Knight-Swift Transportation (NYSE:KNX) Given New $60.00 Price Target at Benchmark

Knight-Swift Transportation (NYSE:KNX) had its price objective lifted by Benchmark from $55.00 to $60.00 in a research report released on Thursday morning,Benzinga reports. They currently have a buy rating on the transportation company’s stock.

Several other research analysts have also recently issued reports on the stock. Susquehanna upped their target price on shares of Knight-Swift Transportation from $42.00 to $58.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Evercore ISI boosted their price target on shares of Knight-Swift Transportation from $47.00 to $61.00 and gave the company an “in-line” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft raised Knight-Swift Transportation from a “hold” rating to a “buy” rating and upped their target price for the company from $43.00 to $53.00 in a research report on Thursday, October 2nd. Morgan Stanley increased their price objective on Knight-Swift Transportation from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Monday, December 8th. Finally, Weiss Ratings upgraded shares of Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $59.35.

Knight-Swift Transportation Stock Up 0.5%

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

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings data 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 during the quarter, compared to analyst estimates of $1.91 billion. Knight-Swift Transportation had a net margin of 1.90% and a return on equity of 2.98%. Knight-Swift Transportation’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.34 earnings per share. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. As a group, research analysts forecast that Knight-Swift Transportation will post 2.13 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Cary M. Flanagan sold 4,300 shares of the firm’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $45.04, for a total value of $193,672.00. Following the completion of the sale, the chief accounting officer owned 5,644 shares in the company, valued at $254,205.76. This trade represents a 43.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Reed Stultz sold 4,692 shares of Knight-Swift Transportation stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $51.51, for a total transaction of $241,684.92. Following the sale, the senior vice president owned 465 shares of the company’s stock, valued at approximately $23,952.15. The trade was a 90.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 43,992 shares of company stock worth $2,220,707. Company insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd grew its holdings in Knight-Swift Transportation by 1,478.6% during the 3rd 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 during the last quarter. SJS Investment Consulting Inc. boosted its stake in shares of Knight-Swift Transportation by 7,100.0% during the third quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 923 shares during the last quarter. Versant Capital Management Inc increased its position in Knight-Swift Transportation by 111.3% during the 3rd quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock worth $37,000 after purchasing an additional 493 shares in the last quarter. MMA Asset Management LLC acquired a new position in Knight-Swift Transportation in the 3rd quarter valued at about $41,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in Knight-Swift Transportation in the 2nd quarter valued at about $55,000. 88.77% of the stock is owned by hedge funds and other institutional investors.

Key Knight-Swift Transportation News

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

Knight-Swift Transportation Company Profile

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.