FWRD

Forward Air Corporation Common Stock (FWRD)

Stock · NASDAQ · Industrials

$15.03as of 10/16/2026

AI Market Commentary

AI-generatedAll commentary →

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

October 2, 2026

Susquehanna cuts Forward Air target to $25. Susquehanna lowered its price target for Forward Air to $25 while maintaining a positive outlook. The company also reported raising a record $700,000 for charity through its annual golf tournament. These updates provide context for the stock's current valuation relative to the broader analyst consensus.

Active signals

Support level
$14.78
Industry
Integrated Freight & Logistics

What FWRD's price did in the 20 trading sessions after each past signal, compared with any 20-session window over the same period.

SignalTimesMedian 20-session returnHigher after 20 sessions
Volume Spike39-3.1%44%
Bollinger Band Breakdown23-3.1%35%
Bollinger Band Breakout23-0.0%48%
200-Day Moving Average TouchActive now15+4.7%53%
Any 20-session window (baseline)-0.4%48%

Computed by MarketWall from daily closing prices since May 18, 2022. Returns are close-to-close and don't include dividends. Past results describe what happened before; they are not a forecast and not investment advice.

About FWRD

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;…

Sector
Industrials
Industry
Integrated Freight & Logistics
Employees
6,062

Fundamentals

1-day range
$15.5$16.01
Market cap
$562.93M
P/E (trailing)
—
P/E (forward)
36.84
EPS (trailing)
$-8.90
Dividend yield
1.48%
Beta
1.33
Avg. volume
590.9K
Ex-dividend date
November 21, 2023
Dividend pay date
December 7, 2023
52-week range
$7.86$31.18
Next earnings: November 9, 2026 · EPS estimate $0.13confirmed

How Forward Air Corporation Common Stock Makes Money

Where the revenue actually goes — FY2025 annual results

market-wall.comTotalRevenue$2.50BOther$2.50B (100%)FWRD

Source: 10-K filed Mar 11, 2026 · via SEC EDGAR / Finnhub

Operating Income$36.42M(1%)

Forecasts

2 analyst ratings

Buy 64%
Hold 36%
Sell 0%
1-year price forecast
High
$25
+66.4%
Median
$24.5
+63.1%
Low
$24
+59.7%

Forward Air Corporation Common Stock Competitors

Chosen by industry and closest market cap.

  • FWRD
    Forward Air Corporation Common Stock
    $15.04
    ▼ 5.05%
    Market cap $562.93MP/E —
    $7.86$31.18
  • RLGT
    Radiant Logistics Inc. Common Stock
    $8.99
    ▼ 0.88%
    Market cap $394.79MP/E 21.42
    $5.82$10.2
  • CRGO
    Freightos Limited Ordinary shares
    $0.784
    ▲ 0.38%
    Market cap $64.60MP/E —
    $0.7782$4.24
  • NCEW
    New Century Logistics (BVI) Limited Ordinary Shares
    $16.53
    ▲ 0.00%
    Market cap $54.24MP/E —
    $2.8$20.83
  • SLGB
    Smart Logistics Global Limited Class A Ordinary Shares
    $0.219
    ▼ 0.45%
    Market cap $22.03MP/E —
    $0.2101$6.08
  • VNTG
    Vantage Corp Class A Ordinary Shares
    $0.567
    ▲ 5.59%
    Market cap $19.57MP/E —
    $0.5302$1.54
  • PSIG
    PS International Group Ltd. Ordinary Shares
    $4.45
    ▲ 4.71%
    Market cap $18.15MP/E —
    $1.03$12

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Insider Activity

Insider Actions →
Acquired
28.6K
Disposed
4.1K

Institutional Ownership

March 31, 2026

Total shares held
29.61M
Total value held
$484.83M
Institutional holders
181
Top holders this quarter
  • Unknown3.83M
  • Unknown3.70M
  • Unknown1.23M
  • Unknown1.16M
  • Unknown1.09M
  • Unknown1.05M
  • Unknown1.03M
  • Unknown975.0K
  • Unknown878.7K
  • Unknown877.7K

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