Raymond James cuts target for Gran Tierra Energy stock to USD 13.37
Published on 10/17/2026 at 22:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target sits above stock
- On October 14, 2026, Raymond James cut its target from USD 13.38 to USD 13.37 while maintaining a Buy rating.
- Revenue was USD 187.18 million in the second quarter of 2026, up 22.76 percent from USD 152.48 million a year earlier.
- Gran Tierra Energy stock costs USD 10.90 on October 16, 2026 at 4:00 p.m. ET on NYSE American, up 2.73 percent from USD 10.61.
- The next earnings report is scheduled for November 3, 2026.
Raymond James cut its Gran Tierra Energy target from USD 13.38 to USD 13.37 on October 14, 2026, while maintaining a Buy rating, according to Moomoo. The new target stands 22.66 percent above the USD 10.90 closing price. Gran Tierra Energy stock closed at USD 10.90 on October 16, 2026, at 4:00 p.m. ET on NYSE American, up 2.73 percent from USD 10.61.
Revenue reached USD 187.18 million
Gran Tierra Energy reported USD 187.18 million in revenue for the second quarter ended June 30, 2026, compared with USD 152.48 million a year earlier. That is a 22.76 percent increase. The company also reported net profit of USD 24.86 million for the quarter, versus a GAAP net loss of USD 12.74 million a year earlier, according to The Globe and Mail.
Stock stays 5.38 percent below high
The October 16 closing price stood 5.38 percent below the 52-week high of USD 11.52 and 252.75 percent above the 52-week low of USD 3.09. Gran Tierra Energy's market capitalization was USD 385.6 million, while its year-to-date performance was up 8.07 percent, according to TradingView.
November 3 is the next earnings date
The next earnings report is scheduled for November 3, 2026. The date gives investors the next fixed checkpoint for testing whether the second-quarter revenue growth and profit recovery continued.
Comparison with peers
Gran Tierra Energy (NYSE American, USD): plus 2.73 percent, market capitalization USD 385.6 million.
Parex Resources (TSX, CAD): plus 2.63 percent, P/E 3.49, market capitalization CAD 2.8 billion.
GeoPark (NYSE American, USD): plus 1.99 percent, P/E 7.95, market capitalization USD 763.2 million.
Closing level and investor view
The analyst target remains 22.66 percent above Gran Tierra Energy's October 16 closing price, while the stock remains 5.38 percent below its 52-week high. The next scheduled earnings report on November 3, 2026, will provide the next company-specific date for assessing the recent operating improvement.
Gran Tierra Energy's last completed NYSE American session closed at USD 10.90 on October 16, 2026, at 4:00 p.m. ET, up 2.73 percent from USD 10.61.
Gran Tierra Energy market facts
- Company: Gran Tierra Energy Inc.
- ISIN: US38500T2006
- Ticker: GTE
- Primary exchange: NYSE American
- Price: USD 10.90 (as of October 16, 2026, 4:00 p.m. ET)
- Daily change: plus 2.73 percent versus USD 10.61
- 52-week range: USD 3.09-11.52
- Market capitalization: USD 385.6 million (as of October 16, 2026)
- Sector / Industry: Energy / Oil and Gas Exploration and Production
Market context: Market report S&P 500.
