Knife River Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Knife River stock have an average target of 99.2, with a low estimate of 81 and a high estimate of 120. The average target predicts a decrease of -6.16% from the current stock price of 105.71.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$81	$99.2	$100	$120
Change	-23.38%	-6.16%	-5.40%	+13.52%

Analyst Ratings

The average analyst rating for Knife River stock from 6 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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	3	3	3	2	3	3
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	5	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ian Zaffino Oppenheimer	Oppenheimer	Buy Maintains $110 → $120	Buy	Maintains	$110 → $120	+13.52%	Dec 13, 2024
Brent Thielman DA Davidson	DA Davidson	Strong Buy Maintains $90 → $110	Strong Buy	Maintains	$90 → $110	+4.06%	Nov 6, 2024
Garik Shmois Loop Capital	Loop Capital	Strong Buy Maintains $105 → $100	Strong Buy	Maintains	$105 → $100	-5.40%	Nov 5, 2024
Ian Zaffino Oppenheimer	Oppenheimer	Buy Maintains $85 → $110	Buy	Maintains	$85 → $110	+4.06%	Oct 21, 2024
Trey Grooms Stephens & Co.	Stephens & Co.	Buy Initiates $85	Buy	Initiates	$85	-19.59%	Jun 18, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.92B

from 2.83B

3.27%

from 2.83B

Revenue Next Year

3.11B

from 2.92B

6.33%

from 2.92B

EPS This Year

3.51

from 3.23

8.77%

from 3.23

EPS Next Year

4.13

from 3.51

17.66%

from 3.51

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.18B	2.23B	2.53B	2.83B	2.92B	3.11B	3.31B
Revenue Growth	-	2.34%	13.72%	11.66%	3.27%	6.33%	6.50%
EPS	2.60	2.29	2.05	3.23	3.51	4.13	4.85
EPS Growth	-	-11.92%	-10.48%	57.56%	8.77%	17.66%	17.40%
Forward PE	-	-	-	-	30.09	25.57	21.78
No. Analysts	-	-	-	-	8	8	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	3.1B	3.3B	3.5B
Avg	2.9B	3.1B	3.3B
Low	2.8B	3.0B	3.1B

Revenue Growth

Revenue Growth	2024	2025	2026
High	7.8%	11.4%	14.0%
Avg	3.3%	6.3%	6.5%
Low	-0.8%	2.0%	1.3%

EPS Forecast

EPS	2024	2025	2026
High	3.75	4.48	5.12
Avg	3.51	4.13	4.85
Low	3.33	3.81	4.57

EPS Growth

EPS Growth	2024	2025	2026
High	16.1%	27.6%	24.0%
Avg	8.8%	17.7%	17.4%
Low	3.2%	8.5%	10.5%

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.