Knife River Corporation (KNF)
| Market Cap | 2.86B -30.6% |
| Revenue (ttm) | 3.31B +12.1% |
| Net Income | 139.89M -8.7% |
| EPS | 2.46 -9.1% |
| Shares Out | 56.76M |
| PE Ratio | 20.47 |
| Forward PE | 18.16 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 896,050 |
| Open | 51.63 |
| Previous Close | 50.62 |
| Day's Range | 49.65 - 51.64 |
| 52-Week Range | 49.65 - 96.28 |
| Beta | 0.58 |
| Analysts | Buy |
| Price Target | 85.38 (+69.64%) |
| Est. Earnings | Nov 3, 2026 |
About KNF
Knife River Corporation, together with its subsidiaries, provides aggregates-based construction materials and contracting services in the United States. The company operates through West, Mountain, Central, and Energy Services segments. It mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete. The company also provides contracting services, such as heavy-civil construction, asphalt and concrete paving, and site development and grading. In addition... [Read more]
Financial Performance
In 2025, Knife River's revenue was $3.15 billion, an increase of 8.52% compared to the previous year's $2.90 billion. Earnings were $157.07 million, a decrease of -22.12%.
Financial StatementsAnalyst Summary
According to 8 analysts, the average rating for KNF stock is "Buy." The 12-month stock price target is $85.38, which is an increase of 69.64% from the latest price.
News
Knife River price target lowered to $65 from $105 at B. Riley
B. Riley analyst Rohit Seth lowered the firm’s price target on Knife River (KNF) to $65 from $105 and keeps a Buy rating on the shares. Knife River looks significantly…
Knife River issues response to Starboard, says focused on execution
Knife River (KNF) issued the following statement in response to the letter it received today from Starboard Value LP and certain of its affiliates: “The Knife River Board of Directors…
Knife River Reiterates Focus on Disciplined Execution and Shareholder Value Creation
BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) (“Knife River” or the “Company”) issued the following statement in response to the letter it received today from Starboard Value LP...
Knife River price target lowered to $97 from $107 at BofA
BofA lowered the firm’s price target on Knife River (KNF) to $97 from $107 and keeps a Buy rating on the shares. Activist investor Starboard Value has taken a significant…
Activist Wants This Construction Company to Make Serious Changes. Stock Returns Are ‘Unacceptable.'
Starboard Value is putting pressure on Knife River to turn around the stock's performance.
Knife River price target lowered to $80 from $90 at Oppenheimer
Oppenheimer lowered the firm’s price target on Knife River (KNF) to $80 from $90 and keeps an Outperform rating on the shares. The firm is reducing estimates for 2026/2027 in…
Starboard calls on Knife River to evaluate strategic alternatives
Starboard Value LP, a stockholder of Knife River (KNF) Corporation, has delivered a letter to Brian Gray, the Company’s President and CEO, with a copy to the Company’s Board of…
Starboard Delivers Letter to Knife River
NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard”), a stockholder of Knife River Corporation (“Knife River” or the “Company”) (NYSE: KNF), today announced that i...
Starboard takes ‘significant’ position in Knife River, WSJ says
Starboard Value has taken a large stake in Knife River (KNF) and intends to push the management to improve its margins or explore a sale, The Wall Street Journal’s Jasmine…
Knife River up 8% at $55.59 after WSJ report on Starboard stake
18:04 EDT Knife River (KNF) up 8% at $55.59 after WSJ report on Starboard stake
Activist Starboard Urges Construction Company to Explore Sale
Knife River's stock dropped over 7% Wednesday following an investor presentation.
Knife River Slides: Corporate presentation
Knife River has posted slides in relation to its latest quarterly earnings report, which was published on September 23, 2026.
Knife River price target lowered to $62 from $73 at Wells Fargo
Wells Fargo lowered the firm’s price target on Knife River (KNF) to $62 from $73 and keeps an Equal Weight rating on the shares. The firm downgraded three names and…
Knife River downgraded to Underweight from Neutral at JPMorgan
JPMorgan downgraded Knife River (KNF) to Underweight from Neutral with a price target of $73, down from $80. The firm sees limited growth from the company’s largest market, Oregon, as…
Knife River initiated with a Buy at DA Davidson
DA Davidson analyst Garik Shmois initiated coverage of Knife River (KNF) with a Buy rating and $85 price target The shares pulled back meaningfully after Q2 earnings, but the firm…
Knife River price target lowered to $80 from $95 at JPMorgan
JPMorgan analyst Adrian Huerta lowered the firm’s price target on Knife River (KNF) to $80 from $95 and keeps a Neutral rating on the shares. The company’s Q2 results came…
Knife River price target lowered to $103 from $107 at RBC Capital
RBC Capital lowered the firm’s price target on Knife River (KNF) to $103 from $107 and keeps an Outperform rating on the shares. Knife River’s Q2 results were difficult to…
Knife River price target lowered to $80 from $105 at Stephens
Stephens lowered the firm’s price target on Knife River (KNF) to $80 from $105 and keeps an Overweight rating on the shares. The firm adjusted estimates following the company’s Q2…
Knife River upgraded to Equal Weight from Underweight at Wells Fargo
Wells Fargo analyst Timna Tanners upgraded Knife River (KNF) to Equal Weight from Underweight with a price target of $73, down from $81. Following the Q2 miss, the shares better…
Knife River Earnings Call Transcript: Q2 2026
Q2 saw 13% revenue growth and strong double-digit volume gains across all materials, despite headwinds from energy costs and project delays. Adjusted EBITDA rose 7% year-over-year (excluding asset sales), and guidance was raised to $3.4–$3.6B revenue with $520–$560M adjusted EBITDA.
Knife River Slides: Q2 2026
Knife River has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 4, 2026.
Knife River Earnings release: Q2 2026
Knife River released its Q2 2026 earnings on August 4, 2026, summarizing the period's financial results.
Knife River Quarterly report: Q2 2026
Knife River has published its Q2 2026 quarterly earnings report on August 4, 2026.
Knife River sees FY26 revenue $3.4B-$3.6B, consensus $3.43B
Sees adjusted EBITDA $520M-$560M. The company further expects: Aggregates volumes to increase high-single digits and pricing to increase mid-single digits. Ready-mix volumes to increase mid-teens. Asp...
Knife River reports Q2 EPS 77c vs. 89c last year
Reports Q2 revenue $938.6M, consensus $937.15M. “During the quarter, we delivered 13% year-over-year revenue growth, including 20% revenue growth in contracting services,” said Knife River (KNF) Presi...