NASDAQ:FWDI Forward Industries (FWDI) Stock Price, News & Analysis $6.01 -0.07 (-1.15%) Closing price 04:00 PM EasternExtended Trading$5.90 -0.12 (-1.91%) As of 07:57 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 ForecastsChartCompetitorsEarningsFinancialsNews and TrendsOwnershipSEC FilingsShort Interest 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$5.76▼$6.2350-Day Range$3.80▼$6.9552-Week Range$3.48▼$35.75Volume1.94 million shsAverage Volume2.19 million shsMarket Capitalization$443.84 millionP/E Ratio50.08Dividend YieldN/APrice Target$12.50Consensus RatingHold Company Overview Forward Industries, Inc. (NASDAQ: FWDI) is a product design, development and manufacturing company that creates solutions for medical, industrial, consumer electronics and other specialized markets. The company is known for developing protective and carrying products, including custom cases, bags, backpacks and related accessories designed to support the transportation and use of electronic and technical equipment. Forward Industries serves original equipment manufacturers, distributors and other business customers through customized product development and manufacturing programs. Its offerings are designed for applications such as medical devices, industrial equipment, automotive products and consumer electronics, with an emphasis on product protection, functionality and branding. In addition to its traditional case and carrying-product operations, the company has expanded its capabilities through design and engineering services. These services support the development of connected products and other technology-based solutions, extending Forward Industries’ role from contract product supplier to a broader product-development partner. The company was founded in 1961 and is headquartered in Hauppauge, New York, with business activities serving customers in the United States and international markets.AI Generated. May Contain Errors. Read More Forward Industries Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks57th Percentile Overall ScoreFWDI MarketRank™: Forward Industries scored higher than 57% of companies evaluated by MarketBeat, and ranked 544th out of 851 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion4.0 / 5Analyst RatingHold Consensus RatingForward Industries has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on no strong buy ratings, 3 buy ratings, 1 hold rating, and 1 sell rating.Upside PotentialForward Industries has a consensus price target of $12.50, representing about 108.0% upside from its current price of $6.01.Amount of Analyst CoverageForward Industries has only been the subject of 4 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 ($0.40) to $0.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Forward Industries is 50.08, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Forward Industries is 50.08, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 25.21.Price to Book Value per Share RatioForward Industries has a P/B Ratio of 0.35. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted9.96% 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 2.61, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Forward Industries has recently increased by 2.85%, indicating that investor sentiment is decreasing. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldForward Industries does not currently pay a dividend.Dividend GrowthForward Industries does not have a long track record of dividend growth. News and Social Media2.0 / 5News Sentiment0.27 News SentimentForward Industries has a news sentiment score of 0.27. 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 0.82 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles 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 consensus price target raised 42.55% to $11.39September 15 at 6:21 PM | msn.comForward Industries Raises SkyAI Acquisition Offer To $2.13/ShareSeptember 15 at 1:16 PM | rttnews.comJon Najarian's #1 Energy Trade for 2026Jon Najarian says he's never been more excited about an energy opportunity. SpaceX just went public at over $2 trillion, with Anthropic and OpenAI preparing IPOs of their own. But Najarian's top pick isn't an IPO. It's a small American company with a $6 billion market cap powering Elon Musk's newest venture, dubbed the Infinite Power Grid. The full story is laid out in his newly released presentation.September 16 at 1:00 AM | Banyan Hill Publishing (Ad)Forward Industries Makes Updated Non-Binding Proposal to Acquire SkyAISeptember 15 at 1:16 PM | finance.yahoo.comForward Industries Sweetens SkyAI Takeover Offer to 50% PremiumSeptember 15 at 1:16 PM | finance.yahoo.comForward Industries Announces Updated Proposal to Acquire SkyAI, Inc.September 15 at 9:30 AM | globenewswire.comPennyMac Financial Services (NYSE:PFSI) and Forward Industries (NASDAQ:FWDI) Head to Head ReviewSeptember 12, 2026 | americanbankingnews.comForward Industries Urges Shareholders of SkyAI to Vote No at the 2026 Annual MeetingSeptember 9, 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 start of the year. Since then, FWDI stock has decreased by 9.1% and is now trading at $6.01. How were Forward Industries' earnings last quarter? Forward Industries, Inc. (NASDAQ:FWDI) issued its quarterly earnings results on Wednesday, August, 12th. The company reported ($0.80) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by $0.84. The firm earned $10.78 million during the quarter. Forward Industries had a negative net margin of 2,073.82% and a negative trailing twelve-month return on equity of 18.05%. Who are Forward Industries' major shareholders? Top institutional shareholders of Forward Industries include Bank of New York Mellon Corp (0.23%), ParaFi Capital LP (0.22%) and WINTON GROUP Ltd (0.03%). 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 Earnings8/12/2026Today9/16/2026Fiscal 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. Green Zone (2w+) 1-Year History Sep 25 Dec 25 Mar 26 Jun 26 Sep 26 For the last 2 weeks, FWDI's financial health has been in the Green zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Financial Services Sub-IndustryMulti-Sector Holdings Current SymbolNASDAQ:FWDI Previous SymbolNYSEARCA:FWDI CIK38264 Webforwardindustries.com Phone(631) 547-3055Fax954-360-2530Employees60Year Founded1961Price Target and Rating Average Price Target for Forward Industries$12.50 High Price Target$16.00 Low Price Target$9.00 Potential Upside/Downside+108.0%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Trailing Twelve Months)$0.12 Trailing P/E Ratio50.08 Forward P/E RatioN/A P/E GrowthN/ANet Income-$166.97 million Net Margins-2,073.82% Pretax Margin-2,073.64% Return on Equity-18.05% Return on Assets-17.03% Debt Debt-to-Equity RatioN/A Current Ratio0.17 Quick Ratio0.17 Sales & Book Value Annual Sales$18.19 million Price / Sales24.40 Cash FlowN/A Price / Cash FlowN/A Book Value$17.28 per share Price / Book0.35Miscellaneous Outstanding Shares73,850,000Free Float62,105,000Market Cap$443.84 million OptionableN/A Beta0.88 Social Links 7 Stocks That Will Be Magnificent in 2026Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.Get This Free Report This page (NASDAQ:FWDI) was last updated on 9/16/2026 by MarketBeat.com Staff. From Our PartnersA “bloodbath” Is ComingReports suggest some Silicon Valley billionaires are stockpiling gold, guns, and gas masks - or leaving the co...TradeSmith | SponsoredA new kind of civil war is coming after election day?Across America, AI-driven backlash is fueling protests, lawsuits, and moratoria that could reshape the politic...Stansberry Research | SponsoredTrump goes "all-in" on Grand Canyon energy breakthroughA drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of...Behind the Markets | SponsoredWhy major institutions are piling into this digital asset nowBlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one t...Awesomely | SponsoredThe trade I’ve been waiting for since 2011Ross Givens, Director of Research at Traders Agency, is calling for gold to reach $10,000 an ounce this superc...Traders Agency | SponsoredTSM just handed Trump's secretive AI project $100 billion — See this before September 29Taiwan Semiconductor just pledged another $100 billion to US chip manufacturing, bringing its total US investm...InvestorPlace | SponsoredIran War SHOCK: My Source Told Me to Watch for ThisA Middle Eastern government just asked Trump for military help against Iran-backed forces. One analyst says...Banyan Hill Publishing | SponsoredBlackRock, Vanguard... and a 2.8 million-share buybackManagement just backed a $100 million buyback, repurchasing 2.8 million shares at an average price of $35.26 i...Monument Traders Alliance | 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. Unlock superior investment research and tools. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools and reports. Get MarketBeat All Access 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.