Forward Air Corporation (FWRD)
NASDAQ: FWRD · Real-Time Price · USD
19.24
-0.52 (-2.63%)
At close: Oct 29, 2025, 4:00 PM EDT
19.35
+0.11 (0.57%)
After-hours: Oct 29, 2025, 7:25 PM EDT
Forward Air Stock Forecast
Stock Price Forecast
The 3 analysts that cover Forward Air stock have a consensus rating of "Buy" and an average price target of $33.67, which forecasts a 75.00% increase in the stock price over the next year. The lowest target is $28 and the highest is $43.
Price Target: $33.67 (+75.00%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Forward Air stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $32 → $30 | Strong Buy | Maintains | $32 → $30 | +55.93% | Oct 17, 2025 |
| Susquehanna | Susquehanna | Buy Maintains $40 → $43 | Buy | Maintains | $40 → $43 | +123.49% | Aug 12, 2025 |
| Stifel | Stifel | Strong Buy Maintains $29 → $33 | Strong Buy | Maintains | $29 → $33 | +71.52% | Jul 24, 2025 |
| Stifel | Stifel | Hold → Strong Buy Upgrades $21 → $29 | Hold → Strong Buy | Upgrades | $21 → $29 | +50.73% | Jun 26, 2025 |
| Stifel | Stifel | Hold Maintains $29 → $22 | Hold | Maintains | $29 → $22 | +14.35% | Apr 10, 2025 |
Financial Forecast
Revenue This Year
2.57B
from 2.47B
Increased by 3.91%
Revenue Next Year
2.74B
from 2.57B
Increased by 6.53%
EPS This Year
-0.95
from -30.63
EPS Next Year
0.17
from -0.95
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.7B | 2.9B | |
| Avg | 2.6B | 2.7B | |
| Low | 2.4B | 2.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 9.4% | 12.8% | |
| Avg | 3.9% | 6.5% | |
| Low | -1.8% | 0.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.38 | 0.38 | |
| Avg | -0.95 | 0.17 | |
| Low | -1.30 | -0.25 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | - | |
| Avg | - | - | |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.