Knight-Swift (KNX, Financial) continues to garner attention as leading financial services firm Wells Fargo has reiterated its "Overweight" rating on the stock. The reaffirmation of this rating aligns with a favorable outlook on the company's future performance.
In a new development, analyst Christian Wetherbee from Wells Fargo has revised the price target for Knight-Swift (KNX, Financial), raising it from $46.00 to $50.00. This adjustment reflects an 8.70% increase in the target price, indicating a positive sentiment towards the company's potential to achieve growth and deliver value to shareholders.
The adjustments made by Wells Fargo and the continued "Overweight" rating highlight the analyst's confidence in Knight-Swift's (KNX, Financial) strategic positioning and operational efficiencies. Investors tracking Knight-Swift should note these updates, which come into effect as of May 28, 2025.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Knight-Swift Transportation Holdings Inc (KNX, Financial) is $50.46 with a high estimate of $68.00 and a low estimate of $42.00. The average target implies an upside of 15.09% from the current price of $43.84. More detailed estimate data can be found on the Knight-Swift Transportation Holdings Inc (KNX) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Knight-Swift Transportation Holdings Inc's (KNX, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Knight-Swift Transportation Holdings Inc (KNX, Financial) in one year is $57.42, suggesting a upside of 30.98% from the current price of $43.84. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Knight-Swift Transportation Holdings Inc (KNX) Summary page.
