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Ranked #2309 by analyst upside · 2026-08-12
FWRD
Forward Air Corporation
Industrials · Market Cap $628M · P/E 0x
ANALYST PRICE TARGET
+21.0%
implied upside to consensus target
Current Price $18.6
Consensus Target $22.5
Bull Target $27.0
Bear Target $18.0
Analysts Covering 2
ANALYST CONSENSUS - BUY
Strong Buy
0
Buy
1
Hold
1
Sell
0
52-Week Low $7.86
52-Week High $32.0
YTD Return -26.0%
FUNDAMENTALS
Market Cap $628M
P/E Ratio (TTM) N/A
Forward P/E 56.4x
EPS (TTM) $-8.91
PEG Ratio 0.65
Dividend Yield N/A
Revenue (TTM) $2.5B
Profit Margin -11.4%
52-WEEK RANGE
52-Week Low $7.86
52-Week High $32.0
Current Price $18.6
Bear Target $18.0
Bull Target $27.0
● Now $18.6 ● Target $22.5
TRADING DATA
Avg Volume 1.2M
YTD Return -26.0%
Analyst Count 2
Consensus Buy
Upside to Target +21.0%
Last Updated 2026-08-12

ANALYST SUMMARY

Forward Air Corporation (FWRD) is currently trading at $18.6 with a Wall Street consensus price target of $22.5, implying potential upside of 21.0% over the next 12 months. 2 analysts currently cover FWRD, with a consensus rating of Buy - 50% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $27.0, while the most cautious has a target of $18.0.

FWRD operates in the Industrials sector with a market capitalisation of $628M. The stock is down 26.0% year-to-date and is currently trading near the lower end of its 52-week range of $7.86 – $32.0.

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RECENT ANALYST CALLS

Upgrade/downgrade history for FWRD, with each firm's 90-day track record across all stocks we track. See full firm rankings →

Susquehanna - Reiterated
Positive → Positive 2026-05-08 Building track record
Stifel - Reiterated
Buy → Buy 2026-04-16 Building track record
Stifel - Reiterated
Buy → Buy 2026-01-21 Building track record
Susquehanna - Reiterated
Positive → Positive 2026-01-05 Building track record
Stifel - Reiterated
Buy → Buy 2025-10-17 Building track record
Susquehanna - Reiterated
Positive → Positive 2025-08-12 Building track record
Stifel - Reiterated
Buy → Buy 2025-07-24 Building track record
Stifel ↑ Upgrade
Hold → Buy 2025-06-26 Building track record
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
35
out of 100
Coverage depth
8/30
Consensus clarity
20/30
Vote unanimity
5/25
Rating stability
2/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call - not that the stock will go up.

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