Knife River Corporation (KNF)
NYSE: KNF · IEX Real-Time Price · USD
77.19
-0.02 (-0.03%)
May 14, 2024, 4:00 PM EDT - 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 76.25, with a low estimate of 58 and a high estimate of 85. The average target predicts a decrease of -1.22% from the current stock price of 77.19.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 22, 2024.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 4 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $75 → $85 | Buy | Maintains | $75 → $85 | +10.12% | 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 | +4.94% | Feb 13, 2024 |
| B of A Securities | B of A Securities | Strong Buy Initiates $81 | Strong Buy | Initiates | $81 | +4.94% | Jan 5, 2024 |
| Oppenheimer | Oppenheimer | Buy Initiates $65 | Buy | Initiates | $65 | -15.79% | Aug 15, 2023 |
Financial Forecast
Revenue This Year
2.90B
from 2.83B
Increased by 2.32%
Revenue Next Year
2.93B
from 2.90B
Increased by 1.10%
EPS This Year
3.59
from 3.23
Increased by 11.01%
EPS Next Year
2.97
from 3.59
Decreased by -17.18%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.1B | 3.2B | 3.3B | 3.5B |
| Avg | 2.9B | 3.1B | 3.2B | 3.4B |
| Low | 2.8B | 2.9B | 3.1B | 3.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.5% | 10.2% | 8.9% | 10.0% |
| Avg | 3.5% | 4.3% | 4.8% | 5.8% |
| Low | -1.0% | -1.3% | 1.7% | 2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.09 | 4.57 | 4.04 | 5.03 |
| Avg | 2.97 | 4.06 | 3.89 | 4.84 |
| Low | 2.88 | 3.65 | 3.77 | 4.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -4.4% | 53.8% | -0.4% | 29.3% |
| Avg | -8.1% | 36.6% | -4.2% | 24.4% |
| Low | -10.8% | 22.8% | -7.0% | 20.7% |
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.