Forward Air Corporation logo

Forward Air Corporation

FWRD

NASDAQIndustrialsIntegrated Freight & Logistics

Latest quote

$18.10

+$0.32 · +1.80%

Aug 21, 3:55 PM ET

FWRD company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

6

Overpriced

Momentum

29

Weakening

Sentiment

64

Bullish

Risk resilience

31

High Risk

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Company profile

Company website

Forward Air Corporation, including its various subsidiaries, functions as a streamlined transportation and logistics enterprise throughout the United States and Canada, operating with an asset-light model. The company's business is structured into two principal divisions: Expedited Freight and Intermodal. The Expedited Freight segment delivers time-sensitive regional, inter-regional, and national less-than-truckload (LTL) services, complemented by local collection and delivery capabilities. This comprehensive segment also extends to final-mile services, full truckload transport, cargo consolidation and deconsolidation, storage solutions, customs brokerage, and general freight handling. Furthermore, it encompasses expedited truckload brokerage, dedicated fleet operations, and specialized logistics for high-security or temperature-sensitive goods. The Intermodal segment primarily focuses on drayage services for intermodal containers. It also provides contract warehousing as well as container freight station (CFS) warehousing and related handling services. Forward Air caters to a diverse customer base, which includes freight forwarders, third-party logistics (3PL) providers, integrated air cargo companies, both passenger and cargo airlines, ocean carriers, and retailers. Founded in 1981, Forward Air Corporation is based in Greeneville, Tennessee.

Industry
Integrated Freight & Logistics
Sector
Industrials
Headquarters
US
CEO
Shawn Stewart
Listed since
Nov 16, 1993
Employees
6,062

Market position

Volume
394.42K
0.34× average
Average volume
1.17M
Average daily volume
Market cap
572.73M USD
Beta
1.36
Market reference 1

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score
0.49
Piotroski F-score
5 of 9

Earnings

Latest fiscal-year EPS
-3.48
FY2025
Latest fiscal-year revenue
2.5B USD
FY2025 · +0.84% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend10.82-3.9-18.62-33.34FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend2.61B2.16B1.71B1.26BFY21FY22FY23FY24FY25

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$24.00

32.52% upside
Past 12 months12-month forecast

Price history unavailable

High $29.00Average $24.00Low $19.00

Recent analyst actions

6 institutions
BenchmarkmaintainHold
JefferiesupgradeHoldBuy

FWRD news

Corporate actions

Corporate action history

Stock split

Effective Apr 4, 2005

3:2

Stock split

Effective Jan 31, 2000

3:2

Stock split

Effective Mar 22, 1999

2:1

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