Forward Air Corp Analyst Ratings

FWRDNASDAQ
$13.77
0.191.40%
Last update: Jun 16, 4:00 PM
$13.77
0.191.40%
Consensus Rating1
Buy
Highest Price Target1
$130.00
Lowest Price Target1
$18.00
Consensus Price Target1
$58.20

Forward Air Analyst Ratings and Price Targets | NASDAQ:FWRD | Benzinga

Forward Air Corp has a consensus price target of $58.2 based on the ratings of 8 analysts. The high is $130 issued by Stephens & Co. on August 7, 2023. The low is $18 issued by Susquehanna on May 8, 2026. The 3 most-recent analyst ratings were released by Susquehanna, Stifel, and Stifel on May 8, 2026, April 16, 2026, and January 21, 2026, respectively. With an average price target of $26.67 between Susquehanna, Stifel, and Stifel, there's an implied 93.66% upside for Forward Air Corp from these most-recent analyst ratings.

Analyst Trends and Forecast

1
Jan
1
Apr
0
0
0
0
May
Buy
Hold
Sell
Strong Sell

Analyst Rating and Forecast

12345
3.1
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Susquehanna
Stifel
Baird
Jefferies
Stephens & Co.

1calculated from analyst ratings

Analyst Ratings for Forward Air

Loading calendar...

FAQ

Q

What is the target price for Forward Air (FWRD) stock?

A

The latest price target for Forward Air (NASDAQ:FWRD) was reported by Susquehanna on May 8, 2026. The analyst firm set a price target for $18.00 expecting FWRD to rise to within 12 months (a possible 30.72% upside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Forward Air (FWRD)?

A

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

Q

When was the last upgrade for Forward Air (FWRD)?

A

The last upgrade for Forward Air Corp happened on June 26, 2025 when Stifel raised their price target to $29. Stifel previously had a hold for Forward Air Corp.

Q

When was the last downgrade for Forward Air (FWRD)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Forward Air (FWRD)?

A

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 8, 2026 so you should expect the next rating to be made available sometime around May 8, 2027.

Q

Is the Analyst Rating Forward Air (FWRD) correct?

A

While ratings are subjective and will change, the latest Forward Air (FWRD) rating was a maintained with a price target of $42.00 to $18.00. The current price Forward Air (FWRD) is trading at is $13.77, which is out of the analyst’s predicted range.