Forward Industries, Inc. (FWDI)

Market Cap	548.68M +1,251.4%
Revenue (ttm)	53.12M +254.5%
Net Income	-1.10B
EPS	-14.47
Shares Out	73.85M
PE Ratio	n/a
Forward PE	64.28
Dividend	n/a
Ex-Dividend Date	n/a

Volume	653,926
Open	7.46
Previous Close	7.18
Day's Range	7.13 - 7.56
52-Week Range	3.48 - 25.50
Beta	0.85
Analysts	Strong Buy
Price Target	11.83 (+59.22%)
Earnings Date	Aug 12, 2026

About FWDI

Forward Industries, Inc. operates as a Solana (SOL) focused digital asset treasury company. The company operates through Digital Assets and Design segments. The Digital Assets segment captures SOL-based yield generated by participating in the Solana network’s staking protocol. The Design segment offers hardware and software product design and engineering services to customers located in the United States. The company was incorporated in 1961 and is based in Austin, Texas.

• Industry: Capital Markets
• Sector: Financials
• Founded: 1961
• Employees: 60
• Stock Exchange: Nasdaq
• Ticker Symbol: FWDI
• Website: https://forwardindustries.com

Financial Performance

In fiscal year 2025, Forward Industries's revenue was $18.19 million, a decrease of -9.02% compared to the previous year's $19.99 million. Losses were -$167.00 million, 8461.7% more than in 2024.

Analyst Summary

According to 3 analysts, the average rating for FWDI stock is "Strong Buy." The 12-month stock price target is $11.83, which is an increase of 59.22% from the latest price.

Price Target

$11.83

(59.22% upside)

Analyst Consensus: Strong Buy

Data Sources: S&P Global Market Intelligence, CBOE, and more

Fundamental and historical data is provided by S&P Global Market Intelligence. Real-time stock price data is provided by CBOE and 15-minute delayed consolidated tape pricing data is provided by Nasdaq UTP.

Last checked:

Oct 9, 2026

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