TD Cowen analyst Jason Seidl has reiterated their bullish stance on KNX stock, giving a Buy rating today.
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Jason Seidl has given his Buy rating due to a combination of factors tied to Knight Transportation’s improving pricing outlook and margin potential. He highlights that contract bids are now resetting meaningfully higher, reflecting tighter capacity driven by stepped-up regulatory enforcement, which should allow Knight to progress back toward mid‑cycle profitability that is not yet fully reflected in current consensus expectations.
He also points to management’s reaffirmed near‑term earnings guidance and the prospect of stronger pricing flowing through to incremental margins in the second half of 2026, even after accounting for anticipated driver wage pressure. In addition, Seidl views regulatory developments and the opportunity to enhance the U.S. Xpress segment’s performance as catalysts that can boost returns as the truckload cycle turns, supporting a higher price target and his continued Buy recommendation.
According to TipRanks, Seidl is a top 100 analyst with an average return of 25.8% and a 72.05% success rate. Seidl covers the Industrials sector, focusing on stocks such as Knight Transportation, Werner Enterprises, and CH Robinson.
In another report released today, Barclays also maintained a Buy rating on the stock with a $75.00 price target.