Knight-Swift Transportation (NYSE:KNX) Stock Price Expected to Rise, Susquehanna Analyst Says

Knight-Swift Transportation (NYSE:KNX) had its target price upped by stock analysts at Susquehanna from $90.00 to $96.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “positive” rating on the transportation company’s stock. Susquehanna’s target price would indicate a potential upside of 32.59% from the company’s current price.

Several other brokerages also recently issued reports on KNX. TD Cowen boosted their price target on shares of Knight-Swift Transportation from $82.00 to $86.00 and gave the company a “buy” rating in a report on Thursday. Citizens Jmp began coverage on shares of Knight-Swift Transportation in a report on Wednesday, July 15th. They issued a “market outperform” rating and a $90.00 price objective on the stock. Robert W. Baird boosted their target price on shares of Knight-Swift Transportation from $62.00 to $70.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group upped their target price on shares of Knight-Swift Transportation from $65.00 to $86.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Finally, UBS Group raised their price target on shares of Knight-Swift Transportation from $79.00 to $94.00 and gave the company a “buy” rating in a research note on Monday, June 1st. 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 company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $84.44.

Knight-Swift Transportation Stock Up 0.1%

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

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

Hedge Funds Weigh In On Knight-Swift Transportation

Several hedge funds have recently made changes to their positions in the business. Blue Trust Inc. lifted its stake in Knight-Swift Transportation by 123.9% during the first quarter. Blue Trust Inc. now owns 544 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 301 shares during the last quarter. Clearstead Advisors LLC grew its position in Knight-Swift Transportation by 134.6% in the fourth quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock worth $35,000 after buying an additional 385 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in Knight-Swift Transportation in the fourth quarter worth approximately $39,000. Fifth Third Bancorp increased its holdings in shares of Knight-Swift Transportation by 44.4% in the fourth quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock valued at $45,000 after buying an additional 267 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in shares of Knight-Swift Transportation by 1,478.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after buying an additional 828 shares in the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

Knight-Swift Transportation News Roundup

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.