Stifel Nicolaus Increases Knight-Swift Transportation (NYSE:KNX) Price Target to $88.00

Knight-Swift Transportation (NYSE:KNX) had its price objective raised by Stifel Nicolaus from $85.00 to $88.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the transportation company’s stock. Stifel Nicolaus’ price objective would suggest a potential upside of 18.00% from the company’s previous close.

Several other analysts have also issued reports on the stock. Barclays boosted their price objective on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. JPMorgan Chase & Co. lifted their price objective on Knight-Swift Transportation from $70.00 to $77.00 and gave the company a “neutral” rating in a research note on Friday, July 10th. Wells Fargo & Company upped their target price on shares of Knight-Swift Transportation from $65.00 to $86.00 and gave the stock an “overweight” rating in a research note on Friday, June 5th. Benchmark raised their price target on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Finally, Morgan Stanley boosted their target price on Knight-Swift Transportation from $70.00 to $100.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $81.39.

Knight-Swift Transportation Price Performance

NYSE:KNX opened at $74.58 on Thursday. The company has a 50 day moving average price of $75.45 and a 200-day moving average price of $64.78. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.70 and a quick ratio of 0.70. Knight-Swift Transportation has a 1-year low of $38.63 and a 1-year high of $82.86. The firm has a market cap of $12.12 billion, a price-to-earnings ratio of 350.09, a price-to-earnings-growth ratio of 0.86 and a beta of 1.18.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.51 by $0.12. The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.05 billion. Knight-Swift Transportation had a net margin of 0.45% and a return on equity of 2.94%. The firm’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.21 EPS. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. Equities research analysts forecast that Knight-Swift Transportation will post 2.21 EPS for the current year.

Institutional Investors Weigh In On Knight-Swift Transportation

A number of institutional investors and hedge funds have recently made changes to their positions in KNX. Blue Trust Inc. lifted its holdings in shares of Knight-Swift Transportation by 123.9% during the first 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 boosted its holdings in shares of Knight-Swift Transportation by 134.6% in the fourth quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 385 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake 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 acquiring an additional 828 shares during the period. Los Angeles Capital Management LLC purchased a new stake in Knight-Swift Transportation in the 4th quarter valued at approximately $39,000. Finally, Fifth Third Bancorp boosted its holdings in Knight-Swift Transportation by 44.4% in the 4th quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock valued at $45,000 after purchasing an additional 267 shares in the last quarter. 88.77% of the stock is owned by hedge funds and other institutional investors.

Knight-Swift Transportation News Summary

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

• Positive Sentiment: Knight-Swift reported Q2 EPS of $0.63, above the $0.51 consensus, while revenue of $2.10 billion also topped estimates of $2.05 billion; revenue rose 12.6% year over year, suggesting improving operating momentum. Quarterly earnings details
• Positive Sentiment: The company raised Q3 2026 EPS guidance to $0.710-$0.770, above the $0.670 consensus, which signals confidence in near-term earnings strength. Q2 results press release
• Positive Sentiment: Analyst sentiment improved after the report, with TD Cowen raising its price target to $86 from $82 and Susquehanna lifting its target to $96 from $90, both with constructive ratings, indicating higher Street expectations for KNX. Analyst target update
• Positive Sentiment: KNX was also added to Zacks’ Strong Buy growth list, which may provide additional support to investor sentiment. Zacks Strong Buy list

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.