Benzinga · Oct 2, 2026
Susquehanna Maintains Positive on Forward Air, Lowers Price Target to $25
Susquehanna analyst Bascome Majors maintains Forward Air (NASDAQ:FWRD) with a Positive and lowers the price target from $29 to $25.
NASDAQ · FWRD
Industrials · Integrated Freight & Logistics
$15.26
Up+$0.07 (+0.46%)
Updated Oct 7, 2026, 7:02 PM
SID Score
3.3/10
Composite research score
Smart Money
—
Institutional and insider signal
Price performance · FWRD
1M range · 21 trading sessions · Daily adjusted prices
Prices through Oct 6, 2026
FWRD closed at $15.26 after 21 trading sessions, down 11.64% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 6, 2026 | $15.18 | $15.38 | $15.015 | $15.26 | 344.52K |
| Oct 5, 2026 | $15.85 | $15.85 | $15.015 | $15.07 | 525.73K |
| Oct 2, 2026 | $15.71 | $16.39 | $15.71 | $15.91 | 371.47K |
| Oct 1, 2026 | $15.25 | $15.64 | $14.98 | $15.50 | 625.84K |
| Sep 30, 2026 | $15.24 | $15.73 | $14.905 | $15.25 | 421.33K |
| Sep 29, 2026 | $15.33 | $15.73 | $14.81 | $15.01 | 578.2K |
| Sep 28, 2026 | $14.52 | $15.29 | $14.285 | $15.27 | 923.44K |
| Sep 25, 2026 | $14.81 | $15.40 | $14.65 | $14.69 | 434.11K |
| Sep 24, 2026 | $15.03 | $15.27 | $14.225 | $14.75 | 467.2K |
| Sep 23, 2026 | $15.14 | $15.16 | $14.54 | $15.06 | 451.67K |
| Sep 22, 2026 | $15.00 | $15.4195 | $14.70 | $15.14 | 394.85K |
| Sep 21, 2026 | $15.00 | $15.07 | $14.10 | $14.59 | 567.03K |
| Sep 18, 2026 | $15.25 | $15.53 | $14.74 | $14.83 | 1.09M |
| Sep 17, 2026 | $15.88 | $16.02 | $15.35 | $15.41 | 482.46K |
| Sep 16, 2026 | $16.34 | $16.38 | $15.10 | $15.49 | 508.85K |
| Sep 15, 2026 | $16.68 | $16.76 | $16.31 | $16.40 | 305.92K |
| Sep 14, 2026 | $16.21 | $16.71 | $15.96 | $16.69 | 435.26K |
| Sep 11, 2026 | $16.67 | $16.82 | $16.31 | $16.63 | 468.63K |
| Sep 10, 2026 | $16.30 | $16.66 | $16.16 | $16.42 | 314.03K |
| Sep 9, 2026 | $17.07 | $17.215 | $16.35 | $16.38 | 415.53K |
| Sep 8, 2026 | $17.79 | $17.825 | $17.20 | $17.27 | 367.8K |
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FWRD research
Company profile and research snapshot.
Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight, Omni Logistics, and Intermodal and Corporate. The company generates maximum revenue from the Omni Logistics segment. The expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional, and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. The Company conducts business in the United States, Canada, and Mexico.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 2, 2026 | Susquehanna | Positive | — |
| Aug 13, 2026 | Susquehanna | Positive | — |
| Aug 6, 2026 | Stifel | Buy | — |
| May 8, 2026 | Susquehanna | Positive | — |
| Apr 16, 2026 | Stifel | Buy | — |
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Benzinga · Oct 2, 2026
Susquehanna analyst Bascome Majors maintains Forward Air (NASDAQ:FWRD) with a Positive and lowers the price target from $29 to $25.
Yahoo · Oct 1, 2026
DALLAS, October 01, 2026--Forward Air Corporation (NASDAQ:FWRD) (the "Company," "Forward," "we," "our," or "us") today announced that its 5th Annual Drive for Hope Golf Tournament raised $700,000 in support of Hope For The Warriors ("HOPE"), marking the most successful year in the event's history. The milestone brings the total funds raised through the Drive for Hope event to more than $2.4 million since its inception in 2022.
Yahoo · Sep 11, 2026
On August 5, Forward Air (NASDAQ:FWRD) reported the highest quarterly operating revenue in company history, and then immediately buried that headline under a $244 million non-cash charge. The freight and logistics company posted $673 million in second quarter revenue, up 8.8% from $619 million a year earlier. But a goodwill impairment tied to its Omni […]
Benzinga · Aug 13, 2026
Susquehanna analyst Bascome Majors maintains Forward Air (NASDAQ:FWRD) with a Positive and raises the price target from $18 to $29.
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