Forward Air Corporation (FWRD)

Currency in USD
21.90
+0.89(+4.24%)
Closed·
22.00+0.08(+0.37%)
·
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Fair Value
Day's Range
20.4122.05
52 wk Range
9.7936.69
Key Statistics
Prev. Close
21.01
Open
21.28
Day's Range
20.41-22.05
52 wk Range
9.79-36.69
Volume
492.79K
Average Volume (3m)
766.31K
1-Year Change
-41.44%
Book Value / Share
4.54
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
34.00
Upside
+55.25%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts do not anticipate the company will be profitable this year

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
Strong Buy

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 Q3/2025

  • Forward Air maintained consolidated EBITDA at $78 million in Q3 2025, with adjusted EBITDA slightly increasing to $75 million despite challenging freight market conditions.
  • The company launched OneGround network to unify U.S. and Canadian operations while implementing workforce reductions and technological advancements for operational efficiency.
  • Total liquidity reached $413 million ($140M cash, $273M revolver availability), with cash from operations increasing $2 million YoY to $53 million.
  • Stock declined 2.48% in aftermarket trading to $17.69, down over 43% YTD, though management emphasized their 'variable-cost network' flexibility amid market challenges.
  • Forward Air anticipates market stabilization with positive EPS projections beginning in Q2 2026, focusing on covenant management through Q4 2026.
Last Updated: 05/11/2025, 23:30
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Compare FWRD to Peers and Sector

Metrics to compare
FWRD
Peers
Sector
Relationship
P/E Ratio
−5.9x14.4x12.0x
PEG Ratio
−0.070.040.03
Price/Book
4.9x2.3x1.4x
Price / LTM Sales
0.3x0.7x1.2x
Upside (Analyst Target)
42.8%23.0%23.4%
Fair Value Upside
Unlock14.0%6.8%Unlock

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 34.00
(+55.25% Upside)

Earnings

Latest Release
Nov 05, 2025
EPS / Forecast
-0.52 / -0.1579
Revenue / Forecast
631.76M / 670.83M
EPS Revisions
Last 90 days

FWRD Income Statement

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FAQ

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

The Forward Air (FWRD) premarket price is 21.70. Premarket price change units: 0.69. Premarket percentage change: 3.28%. Premarket volume: 1,230.00. Current date: 25 Nov 2025. Previous close: 21.01

What Stock Exchange Does Forward Air Trade On?

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

What Is the Stock Symbol for Forward Air?

The stock symbol for Forward Air is "FWRD."

What Is the Forward Air (FWRD) Afterhours Price Today? (Afterhours variable test: 22.00) Current Date: 25 Nov 2025

After hours price: 22.00. After hours price change (units): 0.08. Price change percentage: 0.37%

What Is the Forward Air Market Cap?

As of today, Forward Air market cap is 686.52M.

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

The Forward Air EPS (TTM) is -4.71.

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 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 6453 employees.

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

As of 25 Nov 2025, Forward Air (FWRD) is trading at a price of 21.90, with a previous close of 21.01. The stock has fluctuated within a day range of 20.41 to 22.05, while its 52-week range spans from 9.79 to 36.69.

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

The average 12-month price target for Forward Air is USD34, with a high estimate of USD42 and a low estimate of USD30. 3 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +55.25% Upside potential.

What Is the FWRD Premarket Price?

FWRD's last pre-market stock price is 21.70. The pre-market share volume is 1,230.00, and the stock has decreased by 0.69, or 3.28%.

What Is the FWRD After Hours Price?

FWRD's last after hours stock price is 22.00, the stock has decreased by 0.08, or 0.37%.
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