KNX Stock Price Prediction
Knight Transportation Inc
Based on 24/7 Wall St.'s proprietary analysis, we are setting a target price of $66.16 for Knight Transportation Inc (KNX) over the next 12 months. This target price suggests a 3.37% upside from the current price of $64.00. In an optimistic scenario, KNX could reach as high as $72.85, while our conservative scenario places the floor at $56.67. Wall Street analyst sentiment shows 16 Buy, 3 Hold, and 1 Sell ratings from 20 analysts covering the stock.
Current Price
$64.00
Target Price
$66.16
Optimistic Scenario
$72.85
Conservative Scenario
$56.67
The Bottom Line
Knight Transportation Inc is fairly valued at current levels. With our price target of $66.16 suggesting modest upside, the stock appears to be trading near fair value. Consider your portfolio allocation and investment timeline before making a decision.
12-Month Price Scenarios
Where KNX could be in one year
This chart shows three potential price paths for KNX over the next 12 months: our Target Price, an Optimistic Scenario, and a Conservative Scenario. Learn how we calculate our price targets →
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Catalysts
Factors that could drive upside
In our optimistic scenario, KNX could reach $72.85 (+13.8% from current price). Key catalysts include:
- Better-than-expected earnings results
- Favorable sector and market conditions
- Positive analyst revisions or upgrades
Risks
Factors that could limit upside
In our conservative scenario, KNX could fall to $56.67 (-11.5% from current price). Key risks include:
- Earnings misses or guidance cuts
- Broader market or economic headwinds
- Increased competition or margin pressure
Analyst Sentiment
20 analysts covering KNX
The 24/7 Factor
Our proprietary price adjustment model
24/7 Wall St.'s stock forecasts utilize a number of factor adjustments that either increase or decrease a stock's 12-month price target. Toggle the factors our model uses on or off below to see how each impacts KNX's share price.
Our Adjustment
1.089×
Adjusted Target
$66.16
Factor Components Toggle to simulate
5-Year Price Projection
Long-term quarterly forecast through 2031
Optimistic Scenario
$93.08
+45.4%
Target Price
$78.80
+23.1%
Conservative Scenario
$58.95
-7.9%
Long-term projections factor in increased uncertainty over time.
Frequently Asked Questions
KNX stock price predictions and forecasts
What is the KNX stock price prediction for 2030?
Looking ahead to 2030, our model projects KNX could trade at an average price of $75.59, with a potential range between $56.69 and $94.49. This represents a potential 18.1% return from today's price. Long-term forecasts depend heavily on company execution, competitive dynamics, and broader market conditions.
Is KNX a buy, sell, or hold right now?
24/7 Wall St. currently rates KNX as a HOLD. Near fair value (3.4%) Among Wall Street analysts, 16 rate it Buy, 3 rate it Hold, and 1 rate it Sell.
What is the KNX stock price target in an optimistic scenario?
In our optimistic scenario for KNX, the stock could reach $72.85 over the next 12 months, representing a 13.8% gain from today's price. This scenario assumes favorable conditions materialize, including strong earnings growth, positive market sentiment, and successful execution of company initiatives.
What is the downside risk for KNX stock?
In our conservative scenario, KNX could trade as low as $56.67 over the next 12 months, representing a 11.5% decline from current levels. This scenario accounts for potential headwinds including earnings misses, competitive pressures, or broader market weakness.
How accurate are KNX stock price predictions?
Stock price predictions are forward-looking estimates, not guarantees. Our model for KNX incorporates analyst consensus, valuation metrics, technical indicators, and market sentiment. However, actual stock performance depends on many unpredictable factors including earnings surprises, macroeconomic changes, and market psychology. We provide optimistic and conservative scenarios alongside our target price to illustrate the range of potential outcomes. Always conduct your own research before investing.