Knife River (NYSE:KNF) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Knife River (NYSE:KNF) had its target price hoisted by investment analysts at JPMorgan Chase & Co. from $90.00 to $95.00 in a note issued to investors on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 3.81% from the company’s previous close.

KNF has been the topic of several other research reports. Wells Fargo & Company reduced their price target on shares of Knife River from $81.00 to $80.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Knife River in a research report on Tuesday, April 21st. Stephens upped their target price on shares of Knife River from $86.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 18th. DA Davidson upped their target price on shares of Knife River from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Finally, Royal Bank Of Canada increased their price target on shares of Knife River from $106.00 to $109.00 and gave the company an “outperform” rating in a research note on Wednesday, February 18th. Six research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Knife River presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.00.

Knife River Trading Up 5.0%

NYSE KNF traded up $4.40 during trading hours on Wednesday, reaching $91.52. The company had a trading volume of 578,281 shares, compared to its average volume of 611,193. The stock has a market capitalization of $5.19 billion, a P/E ratio of 33.16, a price-to-earnings-growth ratio of 2.03 and a beta of 0.55. Knife River has a 1-year low of $58.72 and a 1-year high of $103.18. The company has a current ratio of 2.54, a quick ratio of 1.39 and a debt-to-equity ratio of 0.70. The stock has a 50-day moving average of $84.43 and a 200 day moving average of $77.31.

Knife River (NYSE:KNF) last issued its quarterly earnings results on Tuesday, May 5th. The company reported ($1.40) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.42) by $0.02. The business had revenue of $410.13 million for the quarter, compared to analysts’ expectations of $387.06 million. Knife River had a net margin of 4.99% and a return on equity of 10.27%. The business’s quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($1.21) earnings per share. As a group, research analysts anticipate that Knife River will post 3.21 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Knife River

A number of hedge funds have recently modified their holdings of KNF. Hantz Financial Services Inc. lifted its holdings in Knife River by 141.8% in the third quarter. Hantz Financial Services Inc. now owns 341 shares of the company’s stock valued at $26,000 after acquiring an additional 200 shares during the period. McMillan Office Inc. purchased a new position in shares of Knife River in the fourth quarter valued at $36,000. Caitong International Asset Management Co. Ltd increased its position in shares of Knife River by 1,088.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 594 shares of the company’s stock valued at $42,000 after buying an additional 544 shares in the last quarter. Quent Capital LLC purchased a new position in shares of Knife River in the third quarter valued at $47,000. Finally, GAMMA Investing LLC increased its position in shares of Knife River by 34.8% in the fourth quarter. GAMMA Investing LLC now owns 685 shares of the company’s stock valued at $48,000 after buying an additional 177 shares in the last quarter. 80.11% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Knife River

Here are the key news stories impacting Knife River this week:

• Positive Sentiment: Management said 2026 is trending toward the upper half of its guidance ranges and disclosed a record backlog of roughly $1.2 billion — a demand signal that supports better revenue visibility for the year. Knife River signals 2026 trending toward upper half of guidance ranges with $1.2B record backlog
• Positive Sentiment: Q1 revenue of $410.1M topped analyst estimates (~$387M) and rose ~16% year-over-year, showing demand growth in aggregates and contracting segments. Stronger-than-expected top-line helped offset profit weakness. Knife River (KNF) Reports Q1 Loss, Beats Revenue Estimates
• Positive Sentiment: Earnings call highlights reinforced growth initiatives and backlog conversion expectations, providing color that management expects improving operating leverage as projects convert to revenue. Knife River Earnings Call Highlights Growth And Backlog
• Neutral Sentiment: Company reiterated FY‑2026 revenue guidance roughly in the $3.3B–$3.5B range (around consensus), so upside depends on execution and margin recovery rather than a materially higher top‑line target. Knife River Corporation Reports First Quarter 2026 Financial Results
• Neutral Sentiment: Analysts’ write-ups provide granular metric comparisons (mix, segment trends, and per-ton pricing) that investors should review to judge whether revenue growth will translate to margin recovery. Compared to Estimates, Knife River (KNF) Q1 Earnings: A Look at Key Metrics
• Negative Sentiment: Q1 net loss widened to $79.2M and adjusted EBITDA remained negative, leaving profitability and cash‑flow recovery as the primary near-term risks until backlog converts and costs normalize. Knife River Corporation Reports First Quarter 2026 Financial Results
• Negative Sentiment: EPS remained negative at ($1.40) and deteriorated versus the prior year (from ($1.21)), underscoring that earnings recovery will depend on margin improvement rather than just top‑line growth. Knife River (KNF) Reports Q1 Loss, Beats Revenue Estimates

About Knife River

Knife River Corporation, headquartered in Bismarck, North Dakota, is a leading integrated construction materials and contracting company in the western United States. The company specializes in producing and supplying aggregates, asphalt mix, ready-mixed concrete and other heavy construction materials used in highway, commercial and residential projects.

In addition to material production, Knife River offers a comprehensive suite of contracting services, including heavy civil construction, road building, underground and open-pit mining and logistics support.