FWRD Forward Air Corporation
USIndustrialsAs of 2026-07-10 16:00
Why FWRD matters now
Forward Air Corporation (FWRD) is a US stock in Industrials. The latest InvestLog snapshot shows $13.38 with +3.72% on the session and $423.1M in market capitalization; recent performance reads 1-month +63.90% and YTD -45.52%.
The latest financial table shown here is Q1 2026, with revenue of $582.0M, net income of $-34.3M, and EPS of $-1.11. Investors can compare that operating picture with valuation signals such as P/E unavailable and FCF yield 8.9%.
The latest indexable market news headline is "Forward Air vs. Old Dominion Freight Line: Which Industrials Stock Is a Better Buy in 2026?" from The Motley Fool.
Additional event context on this page matters because analyst consensus is Hold with a median target of $17.50; recent insider activity includes Stewart Shawn filing F-InKind. These signals are research inputs, not a recommendation.
Valuation
P/E (TTM)
—
PEG
—
P/B
5.21
P/S
0.17
EV/EBITDA
24.06
DCF Value
$-98.93
FCF Yield
8.9%
Div Yield
0.0%
Margins & Returns
Gross Margin
10.0%
Operating Margin
2.1%
Net Margin
-3.7%
ROE
-75.3%
ROA
-3.4%
ROIC
1.8%
Financials
| Period | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $582.0M | $-34.3M | $-1.11 |
| Q4 2025 | $631.2M | $-28.3M | $-0.91 |
| FY 2025 | $2.50B | $-107.8M | $-3.48 |
| Q3 2025 | $631.8M | $-16.3M | $-0.52 |
Analyst Ratings
Consensus
Hold
Target (Consensus)
$17.50
Target (Median)
$17.50
Target Range
$17.00 - $18.00
Trading Activity
Insider Trades
Related Stocks
Latest News
Company Info
Sector
Industrials
Industry
Integrated Freight & Logistics
Country
US
Exchange
—
Beta
1.42
Forward Air Corporation, including its various subsidiaries, functions as a streamlined transportation and logistics enterprise throughout the United States and Canada, operating with an asset-light model. The company's business is structured into two principal divisions: Expedited Freight and Intermodal. The Expedited Freight segment delivers time-sensitive regional, inter-regional, and national less-than-truckload (LTL) services, complemented by local collection and delivery capabilities. This comprehensive segment also extends to final-mile services, full truckload transport, cargo consolidation and deconsolidation, storage solutions, customs brokerage, and general freight handling. Furthermore, it encompasses expedited truckload brokerage, dedicated fleet operations, and specialized logistics for high-security or temperature-sensitive goods. The Intermodal segment primarily focuses on drayage services for intermodal containers. It also provides contract warehousing as well as container freight station (CFS) warehousing and related handling services. Forward Air caters to a diverse customer base, which includes freight forwarders, third-party logistics (3PL) providers, integrated air cargo companies, both passenger and cargo airlines, ocean carriers, and retailers. Founded in 1981, Forward Air Corporation is based in Greeneville, Tennessee.