Knight-Swift Transportation (NYSE:KNX) Updates Q1 2026 Earnings Guidance

Knight-Swift Transportation (NYSE:KNX) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.280-0.320 for the period, compared to the consensus earnings per share estimate of 0.310. The company issued revenue guidance of -.

Knight-Swift Transportation Trading Up 4.9%

Shares of KNX traded up $2.71 during trading hours on Wednesday, hitting $57.78. 6,616,101 shares of the stock traded hands, compared to its average volume of 2,186,365. The business has a fifty day moving average of $51.19 and a 200-day moving average of $46.24. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.31. Knight-Swift Transportation has a 1-year low of $36.69 and a 1-year high of $61.51. The firm has a market capitalization of $9.38 billion, a PE ratio of 65.66, a price-to-earnings-growth ratio of 0.73 and a beta of 1.16.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings results on Wednesday, January 21st. The transportation company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.07). The company had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.90 billion. Knight-Swift Transportation had a net margin of 1.90% and a return on equity of 2.98%. The business’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.36 EPS. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. Analysts expect that Knight-Swift Transportation will post 2.13 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Zacks Research upgraded shares of Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 3rd. Barclays upped their target price on Knight-Swift Transportation from $50.00 to $65.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Evercore ISI boosted their price objective on Knight-Swift Transportation from $47.00 to $61.00 and gave the company an “in-line” rating in a report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft raised Knight-Swift Transportation from a “hold” rating to a “buy” rating and increased their price target for the company from $43.00 to $53.00 in a research report on Thursday, October 2nd. Finally, Morgan Stanley lifted their target price on Knight-Swift Transportation from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $59.35.

Insider Activity

In related news, Chairman Kevin P. Knight sold 35,000 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $51.01, for a total transaction of $1,785,350.00. Following the completion of the transaction, the chairman directly owned 1,405,347 shares of the company’s stock, valued at approximately $71,686,750.47. This trade represents a 2.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Cary M. Flanagan sold 4,300 shares of the stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $45.04, for a total transaction of $193,672.00. Following the completion of the transaction, the chief accounting officer directly owned 5,644 shares of the company’s stock, valued at approximately $254,205.76. The trade was a 43.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 43,992 shares of company stock worth $2,220,707 over the last 90 days. 3.00% of the stock is currently owned by insiders.

Key Headlines Impacting Knight-Swift Transportation

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

• Neutral Sentiment: Company press release announcing fourth?quarter 2025 results and a same?day conference call; investor materials (8?K, slide deck) were made available for details and Q&A. Knight?Swift Announces Results for Fourth Quarter 2025
• Neutral Sentiment: Company investor release and slide deck summarizing results, margins, and operational highlights (primary source documents for the quarter). KNX Press Release & Slide Deck
• Neutral Sentiment: Previews and analyst expectations ahead of the print — background reading on what metrics and trends investors were watching for Q4. Q4 2025 earnings preview (MSN)
• Neutral Sentiment: Additional earnings preview coverage summarizing expected drivers and risks going into the report. Knight?Swift Earnings Preview (Benzinga)
• Negative Sentiment: Zacks note: KNX reported Q4 EPS of $0.31, missing the Zacks consensus of $0.36 and down from $0.36 a year ago — an earnings shortfall that pressures near?term sentiment. KNX Q4 Earnings and Revenues Lag Estimates (Zacks)
• Negative Sentiment: Zacks follow?up: deeper look at key metrics versus estimates and year?ago levels, highlighting where volume and revenue weakness weighed on results. KNX Q4 Key Metrics vs Estimates (Zacks)
• Negative Sentiment: Wall Street Journal: Q4 saw softer revenue driven by lower truckload volumes; Knight?Swift reported a $6.8M loss vs. a $69.5M profit a year earlier — a clear sign of demand softness and margin pressure. Knight?Swift Posts Softer Revenue (WSJ)

Hedge Funds Weigh In On Knight-Swift Transportation

Hedge funds and other institutional investors have recently made changes to their positions in the company. CIBC Private Wealth Group LLC raised its holdings in Knight-Swift Transportation by 295.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,839 shares of the transportation company’s stock valued at $112,000 after buying an additional 2,121 shares during the period. Danske Bank A S purchased a new position in shares of Knight-Swift Transportation during the third quarter worth about $99,000. Caitong International Asset Management Co. Ltd lifted its position in Knight-Swift Transportation by 1,478.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 828 shares during the period. XTX Topco Ltd acquired a new stake in shares of Knight-Swift Transportation in the third quarter valued at about $836,000. Finally, Turtle Creek Asset Management Inc. grew its holdings in Knight-Swift Transportation by 5.9% in the third quarter. Turtle Creek Asset Management Inc. now owns 173,213 shares of the transportation company’s stock valued at $6,844,000 after purchasing an additional 9,700 shares during the last quarter. Hedge funds and other institutional investors own 88.77% of the company’s stock.

About Knight-Swift Transportation

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.