Stephens Rates Granite Construction (GVA) buy, $180 Price Target

Stephens maintains its buy rating on Granite Construction with a $180 price target, a 13.24% upside from the current price.

By EarningsIQ Research Desk · Published Jun 26, 2026, 12:01 PM EDT · Updated Jun 30, 2026, 3:11 PM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

Stephens rated Granite Construction Incorporated ($GVA) "buy" with a $180 price target on June 26, 2026.

Since the rating, $GVA is down 7.4% after 1 week, down 21.7% after 1 month and down 31.4% to date (from the $160.08 close on Jun 26, 2026).

GVA Granite Construction Incorporated

$109.82 -7.18% year to date

Daily close · Oct 16, 2026

Key Points

Stephens reiterated its buy rating on Granite Construction (NYSE:GVA) with a $180 price target as of June 26, 2026.
Stephens's $180 price target implies 13.24% upside from Granite Construction Incorporated's ($GVA) current $158.96 share price.
Shares of Granite Construction traded near $156.65 on Friday with a market cap of $6.85 billion and a P/E ratio of 42.68.
Insiders have been active in buying shares, while peers like FMR LLC boosted their holdings by 520,423 shares.

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On June 26, 2026, Stephens reaffirmed its buy rating on Granite Construction Incorporated (NYSE:GVA) with a price target of $180. Shares of the engineering and construction firm were trading near $156.65 on Friday.

Analyst rating track record

Stephens & Co. vs. the S&P 500

YTD return +15.76% hypothetical

All-time return -7.08% S&P 500 +26.92%

vs. S&P 500 -34% behind the index

Hypothetical returns from Stephens & Co.'s disclosed trades, not real profit or advice. How we model this.

Analysts Set New Price Targets

Stephens & Co. reiterated its buy rating with a target price of $180 on June 26, 2026. Oppenheimer also initiated coverage with a buy rating and a $170 target back on May 28, 2026. Earlier in the year, on February 13, 2026, DA Davidson maintained its buy rating with a $155 target. The consensus target price among five analysts is $167.2, with a high estimate of $185 and a low of $141.

Other Institutional Activity in Granite Construction

Institutional investors have been active in Granite Construction. BlackRock, Inc. trimmed its holdings by 68,507 shares, ending with 6,553,571 shares valued at approximately $785.64 million. FMR LLC increased its position by 520,423 shares, bringing its total to 4,433,887 shares worth about $531.53 million, marking a 13.3% increase. Vanguard Portfolio Management LLC opened a new position with 2,401,524 shares, valued at $287.89 million. State Street Corp added 23,138 shares, now holding 2,244,755 shares valued at $269.39 million. First Trust Advisors LP significantly boosted its position by 483,080 shares, ending with 1,397,573 shares worth $167.54 million, a 52.8% increase.

Granite Construction Incorporated Stock Up 37.1%

Shares of Granite Construction Incorporated (NYSE:GVA) traded around $156.65 on Friday. The company has a market cap of $6.85 billion, a P/E ratio of 42.68, and a forward P/E of 20.68. The stock's beta is 1.329, suggesting it is more volatile than the broader market. Over the past year, the stock has ranged from a low of $89.80 to a high of $157.54. It has a 50-day moving average of $136.50 and a 200-day moving average of $120.90.

12-month forecast

$GVA price target

Granite Construction Incorporated daily closes and this analyst's $180 target. Not advice.

Recent Earnings

Granite Construction reported revenue of approximately $4.64 billion, reflecting a growth rate of 30.4%. The company's net margin stands at 3.99%, with a return on equity of 20.03%. Earnings per share were $3.67. The next earnings report is expected on August 6, 2026.

Dividend

Granite Construction offers an annual dividend rate of $0.52 per share, yielding 0.33%. The dividend payout ratio is 14.17%.

Insider Buying and Selling at Granite Construction Incorporated

Insiders have been actively buying shares. On June 15, 2026, John Timothy Romer purchased 375 shares at an average price of $143.65. Earlier, on June 12, he bought another 375 shares at $141.79. On June 8, several insiders, including Molly Campbell, John Timothy Romer, Michael McNally, and Carlos Hernandez, each acquired 1,036 shares at no cost, indicating a grant or similar transaction.

About Granite Construction

Granite Construction Incorporated, based in Watsonville, California, provides infrastructure solutions to public and private clients across the United States. It operates through two segments: Construction and Materials. The Construction segment focuses on building and rehabilitating infrastructure like roads, bridges, airports, and dams. The Materials segment supplies aggregates, asphalt, and other materials for construction projects. The company was founded in 1922 and employs about 2,500 people under the leadership of CEO Kyle T. Larkin.

Bottom Line

Stephens' reiteration of its buy rating on Granite Construction with a $180 price target underscores confidence in the company's prospects. Investors keep a close eye on such ratings for insights into potential stock performance. As a reminder, analyst ratings are forward-looking and subject to change based on market conditions.