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NASDAQ: FWRD
Forward Air Corp Stock Forecast, Predictions & Price Target

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Analyst price target for FWRD

Based on 4 analysts offering 12 month price targets for Forward Air Corp.
Min Forecast
$125.00+28.87%
Avg Forecast
$133.25+37.37%
Max Forecast
$140.00+44.33%

Should I buy or sell FWRD stock?

Based on 7 analysts offering ratings for Forward Air Corp.
Buy
Strong Buy
4 analysts 57.14%
Buy
0 analysts 0%
Hold
3 analysts 42.86%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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FWRD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Raymond James
Top 6%
95
Strong BuyMaintains$140.00+44.33%2022-07-29
Benchmark
Bottom 44%
44
HoldInitiates Coverage OnN/AN/A2022-07-20
Stifel Nicolaus
Bottom 5%
5
Strong BuyUpgrades$136.00+40.21%2022-04-29
Wolfe Research
Bottom 14%
14
HoldDowngradesN/AN/A2022-01-06
Baird
Top 15%
86
HoldDowngrades$125.00+28.87%2022-01-05
Stephens & Co.
Top 5%
96
Strong BuyUpgradesN/AN/A2022-01-04Find out why
Susquehanna
Bottom 15%
15
Strong BuyInitiates Coverage On$132.00+36.08%2021-12-09

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Forecast return on equity

Is FWRD forecast to generate an efficient return?
Company
29.22%
Industry
49.98%
Market
100.32%
FWRD's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is FWRD forecast to generate an efficient return on assets?
Company
16.22%
Industry
13.62%
FWRD is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

FWRD earnings per share forecast

What is FWRD's earnings per share in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$7.09+18.76%
Avg 2 year Forecast
$7.23+21.11%
FWRD's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

FWRD revenue forecast

What is FWRD's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$2.0B+6.44%
Avg 2 year Forecast
$2.0B+8.75%
FWRD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FWRD earnings growth forecast

How is FWRD forecast to perform vs Integrated Freight & Logistics companies and vs the US market?
Company
18.76%
Industry
12.42%
Market
52.44%
FWRD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
FWRD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
FWRD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

FWRD revenue growth forecast

How is FWRD forecast to perform vs Integrated Freight & Logistics companies and vs the US market?
Company
6.44%
Industry
2.39%
Market
15.15%
FWRD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
FWRD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

FWRD vs Logistic Stocks

TickerPricePrice TargetUp/downsideConsensus
FWRD$97.00$133.25+37.37%Buy
HUBG$71.24$90.90+27.60%Buy
ATSG$27.03$40.00+47.98%Strong Buy
CYRX$27.20$64.80+138.24%Strong Buy
RLGT$5.99$10.50+75.29%Strong Buy
View Top Logistic Stocks

Forward Air Stock Forecast FAQ

Is Forward Air Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: FWRD) stock is to Buy FWRD stock.

Out of 7 analysts, 4 (57.14%) are recommending FWRD as a Strong Buy, 0 (0%) are recommending FWRD as a Buy, 3 (42.86%) are recommending FWRD as a Hold, 0 (0%) are recommending FWRD as a Sell, and 0 (0%) are recommending FWRD as a Strong Sell.

If you're new to stock investing, here's how to buy Forward Air stock.

What is FWRD's earnings growth forecast for 2022-2023?

(NASDAQ: FWRD) Forward Air's forecast annual earnings growth rate of 18.76% is forecast to beat the US Integrated Freight & Logistics industry's average forecast earnings growth rate of 12.42%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 52.44%.

Forward Air's earnings in 2022 is $162,117,000.On average, 4 Wall Street analysts forecast FWRD's earnings for 2022 to be $190,374,044, with the lowest FWRD earnings forecast at $171,846,810, and the highest FWRD earnings forecast at $201,382,980.

In 2023, FWRD is forecast to generate $194,133,193 in earnings, with the lowest earnings forecast at $182,587,235 and the highest earnings forecast at $208,095,746.

What is FWRD's revenue growth forecast for 2022-2023?

(NASDAQ: FWRD) Forward Air's forecast annual revenue growth rate of 6.44% is forecast to beat the US Integrated Freight & Logistics industry's average forecast revenue growth rate of 2.39%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 15.15%.

Forward Air's revenue in 2022 is $1,861,734,000.On average, 3 Wall Street analysts forecast FWRD's revenue for 2022 to be $53,210,753,529, with the lowest FWRD revenue forecast at $52,684,472,674, and the highest FWRD revenue forecast at $53,739,719,490.

In 2023, FWRD is forecast to generate $54,363,550,260 in revenue, with the lowest revenue forecast at $52,810,672,675 and the highest revenue forecast at $56,255,664,186.

What is FWRD's forecast return on assets (ROA) for 2022-2023?

(NASDAQ: FWRD) forecast ROA is 16.22%, which is higher than the forecast US Integrated Freight & Logistics industry average of 13.62%.

What is FWRD's Price Target?

According to 4 Wall Street analysts that have issued a 1 year FWRD price target, the average FWRD price target is $133.25, with the highest FWRD stock price forecast at $140.00 and the lowest FWRD stock price forecast at $125.00.

On average, Wall Street analysts predict that Forward Air's share price could reach $133.25 by Jul 29, 2023. The average Forward Air stock price prediction forecasts a potential upside of 37.37% from the current FWRD share price of $97.00.

What is FWRD's Earnings Per Share (EPS) forecast for 2022-2023?

(NASDAQ: FWRD) Forward Air's current Earnings Per Share (EPS) is $5.97. On average, analysts forecast that FWRD's EPS will be $7.09 for 2022, with the lowest EPS forecast at $6.40, and the highest EPS forecast at $7.50. In 2023, FWRD's EPS is forecast to hit $7.23 (min: $6.80, max: $7.75).

What is FWRD's forecast return on equity (ROE) for 2022-2023?

(NASDAQ: FWRD) forecast ROE is 29.22%, which is considered strong.
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