Forward Air Forecasts $620M Q1 Revenue, Sees Full-Year Estimates Trimmed to $2.60B
FWRD•Forward Air’s Q1 2026 revenue is forecast at $620.22 million with a loss of $0.57 per share, following a 0.28% revenue beat and $0.91 EPS loss last quarter. Full-year 2026 revenue estimates have fallen from $2.62 billion to $2.60 billion, with five analysts predicting a one-year price target of $35.
1. Q1 2026 Outlook
The company projects Q1 2026 revenue of $620.22 million and a loss of $0.57 per share. In Q4 2025, revenue reached $631.23 million—0.28% above expectations—while EPS fell to a $0.91 loss, missing forecasts by 87.6%.
2. Full-Year Estimate Revisions
Over the past 90 days, full-year 2026 revenue estimates declined from $2.62 billion to $2.60 billion, while 2027 forecasts fell from $2.82 billion to $2.78 billion. Earnings projections for 2026 shifted from a $1.12 per share loss to $1.25, and 2027 flipped from $0.08 profit to a $0.17 loss.
3. Analyst Price Targets and Recommendations
Analysts' average one-year price target stands at $35, with a high estimate of $42 and a low of $30, implying over 100% upside from current levels. The consensus brokerage rating of 2.2 reflects an "Outperform" view.
