Knight-Swift Transportation (NYSE:KNX) Issues Q3 2026 Earnings Guidance

Knight-Swift Transportation (NYSE:KNX) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.710-0.770 for the period, compared to the consensus estimate of 0.670. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of research firms have commented on KNX. JPMorgan Chase & Co. increased their price target on Knight-Swift Transportation from $77.00 to $84.00 and gave the company a “neutral” rating in a research note on Thursday. Weiss Ratings restated a “hold (c-)” rating on shares of Knight-Swift Transportation in a research note on Monday, July 13th. Stephens upgraded shares of Knight-Swift Transportation to a “strong-buy” rating in a report on Wednesday, July 8th. Citigroup upgraded shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and set a $90.00 price objective on the stock in a report on Thursday, July 9th. Finally, Zacks Research raised shares of Knight-Swift Transportation from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Knight-Swift Transportation currently has a consensus rating of “Buy” and a consensus target price of $84.44.

Knight-Swift Transportation Price Performance

NYSE KNX opened at $72.05 on Friday. The company has a market cap of $11.71 billion, a price-to-earnings ratio of 277.13, a PEG ratio of 0.85 and a beta of 1.18. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.70 and a quick ratio of 0.70. The stock’s fifty day moving average price is $75.53 and its 200 day moving average price is $64.92. Knight-Swift Transportation has a 1 year low of $38.63 and a 1 year high of $82.86.

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 analysts’ consensus estimates of $0.51 by $0.12. The company had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.05 billion. Knight-Swift Transportation had a return on equity of 3.50% and a net margin of 0.56%.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 posted $0.21 EPS. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. As a group, equities research analysts forecast that Knight-Swift Transportation will post 2.21 earnings per share for the current year.

Knight-Swift Transportation Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Monday, June 8th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, June 8th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.1%. Knight-Swift Transportation’s payout ratio is 380.95%.

Key Stories Impacting Knight-Swift Transportation

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

• Positive Sentiment: Q2 results beat expectations, with EPS of $0.63 topping estimates and revenue of $2.10 billion coming in above forecasts. The company also reported 12.6% year-over-year revenue growth, signaling improved demand and execution. Article Title
• Positive Sentiment: Management raised Q3 2026 EPS guidance to $0.71-$0.77, above the consensus estimate of $0.67, which suggests momentum is carrying into the next quarter. Article Title
• Positive Sentiment: Several Wall Street firms lifted price targets after the earnings report, including Bank of America, Stifel, Susquehanna, TD Cowen, and JPMorgan, reflecting improved confidence in Knight-Swift’s earnings outlook and valuation potential. Article Title
• Positive Sentiment: Commentary from Seeking Alpha highlighted that truckload pricing is finally improving enough to translate into stronger earnings and margin expansion, with truckload adjusted EBIT up sharply and US Xpress posting its first profitable quarter after the acquisition. Article Title

Hedge Funds Weigh In On Knight-Swift Transportation

Institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Knight-Swift Transportation by 1,478.6% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 828 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Knight-Swift Transportation during the fourth quarter worth $39,000. Transamerica Financial Advisors LLC lifted its position in Knight-Swift Transportation by 151.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 941 shares of the transportation company’s stock valued at $49,000 after purchasing an additional 567 shares during the period. Sfam LLC purchased a new stake in Knight-Swift Transportation in the fourth quarter valued at $70,000. Finally, Danske Bank A S acquired a new stake in Knight-Swift Transportation during the 3rd quarter worth about $99,000. 88.77% of the stock is owned by hedge funds and other institutional investors.

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.