Granite Construction Incorporat (GVA) Stock Forecasts
Argus lowered its target price for Granite Construction Inc. (GVA) to $119.00. The company is involved in infrastructure projects for public and private clients in the U.S.
GRANITE CONSTRUCTION INC
Granite provides civil construction services and construction materials to public, industrial and commercial clients, primarily in the United States. Its Construction segment builds and rehabilitates roads, bridges, rail lines, airports, ports, dams, tunnels, utilities and other infrastructure, and performs site development, water-related construction, mining, solar and other power-related projects. Its Materials segment produces and delivers aggregates, asphalt concrete, liquid asphalt and recycled materials for its own projects and for sale to third parties. Granite also provides services including water well drilling, rehabilitation and mineral exploration. Granite earns money by performing construction contracts and selling construction materials to third parties. Its customers include government agencies, municipalities, developers, utilities, contractors, manufacturers, homeowners and other private owners. Granite owns and leases aggregate reserves and owns processing plants integrated with its construction operations. It is headquartered in Watsonville, California.
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No SEC Form 4 filings for $GVA in the last 30 days.
See all $GVA insider activity →Argus lowered its target price for Granite Construction Inc. (GVA) to $119.00. The company is involved in infrastructure projects for public and private clients in the U.S.
Granite Construction won a $52M contract for Tucson International Airport upgrades, part of a $400M modernization program. Tutor Perini subsidiary secured a $60M U.S. Coast Guard contract. SMACNA announced new leadership. DPR Construction named Scott Sass to lead its Raleigh-Durham business unit.
Granite Construction (GVA) won $51.5M contracts for rail siding projects in Southern California, starting in 2027 and finishing in 2028. The company aims to leverage this for future SCORE program opportunities, building on past rail work with regional transportation commissions.
Over the past 7 days, AlphAI's AI scored 2 news stories mentioning GVA (GRANITE CONSTRUCTION INC). Coverage has been balanced: 1 bullish, 0 neutral, and 1 bearish.
Recent GVA coverage spans financial news and earnings.
Potential downside pressure as target price reduction signals weaker outlook.
Positive impact from a sizable contract award.
Granite secured a $51.5M rail siding contract, expanding its construction pipeline.
The contract adds significant new revenue and showcases Granite's capabilities in large infrastructure projects.
Potential upside from anticipated increased federal work.
AlphAI scores every news story that mentions GVA with an AI model for sentiment and relevance, and aggregates insider trades from GRANITE CONSTRUCTION INC's SEC EDGAR Form 4 filings. Figures refresh continuously.
Argus lowered its target price for Granite Construction Inc. (GVA) to $119.00. The company is involved in infrastructure projects for public and private clients in the U.S.
Granite Construction won a $52M contract for Tucson International Airport upgrades, part of a $400M modernization program. Tutor Perini subsidiary secured a $60M U.S. Coast Guard contract. SMACNA announced new leadership. DPR Construction named Scott Sass to lead its Raleigh-Durham business unit.
Granite Construction (GVA) won $51.5M contracts for rail siding projects in Southern California, starting in 2027 and finishing in 2028. The company aims to leverage this for future SCORE program opportunities, building on past rail work with regional transportation commissions.
Granite Construction (GVA) won a $52M contract for the final phase of Tucson International Airport's Airfield Safety Enhancement Program. Work includes taxiway modifications and FAA navigational aid upgrades, with completion expected in 2029. Granite's Swan Facility will supply materials for the project.
The U.S. Army aims to speed up military construction by 50% and cut costs by 30%, shifting to design-build and modular methods. Attorneys note expanded use of Other Transaction Agreements (OTAs) for repairs and construction. Contractors like Tutor Perini and Granite Construction highlight opportunities under the new procurement regime, with Granite's CEO citing alignment with their capabilities.
Goldman Sachs kept its Sell rating on Granite Construction but raised its price target to $124 from $110. The new target is close to the stock's recent close of $123.62. The bank cited no specific reasons for the change.
Granite Construction (NYSE:GVA) reported record Q3 2026 results, with revenue up 23% YoY to $1.77B and adjusted EBITDA up to $283M. The company raised its 2026 revenue guidance to $5.4B-$5.5B and set long-term targets for 10-12% organic revenue growth and 14-16% EBITDA margins by 2029. Growth is driven by high-demand infrastructure markets and vertical integration.
Granite Construction reported Q3 revenue of $1.77B, up 23% YoY, with record backlog of $7.5B. Net income fell to $3.2M due to a $162M charge. CEO Kyle Larkin cited Infrastructure Investment and Jobs Act funding for growth, with federal, rail, and data center projects as new opportunities.
GRANITE CONSTRUCTION INC (GVA) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Granite Reports Third Quarter 2026 Results and Introduces 2029 Targets • Introducing 2029 financial targets reflecting an expected organic revenue CAGR of 10% to 12% • Q3 revenue increased 23% year-over-year to $1.8 billion • Q3 net income of $3 million compared to $
Granite Construction (GVA) is set to report Q3 earnings with analysts expecting EPS of $3.40 and revenue of $1.7B, up 57% and 13% sequentially. Four of five analysts rate it a Buy with a $170.17 price target. Investors will watch progress on a $495M border project, data center expansion, and cost management amid rising material prices. GVA has a record $7.2B backlog and has shown strong YoY growth.