What is Zacks Research's Estimate for KNX FY2026 Earnings?

Key Points

• Zacks Research raised Knight-Swift’s FY2026 EPS estimate to $2.55 from $2.45, while maintaining a Hold rating.
• Knight-Swift reported quarterly EPS of $0.83, beating the $0.76 consensus, and revenue of $2.20 billion, up 14.2% year over year.
• Zacks also lifted its FY2027 and FY2028 EPS estimates, but trimmed its Q4 2026 estimate slightly, to $0.79 from $0.81.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) - Research analysts at Zacks Research boosted their FY2026 EPS estimates for shares of Knight-Swift Transportation in a research report issued on Wednesday, November 4th. Zacks Research analyst Team now expects that the transportation company will earn $2.55 per share for the year, up from their previous forecast of $2.45. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Knight-Swift Transportation's current full-year earnings is $2.45 per share.

KNX has been the subject of a number of other research reports. Raymond James Financial reissued a "strong-buy" rating and issued a $84.00 price objective on shares of Knight-Swift Transportation in a research note on Thursday, October 22nd. Citizens Jmp initiated coverage on Knight-Swift Transportation in a research report on Wednesday, July 15th. They set a "market outperform" rating and a $90.00 target price on the stock. Weiss Ratings upgraded Knight-Swift Transportation from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, October 29th. UBS Group reiterated a "buy" rating on shares of Knight-Swift Transportation in a report on Thursday, October 22nd. Finally, JPMorgan Chase & Co. boosted their price target on Knight-Swift Transportation from $68.00 to $74.00 and gave the stock a "neutral" rating in a research report on Thursday, October 22nd. 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. Based on data from MarketBeat, Knight-Swift Transportation currently has a consensus rating of "Moderate Buy" and an average price target of $83.22.

Knight-Swift Transportation Price Performance

NYSE KNX opened at $59.40 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.91 and a current ratio of 0.91. The firm's 50 day moving average price is $65.15 and its 200-day moving average price is $66.03. Knight-Swift Transportation has a 52-week low of $41.24 and a 52-week high of $82.86. The company has a market cap of $9.67 billion, a PE ratio of 63.87, a P/E/G ratio of 0.51 and a beta of 1.20.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last posted its earnings results on Wednesday, October 21st. The transportation company reported $0.83 EPS for the quarter, beating analysts' consensus estimates of $0.76 by $0.07. Knight-Swift Transportation had a net margin of 1.92% and a return on equity of 4.71%. The business had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.16 billion. During the same quarter last year, the firm posted $0.32 EPS. The company's revenue for the quarter was up 14.2% on a year-over-year basis.

Hedge Funds Weigh In On Knight-Swift Transportation

Large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its holdings in shares of Knight-Swift Transportation by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 8,458,088 shares of the transportation company's stock valued at $486,995,000 after buying an additional 60,750 shares during the last quarter. Manning & Napier Advisors LLC acquired a new stake in Knight-Swift Transportation during the 2nd quarter worth about $173,669,000. Sei Investments Co. lifted its position in Knight-Swift Transportation by 24.7% during the 1st quarter. Sei Investments Co. now owns 842,644 shares of the transportation company's stock worth $48,519,000 after acquiring an additional 166,919 shares during the period. Principal Financial Group Inc. grew its stake in Knight-Swift Transportation by 38.9% during the 1st quarter. Principal Financial Group Inc. now owns 595,649 shares of the transportation company's stock valued at $34,297,000 after purchasing an additional 166,668 shares during the last quarter. Finally, First Trust Advisors LP grew its stake in Knight-Swift Transportation by 36.1% during the 1st quarter. First Trust Advisors LP now owns 523,801 shares of the transportation company's stock valued at $30,160,000 after purchasing an additional 138,949 shares during the last quarter. 88.77% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Reid Dove sold 126,864 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $73.13, for a total transaction of $9,277,564.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David Vander Ploeg sold 2,200 shares of the stock in a transaction that occurred on 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 directly owned 30,252 shares of the company's stock, valued at $1,583,087.16. The trade was a 6.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 171,354 shares of company stock worth $12,416,002. Insiders own 2.90% of the company's stock.

Knight-Swift Transportation News Summary

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

• Positive Sentiment: Zacks raised its FY2027 EPS estimate to $3.66 from $3.40 and its FY2028 estimate to $5.01 from $4.78. It also increased estimates for several quarters in 2027 and 2028, indicating stronger expected earnings over that period.
• Neutral Sentiment: Despite the higher forecasts, Zacks kept its rating at Hold; the estimate changes are not accompanied by a rating upgrade.
• Negative Sentiment: Zacks trimmed its Q4 2026 EPS estimate to $0.79 from $0.81, a modest near-term reduction.

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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