Forward AirFWRD
About: Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight, Omni Logistics, and Intermodal and Corporate. The company generates maximum revenue from the Omni Logistics segment. The expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional, and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. The Company conducts business in the United States, Canada, and Mexico.
Employees: 6,586
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
19% more capital invested
Capital invested by funds: $672M [Q1] → $801M (+$129M) [Q2]
17% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 7 (+1) [Q2]
2% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 54
2.64% less ownership
Funds ownership: 109.84% [Q1] → 107.21% (-2.64%) [Q2]
9% less funds holding
Funds holding: 193 [Q1] → 176 (-17) [Q2]
23% less call options, than puts
Call options by funds: $7.66M | Put options by funds: $9.92M
25% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 51
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Susquehanna Bascome Majors | 44%upside $43 | Positive Maintained | 12 Aug 2025 |
Stifel J. Bruce Chan | 10%upside $33 | Buy Maintained | 24 Jul 2025 |
Financial journalist opinion
Based on 8 articles about FWRD published over the past 30 days









