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This paper introduces and assesses two innovative ordinal classification approaches for forecasting wind speed across three horizons: 1h, 4h, and 8h. To tackle the issue, wind speed values are categorized into four discrete classes, which are vital for effective wind farm operations. Each class conveys key information about wind farm output, ranging from very low wind speeds to extreme wind speeds and their associated generation scenarios, thereby supporting operational decisions by wind farm managers. Ordinal classifiers prove more appropriate than nominal ones for this task. The central goal of the study is to evaluate recently developed ordinal classifiers for wind speed forecasting, with particular emphasis on extreme wind conditions that frequently lead to turbine shutdowns. The analysis relies on hourly wind speed records from a wind farm in Spain, along with predictor variables derived from the European Centre for Medium-Range Weather Forecasts Reanalysis v5 (ERA5). The proposed techniques consist of an Artificial Neural Network (ANN) employing the Cumulative Link Model as its ordinal output mechanism (MLP-CLMO), which prioritizes overall effectiveness, and an ANN refined through a soft labeling strategy grounded in triangular distributions (MLP-TO), which performs particularly well for extreme class predictions. The findings show that both methods outperform other nominal and ordinal techniques across evaluation metrics that properly address the data’s imbalance and ordinal characteristics. MLP-CLMO outperforms MLP-TO across general and ordinal performance, whereas MLP-TO shows stronger performance in predicting the extreme class.