Forward Air (NASDAQ:FWRD) has been analyzed by four analysts, showing a range of opinions from somewhat bullish to somewhat bearish. The average 12-month price target is $65.00, with a high of $80.00 and a low of $50.00, marking a 20.41% decrease in the average target. Analysts from Stifel, Wolfe Research, and Susquehanna have adjusted their ratings and price targets. Forward Air is an asset-light freight and logistics company facing a revenue decline of -18.94% as of September 30, 2023, but has strong financial health indicators such as a net margin of 2.23%, ROE of 1.38%, ROA of 0.78%, and a low debt-to-equity ratio of 0.45.