Granite Construction (GVA) Stock Forecast, Price Target & Predictions
GVA Stock Forecast
Granite Construction stock forecast is as follows: an average price target of $70.00 (represents a -22.80% downside from GVA’s last price of $90.67) and
GVA Price Target
Granite Construction Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 02, 2024 | Brent Thielman | D.A. Davidson | $70.00 | $59.39 | 17.86% | -22.80% |
The latest Granite Construction stock forecast, released on May 02, 2024 by Brent Thielman from D.A. Davidson, set a price target of $70.00, which represents a 17.86% increase from the stock price at the time of the forecast ($59.39), and a -22.80% decrease from GVA last price ($90.67).
Granite Construction Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $70.00 |
| Last Closing Price | $90.67 | $90.67 | $90.67 |
| Upside/Downside | -100.00% | -100.00% | -22.80% |
In the current month, the average price target of Granite Construction stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Granite Construction's last price of $90.67. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Granite Construction Financial Forecast
Granite Construction Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $1.12B | $898.55M | $560.07M | $789.21M | $1.01B | $768.29M | $547.59M | $683.20M | $1.06B | $964.17M | $669.91M | $945.57M | $1.07B | $915.77M | $635.93M | $820.96M | $1.09B | $789.54M | $619.80M | $563.38M | $468.40M |
| Avg Forecast | $973.15M | $1.38B | $1.16B | $705.95M | $949.86M | $1.29B | $1.01B | $666.61M | $838.89M | $1.08B | $924.09M | $648.10M | $732.21M | $983.66M | $819.76M | $542.66M | $960.70M | $1.14B | $962.67M | $659.34M | $865.51M | $1.14B | $833.00M | $633.13M | $915.65M | $1.16B | $911.82M | $640.04M | $679.97M | $163.94M |
| High Forecast | $1.02B | $1.44B | $1.21B | $727.62M | $1.00B | $1.30B | $1.01B | $696.14M | $876.04M | $1.11B | $965.02M | $676.80M | $764.64M | $983.66M | $819.76M | $542.66M | $960.70M | $1.14B | $962.67M | $659.34M | $865.51M | $1.14B | $833.00M | $633.13M | $915.65M | $1.16B | $911.82M | $640.04M | $815.96M | $196.73M |
| Low Forecast | $938.78M | $1.33B | $1.12B | $684.28M | $913.06M | $1.27B | $1.01B | $643.07M | $809.27M | $1.06B | $891.46M | $625.21M | $706.35M | $983.66M | $819.76M | $542.66M | $960.70M | $1.14B | $962.67M | $659.34M | $865.51M | $1.14B | $833.00M | $633.13M | $915.65M | $1.16B | $911.82M | $640.04M | $543.97M | $131.15M |
| # Analysts | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 2 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.03% | 0.97% | 0.86% | 1.08% | 1.03% | 0.94% | 1.01% | 0.71% | 0.93% | 1.00% | 1.02% | 1.09% | 0.94% | 1.10% | 1.00% | 0.90% | 0.94% | 0.87% | 0.97% | 0.83% | 2.86% |
Granite Construction's average Quarter revenue forecast for Dec 23 based on 2 analysts is $838.89M, with a low forecast of $809.27M, and a high forecast of $876.04M. GVA's average Quarter revenue forecast represents a -24.89% decrease compared to the company's last Quarter revenue of $1.12B (Sep 23).
Granite Construction EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 2 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | $73.82M | $28.86M | $-14.65M | $25.29M | $93.76M | $18.70M | $-1.27M | $23.69M | $77.23M | $103.86M | $-58.69M | $47.49M | $-46.09M | $36.99M | $-75.09M | $5.70M | $28.80M | $-125.44M | $-39.73M | $-13.12M | $-33.54M |
| Avg Forecast | $24.73M | $35.08M | $29.55M | $17.94M | $24.14M | $32.70M | $25.63M | $2.88M | $21.32M | $27.46M | $23.48M | $2.28M | $75.68M | $34.24M | $28.54M | $1.80M | $33.45M | $39.59M | $33.51M | $-37.12M | $30.13M | $39.53M | $29.00M | $22.04M | $31.88M | $40.37M | $31.74M | $-60.78M | $-15.37M | $-28.75M |
| High Forecast | $25.82M | $36.63M | $30.86M | $18.49M | $25.45M | $33.03M | $25.63M | $3.46M | $22.26M | $28.10M | $24.52M | $2.74M | $90.82M | $34.24M | $28.54M | $2.16M | $33.45M | $39.59M | $33.51M | $-29.70M | $30.13M | $39.53M | $29.00M | $22.04M | $31.88M | $40.37M | $31.74M | $-48.62M | $-12.29M | $-23.00M |
| Low Forecast | $23.86M | $33.84M | $28.51M | $17.39M | $23.20M | $32.37M | $25.63M | $2.31M | $20.56M | $26.94M | $22.65M | $1.82M | $60.55M | $34.24M | $28.54M | $1.44M | $33.45M | $39.59M | $33.51M | $-44.54M | $30.13M | $39.53M | $29.00M | $22.04M | $31.88M | $40.37M | $31.74M | $-72.94M | $-18.44M | $-34.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | 2.69% | 1.23% | -6.43% | 0.33% | 2.74% | 0.66% | -0.70% | 0.71% | 1.95% | 3.10% | 1.58% | 1.58% | -1.17% | 1.28% | -3.41% | 0.18% | 0.71% | -3.95% | 0.65% | 0.85% | 1.17% |
2 analysts predict GVA's average Quarter EBITDA for Dec 23 to be $21.32M, with a high of $22.26M and a low of $20.56M. This is -71.12% lower than Granite Construction's previous annual EBITDA (Sep 23) of $73.82M.
Granite Construction Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 2 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | $57.62M | $-23.85M | $-25.77M | $22.05M | $73.39M | $-2.95M | $-15.92M | $-406.00K | $35.04M | $54.46M | $-66.19M | $8.01M | $-91.16M | $3.40M | $-65.37M | $165.66K | $20.49M | $-97.84M | $-34.57M | $-11.42M | $-23.79M |
| Avg Forecast | $66.50M | $127.60M | $96.53M | $-27.06M | $63.19M | $122.71M | $69.47M | $-18.28M | $45.03M | $74.36M | $50.53M | $-14.45M | $-42.20M | $49.04M | $32.69M | $-11.42M | $18.85M | $50.79M | $27.24M | $-41.87M | $25.84M | $64.33M | $20.56M | $-38.49M | $17.93M | $70.79M | $-1.81M | $-52.90M | $-13.38M | $-20.39M |
| High Forecast | $70.33M | $134.95M | $102.09M | $-25.49M | $66.83M | $125.50M | $69.89M | $-14.62M | $47.63M | $87.18M | $53.44M | $-11.56M | $-33.76M | $49.04M | $32.69M | $-9.14M | $18.85M | $50.79M | $27.24M | $-33.49M | $25.84M | $64.33M | $20.56M | $-38.49M | $17.93M | $70.79M | $-1.81M | $-42.32M | $-10.70M | $-16.31M |
| Low Forecast | $63.45M | $121.74M | $92.10M | $-28.62M | $60.29M | $119.93M | $69.06M | $-21.93M | $42.97M | $63.08M | $48.21M | $-17.34M | $-50.64M | $49.04M | $32.69M | $-13.70M | $18.85M | $50.79M | $27.24M | $-50.24M | $25.84M | $64.33M | $20.56M | $-38.49M | $17.93M | $70.79M | $-1.81M | $-63.48M | $-16.06M | $-24.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.77% | -0.47% | 1.78% | -0.52% | 1.50% | -0.09% | 1.39% | -0.02% | 0.69% | 2.00% | 1.58% | 0.31% | -1.42% | 0.17% | 1.70% | 0.01% | 0.29% | 54.08% | 0.65% | 0.85% | 1.17% |
Granite Construction's average Quarter net income forecast for Dec 23 is $45.03M, with a range of $42.97M to $47.63M. GVA's average Quarter net income forecast represents a -21.85% decrease compared to the company's last Quarter net income of $57.62M (Sep 23).
Granite Construction SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 2 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | $74.79M | $64.56M | $73.12M | $80.57M | $61.80M | $53.16M | $58.50M | $62.21M | $77.60M | $74.07M | $75.73M | $100.75M | $82.50M | $91.68M | $78.38M | $48.20M | $73.42M | $70.00M | $81.16M | $61.25M | $61.84M |
| Avg Forecast | $84.82M | $120.32M | $101.36M | $61.53M | $82.79M | $112.16M | $87.90M | $82.63M | $73.12M | $94.19M | $80.55M | $65.32M | $198.72M | $85.74M | $71.45M | $51.64M | $83.74M | $99.11M | $83.91M | $47.90M | $75.44M | $98.97M | $72.61M | $55.19M | $79.81M | $101.07M | $79.48M | $124.17M | $71.75M | $53.00M |
| High Forecast | $88.58M | $125.65M | $105.85M | $63.42M | $87.30M | $113.30M | $87.90M | $99.16M | $76.36M | $96.39M | $84.11M | $78.38M | $238.46M | $85.74M | $71.45M | $61.96M | $83.74M | $99.11M | $83.91M | $57.48M | $75.44M | $98.97M | $72.61M | $55.19M | $79.81M | $101.07M | $79.48M | $149.00M | $86.10M | $63.60M |
| Low Forecast | $81.83M | $116.08M | $97.78M | $59.64M | $79.58M | $111.02M | $87.90M | $66.10M | $70.54M | $92.42M | $77.70M | $52.26M | $158.98M | $85.74M | $71.45M | $41.31M | $83.74M | $99.11M | $83.91M | $38.32M | $75.44M | $98.97M | $72.61M | $55.19M | $79.81M | $101.07M | $79.48M | $99.33M | $57.40M | $42.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.79% | 0.80% | 1.12% | 0.41% | 0.72% | 0.74% | 1.13% | 0.74% | 0.78% | 0.88% | 1.58% | 1.34% | 0.83% | 1.26% | 1.42% | 0.60% | 0.73% | 0.88% | 0.65% | 0.85% | 1.17% |
Granite Construction's average Quarter SG&A projection for Dec 23 is $73.12M, based on 2 Wall Street analysts, with a range of $70.54M to $76.36M. The forecast indicates a -2.24% fall compared to GVA last annual SG&A of $74.79M (Sep 23).
Granite Construction EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 3 | 1 | 1 | 2 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 8 | 8 | 9 | 12 | 7 | 7 | 8 | 16 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | $1.31 | $-0.54 | $-0.59 | $0.50 | $1.67 | $-0.07 | $-0.35 | $-0.01 | $0.76 | $1.19 | $-1.45 | $0.18 | $-2.00 | $0.07 | $-1.44 | - | $0.44 | $-2.09 | $-0.74 | $-0.29 | $-0.60 |
| Avg Forecast | $1.27 | $2.44 | $1.84 | $-0.52 | $1.21 | $2.34 | $1.33 | $-0.40 | $0.86 | $1.42 | $0.96 | $0.02 | $0.34 | $0.93 | $0.62 | $-0.27 | $0.36 | $0.96 | $0.52 | $-0.63 | $0.49 | $1.22 | $0.39 | $-0.73 | $0.34 | $1.34 | $-0.03 | $-0.19 | $-0.41 | $-0.18 |
| High Forecast | $1.34 | $2.58 | $1.95 | $-0.49 | $1.28 | $2.40 | $1.33 | $-0.38 | $0.91 | $1.66 | $1.02 | $0.02 | $0.36 | $0.93 | $0.62 | $-0.27 | $0.36 | $0.96 | $0.52 | $-0.63 | $0.49 | $1.22 | $0.39 | $-0.73 | $0.34 | $1.34 | $-0.03 | $-0.19 | $-0.33 | $-0.14 |
| Low Forecast | $1.21 | $2.32 | $1.76 | $-0.55 | $1.15 | $2.29 | $1.32 | $-0.42 | $0.82 | $1.20 | $0.92 | $0.02 | $0.33 | $0.93 | $0.62 | $-0.27 | $0.36 | $0.96 | $0.52 | $-0.63 | $0.49 | $1.22 | $0.39 | $-0.73 | $0.34 | $1.34 | $-0.03 | $-0.19 | $-0.49 | $-0.22 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.92% | -0.56% | -26.22% | 1.46% | 1.80% | -0.11% | 1.32% | -0.02% | 0.79% | 2.30% | 2.31% | 0.37% | -1.64% | 0.18% | 1.97% | 0.01% | 0.33% | 60.92% | 3.89% | 0.71% | 3.33% |
According to 2 Wall Street analysts, Granite Construction's projected average Quarter EPS for Dec 23 is $0.86, with a low estimate of $0.82 and a high estimate of $0.91. This represents a -34.35% decrease compared to GVA previous annual EPS of $1.31 (Sep 23).
Granite Construction Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| KBR | KBR | $56.82 | $82.00 | 44.32% | Buy |
| DY | Dycom Industries | $176.99 | $230.50 | 30.23% | Buy |
| FIX | Comfort Systems USA | $454.47 | $575.00 | 26.52% | Buy |
| APG | APi Group | $38.77 | $46.50 | 19.94% | Buy |
| MTZ | MasTec | $136.54 | $151.00 | 10.59% | Buy |
| TPC | Tutor Perini | $26.40 | $26.50 | 0.38% | Buy |
| MYRG | MYR Group | $163.42 | $138.33 | -15.35% | Buy |
| ROAD | Construction Partners | $95.90 | $79.67 | -16.92% | Strong Buy |
| GVA | Granite Construction | $91.78 | $70.00 | -23.73% | |
| PRIM | Primoris Services | $80.87 | $41.50 | -48.68% | Buy |