Forward Air (FWRD) Stock Analysis & Price (Updated Oct 16, 2026, 4:00 PM ET)
Updated Oct 16, 2026, 4:00 PM ET
- Closed at $15.04, -5.05% vs the prior close of $15.84.
- Volume 267.44K shares, 0.5x its 50-day average (light).
- No new SEC filings since the prior session.
- No new insider buys or sales reported since the prior session.
FWRD slides 5.1% to $15.04. Closed at $15.04, -5.05% vs the prior close of $15.84. Day range $14.80–$15.98, opened at $15.82.
FWRD daily analysis — what happened
A plain-English, data-only note written after every US trading day. Newest first; older days stay archived below.
Oct 16, 2026 — FWRD slides 5.1% to $15.04
- Closed at $15.04, -5.05% vs the prior close of $15.84. Day range $14.80–$15.98, opened at $15.82.
- Volume was 267.44K shares, 0.5x its 50-day average of 521.92K — lighter than usual.
- Price is -9.5% vs its 50-day average ($16.63) and -17.2% vs its 200-day average ($18.17).
- 52-week range $7.86–$31.18; today's close sits at 31% of that range, 51.8% below the 52-week high.
Oct 15, 2026 — FWRD rises 2.0% to $15.84
- Closed at $15.84, +2.00% vs the prior close of $15.53. Day range $15.50–$16.04, opened at $15.72.
- Volume was 181.40K shares, 0.3x its 50-day average of 532.30K — lighter than usual.
- Price is -5.0% vs its 50-day average ($16.68) and -13.1% vs its 200-day average ($18.22).
- 52-week range $7.86–$31.18; today's close sits at 34% of that range, 49.2% below the 52-week high.
Oct 14, 2026 — FWRD dips 0.3% to $15.53
- Closed at $15.53, -0.32% vs the prior close of $15.58. Day range $15.09–$15.68, opened at $15.41.
- Volume was 341.10K shares, 0.6x its 50-day average of 538.53K.
- Price is -6.8% vs its 50-day average ($16.67) and -15.0% vs its 200-day average ($18.27).
- 52-week range $7.86–$31.18; today's close sits at 33% of that range, 50.2% below the 52-week high.
Oct 13, 2026 — FWRD dips 1.2% to $15.58
- Closed at $15.58, -1.20% vs the prior close of $15.77. Day range $15.23–$15.93, opened at $15.77.
- Volume was 303.40K shares, 0.6x its 50-day average of 542.10K — lighter than usual.
- Price is -6.5% vs its 50-day average ($16.67) and -15.0% vs its 200-day average ($18.32).
- 52-week range $7.86–$31.18; today's close sits at 33% of that range, 50.0% below the 52-week high.
Oct 12, 2026 — FWRD rises 0.8% to $15.77
- Closed at $15.77, +0.83% vs the prior close of $15.64. Day range $15.42–$15.86, opened at $15.62.
- Volume was 222.30K shares, 0.4x its 50-day average of 547.72K — lighter than usual.
- Price is -5.3% vs its 50-day average ($16.65) and -14.1% vs its 200-day average ($18.37).
- 52-week range $7.86–$31.18; today's close sits at 34% of that range, 49.4% below the 52-week high.
Oct 9, 2026 — FWRD slides 4.2% to $15.64
- Closed at $15.64, -4.17% vs the prior close of $16.32. Day range $15.59–$16.75, opened at $16.45.
- Volume was 414.40K shares, 0.7x its 50-day average of 553.11K.
- Price is -5.9% vs its 50-day average ($16.61) and -15.1% vs its 200-day average ($18.42).
- 52-week range $7.86–$31.18; today's close sits at 33% of that range, 49.8% below the 52-week high.
Oct 8, 2026 — FWRD jumps 6.2% to $16.32, 3 up days in a row
- Closed at $16.32, +6.18% vs the prior close of $15.37. Day range $15.14–$16.51, opened at $15.14.
- Volume was 646.70K shares, 1.2x its 50-day average of 553.97K.
- Price is -1.6% vs its 50-day average ($16.59) and -11.6% vs its 200-day average ($18.46).
- 52-week range $7.86–$31.18; today's close sits at 36% of that range, 47.7% below the 52-week high.
- That makes 3 straight gains.
Oct 7, 2026 — FWRD rises 0.7% to $15.37
- Closed at $15.37, +0.72% vs the prior close of $15.26. Day range $14.87–$15.47, opened at $15.04.
- Volume was 350.30K shares, 0.6x its 50-day average of 559.39K.
- Price is -7.1% vs its 50-day average ($16.55) and -16.9% vs its 200-day average ($18.51).
- 52-week range $7.86–$31.18; today's close sits at 32% of that range, 50.7% below the 52-week high.
Oct 6, 2026 — FWRD rises 1.3% to $15.26
- Closed at $15.26, +1.26% vs the prior close of $15.07. Day range $15.02–$15.38, opened at $15.18.
- Volume was 344.50K shares, 0.6x its 50-day average of 566.96K.
- Price is -7.7% vs its 50-day average ($16.54) and -17.8% vs its 200-day average ($18.56).
- 52-week range $7.86–$31.18; today's close sits at 32% of that range, 51.1% below the 52-week high.
Oct 5, 2026 — FWRD slides 5.3% to $15.07
- Closed at $15.07, -5.28% vs the prior close of $15.91. Day range $15.02–$15.85, opened at $15.85.
- Volume was 525.70K shares, 0.9x its 50-day average of 567.64K.
- Price is -8.8% vs its 50-day average ($16.53) and -19.0% vs its 200-day average ($18.61).
- 52-week range $7.86–$31.18; today's close sits at 31% of that range, 51.7% below the 52-week high.
Oct 2, 2026 — FWRD rises 2.6% to $15.91, 3 up days in a row
- Closed at $15.91, +2.65% vs the prior close of $15.50. Day range $15.71–$16.39, opened at $15.71.
- Volume was 371.50K shares, 0.6x its 50-day average of 582.61K.
- Price is -3.8% vs its 50-day average ($16.53) and -14.7% vs its 200-day average ($18.66).
- 52-week range $7.86–$31.18; today's close sits at 35% of that range, 49.0% below the 52-week high.
- That makes 3 straight gains.
FWRD latest news & SEC filings
Every SEC filing by or about FWRD in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Aug 13, 2026 · Form SCHEDULE 13G — Passive stake (13G)
Passive stake (13G) — an investor reported owning more than 5%
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 6, 2026 · Form SCHEDULE 13G — Passive stake (13G)
Passive stake (13G) — an investor reported owning more than 5%
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 5, 2026 · Form 10-Q — Quarterly report
Quarterly report (unaudited financial statements for the quarter)
Quarter ended Jun 30, 2026:
- Revenue: $673.04M (prior year $618.84M) (+8.8% vs Jun 30, 2025)
- Net income: -$207.30M (prior year -$12.58M) (loss widened vs Jun 30, 2025)
- Diluted EPS: -$6.38 (prior year -$0.41) (loss widened vs Jun 30, 2025)
Aug 5, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 2.02 — Reported results of operations (earnings release).
This is a results-day filing: the earnings press release is attached as an exhibit.
Jul 28, 2026 · Form SCHEDULE 13G — Passive stake (13G)
Passive stake (13G) — an investor reported owning more than 5%
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Jul 21, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 7.01 — Released information under Regulation FD (e.g. a presentation or press release).
Jul 10, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 5.02 — Change in directors or officers (appointment, departure or pay).
Jul 8, 2026 · Form SCHEDULE 13G/A — Update to a passive 5%+ stake (13G)
Update to a passive 5%+ stake (13G)
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Jun 29, 2026 · Form 3 — New insider holdings
Initial insider ownership statement (Form 3) — a new director, officer or 10% owner disclosed their holdings
Jun 29, 2026 · Form 3 — New insider holdings
Initial insider ownership statement (Form 3) — a new director, officer or 10% owner disclosed their holdings
Jun 29, 2026 · Form 3 — New insider holdings
Initial insider ownership statement (Form 3) — a new director, officer or 10% owner disclosed their holdings
Jun 29, 2026 · Form 3 — New insider holdings
Initial insider ownership statement (Form 3) — a new director, officer or 10% owner disclosed their holdings
Jun 29, 2026 · Form 3 — New insider holdings
Initial insider ownership statement (Form 3) — a new director, officer or 10% owner disclosed their holdings
Jun 29, 2026 · Form 3 — New insider holdings
Initial insider ownership statement (Form 3) — a new director, officer or 10% owner disclosed their holdings
Jun 25, 2026 · Form S-8 — Employee share plan registration
Registration of shares for employee stock plans (S-8)
Things to know before you trade FWRD
- Last results release: Aug 5, 2026 (8-K Item 2.02). Previous ones: May 7, 2026, Feb 23, 2026, Nov 5, 2025. Based on that rhythm, the next report is likely around Nov 4, 2026 — an estimate, not a confirmed date.
- How much it moves: over the last 20 sessions the average daily move was 2.35% (largest 6.2%).
- Liquidity: about 441.61K shares (≈$6.64M) trade per day on average.
- 52-week position: $15.04 vs a range of $7.86–$31.18 (31% of the range).
- Dividends: no cash dividends in the last 2 years.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 1 open-market buys, 24 sales; latest: Capital Vi, L.P. Cetus sold 10,000 shares on Nov 12, 2025.
- Latest filings: 10-Q Aug 5, 2026; 8-K Aug 5, 2026; 8-K Jul 21, 2026.
- Share count: 33.78M shares outstanding (Jul 29, 2026), +9.7% vs a year earlier — notable dilution.
- Listing: Nasdaq · industry: Arrangement of Transportation of Freight & Cargo.
FWRD market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 16, 2026 | 15.82 | 15.98 | 14.80 | 15.04 | 267.44K |
| Oct 15, 2026 | 15.72 | 16.04 | 15.50 | 15.84 | 181.40K |
| Oct 14, 2026 | 15.41 | 15.68 | 15.09 | 15.53 | 341.10K |
| Oct 13, 2026 | 15.77 | 15.93 | 15.23 | 15.58 | 303.40K |
| Oct 12, 2026 | 15.62 | 15.86 | 15.42 | 15.77 | 222.30K |
| Oct 9, 2026 | 16.45 | 16.75 | 15.59 | 15.64 | 414.40K |
| Oct 8, 2026 | 15.14 | 16.51 | 15.14 | 16.32 | 646.70K |
| Oct 7, 2026 | 15.04 | 15.47 | 14.87 | 15.37 | 350.30K |
| Oct 6, 2026 | 15.18 | 15.38 | 15.02 | 15.26 | 344.50K |
| Oct 5, 2026 | 15.85 | 15.85 | 15.02 | 15.07 | 525.70K |
| Oct 2, 2026 | 15.71 | 16.39 | 15.71 | 15.91 | 371.50K |
| Oct 1, 2026 | 15.25 | 15.64 | 14.98 | 15.50 | 625.80K |
| Sep 30, 2026 | 15.24 | 15.73 | 14.91 | 15.25 | 421.30K |
| Sep 29, 2026 | 15.33 | 15.73 | 14.81 | 15.01 | 578.20K |
| Sep 28, 2026 | 14.52 | 15.29 | 14.29 | 15.27 | 923.40K |
| Sep 25, 2026 | 14.81 | 15.40 | 14.65 | 14.69 | 434.10K |
| Sep 24, 2026 | 15.03 | 15.27 | 14.23 | 14.75 | 467.20K |
| Sep 23, 2026 | 15.14 | 15.16 | 14.54 | 15.06 | 451.70K |
| Sep 22, 2026 | 15.00 | 15.42 | 14.70 | 15.14 | 394.80K |
| Sep 21, 2026 | 15.00 | 15.07 | 14.10 | 14.59 | 567.00K |
About Forward Air
Forward Air (FWRD) is listed on the Nasdaq and classified by the SEC under “Arrangement of Transportation of Freight & Cargo”. Its business address is in DALLAS, TX. State of incorporation: DE. Fiscal year ends December 31. SEC CIK 912728.
FWRD board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| Dale W Boyles | Director | Jun 22, 2026 |
| Christine Marie Gorjanc | Director | Jun 22, 2026 |
| Jerome Jean-Pierre Lorrain | Executive Chairman | Feb 23, 2026 |
| Shawn Stewart | Chief Executive Officer | May 1, 2026 |
| Paul C. Svindland | Director | Jun 22, 2026 |
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| Eric Frederick Brandt | Chief Commercial Officer | Feb 23, 2026 |
| James R. Faught | Chief Accounting Officer | Feb 23, 2026 |
| Jessica L Herren | Chief Supply Chain Officer | Feb 23, 2026 |
| Michael L Hance | CLO and Secretary | Mar 17, 2026 |
| Karl Khambatta | Chief Transformation Officer | Jun 29, 2026 |
| Jerome Jean-Pierre Lorrain | Executive Chairman | Feb 23, 2026 |
| Justin Lindsay | President, U.S. & Canada | Jun 29, 2026 |
| Fabio De Moraes Mendunekas | President, LATAM | Jun 29, 2026 |
| Timothy R Osborne | Executive VP of Operations | Mar 17, 2026 |
| Jamie G. Pierson | CFO | Mar 17, 2026 |
| Douglas James Smith | Chief People Officer | Feb 23, 2026 |
| Lance Sons | Chief Information Officer | Jun 29, 2026 |
| Shawn Stewart | Chief Executive Officer | May 1, 2026 |
| Altena Jonathan Van | President, Europe | Jun 29, 2026 |
| Yanqing Zhu | President, Asia Pacific | Jun 29, 2026 |
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Nov 12, 2025 | Capital Vi, L.P. Cetus | Sale | 10,000 | $22.38 |
| Nov 12, 2025 | Capital Vi, L.P. Cetus | Sale | 10,000 | $22.38 |
| Nov 12, 2025 | Capital Vi, L.P. Cetus | Sale | 10,000 | $22.38 |
| Nov 12, 2025 | Capital Vi, L.P. Cetus | Sale | 10,000 | $22.38 |
| Nov 11, 2025 | Capital Vi, L.P. Cetus | Sale | 67,163 | $21.71 |
| Nov 11, 2025 | Capital Vi, L.P. Cetus | Sale | 67,163 | $21.71 |
| Nov 11, 2025 | Capital Vi, L.P. Cetus | Sale | 67,163 | $21.71 |
| Nov 11, 2025 | Capital Vi, L.P. Cetus | Sale | 67,163 | $21.71 |
| Nov 10, 2025 | Capital Vi, L.P. Cetus | Sale | 30,000 | $22.66 |
| Nov 10, 2025 | Capital Vi, L.P. Cetus | Sale | 90,000 | $21.55 |
| Nov 10, 2025 | Capital Vi, L.P. Cetus | Sale | 30,000 | $22.66 |
| Nov 10, 2025 | Capital Vi, L.P. Cetus | Sale | 90,000 | $21.55 |
| Nov 10, 2025 | Capital Vi, L.P. Cetus | Sale | 30,000 | $22.66 |
| Nov 10, 2025 | Capital Vi, L.P. Cetus | Sale | 90,000 | $21.55 |
| Nov 10, 2025 | Capital Vi, L.P. Cetus | Sale | 30,000 | $22.66 |
FWRD financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| Dec 31, 2025 | $2.50B | $-107.80M | -3.51 | — |
| Dec 31, 2024 | $2.47B | $-816.97M | -30.63 | — |
| Dec 31, 2023 | $1.37B | $167.35M | 6.40 | — |
| Dec 31, 2022 | $1.68B | $193.19M | 7.14 | — |
| Dec 31, 2021 | $1.39B | $105.86M | 3.85 | — |
Latest balance sheet: total assets $2.41B, total liabilities $2.53B, cash $139.45M (as of Jun 30, 2026).
FWRD earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| Aug 5, 2026 | 8-K Item 2.02 (results) | $15.41 |
| May 7, 2026 | 8-K Item 2.02 (results) | $17.33 |
| Feb 23, 2026 | 8-K Item 2.02 (results) | $25.28 |
| Nov 5, 2025 | 8-K Item 2.02 (results) | $17.69 |
| Aug 11, 2025 | 8-K Item 2.02 (results) | $28.57 |
| May 7, 2025 | 8-K Item 2.02 (results) | $17.23 |
| Apr 21, 2025 | 8-K Item 2.02 (results) | $14.85 |
| Apr 9, 2025 | 8-K Item 2.02 (results) | $13.85 |
| Feb 26, 2025 | 8-K Item 2.02 (results) | $25.75 |
| Jan 6, 2025 | 8-K Item 2.02 (results) | $32.55 |
| Aug 7, 2024 | 8-K Item 2.02 (results) | — |
| May 15, 2024 | 8-K Item 2.02 (results) | — |
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Information only, not investment advice. BuyMeWhiskey is not a registered investment adviser or broker-dealer; nothing here is a recommendation to buy, sell or hold any security, and there are no price targets. Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: end-of-day data as of Oct 16, 2026, 4:00 PM ET. Filings: SEC EDGAR. Updated after every US trading day.