In a recent development, Citigroup has updated its stance on Knight-Swift Transportation Holdings Inc. (KNX, Financial). The firm has maintained its "Buy" rating for the company while simultaneously increasing the price target from $53.00 to $54.00 USD. This adjustment reflects a 1.89% increase in the price target for KNX shares.
The analyst responsible for this update, Ariel Rosa, continues to see positive potential in Knight-Swift (KNX, Financial), emphasizing the company's ongoing prospects. The new price target of $54.00 USD signals a continued endorsement from Citigroup as they sustain their optimistic outlook.
This latest update from Citigroup was announced on July 9, 2025, demonstrating a responsive adjustment to unforeseen market conditions or company developments affecting Knight-Swift (KNX, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Knight-Swift Transportation Holdings Inc (KNX, Financial) is $51.94 with a high estimate of $68.00 and a low estimate of $42.00. The average target implies an upside of 9.16% from the current price of $47.58. More detailed estimate data can be found on the Knight-Swift Transportation Holdings Inc (KNX) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, Knight-Swift Transportation Holdings Inc's (KNX, Financial) average brokerage recommendation is currently 2.3, 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 $58.18, suggesting a upside of 22.28% from the current price of $47.5798. 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.
