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Knight-Swift Transportation (KNX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

KNX Stock Forecast

Knight-Swift Transportation stock forecast is as follows: an average price target of $54.00 (represents a 3.95% upside from KNX’s last price of $51.95) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

KNX Price Target

The average price target for Knight-Swift Transportation (KNX) is $54.00 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $55.00 to $53.00. This represents a potential 3.95% upside from KNX's last price of $51.95.

KNX Analyst Ratings

Buy

According to 12 Wall Street analysts, Knight-Swift Transportation's rating consensus is 'Buy'. The analyst rating breakdown for KNX stock is 1 'Strong Buy' (8.33%), 7 'Buy' (58.33%), 4 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Knight-Swift Transportation Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 08, 2024Ariel RosaCitigroup$55.00$51.726.34%5.87%
Jun 25, 2024Jon ChappellEvercore ISI$53.00$48.898.41%2.02%
Jun 07, 2024Christian WetherbeeWells Fargo$56.00$48.1416.33%7.80%
Apr 26, 2024Bruce ChanStifel Nicolaus$47.00$47.14-0.30%-9.53%
Apr 25, 2024Benjamin HartfordRobert W. Baird$60.00$48.5123.69%15.50%
Apr 25, 2024Jon ChappellEvercore ISI$55.00$48.5113.38%5.87%
Apr 18, 2024Bruce ChanStifel Nicolaus$53.00$48.539.21%2.02%
Apr 18, 2024Bascome MajorsSusquehanna$50.00$48.533.03%-3.75%
Apr 17, 2024Rick PatersonLoop Capital Markets$53.00$48.539.21%2.02%
Apr 17, 2024Amit MehrotraDeutsche Bank$61.00$48.9824.54%17.42%
Apr 01, 2024Brandon OglenskiBarclays$62.00$55.0212.69%19.35%
Oct 20, 2023Ravi ShankerMorgan Stanley$75.00$50.6148.19%44.37%
Jul 21, 2023Bascome MajorsSusquehanna$51.00$56.32-9.45%-1.83%
Nov 29, 2022Deutsche Bank$69.00$54.5426.51%32.82%
Jul 21, 2022Susquehanna$65.00$50.2229.43%25.12%
Jul 21, 2022Raymond James$55.00$50.229.52%5.87%
Jul 15, 2022Wells Fargo$58.00$47.8521.21%11.65%
Jul 13, 2022Barclays$58.00$47.7021.59%11.65%
Jul 12, 2022Bert SubinStifel Nicolaus$67.00$49.0036.73%28.97%
Jul 12, 2022Jonathan ChappellEvercore ISI$35.00$48.09-27.22%-32.63%
Apr 25, 2022Raymond James$53.00$47.8310.81%2.02%
Apr 20, 2022Raymond James$50.00$48.343.43%-3.75%
Jan 27, 2022Jonathan ChappellEvercore ISI$63.00$54.4215.77%21.27%
Jan 27, 2022Felix BoeschenRaymond James$62.00$54.4213.93%19.35%
Jan 27, 2022Ravi ShankerMorgan Stanley$85.00$54.4256.19%63.62%
Jan 26, 2022Jordan AlligerGoldman Sachs$60.00$54.0311.05%15.50%
Dec 13, 2021Allison Poliniak-CusicWells Fargo$69.00$61.2612.63%32.82%
Dec 07, 2021Joseph DeNardiStifel Nicolaus$72.00$60.4719.07%38.59%
Dec 07, 2021Christian WetherbeeCitigroup$64.00$60.346.07%23.20%
Dec 07, 2021Thomas WadewitzUBS$67.00$60.3411.04%28.97%
Nov 23, 2021Todd FowlerKeyBanc$70.00$58.1720.34%34.74%
Oct 21, 2021Jack AtkinsStephens$67.00$56.5218.54%28.97%

The latest Knight-Swift Transportation stock forecast, released on Oct 08, 2024 by Ariel Rosa from Citigroup, set a price target of $55.00, which represents a 6.34% increase from the stock price at the time of the forecast ($51.72), and a 5.87% increase from KNX last price ($51.95).

Knight-Swift Transportation Price Target by Period

1M3M12M
# Anlaysts-111
Avg Price Target-$55.00$55.00
Last Closing Price$51.95$51.95$51.95
Upside/Downside-100.00%5.87%5.87%

In the current month, the average price target of Knight-Swift Transportation stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Knight-Swift Transportation's last price of $51.95. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 24, 2024Cowen & Co.BuyBuyHold
Oct 14, 2024Raymond JamesStrong BuyStrong BuyHold
Oct 08, 2024CitigroupBuyNeutralInitialise
Sep 26, 2024SusquehannaNeutralNeutralHold
Aug 20, 2024BarclaysOverweightOverweightHold
Jul 25, 2024Cowen & Co.BuyBuyHold
Jul 11, 2024Wolfe ResearchOutperformPeer PerformDowngrade
Apr 18, 2024Cowen & Co.BuyBuyHold
Apr 18, 2024SusquehannaNeutralNeutralHold
Apr 18, 2024Bank of America SecuritiesBuyBuyHold
Apr 17, 2024Loop Capital MarketsHoldDowngrade
Apr 17, 2024Deutsche BankBuyBuyHold
Apr 01, 2024BarclaysOverweightOverweightHold
Oct 24, 2023CFRAHoldUpgrade
Oct 20, 2023Morgan StanleyOverweightOverweightHold
Jul 21, 2023SusquehannaNeutralNeutralHold
May 22, 2023CitigroupBuyUpgrade
Mar 22, 2023Wolfe ResearchOutperformUpgrade
Jan 04, 2023Wells FargoOverweightOverweightHold
Nov 29, 2022Deutsche BankBuyBuyHold
Jul 21, 2022SusquehannaPositivePositiveHold
Jul 21, 2022Raymond JamesOutperformOutperformHold
Jul 15, 2022Wells FargoOverweightOverweightHold
Jul 13, 2022BarclaysOverweightOverweightHold
Jul 12, 2022Evercore ISIOutperformUpgrade
Apr 26, 2022SusquehannaPositiveUpgrade

Knight-Swift Transportation's last stock rating was published by Cowen & Co. on Oct 24, 2024. The company gave KNX a "Buy" rating, the same as its previous rate.

Knight-Swift Transportation Financial Forecast

Knight-Swift Transportation Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue----------------$1.93B$2.02B$1.55B$1.64B$1.74B$1.90B$1.96B$1.83B$1.82B$1.64B$1.32B$1.22B$1.28B$1.21B
Avg Forecast$2.65B$2.58B$2.51B$2.45B$2.38B$2.32B$2.26B$2.20B$2.02B$1.99B$1.94B$1.84B$1.88B$1.91B$1.83B$1.82B$1.96B$1.89B$1.58B$1.61B$1.80B$1.92B$1.86B$1.76B$1.73B$1.52B$1.30B$1.22B$1.28B$1.16B
High Forecast$2.68B$2.61B$2.54B$2.48B$2.41B$2.35B$2.29B$2.23B$2.05B$2.02B$1.96B$1.86B$1.91B$1.91B$1.83B$1.82B$2.03B$1.91B$1.60B$1.63B$1.83B$1.92B$1.86B$1.76B$1.73B$1.52B$1.30B$1.22B$1.28B$1.16B
Low Forecast$2.62B$2.55B$2.49B$2.42B$2.36B$2.30B$2.24B$2.18B$2.00B$1.97B$1.92B$1.83B$1.86B$1.91B$1.83B$1.82B$1.83B$1.87B$1.57B$1.59B$1.79B$1.92B$1.86B$1.76B$1.73B$1.52B$1.30B$1.22B$1.28B$1.16B
# Analysts444444443335947494643743474498
Surprise %----------------0.99%1.07%0.98%1.02%0.97%0.99%1.05%1.04%1.05%1.08%1.01%1.00%1.00%1.04%

Knight-Swift Transportation's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.82B, with a low forecast of $1.82B, and a high forecast of $1.82B. KNX's average Quarter revenue forecast represents a -5.55% decrease compared to the company's last Quarter revenue of $1.93B (Dec 23).

Knight-Swift Transportation EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts444444443335947494643743474498
EBITDA----------------$126.34M$98.03M$109.22M$159.54M$211.14M$275.15M$300.88M$284.95M$490.85M$428.70M$343.48M$310.27M$328.51M$300.26M
Avg Forecast$598.12M$582.45M$567.20M$552.34M$537.87M$523.78M$510.06M$496.70M$456.13M$449.82M$437.87M$416.05M$424.51M$431.21M$413.94M$500.44M$441.37M$426.23M$357.67M$454.95M$471.97M$259.80M$252.43M$413.59M$234.96M$205.81M$176.01M$247.32M$173.47M$157.67M
High Forecast$605.62M$589.75M$574.30M$559.26M$544.61M$530.34M$516.45M$502.92M$461.84M$455.46M$443.35M$420.62M$431.21M$431.89M$413.94M$600.53M$457.46M$431.58M$362.15M$545.93M$566.37M$259.80M$252.43M$496.30M$234.96M$205.81M$176.01M$296.78M$173.47M$157.67M
Low Forecast$591.69M$576.19M$561.10M$546.40M$532.08M$518.15M$504.57M$491.35M$451.22M$444.99M$433.16M$413.77M$420.04M$430.53M$413.94M$400.35M$413.78M$421.65M$353.82M$363.96M$377.58M$259.80M$252.43M$330.87M$234.96M$205.81M$176.01M$197.85M$173.47M$157.67M
Surprise %----------------0.29%0.23%0.31%0.35%0.45%1.06%1.19%0.69%2.09%2.08%1.95%1.25%1.89%1.90%

4 analysts predict KNX's average Quarter EBITDA for Mar 24 to be $500.44M, with a high of $600.53M and a low of $400.35M. This is 296.11% upper than Knight-Swift Transportation's previous annual EBITDA (Dec 23) of $126.34M.

Knight-Swift Transportation Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts444444443335947494643743474498
Net Income----------------$-10.65M$60.19M$63.33M$104.28M$148.70M$194.79M$219.49M$208.34M$254.60M$206.18M$152.80M$129.79M$142.33M$122.06M
Avg Forecast$188.26M$197.23M$185.40M$159.20M$155.21M$161.47M$142.54M$109.75M$111.36M$97.00M$79.23M$50.15M$54.73M$52.00M$44.51M$234.08M$70.58M$57.72M$85.87M$212.80M$244.82M$212.19M$219.10M$193.46M$231.64M$173.03M$142.75M$103.46M$147.84M$101.81M
High Forecast$191.32M$200.44M$188.42M$161.79M$157.74M$164.10M$144.86M$111.54M$113.18M$98.58M$80.52M$51.72M$61.17M$53.10M$44.53M$280.90M$71.73M$58.66M$87.27M$255.36M$293.79M$215.21M$219.10M$232.15M$231.64M$173.03M$142.75M$124.15M$147.84M$101.81M
Low Forecast$185.62M$194.47M$182.81M$156.97M$153.04M$159.21M$140.55M$108.22M$109.81M$95.64M$78.12M$48.58M$51.51M$50.91M$44.48M$187.27M$69.08M$56.92M$84.67M$170.24M$195.86M$209.17M$219.10M$154.76M$231.64M$173.03M$142.75M$82.76M$147.84M$101.81M
Surprise %-----------------0.15%1.04%0.74%0.49%0.61%0.92%1.00%1.08%1.10%1.19%1.07%1.25%0.96%1.20%

Knight-Swift Transportation's average Quarter net income forecast for Dec 23 is $70.58M, with a range of $69.08M to $71.73M. KNX's average Quarter net income forecast represents a 17.26% increase compared to the company's last Quarter net income of $60.19M (Sep 23).

Knight-Swift Transportation SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts444444443335947494643743474498
SG&A-----------------$157.28M$143.49M$143.79M$146.10M$121.59M$107.83M$104.06M$93.40M$80.37M$63.41M$60.68M$52.82M$50.26M
Avg Forecast$155.46M$151.39M$147.43M$143.56M$139.80M$136.14M$132.57M$129.10M$118.56M$116.92M$113.81M$108.14M$110.34M$112.08M$107.59M$116.92M$114.72M$110.79M$92.97M$106.29M$89.81M$86.69M$84.23M$96.63M$78.40M$68.67M$58.73M$48.37M$57.88M$52.61M
High Forecast$157.41M$153.29M$149.27M$145.36M$141.56M$137.85M$134.24M$130.72M$120.04M$118.38M$115.24M$109.33M$112.08M$112.26M$107.59M$140.31M$118.90M$112.18M$94.13M$127.55M$107.77M$86.69M$84.23M$115.95M$78.40M$68.67M$58.73M$58.04M$57.88M$52.61M
Low Forecast$153.79M$149.76M$145.84M$142.02M$138.30M$134.68M$131.15M$127.71M$117.28M$115.66M$112.59M$107.55M$109.18M$111.90M$107.59M$93.54M$107.55M$109.60M$91.97M$85.03M$71.85M$86.69M$84.23M$77.30M$78.40M$68.67M$58.73M$38.69M$57.88M$52.61M
Surprise %-----------------1.42%1.54%1.35%1.63%1.40%1.28%1.08%1.19%1.17%1.08%1.25%0.91%0.96%

Knight-Swift Transportation's average Quarter SG&A projection for Dec 23 is $114.72M, based on 9 Wall Street analysts, with a range of $107.55M to $118.90M. The forecast indicates a -27.06% fall compared to KNX last annual SG&A of $157.28M (Sep 23).

Knight-Swift Transportation EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts444444443335947494643743474498
EPS----------------$-0.07$0.37$0.39$0.65$0.93$1.21$1.35$1.26$1.53$1.24$0.92$0.77$0.85$0.72
Avg Forecast$1.16$1.22$1.14$0.98$0.96$1.00$0.88$0.68$0.69$0.60$0.49$0.31$0.34$0.32$0.27$0.30$0.44$0.36$0.53$0.80$1.11$1.31$1.35$1.26$1.43$1.07$0.88$0.70$0.91$0.63
High Forecast$1.18$1.24$1.16$1.00$0.97$1.01$0.89$0.69$0.70$0.61$0.50$0.32$0.38$0.33$0.27$0.30$0.44$0.36$0.54$0.81$1.13$1.33$1.35$1.26$1.43$1.07$0.88$0.70$0.91$0.63
Low Forecast$1.14$1.20$1.13$0.97$0.94$0.98$0.87$0.67$0.68$0.59$0.48$0.30$0.32$0.31$0.27$0.30$0.43$0.35$0.52$0.79$1.10$1.29$1.35$1.26$1.43$1.07$0.88$0.70$0.91$0.63
Surprise %-----------------0.15%1.04%0.74%0.81%0.84%0.92%1.00%1.00%1.07%1.16%1.04%1.10%0.93%1.15%

According to 9 Wall Street analysts, Knight-Swift Transportation's projected average Quarter EPS for Dec 23 is $0.44, with a low estimate of $0.43 and a high estimate of $0.44. This represents a 17.59% increase compared to KNX previous annual EPS of $0.37 (Sep 23).

Knight-Swift Transportation Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HTLDHeartland Express$11.72$16.3339.33%Hold
MRTNMarten Transport$16.71$22.5034.65%Hold
ARCBArcBest$106.03$139.3331.41%Hold
ODFLOld Dominion Freight Line$198.98$202.381.71%Hold
KNXKnight-Swift Transportation$53.94$54.000.11%Buy
SNDRSchneider National$30.08$28.50-5.25%Buy
WERNWerner Enterprises$38.25$35.67-6.75%Sell
ULHUniversal Logistics$47.90$36.00-24.84%

KNX Forecast FAQ

Is Knight-Swift Transportation a good buy?

Yes, according to 12 Wall Street analysts, Knight-Swift Transportation (KNX) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 7 'Buy' recommendations, accounting for 66.67% of KNX's total ratings.

What is KNX's price target?

Knight-Swift Transportation (KNX) average price target is $54 with a range of $53 to $55, implying a 3.95% from its last price of $51.95. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Knight-Swift Transportation stock go up soon?

According to Wall Street analysts' prediction for KNX stock, the company can go up by 3.95% (from the last price of $51.95 to the average price target of $54), up by 5.87% based on the highest stock price target, and up by 2.02% based on the lowest stock price target.

Can Knight-Swift Transportation stock reach $80?

KNX's average twelve months analyst stock price target of $54 does not support the claim that Knight-Swift Transportation can reach $80 in the near future.

What are Knight-Swift Transportation's analysts' financial forecasts?

Knight-Swift Transportation's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $9.16B (high $9.28B, low $9.07B), average EBITDA is $2.07B (high $2.09B, low $2.05B), average net income is $568.97M (high $578.24M, low $561.01M), average SG&A $537.62M (high $544.36M, low $531.84M), and average EPS is $3.51 (high $3.56, low $3.46). KNX's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $10.19B (high $10.32B, low $10.08B), average EBITDA is $2.3B (high $2.33B, low $2.28B), average net income is $730.08M (high $741.98M, low $719.87M), average SG&A $597.85M (high $605.34M, low $591.42M), and average EPS is $4.5 (high $4.57, low $4.44).

Did the KNX's actual financial results beat the analysts' financial forecasts?

Based on Knight-Swift Transportation's last annual report (Dec 2022), the company's revenue was $7.43B, beating the average analysts forecast of $7.34B by 1.16%. Apple's EBITDA was $1.07B, missing the average prediction of $1.4B by -23.30%. The company's net income was $771.32M, missing the average estimation of $869.57M by -11.30%. Apple's SG&A was $479.57M, beating the average forecast of $357.35M by 34.20%. Lastly, the company's EPS was $4.75, missing the average prediction of $5.03 by -5.63%. In terms of the last quarterly report (Dec 2023), Knight-Swift Transportation's revenue was $1.93B, missing the average analysts' forecast of $1.96B by -1.21%. The company's EBITDA was $126.34M, missing the average prediction of $441.37M by -71.38%. Knight-Swift Transportation's net income was $-10.655M, missing the average estimation of $70.58M by -115.10%. The company's SG&A was $0, missing the average forecast of $114.72M by -100.00%. Lastly, the company's EPS was $-0.066, missing the average prediction of $0.435 by -115.17%