Where could FWRD trade next? Consensus target price: $24.
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+ Follow$15.14
2 analysts in the last 4 months
High: $29 | Low: $19
No recommendations in the last 4 months.
Forward Air posts a target price of $24. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
A target price of $24 for FWRD means covering analysts, on average, see the stock 58.5% upside of $15.14 over about 12 months. Dig into who set the high and low targets and how recently they updated — freshness matters as much as the average itself.
Context for FWRD's target price usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Forward Air's other metric pages and overview cover the third.
Judging Forward Air against Industrials peers is usually better than using a market-wide rule of thumb. Business models inside Industrials are more comparable, which makes gaps in target price easier to interpret. Start with $24 here, then scan peer and history charts to see if the gap is persistent.