FWRD Stock Summary and Trading Ideas (Forward Air | NASDAQ:FWRD)

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 North and South America, Europe, and Asia.

Forward Air trades on the NASDAQ stock market under the symbol FWRD.

As of May 12, 2026, FWRD stock price declined to $9.19 with 1,820,087 million shares trading.

FWRD has a beta of 1.77, meaning it tends to be more sensitive to market movements. FWRD has a correlation of 0.05 to the broad based SPY ETF.

FWRD has a market cap of $298.04 million. This is considered a Small Cap stock.

Last quarter Forward Air reported $582 million in Revenue and -$1.09 earnings per share. This fell short of revenue expectation by $-38 million and missed earnings estimates by -$.72.

In the last 3 years, FWRD traded as high as $121.38 and as low as $9.18.

The top ETF exchange traded funds that FWRD belongs to (by Net Assets): IJR, VTI, IWM, VB, VXF.

FWRD has underperformed the market in the last year with a price return of -43.7% while the SPY ETF gained +32.1%. FWRD has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -69.1% and -59.8%, respectively, while the SPY returned +6.9% and +3.2%, respectively.

FWRD support price is $10.03 and resistance is $10.89 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FWRD shares will trade within this expected range on the day.