Knight-Swift Transportation (NYSE:KNX) Price Target Raised to $61.00

Knight-Swift Transportation (NYSE:KNX) had its price target boosted by Evercore ISI from $47.00 to $61.00 in a research note published on Tuesday,Benzinga reports. The brokerage currently has an in-line rating on the transportation company’s stock.

Several other research analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Knight-Swift Transportation from a “hold” rating to a “buy” rating and increased their target price for the stock from $43.00 to $53.00 in a report on Thursday, October 2nd. JPMorgan Chase & Co. increased their price objective on shares of Knight-Swift Transportation from $49.00 to $61.00 and gave the stock a “neutral” rating in a research note on Monday. Citigroup lifted their target price on Knight-Swift Transportation from $59.00 to $64.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Wells Fargo & Company upped their target price on Knight-Swift Transportation from $58.00 to $60.00 and gave the stock an “overweight” rating in a report on Tuesday, January 6th. Finally, Raymond James Financial raised their price target on Knight-Swift Transportation from $55.00 to $59.00 and gave the company a “strong-buy” rating in a research note on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $59.35.

Knight-Swift Transportation Stock Up 0.5%

Shares of Knight-Swift Transportation stock opened at $57.47 on Tuesday. The firm has a market cap of $9.33 billion, a PE ratio of 65.31, a P/E/G ratio of 0.76 and a beta of 1.16. The business’s 50 day simple moving average is $50.30 and its 200 day simple moving average is $45.97. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.33 and a current ratio of 1.33. Knight-Swift Transportation has a 52-week low of $36.69 and a 52-week high of $61.51.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.91 billion. Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.The company’s revenue was up 2.7% compared to the same quarter last year. During the same period last year, the company earned $0.34 EPS. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. On average, analysts predict that Knight-Swift Transportation will post 2.13 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Reed Stultz sold 4,692 shares of the firm’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $51.51, for a total value of $241,684.92. Following the completion of the sale, the senior vice president directly owned 465 shares of the company’s stock, valued at $23,952.15. This trade represents a 90.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Kevin P. Knight sold 35,000 shares of Knight-Swift Transportation stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $51.01, for a total value of $1,785,350.00. Following the transaction, the chairman owned 1,405,347 shares of the company’s stock, valued at $71,686,750.47. This represents a 2.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 43,992 shares of company stock worth $2,220,707. Company insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Knight-Swift Transportation

Several hedge funds have recently added to or reduced their stakes in KNX. Washington Capital Management Inc. bought a new stake in Knight-Swift Transportation in the 2nd quarter valued at about $464,000. Deprince Race & Zollo Inc. raised its position in shares of Knight-Swift Transportation by 5.8% in the third quarter. Deprince Race & Zollo Inc. now owns 701,856 shares of the transportation company’s stock valued at $27,730,000 after buying an additional 38,474 shares in the last quarter. Entropy Technologies LP bought a new stake in shares of Knight-Swift Transportation in the second quarter valued at approximately $1,232,000. Bank of Nova Scotia bought a new stake in shares of Knight-Swift Transportation in the second quarter valued at approximately $5,563,000. Finally, Pacer Advisors Inc. grew its position in Knight-Swift Transportation by 41,931.4% during the third quarter. Pacer Advisors Inc. now owns 21,436 shares of the transportation company’s stock worth $847,000 after buying an additional 21,385 shares in the last quarter. Institutional investors and hedge funds 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: Barclays raised its price target to $65 and assigned an “overweight” rating — the largest single PT increase among recent broker moves, signaling stronger buy‑side conviction and upward price pressure. Barclays raises PT to $65
• Positive Sentiment: Stifel Nicolaus lifted its target to $63 and kept a “buy” rating, reinforcing the bullish analyst trend and supporting the rally. Stifel raises PT to $63
• Positive Sentiment: Benchmark bumped its target to $60 with a “buy” — another near‑term endorsement that aggregates upward pressure on the shares. Benchmark raises PT to $60
• Positive Sentiment: Evercore ISI and JPMorgan separately raised targets to $61, adding to the consensus of higher analyst valuations and supporting momentum into earnings. Evercore raises PT to $61 JPMorgan raises PT to $61
• Positive Sentiment: Operationally, Swift is absorbing Abilene Motor Express — a consolidation that should expand scale and network density for Knight‑Swift’s brokerage/asset network, viewed positively by investors. Abilene absorbed into Swift
• Neutral Sentiment: Industry coverage pieces are digging into analyst projections beyond revenue/EPS for KNX’s fiscal Q4 — useful for investors but not immediately directional until the company reports. Zacks: Exploring analyst estimates
• Negative Sentiment: A separate Zacks preview argues Knight‑Swift may lack the setup for an earnings beat next week, a cautionary signal that could cap gains or trigger a pullback if the company misses expectations. Zacks: Reports next week — what to know

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.