Forward/$FWRD

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

About Forward

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.

Ticker

$FWRD
Primary listing

Industry

Air Freight & Logistics

Employees

6,453

ISIN

US3498531017

Forward Metrics

BasicAdvanced
$738M
-
-$28.13
1.24
-

What the Analysts think about Forward

Analyst ratings (Buy, Hold, Sell) for Forward stock.

Bulls say / Bears say

Forward Air's strategic acquisition of Omni Logistics is expected to create long-term shareholder value by positioning the company as a premier provider for mission-critical freight transportation. (finance.yahoo.com)
The company is on track to achieve $75 million in annualized run-rate savings by the end of Q1 2025, including approximately $20 million from recent headcount reductions, enhancing profitability. (investing.com)
Jefferies raised Forward Air's price target from $30.00 to $47.00, maintaining a Buy rating, citing the company's consideration of a sale and engagement with investment banks to facilitate the process. (investing.com)
Forward Air reported a net loss of $14.7 million in Q4 2023, a significant decline from the prior year's net income of $39 million, indicating financial struggles. (finance.yahoo.com)
Wolfe Research downgraded Forward Air to a Sell rating with a $50.00 price target, citing financial performance issues and risks associated with the Omni Logistics acquisition. (markets.businessinsider.com)
The company's Expedited Freight segment underperformed due to pricing and mix challenges, contributing to a net loss of $34.2 million in Q3 2024, compared to a profit of $6.5 million in the same quarter the previous year. (stocktitan.net)
Data summarised monthly by Lightyear AI. Last updated on 6 Jun 2025.

Forward Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Forward Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $FWRD

Sign up or log in to buy
Capital at risk
Market closed

Upcoming events

No upcoming events
FAQs