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FWRD logo

Forward Air Corporation Stock Price

NasdaqGS:FWRD Community·US$553.3m Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 19 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

FWRD Share Price Performance

US$16.42
-13.47 (-45.07%)
​
US$28.00
Fair Value
US$16.42
-13.47 (-45.07%)
41.4% undervalued intrinsic discount
US$28.00
Fair Value
Price US$16.42
AnalystConsensusTarget US$28.00
AnalystHighTarget US$27.00
AnalystLowTarget US$27.00
Thu, 20 Aug 26
Fair ValueUS$28.00
Share Pricen/a

FWRD Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value US$28 41.4% undervalued intrinsic discount

Freight Recovery And Network Integration Will Transform Logistics

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6users have followed this narrative
AN
AnalystHighTarget
AnalystHighTarget's
Fair Value
·
Fair Value US$27 39.2% undervalued intrinsic discount

Omni Integration And Nearshoring Will Fuel Robust LTL Performance

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
AN
AnalystLowTarget
AnalystLowTarget's
Fair Value
·
Fair Value US$27 39.2% undervalued intrinsic discount

Declining Freight Volumes Will Strain Operations But Encourage Efficiency Gains

0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
FWRD logo
Forward Air
39.2% undervalued intrinsic discount

Declining Freight Volumes Will Strain Operations But Encourage Efficiency Gains

View narrative
AN
AnalystLowTarget
AnalystLowTarget
Updated 4 Sep
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FWRD logo
Forward Air
41.4% undervalued intrinsic discount

Freight Recovery And Network Integration Will Transform Logistics

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 20 Aug
Read Narrative
FWRD logo
Forward Air
39.2% undervalued intrinsic discount

Omni Integration And Nearshoring Will Fuel Robust LTL Performance

View narrative
AN
AnalystHighTarget
AnalystHighTarget
Updated 6 Aug
Read Narrative

Trending Discussion

No trending discussion available.

Recently Updated Narratives

AN
AnalystLowTarget
FWRD logo

FWRD: Customer Contract Progress And 2027 Focus Will Drive Upside

Fair Value: US$27 39.2% undervalued intrinsic discount
1 fair value setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystConsensusTarget
FWRD logo

FWRD: Contract Extension And Amazon Optionality Will Support Future Share Recovery

Fair Value: US$28 41.4% undervalued intrinsic discount
6 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
AN
AnalystHighTarget
FWRD logo

FWRD: Contract Win And Extended Term Will Drive Future Upside

Fair Value: US$27 39.2% undervalued intrinsic discount
0 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

Undervalued with low risk.

3 Risks
2 Rewards
View Full Analysis

Forward Air Corporation Key Details

US$2.5b

Revenue

US$2.0b

Cost of Revenue

US$541.1m

Gross Profit

US$825.3m

Other Expenses

-US$284.1m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
-8.41
21.49%
-11.28%
-1,380.4%
View Full Analysis

About FWRD

Founded
1981
Employees
6209
CEO
Shawn Stewart
WebsiteView website
www.forwardair.com

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; and other services, which include shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, value-added services, time-definite transportation services, and other supply chain solutions. Its Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. The company serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was incorporated in 1981 and is headquartered in Dallas, Texas.

Recent FWRD News & Updates

User avatar
Narrative Update • Sep 04

FWRD: Customer Contract Progress And 2027 Focus Will Drive Upside

Analysts have lifted their fair value estimate for Forward Air from $17 to $27, citing higher long-term price targets of approximately $29 and $19, as well as increased confidence in contract retention and the company’s positioning in the current freight market. Analyst Commentary on Forward Air Recent research updates on Forward Air focus on contract retention, valuation timeframes, and how the company is positioned in the current freight market.
Seeking Alpha • Aug 25

Forward Air: Undervalued, But Lack Of Profitability May Dampen Growth

Summary Forward Air is rated a hold despite being significantly undervalued due to persistent net losses and profitability concerns. Management expects to retain 50–75% of a $250 million customer contract, potentially adding $125–$187.5 million in revenue in FY 2026. FWRD’s net leverage ratio improved to 5.2x, with further deleveraging planned via divestiture of the intermodal segment to reduce debt. Revenue growth and valuation upside hinge on successful customer retention and conversion of MOU commitments into realized sales. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 20

FWRD: Contract Extension And Amazon Optionality Will Support Future Share Recovery

Analysts have raised their price targets on Forward Air, increasing the average fair value estimate from about $18.33 to $28.00. They cite improved visibility on a key customer contract and the adoption of a longer term 2027 valuation framework in what they view as a supply-led freight market.

Recent updates

No updates

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