Benchmark Boosts Knight-Swift Transportation (NYSE:KNX) Price Target to $70.00

Knight-Swift Transportation (NYSE:KNX) had its target price hoisted by investment analysts at Benchmark from $65.00 to $70.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the transportation company’s stock. Benchmark’s target price indicates a potential upside of 8.93% from the stock’s current price.

A number of other analysts have also weighed in on the company. JPMorgan Chase & Co. raised their target price on Knight-Swift Transportation from $49.00 to $61.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Stephens lowered their target price on Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. Citigroup upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and set a $64.00 target price for the company in a research note on Friday, March 13th. UBS Group upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and raised their target price for the company from $54.00 to $66.00 in a research note on Wednesday, March 18th. Finally, Susquehanna raised their target price on Knight-Swift Transportation from $58.00 to $60.00 and gave the company a “neutral” rating in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $62.11.

Knight-Swift Transportation Stock Up 4.4%

Shares of NYSE KNX opened at $64.26 on Wednesday. The stock has a market cap of $10.44 billion, a PE ratio of 156.74, a PEG ratio of 0.92 and a beta of 1.11. The business has a fifty day moving average of $58.51 and a two-hundred day moving average of $52.60. Knight-Swift Transportation has a 52-week low of $37.76 and a 52-week high of $65.71. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.86 and a current ratio of 0.86.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings data on Wednesday, January 21st. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.05). The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.90 billion. Knight-Swift Transportation had a net margin of 0.88% and a return on equity of 2.88%. The firm’s revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.36 earnings per share. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. As a group, equities research analysts expect that Knight-Swift Transportation will post 2.13 earnings per share for the current fiscal year.

Insider Transactions at Knight-Swift Transportation

In related news, COO James L. Fitzsimmons sold 5,917 shares of Knight-Swift Transportation stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total value of $324,074.09. Following the completion of the sale, the chief operating officer directly owned 8,716 shares in the company, valued at $477,375.32. This trade represents a 40.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Kevin P. Knight sold 30,000 shares of Knight-Swift Transportation stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $61.00, for a total value of $1,830,000.00. Following the completion of the sale, the chairman owned 1,305,347 shares of the company’s stock, valued at approximately $79,626,167. The trade was a 2.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 42,930 shares of company stock valued at $2,581,186 in the last three months. Company insiders own 2.90% of the company’s stock.

Institutional Trading of Knight-Swift Transportation

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP increased its position in Knight-Swift Transportation by 23.6% in the fourth quarter. Wellington Management Group LLP now owns 12,918,523 shares of the transportation company’s stock worth $675,380,000 after purchasing an additional 2,468,293 shares during the period. Victory Capital Management Inc. increased its position in Knight-Swift Transportation by 0.9% in the third quarter. Victory Capital Management Inc. now owns 8,496,137 shares of the transportation company’s stock worth $335,682,000 after purchasing an additional 76,342 shares during the period. Dimensional Fund Advisors LP increased its position in Knight-Swift Transportation by 1.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 8,397,338 shares of the transportation company’s stock worth $439,016,000 after purchasing an additional 129,651 shares during the period. Allspring Global Investments Holdings LLC increased its position in Knight-Swift Transportation by 7.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 4,676,422 shares of the transportation company’s stock worth $244,250,000 after purchasing an additional 315,192 shares during the period. Finally, Ensign Peak Advisors Inc increased its position in Knight-Swift Transportation by 50.4% in the fourth quarter. Ensign Peak Advisors Inc now owns 2,939,212 shares of the transportation company’s stock worth $153,662,000 after purchasing an additional 984,422 shares during the period. 88.77% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Knight-Swift Transportation

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

• Positive Sentiment: Benchmark raised its price target on KNX from $65 to $70 and maintained a “buy” rating, providing bullish analyst support that can lift sentiment and buying interest. Article Title
• Neutral Sentiment: Knight‑Swift introduced second-quarter 2026 guidance of $0.450–$0.490 EPS, roughly in line with the $0.480 consensus, which reduces downside surprise risk for Q2 and gives investors a clearer near-term outlook. Article Title
• Neutral Sentiment: Business press and market previews ahead of the quarter highlighted expectations for declining Q1 results, keeping investor attention on guidance and cost drivers rather than surprise upside. Article Title
• Negative Sentiment: Knight‑Swift sharply cut Q1 2026 adjusted EPS guidance to $0.08–$0.10 from a prior $0.28–$0.32 range, well below the ~$0.25 consensus, signaling a significant near-term earnings hit. Article Title
• Negative Sentiment: The company attributed the Q1 hit to higher fuel costs and winter-weather disruptions, which increase operating costs and weigh on margins — a near-term earnings headwind investors are discounting. Article Title

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.