GRNT Logo

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

Home โ€บ Stocks โ€บ United States | NYSE | Energy | Oil & Gas E&P

$5.10

+0.14 (2.82%)

GRNT Stock Forecast 2026-2027

$5.10
Current Price
$672.72M
Market Cap
5 Ratings
Buy 1
Hold 4
Sell 0
Wall St Analyst Ratings

Distance to GRNT Price Targets

+154.9%
To High Target of $13.00
+17.6%
To Median Target of $6.00
-2.0%
To Low Target of $5.00

GRNT Price Momentum

-4.7%
1 Week Change
-7.1%
1 Month Change
+6.7%
1 Year Change
+8.5%
Year-to-Date Change
-24.1%
From 52W High of $6.72
+22.0%
From 52W Low of $4.18
๐Ÿ“Š TOP ANALYST CALLS

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.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Latest GRNT Stock Price Targets & Analyst Predictions

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.

GRNT Analyst Ratings

1
Buy
4
Hold
0
Sell

GRNT Price Target Range

Low
$5.00
Average
$6.00
High
$13.00
Current: $5.10

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 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

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.

Granite Ridge Resources Inc. (GRNT) Financial Data

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%.

Valuation Metrics

Market Cap $672.72M
Enterprise Value $1.01B
P/E Ratio 27.5x
PEG Ratio 0.2x
Price/Sales 1.5x

Growth & Margins

Revenue Growth (YoY) +0.1%
Gross Margin +15.6%
Operating Margin +20.9%
Net Margin +5.7%
EPS Growth -0.8%

Financial Health

Cash/Price Ratio +3.8%
Current Ratio 1.2x
Debt/Equity 63.6x
ROE +3.9%
ROA +6.7%
๐Ÿ’ก SKIP THE NOISE

97% of Analyst Ratings Go Nowhere

We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ€” tracked and updated every Monday and Thursday.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Granite Ridge Resources Inc. logo

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, 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.

Additional Information

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.

Company Information

Sector

Energy

Industry

Oil & Gas E&P

Employees

3

CEO

Mr. Luke C. Brandenberg

Country

United States

IPO Year

2022

Granite Ridge Resources Inc. (GRNT) Latest News & Analysis

Latest News

GRNT stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: Business Wire
Market Sentiment: Neutral
GRNT stock latest news image
Quick Summary

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.

Why It Matters

Granite Ridge Resources, Inc. (GRNT) showing a "golden cross" indicates potential bullish momentum, suggesting a favorable trend for price appreciation, attracting technical traders.

Source: Zacks Investment Research
Market Sentiment: Positive
GRNT stock latest news image
Quick Summary

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.

Why It Matters

Granite Ridge Resources' Q4 2025 earnings call provides key insights into financial performance, growth prospects, and management strategies, influencing stock valuation and investor sentiment.

Source: Seeking Alpha
Market Sentiment: Neutral
GRNT stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: Seeking Alpha
Market Sentiment: Positive
GRNT stock latest news image
Quick Summary

Investors have the opportunity to purchase yields between 6.6% and 11% at discounted prices, presenting potential for attractive returns.

Why It Matters

High yields at discounted prices indicate potential for strong returns, attracting income-focused investors seeking value in current market conditions.

Source: Forbes
Market Sentiment: Positive
GRNT stock latest news image
Quick Summary

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).

Why It Matters

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.

Source: Business Wire
Market Sentiment: Neutral

Frequently Asked Questions About GRNT Stock

What is Granite Ridge Resources Inc.'s (GRNT) stock forecast for 2026?

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.

Is GRNT stock a good investment in 2026?

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.

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 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.

What is Granite Ridge Resources Inc.'s business model?

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.

What is the highest forecasted price for GRNT Granite Ridge Resources Inc.?

The highest price target for GRNT is $13.00 from at , which represents a 154.9% increase from the current price of $5.10.

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 -2.0% decrease from the current price of $5.10.

What is the overall GRNT consensus from analysts for Granite Ridge Resources Inc.?

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.

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: April 22, 2026 9:27 AM UTC
Serious About Growing Your Portfolio?

We highlight 2 high-upside stocks each month – no fluff.

Missedย NVDA?
Donโ€™t Miss the Next One.

Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ€” for free.