Granite Construction, Inc. (GVA)
NYSEIndustrialsEngineering & ConstructionSnapshot 2026-10-29
NYSEIndustrialsEngineering & ConstructionSnapshot 2026-10-29
Research Workspace
Put GVA beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Construction & Engineering is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Gross profit improvement sustained above $110 million per quarter: Comparison needs review.
View ThesisRevenue growth is accelerating — up about 25% over the past year.
View GrowthRanks among the strongest in its industry on quality — around the top 17%.
View QualityManagement screens weak on capital allocation, margins, the balance sheet.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 2% a day.
View RiskGranite’s thesis rests on improving gross profit through revenue growth and execution, despite slowing revenue growth. Revenue growth eased from 30% to 23% year over year, though Q3 2026 earnings beat estimates. GVA trades at 16× P/E versus a 40× peer median. The price reflects less growth than our forecast. The primary gross-profit pillar needs review because its comparison is unverified. Our model puts the next-quarter miss probability at 30%. Peer multiples imply a price about 28% above where it trades. The thesis is on watch, and this read is provisional.
Trailing returns as of 2026-10-30. GVA is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 5 analysts currently covering GVA (as of Oct 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| GVA Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 11 valuation methods, at three horizons. As of 2026-10-30. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Construction & Engineering — fair value, gap to price, and forward P/E.
Compare the value case
Put GVA next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Improve gross profit through revenue growth and execution
Winning a contract supports revenue growth and margin improvement.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.

Advances: Raise fiscal year 2026 revenue guidance
Higher revenue guidance supports growth objectives.

Threatens: Improve gross profit through revenue growth and execution
Cost pressures may hinder gross profit improvement.
Advances: Raise fiscal year 2026 revenue guidance
Record backlog supports revenue growth for fiscal year 2026.

Downgrade reflects negative outlook on infrastructure spending.

Downgrade indicates potential revenue growth concerns.

Stock drop raises concerns about future revenue guidance.
Positive outlook supports revenue growth expectations.