JPMorgan Chase Lifts Knife River Stock Price Target

Investment bank raises price target on construction materials company to $90 per share

Published on Mar. 5, 2026

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JPMorgan Chase & Co. has lifted its price target on Knife River (NYSE:KNF) stock from $83 to $90 per share, maintaining a "neutral" rating on the construction materials company. The investment bank cited the company's strong financial performance and growth potential in its research note.

Why it matters

Knife River is a leading producer and supplier of aggregates, asphalt, ready-mixed concrete and other heavy construction materials in the western United States. As a major player in the industry, the company's stock performance and outlook are closely watched by investors and analysts.

The details

JPMorgan Chase analysts lifted their price target on Knife River from $83 to $90 per share, citing the company's solid financial results and growth prospects. The investment bank maintained its "neutral" rating on the stock. Several other research firms have also recently weighed in on Knife River, with some issuing "buy" ratings and higher price targets.

  • The updated price target and rating were issued on Thursday, March 5, 2026.

The players

JPMorgan Chase & Co.

A leading global investment bank and financial services company.

Knife River

A leading integrated construction materials and contracting company in the western United States, specializing in aggregates, asphalt, ready-mixed concrete and other heavy construction materials.

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The takeaway

The positive outlook from JPMorgan Chase on Knife River's stock suggests the construction materials company is well-positioned to capitalize on growth opportunities in the western U.S. market, though the "neutral" rating indicates the bank sees the stock as fairly valued at current levels.