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 -0.54% downside from KNF’s last price of $103.56) 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 -0.54% downside from KNF's last price of $103.56.
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% | -3.44% |
| Oct 21, 2024 | Ian Zaffino | Oppenheimer | $110.00 | $93.44 | 17.72% | 6.22% |
| Oct 01, 2024 | Garik Shmois | Loop Capital Markets | $105.00 | $89.11 | 17.84% | 1.39% |
| Aug 09, 2024 | Sherif El-Sabbahy | Bank of America Securities | $99.00 | $72.62 | 36.33% | -4.40% |
| Apr 10, 2024 | Garik Shmois | Loop Capital Markets | $89.00 | $79.34 | 12.18% | -14.06% |
| Mar 22, 2024 | Ian Zaffino | Oppenheimer | $85.00 | $78.97 | 7.64% | -17.92% |
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 -3.44% decrease from KNF last price ($103.56).
Knife River Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 6 |
| Avg Price Target | - | $105.00 | $98.00 |
| Last Closing Price | $103.56 | $103.56 | $103.56 |
| Upside/Downside | -100.00% | 1.39% | -5.37% |
In the current month, the average price target of Knife River stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Knife River's last price of $103.56. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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 | $737.90M | $1.25B | $905.10M | $363.50M | $684.16M | $1.16B | $847.98M | $343.39M | $648.22M | $1.12B | $803.81M | $300.98M | $566.47M | $1.06B | $754.60M |
| High Forecast | $752.48M | $1.28B | $922.99M | $370.68M | $697.68M | $1.19B | $864.74M | $351.55M | $661.03M | $1.12B | $803.81M | $300.98M | $577.66M | $1.06B | $769.52M |
| Low Forecast | $707.48M | $1.20B | $867.78M | $348.51M | $655.95M | $1.12B | $813.01M | $332.25M | $621.49M | $1.12B | $803.81M | $300.98M | $543.11M | $1.05B | $723.49M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 1 | 3 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $96.00M |
| Avg Forecast | $100.15M | $169.79M | $122.84M | $49.34M | $92.86M | $157.88M | $115.09M | $46.61M | $87.98M | $152.40M | $109.10M | $40.85M | $76.88M | $143.30M | $102.42M |
| High Forecast | $102.13M | $173.15M | $125.27M | $50.31M | $94.69M | $161.00M | $117.37M | $47.71M | $89.72M | $152.68M | $109.10M | $40.85M | $78.40M | $143.77M | $104.44M |
| Low Forecast | $96.02M | $162.79M | $117.78M | $47.30M | $89.03M | $151.37M | $110.35M | $45.09M | $84.35M | $152.12M | $109.10M | $40.85M | $73.71M | $142.95M | $98.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% |
3 analysts predict KNF's average Quarter EBITDA for Sep 23 to be $143.30M, with a high of $143.77M and a low of $142.95M. This is 49.27% 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 1 | 3 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $56.80M |
| Avg Forecast | $31.85M | $185.97M | $100.95M | $-45.50M | $25.59M | $168.62M | $88.34M | $-49.00M | $19.09M | $159.71M | $70.52M | $-49.02M | $9.55M | $105.97M | $32.99M |
| High Forecast | $32.67M | $190.75M | $103.54M | $-43.06M | $26.25M | $172.96M | $90.61M | $-46.38M | $20.05M | $160.49M | $73.32M | $-46.40M | $13.85M | $108.25M | $33.83M |
| Low Forecast | $30.14M | $176.00M | $95.54M | $-46.67M | $24.22M | $159.58M | $83.60M | $-50.26M | $17.66M | $158.94M | $67.72M | $-50.28M | $5.25M | $104.26M | $31.22M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.72% |
Knife River's average Quarter net income forecast for Sep 23 is $105.97M, with a range of $104.26M to $108.25M. KNF's average Quarter net income forecast represents a 86.57% 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 1 | 3 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $59.50M |
| Avg Forecast | $55.23M | $93.63M | $67.74M | $27.21M | $51.20M | $87.06M | $63.47M | $25.70M | $48.51M | $84.04M | $60.16M | $22.53M | $42.40M | $79.02M | $56.48M |
| High Forecast | $56.32M | $95.48M | $69.08M | $27.74M | $52.22M | $88.78M | $64.72M | $26.31M | $49.47M | $84.19M | $60.16M | $22.53M | $43.23M | $79.28M | $57.59M |
| Low Forecast | $52.95M | $89.77M | $64.95M | $26.08M | $49.09M | $83.47M | $60.85M | $24.87M | $46.51M | $83.89M | $60.16M | $22.53M | $40.65M | $78.83M | $54.15M |
| 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 $78.83M to $79.28M. The forecast indicates a 32.81% 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 1 | 1 | 1 | 3 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.00 |
| Avg Forecast | $0.56 | $3.27 | $1.77 | $-0.80 | $0.45 | $2.96 | $1.55 | $-0.86 | $0.34 | $2.81 | $1.24 | $-0.86 | $0.17 | $1.86 | $0.58 |
| High Forecast | $0.57 | $3.35 | $1.82 | $-0.76 | $0.46 | $3.04 | $1.59 | $-0.82 | $0.35 | $2.82 | $1.29 | $-0.82 | $0.24 | $1.90 | $0.59 |
| Low Forecast | $0.53 | $3.09 | $1.68 | $-0.82 | $0.43 | $2.81 | $1.47 | $-0.88 | $0.31 | $2.79 | $1.19 | $-0.88 | $0.09 | $1.83 | $0.55 |
| 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).