Forward Air Corporation (FWRD)

Currency in USD
23.97
-0.65(-2.62%)
Real-time Data·
FWRD is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
23.8024.50
52 wk Range
9.7932.47
Key Statistics
Prev. Close
24.61
Open
24.2
Day's Range
23.8-24.5
52 wk Range
9.79-32.47
Volume
179.13K
Average Volume (3m)
543K
1-Year Change
13.066%
Book Value / Share
4.54
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
FWRD Scorecardpro icon
Company’s Health
Unlock
Fair Value
Unlock Price
Fair Price
Upside
Price Target
35.33
Upside
+47.41%
Members' Sentiments
Bearish
Bullish
ProTips
4 analysts have revised their earnings downwards for the upcoming period

Forward Air Corporation News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Forward Air Corporation Company Profile

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. It operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. Its Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, time-definite transportation services, and other supply chain solutions. The Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

Forward Air Corporation Earnings Call Summary for Q4/2025

  • Adjusted EBITDA rose 15.8% YoY to $293M in 2025; consolidated EBITDA reached $77M in Q4, up 6.9% YoY despite freight market headwinds
  • Operating cash flow improved significantly to $44M generated vs. $69M consumed in 2024; liquidity fell $120M due to debt reduction priorities
  • One Ground Network integration progressing successfully; company expanding Latin America operations to enhance efficiency amid market challenges
  • Intermodal segment struggled with 30% Q4 EBITDA decline due to weak port activity and trade softness; volume declines expected to moderate in 2026
  • Management cautiously optimistic despite freight recession; focusing on One ERP and HRIS consolidation to improve operational decision-making capabilities
Last Updated: 2026-02-23, 05:28 p/m
Read Full Transcript

Compare FWRD to Peers and Sector

Metrics to compare
FWRD
Peers
Sector
Relationship
P/E Ratio
−7.1x31.4x12.5x
PEG Ratio
−0.09−1.250.03
Price/Book
5.9x3.3x1.4x
Price / LTM Sales
0.3x0.9x1.3x
Upside (Analyst Target)
24.9%6.2%19.6%
Fair Value Upside
Unlock1.7%8.1%Unlock

Analyst Ratings

3 Buy
3 Hold
0 Sell
Ratings:
6 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 35.33
(+47.41% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Susquehanna
Buy42.00+75.22%45.00MaintainFeb 24, 2026
Stifel
Buy32.00+33.50%30.00MaintainJan 21, 2026
Susquehanna
Buy45.00+87.73%42.00MaintainJan 05, 2026
Stifel
Buy30.00+25.16%-MaintainDec 16, 2025
Jefferies
Buy30.00+25.16%35.00MaintainNov 06, 2025

Earnings

Latest Release
Feb 23, 2026
EPS / Forecast
-0.91 / -0.0552
Revenue / Forecast
631.23M / 670.78M
EPS Revisions
Last 90 days

FWRD Income Statement

People Also Watch

13.43
ORIC
-0.59%
10.08
MATV
+0.50%
17.50
MTUS
-1.74%
72.04
TPC
-2.27%
62.87
FUL
-2.33%

FAQ

What Is the Forward Air (FWRD) Stock Price Today?

The Forward Air stock price today is 23.97 USD.

What Stock Exchange Does Forward Air Trade On?

Forward Air is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Forward Air?

The stock symbol for Forward Air is "FWRD."

What Is the Forward Air Market Cap?

As of today, Forward Air market cap is 749.33M USD.

What Is Forward Air's Earnings Per Share (TTM)?

The Forward Air EPS (TTM) is -3.51.

From a Technical Analysis Perspective, Is FWRD a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Forward Air Stock Split?

Forward Air has split 3 times.

How Many Employees Does Forward Air Have?

Forward Air has 6000 employees.

What is the current trading status of Forward Air (FWRD)?

As of Mar 05, 2026, Forward Air (FWRD) is trading at a price of 23.97 USD, with a previous close of 24.61 USD. The stock has fluctuated within a day range of 23.80 USD to 24.50 USD, while its 52-week range spans from 9.79 USD to 32.47 USD.

What Is Forward Air (FWRD) Price Target According to Analysts?

The average 12-month price target for Forward Air is 35.33 USD, with a high estimate of 42 USD and a low estimate of 31 USD. 3 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +47.41% Upside potential.

What Is the FWRD Premarket Price?

FWRD's last pre-market stock price is 24.45 USD. The pre-market share volume is 13,350.00, and the stock has decreased by -0.16, or -0.65%.

What Is the FWRD After Hours Price?

FWRD's last after hours stock price is 24.38 USD, the stock has decreased by -0.23, or -0.93%.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2026 - Fusion Media Limited. All Rights Reserved.