Projected 12-Month Target for SPSM by Analysts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 17 2025
0mins
Source: NASDAQ.COM
ETF Analysis: The SPDR Portfolio S&P 600 Small Cap ETF (SPSM) has an implied analyst target price of $53.42, indicating a potential upside of 16.32% from its current trading price of $45.93.
Notable Holdings: Key underlying holdings with significant upside potential include Forward Air Corp (74.51% upside), Corsair Gaming Inc (39.59% upside), and PENN Entertainment Inc (32.98% upside) based on their respective analyst target prices.
Analyst Views on FWRD
Wall Street analysts forecast FWRD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FWRD is 37.50 USD with a low forecast of 30.00 USD and a high forecast of 45.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 28.570
Low
30.00
Averages
37.50
High
45.00
Current: 28.570
Low
30.00
Averages
37.50
High
45.00
About FWRD
Forward Air Corporation is an asset-light provider of transportation services across the United States, Canada and Mexico. Its Expedited Freight segment provides expedited regional, inter-regional and national less-than-truckload (LTL) services. Expedited Freight also offers customers local pick-up and delivery and other services including truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage and other handling. The Omni Logistics segment provides a full suite of global logistics services. Services include air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, time-definite transportation services and other supply chain solutions. The Intermodal segment provides first- and last-mile high-value intermodal container drayage services both to and from seaports and railheads. Intermodal also offers dedicated contract and CFS warehouse and handling services, and in select locations, linehaul and LTL services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
