Knight-Swift Transportation (NYSE:KNX) Issues Q4 2026 Earnings Guidance

Knight-Swift Transportation (NYSE:KNX) issued an update on its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.780-0.840 for the period, compared to the consensus estimate of 0.820.

Analyst Upgrades and Downgrades

KNX has been the subject of a number of analyst reports. TD Cowen boosted their price objective on shares of Knight-Swift Transportation from $82.00 to $86.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Susquehanna dropped their target price on shares of Knight-Swift Transportation from $96.00 to $85.00 and set a “positive” rating on the stock in a report on Friday, October 2nd. Sanford C. Bernstein assumed coverage on shares of Knight-Swift Transportation in a research report on Thursday, September 10th. They set an “outperform” rating and a $91.00 target price for the company. Weiss Ratings restated a “hold (c-)” rating on shares of Knight-Swift Transportation in a report on Friday, October 9th. Finally, Benchmark raised their price target on Knight-Swift Transportation from $75.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $82.78.

Knight-Swift Transportation Stock Performance

Shares of Knight-Swift Transportation stock traded down $2.11 during midday trading on Friday, hitting $60.41. The company had a trading volume of 2,025,540 shares, compared to its average volume of 3,661,944. The business’s 50 day simple moving average is $66.99 and its two-hundred day simple moving average is $69.63. The stock has a market cap of $9.83 billion, a PE ratio of 232.36, a P/E/G ratio of 0.54 and a beta of 1.21. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.88 and a quick ratio of 0.88. Knight-Swift Transportation has a 1-year low of $41.24 and a 1-year high of $82.86.

Knight-Swift Transportation (NYSE:KNX) last released its earnings results on Wednesday, October 21st. The transportation company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.76 by $0.07. Knight-Swift Transportation had a net margin of 1.92% and a return on equity of 4.72%. The firm had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same period in the prior year, the company earned $0.32 EPS. The business’s quarterly revenue was up 14.2% compared to the same quarter last year. As a group, equities analysts predict that Knight-Swift Transportation will post 2.42 EPS for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 4th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, September 4th. Knight-Swift Transportation’s dividend payout ratio (DPR) is presently 307.69%.

Insider Activity at Knight-Swift Transportation

In related news, Director David Vander Ploeg sold 2,200 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $52.33, for a total value of $115,126.00. Following the completion of the transaction, the director directly owned 30,252 shares of the company’s stock, valued at $1,583,087.16. This trade represents a 6.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Cary Flanagan sold 3,600 shares of Knight-Swift Transportation stock in a transaction on Friday, July 31st. The stock was sold at an average price of $70.82, for a total transaction of $254,952.00. Following the sale, the chief accounting officer owned 5,405 shares in the company, valued at $382,782.10. This represents a 39.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 224,954 shares of company stock worth $16,183,454. 2.90% of the stock is owned by corporate insiders.

Key Headlines Impacting Knight-Swift Transportation

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

• Positive Sentiment: Q3 results exceeded expectations: Knight-Swift reported adjusted EPS of $0.83 versus the $0.76 consensus estimate, while revenue rose 14.2% year over year to $2.20 billion, above the $2.16 billion forecast. EPS also improved substantially from $0.32 in the prior-year quarter. Knight-Swift Q3 2026 results
• Positive Sentiment: Margin recovery is gaining traction: Reports highlighted better truckload pricing, improving operating performance and tighter trucking capacity. Management expects truckload operating income to improve meaningfully on a sequential basis, supporting the case for continued earnings recovery. First look: Knight-Swift’s Q3 beats expectations
• Positive Sentiment: Analysts still see upside: Stifel raised its price target to $92 and kept a buy rating, while JPMorgan increased its target to $74 with a neutral rating. Wells Fargo retained an overweight rating despite reducing its target modestly to $79. Analyst price-target changes
• Neutral Sentiment: Fourth-quarter guidance was mixed: KNX forecast adjusted EPS of $0.78–$0.84, compared with consensus of $0.82. The range suggests continued improvement, but the midpoint offers limited upside to estimates and may not be enough to satisfy investors seeking a stronger rebound.
• Negative Sentiment: Valuation and execution concerns remain: Although some analyses characterize KNX as significantly undervalued, profitability remains relatively low and the stock’s high earnings multiple leaves limited room for disappointment. The shares have therefore remained weak or stalled even after the earnings beat, as investors weigh the recovery’s pace against forward guidance.

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.