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An announcement from Knight Transportation ( (KNX) ) is now available.
On July 8, 2025, Knight-Swift Transportation Holdings Inc. entered into a new $2.5 billion unsecured credit facility, replacing its previous $2.3 billion credit facility and $250 million term loan. This new agreement includes a $1.5 billion revolving line of credit and two term loans, with varying maturity dates extending to 2030. The new credit facility is expected to streamline the company’s financial structure by consolidating its debt under more favorable terms, potentially enhancing its operational flexibility and financial stability.
The most recent analyst rating on (KNX) stock is a Buy with a $62.00 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 score is primarily driven by stable financial performance and mixed technical indicators. The high P/E ratio indicates overvaluation, and cautious earnings guidance adds risk. While there are areas of strong operational performance, market uncertainties and valuation concerns weigh on the overall score.
To see Spark’s full report on KNX stock, click here.
More about Knight Transportation
Average Trading Volume: 2,725,220
Technical Sentiment Signal: Hold
Current Market Cap: $7.66B
Learn more about KNX stock on TipRanks’ Stock Analysis page.