KNF

Knife River Corp

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Advanced Chart

82.180

+0.67(0.822%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

82.650

Open

81.750

VWAP

82.16

Vol

350.84K

Mkt Cap

4.66B

Low

81.740

Amount

28.83M

EV/EBITDA(TTM)

13.21

Total Shares

56.61M

5.69B

EV/OCF(TTM)

23.68

P/S(TTM)

1.60

Knife River Corporation is an aggregates-based construction materials and contracting services provider. Its segments include West, Mountain, Central and Energy Services. Each geographic segment offers a vertically integrated suite of products and services, including aggregates, ready-mix concrete, asphalt, and contracting services, while the Energy Services segment, which has locations throughout the Company’s geographic footprint, produces and supplies liquid asphalt and related services, primarily for use in asphalt road construction, and is a supplier to some of the other segments. Through its network of 182 active aggregate sites, 106 ready-mix plants and 51 asphalt plants, and 9 liquid asphalt terminals. It supplies construction materials and contracting services to customers in 14 states. Its construction materials are sold to public and private-sector customers, including federal, state, and municipal governments, as well as industrial, commercial, and residential developers.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

765.13M

+16.42%

1.28B

+15.5%

890.36M

+10.34%

Estimates Revision

The market is revising Upward the revenue expectations for Knife River Corporation (KNF) for FY2025, with the revenue forecasts being adjusted by 5.11% over the past three months. During the same period, the stock price has changed by -10.87%.

Revenue Estimates for FY2025

Revise Upward

+5.11%

In Past 3 Month

Stock Price

Go Down

-10.87%

In Past 3 Month

6 Analyst Rating

43.79% Upside

Wall Street analysts forecast KNF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KNF is 118.17 USD with a low forecast of 111.00 USD and a high forecast of 129.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

6 Buy

0 Hold

0 Sell

Strong Buy

43.79% Upside

Current: 82.180

Low

111.00

Averages

118.17

High

129.00

43.79% Upside

Current: 82.180

Low

111.00

Averages

118.17

High

129.00

RBC Capital

Anthony Codling

Outperform

initiated

$129

2025-06-17

Reason

RBC Capital

Anthony Codling

Price Target

$129

2025-06-17

initiated

Outperform

Reason

DA Davidson

Buy

downgrade

$125 -> $120

2025-06-10

Reason

DA Davidson

Price Target

$125 -> $120

2025-06-10

downgrade

Buy

Reason

DA Davidson lowered the firm's price target on Knife River to $120 from $125 and keeps a Buy rating on the shares. The firm is reducing its Q2 estimates to reflect private sector trends, which could have more of an impact than previously recognized, the analyst tells investors in a research note. The firm adds however that the company's optimization/expansion story still lends attractive catalysts for the stock beyond the near term factors.

Wells Fargo

Overweight

maintain

$102 -> $114

2025-05-13

Reason

Wells Fargo

Price Target

$102 -> $114

2025-05-13

maintain

Overweight

Reason

Wells Fargo raised the firm's price target on Knife River to $114 from $102 and keeps an Overweight rating on the shares. The firm notes Q1 is the least meaningful quarter for Knife River, with 90% of its annual revenue and about 108% of EBITDA still ahead. With construction season ramping, a large acquisition complete and many public budgets at/near record levels, Wells remains bullish on the name.

Wells Fargo

Gabe Hajde

Buy

Initiates

$102

2025-03-10

Reason

Wells Fargo

Gabe Hajde

Price Target

$102

2025-03-10

Initiates

Buy

Reason

Stephens & Co.

Trey Grooms

Buy

Reiterates

$120

2025-02-14

Reason

Stephens & Co.

Trey Grooms

Price Target

$120

2025-02-14

Reiterates

Buy

Reason

Oppenheimer

Ian Zaffino

Buy

Maintains

$110 → $120

2024-12-13

Reason

Oppenheimer

Ian Zaffino

Price Target

$110 → $120

2024-12-13

Maintains

Buy

Reason

Oppenheimer analyst Ian Zaffino raised the firm's price target on Knife River to $120 from $110 and keeps an Outperform rating on the shares. Management provided a roadmap to 20%-plus EBITDA margins over the medium-term at the firm's Industrial Summit, saying it will now rely more on organic, self-help initiatives rather than less uncertain aggregates-heavy M&A, the analyst tells investors in a research note. The demand environment remains solid and Infrastructure Investment and Jobs Act spending remains a tailwind in Knife River's markets, Oppenheimer says.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Knife River Corp (KNF.N) is 15.52, compared to its 5-year average forward P/E of 20.25. For a more detailed relative valuation and DCF analysis to assess Knife River Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued

5Y Average PE

20.25

Current PE

15.52

Overvalued PE

23.43

Undervalued PE

17.07

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

10.52

Current EV/EBITDA

10.80

Overvalued EV/EBITDA

11.79

Undervalued EV/EBITDA

9.25

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

1.43

Current PS

1.39

Overvalued PS

1.75

Undervalued PS

1.11