Forward Air Stock Market Value

FWRD Stock  USD 28.47  0.10  0.35%   
Forward Air's market value is the price at which a share of Forward Air trades on a public exchange. It measures the collective expectations of Forward Air investors about its performance. Forward Air is trading at 28.47 as of the 24th of January 2026, a 0.35% down since the beginning of the trading day. The stock's lowest day price was 28.29.
With this module, you can estimate the performance of a buy and hold strategy of Forward Air and determine expected loss or profit from investing in Forward Air over a given investment horizon. Check out Forward Air Correlation, Forward Air Volatility and Forward Air Alpha and Beta module to complement your research on Forward Air.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.
Symbol

Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forward Air. If investors know Forward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forward Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.45
Earnings Share
(4.05)
Revenue Per Share
82.656
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0154
The market value of Forward Air is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Air's value that differs from its market value or its book value, called intrinsic value, which is Forward Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forward Air's market value can be influenced by many factors that don't directly affect Forward Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forward Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Forward Air 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Forward Air's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Forward Air.
0.00
10/26/2025
No Change 0.00  0.0 
In 2 months and 31 days
01/24/2026
0.00
If you would invest  0.00  in Forward Air on October 26, 2025 and sell it all today you would earn a total of 0.00 from holding Forward Air or generate 0.0% return on investment in Forward Air over 90 days. Forward Air is related to or competes with FTAI Infrastructure, Quanex Building, Compass Diversified, T1 Energy, Aspen Aerogels, Ehang Holdings, and Vestis. Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the... More

Forward Air Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Forward Air's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Forward Air upside and downside potential and time the market with a certain degree of confidence.

Forward Air Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Forward Air's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Forward Air's standard deviation. In reality, there are many statistical measures that can use Forward Air historical prices to predict the future Forward Air's volatility.
Hype
Prediction
LowEstimatedHigh
25.2028.4731.74
Details
Intrinsic
Valuation
LowRealHigh
27.4130.6833.95
Details
Naive
Forecast
LowNextHigh
26.3329.6032.88
Details
6 Analysts
Consensus
LowTargetHigh
32.4635.6739.59
Details

Forward Air January 24, 2026 Technical Indicators

Forward Air Backtested Returns

Forward Air appears to be very steady, given 3 months investment horizon. Forward Air secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2 % return per unit of risk over the last 3 months. By reviewing Forward Air's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please utilize Forward Air's Coefficient Of Variation of 591.56, downside deviation of 2.9, and Mean Deviation of 2.2 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Forward Air holds a performance score of 15. The firm shows a Beta (market volatility) of 0.66, which means possible diversification benefits within a given portfolio. As returns on the market increase, Forward Air's returns are expected to increase less than the market. However, during the bear market, the loss of holding Forward Air is expected to be smaller as well. Please check Forward Air's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Forward Air's price patterns will revert.

Auto-correlation

    
  0.79  

Good predictability

Forward Air has good predictability. Overlapping area represents the amount of predictability between Forward Air time series from 26th of October 2025 to 10th of December 2025 and 10th of December 2025 to 24th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Forward Air price movement. The serial correlation of 0.79 indicates that around 79.0% of current Forward Air price fluctuation can be explain by its past prices.
Correlation Coefficient0.79
Spearman Rank Test0.62
Residual Average0.0
Price Variance1.77

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When determining whether Forward Air is a strong investment it is important to analyze Forward Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forward Air's future performance. For an informed investment choice regarding Forward Stock, refer to the following important reports:
Check out Forward Air Correlation, Forward Air Volatility and Forward Air Alpha and Beta module to complement your research on Forward Air.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Forward Air technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Forward Air technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Forward Air trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...