GRNTGRNTEnergy · Oil & Gas E&P

GRNT Stock Forecast: Granite Ridge Resources, Inc. Price Predictions for 2026-2027

Last close, 23 Oct 2026
$5.86
+3.72% on the day

The 5 Wall Street analysts covering Granite Ridge Resources, Inc. hold a median 12-month price target of $7 — +19.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 47 of 100 as at 22 Oct 2026 — in the lower half.

Market cap
$747.9M
Ticker Nerd rank
47/ 100
Median analyst target
$7.00
Analysts covering
5
Revenue$149.3M+36.7% y/y
Operating income$48.2M
Net income$30.0M
Free cash flow−$23.3M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+7.5%
1M
+29.9%
YTD
+33.1%
1Y
+18.5%
From 52W high
0.0%
From 52W low
+48.5%
$3.95
$5.86
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

GRNT stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Granite Ridge Resources, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 22 Oct 2026
47/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
67
Quality
62
Value
58
Revisions
55
Momentum
54
Volatility
49
Size
47
Issuance
34
Growth
31

Accruals (67): Reported profit is backed by cash, and the company is not expanding recklessly.

Growth (31): Sales and profits are flat, shrinking, or growing more slowly than they were.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

GRNT stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on GRNT, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$4.00$6.00$8.00$10.00$12.00Jan 26Apr 26Jul 26Oct 26GRNTHigh $11.00Median $7.00Low $6.00

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says5 analysts
3 Buy2 Hold0 Sell
Low $6.00Median $7.00High $11.00

The green dot is the last close — the median target sits +19.5% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
8 July 2026Northland Capital MarketsInitiatesOutperform$9.00
8 May 2026Stephens & Co.MaintainsOverweight—
13 Mar 2026Freedom BrokerMaintainsHold—
13 Nov 2025Freedom BrokerDowngradeHold—
7 Mar 2025Stephens & Co.ReiteratesOverweight—
30 Sept 2024Evercore ISI GroupMaintainsIn-Line—
14 June 2024B of A SecuritiesReiteratesNeutral—
15 May 2024Roth MKMInitiatesBuy—
29 Apr 2024Evercore ISI GroupInitiatesIn-Line—
7 Nov 2023B of A SecuritiesInitiatesBuy—
27 Sept 2023Stephens & Co.InitiatesOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

GRNT appears in the Radar on the weeks it earns a place.

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Performance

GRNT vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 23 Oct 2026, Granite Ridge Resources, Inc. returned +18.5% against +14.3% for the S&P 500, dividends included.

GRNT vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120Jan 26Apr 26Jul 26Oct 26GRNTS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

GRNT analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+13.2%
Analysts raising
1
Analysts cutting
0
Fundamentals

Granite Ridge Resources, Inc. (GRNT) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
27.8×

Cheaper than 27% of US stocks

Price / sales
1.6×

Cheaper than 57% of US stocks

Price / book
1.3×

Cheaper than 59% of US stocks

EV / EBITDA
4.1×

Cheaper than 54% of US stocks

Growth & margins
Revenue growth (YoY)
37.3%

Higher than 81% of US stocks

Earnings growth (YoY)
19.6%

Higher than 58% of US stocks

Gross margin
38.4%

Higher than 47% of US stocks

Operating margin
36.5%

Higher than 90% of US stocks

Net margin
−5.8%

Higher than 23% of US stocks

Returns & dividend
Return on equity
−4.6%

Higher than 40% of US stocks

Return on assets
2.2%

Higher than 60% of US stocks

Dividend yield
7.8%

Higher than 95% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Granite Ridge Resources, Inc. (GRNT) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Granite Ridge Resources, Inc. has a market value of $747.9M and an enterprise value of $1.2B.

  • Revenue in the twelve months to 30 June 2026: $495.7M. The latest quarter grew 37.3% year on year.

  • Net income over the same four quarters: −$27.6M, a −5.6% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.21.

  • Free cash flow in the twelve months to 30 June 2026: −$102.4M, after $258.8M of capital spending.

  • Granite Ridge Resources, Inc. spent $30K on share buybacks and $57.8M on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 131.9M.

  • Trailing P/E: 27.8×; forward P/E: 6.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 7.76%, paying out 244% of earnings.

  • Granite Ridge Resources, Inc. employs 6 people — $82.6M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 22 Oct 2026

Data provided by Twelve Data

Peers

GRNT vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas E&P
CompanyMarket capTKN rank
GRNTGranite Ridge Resources, Inc.$747.9M47
VTSVitesse Energy, Inc.$751.1M40
GPRKGeoPark Ltd.$729.6M62
EGYVAALCO Energy, Inc.$655.3M39
INRInfinity Natural Resources, Inc.$877.4M33
WTIW&T Offshore, Inc.$587.2M76
TBNTamboran Resources Corp.$968.7M8

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Granite Ridge Resources, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest GRNT news & analysis

Why Granite Ridge Resources, Inc. (GRNT) Might be Well Poised for a Surge

Zacks Investment Research · 19 Oct 2026positive

Zacks Investment Research reported that Granite Ridge Resources shares have started gaining, with solid earnings estimate revisions indicating the shares might continue moving higher in the near term.

Why it matters — GRNT watchers may note the reported share momentum and positive earnings estimate revisions.

Wall Street Analysts Predict a 58.74% Upside in Granite Ridge Resources, Inc. (GRNT): Here's What You Should Know

Zacks Investment Research · 16 Oct 2026positive

Zacks reports that the consensus price target for Granite Ridge Resources implies about 58.7% upside. The excerpt cautions that this metric is not very effective, while noting that rising earnings estimate revisions could indicate near-term upside.

Why it matters — GRNT watchers may note the consensus target and estimate-revision trend, alongside the stated limitation of the target metric.

Granite Ridge Resources: Lease Operating Expenses Continue To Be A Challenge

Seeking Alpha · 13 Oct 2026negative

Granite Ridge Resources’ lease operating expenses rose to more than $10 per BOE in Q2 2026, up 33% from Q4 2025, amid higher saltwater disposal and contract labor costs. The excerpt says increased production and cost-management efforts are expected to lower per-BOE costs in the second half of 2026 and in 2027.

Why it matters — Lease operating costs affect GRNT’s per-unit expenses, while the stated efforts to reduce them could change the cost trend.

Granite Ridge Resources Schedules Third Quarter 2026 Earnings Conference Call

Business Wire · 5 Oct 2026neutral

Granite Ridge Resources announced it will report its third quarter 2026 results on Nov. 5, followed by an earnings call and webcast on Nov. 6 at 10 a.m. CT, according to a Business Wire release. The update was issued by the company from its Dallas headquarters.

Why it matters — GRNT watchers would note the scheduled dates as key near-term events for gaining insight into the company's quarterly performance through its earnings call and webcast.

Granite Ridge Resources Targets Positive Free Cash Flow by 2027

MarketBeat · 22 Aug 2026positive

Granite Ridge Resources' CFO Kyle Kettler said during a company presentation that the company is targeting a transition to positive free cash flow by 2027 while maintaining high-single-digit production growth through its operated-partnership model.

Why it matters — The announcement signals the company's expected path to stronger financial self-sufficiency and sustained production growth, a key development for investors tracking GRNT's future outlook.

FAQ

Frequently asked questions about GRNT stock

What is the GRNT stock price forecast for 2026-2027?

The 5 Wall Street analysts covering Granite Ridge Resources, Inc. have a median 12-month price target of $7, with estimates ranging from $6 to $11. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is GRNT stock a buy right now?

Of the 5 analysts covering Granite Ridge Resources, Inc., 3 rate it a Buy, 2 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Granite Ridge Resources, Inc. 47 out of 100 across roughly 4,600 US stocks as at 22 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank GRNT?

As at 22 Oct 2026, Granite Ridge Resources, Inc. ranks 47 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (67 of 100).

Will GRNT stock go up?

No one can know that. What the data says: the median 12-month target from 5 analysts implies +19.5% from the last close, and Ticker Nerd's factor model ranks Granite Ridge Resources, Inc. 47 out of 100 as at 22 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the GRNT stock forecast for 2030?

No analyst covering Granite Ridge Resources, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for GRNT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $6 to $11 over the next 12 months.

How has GRNT stock performed over the past year?

Granite Ridge Resources, Inc. returned +18.5% over the 12 months to 23 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Granite Ridge Resources, Inc. do?

Granite Ridge Resources, Inc. is a U.S.

What is the latest news on GRNT?

The most recent item we track (Zacks Investment Research, 19 Oct 2026): "Why Granite Ridge Resources, Inc. (GRNT) Might be Well Poised for a Surge". Zacks Investment Research reported that Granite Ridge Resources shares have started gaining, with solid earnings estimate revisions indicating the shares might continue moving higher in the near term.

Company

About Granite Ridge Resources, Inc.

Granite Ridge Resources, Inc. is a U.S. energy company focused on non-operated oil and natural gas exploration and production. Granite Ridge Resources builds a diversified portfolio of wells and acreage across major unconventional basins, including the Permian, Eagle Ford, Bakken, Haynesville, Denver-Julesburg, and Appalachian regions. Its business model emphasizes participation in producing assets and partnered development with established operators rather than direct drilling operations. The company serves as a vehicle for exposure to upstream energy assets, combining production interests and top-tier acreage across multiple basins to spread geographic and operational risk. Based in Dallas, Texas, Granite Ridge Resources plays a role in the U.S. oil and gas market as a scaled upstream operator with interests tied to both current production and undeveloped acreage.

CEO Mr. Tyler S. Farquharson · 6 employees · United States · https://www.graniteridge.com