Forward Air Corporation (FWRD)

NASDAQ: FWRD · Real-Time Price · USD
16.24
-0.82 (-4.81%)
Mar 27, 2026, 4:00 PM EDT - Market closed
Market Cap512.44M -6.2%
Revenue (ttm)2.50B +0.8%
Net Income-107.80M
EPS-3.51
Shares Out 31.55M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume441,110
Open16.73
Previous Close17.06
Day's Range15.99 - 16.87
52-Week Range9.79 - 32.47
Beta1.34
AnalystsStrong Buy
Price Target38.50 (+137.07%)
Earnings DateMay 6, 2026

About FWRD

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.... [Read more]

IPO Date Nov 16, 1993
Employees 6,356
Stock Exchange NASDAQ
Ticker Symbol FWRD
Full Company Profile

Financial Performance

In 2025, Forward Air's revenue was $2.50 billion, an increase of 0.84% compared to the previous year's $2.47 billion. Losses were -$107.80 million, -87.22% less than in 2024.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for FWRD stock is "Strong Buy." The 12-month stock price target is $38.5, which is an increase of 137.07% from the latest price.

Price Target
$38.5
(137.07% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Forward Air and Omni Logistics Leaders Recognized as 2026 Pros to Know by Supply & Demand Chain Executive

DALLAS--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) today announced that four leaders have been named recipients of the 2026 Pros to Know award by Supply & Dem...

5 days ago - Business Wire

Forward Air Named 2026 Surface Carrier of the Year by the Airforwarders Association

DALLAS--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”) today announced that the Company has been named the 2026 Surface Carrier of the Year by the Airforwarde...

4 weeks ago - Business Wire

Forward Air Corporation (FWRD) Q4 2025 Earnings Call Transcript

Forward Air Corporation (FWRD) Q4 2025 Earnings Call Transcript

4 weeks ago - Seeking Alpha

Forward Air Corporation Reports Fourth Quarter and Full Year 2025 Results

DALLAS--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three months and twelve months ended December 31, 2025, as...

4 weeks ago - Business Wire

Forward Air Corporation Announces Timing of Fourth Quarter 2025 and Full Year 2025 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) will release its fourth quarter and full year 2025 earnings after the market closes on Monday, February 23,...

2 months ago - Business Wire

Forward Air: Contrarian Buy Despite Crushing Debt (Rating Upgrade)

Forward Air is upgraded from hold to a speculative buy with a $39.64 price target, implying 39% upside. FWRD faces significant margin deterioration and high net debt leverage, with adjusted margins dr...

2 months ago - Seeking Alpha

Forward Air Corporation Highlights Comprehensive Stakeholder Initiatives in 2025 Sustainability Report

DALLAS--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company,” “Forward,” “we,” “our” or “us”) today announced the release of its 2025 Sustainability Report, highlighting progress acro...

2 months ago - Business Wire

Forward Air Corporation (FWRD) Q3 2025 Earnings Call Transcript

Forward Air Corporation ( FWRD) Q3 2025 Earnings Call November 5, 2025 4:30 PM EST Company Participants Tony Carreño Shawn Stewart - President, CEO & Director Jamie Pierson - Chief Financial Officer ...

5 months ago - Seeking Alpha

Forward Air Corporation Reports Third Quarter 2025 Results

DALLAS--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three months ended September 30, 2025, as presented in the...

5 months ago - Business Wire

Forward Air Corporation Announces Timing of Third Quarter 2025 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) will release its third quarter earnings after the market closes on Wednesday, November 5, 2025, and hold a ...

5 months ago - Business Wire

Forward Air Raises $526,000 for Veterans at 2025 Drive for Hope Golf Tournament

DALLAS--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) hosted the Fourth Annual Drive for Hope Golf Tournament September 29-30 at Chateau Elan Winery & Resort in ...

6 months ago - Business Wire

Forward Air: A Special Situation To Consider

Forward Air's stock has tripled since April, as the logistics company makes progress selling itself to a private equity firm. Despite the recent run-up, there may be further upside ahead, given how mu...

7 months ago - Seeking Alpha

Omni Logistics Delivers Speed, Accuracy, and Cost Control for High-Volume Auto Replenishment

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“we,” “us,” “our,” the “Company” or “Forward Air”) announced today that it is executing a nationwide automotive replenishme...

7 months ago - Business Wire

Forward Air Corporation (FWRD) Q2 2025 Earnings Call Transcript

Forward Air Corporation (NASDAQ:FWRD) Q2 2025 Earnings Conference Call August 11, 2025 4:30 PM ET Company Participants Jamie G. Pierson - Chief Financial Officer Shawn Stewart - President, CEO & Dire...

8 months ago - Seeking Alpha

Forward Air Corporation Reports Second Quarter 2025 Results

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three months ended June 30, 2025, as presented...

8 months ago - Business Wire

Forward Air and Omni Logistics Combine Service Offerings to Deliver Value for Global Athletics Leader

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“we,” “us,” “our,” the “Company” or “Forward Air”) announced today that it has secured a distribution services award and ne...

8 months ago - Business Wire

Forward Air Announces Expanded Partnership With Leader in Package Delivery Services

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“we,” “us,” “our,” the “Company” or “Forward Air”) announced today that it has secured a substantial award from a leader in...

8 months ago - Business Wire

Forward Air Corporation Announces Timing of Second Quarter 2025 Earnings Release and Conference Call

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) will release its second quarter earnings after the market closes on Monday, August 11, 2025, an...

9 months ago - Business Wire

Stock Picks From Seeking Alpha's June 2025 New Analysts

June saw a record number of 48 new Seeking Alpha analysts, each bringing fresh stock ideas and unique backgrounds to the platform. Analysts provided ratings from Sell to Buy, with detailed justificati...

9 months ago - Seeking Alpha

Forward Air and Omni Logistics Recognized for Exceptional Service, Performance, and Partnership

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”) today announced several awards highlighting the Company's exceptional customer service, ope...

10 months ago - Business Wire

US trucker Forward Air attracts takeover interest from buyout firms, sources say

Private equity firms including Blackstone and Apollo Global Management have expressed interest in acquiring U.S. trucker Forward Air , people familiar with the matter said.

10 months ago - Reuters

From Setback To Strength: Forward Air's Bumpy Road To Recovery

Forward Air's Q1 2025 results show margin recovery, improved free cash flow, and strong liquidity, despite an adjusted EPS loss and stock price decline. The Omni Logistics acquisition has transformed ...

10 months ago - Seeking Alpha

Ancora Comments on Clear Mandate from Forward Air Shareholders That a Well-Run Sale Process is Urgently Needed

CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Comp...

10 months ago - Business Wire

Forward Air Corporation Announces Results of 2025 Annual Meeting and Board Changes

GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward Air”, “we”, “our”, or “us”) today announced changes to its Board of Directors following the Company'...

10 months ago - Business Wire

Freightos Looks To Scale Platform Transactions with Forward Air Corporation Partnership

Expanded integration on 7LFreight by WebCargo enables digital bookings for LTL and linehaul trucking across North America and Mexico GREENEVILLE, Tenn. and BARCELONA, Spain , June 9, 2025 /PRNewswire/...

Other symbols: CRGO
10 months ago - PRNewsWire