GRANITE RIDGE RESOURCES INC (GRNT) Forecast, Price Target & Analyst Ratings

NYSE:GRNT • US3874321074

Current stock price

6.01 USD
-0.02 (-0.33%)
At close:
6.01 USD
0 (0%)
After Hours:

Analyst forecast overview

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

Price Target
$7.14
+ 18.80% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 7, 2026
Period
Q1 / 2026
EPS Estimate
$0.11
Revenue Estimate
128.18M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
76.67%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$7.14
Upside
+ 18.80%
From current price of $6.01 to mean target of $7.14, Based on 12 analyst forecasts
Low
$5.05
Median
$6.63
High
$9.45

Price Target Revisions

1 Month
2.44%
3 Months
1.20%

Price Target Summary

12 Wall Street analysts provided a forecast for the next 12 months for GRNT. The average price target is 7.14 USD. This implies a price increase of 18.8% is expected in the next year compared to the current price of 6.01.
The average price target has been revised upward by 1.2% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

GRNT Current Analyst RatingGRNT Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

GRNT Historical Analyst RatingsGRNT Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

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.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-03-07Stephens & Co.Reiterate Overweight -> Overweight
2024-09-30Evercore ISI GroupMaintains In-Line -> In-Line
2024-06-14B of A SecuritiesReiterate Neutral
2024-05-15Roth MKMInitiate Buy
2024-04-29Evercore ISI GroupInitiate In-Line
2023-11-07B of A SecuritiesInitiate Buy
2023-09-27Stephens & Co.Initiate Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 7, 2026
Period
Q1 / 2026
EPS Estimate
$0.11
Revenue Estimate
128.18M
Revenue Q2Q
4.27%
EPS Q2Q
-49.93%
Number of Analysts
7

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.33%
EPS (1 Month)
1.89%
EPS (3 Months)
11.11%

Next Earnings Summary

GRNT is expected to report earnings on 5/7/2026. The consensus EPS estimate for the next earnings is 0.11 USD and the consensus revenue estimate is 128.18M USD.
The next earnings revenue estimate has been revised upward by 0.33% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2028

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
GRNT revenue by date.GRNT revenue by date.
394.069M
-20.78%		380.03M
-3.56%		450.306M
18.49%		547.61M
21.61%		543.19M
-0.81%		594.66M
9.48%
EBITDA
YoY % growth
GRNT ebitda by date.GRNT ebitda by date.
277.921M
-31.86%		271.913M
-2.16%		306.84M
12.84%		390.14M
27.15%		395.32M
1.33%		437.58M
10.69%
EBIT
YoY % growth
GRNT ebit by date.GRNT ebit by date.
117.259M
-61.19%		95.384M
-18.66%		91.139M
-4.45%		178.32M
95.66%		147.07M
-17.52%		218.28M
48.42%
Operating Margin
GRNT operating margin by date.GRNT operating margin by date.
29.76%25.10%20.24%32.56%27.08%36.71%
EPS
YoY % growth
GRNT eps by date.GRNT eps by date.
0.81
-57.07%		0.56
-30.86%		0.43
-23.21%		0.62
44.70%		0.64
2.30%		0.82
29.01%

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		0.11
-49.93%		0.08
-23.96%		0.12
31.47%		0.16
1,532.00%		0.17
52.78%		0.15
76.83%		0.16
33.62%		0.17
6.25%
Revenue
Q2Q % growth		128.18M
4.27%		119.49M
9.40%		125.32M
11.23%		132.13M
25.26%		140.76M
9.81%		134.64M
12.68%		139.74M
11.51%		144.84M
9.62%
EBITDA
Q2Q % growth		87.312M
-3.90%		79.027M
-35.54%		86.697M
-51.13%		95.026M
-57.60%		99.79M
14.29%		97.988M
23.99%		100.4M
15.81%		103.63M
9.05%
EBIT
Q2Q % growth		30.753M
-27.49%		25.337M
22.19%		28.897M
47.52%		34.68M
312.86%		41.82M
35.99%		22.44M
-11.43%		25.5M
-11.76%		41.82M
20.59%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

GRNT Yearly Revenue VS EstimatesGRNT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 100M 200M 300M 400M 500M
GRNT Yearly EPS VS EstimatesGRNT Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 0.5 1 1.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
24.06%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
7.25%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
53.77%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

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 7.14 USD. This implies a price increase of 18.8% is expected in the next year compared to the current price of 6.01.

When does GRANITE RIDGE RESOURCES INC (GRNT) report earnings?

GRANITE RIDGE RESOURCES INC (GRNT) will report earnings on 2026-05-07.

What are the consensus estimates for GRNT stock next earnings?

The consensus EPS estimate for the next earnings of GRANITE RIDGE RESOURCES INC (GRNT) is 0.11 USD and the consensus revenue estimate is 128.18M USD.

What is the consensus rating for GRNT stock?

The consensus rating for GRANITE RIDGE RESOURCES INC (GRNT) is 76.6667 / 100 . This indicates that analysts generally have a positive outlook on the stock.