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The latest update is out from Forward Air ( (FWRD) ).
On August 29, 2025, Michael B. Hodge resigned from the board of directors of Forward Air Corporation, a Delaware-based company. His resignation was a personal and professional decision, not due to any disagreements with the company. Following his departure, Eve Omni Investor, LLC waived its director designation rights, and the board reduced its size from eight to seven directors.
The most recent analyst rating on (FWRD) stock is a Hold with a $32.00 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. While technical analysis shows some positive momentum, the valuation remains unattractive due to negative earnings. The earnings call provides a mixed outlook with operational improvements but ongoing revenue challenges.
To see Spark’s full report on FWRD stock, click here.
More about Forward Air
Average Trading Volume: 600,399
Technical Sentiment Signal: Hold
Current Market Cap: $924.7M
For an in-depth examination of FWRD stock, go to TipRanks’ Overview page.