FWRD icon

Forward Air

29.93 USD
+0.15
0.50%
Updated Aug 26, 12:55 PM EDT
1 day
0.50%
5 days
5.50%
1 month
-7.25%
3 months
74.82%
6 months
16.23%
Year to date
-6.06%
1 year
-9.28%
5 years
-48.52%
10 years
-33.47%
 

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

0
Funds holding %
of 7,431 funds
Analysts bullish %

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

Low target
$33
10%
upside
Avg. target
$38
27%
upside
High target
$43
44%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
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

Positive
Seeking Alpha
1 day ago
Forward Air: A Special Situation To Consider
Forward Air's stock has tripled since April, as the logistics company makes progress selling itself to a private equity firm. Despite the recent run-up, there may be further upside ahead, given how much potential buyers could end up paying for the company. A bid of between $35 and $41.50 per share may be well within the realm of possibility.
Forward Air: A Special Situation To Consider
Neutral
Business Wire
5 days ago
Omni Logistics Delivers Speed, Accuracy, and Cost Control for High-Volume Auto Replenishment
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“we,” “us,” “our,” the “Company” or “Forward Air”) announced today that it is executing a nationwide automotive replenishment as a single end-to-end logistics partner via Omni Logistics (a Forward Air company). To execute the replenishment, a renowned global automaker sought a provider capable of picking up new parts from the manufacturing facility, storing the parts in a warehouse, and handling delivery to dealerships.
Omni Logistics Delivers Speed, Accuracy, and Cost Control for High-Volume Auto Replenishment
Neutral
Seeking Alpha
2 weeks ago
Forward Air Corporation (FWRD) Q2 2025 Earnings Call Transcript
Forward Air Corporation (NASDAQ:FWRD ) Q2 2025 Earnings Conference Call August 11, 2025 4:30 PM ET Company Participants Jamie G. Pierson - Chief Financial Officer Shawn Stewart - President, CEO & Director Tony Carreno - Corporate Participant Conference Call Participants Bascome Majors - Susquehanna Financial Group, LLLP, Research Division Christopher Glen Kuhn - The Benchmark Company, LLC, Research Division Matthew Jarrod Milask - Stifel, Nicolaus & Company, Incorporated, Research Division Scott H.
Forward Air Corporation (FWRD) Q2 2025 Earnings Call Transcript
Neutral
Zacks Investment Research
2 weeks ago
Forward Air (FWRD) Reports Q2 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Forward Air (FWRD) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Forward Air (FWRD) Reports Q2 Earnings: What Key Metrics Have to Say
Negative
Zacks Investment Research
2 weeks ago
Forward Air (FWRD) Reports Q2 Loss, Misses Revenue Estimates
Forward Air (FWRD) came out with a quarterly loss of $0.41 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to a loss of $23.29 per share a year ago.
Forward Air (FWRD) Reports Q2 Loss, Misses Revenue Estimates
Neutral
Business Wire
2 weeks ago
Forward Air Corporation Reports Second Quarter 2025 Results
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three months ended June 30, 2025, as presented in the tables below. “We posted yet another solid quarter; even in this challenging environment, our team continues to deliver,” said Shawn Stewart, Chief Executive Officer. “Operationally, we remained focused on the customer and executed well in our linehaul and terminal operations. By tightly ma.
Forward Air Corporation Reports Second Quarter 2025 Results
Neutral
Zacks Investment Research
2 weeks ago
Unlocking Q2 Potential of Forward Air (FWRD): Exploring Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Forward Air (FWRD) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Unlocking Q2 Potential of Forward Air (FWRD): Exploring Wall Street Estimates for Key Metrics
Neutral
Business Wire
3 weeks ago
Forward Air and Omni Logistics Combine Service Offerings to Deliver Value for Global Athletics Leader
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“we,” “us,” “our,” the “Company” or “Forward Air”) announced today that it has secured a distribution services award and new full truckload business from a global athletics leader, showcasing the combined strength of its service offerings in combination with Omni Logistics (a Forward Air company). As part of the new agreement, Omni Logistics will provide distribution services for the customer, supporting 18 different r.
Forward Air and Omni Logistics Combine Service Offerings to Deliver Value for Global Athletics Leader
Neutral
Business Wire
1 month ago
Forward Air Announces Expanded Partnership With Leader in Package Delivery Services
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“we,” “us,” “our,” the “Company” or “Forward Air”) announced today that it has secured a substantial award from a leader in the package delivery services industry. As part of the new award, Forward Air expects to transport more than 15,000 expedited full truckload shipments across its customer's national network on an annual basis. This award is expected to increase revenue substantially on a year-over-year basis with.
Forward Air Announces Expanded Partnership With Leader in Package Delivery Services
Positive
Zacks Investment Research
1 month ago
Forward Air (FWRD) Soars 9.5%: Is Further Upside Left in the Stock?
Forward Air (FWRD) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Forward Air (FWRD) Soars 9.5%: Is Further Upside Left in the Stock?
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