Knight-Swift Transportation (NYSE:KNX) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Knight-Swift Transportation (NYSE:KNX) had its price target raised by equities researchers at JPMorgan Chase & Co. from $77.00 to $84.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the transportation company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 16.02% from the stock’s previous close.

KNX has been the topic of several other reports. UBS Group lifted their price target on Knight-Swift Transportation from $79.00 to $94.00 and gave the company a “buy” rating in a research report on Monday, June 1st. Raymond James Financial upped their price objective on Knight-Swift Transportation from $76.00 to $91.00 and gave the company a “strong-buy” rating in a report on Thursday, July 2nd. Benchmark raised their target price on Knight-Swift Transportation from $75.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Stifel Nicolaus lifted their target price on Knight-Swift Transportation from $85.00 to $88.00 and gave the stock a “buy” rating in a report on Thursday. Finally, TD Cowen boosted their price target on shares of Knight-Swift Transportation from $82.00 to $86.00 and gave the stock a “buy” rating in a research report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $84.44.

Knight-Swift Transportation Trading Up 0.1%

Knight-Swift Transportation stock opened at $72.40 on Thursday. The firm has a 50 day simple moving average of $75.60 and a 200-day simple moving average of $64.97. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.88 and a quick ratio of 0.70. The stock has a market capitalization of $11.76 billion, a PE ratio of 278.48, a price-to-earnings-growth ratio of 0.78 and a beta of 1.18. Knight-Swift Transportation has a 12-month low of $38.63 and a 12-month high of $82.86.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.12. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.05 billion. During the same quarter last year, the business earned $0.21 earnings per share. The business’s revenue for the quarter was up 12.6% on a year-over-year basis. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. As a group, equities research analysts expect that Knight-Swift Transportation will post 2.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Handelsbanken Fonder AB lifted its stake in Knight-Swift Transportation by 7.2% in the 2nd quarter. Handelsbanken Fonder AB now owns 48,900 shares of the transportation company’s stock worth $3,808,000 after acquiring an additional 3,300 shares in the last quarter. IFC & Insurance Marketing Inc. acquired a new position in shares of Knight-Swift Transportation in the second quarter worth $245,000. GAMMA Investing LLC increased its stake in shares of Knight-Swift Transportation by 20.0% in the second quarter. GAMMA Investing LLC now owns 4,380 shares of the transportation company’s stock worth $341,000 after acquiring an additional 729 shares during the last quarter. Mader & Shannon Wealth Management Inc. raised its holdings in shares of Knight-Swift Transportation by 1.7% during the second quarter. Mader & Shannon Wealth Management Inc. now owns 171,537 shares of the transportation company’s stock worth $13,358,000 after acquiring an additional 2,818 shares in the last quarter. Finally, DV Trading LLC purchased a new stake in shares of Knight-Swift Transportation during the first quarter worth $287,000. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Key Headlines Impacting Knight-Swift Transportation

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

• Positive Sentiment: KNX beat Q2 estimates, reporting $0.63 EPS versus $0.49-$0.51 expected, with revenue of $2.10 billion topping forecasts of about $2.05 billion. Article: Knight-Swift Transportation Holdings (KNX) Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Margins improved as truckload pricing, network efficiency and intermodal growth helped drive profitability, with truckload EBIT and EPS showing sharp year-over-year gains. Article: Knight-Swift Q2 Earnings Beat Estimates on Truckload Margin Gains
• Positive Sentiment: Several firms raised price targets after the report, including Bank of America, Stifel, Susquehanna, TD Cowen and JPMorgan, signaling improved sentiment toward KNX. Article: Analyst price target updates
• Positive Sentiment: KNX was also added to Zacks’ Rank #1 “Strong Buy” growth list, which may support investor confidence in the stock. Article: Best Growth Stocks to Buy for July 24th
• Neutral Sentiment: Market commentary notes the stock is falling today after the earnings release, likely reflecting a “buy the rumor, sell the news” reaction or investor concern about whether the strong quarter can be sustained. Article: Why Knight-Swift Transportation (KNX) stock is falling today

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc (NYSE: KNX) is one of North America’s largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company’s core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.