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

Knight-Swift Transportation (NYSE:KNX) had its price target upped by Susquehanna from $90.00 to $96.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “positive” rating on the transportation company’s stock. Susquehanna’s target price indicates a potential upside of 26.27% from the company’s previous close.

Several other analysts also recently commented on KNX. The Goldman Sachs Group increased their price objective on Knight-Swift Transportation from $65.00 to $86.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Wells Fargo & Company upped their target price on shares of Knight-Swift Transportation from $65.00 to $86.00 and gave the stock an “overweight” rating in a research note on Friday, June 5th. Citizens Jmp assumed coverage on shares of Knight-Swift Transportation in a report on Wednesday, July 15th. They set a “market outperform” rating and a $90.00 price target on the stock. Morgan Stanley lifted their target price on shares of Knight-Swift Transportation from $70.00 to $100.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Finally, Robert W. Baird lifted their price target on Knight-Swift Transportation from $62.00 to $70.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $81.22.

Knight-Swift Transportation Trading Down 0.9%

Shares of Knight-Swift Transportation stock opened at $76.03 on Thursday. Knight-Swift Transportation has a 52 week low of $38.63 and a 52 week high of $82.86. The stock has a 50 day moving average price of $75.45 and a two-hundred day moving average price of $64.78. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.70 and a current ratio of 0.70. The stock has a market capitalization of $12.35 billion, a PE ratio of 362.06, a price-to-earnings-growth ratio of 0.86 and a beta of 1.18.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.63 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 net margin of 0.45% and a return on equity of 2.94%. Knight-Swift Transportation’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.21 EPS. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. As a group, equities analysts anticipate that Knight-Swift Transportation will post 2.21 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Knight-Swift Transportation

Several large investors have recently modified their holdings of KNX. Blue Trust Inc. grew its stake in shares of Knight-Swift Transportation by 123.9% during the 1st quarter. Blue Trust Inc. now owns 544 shares of the transportation company’s stock worth $31,000 after acquiring an additional 301 shares during the period. Clearstead Advisors LLC increased its holdings in Knight-Swift Transportation by 134.6% in the 4th quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock worth $35,000 after acquiring an additional 385 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in Knight-Swift Transportation in the 4th quarter valued at about $39,000. Fifth Third Bancorp raised its stake in Knight-Swift Transportation by 44.4% in the 4th quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 267 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in Knight-Swift Transportation by 1,478.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 828 shares during the last quarter. Hedge funds and other institutional investors own 88.77% of the company’s stock.

More Knight-Swift Transportation News

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

• Positive Sentiment: Knight-Swift delivered adjusted EPS of $0.63, topping estimates of about $0.49-$0.51, while revenue of $2.10 billion also came in above forecasts of roughly $2.05 billion. Article Title
• Positive Sentiment: The company’s revenue increased 12.6% year over year, suggesting improving freight demand and better operating momentum versus last year. Article Title
• Positive Sentiment: Management raised optimism for the next quarter, guiding Q3 2026 EPS to $0.71-$0.77 versus consensus near $0.67, which signals expectations for continued profitability improvement. Article Title
• Neutral Sentiment: Several coverage notes highlighted “rapid progression” in truckload fundamentals and included the earnings call transcript and presentation, reinforcing the market’s focus on management commentary about freight trends and capacity discipline. Article Title
• Positive Sentiment: Zacks also added KNX to its Strong Buy growth list ahead of the report, which may have added to bullish sentiment around the name. Article Title

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.