$23.77
-0.23[-0.96%]
Last update: 9:29AM Get Real Time Here
Forward Air
(NASDAQ:FWRD)Forward Air Stock (NASDAQ:FWRD), Analyst Ratings, Price Targets, Predictions
Forward Air Corp has a consensus price target of $54.38, established from looking at the 39 latest analyst ratings. The last 3 analyst ratings were released from Benchmark, Benchmark, and Baird on April 18, 2024, April 3, 2024, and March 1, 2024. With an average price target of $13.33 between Benchmark, Benchmark, and Baird, there's an implied -44.44% downside for Forward Air Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Benchmark
Baird
Stifel
Wolfe Research
Susquehanna
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Forward Air
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/18/2024 | FWRD | Buy Now | Forward Air | $24.00 | — | Benchmark | Christopher Kuhn | — | Reiterates | → Hold | Get Alert |
| 04/03/2024 | FWRD | Buy Now | Forward Air | $24.00 | — | Benchmark | Christopher Kuhn | — | Reiterates | → Hold | Get Alert |
| 03/01/2024 | FWRD | Buy Now | Forward Air | $24.00 | 66.67% | Baird | Benjamin Hartford | $50 → $40 | Maintains | Neutral | Get Alert |
| 01/22/2024 | FWRD | Buy Now | Forward Air | $24.00 | 129.17% | Stifel | J. Bruce Chan | $80 → $55 | Maintains | Hold | Get Alert |
| 01/10/2024 | FWRD | Buy Now | Forward Air | $24.00 | 233.34% | Stifel | J. Bruce Chan | $81 → $80 | Maintains | Hold | Get Alert |
| 01/10/2024 | FWRD | Buy Now | Forward Air | $24.00 | 108.34% | Wolfe Research | Scott Group | → $50 | Downgrade | Peer Perform → Underperform | Get Alert |
| 11/01/2023 | FWRD | Buy Now | Forward Air | $24.00 | 212.5% | Susquehanna | Bascome Majors | $84 → $75 | Maintains | Positive | Get Alert |
| 10/04/2023 | FWRD | Buy Now | Forward Air | $24.00 | 233.34% | Susquehanna | Bascome Majors | $76 → $80 | Maintains | Positive | Get Alert |
| 08/29/2023 | FWRD | Buy Now | Forward Air | $24.00 | 254.17% | Jefferies | Stephanie Moore | $110 → $85 | Upgrade | Hold → Buy | Get Alert |
| 08/15/2023 | FWRD | Buy Now | Forward Air | $24.00 | 233.34% | Baird | Benjamin Hartford | $130 → $80 | Downgrade | Outperform → Neutral | Get Alert |
| 08/11/2023 | FWRD | Buy Now | Forward Air | $24.00 | — | Raymond James | Patrick Tyler Brown | — | Downgrade | Strong Buy → Market Perform | Get Alert |
| 08/11/2023 | FWRD | Buy Now | Forward Air | $24.00 | 233.34% | Wolfe Research | Scott Group | → $80 | Downgrade | Peer Perform → Underperform | Get Alert |
| 08/11/2023 | FWRD | Buy Now | Forward Air | $24.00 | 329.17% | Stifel | J. Bruce Chan | $127 → $103 | Downgrade | Buy → Hold | Get Alert |
| 08/07/2023 | FWRD | Buy Now | Forward Air | $24.00 | 441.67% | Stephens & Co. | Jack Atkins | → $130 | Reiterates | Overweight → Overweight | Get Alert |
| 08/07/2023 | FWRD | Buy Now | Forward Air | $24.00 | 425.01% | Raymond James | Patrick Tyler Brown | $120 → $126 | Maintains | Strong Buy | Get Alert |
| 07/19/2023 | FWRD | Buy Now | Forward Air | $24.00 | 441.67% | Baird | Benjamin Hartford | $106 → $130 | Upgrade | Neutral → Outperform | Get Alert |
| 07/07/2023 | FWRD | Buy Now | Forward Air | $24.00 | 400.01% | Raymond James | Patrick Tyler Brown | $115 → $120 | Maintains | Strong Buy | Get Alert |
| 06/16/2023 | FWRD | Buy Now | Forward Air | $24.00 | 416.67% | Susquehanna | Bascome Majors | $125 → $124 | Maintains | Positive | Get Alert |
| 05/03/2023 | FWRD | Buy Now | Forward Air | $24.00 | 379.17% | Raymond James | Patrick Tyler Brown | $128 → $115 | Maintains | Strong Buy | Get Alert |
FAQ
What is the target price for Forward Air (FWRD)?
The latest price target for Forward Air (NASDAQ: FWRD) was reported by Benchmark on April 18, 2024. The analyst firm set a price target for $0.00 expecting FWRD to fall to within 12 months (a possible -100.00% downside). 20 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Forward Air (FWRD)?
The latest analyst rating for Forward Air (NASDAQ: FWRD) was provided by Benchmark, and Forward Air reiterated their hold rating.
When was the last upgrade for Forward Air (FWRD)?
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.
When was the last downgrade for Forward Air (FWRD)?
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.
When is the next analyst rating going to be posted or updated for Forward Air (FWRD)?
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 April 18, 2024 so you should expect the next rating to be made available sometime around April 18, 2025.
Is the Analyst Rating Forward Air (FWRD) correct?
While ratings are subjective and will change, the latest Forward Air (FWRD) rating was a reiterated with a price target of $0.00 to $0.00. The current price Forward Air (FWRD) is trading at is $23.77, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.