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GRNT Stock Forecast 2025-2026
$5.54
Current Price
$721.12M
Market Cap
Buy 2
Hold 3
Sell 0
Wall St Analyst Ratings
Distance to GRNT Price Targets
+62.5%
To High Target of $9.00
+8.3%
To Median Target of $6.00
-9.7%
To Low Target of $5.00
GRNT Price Momentum
-1.9%
1 Week Change
+13.5%
1 Month Change
-15.7%
1 Year Change
-14.2%
Year-to-Date Change
-22.0%
From 52W High of $7.10
+22.6%
From 52W Low of $4.52
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Latest GRNT Stock Price Targets & Analyst Predictions
Based on our analysis of 5 Wall Street analysts, GRNT has a neutral consensus with a median price target of $6.00 (ranging from $5.00 to $9.00). The overall analyst rating is Buy (7.2/10). Currently trading at $5.54, the median forecast implies a 8.3% upside. This outlook is supported by 2 Buy, 3 Hold, and 0 Sell ratings.
The most optimistic forecast comes from John Abbott at B of A Securities, projecting a 62.5% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
GRNT Analyst Ratings
2
Buy
3
Hold
0
Sell
GRNT Price Target Range
Low
$5.00
Average
$6.00
High
$9.00
Current: $5.54
Latest GRNT Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for GRNT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Mar 7, 2025 | Stephens & Co. | Mike Scialla | Overweight | Reiterates | $8.00 |
| Sep 30, 2024 | Evercore ISI Group | Stephen Richardson | In-Line | Maintains | $7.00 |
| Jun 14, 2024 | B of A Securities | Noah Hungness | Neutral | Reiterates | $7.00 |
| May 15, 2024 | Roth MKM | John White | Buy | Initiates | $8.80 |
| Apr 29, 2024 | Evercore ISI Group | Stephen Richardson | In-Line | Initiates | $8.00 |
| Nov 7, 2023 | B of A Securities | John Abbott | Buy | Initiates | $9.00 |
| Sep 27, 2023 | Stephens & Co. | Mike Scialla | Overweight | Initiates | $0.00 |
Granite Ridge Resources Inc. (GRNT) Competitors
The following stocks are similar to Granite Ridge based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
GRNT
Granite Ridge
mkt cap
726.26M
Granite Ridge Resources Inc. (GRNT) Financial Data
Granite Ridge Resources Inc. has a market capitalization of $721.12M with a P/E ratio of 61.1x. The company generates $390.66M in trailing twelve-month revenue with a 3.2% profit margin.
Revenue growth is +37.4% quarter-over-quarter, while maintaining an operating margin of +23.7% and return on equity of +1.9%.
Valuation Metrics
Market Cap
$721.12M
Enterprise Value
$939.76M
P/E Ratio
61.1x
PEG Ratio
9.3x
Price/Sales
1.8x
Growth & Margins
Revenue Growth (YoY)
+37.4%
Gross Margin
+40.6%
Operating Margin
+23.7%
Net Margin
+3.2%
EPS Growth
-39.5%
Financial Health
Cash/Price Ratio
+5.2%
Current Ratio
1.2x
Debt/Equity
39.6x
ROE
+1.9%
ROA
+6.4%
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Granite Ridge Resources Inc. (GRNT) Business Model
About Granite Ridge Resources Inc.
What They Do
Explores and produces oil and natural gas.
Business Model
The company generates revenue through the exploration and production of oil and natural gas resources, leveraging innovative technology and strategic partnerships to enhance its operational efficiency. This dual approach allows Granite Ridge Resources Inc. to meet the growing energy demand while navigating industry challenges.
Additional Information
Granite Ridge Resources Inc. is committed to sustainability, actively seeking methods to reduce its environmental impact while increasing output. Based in North America, its operations contribute to local economies by providing job opportunities and supporting the energy supply chain, which is vital for various sectors like transportation and manufacturing.
Company Information
Sector
Energy
Industry
Oil & Gas E&P
Employees
3
CEO
Mr. Luke C. Brandenberg
Country
United States
IPO Year
2022
Website
www.graniteridge.comGranite Ridge Resources Inc. (GRNT) Latest News & Analysis
Latest News
Quick Summary
Granite Ridge Resources, Inc. (NYSE:GRNT) will hold its Q1 2025 earnings conference call on May 9, 2025, at 11:00 AM ET, featuring company executives and financial analysts.
Why It Matters
The earnings call will provide insights into Granite Ridge Resources' financial performance, strategic direction, and potential impacts on stock valuation, crucial for investment decisions.
Source: Seeking Alpha
Market Sentiment:
Neutral
Granite Ridge Resources, Inc. Reports First Quarter 2025 Results and Declares Quarterly Cash Dividend
15 days ago
Quick Summary
Granite Ridge Resources reported a 23% increase in daily production to 29,245 Boe per day in Q1 2025. Net income was $9.8 million, down from $16.2 million in Q1 2024.
Why It Matters
Granite Ridge's significant production growth indicates operational strength, but declining net income per share raises concerns about profitability. This could impact stock performance and investor sentiment.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Granite Ridge Resources, Inc. (GRNT) reported Q3 earnings of $0.22 per share, exceeding the Zacks Consensus Estimate of $0.20 and up from $0.12 per share a year prior.
Why It Matters
Granite Ridge's earnings beat expectations and show significant year-over-year growth, indicating strong financial performance that could boost investor confidence and drive stock price.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Granite Ridge Resources, Inc. (GRNT) has a strong earnings surprise history and favorable conditions suggesting a potential earnings beat in its upcoming quarterly report.
Why It Matters
Granite Ridge Resources' strong earnings surprise history and favorable indicators suggest potential for exceeding expectations in its upcoming report, which may boost investor confidence and stock price.
Source: Zacks Investment Research
Market Sentiment:
Positive
Granite Ridge Resources, Inc. (GRNT) Reports Next Week: Wall Street Expects Earnings Growth
22 days ago
Quick Summary
Granite Ridge Resources, Inc. (GRNT) may not meet expectations for an earnings beat in its upcoming report, lacking two key factors typically associated with such outcomes.
Why It Matters
Granite Ridge Resources may underperform in its earnings report, potentially leading to a decline in stock price and affecting investor confidence and market sentiment.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Granite Ridge Resources, Inc. projects 2025 production at 29,000 BOEPD (52% oil), reflecting low-to-mid single-digit growth. They anticipate a $74 million cash burn after dividends at current prices.
Why It Matters
Granite Ridge's projected low production growth and significant cash burn signal potential operational challenges, impacting future profitability and stock performance.
Source: Seeking Alpha
Market Sentiment:
Negative
Frequently Asked Questions About GRNT Stock
What is Granite Ridge Resources Inc.'s (GRNT) stock forecast for 2025?
Based on our analysis of 5 Wall Street analysts, Granite Ridge Resources Inc. (GRNT) has a median price target of $6.00. The highest price target is $9.00 and the lowest is $5.00.
Is GRNT stock a good investment in 2025?
According to current analyst ratings, GRNT has 2 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $5.54. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for GRNT stock?
Wall Street analysts predict GRNT stock could reach $6.00 in the next 12 months. This represents a 8.3% increase from the current price of $5.54. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Granite Ridge Resources Inc.'s business model?
The company generates revenue through the exploration and production of oil and natural gas resources, leveraging innovative technology and strategic partnerships to enhance its operational efficiency. This dual approach allows Granite Ridge Resources Inc. to meet the growing energy demand while navigating industry challenges.
What is the highest forecasted price for GRNT Granite Ridge Resources Inc.?
The highest price target for GRNT is $9.00 from John Abbott at B of A Securities, which represents a 62.5% increase from the current price of $5.54.
What is the lowest forecasted price for GRNT Granite Ridge Resources Inc.?
The lowest price target for GRNT is $5.00 from at , which represents a -9.7% decrease from the current price of $5.54.
What is the overall GRNT consensus from analysts for Granite Ridge Resources Inc.?
The overall analyst consensus for GRNT is neutral. Out of 5 Wall Street analysts, 2 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $6.00.
How accurate are GRNT stock price projections?
Stock price projections, including those for Granite Ridge Resources Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: May 24, 2025 7:21 AM UTC