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Knife River Corp’s stock reached a 52-week low, trading at 62.63 USD. This marks a significant decline for the company, reflecting a challenging year in the market. According to InvestingPro data, three analysts have recently revised their earnings expectations downward, though the company maintains strong liquidity with a current ratio of 2.78. Over the past 12 months, Knife River Corp has experienced a downturn, with its stock price decreasing by 34.35%. This substantial drop highlights the difficulties faced by the company in navigating the current economic landscape and investor sentiment. The 52-week low underscores the pressures on the stock, as market conditions continue to evolve. Despite current challenges, analyst price targets suggest potential upside, with targets ranging from $75 to $130. For deeper insights into Knife River’s valuation and growth prospects, access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Knife River Corporation reported its second-quarter 2025 earnings, surpassing analyst expectations. The company achieved an earnings per share of $0.89, exceeding the forecasted $0.73, and reported revenues of $833.8 million, which were higher than the anticipated $799 million. Despite this strong performance, Wells Fargo raised its price target for Knife River to $97 from $96, maintaining an Overweight rating, due to a growing backlog. In contrast, DA Davidson reduced its price target to $95 from $105, citing weather-related challenges affecting the company’s Strata division. Oppenheimer also adjusted its price target downward to $100 from $120, highlighting funding issues in Oregon and adverse weather conditions in the Midwest and Northwest regions. These adjustments reflect varying assessments of the company’s future performance amid external challenges.
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