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 -20.29% downside from GVA’s last price of $87.82) 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% | -20.29% |
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 -20.29% decrease from GVA last price ($87.82).
Granite Construction Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $70.00 |
| Last Closing Price | $87.82 | $87.82 | $87.82 |
| Upside/Downside | -100.00% | -100.00% | -20.29% |
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 $87.82. 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 | $1.01B | $1.44B | $1.21B | $727.63M | $997.46M | $1.30B | $1.01B | $694.60M | $874.11M | $1.11B | $962.88M | $675.30M | $762.95M | $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 | $934.61M | $1.33B | $1.12B | $684.28M | $906.16M | $1.27B | $1.01B | $640.22M | $805.67M | $1.06B | $887.50M | $622.44M | $703.22M | $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 $805.67M, and a high forecast of $874.11M. 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 | $33.88M | $48.06M | $40.48M | $24.58M | $33.07M | $44.80M | $35.11M | $2.88M | $29.20M | $37.62M | $32.17M | $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 | $35.30M | $50.08M | $42.18M | $25.33M | $34.73M | $45.25M | $35.11M | $3.46M | $30.43M | $38.50M | $33.52M | $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 | $32.54M | $46.16M | $38.88M | $23.82M | $31.55M | $44.34M | $35.11M | $2.31M | $28.05M | $36.91M | $30.90M | $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 % | - | - | - | - | - | - | - | - | - | 1.96% | 0.90% | -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 $29.20M, with a high of $30.43M and a low of $28.05M. This is -60.44% 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 | $70.13M | $134.56M | $101.80M | $-24.12M | $66.64M | $125.50M | $69.89M | $-14.62M | $47.49M | $87.18M | $53.29M | $-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 | $63.08M | $121.03M | $91.56M | $-30.58M | $59.94M | $119.93M | $69.06M | $-21.93M | $42.72M | $63.08M | $47.93M | $-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 $42.72M to $47.49M. 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 | $88.38M | $125.38M | $105.61M | $63.42M | $86.94M | $113.30M | $87.90M | $99.16M | $76.19M | $96.39M | $83.93M | $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 | $81.46M | $115.56M | $97.34M | $59.64M | $78.98M | $111.02M | $87.90M | $66.10M | $70.22M | $92.42M | $77.36M | $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 $70.22M to $76.19M. 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 | $2.57 | $1.94 | $-0.46 | $1.27 | $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 | $1.20 | $2.31 | $1.75 | $-0.58 | $1.14 | $2.29 | $1.32 | $-0.42 | $0.82 | $1.20 | $0.92 | $0.02 | $0.32 | $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 |
|---|---|---|---|---|---|
| DY | Dycom Industries | $175.94 | $205.17 | 16.61% | Buy |
| APG | APi Group | $35.25 | $41.00 | 16.31% | Buy |
| KBR | KBR | $67.38 | $73.20 | 8.64% | Buy |
| ROAD | Construction Partners | $78.06 | $79.67 | 2.06% | Strong Buy |
| TPC | Tutor Perini | $26.14 | $26.50 | 1.38% | Buy |
| MYRG | MYR Group | $133.24 | $124.67 | -6.43% | Buy |
| MTZ | MasTec | $132.61 | $121.67 | -8.25% | Buy |
| GVA | Granite Construction | $87.82 | $70.00 | -20.29% | - |
| PRIM | Primoris Services | $64.34 | $41.50 | -35.50% | Buy |
GVA Forecast FAQ
Will Granite Construction stock go up soon?
According to Wall Street analysts' prediction for GVA stock, the company can go down by -20.29% (from the last price of $87.82 to the average price target of $70), down by -20.29% based on the highest stock price target, and down by -20.29% based on the lowest stock price target.
Can Granite Construction stock reach $130?
GVA's average twelve months analyst stock price target of $70 does not support the claim that Granite Construction can reach $130 in the near future.
What are Granite Construction's analysts' financial forecasts?
Granite Construction's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $3.91B (high $4B, low $3.83B), average EBITDA is $115.86M (high $118.55M, low $113.31M), average net income is $237.1M (high $247.4M, low $226.99M), average SG&A $365.48M (high $387.29M, low $344.01M), and average EPS is $4.48 (high $4.62, low $4.33). GVA's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.22B (high $4.39B, low $4.06B), average EBITDA is $147M (high $152.89M, low $141.4M), average net income is $263.58M (high $282.38M, low $245.09M), average SG&A $368.04M (high $382.79M, low $354.01M), and average EPS is $5.03 (high $5.39, low $4.68).
Did the GVA's actual financial results beat the analysts' financial forecasts?
Based on Granite Construction's last annual report (Dec 2022), the company's revenue was $3.3B, beating the average analysts forecast of $3.08B by 7.24%. Apple's EBITDA was $174.39M, beating the average prediction of $140.27M by 24.33%. The company's net income was $83.3M, beating the average estimation of $28.1M by 196.42%. Apple's SG&A was $272.61M, missing the average forecast of $407.55M by -33.11%. Lastly, the company's EPS was $1.87, beating the average prediction of $1.63 by 14.90%. In terms of the last quarterly report (Sep 2023), Granite Construction's revenue was $1.12B, beating the average analysts' forecast of $1.08B by 3.35%. The company's EBITDA was $73.82M, beating the average prediction of $37.62M by 96.22%. Granite Construction's net income was $57.62M, missing the average estimation of $74.36M by -22.51%. The company's SG&A was $74.79M, missing the average forecast of $94.19M by -20.59%. Lastly, the company's EPS was $1.31, missing the average prediction of $1.42 by -7.75%