Forward Air Corporation (FWRD) Stock Forecast
FWRD analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 3.80 / 5 from 5 analysts
- Price target
- $24.50 average of analyst targets
- Upside to target
- +62.9% from the latest close
- Next earnings
- November 4, 2026 EPS estimate $0.20
- 52-week range
- $8.31 – $30.23
FWRD analyst ratings
5 analystsNumber of analysts at each rating.
FWRD price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
FWRD earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.13 | $0.12 | $0.14 | $0.07 | +78.6% | 2 |
| Current fiscal year (2026) | −$1.01 | −$2.02 | $0.00 | −$0.63 | −61.3% | 2 |
| Next fiscal year (2027) | $0.43 | $0.33 | $0.53 | −$1.01 | +142.6% | 2 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
FWRD revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $673.4M | $646.8M | $688.4M | +6.6% | 4 |
| Current fiscal year (2026) | $2.58B | $2.49B | $2.63B | +3.6% | 4 |
| Next fiscal year (2027) | $2.60B | $2.36B | $2.69B | +0.5% | 4 |
FWRD EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
FWRD revenue: reported and forecast
FWRD EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | −$0.10 | $0.14 | $0.10 | $0.10 | $0.13 | −225.0% | 3 up · 0 down |
| Current fiscal year (2026) | −$0.83 | −$2.02 | −$1.13 | −$1.13 | −$1.01 | +21.9% | 1 up · 2 down |
| Next fiscal year (2027) | −$0.25 | −$0.01 | $0.43 | $0.43 | $0.43 | −269.8% | 2 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
FWRD earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; FWRD beat in 4 of 12.
What analysts expect from FWRD
5 analysts cover Forward Air; their consensus rating is buy (3.80 on a 1–5 scale, where 5 is a strong buy). The average price target is $24.50, 62.9% above the latest close of $15.04. Analysts expect earnings of −$1.01 per share for 2026, −61.3% from a year earlier. For 2027 the average estimate is $0.43 per share on revenue of $2.6 billion. Forward Air beat the EPS estimate in 4 of the last 12 quarters.
Related: FWRD income statement, FWRD key metrics, FWRD chart. See the FWRD stock overview for the latest quote and news.
FWRD forecast FAQ
What is Forward Air's price target?
The average analyst price target for Forward Air is $24.50, 62.9% above the latest close of $15.04.
Is Forward Air a buy, hold or sell?
Of 5 analysts covering Forward Air, 2 rate it a strong buy, 0 a buy, 3 a hold, 0 a sell and 0 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Forward Air's EPS forecast?
Analysts forecast −$1.01 per share for 2026 (range −$2.02 to $0.00); for 2027 the estimate is $0.43.
What is Forward Air's revenue forecast?
The average revenue estimate for 2026 is $2.6 billion, growth of 3.6%; for 2027 it is $2.6 billion.
When does Forward Air report earnings?
Forward Air is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes; the EPS estimate is $0.20.
Does Forward Air usually beat earnings estimates?
Forward Air reported EPS at or above the analyst estimate in 4 of the last 12 quarters.