Explore the Details: SPMD Shows Potential for 14% Growth

Written by Emily J. Thompson, Senior Investment Analyst

KNX+2.61%

MTN+1.3%

SPMD+0.03%

Source: NASDAQ.COM

Updated: Aug 18 2025

0mins

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.

KNX

$59.44+Infinity%1D

Analyst Views on KNX

Wall Street analysts forecast KNX stock price to rise 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: 57.930

Low

47.00

Averages

58.23

High

70.00

Current: 57.930

Low

47.00

Averages

58.23

High

70.00

UBS

Neutral

maintain

$51 -> $54

2026-01-22

New

Reason

UBS

Price Target

$51 -> $54

AI Analysis

2026-01-22

New

maintain

Neutral

Reason

UBS raised the firm's price target on Knight-Swift to $54 from $51 and keeps a Neutral rating on the shares. Knight-Swift reported Q4 EPS below consensus and expectations, driven by weaker-than-expected Truckload and Logistics operating income, and guided to a muted Q1 EPS range, the analyst tells investors in a research note. While management noted modest improvement in Truckload balance and LTL demand from year-end lows, visibility into a broader cycle recovery remains limited for Q1, UBS argues.

BofA

Ken Hoexter

Buy

maintain

$60 -> $64

2026-01-09

Reason

BofA

Ken Hoexter

Price Target

$60 -> $64

2026-01-09

maintain

Buy

Reason

BofA analyst Ken Hoexter raised the firm's price target on Knight-Swift to $64 from $60 and keeps a Buy rating on the shares. The firm looks to expand its exposure to cyclical Transport stocks into 2026, with a focus on cost conscious AI-enabled share gainers, the analyst tells investors in a year-ahead note on the sector. Demand should be aided by the Big Beautiful Bill's benefits of bonus depreciation, leading to infrastructure investments, $1.4 trillion in expected expenditures over the next three years on data centers and power supply, lower interest rates and potential flow through to the housing and forest product segments, the analyst says.

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Susquehanna

Bascome Majors

Neutral

maintain

$42 -> $58

2026-01-08

Reason

Susquehanna

Bascome Majors

Price Target

$42 -> $58

2026-01-08

maintain

Neutral

Reason

Susquehanna analyst Bascome Majors raised the firm's price target on Knight-Swift to $58 from $42 and keeps a Neutral rating on the shares. The firm adjusted ratings and price targets in the logistics and trucking group as part of its 2026 outlook. The truckload recovery is taking place on the supply side, and Susquehanna is "shifting to a bullish valuation framework with some nearer-term caution toward chasing shares into softer seasonality," the analyst tells investors in a research note.

Citi

NULL -> Buy

maintain

$59 -> $64

2026-01-07

Reason

Citi

Price Target

$59 -> $64

2026-01-07

maintain

NULL -> Buy

Reason

Citi raised the firm's price target on Knight-Swift to $64 from $59 and keeps a Buy rating on the shares. The firm adjusted ratings and targets in the transports group as part of its 2026 outlook. Citi sees a better setup in 2026 for the sector due to tighter capacity, which it believes should support higher rates.

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.