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Home โบ Stocks โบ Granite Ridge Resources Inc. (GRNT) Stock Forecast & Price Prediction United States | NYSE | Energy | Oil & Gas E&P
$5.10
+0.14 (2.82%)Did GRNT Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Granite Ridge is one of their latest high-conviction picks.
Based on our analysis of 7 Wall Street analysts, GRNT has a neutral consensus with a median price target of $6.00 (ranging from $5.00 to $13.00). The overall analyst rating is Buy (6.8/10). Currently trading at $5.10, the median forecast implies a 17.6% upside. This outlook is supported by 1 Buy, 4 Hold, and 0 Sell ratings.
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.
These are the latest 20 analyst ratings and price targets for GRNT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Mar 13, 2026 | Freedom Broker | Sergey Pigarev | Hold | Maintains | $6.00 |
| Nov 13, 2025 | Freedom Broker | Hold | Downgrade | $N/A | |
| 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 | $N/A |
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.
Granite Ridge Resources Inc. has a market capitalization of $672.72M with a P/E ratio of 27.5x. The company generates $427.91M in trailing twelve-month revenue with a 5.7% profit margin.
Revenue growth is +0.1% quarter-over-quarter, while maintaining an operating margin of +20.9% and return on equity of +3.9%.
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Explores and produces oil and natural gas.
The company generates revenue through the exploration and production of oil and natural gas, leveraging innovative technology and strategic partnerships to develop its resources effectively. By addressing the growing demand for energy solutions, Granite Ridge Resources Inc. plays a vital role in the energy supply chain.
Granite Ridge Resources Inc. is focused on sustainability, seeking to minimize its environmental impact while maximizing output. Its operations not only contribute to the energy market but also stimulate local economies through job creation and economic activity in North America.
Energy
Oil & Gas E&P
3
Mr. Luke C. Brandenberg
United States
2022
Granite Ridge Resources, Inc. will report Q1 2026 financial results on May 7, 2026, after market close, with a conference call scheduled for May 8, 2026, at 10:00 a.m. CT.
Granite Ridge's upcoming financial results announcement and conference call could impact stock performance, providing insights into its operational health and future guidance, influencing investor sentiment.
Granite Ridge Resources, Inc. (GRNT) has reached a key support level, with its 50-day moving average crossing above the 200-day moving average, indicating a potential bullish trend.
Granite Ridge Resources, Inc. (GRNT) showing a "golden cross" indicates potential bullish momentum, suggesting a favorable trend for price appreciation, attracting technical traders.
Granite Ridge Resources, Inc. (GRNT) held its Q4 2025 earnings call, discussing financial performance and strategic insights for investors. Further details can be accessed in the transcript.
Granite Ridge Resources' Q4 2025 earnings call provides key insights into financial performance, growth prospects, and management strategies, influencing stock valuation and investor sentiment.
Granite Ridge Resources, Inc. expects a $71 million cash burn in 2026 after dividends, with 60% oil hedging for the year and 75-80% for Q2 2026. Lease operating expenses are rising.
Granite Ridge's projected cash burn and high hedging rates indicate potential liquidity issues, despite strong oil prices. Rising lease costs could further impact profitability, affecting investor sentiment.
Investors have the opportunity to purchase yields between 6.6% and 11% at discounted prices, presenting potential for attractive returns.
High yields at discounted prices indicate potential for strong returns, attracting income-focused investors seeking value in current market conditions.
Granite Ridge Resources (NYSE: GRNT) reported a 27% production increase to 35,120 Boe/day in Q4 2025, with a net loss of $25.1M ($0.19/share) and an adjusted net income of $1.5M ($0.01/share).
Granite Ridge's production growth and oil output increase signal strong operational performance, but the reported net loss raises concerns about profitability, influencing investor sentiment and stock evaluation.
Based on our analysis of 7 Wall Street analysts, Granite Ridge Resources Inc. (GRNT) has a median price target of $6.00. The highest price target is $13.00 and the lowest is $5.00.
According to current analyst ratings, GRNT has 1 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $5.10. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict GRNT stock could reach $6.00 in the next 12 months. This represents a 17.6% increase from the current price of $5.10. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue through the exploration and production of oil and natural gas, leveraging innovative technology and strategic partnerships to develop its resources effectively. By addressing the growing demand for energy solutions, Granite Ridge Resources Inc. plays a vital role in the energy supply chain.
The highest price target for GRNT is $13.00 from at , which represents a 154.9% increase from the current price of $5.10.
The lowest price target for GRNT is $5.00 from at , which represents a -2.0% decrease from the current price of $5.10.
The overall analyst consensus for GRNT is neutral. Out of 7 Wall Street analysts, 1 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $6.00.
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.
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.