15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 3 firms covering Granite Ridge Resources Inc, 2 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $6.00 to $11.00, a moderate spread. The average target of $8.67 sits 90% above the current $4.55. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 0 to 2 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.15 next quarter toward $0.64 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS3 ratings
Moderate Buy
Strong Buy00%
Buy267%
Hold133%
Sell00%
Strong Sell00%
Based on 3 analysts giving stock ratings to Granite Ridge Resources Inc.
As of Jul, 2 of 3 firms rate GRNT a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
GRNT EPS & revenue forecast
EPS · NEXT QUARTER
$0.15
Range $0.11 – $0.19 · 5 analysts · +62% YoY
Next period, 5 analysts expect Granite Ridge Resources Inc to earn $0.15 a share (range $0.11 – $0.19), versus $0.09 a year earlier. Full-year consensus is $0.40, growing to $0.64 the year after.
REVENUE · NEXT QUARTER
$141.5M
Range $130.0M – $156.0M · 5 analysts · +26% YoY
Revenue is expected to reach $141.5M (range $130.0M – $156.0M), +25.6% year-over-year. Full-year consensus is $557.3M, rising to $558.0M next year.
Top analysts covering Granite Ridge Resources Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on GRNT.
#1
MS
Mike Scialla
Stephens & Co.
Buy
$11.00+141.5% to target
Coverage
—
+ Follow
#2
JG
Jeff Grampp
Northland Capital Markets
Buy
$9.00+97.6% to target
Coverage
—
+ Follow
#3
SP
Sergey Pigarev
Freedom Broker
Hold
$6.00+31.7% to target
Coverage
—
+ Follow
#4
JM
John M. White
Roth MKM
Buy
$8.80+93.2% to target
Coverage
—
+ Follow
#5
Stephen Richardson
Evercore ISI Group
Hold
$7.00+53.7% to target
Coverage
—
+ Follow
GRNT stock forecast FAQ
What is GRNT's average 12-month price target?+
The 3 analysts with a live target average $8.67 for Granite Ridge Resources Inc over the next 12 months, ranging from a $11.00 high to a $6.00 low.
Is GRNT stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 3 analyst ratings, 2 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for GRNT?+
The Street-high target is $11.00 (Stephens & Co.), and the Street-low is $6.00 (Freedom Broker). The average of all 3 active targets is $8.67.
How many Wall Street analysts cover GRNT?+
3 analysts have an active rating on Granite Ridge Resources Inc, and 3 firms carry a live 12-month price target.
Who is the most accurate analyst covering GRNT?+
Among analysts who currently cover GRNT, Mike Scialla of Stephens & Co. has the strongest overall Quantellect track record. Their current call is Buy with a $11.00 target.
What is Granite Ridge Resources Inc's projected EPS for next quarter?+
The consensus estimate is $0.15 per share (range $0.11 – $0.19) across 5 analysts. Full-year EPS is projected at $0.40, rising to $0.64 the following year.
How much revenue is Granite Ridge Resources Inc expected to report next quarter?+
Consensus revenue is $141.5M (range $130.0M – $156.0M). Full-year revenue is projected at $557.3M, growing to $558.0M next year.
Have analysts been upgrading or downgrading GRNT lately?+
As of Jul, 2 of 3 firms rate GRNT a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their GRNT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
