GVA: Improved Margins and Record Contracts Will Drive Momentum Through 2026

Analysts have raised their price target for Granite Construction to $135.50 from $132.00, citing improved margins, record CAP, and strong booking momentum. This increase comes despite slightly slower recent revenue growth.

Shared on 29 Oct 25

Granite Construction's analyst price target remains unchanged at $132.00, as analysts cite consistent financial projections and steady expectations for growth. What's in the News Granite has begun work on a $138 million rehabilitation project for the historic Lake Street Bascule Bridge in Chicago.

Shared on 14 Oct 25

Fair value Increased 2.06%

Analysts have raised their price target for Granite Construction from $129.33 to $132.00, citing updated estimates for discount rate, revenue growth, profit margin, and future price-to-earnings multiples. What's in the News Secured a $24 million contract from San Bernardino County to replace aging bridges along Route 66 in Amboy, California.

Shared on 06 Sep 25

Fair value Increased 4.30%

Despite a notable reduction in consensus revenue growth forecasts, analysts have raised Granite Construction's price target, likely reflecting improved net profit margin expectations, with the fair value estimate increasing from $124.00 to $129.33. What's in the News Granite's Layne won a $13 million contract to construct two high-capacity collector wells for LCRWS in South Dakota, enhancing regional water supply.

Shared on 08 Aug 25

Fair value Increased 12%

The upward revision in Granite Construction’s fair value reflects stronger consensus revenue growth forecasts, partly offset by a modest decline in net profit margin, resulting in the analyst price target increasing from $110.33 to $116.00. What's in the News Granite Construction updated its 2025 earnings guidance, projecting revenue between $4.35–$4.55 billion, including approximately $150 million from new acquisitions.

Shared on 31 Jul 25

With no change in the discount rate or future P/E multiple, analysts have left Granite Construction’s consensus price target unchanged at $110.33. What's in the News Secured $230 million in work packages for the Garnet Valley Wastewater System project, part of a $900 million infrastructure program in Southern Nevada; construction underway with completion targeted for December 2027.