Forward Air Stock Forecast for 2023 - 2025 - 2030

Updated on 04/23/2024

Stock Rating
18
Price Target
$33.00
Consensus
Neutral
Upside
37.50%
Analysts
1
Stock Rating
18
Upside
37.50%
Analysts
1
Price Target
$33.00

Forward Air Stock Forecast and Price Target

Forward Air's most recent price target of $33.00 for 2024 was provided by renowned analysts over the past few months, with an average prediction of $33.00. If this prediction is correct, Forward Air's stock could rise by 37.5 percent from its current trading price. The potential increase for the stock is $33.00 per share, with a possible range of $24.00 to $55.00. If you're not interested in FWRD stock, you may be interested in its competitors.

$33.00

37.50% Upside

Hold
Hold

Forward Air Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Forward Air's Price has decreased from $36.50 to $0.00 – a 100.00% drop. In the next year, analysts believe that Fair Value will reach $91.35 – an increase of 100.00%. For the next seven years, the forecast is for Fair Value to grow by 100.00%.

2024 Fair Value Forecast
$91.35
2025 Fair Value Forecast
$108.52
2026 Fair Value Forecast
$102.79
2027 Fair Value Forecast
$65.02
2028 Fair Value Forecast
$75.39
2029 Fair Value Forecast
$87.93
2030 Fair Value Forecast
$96.74
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
UPS Stock Forecast United Parcel Service Outperform 10
$148.87 Buy/Sell $166.10 6.80%
FDX Stock Forecast FedEx Corp Outperform 10
$271.75 Buy/Sell $295.33 14.08%
ODFL Stock Forecast Old Dominion Freight Line Hold 10
$219.28 Buy/Sell $403.11 -4.46%
KNIN Stock Forecast Kuehne + Nagel International Underperform 8
CHF242.00 Buy/Sell CHF246.86 -2.48%
DSV Stock Forecast DSV A/S Outperform 9
kr1.08k Buy/Sell kr1.40k 36.09%

Forward Air Revenue Forecast for 2023 - 2025 - 2030

Forward Air's Revenue has seen impressive growth In the last three years, rising from $1.27B to $1.37B – a growth of 7.97%. In the next year, analysts believe that Revenue will reach $1.74B – an increase of 26.59%. For the next seven years, the forecast is for Revenue to grow by 33.83%.

2024 Rev Forecast
$1.74B
2025 Rev Forecast
$1.84B
2026 Rev Forecast
$1.94B
2027 Rev Forecast
$1.74B
2028 Rev Forecast
$1.74B
2029 Rev Forecast
$1.78B
2030 Rev Forecast
$1.83B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
JBHT Stock Forecast J.B. Hunt Transport Services Outperform 14
$167.55 Buy/Sell $207.71 18.77%
SAIA Stock Forecast Saia Inc Outperform 15
$546.28 Buy/Sell $446.61 11.30%
XPO Stock Forecast XPO Outperform 16
$120.84 Buy/Sell $87.05 14.20%

Forward Air Dividend per Share Forecast for 2023 - 2025 - 2030

In the last two years, Forward Air's Dividend per Share has grown by 28.00%, rising from $0.75 to $0.96. For the next year, analysts predict that Dividend per Share will reach $1.36 – an increase of 41.67%. According to professionals, by 2030, Forward Air's Dividend per Share will have decreased by 100.00%, falling down to $0.00.

2024 DPS Forecast
$1.36
2025 DPS Forecast
$0.00
2026 DPS Forecast
$0.00
2027 DPS Forecast
$0.00
2028 DPS Forecast
$0.00
2029 DPS Forecast
$0.00
2030 DPS Forecast
$0.00
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
9101 Stock Forecast Nippon Yusen Kabushiki Kaisha Underperform 14
¥4.15k Buy/Sell ¥3.71k -1.11%
CHRW Stock Forecast C.H. Robinson Worldwide Hold 9
$70.35 Buy/Sell $81.14 10.87%
KNX Stock Forecast Knight-Swift Transportation Ho... Outperform 18
$49.23 Buy/Sell $61.11 13.75%

Forward Air Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
$0.17B
2025 FCF Forecast
$0.15B
2026 FCF Forecast
$0.17B
2027 FCF Forecast
$0.17B
2028 FCF Forecast
$0.17B
2029 FCF Forecast
$0.16B
2030 FCF Forecast
$0.17B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
LSTR Stock Forecast Landstar System Hold 18
$172.12 Buy/Sell $173.07 0.22%
1308 Stock Forecast SITC International Holdings Co... Buy 16
HK$15.68 Buy/Sell HK$1.98 -86.93%
9147 Stock Forecast Nippon Express Holdings,Inc. Hold 17
¥8.20k Buy/Sell ¥8.42k 6.08%

Forward Air EBITDA Forecast for 2023 - 2025 - 2030

In the last three years, Forward Air's EBITDA has seen an increase, rising from $115.04M to $145.62M. This represents a growth of 26.58%. Analysts predict that Forward Air's EBITDA will increase in the upcoming year, reaching $236.65M. This would represent an increase of 62.51%. Over the next seven years, experts predict that Forward Air's EBITDA will grow at a rate of 90.96%.

2024 EBITDA Forecast
$0.24B
2025 EBITDA Forecast
$0.26B
2026 EBITDA Forecast
$0.32B
2027 EBITDA Forecast
$0.25B
2028 EBITDA Forecast
$0.25B
2029 EBITDA Forecast
$0.26B
2030 EBITDA Forecast
$0.28B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
R Stock Forecast Ryder System Outperform 16
$122.01 Buy/Sell $116.17 -1.65%
SNDR Stock Forecast Schneider National Outperform 18
$21.14 Buy/Sell $26.43 18.26%
ARCB Stock Forecast ArcBest Outperform 16
$145.95 Buy/Sell $155.25 9.63%

Forward Air EBIT Forecast for 2023 - 2025 - 2030

Forward Air's EBIT has seen growth In the last three years, going from $79.96M to $88.21M – a gain of 10.32% In the next year, analysts believe that EBIT will reach $172.35M – an increase of 95.39%. For the next eight years, the forecast is forEBIT to grow by 96.03%.

2024 EBIT Forecast
$0.17B
2024 EBIT Forecast
$0.17B
2025 EBIT Forecast
$0.20B
2026 EBIT Forecast
$0.16B
2027 EBIT Forecast
$0.16B
2028 EBIT Forecast
$0.17B
2029 EBIT Forecast
$0.18B
2030 EBIT Forecast
$0.17B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
WERN Stock Forecast Werner Enterprises Hold 17
$35.69 Buy/Sell $42.75 17.68%
HUBG Stock Forecast Hub Group Outperform 16
$40.34 Buy/Sell $93.88 14.03%
PATK Stock Forecast Patrick Industries Outperform 18
$108.46 Buy/Sell $108.38 10.64%

Forward Air EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Forward Air's EPS has decreased from $1.85 to $0.00 – a 100.00% drop. In the next year, analysts believe that EPS will reach $4.63 – an increase of 100.00%. For the next seven years, the forecast is for EPS to grow by 100.00%.

2024 EPS Forecast
$4.63
2025 EPS Forecast
$5.50
2026 EPS Forecast
$5.21
2027 EPS Forecast
$3.30
2028 EPS Forecast
$3.82
2029 EPS Forecast
$4.46
2030 EPS Forecast
$4.90
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
9107 Stock Forecast Kawasaki Kisen Kaisha Underperform 7
¥7.04k Buy/Sell ¥0.00 -38.73%
MRTN Stock Forecast Marten Transport Buy 16
$16.73 Buy/Sell $24.50 37.48%
HTLD Stock Forecast Heartland Express Hold 14
$10.43 Buy/Sell $15.29 24.64%