NASDAQ:FWDI Forward Industries (FWDI) Stock Price, News & Analysis $4.58 -0.16 (-3.38%) Closing price 05/22/2026 04:00 PM EasternExtended Trading$4.48 -0.10 (-2.16%) As of 05/22/2026 07:53 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsBuy This Stock About Forward Industries Stock (NASDAQ:FWDI) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Forward Industries alerts:Sign Up Key Stats Today's Range$4.56▼$4.8250-Day Range$4.07▼$5.5352-Week Range$4.03▼$46.00Volume706,405 shsAverage Volume981,126 shsMarket Capitalization$342.03 millionP/E RatioN/ADividend YieldN/APrice Target$7.00Consensus RatingHold Company Overview Forward Industries, Inc. is a company that designs, manufactures and markets protective solutions and accessories for portable electronic devices. Its product range typically includes protective cases, covers, sleeves, holsters and carrying solutions tailored for smartphones, tablets and other consumer electronics, along with related accessory items. The company combines industrial design and materials engineering to produce products that protect devices from impact, abrasion and everyday wear. The business model centers on product design, sourcing and distribution for retail, wholesale and original equipment manufacturer (OEM) channels. Forward Industries provides both off-the-shelf items for retailers and custom-designed protective solutions for device makers and other commercial customers, supporting packaging and supply-chain requirements to bring finished accessories to market. Forward Industries operates as a supplier to the consumer electronics ecosystem, serving retailers, distributors and manufacturers that need protective and carrying products for mobile devices. Publicly traded under the symbol FWDI, the company emphasizes product development and partnerships with channel customers; detailed historical, geographic headquarters and leadership information was not available for inclusion here.AI Generated. May Contain Errors. Read More Forward Industries Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks66th Percentile Overall ScoreFWDI MarketRank™: Forward Industries scored higher than 66% of companies evaluated by MarketBeat, and ranked 23rd out of 79 stocks in the manufacturing sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.6 / 5Analyst RatingHold Consensus RatingForward Industries has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 1 hold rating, and 1 sell rating.Upside PotentialForward Industries has a consensus price target of $7.00, representing about 52.8% upside from its current price of $4.58.Amount of Analyst CoverageForward Industries has only been the subject of 3 research reports in the past 90 days.Read more about Forward Industries' stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Forward Industries are expected to grow in the coming year, from ($0.30) to $0.26 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Forward Industries is -2.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Forward Industries is -2.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioForward Industries has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.86% of the float of Forward Industries has been sold short.Short Interest Ratio / Days to CoverForward Industries has a short interest ratio ("days to cover") of 1.78, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Forward Industries has recently decreased by 16.05%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthWeak Dividend YieldForward Industries does not currently pay a dividend.Dividend GrowthForward Industries does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Forward Industries will have a dividend payout ratio of 162.31% in the coming year. This indicates that Forward Industries may not be able to sustain their current dividend.Read more about Forward Industries' dividend. News and Social Media1.4 / 5News SentimentN/A News SentimentForward Industries has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Manufacturing companies.News Coverage This WeekMarketBeat has tracked 1 news article for Forward Industries this week, compared to 2 articles on an average week. Company Ownership0.6 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Forward Industries insiders have not sold or bought any company stock.Percentage Held by Insiders15.90% of the stock of Forward Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsForward Industries has minimal institutional ownership at this time.Read more about Forward Industries' insider trading history. Receive FWDI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Forward Industries and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. FWDI Stock News HeadlinesForward Industries Inc FWDIMay 19, 2026 | morningstar.comMForward Industries, Inc. (NASDAQ:FWDI) Q2 2026 Earnings Call TranscriptMay 16, 2026 | insidermonkey.comThe SpaceX filing is public. The window is closing.SpaceX just filed its S-1. The IPO is confirmed for June 12 - $75 billion, ticker SPCX, potentially the largest in history. The 21-bank syndicate has already locked up shares, so retail investors won't get access. But the S-1 exposed one publicly traded company Musk cannot operate without - and it's still cheap. Dylan Jovine is releasing the ticker free before June 12 changes the price.May 24 at 1:00 AM | Behind the Markets (Ad)Forward Industries (NASDAQ:FWDI) Lowered to "Sell" Rating by Wall Street ZenMay 16, 2026 | americanbankingnews.comForward Industries (NASDAQ: FWDI) Reports Fiscal 2025 Results Reflecting Early Momentum in Solana Treasury StrategyMay 15, 2026 | usatoday.comForward Industries, Inc. (FWDI) Q2 2026 Earnings Call TranscriptMay 14, 2026 | seekingalpha.comForward Industries (NASDAQ: FWDI) Reports Q1 Fiscal 2026 Results, Details SOL Treasury ExpansionMay 14, 2026 | theglobeandmail.comForward Industries Reports Fiscal Second Quarter 2026 Financial and Operating ResultsMay 14, 2026 | globenewswire.comSee More Headlines FWDI Stock Analysis - Frequently Asked Questions How have FWDI shares performed this year? Forward Industries' stock was trading at $6.61 at the beginning of 2026. Since then, FWDI stock has decreased by 30.7% and is now trading at $4.58. How were Forward Industries' earnings last quarter? Forward Industries, Inc. (NASDAQ:FWDI) issued its quarterly earnings data on Thursday, May, 14th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.07. The firm earned $12.96 million during the quarter, compared to analyst estimates of $11 million. Forward Industries had a negative net margin of 2,305.12% and a negative trailing twelve-month return on equity of 21.42%. How do I buy shares of Forward Industries? Shares of FWDI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Company Calendar Last Earnings5/14/2026Today5/24/2026Fiscal Year End9/30/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Red Zone (6m+) 1-Year History May 25 Aug 25 Nov 25 Feb 26 May 26 FWDI's financial health is in the Red zone, according to TradeSmith. FWDI has been in this zone for over 6 months. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorManufacturing Industry Misc. Plastic Products Sub-IndustryRubber And Plastic Products Current SymbolNASDAQ:FWDI Previous SymbolNYSEARCA:FWDI CIK38264 WebN/A Phone(631) 547-3055Fax954-360-2530Employees100Year Founded1961Price Target and Rating Average Price Target for Forward Industries$7.00 High Price Target$7.00 Low Price Target$7.00 Potential Upside/Downside+52.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Trailing Twelve Months)($2.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income-$166.97 million Net Margins-2,305.12% Pretax Margin-2,304.50% Return on Equity-21.42% Return on Assets-20.82% Debt Debt-to-Equity RatioN/A Current Ratio0.40 Quick Ratio0.40 Sales & Book Value Annual Sales$44.84 million Price / Sales7.63 Cash FlowN/A Price / Cash FlowN/A Book Value$7.38 per share Price / Book0.62Miscellaneous Outstanding Shares74,680,000Free Float62,806,000Market Cap$342.03 million OptionableN/A Beta0.78 Social Links The 7 Hottest IPOs On Wall Street’s 2026 WatchlistMarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.Get This Free Report This page (NASDAQ:FWDI) was last updated on 5/24/2026 by MarketBeat.com Staff. From Our PartnersHey, it's Jon Najarian. The SpaceX IPO is right around the corner. But I discovered Elon may have something BIGGER planned. Check this out before June 9th...After being invited to the SpaceX launch headquarters in Cape Canaveral from one of Elon's top lobbyists… Hall...Banyan Hill Publishing | SponsoredSpaceX eyes a 1.75 trillion valuation - here's what to knowElon Musk's team has quietly filed confidential paperwork with the SEC for what Bloomberg estimates could be a...Brownstone Research | SponsoredGoldman Sachs just told you what to buy (most people missed it)Goldman Sachs just revealed that 40% of AI data centers will be crippled by electricity shortages by 2027 - no...Behind the Markets | SponsoredFrom the man who predicted 2008 crash…Porter Stansberry, founder of one of the largest financial research firms in the world, says he's breaking the...Porter & Company | SponsoredA 25,000% opportunityAngel investor Jason Calacanis - who made a fortune on an early Uber stake - says Elon Musk's latest project c...The Oxford Club | SponsoredYour $29.97 book is free todayWhy Some Traders Skip Stocks Entirely You don't need a big account to trade options. In fact, options ca...Profits Run | SponsoredOne coin wired into Elon's visionSpaceX just filed its IPO paperwork. And buried inside that filing was something that should change how every ...Crypto 101 Media | SponsoredPH: Do THESE 4 things to your bank account now …In a few short months, the US government could gain unprecedented powers over personal bank accounts - includi...Weiss Ratings | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added ten stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Forward Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Forward Industries With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In Email Me a Login Link or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.