Knight-Swift Transportation (NYSE:KNX) Stock Gets Price Target Bump from Stifel Nicolaus

Key Points

• Stifel Nicolaus raised Knight-Swift Transportation’s price target from $90 to $92 and maintained a “buy” rating, implying 45.74% upside from the prior close. Analysts overall give the stock a “Moderate Buy” rating with an average target of $82.94.
• Knight-Swift reported quarterly EPS of $0.83, beating the $0.76 consensus, while revenue reached $2.20 billion and grew 14.2% year over year. Results were supported by improving freight rates, although profitability remained weak with a 0.56% net margin.
• The stock opened at $63.12 and was trading below its 50-day and 200-day moving averages; insiders sold more than 224,000 shares worth approximately $16.2 million over the past 90 days.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) had its price target hoisted by research analysts at Stifel Nicolaus from $90.00 to $92.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has a "buy" rating on the transportation company's stock. Stifel Nicolaus' target price would suggest a potential upside of 45.74% from the company's previous close.

Other research analysts have also issued reports about the stock. TD Cowen upped their price objective on shares of Knight-Swift Transportation from $82.00 to $86.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Stephens raised shares of Knight-Swift Transportation to a "strong-buy" rating in a research note on Wednesday, July 8th. Wall Street Zen cut shares of Knight-Swift Transportation from a "buy" rating to a "hold" rating in a research report on Saturday, August 29th. Bank of America decreased their price target on shares of Knight-Swift Transportation from $98.00 to $92.00 and set a "buy" rating for the company in a research note on Wednesday, September 23rd. Finally, Benchmark raised their price objective on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the stock a "buy" rating in a report on Thursday, July 9th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, Knight-Swift Transportation has an average rating of "Moderate Buy" and an average price target of $82.94.

Knight-Swift Transportation Trading Down 0.2%

NYSE KNX opened at $63.12 on Thursday. Knight-Swift Transportation has a fifty-two week low of $41.24 and a fifty-two week high of $82.86. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a 50 day simple moving average of $67.21 and a two-hundred day simple moving average of $69.60. The stock has a market cap of $10.27 billion, a P/E ratio of 242.79, a price-to-earnings-growth ratio of 0.54 and a beta of 1.21.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last posted its earnings results on Wednesday, October 21st. The transportation company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.07. The firm had revenue of $2.20 billion for the quarter, compared to analysts' expectations of $2.16 billion. Knight-Swift Transportation had a return on equity of 3.51% and a net margin of 0.56%. The business's revenue was up 14.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.32 earnings per share. On average, analysts forecast that Knight-Swift Transportation will post 2.42 earnings per share for the current year.

Insider Activity

In related news, Director David Vander Ploeg sold 2,200 shares of the business's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $52.33, for a total transaction of $115,126.00. Following the sale, the director owned 30,252 shares of the company's stock, valued at $1,583,087.16. The trade was a 6.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Reid Dove sold 126,864 shares of the company's stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $73.13, for a total transaction of $9,277,564.32. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 224,954 shares of company stock worth $16,183,454. Corporate insiders own 2.90% of the company's stock.

Institutional Trading of Knight-Swift Transportation

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. boosted its holdings in Knight-Swift Transportation by 123.9% in the first quarter. Blue Trust Inc. now owns 544 shares of the transportation company's stock worth $31,000 after acquiring an additional 301 shares in the last quarter. MCF Advisors LLC raised its position in shares of Knight-Swift Transportation by 55.8% in the 2nd quarter. MCF Advisors LLC now owns 676 shares of the transportation company's stock worth $53,000 after purchasing an additional 242 shares during the last quarter. Harbor Investment Advisory LLC bought a new position in Knight-Swift Transportation in the 1st quarter worth about $72,000. Root Financial Partners LLC bought a new position in Knight-Swift Transportation in the 3rd quarter worth about $94,000. Finally, Bessemer Group Inc. grew its position in Knight-Swift Transportation by 280.2% during the 1st quarter. Bessemer Group Inc. now owns 2,129 shares of the transportation company's stock valued at $122,000 after purchasing an additional 1,569 shares during the last quarter. Hedge funds and other institutional investors own 88.77% of the company's stock.

More Knight-Swift Transportation News

Here are the key news stories impacting Knight-Swift Transportation this week:

• Positive Sentiment: Third consecutive earnings beat: Q3 adjusted earnings were $0.83 per share, ahead of estimates ranging from $0.75 to $0.76 and well above $0.32 a year earlier. Knight-Swift Transportation Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Revenue exceeded expectations: Quarterly revenue reached $2.20 billion versus the $2.16 billion consensus and increased 14.2% year over year, indicating continued recovery in freight demand and pricing. Knight-Swift Q3 2026 Earnings
• Positive Sentiment: Rate momentum supported results: Coverage characterized the quarter as another beat driven by improving freight rates, a favorable signal for the company’s trucking and logistics businesses. Knight-Swift Transportation Exceeds Q3 Expectations
• Neutral Sentiment: The earnings-call transcript is expected to provide further detail on pricing, freight volumes, cost trends and management’s outlook; the available reports do not identify a new guidance change. Knight-Swift Q3 2026 Earnings Call Transcript
• Negative Sentiment: Profitability remains a concern: Despite the improved EPS, the reported net margin was only 0.56% and return on equity was 3.51%, which may limit enthusiasm about the quality and durability of the recovery.
• Negative Sentiment: Valuation may be constraining the reaction: With a reported P/E ratio above 240 and the stock trading below its 50-day and 200-day moving averages, investors may be demanding clearer evidence of sustained earnings improvement before bidding the shares higher.

Knight-Swift Transportation Company Profile

Knight-Swift Transportation Holdings Inc is a transportation and logistics company that provides freight services across North America. The company operates one of the largest truckload fleets in the United States and serves a broad range of industries through its network of company-owned equipment, independent contractors, terminals and distribution facilities.

Its services include dry-van, refrigerated and flatbed truckload transportation; dedicated and expedited delivery; less-than-truckload shipping; freight brokerage; intermodal transportation; cross-border logistics; and warehousing and other supply-chain services.

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