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An update from Knight Transportation ( (KNX) ) is now available.
On December 31, 2025, Knight-Swift Transportation Holdings Inc., through its wholly owned subsidiary Swift Receivables Company II, LLC, entered into a new $575 million Receivables Purchase Agreement that replaces its prior receivables financing arrangement, shifting the structure from a receivables-secured financing to a sale of receivables, which is expected to lower the company’s expenses and segregate collections for the benefit of purchasers rather than the company’s general creditors. Using proceeds from this new facility, the company simultaneously repaid all remaining outstanding borrowings and terminated the prior agreement, while also appointing Soumit Roy as executive vice president, General Counsel and Corporate Secretary effective December 31, 2025, following the previously disclosed retirement of Todd Carlson, signaling both a significant refinancing of its receivables program and a key change in its senior leadership team.
The most recent analyst rating on (KNX) stock is a Buy with a $59.00 price target. To see the full list of analyst forecasts on Knight Transportation stock, see the KNX Stock Forecast page.
Spark’s Take on KNX Stock
According to Spark, TipRanks’ AI Analyst, KNX is a Neutral.
Knight Transportation’s overall stock score reflects a stable financial position with strong cash flow performance and manageable leverage. However, high valuation metrics and mixed earnings call sentiment, particularly challenges in the Truckload segment, weigh on the score. Technical indicators suggest a positive short-term trend, but valuation concerns and market uncertainties limit upside potential.
To see Spark’s full report on KNX stock, click here.
More about Knight Transportation
Knight-Swift Transportation Holdings Inc. operates in the trucking and transportation services industry, primarily providing truckload and logistics services across North America through subsidiaries such as Swift Transportation Services and Swift Receivables Company II, LLC, with a focus on managing receivables and financing structures to support its transportation operations.
Average Trading Volume: 3,643,429
Technical Sentiment Signal: Strong Buy
Current Market Cap: $8.49B
See more insights into KNX stock on TipRanks’ Stock Analysis page.