Citigroup Downgrades Knight-Swift to Hold, Sets $90 Target
Citigroup lowered its rating on Knight-Swift to hold with a $90 price target.
Key Points
- On June 15, 2026, Citigroup downgraded Knight-Swift Transportation Holdings Inc. to a hold rating with a $90 price target.
- Knight-Swift shares are trading around $81.54, with a market cap of about $13.25 billion and a forward P/E ratio of 23.8.
- Insider transactions include sales by CFO Andrew Hess and Exec VP Cary Flanagan, while analysts from Wells Fargo and UBS maintain buy ratings.
On June 15, 2026, Citigroup analyst Ariel Rosa downgraded Knight-Swift Transportation Holdings Inc. (NYSE: KNX) to a hold rating. The firm set a price target of $90 for the trucking giant. This move comes as the stock trades near $81.54.
Knight-Swift Stock Snapshot
Shares of NYSE:KNX are trading around $81.54. Knight-Swift boasts a market cap of approximately $13.25 billion. The company has a P/E ratio of 388.3, but its forward P/E is a more moderate 23.8. The stock's beta is 1.196, indicating slightly higher volatility compared to the market. Over the past 52 weeks, the stock has ranged from a low of $38.63 to a high of $82.86. Its 50-day moving average is $68.03, and its 200-day moving average is $54.79.
Recent Earnings
Knight-Swift reported revenue of $7.50 billion with a modest growth rate of 1.4%. The company's net margin stands at 0.45%, while return on equity is 0.48%. Earnings per share (EPS) is reported at $0.21. Investors can look forward to the next earnings report on July 22, 2026.
Dividend
Knight-Swift offers an annual dividend rate of $0.80, resulting in a yield of 0.98%. The dividend payout ratio is a low 3.52%, suggesting the company retains most of its earnings for growth or other uses.
Insider Buying and Selling at Knight-Swift Transportation Holdings Inc.
On May 31, 2026, CFO Andrew Hess sold 321 shares at an average price of $75.63. On the same day, Exec VP and CAO Cary Flanagan sold 1,214 shares at the same price. Interestingly, Hess also bought 1,209 shares, and COO James Fitzsimmons made several transactions, including buying and selling shares on May 31.
Analysts Set New Price Targets
On June 15, 2026, Citigroup downgraded Knight-Swift to a hold rating with a $90 price target. Previously, on June 5, Wells Fargo maintained a buy rating with an $86 target. UBS, on June 1, also maintained a buy rating, setting a target of $94. Across 17 analyst opinions, the consensus recommendation is a buy, with a mean target price of $76.47.
About Knight-Swift
Knight-Swift Transportation Holdings Inc. is a major player in the freight transportation industry, operating across the United States and Mexico. Headquartered in Phoenix, Arizona, the company is led by CEO Adam W. Miller and employs around 37,100 people. It operates through segments including Truckload, LTL, Logistics, and Intermodal, serving a diverse range of industries such as retail, automotive, and manufacturing.
Bottom Line
Citigroup's downgrade of Knight-Swift to a hold rating reflects a more cautious outlook on the stock, despite the $90 price target suggesting some upside. With a market cap of over $13 billion, Knight-Swift remains a significant player in the trucking industry. Investors should note that these analyst ratings are based on past performance and do not necessarily indicate future results.
See Also
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