Evercore ISI Reaffirms Buy Rating on Knight-Swift Transportation
Evercore ISI Group maintains a buy rating for Knight-Swift with an $84 target, a 8.92% upside from the current price.
Key Points
- Evercore ISI Group reiterated its buy rating on Knight-Swift Transportation Holdings Inc. (NYSE: KNX) with a price target of $84 on July 1, 2026.
- Evercore ISI Group's $84 price target implies 8.92% upside from Knight-Swift Transportation Holdings Inc.'s ($KNX) current $77.12 share price.
- Knight-Swift traded near $77.12 on Wednesday and has a market cap of about $12.65 billion, with a forward P/E of 22.03.
- Insider activity included both purchases and sales, while analysts mostly maintain buy ratings with targets up to $94.
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Evercore ISI Group has reiterated its buy rating on Knight-Swift Transportation Holdings Inc. (NYSE: KNX), setting a price target of $84. The reaffirmation was made by analyst Jonathan Chappell on July 1, 2026.
Evercore ISI Group vs. the S&P 500
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Other Institutional Activity in Knight-Swift Transportation
BlackRock, Inc. grew its holdings by 449,411 shares, ending with 14,931,515 shares valued at about $859.7 million. FMR LLC reduced its position by 6,665,427 shares, now holding 9,706,667 shares worth approximately $558.9 million. Dimensional Fund Advisors LP added 60,750 shares, bringing its total to 8,458,088 shares valued at roughly $487 million. Both Vanguard Capital Management LLC and Vanguard Portfolio Management LLC opened new positions, holding 7,030,867 and 6,606,340 shares valued at $404.8 million and $380.4 million, respectively.
Knight-Swift Transportation Holdings Inc. Stock Up 14.7%
Shares of NYSE:KNX traded near $77.12 on Wednesday. Knight-Swift has a market cap of about $12.65 billion and a forward P/E ratio of 22.03. The stock's 52-week range is between $38.63 and $82.86, with a 50-day moving average of $70.96 and a 200-day moving average of $56.42. The company's beta is 1.196, indicating moderate volatility compared to the market.
$KNX price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Knight-Swift reported revenue of approximately $7.50 billion, with a modest growth rate of 1.4%. The company's net margin stands at 0.45%, and its return on equity is 0.48%. The next earnings report is expected on July 22, 2026.
Dividend
Knight-Swift offers an annual dividend rate of $0.80, yielding about 1.03%. The dividend payout ratio is low at 3.52%, suggesting a conservative approach to shareholder returns.
Insider Buying and Selling at Knight-Swift Transportation Holdings Inc.
On May 31, 2026, CFO Andrew Hess sold 321 shares at an average price of $75.63 and also bought 1,209 shares. Executive VP and CAO Cary Flanagan sold 1,214 shares at the same price. COO James Fitzsimmons of Swift Transportation bought 5,751 shares and sold 5,513 shares on the same day.
Analysts Set New Price Targets
On July 1, 2026, Evercore ISI Group maintained its buy rating with a target price of $84. Barclays reaffirmed its buy rating on June 25, 2026, with a target of $90. Goldman Sachs maintained a buy rating with an $86 target on June 23, 2026. Citigroup downgraded the stock to hold with a $90 target on June 15, 2026. Wells Fargo and UBS also maintained buy ratings with targets of $86 and $94, respectively.
About Knight-Swift Transportation
Knight-Swift Transportation Holdings Inc., based in Phoenix, Arizona, operates as a major freight transportation company in the U.S. and Mexico. It provides a range of services through its Truckload, LTL, Logistics, and Intermodal segments, catering to industries like retail, food and beverage, and automotive. The company employs over 37,100 people.
Bottom Line
Evercore ISI's reaffirmation of its buy rating on Knight-Swift reflects ongoing analyst confidence, with a target price of $84. Investors keep an eye on these ratings for insights, though it's important to remember that they represent past analyses and may not reflect current market conditions.
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