Knife River Corp
Knife River provides construction materials and contracting services to public- and private-sector customers across 14 states. Its customers include federal, state and municipal governments, developers, industrial and commercial businesses, and other private parties. The company’s West, Mountain and Central segments mine and sell aggregates, produce and sell ready-mix concrete and asphalt, and provide services such as paving, heavy-civil construction, concrete construction, site development and grading. Its Energy Services segment supplies liquid asphalt to internal and third-party customers. Knife River operates 208 active aggregate sites, 135 ready-mix plants, 55 asphalt plants and 9 liquid asphalt terminals. It makes money by selling construction materials, including aggregates, ready-mix concrete, asphalt and liquid asphalt, and by performing contracting work, primarily for public infrastructure projects. Headquartered in Bismarck, North Dakota, it serves customers across the Western United States.
No SEC Form 4 filings for $KNF in the last 30 days.
See all $KNF insider activity →Knife River Corp. reports Q3 earnings Tuesday, with analysts expecting $3.21 EPS, up 27% YoY. Pressure from activist investor Starboard Value and margin concerns are key focus areas. The stock has a mean price target of $73.20, with mixed recent ratings. Q2 results missed estimates due to project delays and cost pressures.
Starboard Value urges Knife River (KNF) to improve margins or consider strategic alternatives, including a potential sale, if it fails to meet specific targets. The activist fund believes the company can achieve 22% adjusted EBITDA margins in the near term, according to reports.
Analysts made several calls on Tuesday. DA Davidson upgraded Broadcom to buy, citing its relationship with Anthropic. Loop initiated Trimble at buy, finding it inexpensive. Goldman Sachs raised Apple's price target to $390. RBC initiated Ermenegildo Zegna at outperform. Bank of America added SpaceX to its top picks. Citigroup upgraded MercadoLibre and Ferguson to buy. Bernstein reiterated CoreWeave as underperform but raised its target. Rosenblatt raised Palantir's target to $260.
Over the past 7 days, AlphAI's AI scored 2 news stories mentioning KNF (Knife River Corp). Coverage has skewed bearish: 0 bullish, 0 neutral, and 2 bearish.
Recent KNF coverage spans financial news, earnings and market movers.
Earnings miss or lack of margin improvement could push the stock lower; a beat may limit downside.
Starboard's pressure could force management actions, potentially leading to a sale or margin improvement initiatives.
Upgrade may help the stock recover from decline.
Activist pressure may trigger short-term volatility and potential downside as investors assess the likelihood of strategic changes.
Downgrade likely drags price.
AlphAI scores every news story that mentions KNF with an AI model for sentiment and relevance, and aggregates insider trades from Knife River Corp's SEC EDGAR Form 4 filings. Figures refresh continuously.
Knife River Corp. reports Q3 earnings Tuesday, with analysts expecting $3.21 EPS, up 27% YoY. Pressure from activist investor Starboard Value and margin concerns are key focus areas. The stock has a mean price target of $73.20, with mixed recent ratings. Q2 results missed estimates due to project delays and cost pressures.
2 min readStarboard Value urges Knife River (KNF) to improve margins or consider strategic alternatives, including a potential sale, if it fails to meet specific targets. The activist fund believes the company can achieve 22% adjusted EBITDA margins in the near term, according to reports.
2 min readAnalysts made several calls on Tuesday. DA Davidson upgraded Broadcom to buy, citing its relationship with Anthropic. Loop initiated Trimble at buy, finding it inexpensive. Goldman Sachs raised Apple's price target to $390. RBC initiated Ermenegildo Zegna at outperform. Bank of America added SpaceX to its top picks. Citigroup upgraded MercadoLibre and Ferguson to buy. Bernstein reiterated CoreWeave as underperform but raised its target. Rosenblatt raised Palantir's target to $260.
3 min readStarboard Value is preparing to nominate directors to Knife River Corp's board, pushing for improved profit margins or a sale. The hedge fund, which holds a significant stake, wants margins to reach 22% by 2029. Knife River, valued at $2.8 billion, reported 15% margins for the quarter ending June 30. The company has declined 24% over the past year.
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3 min readRBC Capital downgraded Knife River Corp. (KNF) to Sector Perform, cutting its price target to $58.00 from $103.00 due to cost inflation concerns. The stock is near its 52-week low, down 39% in six months. Knife River reported Q2 2026 earnings of $0.77 per share, missing estimates, but raised full-year revenue guidance to $3.4B-$3.6B. Analysts have mixed views, with JPMorgan downgrading and DA Davidson initiating coverage with a buy rating.
2 min readKnife River Corporation (KNF) shares rose 3.8% after activist investor Starboard Value disclosed a stake and urged the company to explore strategic alternatives, including a potential sale. Starboard praised Knife River's assets but criticized its performance, calling for a plan to achieve 22% adjusted EBITDA by 2029. The company said it would engage with Starboard but defended its strategy.
2 min readUS stocks opened lower, with tech leading losses due to Oracle's (ORCL) force majeure notice on a New Mexico data center, affecting Oracle, Bloom Energy (BE), and Blue Owl (OWL). Treasury yields bull steepened, and crude prices rose amid US-Iran tensions. The SNB held rates at 0% and removed intervention language. Specific stock movements include MGM Resorts (MGM), TransUnion (TRU), Viking Therapeutics (VKTX), Knife River (KNF), Delek US Holdings (DK), and Dropbox (DBX).
3 min readMajor indices closed lower Tuesday due to war tensions and rising oil prices. The 30-year Treasury yield hit 5.27%, its highest since 2007, while Brent Crude surged 5% to $95. Analysts initiated coverage on Ally Financial (Strong Buy, $55 target) and GLOBAL FOUNDRIES (Buy, $60 target), among others.
3 min readKnife River (NYSE:KNF) said some Texas highway work will shift into 2027, and changes in paving versus larger roadway expansion jobs reduced Q2 adjusted EBITDA by about $8 million. CFO Nathan Ring reported aggregate volumes up 14% and raised 2026 revenue to $3.4B-$3.6B while reaffirming adjusted EBITDA guidance of $520M-$560M. Backlog rose to $1.2B.
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