Stifel Nicolaus Raises Knight-Swift Transportation (NYSE:KNX) Price Target to $70.00

Knight-Swift Transportation (NYSE:KNX) had its price target boosted by investment analysts at Stifel Nicolaus from $63.00 to $70.00 in a report released on Thursday,Benzinga reports. The firm currently has a “buy” rating on the transportation company’s stock. Stifel Nicolaus’ price objective would indicate a potential upside of 7.32% from the stock’s previous close.

Several other equities analysts have also issued reports on KNX. Wells Fargo & Company lifted their price target on Knight-Swift Transportation from $60.00 to $65.00 and gave the company an “overweight” rating in a research note on Tuesday, April 7th. Barclays raised their price objective on Knight-Swift Transportation from $65.00 to $75.00 and gave the company an “overweight” rating in a research note on Wednesday, March 4th. Susquehanna boosted their target price on Knight-Swift Transportation from $60.00 to $72.00 and gave the stock a “neutral” rating in a research note on Wednesday. Stephens dropped their target price on shares of Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating for the company in a report on Thursday, January 22nd. Finally, UBS Group upgraded shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and raised their price target for the company from $54.00 to $66.00 in a research note on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $66.71.

Knight-Swift Transportation Stock Performance

Shares of Knight-Swift Transportation stock opened at $65.23 on Thursday. The company has a 50 day moving average of $59.12 and a 200-day moving average of $53.62. Knight-Swift Transportation has a 1-year low of $37.76 and a 1-year high of $67.75. The company has a current ratio of 0.70, a quick ratio of 0.86 and a debt-to-equity ratio of 0.26. The company has a market cap of $10.59 billion, a PE ratio of 310.61, a price-to-earnings-growth ratio of 0.99 and a beta of 1.11.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.20). Knight-Swift Transportation had a net margin of 0.45% and a return on equity of 2.94%. The firm had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same period last year, the business earned $0.28 earnings per share. The business’s revenue was up 1.4% compared to the same quarter last year. As a group, equities research analysts forecast that Knight-Swift Transportation will post 1.92 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Knight-Swift Transportation news, CFO Joshua Smith sold 5,770 shares of Knight-Swift Transportation stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $60.91, for a total transaction of $351,450.70. Following the transaction, the chief financial officer directly owned 9,214 shares of the company’s stock, valued at approximately $561,224.74. The trade was a 38.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael K. Liu sold 1,243 shares of the company’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $60.87, for a total value of $75,661.41. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 42,930 shares of company stock valued at $2,581,186. Company insiders own 2.90% of the company’s stock.

Hedge Funds Weigh In On Knight-Swift Transportation

A number of hedge funds have recently made changes to their positions in KNX. Blue Trust Inc. lifted its position in shares of Knight-Swift Transportation by 123.9% in the 1st quarter. Blue Trust Inc. now owns 544 shares of the transportation company’s stock worth $31,000 after purchasing an additional 301 shares during the period. Clearstead Advisors LLC increased its position in shares of Knight-Swift Transportation by 134.6% during the fourth quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock worth $35,000 after buying an additional 385 shares during the period. Caitong International Asset Management Co. Ltd increased its position in shares of 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 worth $35,000 after buying an additional 828 shares during the period. SJS Investment Consulting Inc. raised its stake in 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 worth $37,000 after buying an additional 923 shares during the last quarter. Finally, Versant Capital Management Inc raised its stake in Knight-Swift Transportation by 111.3% during the third quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock worth $37,000 after buying an additional 493 shares during the last quarter. 88.77% of the stock is currently owned by institutional investors.

More Knight-Swift Transportation News

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

• Positive Sentiment: Multiple brokerages raised price targets and reiterated buy/outperform ratings, signaling analyst confidence in upside (UBS to $79, TD Cowen to $78, Benchmark to $75, Stifel to $70, Baird to $70). These calls underpin upside expectations and likely stabilized sentiment after the print. Analyst Upgrades
• Positive Sentiment: Management says it’s pushing double‑digit truckload rate hikes as market capacity tightens — a direct positive for freight revenue and future margin recovery if implemented across volumes. Knight‑Swift eyes double-digit truckload rate gains
• Positive Sentiment: TD Cowen’s reiterated buy and analyst commentary highlighted tighter capacity, regulatory tailwinds, and margin upside as reasons to be bullish — supportive for medium‑term thesis. TD Cowen / TipRanks note
• Neutral Sentiment: Company reported Q1 revenue roughly in line with expectations and provided an earnings‑call deck/transcript; revenue was modestly up year‑over‑year but EPS declined versus last year. Market will watch cadence of rate realization and cost trends. Earnings Call Transcript
• Neutral Sentiment: Zacks and other coverage noted KNX met some consensus Q1 estimates (Zacks: EPS in line with its consensus) — which reduces downside from an outright miss but leaves questions on margin recovery timing. Zacks coverage
• Negative Sentiment: Press coverage (WSJ) highlighted that Knight‑Swift swung to a first‑quarter loss and cited higher fuel costs (linked to geopolitical events) and market tightness as near‑term headwinds — a clear driver of today’s weakness. WSJ: First‑quarter loss
• Negative Sentiment: Reported EPS of $0.09 was well below some street expectations and materially down from prior year, raising near‑term profit‑margin concerns despite revenue stability. This likely prompted profit‑taking after recent gains. Q1 Earnings Snapshot

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.