Knife River Corporation (KNF)
NYSE: KNF · Real-Time Price · USD
99.88
+1.58 (1.61%)
Nov 21, 2024, 1:05 PM EST - Market open
Knife River Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Knife River stock have an average target of 97.2, with a low estimate of 81 and a high estimate of 110. The average target predicts a decrease of -2.68% from the current stock price of 99.88.
Analyst Consensus: Strong Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 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 | 6 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Maintains $90 → $110 | Strong Buy | Maintains | $90 → $110 | +10.13% | Nov 6, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $105 → $100 | Strong Buy | Maintains | $105 → $100 | +0.12% | Nov 5, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $85 → $110 | Buy | Maintains | $85 → $110 | +10.13% | Oct 21, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Initiates $85 | Buy | Initiates | $85 | -14.90% | Jun 18, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $75 → $85 | Buy | Maintains | $75 → $85 | -14.90% | Mar 22, 2024 |
Financial Forecast
Revenue This Year
2.91B
from 2.83B
Increased by 2.92%
Revenue Next Year
3.07B
from 2.91B
Increased by 5.39%
EPS This Year
3.57
from 3.23
Increased by 10.47%
EPS Next Year
4.20
from 3.57
Increased by 17.75%
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 | 3.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 7.8% | 11.8% | 15.4% | |
| Avg | 2.9% | 5.4% | 7.9% | |
| Low | -2.0% | -3.5% | 2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.07 | 4.59 | 5.12 | |
| Avg | 3.57 | 4.20 | 4.83 | |
| Low | 3.33 | 3.90 | 4.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 26.1% | 28.6% | 22.0% | |
| Avg | 10.5% | 17.8% | 15.1% | |
| Low | 3.2% | 9.3% | 8.7% |
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.