What is Zacks Research’s Estimate for KNX Q2 Earnings?

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) – Equities research analysts at Zacks Research raised their Q2 2026 earnings per share (EPS) estimates for shares of Knight-Swift Transportation in a note issued to investors on Wednesday, February 4th. Zacks Research analyst Team now anticipates that the transportation company will post earnings per share of $0.48 for the quarter, up from their previous forecast of $0.46. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Knight-Swift Transportation’s current full-year earnings is $2.13 per share.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings results on Wednesday, January 21st. The transportation company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.05). Knight-Swift Transportation had a net margin of 0.88% and a return on equity of 2.88%. The company had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.90 billion. During the same period in the previous year, the company posted $0.36 EPS. The company’s quarterly revenue was down .4% on a year-over-year basis. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS.

Other equities analysts have also issued research reports about the stock. Bank of America upgraded shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and boosted their target price for the company from $41.00 to $50.00 in a report on Thursday, October 16th. Benchmark raised their target price on Knight-Swift Transportation from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. JPMorgan Chase & Co. boosted their price target 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. TD Cowen raised their price objective on shares of Knight-Swift Transportation from $53.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. 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. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $60.00.

Knight-Swift Transportation Stock Performance

Shares of KNX stock opened at $60.27 on Friday. The stock has a market capitalization of $9.78 billion, a PE ratio of 147.00, a PEG ratio of 0.88 and a beta of 1.15. Knight-Swift Transportation has a one year low of $36.69 and a one year high of $61.28. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 1.33. The business’s 50 day simple moving average is $54.53 and its 200 day simple moving average is $47.20.

Institutional Investors Weigh In On Knight-Swift Transportation

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Legato Capital Management LLC acquired a new stake in shares of Knight-Swift Transportation in the 4th quarter worth about $2,073,000. Pzena Investment Management LLC bought a new stake in Knight-Swift Transportation during the 4th quarter worth approximately $66,151,000. PNC Financial Services Group Inc. increased its holdings in Knight-Swift Transportation by 43.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 22,966 shares of the transportation company’s stock worth $1,201,000 after purchasing an additional 6,983 shares in the last quarter. Handelsbanken Fonder AB raised its stake in shares of Knight-Swift Transportation by 7.9% in the fourth quarter. Handelsbanken Fonder AB now owns 45,100 shares of the transportation company’s stock worth $2,358,000 after purchasing an additional 3,300 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of Knight-Swift Transportation by 28.8% in the fourth quarter. HighTower Advisors LLC now owns 8,828 shares of the transportation company’s stock valued at $462,000 after purchasing an additional 1,973 shares in the last quarter. 88.77% of the stock is owned by institutional investors.

Insider Transactions at Knight-Swift Transportation

In other news, SVP Reed Stultz sold 4,692 shares of the company’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 transaction of $241,684.92. Following the transaction, the senior vice president directly owned 465 shares of the company’s stock, valued at $23,952.15. This represents a 90.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO James L. Fitzsimmons sold 5,917 shares of Knight-Swift Transportation stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $54.77, for a total transaction of $324,074.09. Following the completion of the sale, the chief operating officer directly owned 8,716 shares of the company’s stock, valued at approximately $477,375.32. The trade was a 40.44% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 46,852 shares of company stock worth $2,426,770. Insiders own 3.00% of the company’s stock.

More Knight-Swift Transportation News

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

• Positive Sentiment: Citi reaffirmed its rating (neutral) and set a $64 price target, giving investors an explicit upside reference that can support buying interest. Finviz
• Positive Sentiment: Zacks Research raised its Q2 2026 EPS estimate to $0.48 (from $0.46), a small but constructive near‑term revision that can lift quarter‑specific expectations. MarketBeat Zacks note
• Positive Sentiment: Brokerage consensus coverage referenced by AmericanBankingNews shows a “Moderate Buy” takeaway, which may attract momentum buyers and support sentiment. AmericanBankingNews
• Positive Sentiment: A Yahoo Finance piece argues the recent soft quarter may be less damaging than headlines suggest, a narrative that can limit downside after the January earnings miss. Yahoo Finance
• Neutral Sentiment: Institutional ownership remains high (around ~89%), and recent small position changes by some funds are unlikely to move shares materially in isolation but reflect ongoing institutional interest. MarketBeat
• Negative Sentiment: Zacks issued a series of downward revisions to multiple quarters and trimmed FY2026 and FY2027 EPS forecasts (FY2026 to $1.89, FY2027 to $3.04), flagging weaker near‑term profit outlook and raising execution risk. MarketBeat Zacks notes
• Negative Sentiment: Insider selling: COO James L. Fitzsimmons sold 5,917 shares (reducing his position ~40%) and EVP Michael K. Liu sold 1,243 shares; material insider dispositions can weigh on sentiment even if driven by personal liquidity or tax planning. SEC filing (Fitzsimmons) SEC filing (Liu)
• Negative Sentiment: January quarter missed consensus (EPS and revenue) and revenue was slightly down year‑over‑year — the earnings miss remains a baseline risk until upcoming quarterly cadence confirms improvement. MarketBeat earnings summary

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.