5.94
price down icon1.00%   -0.06
after-market After Hours: 6.15 0.21 +3.54%
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Granite Ridge Resources Inc Stock (GRNT) Forecast

The Granite Ridge Resources Inc (GRNT) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $7.9069, representing a +33.11% increase from the current price of $5.94. The highest analyst price target is $9.3164, and the lowest is $6.4974.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month GRNT Price Target
Average 7.8855 (+32.75% Upside)
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Is Granite Ridge Resources Inc (GRNT) A Buy Now?

Oscillators
Name Value Action
RSI(14) 40.13 Neutral
STOCH(9,6) 25.19 Neutral
STOCHRSI(14) 20.77 Neutral
MACD(12,26) -0.0789 Sell
ADX(14) 18.09 Neutral
William %R -83.58 Buy
CCI(14) -100.60 Sell
Buy: 1 Sell: 2 Neutral: 4
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
6.166
Sell
6.0909
Sell
MA20
6.111
Sell
6.1555
Sell
MA50
6.3282
Sell
6.2694
Sell
MA100
6.3821
Sell
6.3222
Sell
MA200
6.2417
Sell
6.3654
Sell
Buy: 0 Sell: 10 Neutral: 0
Summary: Sell
According to our latest analysis, GRNT could be considered a Strong Sell, with 17 technical analysis indicators signaling 1 Buy signals, 12 signaling Sell signals and 4 Neutral signals. This might not be a good time to consider opening new positions on GRNT, as trading bearish markets can be challenging and may result in losses.
  1. RSI (Relative Strength Index): The RSI(14) value of 40.13 indicates that GRNT is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 25.19 indicates that GRNT is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 20.77 indicates that GRNT is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 18.09 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -100.6 indicates that GRNT is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.

Long-term GRNT price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Granite Ridge Resources Inc financial reports and earnings history, Granite Ridge Resources Inc (GRNT) stock could reach $14.03 by 2030, $20.79 by 2040 and $31.26 by 2050. See the projected annual prices until 2050 of the Granite Ridge Resources Inc stock below:

  • Granite Ridge Resources Inc (GRNT) is expected to reach an average price of $16.92 in 2035, with a high prediction of $17.52 and a low estimate of $15.83. This indicates an $184.91% rise from the last recorded price of $5.94.
  • Granite Ridge Resources Inc (GRNT) stock is projected to chart a bullish course in 2040, with an average price target of $20.66, representing an $247.89% surge from its current level. The forecast ranges from a conservative $19.03 to a sky-high $20.79.
  • Our analysts predict Granite Ridge Resources Inc (GRNT) to jump 358.24% by 2045, soaring from $26.34 to an average price of $27.22, potentially reaching $27.23. While $26.34 is the low estimate, the potential upside is significant.
  • Granite Ridge Resources Inc (GRNT) stock is expected to climb by 2050, reaching an average of $30.76, a $417.85% jump from its current level. However, a wide range of estimates exists, with high and low targets of $31.26 and $30.29, respectively, highlighting the market's uncertainty.

Granite Ridge Resources Inc Stock (GRNT) Year by Year Forecast

Granite Ridge Resources Inc Stock (GRNT) Price Forecast for 2024

Our forecast for GRNT stock price in 2024 now indicates an average price target of $7.2582 with a high forecast of $9.3164 and a low forecast of $5.20. The average prediction reflects an increase of +22.19% from the last recorded price of $5.94.
Month Average Low High Change from today's price
November, 2024 $6.9374 $6.4974 $9.3164 +16.79%
December, 2024 $7.4609 $6.7608 $7.6242 +25.60%

Granite Ridge Resources Inc Stock (GRNT) Price Forecast for 2025

Granite Ridge Resources Inc Stock (GRNT) is expected to reach an average price of $7.9977 in 2025, with a high prediction of $9.5408 and a low estimate of $6.4546. This indicates an +34.64% rise from the last recorded price of $5.94.
Month Average Low High Change from today's price
January, 2025 $7.1977 $7.0177 $7.8342 +21.17%
February, 2025 $7.2311 $7.1378 $7.5894 +21.74%
March, 2025 $7.2646 $6.9245 $7.6512 +22.30%
April, 2025 $6.7414 $6.4546 $7.5479 +13.49%
May, 2025 $7.4248 $6.5581 $7.4998 +25.00%
June, 2025 $7.5382 $7.0649 $7.5715 +26.91%
July, 2025 $8.145 $7.4016 $8.2617 +37.12%
August, 2025 $7.38 $7.14 $8.1584 +24.24%
September, 2025 $8.5269 $7.0017 $8.7284 +43.55%
October, 2025 $7.5505 $7.2338 $8.6403 +27.11%
November, 2025 $8.2974 $7.4572 $9.0039 +39.69%
December, 2025 $8.901 $8.1441 $9.5408 +49.85%

Granite Ridge Resources Inc Stock (GRNT) Price Forecast for 2026

The predicted value for Granite Ridge Resources Inc (GRNT) in 2026 is set at an average of $9.0893. Estimates vary from a peak of $10.49 to a trough of $7.6849, indicating an +53.02% surge from the present price of $5.94.
Month Average Low High Change from today's price
January, 2026 $9.3578 $8.7977 $9.9228 +57.54%
February, 2026 $9.7547 $9.2146 $10.49 +64.22%
March, 2026 $8.2716 $7.6849 $10.44 +39.25%
April, 2026 $8.5152 $8.095 $9.0385 +43.35%
May, 2026 $8.6621 $8.2354 $8.8586 +45.83%
June, 2026 $8.429 $8.159 $8.8138 +41.90%
July, 2026 $7.9426 $7.8026 $8.8924 +33.71%
August, 2026 $7.9594 $7.7093 $8.1577 +34.00%
September, 2026 $8.803 $7.8262 $8.853 +48.20%
October, 2026 $9.0899 $8.3498 $9.0999 +53.03%
November, 2026 $9.2468 $8.9268 $9.5634 +55.67%
December, 2026 $9.1602 $8.0951 $9.8252 +54.21%

Granite Ridge Resources Inc Stock (GRNT) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Granite Ridge Resources Inc (GRNT) is $10.01, with a high forecast of $11.67 and a low forecast of $8.3506. This indicates an +68.53% increase from the last price of $5.94.
Month Average Low High Change from today's price
January, 2027 $9.0105 $8.6804 $9.7505 +51.69%
February, 2027 $9.2708 $8.3506 $9.6508 +56.07%
March, 2027 $10.21 $8.8309 $10.68 +71.91%
April, 2027 $10.44 $9.5913 $10.85 +75.78%
May, 2027 $11.47 $10.36 $11.52 +93.13%
June, 2027 $11.05 $10.80 $11.67 +86.06%
July, 2027 $9.5126 $8.8723 $10.86 +60.14%
August, 2027 $9.7929 $9.5126 $10.24 +64.86%
September, 2027 $9.5933 $9.453 $10.07 +61.50%
October, 2027 $9.9636 $9.3934 $10.13 +67.74%
November, 2027 $9.0539 $8.9639 $10.12 +52.42%
December, 2027 $9.9843 $9.024 $10.02 +68.09%

Granite Ridge Resources Inc Stock (GRNT) Price Forecast for 2028

In 2028, Granite Ridge Resources Inc (GRNT) is projected to reach an average price of $11.02, with a high projection of $12.85 and a low estimate of $9.1884. This indicates an +85.50% rise from the last price of $5.94.
Month Average Low High Change from today's price
January, 2028 $9.7746 $9.6346 $10.13 +64.56%
February, 2028 $10.59 $9.6947 $10.63 +78.37%
March, 2028 $10.50 $10.13 $10.87 +76.69%
April, 2028 $10.32 $9.1884 $10.92 +73.74%
May, 2028 $9.6175 $9.4675 $10.86 +61.91%
June, 2028 $10.45 $9.551 $11.26 +75.95%
July, 2028 $11.21 $10.16 $11.82 +88.64%
August, 2028 $11.93 $11.00 $12.12 +100.88%
September, 2028 $12.71 $11.55 $12.76 +113.91%
October, 2028 $10.50 $10.06 $12.85 +76.76%
November, 2028 $11.07 $10.33 $11.45 +86.31%
December, 2028 $10.85 $10.67 $11.29 +82.67%

Granite Ridge Resources Inc Stock (GRNT) Price Forecast for 2029

The 2029 price forecast for Granite Ridge Resources Inc Stock (GRNT) is $11.82 on average, with a high prediction of $13.41 and a low estimate of $10.22. This represents an +98.93% increase from the previous price of $5.94.
Month Average Low High Change from today's price
January, 2029 $10.90 $10.63 $11.26 +83.47%
February, 2029 $10.81 $10.77 $11.37 +82.01%
March, 2029 $10.53 $10.22 $10.81 +77.20%
April, 2029 $11.25 $10.36 $11.32 +89.38%
May, 2029 $11.51 $10.92 $11.65 +93.71%
June, 2029 $12.06 $11.35 $12.17 +103.03%
July, 2029 $10.65 $10.41 $12.08 +79.29%
August, 2029 $11.00 $10.28 $12.02 +85.25%
September, 2029 $10.91 $10.58 $11.97 +83.69%
October, 2029 $12.27 $10.83 $12.83 +106.48%
November, 2029 $12.35 $11.88 $12.96 +107.95%
December, 2029 $12.85 $12.26 $13.41 +116.32%

Granite Ridge Resources Inc Stock (GRNT) Price Forecast for 2030

Granite Ridge Resources Inc Stock (GRNT) is expected to reach an average price of $12.64 in 2030, with a high forecast of $14.03 and a low forecast of $11.25. This signifies an +112.74% surge from the last price of $5.94.
Month Average Low High Change from today's price
January, 2030 $13.56 $12.72 $14.03 +128.34%
February, 2030 $12.07 $11.25 $13.99 +103.21%
March, 2030 $12.14 $11.69 $12.65 +104.34%
April, 2030 $12.33 $11.89 $12.50 +107.49%
May, 2030 $12.36 $11.86 $12.49 +108.07%
June, 2030 $11.70 $11.56 $12.62 +96.91%
July, 2030 $11.85 $11.47 $11.94 +99.50%
August, 2030 $12.65 $11.87 $12.70 +112.92%
September, 2030 $12.97 $12.20 $12.98 +118.43%
October, 2030 $13.08 $12.85 $13.47 +120.18%
November, 2030 $12.45 $11.38 $13.12 +109.60%
December, 2030 $12.34 $12.00 $13.08 +107.76%
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