Forward Air Corporation (FWRD) — Analyst outlook / Analyst consensus target is. Based on 21 analyst ratings, the consensus is bullish — 7 Buy, 11 Hold, 3 Sell.
The consensus price target is $37.00 (low: $32.00, high: $42.00), representing an upside of 94.3% from the current price $19.04.
Analysts estimate Earnings Per Share (EPS) of $-0.72 and revenue of $2.51B for the next fiscal year.
Earnings Per Share (EPS) track record: 2024: actual $-29.24 vs est $-0.72 (missed -3989.5%). 2025: actual $-3.48 vs est $-1.01 (missed -245.9%). Analyst accuracy: 16%.
FWRD Stock — 12-Month Price Forecast
$37.00
▲ +94.33% Upside
Average Price Target
Based on 21 Wall Street analysts offering 12-month price targets for Forward Air Corporation, the average price target is $37.00, with a high forecast of $42.00, and a low forecast of $32.00.
The average price target represents a +94.33% change from the last price of $19.04.
Highest Price Target
$42.00
Average Price Target
$37.00
Lowest Price Target
$32.00
FWRD Analyst Ratings
Hold
Based on 21 analysts giving stock ratings to Forward Air Corporation in the past 3 months
EPS Estimates — FWRD
16%
Analyst Accuracy
Inaccurate
2 years compared
Actual vs Estimate
2024
Actual –$29.24
vs Est –$0.72
▼ 97.6% off
2025
Actual –$3.48
vs Est –$1.01
▼ 71.1% off
Profitability Outlook
Company has been making losses in all recent fiscal years. EPS is improving but still negative. Analysts expect losses to continue near-term.
Revenue Estimates — FWRD
99%
Analyst Accuracy
Accurate
2 years compared
Actual vs Estimate
2024
Actual $2.474B
vs Est $2.509B
▼ 1.4% off
2025
Actual $2.495B
vs Est $2.493B
▲ 0.1% off
Revenue Trend
Revenue has been relatively flat. Analysts expect stable revenue going forward.
