Forward Air Corporation (FWRD)

Currency in USD
16.93
-2.15(-11.27%)
Closed·
16.930.00(0.00%)
·
Earnings results expected in 3 days
FWRD is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
16.7619.45
52 wk Range
7.8631.18
Key Statistics
Prev. Close
16.93
Open
19.03
Day's Range
16.76-19.45
52 wk Range
7.86-31.18
Volume
480.51K
Average Volume (3m)
490.35K
1-Year Change
-18.9952%
Book Value / Share
-3,65
Fair Value
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Fair Value Upside
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FWRD Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
26.00
Upside
+53.57%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts do not anticipate the company will be profitable this year

Forward Air Corporation News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Analyst Ratings

2 Buy
3 Hold
0 Sell
Ratings:
5 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 26.00
(+53.57% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Stifel
Buy27.00+59.48%24.00MaintainOct 29, 2026
Stifel
Buy24.00+41.76%27.00MaintainOct 08, 2026
Susquehanna
Buy25.00+47.67%29.00MaintainOct 02, 2026
Susquehanna
Buy29.00+71.29%18.00MaintainAug 13, 2026
Stifel
Buy27.00+59.48%19.00MaintainAug 06, 2026

Forward Air Corporation Earnings Call Summary for Q2/2026

  • Forward Air Q2 revenue hit $673M, beating $632M forecast by 6.5%; consolidated EBITDA rose 17.7% to $93M with improved margins across segments.
  • Company posted $6.38 loss per share vs. $0.16 expected, driven by $244M non-cash goodwill impairment in Omni Logistics; shares surged 10.72% after hours.
  • Expedited Freight EBITDA jumped 43% to $43M with margin expanding to 13.6%; best performance since early 2024 amid improved pricing discipline.
  • Management expects to retain 50-75% of $250M annual revenue from largest customer; Intermodal divestiture on track to close by end of 2026.
  • Executives forecast gradual freight recovery supported by seven months of PMI expansion and tightening capacity; diesel prices up 51% in four months.
Last Updated: 2026/08/05, 23:26
Read Full Transcript

Earnings

Latest Release
Aug 05, 2026
EPS / Forecast
-6,38 / -0,16
Revenue / Forecast
673,03M / 631,97M
EPS Revisions
Last 90 days

FWRD Income Statement

Compare FWRD to Peers and Sector

Metrics to compare
FWRD
Peers
Sector
Relationship
P/E Ratio
−2.0x28.6x11.1x
PEG Ratio
0.071.120.03
Price/Book
−5.0x1.8x1.4x
Price / LTM Sales
0.2x0.9x1.1x
Upside (Analyst Target)
53.6%24.4%34.4%
Fair Value Upside
Unlock9.3%10.9%Unlock

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. This segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, value-added services, time-definite transportation services, and other supply chain solutions. Its Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. The company 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 incorporated in 1981 and is headquartered in Dallas, Texas.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
7,14M21,15%136,32M
Other Institutional Investors
30,15M78,85%575,35M
Public Companies & Retail Investors
0,000,00%0,00
Total
37,3M100,00%711,67M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Clearlake Capital Group, L.P.11,32%3 825 00072 981
Clearlake Capital Partners VII, L.P.7,97%2 691 67751 357

FAQ

What Is the Forward Air (FWRD) Stock Price Today?

The Forward Air stock price today is 16,93 USD.

What Stock Exchange Does Forward Air Trade On?

Forward Air is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Forward Air?

The stock symbol for Forward Air is "FWRD."

What Is the Forward Air Market Cap?

As of today, Forward Air market cap is 570,56M USD.

What Is Forward Air's Earnings Per Share (TTM)?

The Forward Air EPS (TTM) is -9,00.

When Is the Next Forward Air Earnings Date?

Forward Air will release its next earnings report on Nov 09, 2026.

From a Technical Analysis Perspective, Is FWRD a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.

How Many Times Has Forward Air Stock Split?

Forward Air has split 3 times.

How Many Employees Does Forward Air Have?

Forward Air has 6209 employees.

What is the current trading status of Forward Air (FWRD)?

As of Nov 06, 2026, Forward Air (FWRD) is trading at a price of 16,93 USD, with a previous close of 16,93 USD. The stock has fluctuated within a day range of 16,76 USD to 19,45 USD, while its 52-week range spans from 7,86 USD to 31,18 USD.

What Is Forward Air (FWRD) Price Target According to Analysts?

The average 12-month price target for Forward Air is 26,00 USD, with a high estimate of 27 USD and a low estimate of 25 USD. 2 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +53,57% Upside potential.
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