Stifel Nicolaus Forecasts Strong Price Appreciation for Knight-Swift Transportation (NYSE:KNX) Stock

Knight-Swift Transportation (NYSE:KNX) had its price objective lifted by research analysts at Stifel Nicolaus from $90.00 to $92.00 in a report released on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the transportation company’s stock. Stifel Nicolaus’ price target would indicate a potential upside of 45.74% from the company’s current price.

KNX has been the subject of several other reports. Barclays lifted their price objective on Knight-Swift Transportation from $75.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Zacks Research cut shares of Knight-Swift Transportation from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. TD Cowen raised 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, July 23rd. Benchmark lifted their price target on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Finally, Citigroup reiterated a “market outperform” rating on shares of Knight-Swift Transportation in a research report on Thursday. Two research 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, the stock presently has an average rating of “Moderate Buy” and an average target price of $82.94.

Knight-Swift Transportation Stock Down 0.2%

Knight-Swift Transportation stock opened at $63.12 on Thursday. The firm has a market cap of $10.27 billion, a price-to-earnings ratio of 242.79, a PEG ratio of 0.54 and a beta of 1.21. The stock has a fifty day simple moving average of $67.21 and a two-hundred day simple moving average of $69.60. Knight-Swift Transportation has a 12 month low of $41.24 and a 12 month high of $82.86. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.32.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings results on Wednesday, October 21st. The transportation company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.07. The firm had revenue of $2.20 billion during 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 company’s revenue was up 14.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.32 earnings per share. Equities analysts predict that Knight-Swift Transportation will post 2.42 EPS for the current fiscal year.

Insider Transactions at Knight-Swift Transportation

In other news, Director David Vander Ploeg sold 2,200 shares of the business’s stock in a transaction 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 completion of 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 position. The sale 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 on Thursday, August 13th. The stock was sold at an average price of $73.13, for a total value of $9,277,564.32. The SEC filing for this sale provides additional information. Insiders have sold 224,954 shares of company stock worth $16,183,454 in the last 90 days. 2.90% of the stock is currently owned by insiders.

Institutional Trading of Knight-Swift Transportation

A number of hedge funds and other institutional investors have recently bought and sold shares of KNX. Root Financial Partners LLC bought a new stake in shares of Knight-Swift Transportation during the 3rd quarter valued at $94,000. Nisa Investment Advisors LLC boosted its holdings in Knight-Swift Transportation by 9.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 23,270 shares of the transportation company’s stock worth $1,480,000 after buying an additional 1,925 shares during the period. IFP Advisors Inc boosted its holdings in Knight-Swift Transportation by 10.6% in the 3rd quarter. IFP Advisors Inc now owns 3,391 shares of the transportation company’s stock worth $216,000 after buying an additional 326 shares during the period. New England Research & Management Inc. increased its stake in Knight-Swift Transportation by 173.8% in the 3rd quarter. New England Research & Management Inc. now owns 27,315 shares of the transportation company’s stock worth $1,737,000 after buying an additional 17,340 shares in the last quarter. Finally, Triasima Portfolio Management inc. purchased a new stake in Knight-Swift Transportation in the 3rd quarter worth $546,000. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Knight-Swift Transportation News Summary

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.

About Knight-Swift Transportation

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.