Forward Air Corporation (FWRD)

Currency in USD
14.52
+0.23(+1.61%)
Real-time Data·
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Fair Value
Day's Range
14.1314.64
52 wk Range
7.8632.47
Key Statistics
Prev. Close
14.29
Open
14.34
Day's Range
14.13-14.64
52 wk Range
7.86-32.47
Volume
226.46K
Average Volume (3m)
1.3M
1-Year Change
-40.1484%
Book Value / Share
2.57
Fair Value
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Fair Value Upside
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FWRD Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
18.33
Upside
+26.26%
Members' Sentiments
Bearish
Bullish
ProTips
Stock generally trades with high price volatility

Forward Air Corporation News & Analysis

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Technical Analysis

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

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 18.33
(+26.26% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Benchmark
Hold---MaintainMay 13, 2026
Stifel
Buy17.00+16.84%30.00MaintainMay 08, 2026
Susquehanna
Buy18.00+23.71%42.00MaintainMay 08, 2026
Stifel
Buy30.00+106.19%31.00MaintainApr 15, 2026
Stifel
Buy31.00+113.06%-MaintainMar 11, 2026

Forward Air Corporation Earnings Call Summary for Q1/2026

  • Q1 operating income surged 300% to $20M vs. $5M year-ago; liquidity hit 8-quarter high of $402M despite consolidated EBITDA declining 4.1% to $70M
  • Intermodal segment EBITDA plunged 50% due to reduced port activities; company faces potential revenue impact from ongoing $250M customer transition discussions
  • Operating cash flow jumped 64.3% to $46M; company pursuing strategic asset divestitures to advance deleveraging and refocus on core service-sensitive logistics
  • Stock plummeted 12.24% following results, trading at $9.19 near 52-week low; shares down nearly 50% over past week and 63% year-to-date amid mixed performance
  • No specific 2026 guidance provided; management cautiously optimistic on freight demand improvements while navigating integration complexity and macroeconomic pressures
Last Updated: 2026-05-13, 07:38 a/m
Read Full Transcript

Earnings

Latest Release
May 07, 2026
EPS / Forecast
-0.77 / -0.16
Revenue / Forecast
582.05M / 666.85M
EPS Revisions
Last 90 days

FWRD Income Statement

Compare FWRD to Peers and Sector

Metrics to compare
FWRD
Peers
Sector
Relationship
P/E Ratio
−5.0x52.4x12.1x
PEG Ratio
−0.05−2.490.03
Price/Book
5.6x3.3x1.4x
Price / LTM Sales
0.2x1.3x1.2x
Upside (Analyst Target)
26.0%2.9%24.8%
Fair Value Upside
Unlock−7.9%8.3%Unlock

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. The company operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. Its 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. The Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, value-added services, time-definite transportation services, and other supply chain solutions. Its Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. The company 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 incorporated in 1981 and is headquartered in Dallas, Texas.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
10.55M33.35%141.22M
Other Institutional Investors
25.00M66.65%334.69M
Public Companies & Retail Investors
0.000.00%0.00
Total
35.54M100.00%475.9M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Clearlake Capital Group, L.P.12.09%3,825,00051,217
BlackRock, Inc.11.70%3,700,08749,544

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FAQ

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

The Forward Air stock price today is 14.52 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 460.46M USD.

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

The Forward Air EPS (TTM) is -2.95.

When Is the Next Forward Air Earnings Date?

Forward Air will release its next earnings report on Jul 23, 2026.

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 Buy.

How Many Times Has Forward Air Stock Split?

Forward Air has split 3 times.

How Many Employees Does Forward Air Have?

Forward Air has 6209 employees.

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

As of Jun 26, 2026, Forward Air (FWRD) is trading at a price of 14.52 USD, with a previous close of 14.29 USD. The stock has fluctuated within a day range of 14.13 USD to 14.64 USD, while its 52-week range spans from 7.86 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 18.33 USD, with a high estimate of 20 USD and a low estimate of 17 USD. 3 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +26.26% Upside potential.

What Is the FWRD Premarket Price?

FWRD's last pre-market stock price is 14.26 USD. The pre-market share volume is 5,000.00, and the stock has decreased by -0.03, or -0.21%.

What Is the FWRD After Hours Price?

FWRD's last after hours stock price is 13.89 USD, the stock has decreased by -0.40, or -2.80%.
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