NASDAQ:FWRD - Forward Air Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $77.75
  • Forecasted Upside: -11.16 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$87.52
▲ +0.07 (0.08%)
1 month | 3 months | 12 months
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Analyst Price Target for FWRD

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$77.75
▼ -11.16% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Forward Air in the last 3 months. The average price target is $77.75, with a high forecast of $101.00 and a low forecast of $54.00. The average price target represents a -11.16% upside from the last price of $87.52.
Buy
The current consensus among 3 polled investment analysts is to buy stock in Forward Air. This rating has held steady since September 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/11/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/10/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/9/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/7/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/5/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/4/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/2/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/4/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/16/2021Wolfe ResearchUpgradePeer Perform ➝ Outperform$101.00Low
i
2/16/2021Raymond JamesBoost Price TargetOutperform$80.00 ➝ $95.00Low
i
12/11/2020Raymond JamesBoost Price TargetOutperform$70.00 ➝ $80.00Medium
i
11/2/2020Stifel NicolausBoost Price TargetHold$58.00 ➝ $61.00Medium
i
11/2/2020Raymond JamesBoost Price TargetOutperform$65.00 ➝ $70.00Medium
i
9/29/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$65.00High
i
7/24/2020Stifel NicolausBoost Price TargetHold$45.00 ➝ $52.00Medium
i
6/9/2020Wolfe ResearchUpgradeUnderperform ➝ Peer PerformLow
i
Rating by Scott Group at Wolfe Research
5/4/2020Robert W. BairdLower Price TargetOutperformer$60.00 ➝ $54.00High
i
3/27/2020Wolfe ResearchDowngradeMarket Perform ➝ UnderperformLow
i
2/10/2020StephensLower Price TargetEqual Weight$81.00 ➝ $76.00Low
i
10/25/2019Robert W. BairdSet Price TargetBuy$75.00Low
i
Rating by Benjamin Hartford at Robert W. Baird
4/26/2019Deutsche Bank AktiengesellschaftBoost Price TargetBuy ➝ Buy$73.00 ➝ $75.00Low
i
10/29/2018StephensDowngradeOverweight ➝ Equal$74.00 ➝ $67.00Low
i
Rating by Jack Atkins at Stephens
10/25/2018Stifel NicolausSet Price TargetHold$68.00High
i
Rating by J. Bruce Chan at Stifel Nicolaus
9/27/2018Deutsche Bank AktiengesellschaftSet Price TargetBuy$73.00Low
i
Rating by Amit Mehrotra at Deutsche Bank Aktiengesellschaft
9/4/2018Deutsche Bank AktiengesellschaftInitiated CoverageBuy$72.00High
i
7/27/2018StephensSet Price TargetBuy$70.00Low
i
Rating by Jack Atkins at Stephens
7/26/2018Stifel NicolausBoost Price TargetHold ➝ Hold$64.00 ➝ $68.00High
i
Rating by J. Bruce Chan at Stifel Nicolaus
7/10/2018Stifel NicolausDowngradeBuy ➝ Hold$64.00High
i
4/26/2018Stifel NicolausUpgradeHold ➝ Buy$62.00 ➝ $64.00High
i
2/9/2018StephensSet Price TargetBuy$74.00Low
i
Rating by Jack Atkins at Stephens
1/18/2018Robert W. BairdUpgradeNeutral ➝ OutperformMedium
i
1/10/2018StephensReiterated RatingBuy$80.00Low
i
10/30/2017CowenReiterated RatingMarket Perform ➝ Market Perform$51.00 ➝ $54.00N/A
i
10/26/2017Stifel NicolausBoost Price TargetHold$47.00 ➝ $52.00N/A
i
10/6/2017Robert W. BairdReiterated RatingHold$60.00N/A
i
9/22/2017KeyCorpReiterated RatingHoldLow
i
8/10/2017CowenReiterated RatingHold$51.00Low
i
8/1/2017Wolfe ResearchDowngradeOutperform ➝ Market PerformLow
i
4/28/2017Stifel NicolausBoost Price TargetHold$46.00 ➝ $47.00Low
i
4/17/2017Stifel NicolausBoost Price TargetBuy$14.50 ➝ $15.00Low
i
4/14/2017Stifel NicolausReiterated RatingHold$44.00 ➝ $46.00N/A
i
3/2/2017Seaport Global SecuritiesInitiated CoverageNeutral ➝ NeutralN/A
i
Rating by K. Sterling at Seaport Global Securities
1/6/2017Wolfe ResearchUpgradeMarket Perform ➝ OutperformN/A
i
12/2/2016Robert W. BairdDowngradeOutperform ➝ Neutral$49.00N/A
i
10/21/2016CowenLower Price TargetMarket Perform$48.00 ➝ $45.00N/A
i
Rating by jason seidl at Cowen Inc
9/20/2016CowenLower Price TargetMarket Perform$50.00 ➝ $48.00N/A
i
Rating by Jason Seidl at Cowen Inc
7/25/2016CowenBoost Price TargetOutperform$47.00 ➝ $50.00N/A
i
Rating by Jason Seidl at Cowen Inc
7/12/2016Truist FinancialDowngradeBuy ➝ HoldN/A
i
Rating by K. Sterling at Truist Financial Co.
5/24/2016Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$50.00 ➝ $52.00N/A
i
4/25/2016Royal Bank of CanadaBoost Price TargetSector Perform$43.00 ➝ $50.00N/A
i
4/23/2016CowenReiterated RatingHoldN/A
i
Rating by Jason Seidl at Cowen Inc
4/22/2016CowenBoost Price TargetMarket Perform$42.00 ➝ $47.00N/A
i
Rating by Jason Seidl at Cowen Inc
4/4/2016Robert W. BairdBoost Price Target$49.00 ➝ $50.00N/A
i
(Data available from 3/5/2016 forward)
Forward Air logo
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United State and Canada. The company operates through three segments: Expedited Freight, Intermodal, and Pool Distribution. 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. It 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. The Pool segment offers pool distribution services comprising managing high-frequency handling and distribution of time-sensitive products to various destinations through a network of terminals. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.
Read More

Today's Range

Now: $87.52
$86.77
$89.62

50 Day Range

MA: $81.45
$71.69
$88.74

52 Week Range

Now: $87.52
$39.59
$90.72

Volume

18,363 shs

Average Volume

134,985 shs

Market Capitalization

$2.41 billion

P/E Ratio

47.05

Dividend Yield

0.95%

Beta

1.15

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: Raymond James, Robert W. Baird, Stifel Nicolaus, TheStreet, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for FWRD.

What is the current price target for Forward Air?

4 Wall Street analysts have set twelve-month price targets for Forward Air in the last year. Their average twelve-month price target is $77.75, suggesting a possible downside of 11.1%. Wolfe Research has the highest price target set, predicting FWRD will reach $101.00 in the next twelve months. Robert W. Baird has the lowest price target set, forecasting a price of $54.00 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 1 hold rating and 2 buy ratings 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.