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Forward Air (FWRD) Stock Forecast & Price Target

Forward Air logo
$28.93 -1.94 (-6.28%)
(As of 12/20/2024 05:31 PM ET)

Forward Air - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
4
Buy
1

Based on 5 Wall Street analysts who have issued ratings for Forward Air in the last 12 months, the stock has a consensus rating of "Hold." Out of the 5 analysts, 4 have given a hold rating, and 1 has given a buy rating for FWRD.

Consensus Price Target

$39.25
35.67% Upside
According to the 5 analysts' twelve-month price targets for Forward Air, the average price target is $39.25. The highest price target for FWRD is $50.00, while the lowest price target for FWRD is $24.00. The average price target represents a forecasted upside of 35.67% from the current price of $28.93.
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FWRD Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$39.25$39.25$51.00$94.57
Forecasted Upside35.67% Upside9.39% Upside39.19% Upside44.14% Upside
Consensus Rating
Hold
Hold
Hold
Hold

FWRD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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FWRD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Forward Air Stock vs. The Competition

TypeForward AirTransportation CompaniesS&P 500
Consensus Rating Score
2.20
2.61
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside35.67% Upside43.89% Upside14.53% Upside
News Sentiment Rating
Neutral News

See Recent FWRD News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/21/2024Stifel Nicolaus
4 of 5 stars
 Boost TargetHold ➝ Hold$31.00 ➝ $36.00-10.09%
10/18/2024Jefferies Financial Group
2 of 5 stars
Stephanie Moore
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Set TargetBuy ➝ Buy$47.00+18.06%
8/12/2024Benchmark
2 of 5 stars
 Reiterated RatingHold
8/8/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$17.00 ➝ $24.00-11.08%
5/28/2024Wolfe Research
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 UpgradeUnderperform ➝ Peer Perform
11/1/2023Susquehanna
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 Lower TargetPositive ➝ Positive$84.00 ➝ $75.00+19.07%
8/11/2023Raymond James
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 DowngradeStrong-Buy ➝ Market Perform
8/7/2023Stephens
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 Reiterated RatingOverweight ➝ Overweight$130.00+17.83%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 10:20 AM ET.


FWRD Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Forward Air is $39.25, with a high forecast of $50.00 and a low forecast of $24.00.

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Forward Air in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" FWRD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FWRD, but not buy additional shares or sell existing shares.

According to analysts, Forward Air's stock has a predicted upside of 35.67% based on their 12-month stock forecasts.

Forward Air has been rated by research analysts at Jefferies Financial Group, and Stifel Nicolaus in the past 90 days.

Analysts like Forward Air less than other "transportation" companies. The consensus rating for Forward Air is Hold while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how FWRD compares to other companies.


This page (NASDAQ:FWRD) was last updated on 12/22/2024 by MarketBeat.com Staff
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