Forward Air (FWRD) Expected to Announce Quarterly Earnings on Monday

Forward Air (NASDAQ:FWRD) is anticipated to release its Q4 2025 results after the market closes on Monday, February 23rd. Analysts expect the company to announce earnings of ($0.26) per share and revenue of $629.60 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q4 2025 earning report page for the latest details on the call scheduled for Monday, February 23, 2026 at 4:30 PM ET.

Forward Air Stock Performance

NASDAQ FWRD opened at $26.81 on Monday. The company has a debt-to-equity ratio of 8.73, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market cap of $837.81 million, a P/E ratio of -6.96 and a beta of 1.35. The stock has a 50-day moving average of $26.97 and a two-hundred day moving average of $25.75. Forward Air has a 1-year low of $9.78 and a 1-year high of $32.47.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on FWRD shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Forward Air in a report on Thursday, January 22nd. Zacks Research cut Forward Air from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 13th. Stifel Nicolaus boosted their target price on Forward Air from $30.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Jefferies Financial Group restated a “buy” rating on shares of Forward Air in a report on Thursday, November 6th. Finally, Susquehanna lifted their price objective on Forward Air from $42.00 to $45.00 and gave the company a “positive” rating in a research note on Monday, January 5th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $35.00.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new position in shares of Forward Air during the third quarter worth about $228,000. iSAM Funds UK Ltd lifted its position in Forward Air by 18.2% during the 3rd quarter. iSAM Funds UK Ltd now owns 11,237 shares of the transportation company’s stock worth $288,000 after acquiring an additional 1,730 shares during the period. Man Group plc acquired a new stake in Forward Air during the 2nd quarter worth approximately $224,000. Quantinno Capital Management LP purchased a new position in shares of Forward Air in the 2nd quarter valued at approximately $320,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of Forward Air during the second quarter worth approximately $203,000. Hedge funds and other institutional investors own 97.03% of the company’s stock.

Forward Air Company Profile

Forward Air Corporation is a leading North American provider of expedited ground transportation and related logistics services, specializing in time-sensitive shipments. The company offers a comprehensive suite of solutions including less-than-truckload (LTL) expedited freight, consolidation and distribution services, container drayage, and final-mile delivery. By integrating transportation management with warehousing, inventory control, and technology-driven tracking, Forward Air supports customers across a variety of industries such as manufacturing, retail, automotive and chemicals.

Founded in 1981 and headquartered in Greeneville, Tennessee, Forward Air has developed a broad network of service centers, terminals and rail ramps throughout the United States, Canada and Puerto Rico.