current price of $5.12 to mean target of $6.97, Based on 12 analyst forecasts
Low
$5.05
Median
$6.63
High
$9.45
Price Target Revisions
1 Month
0.00%
3 Months
-1.21%
Price Target Summary
12 Wall Street analysts provided a forecast for the next 12 months for GRNT. The average price target is 6.97 USD. This implies a price increase of 36.13% is expected in the next year compared to the current price of 5.12.
The average price target has been revised downward by 1.21% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
76.67%
GRNT was analyzed by 12 analysts. The buy percentage consensus is at 77. So analysts seem to be have mildly positive about GRNT.
In the previous month the buy percentage consensus was at a similar level.
GRNT was analyzed by 12 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2025-03-07 | Stephens & Co. | Reiterate | Overweight -> Overweight |
| 2024-09-30 | Evercore ISI Group | Maintains | In-Line -> In-Line |
| 2024-06-14 | B of A Securities | Reiterate | Neutral |
| 2024-05-15 | Roth MKM | Initiate | Buy |
| 2024-04-29 | Evercore ISI Group | Initiate | In-Line |
| 2023-11-07 | B of A Securities | Initiate | Buy |
| 2023-09-27 | Stephens & Co. | Initiate | Overweight |
Next Earnings Forecast Details
Next Earnings Details
Release DateMay 18, 2026
PeriodQ1 / 2026
EPS Estimate$0.10
Revenue Estimate127.76M
Revenue Q2Q3.93%
EPS Q2Q-52.34%
Number of Analysts7
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
-0.50%
EPS (1 Month)
-16.07%
EPS (3 Months)
-16.81%
Next Earnings Summary
GRNT is expected to report earnings on 5/18/2026. The consensus EPS estimate for the next earnings is 0.1 USD and the consensus revenue estimate is 127.76M USD.
The next earnings revenue estimate has been revised downward by 0.5% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 394.069M -20.78% | 380.03M -3.56% | 450.306M 18.49% | 497.9M 10.57% | 541.11M 8.68% | 538.56M -0.47% | |
| EBITDA YoY % growth | 277.921M -31.86% | 271.913M -2.16% | 306.84M 12.84% | 355.67M 15.91% | 385.82M 8.48% | 426.36M 10.51% | |
| EBIT YoY % growth | 117.259M -61.19% | 95.384M -18.66% | 91.139M -4.45% | 86.838M -4.72% | 107.1M 23.33% | 136.68M 27.62% | |
| Operating Margin | 29.76% | 25.10% | 20.24% | 17.44% | 19.79% | 25.38% | |
| EPS YoY % growth | 0.81 -57.07% | 0.56 -30.86% | N/A -2.74% | 0.51 -5.90% | 0.57 10.45% | 0.53 -6.31% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | Q1 / 27 | Q2 / 27 | Q3 / 27 | Q4 / 27 | |
|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.10 -52.34% | 0.09 -16.55% | 0.11 20.13% | 0.13 1,157.97% | 0.11 7.00% | 0.07 -22.22% | 0.08 -24.53% | 0.10 -18.92% |
| Revenue Q2Q % growth | 127.76M 3.93% | 126.58M 15.90% | 133.03M 18.07% | 142.29M 34.89% | 143.31M 12.17% | 137.7M 8.78% | 143.31M 7.73% | 149.43M 5.02% |
| EBITDA Q2Q % growth | 88.925M -2.13% | 89.633M -26.89% | 93.979M -47.02% | 100.47M -55.17% | 102.34M 15.09% | 99.28M 10.76% | 101.66M 8.17% | 102.68M 2.20% |
| EBIT Q2Q % growth | 31.586M -25.53% | 29.23M 40.97% | 32.633M 66.59% | 38.76M 361.43% | 39.27M 24.33% | 31.62M 8.18% | 35.19M 7.84% | 38.76M |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
0.36%
EPS Next 5 Year
-1.35%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
12.37%
Revenue Next 5 Year
9.01%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
56.64%
EBIT Next 5 Year
N/A
GRANITE RIDGE RESOURCES INC / GRNT Forecast FAQ
What do analysts expect the price target to be for GRANITE RIDGE RESOURCES INC (GRNT)?
12 analysts have analysed GRNT and the average price target is 6.97 USD. This implies a price increase of 36.13% is expected in the next year compared to the current price of 5.12.
When does GRANITE RIDGE RESOURCES INC (GRNT) report earnings?
GRANITE RIDGE RESOURCES INC (GRNT) will report earnings on 2026-05-18.
Can you provide the consensus estimates for GRANITE RIDGE RESOURCES INC next earnings?
The consensus EPS estimate for the next earnings of GRANITE RIDGE RESOURCES INC (GRNT) is 0.1 USD and the consensus revenue estimate is 127.76M USD.
Can you provide the analyst count for GRANITE RIDGE RESOURCES INC stock?
The number of analysts covering GRANITE RIDGE RESOURCES INC (GRNT) is 12.