Knife River (KNF) Stock Forecast, Price Target & Predictions
KNF Stock Forecast
Knife River stock forecast is as follows: an average price target of $103.00 (represents a 7.99% upside from KNF’s last price of $95.38) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
KNF Price Target
The average price target for Knife River (KNF) is $103.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $110.00 to $99.00. This represents a potential 7.99% upside from KNF's last price of $95.38.
KNF Analyst Ratings
According to 4 Wall Street analysts, Knife River's rating consensus is 'Buy'. The analyst rating breakdown for KNF stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Knife River Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 05, 2024 | Garik Shmois | Loop Capital Markets | $100.00 | $91.66 | 9.10% | 4.84% |
| Oct 21, 2024 | Ian Zaffino | Oppenheimer | $110.00 | $93.44 | 17.72% | 15.33% |
| Oct 01, 2024 | Garik Shmois | Loop Capital Markets | $105.00 | $89.11 | 17.84% | 10.09% |
| Aug 09, 2024 | Sherif El-Sabbahy | Bank of America Securities | $99.00 | $72.62 | 36.33% | 3.80% |
| Apr 10, 2024 | Garik Shmois | Loop Capital Markets | $89.00 | $79.34 | 12.18% | -6.69% |
| Mar 22, 2024 | Ian Zaffino | Oppenheimer | $85.00 | $78.97 | 7.64% | -10.88% |
The latest Knife River stock forecast, released on Nov 05, 2024 by Garik Shmois from Loop Capital Markets, set a price target of $100.00, which represents a 9.10% increase from the stock price at the time of the forecast ($91.66), and a 4.84% increase from KNF last price ($95.38).
Knife River Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 6 |
| Avg Price Target | $105.00 | $105.00 | $98.00 |
| Last Closing Price | $95.38 | $95.38 | $95.38 |
| Upside/Downside | 10.09% | 10.09% | 2.75% |
In the current month, the average price target of Knife River stock is $105.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 10.09% increase as opposed to Knife River's last price of $95.38. This month's average price target is down 0.00% compared to last quarter, and up 7.14% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 21, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Oct 01, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Aug 09, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Jun 17, 2024 | Stephens | - | Overweight | Initialise |
Knife River's last stock rating was published by Oppenheimer on Oct 21, 2024. The company gave KNF a "Outperform" rating, the same as its previous rate.
Knife River Financial Forecast
Knife River Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $785.20M |
| Avg Forecast | $1.35B | $1.32B | $1.29B | $1.26B | $678.61M | $1.16B | $848.13M | $343.19M | $648.22M | $1.12B | $803.81M | $300.98M | $566.47M | $1.06B | $754.60M |
| High Forecast | $1.36B | $1.33B | $1.30B | $1.27B | $684.79M | $1.17B | $855.86M | $346.21M | $654.12M | $1.12B | $803.81M | $300.98M | $571.63M | $1.06B | $761.48M |
| Low Forecast | $1.32B | $1.29B | $1.26B | $1.24B | $664.55M | $1.14B | $830.56M | $337.49M | $634.79M | $1.12B | $803.81M | $300.98M | $554.73M | $1.05B | $738.97M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% |
Knife River's average Quarter revenue forecast for Sep 23 based on 3 analysts is $1.06B, with a low forecast of $1.05B, and a high forecast of $1.06B. KNF's average Quarter revenue forecast represents a 34.47% increase compared to the company's last Quarter revenue of $785.20M (Jun 23).
Knife River EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $96.00M |
| Avg Forecast | $178.64M | $174.73M | $170.92M | $167.18M | $89.90M | $153.94M | $112.36M | $45.46M | $85.87M | $148.76M | $106.49M | $39.87M | $75.04M | $139.87M | $99.97M |
| High Forecast | $180.27M | $176.33M | $172.47M | $168.71M | $90.72M | $155.34M | $113.38M | $45.86M | $86.66M | $149.03M | $106.49M | $39.87M | $75.73M | $140.33M | $100.88M |
| Low Forecast | $174.94M | $171.11M | $167.38M | $163.72M | $88.04M | $150.75M | $110.03M | $44.71M | $84.09M | $148.48M | $106.49M | $39.87M | $73.49M | $139.52M | $97.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% |
3 analysts predict KNF's average Quarter EBITDA for Sep 23 to be $139.87M, with a high of $140.33M and a low of $139.52M. This is 45.70% upper than Knife River's previous annual EBITDA (Jun 23) of $96.00M.
Knife River Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $56.80M |
| Avg Forecast | $26.70M | $188.58M | $105.08M | $-43.74M | $24.08M | $168.01M | $88.38M | $-48.39M | $19.07M | $159.51M | $70.43M | $-48.96M | $9.54M | $105.84M | $32.94M |
| High Forecast | $27.01M | $190.81M | $106.33M | $-42.56M | $24.37M | $170.01M | $89.43M | $-45.55M | $20.02M | $160.29M | $73.23M | $-47.64M | $13.84M | $108.11M | $33.33M |
| Low Forecast | $25.98M | $183.50M | $102.25M | $-44.25M | $23.43M | $163.49M | $86.00M | $-52.38M | $17.64M | $158.74M | $67.64M | $-49.54M | $5.25M | $104.13M | $32.06M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.72% |
Knife River's average Quarter net income forecast for Sep 23 is $105.84M, with a range of $104.13M to $108.11M. KNF's average Quarter net income forecast represents a 86.33% increase compared to the company's last Quarter net income of $56.80M (Jun 23).
Knife River SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $59.50M |
| Avg Forecast | $100.92M | $98.71M | $96.56M | $94.45M | $50.79M | $86.97M | $63.47M | $25.68M | $48.51M | $84.04M | $60.16M | $22.53M | $42.39M | $79.02M | $56.47M |
| High Forecast | $101.84M | $99.61M | $97.44M | $95.31M | $51.25M | $87.76M | $64.05M | $25.91M | $48.95M | $84.19M | $60.16M | $22.53M | $42.78M | $79.28M | $56.99M |
| Low Forecast | $98.83M | $96.67M | $94.56M | $92.49M | $49.74M | $85.17M | $62.16M | $25.26M | $47.51M | $83.88M | $60.16M | $22.53M | $41.52M | $78.82M | $55.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% |
Knife River's average Quarter SG&A projection for Sep 23 is $79.02M, based on 3 Wall Street analysts, with a range of $78.82M to $79.28M. The forecast indicates a 32.80% rise compared to KNF last annual SG&A of $59.50M (Jun 23).
Knife River EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.00 |
| Avg Forecast | $0.47 | $3.32 | $1.85 | $-0.77 | $0.42 | $2.96 | $1.56 | $-0.85 | $0.34 | $2.81 | $1.24 | $-0.86 | $0.17 | $1.86 | $0.58 |
| High Forecast | $0.48 | $3.36 | $1.87 | $-0.75 | $0.43 | $2.99 | $1.57 | $-0.80 | $0.35 | $2.82 | $1.29 | $-0.84 | $0.24 | $1.90 | $0.59 |
| Low Forecast | $0.46 | $3.23 | $1.80 | $-0.78 | $0.41 | $2.88 | $1.51 | $-0.92 | $0.31 | $2.79 | $1.19 | $-0.87 | $0.09 | $1.83 | $0.56 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.72% |
According to 3 Wall Street analysts, Knife River's projected average Quarter EPS for Sep 23 is $1.86, with a low estimate of $1.83 and a high estimate of $1.90. This represents a 86.33% increase compared to KNF previous annual EPS of $1.00 (Jun 23).