Granite Construction Incorporat (GVA) Stock Forecasts

Granite Construction (GVA) and Super Excavators' joint venture won a $324.8M contract for the Big Creek Tunnel project in Cleveland, part of a $3B sewer program. Work includes tunneling and structures, with completion expected in 2030. GVA will include the contract in its Q3 capital plan, according to the company.

Granite Construction (GVA) appointed George L. Nash Jr. to its board and reported Q2 2026 sales of $1,455.87M with a net loss of $278.16M. The company completed a $185.61M share repurchase, raised full-year 2026 revenue guidance to $5.3B-$5.5B, and said M&A activity is active.

Granite Construction (NYSE:GVA) reported Q2 2026 revenue of $1.5 billion, up 29% year over year, and adjusted EBITDA of $186 million. Committed and awarded projects rose to $7.4 billion. The company raised 2026 revenue guidance to $5.3 billion to $5.5 billion and 2027 organic growth to above 10%, citing backlog, acquisitions, and data center demand.

Granite Construction reported Q2 2026 results and said committed and awarded projects (CAP) reached $7.4B. It raised 2026 revenue guidance to $5.3B-$5.5B and 2027 organic growth to above 10%. Data center CAP rose to $223M. The company recorded $363M nonoperating charges from settling 3.75% convertible notes and expects 2026 operating cash flow of 11% of revenue.

Thursday, July 30, 2026 at 11 a.m. ET CALL PARTICIPANTS Vice President of Investor Relations - Michael Barker President and Chief Executive Officer - Kyle Larkin Executive Vice President and Chief Financial Officer - Staci Woolsey TAKEAWAYS Revenue -- $1.5 billion, representing a 29% increase year over year driven by record backlog and acquisition contributions. Adjusted EBITDA -- $186 million, an increase of $34 million compared to the prior year.

Granite Construction (NYSE:GVA) reported Q2 CY2026 revenue of $1.46 billion, up 29.3% year on year and 4.4% above Wall Street estimates, according to the company. Full-year revenue guidance midpoint was $5.4 billion, 2.3% above analysts’ estimates. Non-GAAP adjusted EPS was $2.16, up from $1.93 but below consensus; shares fell 2.9% to $114.59.