Forward Industries, Inc. (FWDI)
NASDAQ: FWDI · Real-Time Price · USD
7.34
+0.16 (2.23%)
At close: Oct 9, 2026, 4:00 PM EDT
7.40
+0.06 (0.82%)
After-hours: Oct 9, 2026, 7:45 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 $11.83. The average 1-year stock price forecast is 61.17% higher than the current stock price, while the lowest is $8.50 (+15.80%) and the highest is $16 (+117.98%).
Price Target: $11.83 (+61.17%)
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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 3 | 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 | 2 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Buy Maintains $9 → $11 | Buy | Maintains | $9 → $11 | +49.86% | Sep 22, 2026 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $8 → $16 | Buy | Maintains | $8 → $16 | +117.98% | Sep 10, 2026 |
Financial Forecast
Revenue This Year
57.61M
from 18.19M
Increased by 216.73%
Revenue Next Year
56.00M
from 57.61M
Decreased by -2.78%
EPS This Year
-10.19
EPS Next Year
0.26
from -10.19
EPS and Forward PE are based on non-GAAP adjusted numbers.