Knight-Swift Transportation (NYSE:KNX) Releases Q2 2026 Earnings Guidance

Knight-Swift Transportation (NYSE:KNX) updated its second quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.450-0.490 for the period, compared to the consensus EPS estimate of 0.480. The company issued revenue guidance of -. Knight-Swift Transportation also updated its Q1 2026 guidance to 0.080-0.100 EPS.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Stephens lowered their price objective on Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating on the stock in a research note on Thursday, January 22nd. UBS Group raised Knight-Swift Transportation from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $54.00 to $66.00 in a research note on Wednesday, March 18th. Susquehanna boosted their price objective on Knight-Swift Transportation from $58.00 to $60.00 and gave the stock a “neutral” rating in a research note on Thursday, January 22nd. Wells Fargo & Company boosted their price objective on Knight-Swift Transportation from $60.00 to $65.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 7th. Finally, Evercore raised Knight-Swift Transportation from an “in-line” rating to an “outperform” rating and set a $65.00 price objective on the stock in a research note on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $62.11.

Knight-Swift Transportation Trading Up 4.4%

KNX traded up $2.70 during mid-day trading on Thursday, hitting $64.26. 4,239,774 shares of the stock were exchanged, compared to its average volume of 3,248,515. The firm’s fifty day moving average is $58.41 and its two-hundred day moving average is $52.52. Knight-Swift Transportation has a 1-year low of $37.76 and a 1-year high of $65.71. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.30. The company has a market cap of $10.44 billion, a PE ratio of 156.74, a PEG ratio of 0.93 and a beta of 1.11.

Knight-Swift Transportation (NYSE:KNX) last posted its earnings results on Wednesday, January 21st. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.05). Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The firm had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.90 billion. During the same period in the previous year, the company posted $0.36 EPS. Knight-Swift Transportation’s revenue was down .4% on a year-over-year basis. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. Equities analysts forecast that Knight-Swift Transportation will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Friday, March 6th were issued a dividend of $0.20 per share. This is a positive change from Knight-Swift Transportation’s previous quarterly dividend of $0.18. The ex-dividend date was Friday, March 6th. This represents a $0.80 annualized dividend and a yield of 1.2%. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 195.12%.

Insiders Place Their Bets

In other news, Chairman Kevin P. Knight sold 30,000 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $61.00, for a total value of $1,830,000.00. Following the transaction, the chairman owned 1,305,347 shares in the company, valued at approximately $79,626,167. This represents a 2.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Michael K. Liu sold 1,243 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $60.87, for a total value of $75,661.41. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 42,930 shares of company stock worth $2,581,186. Insiders own 2.90% of the company’s stock.

Key Headlines Impacting Knight-Swift Transportation

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

• Positive Sentiment: Benchmark raised its price target to $70 and kept a “buy” rating, signaling continued analyst confidence and providing near‑term upside support for the stock. Benchmark Raises Price Target
• Neutral Sentiment: Knight‑Swift introduced Q2 2026 adjusted EPS guidance of $0.45–$0.49, which is roughly in line with the $0.48 consensus — this reduces uncertainty for Q2 but does not materially change expectations. Company Q2 Guidance Release
• Neutral Sentiment: Pre‑earnings coverage (Zacks) flagged that KNX may not have the setup for an earnings beat, reinforcing that expectations heading into the report were modest. Zacks Earnings Preview
• Neutral Sentiment: A recent market commentary listed KNX among stocks worth watching, which may have contributed to trading interest but did not add new company‑specific catalysts. Yahoo Market Note
• Negative Sentiment: Most consequential: Knight‑Swift cut its Q1 2026 adjusted EPS guidance to $0.08–$0.10 from a prior $0.28–$0.32 range, well below the ~ $0.25 consensus — management cited higher fuel costs and winter weather as drivers of the shortfall, which is the primary negative catalyst for the stock today. WSJ: Cuts First‑Quarter Guidance

Institutional Trading of Knight-Swift Transportation

A number of hedge funds have recently added to or reduced their stakes in KNX. Wellington Management Group LLP lifted its position in Knight-Swift Transportation by 23.6% during the 4th quarter. Wellington Management Group LLP now owns 12,918,523 shares of the transportation company’s stock worth $675,380,000 after acquiring an additional 2,468,293 shares during the period. Invesco Ltd. lifted its position in Knight-Swift Transportation by 513.6% during the 4th quarter. Invesco Ltd. now owns 2,416,865 shares of the transportation company’s stock worth $126,354,000 after acquiring an additional 2,022,996 shares during the period. Balyasny Asset Management L.P. lifted its position in Knight-Swift Transportation by 269.7% during the 3rd quarter. Balyasny Asset Management L.P. now owns 2,231,439 shares of the transportation company’s stock worth $88,164,000 after acquiring an additional 1,627,791 shares during the period. Ensign Peak Advisors Inc lifted its position in Knight-Swift Transportation by 50.4% during the 4th quarter. Ensign Peak Advisors Inc now owns 2,939,212 shares of the transportation company’s stock worth $153,662,000 after acquiring an additional 984,422 shares during the period. Finally, Freestone Grove Partners LP lifted its position in Knight-Swift Transportation by 100.3% during the 3rd quarter. Freestone Grove Partners LP now owns 1,586,753 shares of the transportation company’s stock worth $62,693,000 after acquiring an additional 794,505 shares during the period. 88.77% of the stock is owned by institutional investors and hedge funds.

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.