KNF: Regional Infrastructure Recovery And Backlog Will Drive Upside Into 2025

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

02 Sep 24

Updated

14 Dec 25

Views

126

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-28.6%

7D

-3.9%

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1Y

-28.6%

7D

-3.9%

You can edit this narrative until Dec 15 10:05 AM. Then, changes will post as Updates.

Author's Valuation

US$96.824.3% undervalued

AnalystConsensusTarget Fair Value

Shared on 14 Dec 25

Fair value Decreased 1.45%

KNF: Construction Recovery And Backlog Will Drive Long-Term Upside Potential

Analysts have modestly reduced their price target on Knife River to $96.80 from about $98.22, reflecting a slightly lower fair value and profit margin outlook, even as they acknowledge resilient demand, a solid $1.3B backlog and sector wide expectations for a multi year construction recovery. Analyst Commentary Recent Street research presents a mixed but constructive view on Knife River, with analysts balancing near term execution risks against a solid backlog and longer term recovery potential in U.S. construction and infrastructure spending.

Shared on 29 Nov 25

KNF: Recovery in Home Improvement Will Drive Long-Term Upside Potential

Analysts have lowered Knife River’s price target by $20 to $100, citing near-term headwinds from funding issues and weather conditions. Despite these challenges, a solid project backlog supports the long-term outlook.

Shared on 15 Nov 25

Fair value Decreased 3.81%

KNF: Early-Cycle Recovery Will Drive Renewed Momentum Amid Sector Headwinds

Analysts have lowered Knife River's fair value estimate from approximately $102 to $98 per share, citing forecasted revenue growth headwinds and sector-specific challenges as highlighted in recent research. Analyst Commentary Recent street research offers a mix of optimism and caution regarding Knife River's outlook, with analysts weighing sector headwinds against potential catalysts for recovery and growth.

Shared on 01 Nov 25

Analysts have revised Knife River's price target downward to $100 from $120, citing concerns over regional funding challenges and weather disruptions. However, they note continuing strong demand elsewhere.

Shared on 17 Oct 25

Fair value Decreased 4.37%

Analysts have lowered their fair value estimate for Knife River from $106.78 to $102.11. This adjustment reflects a modest decrease in expected growth and profit margins, amid sector-wide caution and regional funding challenges.

Shared on 03 Oct 25

Fair value Decreased 3.61%

Analysts have lowered their price target for Knife River from $120 to $100. They cite ongoing funding challenges in Oregon and adverse weather conditions in key regions as the primary reasons for the revised outlook.

Shared on 08 May 25

Fair value Decreased 0.83%

Shared on 30 Apr 25

Fair value Decreased 0.21%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 23 Apr 25

Fair value Decreased 0.49%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 0.32%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Decreased 4.45%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 5.33%

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 11 Mar 25

Fair value Decreased 1.29%

AnalystConsensusTarget has increased revenue growth from 5.7% to 7.2%.

AnalystConsensusTarget Fair Value

US$96.8

24.3% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

6.20%

Basic Materials revenue growth rate

0.18%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

8.54%

Calculation

US$238.06m

Earnings '28

x

29.09x

PE Ratio '28

=

US$6.93b

Market Cap '28

US$6.93b

Market Cap '28

/

56.82m

No. shares '28

=

US$121.89

Share Price '28

US$121.89 Share Price '28

Discounted to 2025 @ 8.51% p.a.

=

US$95.40

Fair Value '25