Forward Air Corp. (FWRD) stock: analyst price target and their real reliability
Live quote · data updated Aug 28, 2026
Forward Air Corp. · Industrials · ref. ETF XLI · 53 calls · price $17.7
What the company does: Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.
📈 Forward Air Corp. (FWRD) stock price
$17.7-41.8% over range
Aug 28, 25low $8.31 · high $30.41Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
100% recommend buying · 2 analysts
📊 JPI status : Forward Air Corp. has never appeared in a JPI ranking (Fair or Risk +) — our methods haven't picked it to date. See the selected stocks →
🎯 FWRD price target & analyst consensus — price $17.70
The price target · all analysts combined (2 targets)
Highest target · 1 firm of 2$29+63.8%
Median target · of 2 targets$28+58.2%
Lowest target · 1 firm of 2$27+52.5%
Current price$17.7
⭐ What the most reliable analysts say
· those who beat their sector, targets replayed on real prices
⭐ The most reliable of them, either direction: Stifel — 56% of its targets hit on this sector (244 calls tested). It aims for $27 (+53 %), call made on August 7, 2026, maturing on August 7, 2027 (21 d ago).
The 1 reliable analyst
$27+53 %
The 1 other firm
$29+64 %
How to read it: the 1 reliable firms are not filtered by optimism — 1 aim above the price, 0 below, hence their $27 median. “The 1 others” are the firms that don't pass our reliability filter on this sector.
The consensus · 2 ratings (last 6 months)
Strong Buy00%
Buy2100%
Hold00%
Sell00%
Strong Sell00%
Go deeper on the analysts
🎯 FWRD price target all
All 53 calls, one by one, with our verdict on each firm.
→ See all 53 targets, analyst by analyst💡 The best analysts on FWRD most reliable
Their real reliability on FWRD, firm by firm: who was right, who was wrong.
→ See their reliability on FWRDAll analysts (the consensus) · vs · the best (those who've been right)
💬 A question about Forward Air Corp.? The JPI assistant answers using our backtest data.
🔎 Detailed analyses
✅ Historical analyst reliability on FWRD
Hit rate measured on targets already matured (12 months), replayed against real prices. Click a header to sort.
| Firm ↕ | % right i ↕ | Gain vs sector i ↕ | Calls i ↕ |
|---|---|---|---|
| Wolfe Research ↗ | 100% | +56.2% | 2 |
| Raymond James ↗ | 60% | -3.2% | 15 |
| Baird ↗ | 50% | +6.6% | 4 |
| Stifel ↗ | 50% | -16.9% | 4 |
| Stephens & Co. ↗ | 17% | -48.1% | 6 |
| Deutsche Bank ↗ | 0% | -11.9% | 2 |
| B of A Securities ↗ | 0% | -15.5% | 3 |
| Jefferies ↗ | 0% | -41.8% | 2 |
| Susquehanna ↗ | 0% | -45.4% | 8 |
📊 What $1,000 invested in Forward Air Corp. would be worth › open the full page
In short — $1,000 invested in Forward Air Corp. 10 years ago would be worth $297 today, i.e. -11%/yr on average. Best year: 2021 (+58%), worst: 2024 (-49%). Price performance, excluding dividends.
If I'd invested $1,000 in Forward Air Corp.
| Investment | Worth today | Gain |
|---|---|---|
| 1 years ago | $397 | -60% |
| 3 years ago | $122 | -88% |
| 5 years ago | $166 | -83% |
Return by year (Forward Air Corp.)
| Year | Return | $1,000 invested at year start |
|---|---|---|
| 2026 (YTD) | -49% | $512 (-49%) |
| 2025 | -22% | $397 (-60%) |
| 2024 | -49% | $203 (-80%) |
⚠️ Past performance, not predictive nor advice. Prices in $, excluding dividends. Yahoo Finance data.
📰 Recent news on Forward Air Corp.
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📋 All analyst calls on FWRD
Filtered on — · ✕ show all
Susquehanna ↗
Aug 13, 26
▲ Positive · 🎯$29
Price at call : $20.2 — upside +44%
Today : $17.7 — upside +64%
🎯 on FWRD : 0% (8 calls matureds) · 📊 on Industry : 38.9% · -9.3% (72 calls)
in progress (365j)
matures : Aug 13, 27
matures : Aug 13, 27
▲ Buy · 🎯$27
Price at call : $19.35 — upside +40%
Today : $17.7 — upside +53%
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 40.6% · +0.8% (244 calls)
in progress (365j)
matures : Aug 6, 27
matures : Aug 6, 27
Susquehanna ↗
May 8, 26
▲ Positive · 🎯$18
Price at call : $9.87 — upside +82%
Today : $17.7 — upside +2%
🎯 on FWRD : 0% (8 calls matureds) · 📊 on Industry : 38.9% · -9.3% (72 calls)
in progress (365j)
matures : May 8, 27
matures : May 8, 27
▲ Buy · 🎯$30
Price at call : $20.87 — upside +44%
Today : $17.7 — upside +69%
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 40.6% · +0.8% (244 calls)
in progress (365j)
matures : Apr 16, 27
matures : Apr 16, 27
▲ Buy · 🎯$32
Price at call : $28.47 — upside +12%
Today : $17.7 — upside +81%
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 40.6% · +0.8% (244 calls)
in progress (365j)
matures : Jan 21, 27
matures : Jan 21, 27
Susquehanna ↗
Jan 5, 26
▲ Positive · 🎯$45
Price at call : $25.45 — upside +77%
Today : $17.7 — upside +154%
🎯 on FWRD : 0% (8 calls matureds) · 📊 on Industry : 38.9% · -9.3% (72 calls)
in progress (365j)
matures : Jan 5, 27
matures : Jan 5, 27
▲ Buy · 🎯$30
Price at call : $19.19 — upside +56%
Today : $17.7 — upside +69%
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 40.6% · +0.8% (244 calls)
in progress (365j)
matures : Oct 17, 26
matures : Oct 17, 26
Susquehanna ↗
Aug 12, 25
▲ Positive · 🎯$43
Price at call : $29.12 — upside +48%
Today : $17.7 — upside +143%
Expected +48% · Actual -33% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 0% (8 calls matureds) · 📊 on Industry : 38.9% · -9.3% (72 calls)
-33.1%
stock -33% · XLI +22%
matured Aug 12, 26
See the other 45 calls, newest to oldest
▲ Buy · 🎯$33
Price at call : $31.25 — upside +6%
Today : $17.7 — upside +86%
Expected +6% · Actual -51% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 40.6% · +0.8% (244 calls)
-51.2%
stock -51% · XLI +19%
matured Jul 24, 26
▲ Buy · 🎯$29
Price at call : $25.15 — upside +15%
Today : $17.7 — upside +64%
Expected +15% · Actual -43% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 40.6% · +0.8% (244 calls)
-42.6%
stock -43% · XLI +25%
matured Jun 26, 26
■ Hold neutral · not a buy · 🎯$22
Price at call : $13.52 — gap to target +63%
Today : $17.7 — gap to target +24%
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 40.6% · +0.8% (244 calls)
in progress (365j)
matures : Apr 10, 26
matures : Apr 10, 26
Susquehanna ↗
Mar 31, 25
▲ Positive · 🎯$32
Price at call : $20.09 — upside +59%
Today : $17.7 — upside +81%
Expected +59% · Actual -17% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 0% (8 calls matureds) · 📊 on Industry : 38.9% · -9.3% (72 calls)
-16.8%
stock -17% · XLI +23%
matured Mar 31, 26
■ Neutral neutral · not a buy · 🎯$28
Price at call : $23 — gap to target +22%
Today : $17.7 — gap to target +58%
🎯 on FWRD : 0% (1 call matured) · 📊 on Industry : 37.5% · -4.7% (136 calls)
in progress (365j)
matures : Feb 27, 26
matures : Feb 27, 26
■ Hold neutral · not a buy · 🎯$36
Price at call : $33.51 — gap to target +7%
Today : $17.7 — gap to target +103%
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 40.6% · +0.8% (244 calls)
in progress (365j)
matures : Jan 23, 26
matures : Jan 23, 26
■ Hold neutral · not a buy
🎯 on FWRD : no call matured yet · 📊 on Industry : 34.3% · -6.3% (102 calls)
in progress (365j)
matures : Jan 7, 26
matures : Jan 7, 26
■ Hold neutral · not a buy · 🎯$36
Price at call : $37.5 — gap to target -4%
Today : $17.7 — gap to target +103%
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 40.6% · +0.8% (244 calls)
in progress (365j)
matures : Oct 21, 25
matures : Oct 21, 25
■ Hold neutral · not a buy
🎯 on FWRD : no call matured yet · 📊 on Industry : 34.3% · -6.3% (102 calls)
in progress (365j)
matures : Aug 12, 25
matures : Aug 12, 25
■ Neutral neutral · not a buy · 🎯$24
Price at call : $26 — gap to target -8%
Today : $17.7 — gap to target +36%
🎯 on FWRD : 0% (1 call matured) · 📊 on Industry : 37.5% · -4.7% (136 calls)
in progress (365j)
matures : Aug 8, 25
matures : Aug 8, 25
■ Neutral neutral · not a buy · 🎯$17
Price at call : $19.45 — gap to target -13%
Today : $17.7 — gap to target -4%
🎯 on FWRD : 0% (1 call matured) · 📊 on Industry : 37.5% · -4.7% (136 calls)
in progress (365j)
matures : Jul 3, 25
matures : Jul 3, 25
Wolfe Research ↗
May 28, 24
■ Peer Perform neutral · not a buy
🎯 on FWRD : 100% (2 calls matureds) · 📊 on Industry : 41.4% · -0.4% (29 calls)
in progress (365j)
matures : May 28, 25
matures : May 28, 25
■ Neutral neutral · not a buy · 🎯$14
Price at call : $15.44 — gap to target -9%
Today : $17.7 — gap to target -21%
🎯 on FWRD : 0% (1 call matured) · 📊 on Industry : 37.5% · -4.7% (136 calls)
in progress (365j)
matures : May 10, 25
matures : May 10, 25
■ Hold neutral · not a buy
🎯 on FWRD : no call matured yet · 📊 on Industry : 34.3% · -6.3% (102 calls)
in progress (365j)
matures : Apr 24, 25
matures : Apr 24, 25
■ Hold neutral · not a buy
🎯 on FWRD : no call matured yet · 📊 on Industry : 34.3% · -6.3% (102 calls)
in progress (365j)
matures : Apr 18, 25
matures : Apr 18, 25
■ Hold neutral · not a buy
🎯 on FWRD : no call matured yet · 📊 on Industry : 34.3% · -6.3% (102 calls)
in progress (365j)
matures : Apr 3, 25
matures : Apr 3, 25
■ Neutral neutral · not a buy · 🎯$40
Price at call : $31.78 — gap to target +26%
Today : $17.7 — gap to target +126%
🎯 on FWRD : 0% (1 call matured) · 📊 on Industry : 37.5% · -4.7% (136 calls)
in progress (365j)
matures : Mar 1, 25
matures : Mar 1, 25
■ Hold neutral · not a buy · 🎯$55
Price at call : $49.66 — gap to target +11%
Today : $17.7 — gap to target +211%
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 40.6% · +0.8% (244 calls)
in progress (365j)
matures : Jan 21, 25
matures : Jan 21, 25
■ Hold neutral · not a buy · 🎯$80
Price at call : $56.48 — gap to target +42%
Today : $17.7 — gap to target +352%
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 40.6% · +0.8% (244 calls)
in progress (365j)
matures : Jan 9, 25
matures : Jan 9, 25
Wolfe Research ↗
Jan 10, 24
▼ Underperform · 🎯$50
Price at call : $57.82 — upside -14%
Today : $17.7 — upside +182%
Expected -14% · Actual -44% · Reason (≤ −15%) : ✓ Yes
🎯 on FWRD : 100% (2 calls matureds) · 📊 on Industry : 41.4% · -0.4% (29 calls)
+44.3%
stock -44% · XLI +17%
matured Jan 9, 25
Susquehanna ↗
Nov 1, 23
▲ Positive · 🎯$75
Price at call : $65.38 — upside +15%
Today : $17.7 — upside +324%
Expected +15% · Actual -48% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 0% (8 calls matureds) · 📊 on Industry : 38.9% · -9.3% (72 calls)
-47.6%
stock -48% · XLI +33%
matured Oct 31, 24
Susquehanna ↗
Oct 4, 23
▲ Positive · 🎯$80
Price at call : $70.58 — upside +13%
Today : $17.7 — upside +352%
Expected +13% · Actual -50% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 0% (8 calls matureds) · 📊 on Industry : 38.9% · -9.3% (72 calls)
-49.9%
stock -50% · XLI +36%
matured Oct 3, 24
▲ Buy · 🎯$85
Price at call : $73.77 — upside +15%
Today : $17.7 — upside +380%
Expected +15% · Actual -56% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 43.7% · +1.8% (71 calls)
-56.0%
stock -56% · XLI +19%
matured Aug 28, 24
■ Neutral neutral · not a buy · 🎯$80
Price at call : $67.44 — gap to target +19%
Today : $17.7 — gap to target +352%
🎯 on FWRD : 0% (1 call matured) · 📊 on Industry : 37.5% · -4.7% (136 calls)
in progress (365j)
matures : Aug 14, 24
matures : Aug 14, 24
Raymond James ↗
Aug 11, 23
■ Market Perform neutral · not a buy
🎯 on FWRD : 20% (5 calls matureds) · 📊 on Industry : 43.8% · -3.5% (160 calls)
in progress (365j)
matures : Aug 10, 24
matures : Aug 10, 24
Wolfe Research ↗
Aug 11, 23
▼ Underperform · 🎯$80
Price at call : $77.65 — upside +3%
Today : $17.7 — upside +352%
Expected +3% · Actual -68% · Reason (≤ −15%) : ✓ Yes
🎯 on FWRD : 100% (2 calls matureds) · 📊 on Industry : 41.4% · -0.4% (29 calls)
+68.1%
stock -68% · XLI +14%
matured Aug 10, 24
■ Hold neutral · not a buy · 🎯$103
Price at call : $77.65 — gap to target +33%
Today : $17.7 — gap to target +482%
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 40.6% · +0.8% (244 calls)
in progress (365j)
matures : Aug 10, 24
matures : Aug 10, 24
Stephens & Co. ↗
Aug 7, 23
▲ Overweight · 🎯$130
Price at call : $111.05 — upside +17%
Today : $17.7 — upside +634%
Expected +17% · Actual -81% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 17% (6 calls matureds) · 📊 on Industry : 41.5% · -2.8% (82 calls)
-80.8%
stock -81% · XLI +11%
matured Aug 6, 24
Raymond James ↗
Aug 7, 23
▲ Strong Buy · 🎯$126
Price at call : $111.05 — upside +13%
Today : $17.7 — upside +612%
Expected +13% · Actual -81% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 20% (5 calls matureds) · 📊 on Industry : 43.8% · -3.5% (160 calls)
-80.8%
stock -81% · XLI +11%
matured Aug 6, 24
▲ Outperform · 🎯$130
Price at call : $117.84 — upside +10%
Today : $17.7 — upside +634%
Expected +10% · Actual -79% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 0% (1 call matured) · 📊 on Industry : 37.5% · -4.7% (136 calls)
-79.2%
stock -79% · XLI +15%
matured Jul 18, 24
Raymond James ↗
Jul 7, 23
▲ Strong Buy · 🎯$120
Price at call : $105.72 — upside +14%
Today : $17.7 — upside +578%
Expected +14% · Actual -82% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 20% (5 calls matureds) · 📊 on Industry : 43.8% · -3.5% (160 calls)
-81.7%
stock -82% · XLI +14%
matured Jul 6, 24
Susquehanna ↗
Jun 16, 23
▲ Positive · 🎯$124
Price at call : $102.78 — upside +21%
Today : $17.7 — upside +601%
Expected +21% · Actual -79% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 0% (8 calls matureds) · 📊 on Industry : 38.9% · -9.3% (72 calls)
-79.1%
stock -79% · XLI +18%
matured Jun 15, 24
Raymond James ↗
May 3, 23
▲ Strong Buy · 🎯$115
Price at call : $98.68 — upside +17%
Today : $17.7 — upside +550%
Expected +17% · Actual -79% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 20% (5 calls matureds) · 📊 on Industry : 43.8% · -3.5% (160 calls)
-78.6%
stock -79% · XLI +23%
matured May 2, 24
Stephens & Co. ↗
May 2, 23
▲ Overweight · 🎯$125
Price at call : $98.62 — upside +27%
Today : $17.7 — upside +606%
Expected +27% · Actual -79% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 17% (6 calls matureds) · 📊 on Industry : 41.5% · -2.8% (82 calls)
-78.7%
stock -79% · XLI +22%
matured May 1, 24
Susquehanna ↗
Apr 10, 23
▲ Positive · 🎯$138
Price at call : $108.83 — upside +27%
Today : $17.7 — upside +680%
Expected +27% · Actual -74% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 0% (8 calls matureds) · 📊 on Industry : 38.9% · -9.3% (72 calls)
-73.8%
stock -74% · XLI +25%
matured Apr 9, 24
Stephens & Co. ↗
Mar 8, 23
▲ Overweight · 🎯$125
Price at call : $107.74 — upside +16%
Today : $17.7 — upside +606%
Expected +16% · Actual -71% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 17% (6 calls matureds) · 📊 on Industry : 41.5% · -2.8% (82 calls)
-71.0%
stock -71% · XLI +20%
matured Mar 7, 24
Susquehanna ↗
Feb 10, 23
▲ Positive · 🎯$120
Price at call : $100.7 — upside +19%
Today : $17.7 — upside +578%
Expected +19% · Actual -57% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 0% (8 calls matureds) · 📊 on Industry : 38.9% · -9.3% (72 calls)
-57.5%
stock -57% · XLI +15%
matured Feb 10, 24
Stephens & Co. ↗
Feb 9, 23
▲ Overweight · 🎯$125
Price at call : $97.81 — upside +28%
Today : $17.7 — upside +606%
Expected +28% · Actual -58% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 17% (6 calls matureds) · 📊 on Industry : 41.5% · -2.8% (82 calls)
-57.6%
stock -58% · XLI +15%
matured Feb 9, 24
■ Hold neutral · not a buy · 🎯$110
Price at call : $101.52 — gap to target +8%
Today : $17.7 — gap to target +521%
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 43.7% · +1.8% (71 calls)
in progress (365j)
matures : Jan 4, 24
matures : Jan 4, 24
▲ Buy · 🎯$120
Price at call : $100.9 — upside +19%
Today : $17.7 — upside +578%
Expected +19% · Actual -28% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 0% (2 calls matureds) · 📊 on Industry : 43.7% · +1.8% (71 calls)
-27.7%
stock -28% · XLI +7%
matured Oct 25, 23
Raymond James ↗
Oct 14, 22
▲ Strong Buy · 🎯$135
Price at call : $97.39 — upside +39%
Today : $17.7 — upside +663%
Expected +39% · Actual -24% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 20% (5 calls matureds) · 📊 on Industry : 43.8% · -3.5% (160 calls)
-23.7%
stock -24% · XLI +21%
matured Oct 14, 23
Raymond James ↗
Jul 29, 22
▲ Strong Buy · 🎯$140
Price at call : $104.93 — upside +33%
Today : $17.7 — upside +691%
Expected +33% · Actual +13% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 20% (5 calls matureds) · 📊 on Industry : 43.8% · -3.5% (160 calls)
+13.3%
stock +13% · XLI +15%
matured Jul 29, 23
Stephens & Co. ↗
Jan 4, 22
▲ Overweight
Actual -19% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 17% (6 calls matureds) · 📊 on Industry : 41.5% · -2.8% (82 calls)
-18.5%
stock -19% · XLI -7%
matured Jan 4, 23
Susquehanna ↗
Dec 9, 21
▲ Positive · 🎯$132
Price at call : $112.72 — upside +17%
Today : $17.7 — upside +646%
Expected +17% · Actual -6% · Reason (≥ +15%) : ✗ No
🎯 on FWRD : 0% (8 calls matureds) · 📊 on Industry : 38.9% · -9.3% (72 calls)
-5.8%
stock -6% · XLI -6%
matured Dec 9, 22
Stephens & Co. ↗
Feb 13, 14
▲ Overweight · 🎯$55
Price at call : $45.23 — upside +22%
Today : $17.7 — upside +211%
Expected +22% · Actual +18% · Reason (≥ +15%) : ✓ Yes
🎯 on FWRD : 17% (6 calls matureds) · 📊 on Industry : 41.5% · -2.8% (82 calls)
+17.8%
stock +18% · XLI +11%
matured Feb 13, 15
Frequently asked questions
Should I buy Forward Air Corp. stock?
This isn't buy advice. For Forward Air Corp., the analyst consensus is "Buy", with an average price target of $28.00 (+58% vs the current price). What matters is their past reliability on this stock: the most reliable one is right 100% of the time (2 calls tracked on Forward Air Corp.). We show the numbers — you decide.
Is it too late to buy Forward Air Corp.? How high can it go?
The most bullish analyst target on Forward Air Corp. is $29.00 (+64% above today's price); the average is $28.00. That's the upside they see. Check how reliable those analysts have actually been on Forward Air Corp. on our site before trusting it.
Is Forward Air Corp. still a good buy?
The most useful "opinion" isn't an opinion — it's a track record: 9 analysts have a real record on Forward Air Corp., the best hitting 100% over 2 calls. Current consensus: "Buy". Make your call on data, not noise.
Will Forward Air Corp. stock recover (go back up)?
It's down from its high. We answer with the numbers — the analysts' 12-month target and what happened after its past drops: will FWRD stock recover (go back up)?
What has Forward Air Corp.'s past performance been?
Historical returns and a "how much if I had invested" calculator: FWRD performance & returns.
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