Granite Ridge Resources (GRNT) Stock: Buy, Sell, or Hold?
GRNT - Granite Ridge Resources, Inc.
$5.67
0.01 (0.18%)
▲
5d:
+14.78%
30d:
+24.62%
90d:
+15.01%
WAIT
LOW Confidence
Analysis Updated: Oct 21, 2026 12:00 AM ET
Earnings: Nov 05, 2026
13d
Get Alerted When GRNT Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
📊 MIXED SIGNALS: GRNT shows conflicting indicators. Wait for confirmation before entering.
📊 MIXED SIGNALS: GRNT shows conflicting indicators. Wait for confirmation before entering.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$13.05
Based on 14.5% avg growth
INTRINSIC VALUE TODAY
$8.10
30.0% Margin of Safety
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 8.1x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: GRNT is currently trading at $5.67, which is considered extended relative to its 30-day fair value range of $4.42 to $5.25. From a valuation perspective, the stock is trading at a discount (Forward PE: 6.8) compared to its historical average (8.1). Remarkably, the market is currently pricing in an annual earnings decline of 5.3% over the next few years. This pessimistic expectation contrasts with the company's recent 19.7% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, GRNT is in a uptrend. The price is approaching resistance at $5.82. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: GRNT scores 0/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $7.80 (+37.6%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, GRNT is in a uptrend. The price is approaching resistance at $5.82. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: GRNT scores 0/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $7.80 (+37.6%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$4.42 -
$5.25
Company Quality Score
38/100
(SELL)
Volume Confirmation
HIGH
Confidence Score
23.8%
All Signals
- BEARISH: Price extended above range (+8.0% above its trading range)
- BEARISH: Weak technical setup (0/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 37.6% below Wall St target ($7.80)
- WARNING: Composite score 38/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$4.42 -
$5.25
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$4.69
Resistance Level
$5.82
Current Trend
Uptrend
Technical data as of
Oct 21, 2026
Fundamental Context
Forward P/E (Next Year Est.)
6.85
Wall Street Target
$7.80
(+37.6%)
Revenue Growth (YoY)
37.3%
Earnings Growth (YoY)
19.7%
Profit Margin
-5.8%
Valuation Discount vs History
-5.3% cheaper
PE vs Historical
6.9 vs 8.1
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-5.3%
(market-implied from PE analysis)
1-Year Target
$5.37
(-5%)
2-Year Target
$5.08
(-10%)
3-Year Target
$4.82
(-15%)
3-Yr Target (if PE normalizes)
(PE: 7→8)
$5.69
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 19.9, Growth: 80.9%)
$55.47
(+878%)
Base:
(SPY PE: 6.9, Growth: 80.9%)
$19.14
(+238%)
Bear:
(PE: 5.8, Growth: 80.9%)
$16.27
(+187%)
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 6.9 to 8.1
Stabilization Target:
$6.70
(+18.2%)
PE Expansion Potential:
+18.2%
Share & Embed Analysis
Last updated: October 22, 2026 9:36 AM ET
Data refreshes hourly during market hours. Next update: 10:36 AM
Data refreshes hourly during market hours. Next update: 10:36 AM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is GRNT showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Oil & Gas E&P Stocks
Top-rated stocks in Oil & Gas E&P by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
DVN
Devon Energy Corporation |
STRONG BUY
29 analysts |
$61 | 45 HOLD |
|
FANG
Diamondback Energy Inc |
STRONG BUY
32 analysts |
$237 | 40 SELL |
|
EXE
Expand Energy Corporation |
STRONG BUY
29 analysts |
$123 | 42 HOLD |
|
CTRA
Coterra Energy Inc |
STRONG BUY
26 analysts |
$37 | 53 HOLD |
|
EQT
EQT Corporation |
STRONG BUY
27 analysts |
$67 | 37 SELL |
