Forward Air - FWRD Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $137.83
  • Forecasted Upside: 52.07 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 4 Buy Ratings
  • 1 Strong Buy Ratings
$90.64
▲ +1.32 (1.48%)

This chart shows the closing price for FWRD by one month, three months, or twelve months.

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Analyst Price Target for FWRD

Analyst Price Target is $137.83
▲ +52.07% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Forward Air in the last 3 months. The average price target is $137.83, with a high forecast of $165.00 and a low forecast of $125.00. The average price target represents a 52.07% upside from the last price of $90.64.

This chart shows the closing price for FWRD for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 8 contributing investment analysts is to buy stock in Forward Air. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/5/2021
  • 1 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/4/2021
  • 1 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/2/2021
  • 1 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/31/2021
  • 1 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/31/2022
  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/29/2022
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
8/28/2022
  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/27/2022

Latest Recommendations

  • 1 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/19/2022BenchmarkInitiated CoverageHoldLow
7/15/2022Raymond JamesLower Target$145.00 ➝ $135.00Low
4/29/2022Susquehanna BancsharesLower Target$143.00 ➝ $133.00High
4/29/2022SusquehannaLower Target$143.00 ➝ $133.00High
4/28/2022Stifel NicolausUpgradeHold ➝ Buy$122.00 ➝ $136.00Low
1/6/2022Wolfe ResearchDowngradeOutperform ➝ Peer PerformHigh
1/5/2022Robert W. BairdDowngradeOutperform ➝ Neutral$110.00 ➝ $125.00High
1/4/2022StephensUpgradeEqual Weight ➝ Overweight$115.00 ➝ $165.00High
12/30/2021Raymond JamesBoost TargetStrong-Buy$135.00 ➝ $145.00Low
12/9/2021Susquehanna BancsharesInitiated CoveragePositive$132.00Medium
12/9/2021SusquehannaInitiated CoveragePositive$132.00Medium
10/29/2021Raymond JamesBoost TargetStrong-Buy$125.00 ➝ $135.00Medium
10/29/2021Robert W. BairdBoost TargetOutperform$100.00 ➝ $110.00High
7/13/2021Raymond JamesBoost TargetStrong-Buy$120.00 ➝ $125.00Medium
5/3/2021Raymond JamesUpgradeOutperform ➝ Strong-Buy$100.00 ➝ $120.00High
4/15/2021Raymond JamesBoost TargetOutperform$95.00 ➝ $100.00Low
2/16/2021Wolfe ResearchUpgradePeer Perform ➝ Outperform$101.00Low
2/16/2021Raymond JamesBoost TargetOutperform$80.00 ➝ $95.00Low
12/11/2020Raymond JamesBoost TargetOutperform$70.00 ➝ $80.00Medium
11/2/2020Stifel NicolausBoost TargetHold$58.00 ➝ $61.00Medium
11/2/2020Raymond JamesBoost TargetOutperform$65.00 ➝ $70.00Medium
9/29/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$65.00High
7/24/2020Stifel NicolausBoost TargetHold$45.00 ➝ $52.00Medium
6/9/2020Wolfe ResearchUpgradeUnderperform ➝ Peer PerformLow
5/4/2020Robert W. BairdLower TargetOutperformer$60.00 ➝ $54.00High
3/27/2020Wolfe ResearchDowngradeMarket Perform ➝ UnderperformLow
2/10/2020StephensLower TargetEqual Weight$81.00 ➝ $76.00Low
10/25/2019Robert W. BairdSet TargetBuy$75.00Low
4/26/2019Deutsche Bank AktiengesellschaftBoost TargetBuy ➝ Buy$73.00 ➝ $75.00Low
10/29/2018StephensDowngradeOverweight ➝ Equal$74.00 ➝ $67.00Low
10/25/2018Stifel NicolausSet TargetHold$68.00High
9/27/2018Deutsche Bank AktiengesellschaftSet TargetBuy$73.00Low
9/4/2018Deutsche Bank AktiengesellschaftInitiated CoverageBuy$72.00High
7/27/2018StephensSet TargetBuy$70.00Low
7/26/2018Stifel NicolausBoost TargetHold ➝ Hold$64.00 ➝ $68.00High
7/10/2018Stifel NicolausDowngradeBuy ➝ Hold$64.00High
4/26/2018Stifel NicolausUpgradeHold ➝ Buy$62.00 ➝ $64.00High
2/9/2018StephensSet TargetBuy$74.00Low
1/18/2018Robert W. BairdUpgradeNeutral ➝ OutperformMedium
1/10/2018StephensReiterated RatingBuy$80.00Low
10/30/2017CowenReiterated RatingMarket Perform ➝ Market Perform$51.00 ➝ $54.00N/A
10/26/2017Stifel NicolausBoost TargetHold$47.00 ➝ $52.00N/A
10/6/2017Robert W. BairdReiterated RatingHold$60.00N/A
(Data available from 9/27/2017 forward)

News Sentiment Rating

0.44 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/1/2022
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/31/2022
  • 5 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/30/2022
  • 5 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/30/2022
  • 5 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/29/2022
  • 3 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/29/2022
  • 4 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/28/2022
  • 3 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/27/2022

Current Sentiment

  • 3 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Forward Air logo
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight 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 final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment also offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. 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.
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Today's Range

Now: $90.64
Low: $89.49
High: $91.77

50 Day Range

MA: $100.20
Low: $89.32
High: $109.09

52 Week Range

Now: $90.64
Low: $81.15
High: $125.71

Volume

186,228 shs

Average Volume

164,242 shs

Market Capitalization

$2.43 billion

P/E Ratio

15.23

Dividend Yield

1.07%

Beta

1.14

Frequently Asked Questions

What sell-side analysts currently cover shares of Forward Air?

The following sell-side analysts have issued research reports on Forward Air in the last year: Benchmark Co., Raymond James, Robert W. Baird, Stephens, Stifel Nicolaus, StockNews.com, Susquehanna, Susquehanna Bancshares, Inc., and Wolfe Research.
View the latest analyst ratings for FWRD.

What is the current price target for Forward Air?

6 Wall Street analysts have set twelve-month price targets for Forward Air in the last year. Their average twelve-month price target is $137.83, suggesting a possible upside of 52.1%. Stephens has the highest price target set, predicting FWRD will reach $165.00 in the next twelve months. Robert W. Baird has the lowest price target set, forecasting a price of $125.00 for Forward Air in the next year.
View the latest price targets for FWRD.

What is the current consensus analyst rating for Forward Air?

Forward Air currently has 3 hold ratings, 4 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe FWRD will outperform the market and that investors should add to their positions of Forward Air.
View the latest ratings for FWRD.

What other companies compete with Forward Air?

How do I contact Forward Air's investor relations team?

Forward Air's physical mailing address is 1915 SNAPPS FERRY ROAD BUILDING N, GREENEVILLE TN, 37744. The transportation company's listed phone number is (423) 636-7000 and its investor relations email address is [email protected] The official website for Forward Air is www.forwardair.com. Learn More about contacing Forward Air investor relations.