Forward Air Stock (NASDAQ:FWRD), Analyst Ratings, Price Targets, Predictions

The latest price target for Forward Air (NASDAQ: FWRD) was reported by Baird on May 10, 2024. The analyst firm set a price target for $14.00 expecting FWRD to fall to within 12 months (a possible -14.14% downside). 20 analyst firms have reported ratings in the last year.

The latest analyst rating for Forward Air (NASDAQ: FWRD) was provided by Baird, and Forward Air maintained their neutral rating.

The last upgrade for Forward Air Corp happened on August 29, 2023 when Jefferies raised their price target to $85. Jefferies previously had a hold for Forward Air Corp.

The last downgrade for Forward Air Corp happened on January 10, 2024 when Wolfe Research changed their price target from N/A to $50 for Forward Air Corp.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Forward Air, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Forward Air was filed on May 10, 2024 so you should expect the next rating to be made available sometime around May 10, 2025.

While ratings are subjective and will change, the latest Forward Air (FWRD) rating was a maintained with a price target of $24.00 to $14.00. The current price Forward Air (FWRD) is trading at is $16.31, which is out of the analyst’s predicted range.