Forward Air Corporation (FWRD)
NASDAQ: FWRD · Real-Time Price · USD
25.90
+0.34 (1.33%)
At close: Dec 5, 2025, 4:00 PM EST
25.90
0.00 (0.00%)
After-hours: Dec 5, 2025, 5:01 PM EST
Forward Air Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Forward Air stock have an average target of 33.67, with a low estimate of 28 and a high estimate of 43. The average target predicts an increase of 30.00% from the current stock price of 25.90.
Analyst Consensus: Buy
* Price targets were last updated on Oct 17, 2025.
Analyst Ratings
The average analyst rating for Forward Air stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 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 | +15.83% | Oct 17, 2025 |
| Susquehanna | Susquehanna | Buy Maintains $40 → $43 | Buy | Maintains | $40 → $43 | +66.02% | Aug 12, 2025 |
| Stifel | Stifel | Strong Buy Maintains $29 → $33 | Strong Buy | Maintains | $29 → $33 | +27.41% | Jul 24, 2025 |
| Stifel | Stifel | Hold → Strong Buy Upgrades $21 → $29 | Hold → Strong Buy | Upgrades | $21 → $29 | +11.97% | Jun 26, 2025 |
| Stifel | Stifel | Hold Maintains $29 → $22 | Hold | Maintains | $29 → $22 | -15.06% | Apr 10, 2025 |
Financial Forecast
Revenue This Year
2.55B
from 2.47B
Increased by 3.18%
Revenue Next Year
2.67B
from 2.55B
Increased by 4.39%
EPS This Year
-0.99
from -30.63
EPS Next Year
-0.00
from -0.99
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.7B | 2.8B | |
| Avg | 2.6B | 2.7B | |
| Low | 2.4B | 2.5B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.7% | 8.9% | |
| Avg | 3.2% | 4.4% | |
| Low | -1.3% | -1.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.38 | 0.38 | |
| Avg | -0.99 | -0.00 | |
| Low | -1.49 | -0.34 |
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.