Forward Air Corporation (FWRD) Seen as Attractive Value at 8.5x 2026 EBITDA, Says Susquehanna
Forward Air Corporation (NASDAQ:FWRD) is among the 12 Most Promising Small-Cap Stocks According to Wall Street Analysts.
Forward Air Corporation (NASDAQ:FWRD) is among the most promising stocks.
TheFly reported on February 24 that Susquehanna lowered FWRD price target to $42 from $45 and maintained a Positive rating on the shares. With shares trading at about 8.5 times estimated 2026 EBITDA, the stock continues to provide great value, according to the firm, which also observed that the company's strategic review appears to be nearing conclusion.
Forward Air Corporation (NASDAQ:FWRD) reported its fourth-quarter and full-year 2025 results on February 23. The company recorded consolidated revenue of $631 million for Q4, which is slightly below last year’s $633 million, while Consolidated EBITDA rose to $77 million from $72 million a year ago. For the full year, the company said its consolidated EBITDA totaled $307 million, which is near 2024’s $311 million.
Additionally, the company noted that its Q4 performance differed by segment: Expedited Freight saw an increase in EBITDA to $25 million with a 10.1% margin, Omni achieved record revenue and EBITDA with a 10% margin, and Intermodal, under pressure from trade softness, reported $7 million in EBITDA with a 14.2% margin. All things considered, cash from operations increased to $44 million in 2025 from a $69 million outflow in 2024, and liquidity was $367 million, which included $261 million available under the credit facility and $106 million in cash.
Forward Air Corporation (NASDAQ:FWRD) is a leading North American freight and logistics provider offering expedited less‑than‑truckload (LTL), pickup and delivery, truckload brokerage, intermodal drayage, warehousing, and customs brokerage services through a national terminal network.
While we acknowledge the potential of FWRD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the
Disclosure: None.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple Partner Reaches One Million People With Safe Water
NASDAQ TRADE HALT CONTINUES <UCFIW.O> REASON NOT AVAILABLE AT 03:58 AM
VIPCross-Asset Positioning Amid AI Earnings Scrutiny and the US Election
1. Markets diverged during the week. Between the October 23 and October 30 closes, BTC fell 4.78%, the Nasdaq 100 declined 1.98%, and gold and silver dropped 2.72% and 8.59%, respectively. The DAX, KOSPI, Nikkei 225 and Hang Seng advanced. We focus on differences in growth prospects, valuation sensitivity and risk exposures rather than applying a single directional view across assets. 2. Market reactions to Alphabet's and Intel's earnings brought returns on AI investment into focus. Attention is shifting from the scale of capital expenditure to revenue realization, margins and free cash flow. Lower interest rates can ease discount-rate pressure, but a sustained valuation recovery still requires support from both operating performance and financing conditions. 3. The November 3 US midterm elections and November 6 employment report are key events in the coming week. We monitor how post-election fiscal and legislative agendas may affect interest rates, the dollar and industry operating conditions. Our execution priorities are to manage leverage and concentration, retain margin and exit-liquidity buffers, and avoid treating a single political outcome as an automatic trading signal. 4. Following Binance's disclosure of a security incident, industry attention to endpoint protection, access segregation and coordinated incident response has increased. Key assets to monitor: BTC, the Nasdaq 100, crude oil and gold, alongside upcoming earnings from AAPL, AMD, PLTR, ARM, ANET and QCOM.
HYATT HOTELS CORP <H.N>: JEFFERIES RAISES TARGET PRICE TO $188 FROM $167
Crypto prices
More
