tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Forward Air Board Member Michael Hodge Resigns

Story Highlights
Forward Air Board Member Michael Hodge Resigns

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1