Knife River Corporation (KNF)
NYSE: KNF · Real-Time Price · USD
89.23
-8.24 (-8.45%)
Nov 4, 2024, 4:00 PM EST - Market closed
Knife River Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Knife River stock have an average target of 89.25, with a low estimate of 81 and a high estimate of 110. The average target predicts an increase of 0.02% from the current stock price of 89.23.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Knife River stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $85 → $110 | Buy | Maintains | $85 → $110 | +23.28% | Oct 21, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Initiates $85 | Buy | Initiates | $85 | -4.74% | Jun 18, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $75 → $85 | Buy | Maintains | $75 → $85 | -4.74% | Mar 22, 2024 |
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Mar 8, 2024 |
| Loop Capital | Loop Capital | Strong Buy Initiates $81 | Strong Buy | Initiates | $81 | -9.22% | Feb 13, 2024 |
Financial Forecast
Revenue This Year
2.92B
from 2.83B
Increased by 3.10%
Revenue Next Year
3.08B
from 2.92B
Increased by 5.52%
EPS This Year
3.67
from 3.23
Increased by 13.73%
EPS Next Year
4.24
from 3.67
Increased by 15.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.1B | 3.3B | 3.5B | |
| Avg | 2.9B | 3.1B | 3.3B | |
| Low | 2.8B | 2.8B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.3% | 11.5% | 12.5% | |
| Avg | 3.1% | 5.5% | 6.9% | |
| Low | -2.0% | -3.7% | 2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.07 | 4.73 | 5.43 | |
| Avg | 3.67 | 4.24 | 4.83 | |
| Low | 3.17 | 3.58 | 4.31 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 26.1% | 28.6% | 28.1% | |
| Avg | 13.7% | 15.4% | 14.0% | |
| Low | -2.0% | -2.6% | 1.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.