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Forward Air ( (FWRD) ) has issued an announcement.
On October 10, 2025, Joseph M. Tomasello resigned as Chief Information Officer of Forward Air Corporation, effective October 13, 2025. Subsequently, on October 14, 2025, Jason Ringgenberg was appointed as the interim Chief Information Officer. Ringgenberg brings a wealth of experience from his previous roles as CIO at Yellow Corporation and YRC Freight, as well as his extensive tenure at Accenture, enhancing Forward Air’s leadership in information technology.
The most recent analyst rating on (FWRD) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on Forward Air stock, see the FWRD Stock Forecast page.
Spark’s Take on FWRD Stock
According to Spark, TipRanks’ AI Analyst, FWRD is a Neutral.
Forward Air’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, high leverage, and liquidity concerns. Technical analysis also indicates bearish momentum. While there are some operational improvements noted in the earnings call, they are overshadowed by broader market challenges and valuation concerns.
To see Spark’s full report on FWRD stock, click here.
More about Forward Air
Average Trading Volume: 642,106
Technical Sentiment Signal: Strong Sell
Current Market Cap: $668.8M
Find detailed analytics on FWRD stock on TipRanks’ Stock Analysis page.