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Forward Air Corporation (FWRD) Stock Forecast

Data as of May 2, 2026

Industrials · Current price $21.54 (+2.28%)

Consensus Target
$37.00
Upside
+71.8%
Analysts
3
Rating
Buy(2.00)

Price Target Range

Low $32.00Consensus $37.00High $42.00
▲ Current $21.54

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy1
Hold0
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Feb 24, 2026Bascome MajorsSusquehanna$42.00+95.0%
Jan 21, 2026Bruce ChanStifel Nicolaus$32.00+48.6%
Nov 5, 2024Stephanie MooreJefferies$45.00+108.9%
Oct 21, 2024Bruce ChanStifel Nicolaus$36.00+67.1%
Oct 18, 2024Stephanie MooreJefferies$47.00+118.2%
Oct 1, 2024Garrett HollandRobert W. Baird$32.00+48.6%
Jul 3, 2024Garrett HollandRobert W. Baird$17.00-21.1%
May 21, 2024Bruce ChanStifel Nicolaus$23.00+6.8%
Apr 11, 2024Scott GroupWolfe Research$25.00+16.1%
Jul 29, 2022Patrick Tyler BrownRaymond James$140.00+550.0%
Jul 15, 2022Patrick Tyler BrownRaymond James$135.00+526.7%
Jan 4, 2022Jack AtkinsStephens$165.00+666.0%

FWRD vs Sector & Market

MetricFWRDIndustrials AvgLarge Cap Avg
Analyst Rating2.002.412.41
Analyst Count3818
Target Upside+71.8%+84.8%+14.9%
P/E Ratio-6.4428.2031.19

Revenue Estimates

PeriodLowAvgHigh#
2026-06-30$643M$643M$644M3
2026-09-30$659M$662M$663M1
2026-12-31$667M$670M$672M2
2027-03-31$655M$658M$659M1
2027-06-30$683M$686M$687M2
2027-09-30$709M$712M$713M2
2027-12-31$720M$723M$724M1

EPS Estimates

PeriodLowAvgHigh#
2026-06-30$-0.18$-0.15$-0.123
2026-09-30$-0.07$-0.07$-0.071
2026-12-31$-0.08$-0.08$-0.081
2027-03-31$-0.13$-0.13$-0.131
2027-06-30$0.14$0.14$0.141
2027-09-30$0.22$0.22$0.221
2027-12-31$0.20$0.20$0.201

Frequently Asked Questions

What is the analyst consensus for FWRD?

The consensus among 3 analysts covering Forward Air Corporation (FWRD) is Buy with an average price target of $37.00.

What is the highest price target for FWRD?

The highest price target for FWRD is $165.00, set by Jack Atkins at Stephens on 2022-01-04.

What is the lowest price target for FWRD?

The lowest price target for FWRD is $17.00, set by Garrett Holland at Robert W. Baird on 2024-07-03.

How many analysts cover FWRD?

3 analysts have issued ratings for Forward Air Corporation in the past 12 months.

Is FWRD a buy or sell right now?

Based on 3 analyst ratings, FWRD has a consensus rating of Buy (2.00/5) with a +71.8% upside to the consensus target of $37.00.

What are the earnings estimates for FWRD?

Analysts estimate FWRD will report EPS of $-0.15 for the period ending 2026-06-30, with revenue estimated at $643M.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.