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FWRD Stock Forecast 2026-2027
$13.75
Current Price
$399.11M
Market Cap
Buy 3
Hold 3
Sell 0
Wall St Analyst Ratings
Distance to FWRD Price Targets
+45.5%
To High Target of $20.00
+30.9%
To Median Target of $18.00
+23.6%
To Low Target of $17.00
FWRD Price Momentum
+2.8%
1 Week Change
+1.0%
1 Month Change
-48.7%
1 Year Change
-45.0%
Year-to-Date Change
-57.7%
From 52W High of $32.47
+74.9%
From 52W Low of $7.86
📊 TOP ANALYST CALLS
Did FWRD Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Forward Air is one of their latest high-conviction picks.
Latest FWRD Stock Price Targets & Analyst Predictions
Based on our analysis of 2 Wall Street analysts, FWRD has a neutral consensus with a median price target of $18.00 (ranging from $17.00 to $20.00). The overall analyst rating is Strong Buy (8.0/10). Currently trading at $13.75, the median forecast implies a 30.9% upside. This outlook is supported by 3 Buy, 3 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
FWRD Analyst Ratings
3
Buy
3
Hold
0
Sell
FWRD Price Target Range
Low
$17.00
Average
$18.00
High
$20.00
Current: $13.75
Latest FWRD Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for FWRD.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 8, 2026 | Susquehanna | Bascome Majors | Positive | Maintains | $18.00 |
| Apr 16, 2026 | Stifel | Buy | Maintains | $N/A | |
| Jan 21, 2026 | Stifel | Buy | Maintains | $N/A | |
| Jan 5, 2026 | Susquehanna | Positive | Maintains | $N/A | |
| Oct 17, 2025 | Stifel | Buy | Maintains | $N/A | |
| Aug 12, 2025 | Susquehanna | Positive | Maintains | $N/A | |
| Jul 24, 2025 | Stifel | Buy | Maintains | $N/A | |
| Jun 26, 2025 | Stifel | Buy | Upgrade | $N/A | |
| Apr 10, 2025 | Stifel | Hold | Maintains | $N/A | |
| Mar 31, 2025 | Susquehanna | Positive | Maintains | $N/A | |
| Feb 27, 2025 | Baird | Neutral | Maintains | $N/A | |
| Jan 23, 2025 | Stifel | Hold | Maintains | $N/A | |
| Jan 7, 2025 | Benchmark | Hold | Reiterates | $N/A | |
| Oct 21, 2024 | Stifel | Hold | Maintains | $N/A | |
| Aug 12, 2024 | Benchmark | Hold | Reiterates | $N/A | |
| Aug 8, 2024 | Baird | Neutral | Maintains | $N/A | |
| Jul 3, 2024 | Baird | Neutral | Maintains | $N/A | |
| May 28, 2024 | Wolfe Research | Peer Perform | Upgrade | $N/A | |
| May 10, 2024 | Baird | Neutral | Maintains | $N/A | |
| Apr 24, 2024 | Benchmark | Hold | Reiterates | $N/A |
Forward Air Corporation (FWRD) Competitors
The following stocks are similar to Forward Air based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Forward Air Corporation (FWRD) Financial Data
Forward Air Corporation has a market capitalization of $399.11M with a P/E ratio of 10.2x. The company generates $2.46B in trailing twelve-month revenue with a -3.7% profit margin.
Revenue growth is -5.1% quarter-over-quarter, while maintaining an operating margin of +4.0% and return on equity of -69.1%.
Valuation Metrics
Market Cap
$399.11M
Enterprise Value
$2.45B
P/E Ratio
10.2x
PEG Ratio
-0.3x
Price/Sales
0.2x
Growth & Margins
Revenue Growth (YoY)
-5.1%
Gross Margin
+15.4%
Operating Margin
+4.0%
Net Margin
-3.7%
EPS Growth
-5.1%
Financial Health
Cash/Price Ratio
+32.4%
Current Ratio
1.2x
Debt/Equity
1,758.6x
ROE
-69.1%
ROA
+2.1%
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Forward Air Corporation (FWRD) Business Model
About Forward Air Corporation
What They Do
Provides integrated freight and logistics solutions.
Business Model
The company operates an asset-light model that allows it to offer expedited transportation services across multiple segments, including Expedited Freight, Omni Logistics, and Intermodal. It generates revenue through a diverse range of logistics solutions, including less-than-truckload services, air and ocean freight forwarding, and container drayage, catering to various customers such as freight forwarders and retailers.
Additional Information
Founded in 1981 and headquartered in Greeneville, Tennessee, Forward Air Corporation has established a reputation for reliability and speed in the logistics market. The company serves both domestic and international clients, leveraging its single-source capabilities to provide comprehensive transportation and logistics services.
Company Information
Sector
Industrials
Industry
Integrated Freight & Logistics
Employees
6,000
CEO
Mr. Shawn Stewart
Country
United States
IPO Year
1993
Website
www.forwardair.comForward Air Corporation (FWRD) Latest News & Analysis
Latest News
Forward Air Corporation Announces Timing of Second Quarter 2026 Earnings Release and Conference Call
3 days ago
Quick Summary
Forward Air Corporation (NASDAQ: FWRD) will release Q2 2026 earnings on August 5, 2026, after market close, followed by a conference call at 4:30 p.m. ET. Details available on their website.
Why It Matters
Forward Air's upcoming earnings release and conference call will provide insights into its financial performance and outlook, influencing investor sentiment and stock valuation.
Source: Business Wire
Market Sentiment:
Neutral
Forward Air vs. Old Dominion Freight Line: Which Industrials Stock Is a Better Buy in 2026?
1 month ago
Quick Summary
Forward Air presents a low-valuation opportunity in expedited logistics but has high debt and recent net losses. In contrast, Old Dominion Freight Line is debt-free with strong margins amid economic challenges.
Why It Matters
Forward Air's low valuation may attract risk-tolerant investors, but its debt and losses raise concerns. In contrast, Old Dominion's strong financials suggest stability and resilience in a challenging market.
Source: The Motley Fool
Market Sentiment:
Negative
Quick Summary
Pomerantz LLP is investigating claims for investors of Forward Air Corporation (NASDAQ: FWRD). Interested parties should contact Danielle Peyton for more information.
Why It Matters
Pomerantz LLP's investigation into Forward Air may indicate potential legal issues or financial irregularities, affecting investor confidence and stock performance.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
Kirby McInerney LLP is investigating Forward Air Corporation (NASDAQ:FWRD) for potential violations of federal securities laws by the company or its management.
Why It Matters
The investigation suggests potential legal issues for Forward Air, which could impact its stock price and investor confidence, signaling increased risk for shareholders.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Bragar Eagel & Squire, P.C. invites investors who incurred losses in Forward Air (FWRD) to reach out to litigation partner Brandon Walker for potential legal options.
Why It Matters
The news indicates potential legal actions against Forward Air, which could impact stock performance and investor sentiment, signaling possible financial risks for current shareholders.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Bragar Eagel & Squire's Brandon Walker is advising investors with losses in Forward Air (FWRD) to reach out for potential legal options.
Why It Matters
News of potential litigation suggests investor losses in Forward Air, indicating possible financial instability or legal issues, which can impact stock performance and investor sentiment.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Frequently Asked Questions About FWRD Stock
What is Forward Air Corporation's (FWRD) stock forecast for 2027?
Based on our analysis of 2 Wall Street analysts, Forward Air Corporation (FWRD) has a median price target of $18.00. The highest price target is $20.00 and the lowest is $17.00.
Is FWRD stock a good investment in 2027?
According to current analyst ratings, FWRD has 3 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $13.75. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for FWRD stock?
Wall Street analysts predict FWRD stock could reach $18.00 in the next 12 months. This represents a 30.9% increase from the current price of $13.75. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Forward Air Corporation's business model?
The company operates an asset-light model that allows it to offer expedited transportation services across multiple segments, including Expedited Freight, Omni Logistics, and Intermodal. It generates revenue through a diverse range of logistics solutions, including less-than-truckload services, air and ocean freight forwarding, and container drayage, catering to various customers such as freight forwarders and retailers.
What is the highest forecasted price for FWRD Forward Air Corporation?
The highest price target for FWRD is $20.00 from at , which represents a 45.5% increase from the current price of $13.75.
What is the lowest forecasted price for FWRD Forward Air Corporation?
The lowest price target for FWRD is $17.00 from at , which represents a 23.6% increase from the current price of $13.75.
What is the overall FWRD consensus from analysts for Forward Air Corporation?
The overall analyst consensus for FWRD is neutral. Out of 2 Wall Street analysts, 3 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $18.00.
How accurate are FWRD stock price projections?
Stock price projections, including those for Forward Air Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: July 18, 2026 2:27 AM UTC