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

Analyst price target for FWRD

Based on 4 analysts offering 12 month price targets for Forward Air Corp.
Min Forecast
$50.00+26.04%
Avg Forecast
$66.25+67%
Max Forecast
$85.00+114.27%

Should I buy or sell FWRD stock?

Based on 4 analysts offering ratings for Forward Air Corp.
Buy
Strong Buy
2 analysts 50%
Buy
0 analysts 0%
Hold
1 analysts 25%
Sell
1 analysts 25%
Strong Sell
0 analysts 0%

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FWRD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-01-22
lockedlocked$00.00+00.00%2024-01-10
lockedlocked$00.00+00.00%2023-11-01
lockedlocked$00.00+00.00%2023-08-29

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Forecast return on equity

Is FWRD forecast to generate an efficient return?

Forecast return on assets

Is FWRD forecast to generate an efficient return on assets?

FWRD revenue forecast

What is FWRD's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$1.5B-11.71%
Avg 2 year Forecast
$1.6B-5.52%
FWRD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

FWRD revenue growth forecast

How is FWRD forecast to perform vs Integrated Freight & Logistics companies and vs the US market?
Company
-11.71%
Industry
1.63%
Market
46.14%
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$39.67$66.25+67.00%Buy
CYRX$16.10$19.00+18.01%Buy
PBI$3.82N/AN/A
RLGT$5.79N/AN/A
SFWL$1.80N/AN/A

Forward Air Stock Forecast FAQ

Is Forward Air Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: FWRD) stock is to Buy FWRD stock.

Out of 4 analysts, 2 (50%) are recommending FWRD as a Strong Buy, 0 (0%) are recommending FWRD as a Buy, 1 (25%) are recommending FWRD as a Hold, 1 (25%) 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 revenue growth forecast for 2024-2025?

(NASDAQ: FWRD) Forward Air's forecast annual revenue growth rate of -11.71% is not forecast to beat the US Integrated Freight & Logistics industry's average forecast revenue growth rate of 1.63%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 46.14%.

Forward Air's revenue in 2024 is $1,723,895,000.On average, 3 Wall Street analysts forecast FWRD's revenue for 2024 to be $39,058,506,734, with the lowest FWRD revenue forecast at $36,073,161,959, and the highest FWRD revenue forecast at $44,767,468,904.

In 2025, FWRD is forecast to generate $41,797,495,704 in revenue, with the lowest revenue forecast at $38,254,437,314 and the highest revenue forecast at $47,361,903,473.

What is FWRD's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: FWRD) forecast ROA is N/A, which is lower than the forecast US Integrated Freight & Logistics industry average of 2.19%.

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 $66.25, with the highest FWRD stock price forecast at $85.00 and the lowest FWRD stock price forecast at $50.00.

On average, Wall Street analysts predict that Forward Air's share price could reach $66.25 by Jan 22, 2025. The average Forward Air stock price prediction forecasts a potential upside of 67% from the current FWRD share price of $39.67.

What is FWRD's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: FWRD) forecast ROE is N/A, which is considered weak.
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