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Forward Air Corporation (FWRD)
$17.27-0.62 (-3.47%)
Market ClosedLast close Sep 8
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.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
Forward Air Corporation in the Industrials sector is trading at $17.27 with a market capitalization of $604M. Wall Street consensus targets $28.00 (2 analysts), implying a +62.1% move over the next 12 months. The stock is currently 45% below its 52-week high of $31.18, remaining 11.0% below its 200-day moving average. On fundamentals, Piotroski 4/9 shows mixed financial quality, Altman Z in the distress zone. Risk note: MACD remains below its signal line. The Whystock Score of 50/100 suggests a balanced risk-reward profile.
Ecosystem Influences
Sell-side targets imply +62.1% upside over 12 months
Long-term trend bearish (price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
Quarterly Financials
| Metric (USD) | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Total Revenue | $673.04M↑ | $582.05M↓ | $631.23M | $631.76M↑ | $618.84M |
| Gross Profit | $111.95M↑ | $89.53M↓ | $95.87M↑ | $88.54M↑ | $78.47M |
| Operating Income | $42.69M↑ | $20.44M↑ | -$2.87M↓ | $15.01M↓ | $19.52M |
| Net Income | -$207.30M↓ | -$34.32M↓ | -$28.33M↓ | -$16.25M↓ | -$12.58M |
Peer Comparison
Fundamentals
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, ...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$604.34M
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
-
Beta
High-beta play. Expect amplified moves vs. the broad market.
1.39
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROE
Elite ROE. Management converts capital into profit efficiently.
247.94%
Volume
Today's trading volume
367,598
Recent News
Forward Air (FWRD) Stock Fair Value Rises After Analysts Back Updated Customer Contract
Forward Air is back in focus after analysts lifted their fair value estimate from about US$18.33 to US$28.00. This change feeds into updated price targets within a US$19 to US$29 range. That reset is closely tied to discussion around the renewed customer contract, the revised 2027 valuation framework, and how much of the initially assumed US$250m revenue stream the company can reasonably expect to retain. As you read on, you will see how these moving pieces shape the evolving Forward Air...
Forward Air Corp (FWRD) (Q2 2026) Earnings Call Highlights: Record Revenue and Strategic Wins ...
Forward Air Corp (FWRD) posts best-ever quarterly revenue of $673 million, but a $244 million goodwill impairment clouds strong operational performance.
Forward Air Q2 Earnings Call Highlights
Forward Air (NASDAQ:FWRD) reported record quarterly operating revenue and its strongest consolidated EBITDA performance in more than two years during the second quarter of 2026, as its Expedited Freight, Omni Logistics and Intermodal operations improved. Operating revenue rose to $673 million from
Forward Air takes step in right direction in Q2
Forward Air reported its best quarterly performance since its early 2024 acquisition of Omni Logistics. The post Forward Air takes step in right direction in Q2 appeared first on FreightWaves.
Forward Air sells 2 business units, posts $201M operating loss
The transactions were part of optimizing its portfolio, leadership said on a Wednesday earnings call.