# Forward Air (FWRD) — Analyst Forecast

FWRD · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/fwrd/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Hold | 2 | 3 | 0 | 5 |

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 8, 2026 | Stifel | Maintained | Buy | $24.00 |
| Oct 2, 2026 | Susquehanna | Maintained | Positive | $25.00 |
| Aug 13, 2026 | Susquehanna | Maintained | Positive | $29.00 |
| Aug 6, 2026 | Stifel | Maintained | Buy | $27.00 |
| May 8, 2026 | Susquehanna | Maintained | Positive | $18.00 |
| Apr 16, 2026 | Stifel | Maintained | Buy | $30.00 |
| Jan 21, 2026 | Stifel | Maintained | Buy | $32.00 |
| Jan 5, 2026 | Susquehanna | Maintained | Positive | $45.00 |
| Oct 17, 2025 | Stifel | Maintained | Buy | $30.00 |
| Aug 12, 2025 | Susquehanna | Maintained | Positive | $43.00 |
| Jul 24, 2025 | Stifel | Maintained | Buy | $33.00 |
| Jun 26, 2025 | Stifel | Upgraded | Hold → Buy | $29.00 |
| Apr 10, 2025 | Stifel | Maintained | Hold | $22.00 |
| Mar 31, 2025 | Susquehanna | Maintained | Positive | $32.00 |
| Feb 27, 2025 | Baird | Maintained | Neutral | $28.00 |
| Jan 23, 2025 | Stifel | Maintained | Hold | $36.00 |
| Jan 7, 2025 | Benchmark | Maintained | Hold | — |
| Oct 21, 2024 | Stifel | Maintained | Hold | $36.00 |
| Aug 12, 2024 | Benchmark | Maintained | Hold | — |
| Aug 8, 2024 | Baird | Maintained | Neutral | $24.00 |

## Frequently Asked Questions

### Is FWRD a buy, sell, or hold?

Analysts covering Forward Air currently average a Hold rating: 2 buy, 3 hold and 0 sell, from 5 analysts. Ratings reflect analyst opinion, not investment advice.

### What is the latest analyst rating on FWRD?

On Oct 8, 2026, Stifel maintained Forward Air at Buy with a price target of $24.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).