Forward Industries, Inc. (FWDI)
NASDAQ: FWDI · Real-Time Price · USD
5.89
-0.77 (-11.56%)
At close: Aug 28, 2026, 4:00 PM EDT
5.99
+0.10 (1.70%)
After-hours: Aug 28, 2026, 7:52 PM EDT
Forward Industries Stock Forecast
Stock Price Forecast
According to 3 analysts polled by S&P Global, Forward Industries stock has a consensus rating of "Strong Buy" and an average price target of $7.83. The average 1-year stock price forecast is 32.94% higher than the current stock price, while the lowest is $7.00 (+18.85%) and the highest is $8.50 (+44.31%).
Price Target: $7.83 (+32.94%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Forward Industries stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 2 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $7.9 → $8 | Buy | Reiterates | $7.9 → $8 | +35.82% | Aug 17, 2026 |
| B. Riley Securities | B. Riley Securities | Buy Maintains $8 → $7 | Buy | Maintains | $8 → $7 | +18.85% | Aug 13, 2026 |
Financial Forecast
Revenue This Year
56.84M
from 18.19M
Increased by 212.52%
Revenue Next Year
52.00M
from 56.84M
Decreased by -8.51%
EPS This Year
-10.21
EPS Next Year
0.20
from -10.21
EPS and Forward PE are based on non-GAAP adjusted numbers.