Granite Ridge Resources I... (GRNT)

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Our AI model analyzes fundamental, technical, and statistical indicators to predict the probability of a bullish trend over the next three months.

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

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At close: undefined

6.10

0.08%

After-hours Dec 13, 2024, 07:00 PM EST

Granite Ridge Resources Inc Forcast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for GRNT stock have an median target of 7, with a low estimate of 7 and a high estimate of 8.8. The median target predicts an increase of 14.94% from the current stock price of 6.09.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$7	$7.6	$7	$8.8
Change	14.94%	24.79%	14.94%	44.50%

AI Analyst Report

According to 3 stock analyst, the rating for Granite Ridge Resources Inc is "Hold". This means that the analyst believes this stock is likely to lead to similar returns than market as a whole.

Rating	Apr 24	May 24	Jun 24	Sep 24
Strong Buy	0	0	0	0
Buy	0	1	0	0
Hold	1	0	1	1
Sell	0	0	0	0
Strong Sell	0	0	0	0
Total	1	1	1	1

Financial Forecast this Year

Revenue This Year

390.99M

from 394.07M

-0.8%

from 394.07M

Revenue Next Year

456.03M

from 390.99M

16.6%

from 390.99M

EPS This Year

0.58

from 0.61

-4.9%

from 0.61

EPS Next Year

0.66

from 0.58

13.8%

from 0.58