Evercore ISI Group Raises KNX Price Target to $79

Evercore ISI Group maintained its Outperform rating on Knight-Swift Transportation Holdings Inc. (NYSE:KNX) on October 22, 2026, while raising its price target from $74.00 to $79.00. The research note arrived alongside updates from several other major Wall Street firms evaluating the trucking provider.

KNX Knight-Swift Transportation Holdings Inc.

$60.42 ▲ +16.69% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Other Institutional Activity in Knight-Swift Transportation Holdings Inc.

Large asset managers continue to adjust their holdings in the freight carrier based on mid-year 13F filings. Victory Capital Management Inc. trimmed its position by 1,546,651 shares, ending the period with 4,786,891 shares valued at about $303.3 million. AQR Capital Management, LLC grew its holdings by 1,078,158 shares, ending with 4,488,969 shares worth about $284.4 million following a 31.6% increase. Slate Path Capital, LP reduced its stake by 1,207,196 shares, ending with 3,411,000 shares valued at roughly $216.1 million.

Knight-Swift Transportation Holdings Inc. Stock Down 3.1%

Knight-Swift shares recently traded around $63.20, down about 0.3% from an event-day close of $63.36 on October 22, 2026. The stock sits below both its 50-day moving average of $67.17 and its 200-day moving average of $65.83. The company has a market capitalization of roughly $10.4 billion and a trailing P/E ratio of 68.1, with a forward P/E of 15.8.

Recent Earnings

Knight-Swift generated trailing-twelve-month revenue of $7.73 billion with earnings of $0.94 per share. The company reported a net profit margin of 0.6% and a return on equity of 0.6%, alongside year-over-year revenue growth of 12.6%. The company's next quarterly earnings release is scheduled for January 20, 2027.

Dividend

The company pays an annual dividend of $0.80 per share, giving investors a dividend yield of 1.27% based on recent trading levels. The payout ratio sits at 281.5%.

Insider Buying and Selling at Knight-Swift Transportation Holdings Inc.

Company insiders completed several stock sales ahead of the autumn rating updates. Officer Cary Michael Flanagan sold 3,600 shares on July 31, 2026, at an average price of $70.82 for a total of $254,952. Director Reid B. Dove sold 50,000 shares on July 31, 2026, at $70.25 per share, realizing roughly $3.5 million, and later sold 169,154 shares on August 13, 2026, valued at $12.3 million. Director David N. Vander Ploeg sold 2,200 shares on August 12, 2026, at $71.31 per share for a total of $156,882.

Analysts Set New Price Targets

Wall Street firms updated their stances on October 22, 2026. UBS maintained its Buy rating while lowering its target from $94.00 to $82.00 on October 13, 2026. Wells Fargo maintained an Overweight rating and adjusted its target from $81.00 to $79.00. JP Morgan kept a Neutral rating while raising its target to $74.00 from $68.00. Stifel maintained a Buy rating and increased its target to $92.00 from $90.00. Across twenty analyst opinions, the stock carries a consensus buy rating with a mean price target of $85.15.

About Knight-Swift Transportation Holdings Inc.

Knight-Swift Transportation operates a massive freight network across North America, connecting shippers with truckload, less-than-truckload, logistics, and intermodal transport services. The Phoenix-based carrier runs specialized equipment ranging from refrigerated trailers to flatbeds, making its financial health an important barometer for broader industrial shipping demand.

Bottom Line

Investors will watch for volume trends and operating margins when Knight-Swift delivers its next earnings report on January 20, 2027. The company's ongoing integration of its freight segments remains a focal point for institutional shareholders and research analysts alike.