Valuation: Forward Air Corporation

Capitalization 290M 248M 227M 215M 399M 27.8B 402M 2.71B 1.05B 13.19B 1.09B 1.07B 45.82B P/E ratio 2026 *
-4.83x
P/E ratio 2027 * -13.8x
Enterprise value 1.99B 1.69B 1.55B 1.47B 2.73B 190B 2.75B 18.5B 7.21B 90.16B 7.45B 7.3B 313B EV / Sales 2026 *
0.79x
EV / Sales 2027 * 0.72x
Free-Float
69.32%
Yield 2026 *
-
Yield 2027 * -
1 day-12.19%
1 week-46.07%
Current month-56.39%
1 month-52.01%
3 months-66.13%
6 months-58.94%
Current year-63.26%
1 week 9.18
Extreme 9.18
18.45
1 month 9.18
Extreme 9.18
23.9
Current year 9.18
Extreme 9.18
31.18
1 year 9.18
Extreme 9.18
32.47
3 years 9.18
Extreme 9.18
121.38
5 years 9.18
Extreme 9.18
125.71
10 years 9.18
Extreme 9.18
125.71
Manager TitleAgeSince
Chief Executive Officer 52 27/04/2024
Director of Finance/CFO 56 19/05/2024
Chief Tech/Sci/R&D Officer 60 13/10/2025
Director TitleAgeSince
Director/Board Member 69 31/12/2023
Director/Board Member 65 31/12/2023
Director/Board Member 59 19/12/2023
Change 5d. change 1-year change 3-years change Capi.($)
-12.19%-46.07%-51.73%-90.43% 290M
-0.65%+3.77%+61.59%+68.85% 89.82B
-1.56%+0.38%-2.74%-41.58% 83.67B
+0.05%+1.03%+20.23%+15.63% 61.48B
-0.71%+0.88%+33.04%+36.71% 20.2B
-0.84%-2.69%+47.42% - 10.77B
+0.13%+0.20%-4.93%+49.05% 8.92B
-1.88%+2.55%+44.48%+86.12% 6.02B
-0.94%+0.98%+23.41%-10.28% 5.79B
+2.21%-4.14%-4.27%-34.16% 5.22B
Average -1.35%-2.76%+16.65%+8.88% 29.22B
Weighted average by Cap. +0.07%+2.30%+27.54%+18.12%

Financials

2026 *2027 *
Net sales 2.52B 2.15B 1.97B 1.86B 3.45B 241B 3.48B 23.43B 9.13B 114B 9.44B 9.24B 397B 2.62B 2.23B 2.05B 1.94B 3.59B 251B 3.63B 24.38B 9.5B 119B 9.82B 9.61B 413B
Net income -65.64M -55.98M -51.34M -48.6M -90.06M -6.28B -90.92M -611M -238M -2.98B -246M -241M -10.35B -23.78M -20.28M -18.6M -17.6M -32.63M -2.28B -32.94M -222M -86.26M -1.08B -89.22M -87.34M -3.75B
Net Debt 1.7B 1.45B 1.33B 1.26B 2.33B 162B 2.35B 15.8B 6.15B 76.98B 6.36B 6.23B 267B 1.58B 1.35B 1.24B 1.17B 2.17B 152B 2.19B 14.75B 5.74B 71.87B 5.94B 5.82B 250B
Logo Forward Air Corporation
Forward Air Corporation is an asset-light provider of transportation services across the United States, Canada and Mexico. Its Expedited Freight segment provides expedited regional, inter-regional and national less-than-truckload (LTL) services. Expedited Freight also offers customers local pick-up and delivery and other services including truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage and other handling. The Omni Logistics segment provides a full suite of global logistics services. Services include air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, time-definite transportation services and other supply chain solutions. The Intermodal segment provides first- and last-mile high-value intermodal container drayage services both to and from seaports and railheads. Intermodal also offers dedicated contract and CFS warehouse and handling services, and in select locations, linehaul and LTL services.
Employees
6,000
Date Price Change Volume
12/05/26 9.185 $ -12.19% 1,955,692
11/05/26 10.46 $ +5.98% 3,657,916
08/05/26 9.870 $ -43.05% 9,890,184
07/05/26 17.33 $ -5.61% 2,113,715
06/05/26 18.36 $ +7.81% 1,041,499
Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
9.185USD
Average target price
18.33USD
Spread / Average Target
+99.60%

Quarterly revenue - Rate of surprise