Explore the Details: SPMD Shows Potential for 14% Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 18 2025
0mins
Should l Buy KNX?
Source: NASDAQ.COM
ETF Analysis: The SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) has an implied analyst target price of $63.49, indicating a potential upside of 14.03% from its current trading price of $55.68.
Notable Holdings: Key underlying holdings with significant upside include Knight-Swift Transportation (26.01% upside), Vail Resorts (17.27% upside), and Blackbaud, Inc. (16.31% upside).
Analyst Target Justification: There are questions regarding whether analysts' target prices are justified or overly optimistic, considering recent company and industry developments.
Investor Research Needed: Investors are encouraged to conduct further research to assess the validity of these targets and the potential for future price adjustments.
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Analyst Views on KNX
Wall Street analysts forecast KNX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for KNX is 58.23 USD with a low forecast of 47.00 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
10 Buy
3 Hold
0 Sell
Strong Buy
Current: 59.160
Low
47.00
Averages
58.23
High
70.00
Current: 59.160
Low
47.00
Averages
58.23
High
70.00
About KNX
Knight-Swift Transportation Holdings Inc. is a diversified freight transportation company. The Company is engaged in providing multiple truckload transportation and logistics services as well as less-than-truckload (LTL) services. It uses a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. The Truckload segment consists of an irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations. The LTL segment operates approximately 3,569 tractors and 9,564 trailers and includes national coverage to customers by utilizing partner carriers for areas outside of its direct network. Logistics and Intermodal segments provide a multitude of shipping solutions, including additional sources of truckload capacity and alternative transportation modes, by utilizing its network of third-party capacity providers and rail providers, as well as certain logistics and freight management services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Transport Stock Plummets 25% Due to Accounting Mistake.
Investor Confidence: A decline in investor confidence can lead to significant repercussions in financial markets, affecting stock prices and overall market stability.
Impact of Financial Reporting: Inaccurate or misleading financial reporting can erode trust among investors, prompting them to withdraw their investments and seek safer alternatives.
See More
Triton Wealth Management Sells Shares of Knight-Swift Transportation Holdings
- Share Reduction Details: On February 4, Triton Wealth Management reported a sale of 481,779 shares of Knight-Swift Transportation Holdings, with an estimated transaction value of $22.58 million, indicating a cautious outlook on the company's future performance.
- Position Change Analysis: This sale resulted in a $20.88 million decrease in Triton's holdings in Knight-Swift, reflecting uncertainty in the transportation sector's recovery, although the fund still retains approximately $3 million in shares, suggesting ongoing belief in the market cycle.
- Financial Performance Overview: Knight-Swift's latest quarter saw a 0.4% year-over-year revenue decline to about $1.86 billion, and a small net loss due to $52.9 million in impairment charges related to brand consolidation, highlighting the volatility in the industry's recovery.
- Cash Flow and Financial Health: Despite challenges, Knight-Swift achieved free cash flow of $763 million in 2025, with strong operating cash generation and a solid balance sheet providing management with flexibility to navigate market fluctuations and gradually returning pricing power.
See More
Knight-Swift Reports Q4 Earnings Miss with 31 Cents per Share
- Disappointing Earnings: Knight-Swift's Q4 earnings of 31 cents per share fell short of the analyst consensus estimate of 36 cents, indicating challenges in profitability that may affect investor confidence.
- Sales Miss: The company reported quarterly sales of $1.856 billion, missing the analyst consensus estimate of $1.900 billion, reflecting weak market demand that could lead to future performance declines.
- Cautious Guidance: Knight-Swift projects first-quarter adjusted earnings between 28 to 32 cents per share, below the market estimate of 32 cents, indicating a cautious outlook on future market conditions.
- Analyst Target Adjustments: Following the earnings announcement, several analysts adjusted their price targets for Knight-Swift, with Stifel lowering its target from $63 to $61, reflecting concerns about the company's future performance.
See More
Knight-Swift Reports Q4 Net Loss of $6.8M, Adjusted EPS at $0.31
- Financial Decline: Knight-Swift reported a net loss of $6.8 million for Q4, translating to a loss of $0.04 per share, a stark contrast to last year's net income of $69.5 million and earnings of $0.43 per share, indicating challenges faced during brand integration.
- Impairment Charges Impact: The latest results included $52.9 million in non-cash impairment charges primarily related to goodwill and intangible assets, reflecting financial pressures stemming from the company's brand consolidation decision.
- Slight Revenue Decrease: Total quarterly revenue was $1.856 billion, down from $1.864 billion in the prior year, suggesting that soft market demand may have impacted the company's revenue growth.
- Cautious Future Outlook: The company expects adjusted earnings per share to range from $0.28 to $0.32 for Q1 2026, below analysts' expectations of $0.31, indicating uncertainty regarding future performance.
See More
Knight-Swift (KNX) Q4 2025 Revenue Decline of $125 Million Amid Cost Cuts
- Stable Market Demand: Although truckload market demand remained generally stable in Q4, the typical seasonal lift did not occur until late in the quarter, resulting in a rapid decline in project activity and lower truckload volumes than expected, which negatively impacted overall performance.
- Effective Cost Control: Despite a $125 million decline in truckload revenue, the company managed to grow adjusted operating income by $28 million through structural cost reductions, demonstrating its effectiveness in cost management and ability to navigate market challenges.
- Technology Investment Outlook: The company is investing in technologies such as AI to enhance efficiency, with expected benefits to be realized in 2026, which will strengthen its long-term competitiveness in a challenging market.
- LTL Network Expansion Strategy: Management plans a more deliberate pace of LTL network expansion to restore margins, believing that existing infrastructure can support annualized revenue of $2 billion, reflecting confidence in future growth.
See More
Knight-Swift (KNX) Q4 Results Show Revenue Decline and $0.04 Loss
- Seasonal Demand Shortfall: Knight-Swift's Q4 results reflected a lack of typical seasonal demand lift, resulting in a 0.4% decline in total revenue to $1.86 billion, missing expectations by $40 million and indicating market weakness.
- Loss Situation: The company swung to a loss of $0.04 per share due to a $52.9 million impairment charge, a significant drop from a profit of $0.43 a year ago, and failing to meet market expectations of $0.30 profit.
- Segment Performance: While LTL and other segments saw sales increases of 7% and 17.6%, respectively, declines in truckload, logistics, and intermodal revenues of 2.4%, 4.8%, and 3.4% offset these gains, dragging overall performance down.
- Future Outlook: The company expects Q1 earnings between $0.28 and $0.32 per share, with LTL revenue projected to grow 5% to 10%, but truckload and logistics revenues are expected to decline slightly, reflecting uncertainty in market recovery.
See More
Transport Stock Plummets 25% Due to Accounting Mistake.
Investor Confidence: A decline in investor confidence can lead to significant repercussions in financial markets, affecting stock prices and overall market stability.
Impact of Financial Reporting: Inaccurate or misleading financial reporting can erode trust among investors, prompting them to withdraw their investments and seek safer alternatives.
See More
Triton Wealth Management Sells Shares of Knight-Swift Transportation Holdings
- Share Reduction Details: On February 4, Triton Wealth Management reported a sale of 481,779 shares of Knight-Swift Transportation Holdings, with an estimated transaction value of $22.58 million, indicating a cautious outlook on the company's future performance.
- Position Change Analysis: This sale resulted in a $20.88 million decrease in Triton's holdings in Knight-Swift, reflecting uncertainty in the transportation sector's recovery, although the fund still retains approximately $3 million in shares, suggesting ongoing belief in the market cycle.
- Financial Performance Overview: Knight-Swift's latest quarter saw a 0.4% year-over-year revenue decline to about $1.86 billion, and a small net loss due to $52.9 million in impairment charges related to brand consolidation, highlighting the volatility in the industry's recovery.
- Cash Flow and Financial Health: Despite challenges, Knight-Swift achieved free cash flow of $763 million in 2025, with strong operating cash generation and a solid balance sheet providing management with flexibility to navigate market fluctuations and gradually returning pricing power.
See More
Knight-Swift Reports Q4 Earnings Miss with 31 Cents per Share
- Disappointing Earnings: Knight-Swift's Q4 earnings of 31 cents per share fell short of the analyst consensus estimate of 36 cents, indicating challenges in profitability that may affect investor confidence.
- Sales Miss: The company reported quarterly sales of $1.856 billion, missing the analyst consensus estimate of $1.900 billion, reflecting weak market demand that could lead to future performance declines.
- Cautious Guidance: Knight-Swift projects first-quarter adjusted earnings between 28 to 32 cents per share, below the market estimate of 32 cents, indicating a cautious outlook on future market conditions.
- Analyst Target Adjustments: Following the earnings announcement, several analysts adjusted their price targets for Knight-Swift, with Stifel lowering its target from $63 to $61, reflecting concerns about the company's future performance.
See More
Knight-Swift Reports Q4 Net Loss of $6.8M, Adjusted EPS at $0.31
- Financial Decline: Knight-Swift reported a net loss of $6.8 million for Q4, translating to a loss of $0.04 per share, a stark contrast to last year's net income of $69.5 million and earnings of $0.43 per share, indicating challenges faced during brand integration.
- Impairment Charges Impact: The latest results included $52.9 million in non-cash impairment charges primarily related to goodwill and intangible assets, reflecting financial pressures stemming from the company's brand consolidation decision.
- Slight Revenue Decrease: Total quarterly revenue was $1.856 billion, down from $1.864 billion in the prior year, suggesting that soft market demand may have impacted the company's revenue growth.
- Cautious Future Outlook: The company expects adjusted earnings per share to range from $0.28 to $0.32 for Q1 2026, below analysts' expectations of $0.31, indicating uncertainty regarding future performance.
See More
Knight-Swift (KNX) Q4 2025 Revenue Decline of $125 Million Amid Cost Cuts
- Stable Market Demand: Although truckload market demand remained generally stable in Q4, the typical seasonal lift did not occur until late in the quarter, resulting in a rapid decline in project activity and lower truckload volumes than expected, which negatively impacted overall performance.
- Effective Cost Control: Despite a $125 million decline in truckload revenue, the company managed to grow adjusted operating income by $28 million through structural cost reductions, demonstrating its effectiveness in cost management and ability to navigate market challenges.
- Technology Investment Outlook: The company is investing in technologies such as AI to enhance efficiency, with expected benefits to be realized in 2026, which will strengthen its long-term competitiveness in a challenging market.
- LTL Network Expansion Strategy: Management plans a more deliberate pace of LTL network expansion to restore margins, believing that existing infrastructure can support annualized revenue of $2 billion, reflecting confidence in future growth.
See More
Knight-Swift (KNX) Q4 Results Show Revenue Decline and $0.04 Loss
- Seasonal Demand Shortfall: Knight-Swift's Q4 results reflected a lack of typical seasonal demand lift, resulting in a 0.4% decline in total revenue to $1.86 billion, missing expectations by $40 million and indicating market weakness.
- Loss Situation: The company swung to a loss of $0.04 per share due to a $52.9 million impairment charge, a significant drop from a profit of $0.43 a year ago, and failing to meet market expectations of $0.30 profit.
- Segment Performance: While LTL and other segments saw sales increases of 7% and 17.6%, respectively, declines in truckload, logistics, and intermodal revenues of 2.4%, 4.8%, and 3.4% offset these gains, dragging overall performance down.
- Future Outlook: The company expects Q1 earnings between $0.28 and $0.32 per share, with LTL revenue projected to grow 5% to 10%, but truckload and logistics revenues are expected to decline slightly, reflecting uncertainty in market recovery.
See More
