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Forward Industries (FWDI) Competitors

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$4.86 -0.22 (-4.23%)
As of 12:28 PM Eastern
This is a fair market value price provided by Massive. Learn more.

FWDI vs. ASST, SBET, CODI, CNNE, and TRON

Should you buy Forward Industries stock or one of its competitors? Forward Industries's main competitors and comparable companies include Strive (ASST), Sharplink Gaming (SBET), Compass Diversified (CODI), Cannae (CNNE), and Tron (TRON). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "multi-sector holdings" industry.

How does Forward Industries compare to Strive?

Forward Industries (NASDAQ:FWDI) and Strive (NASDAQ:ASST) are both small-cap finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, risk, valuation, dividends, analyst recommendations, profitability, media sentiment and earnings.

Forward Industries has a beta of 0.92, suggesting that its share price is 8% less volatile than the broader market. Comparatively, Strive has a beta of 13.32, suggesting that its share price is 1,232% more volatile than the broader market.

In the previous week, Strive had 17 more articles in the media than Forward Industries. MarketBeat recorded 24 mentions for Strive and 7 mentions for Forward Industries. Forward Industries' average media sentiment score of 0.49 beat Strive's score of 0.38 indicating that Forward Industries is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Forward Industries
2 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Strive
4 Very Positive mention(s)
9 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

Forward Industries has higher revenue and earnings than Strive. Strive is trading at a lower price-to-earnings ratio than Forward Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Forward Industries$18.19M22.74-$166.97M$0.1242.33
Strive$5.73M331.77-$420.59M-$3.60N/A

Forward Industries has a net margin of -2,073.82% compared to Strive's net margin of -2,235.22%. Forward Industries' return on equity of -18.05% beat Strive's return on equity.

Company Net Margins Return on Equity Return on Assets
Forward Industries-2,073.82% -18.05% -17.03%
Strive -2,235.22%-29.27%-16.75%

5.5% of Strive shares are held by institutional investors. 15.9% of Forward Industries shares are held by company insiders. Comparatively, 2.7% of Strive shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Forward Industries presently has a consensus target price of $13.50, indicating a potential upside of 165.75%. Strive has a consensus target price of $32.80, indicating a potential upside of 47.42%. Given Forward Industries' higher probable upside, analysts clearly believe Forward Industries is more favorable than Strive.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Forward Industries
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25
Strive
1 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.57

Summary

Forward Industries beats Strive on 8 of the 15 factors compared between the two stocks.

How does Forward Industries compare to Sharplink Gaming?

Forward Industries (NASDAQ:FWDI) and Sharplink Gaming (NASDAQ:SBET) are both small-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, valuation, media sentiment, analyst recommendations, risk, institutional ownership and dividends.

13.8% of Sharplink Gaming shares are owned by institutional investors. 15.9% of Forward Industries shares are owned by company insiders. Comparatively, 3.6% of Sharplink Gaming shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Forward Industries has a beta of 0.92, suggesting that its share price is 8% less volatile than the broader market. Comparatively, Sharplink Gaming has a beta of 11.23, suggesting that its share price is 1,023% more volatile than the broader market.

Sharplink Gaming has a net margin of -2,012.44% compared to Forward Industries' net margin of -2,073.82%. Forward Industries' return on equity of -18.05% beat Sharplink Gaming's return on equity.

Company Net Margins Return on Equity Return on Assets
Forward Industries-2,073.82% -18.05% -17.03%
Sharplink Gaming -2,012.44%-37.15%-37.01%

In the previous week, Sharplink Gaming had 7 more articles in the media than Forward Industries. MarketBeat recorded 14 mentions for Sharplink Gaming and 7 mentions for Forward Industries. Sharplink Gaming's average media sentiment score of 0.78 beat Forward Industries' score of 0.49 indicating that Sharplink Gaming is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Forward Industries
2 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Sharplink Gaming
3 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Forward Industries presently has a consensus price target of $13.50, suggesting a potential upside of 165.75%. Sharplink Gaming has a consensus price target of $15.57, suggesting a potential upside of 169.87%. Given Sharplink Gaming's stronger consensus rating and higher probable upside, analysts plainly believe Sharplink Gaming is more favorable than Forward Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Forward Industries
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25
Sharplink Gaming
1 Sell rating(s)
0 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.78

Forward Industries has higher earnings, but lower revenue than Sharplink Gaming. Forward Industries is trading at a lower price-to-earnings ratio than Sharplink Gaming, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Forward Industries$18.19M22.74-$166.97M$0.1242.33
Sharplink Gaming$28.06M44.69-$734.59M$0.0782.43

Summary

Sharplink Gaming beats Forward Industries on 10 of the 15 factors compared between the two stocks.

How does Forward Industries compare to Compass Diversified?

Compass Diversified (NYSE:CODI) and Forward Industries (NASDAQ:FWDI) are both small-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, valuation, dividends, analyst recommendations, earnings, profitability and risk.

72.7% of Compass Diversified shares are held by institutional investors. 1.6% of Compass Diversified shares are held by company insiders. Comparatively, 15.9% of Forward Industries shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Forward Industries has lower revenue, but higher earnings than Compass Diversified. Compass Diversified is trading at a lower price-to-earnings ratio than Forward Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Compass Diversified$1.87B0.47-$226.41M-$0.90N/A
Forward Industries$18.19M22.74-$166.97M$0.1242.33

In the previous week, Forward Industries had 6 more articles in the media than Compass Diversified. MarketBeat recorded 7 mentions for Forward Industries and 1 mentions for Compass Diversified. Forward Industries' average media sentiment score of 0.49 beat Compass Diversified's score of 0.02 indicating that Forward Industries is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Compass Diversified
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Forward Industries
2 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Compass Diversified has a beta of 1.29, indicating that its stock price is 29% more volatile than the broader market. Comparatively, Forward Industries has a beta of 0.92, indicating that its stock price is 8% less volatile than the broader market.

Compass Diversified has a net margin of -0.05% compared to Forward Industries' net margin of -2,073.82%. Compass Diversified's return on equity of 72.69% beat Forward Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Compass Diversified-0.05% 72.69% 2.69%
Forward Industries -2,073.82%-18.05%-17.03%

Compass Diversified currently has a consensus target price of $17.00, indicating a potential upside of 44.03%. Forward Industries has a consensus target price of $13.50, indicating a potential upside of 165.75%. Given Forward Industries' higher probable upside, analysts clearly believe Forward Industries is more favorable than Compass Diversified.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Compass Diversified
1 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.43
Forward Industries
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

Summary

Compass Diversified beats Forward Industries on 8 of the 15 factors compared between the two stocks.

How does Forward Industries compare to Cannae?

Cannae (NYSE:CNNE) and Forward Industries (NASDAQ:FWDI) are both small-cap finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, earnings, dividends, media sentiment, profitability, risk, institutional ownership and analyst recommendations.

Cannae presently has a consensus price target of $17.00, suggesting a potential downside of 0.79%. Forward Industries has a consensus price target of $13.50, suggesting a potential upside of 165.75%. Given Forward Industries' higher possible upside, analysts plainly believe Forward Industries is more favorable than Cannae.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cannae
1 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33
Forward Industries
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

Cannae has a beta of 1.19, indicating that its share price is 19% more volatile than the broader market. Comparatively, Forward Industries has a beta of 0.92, indicating that its share price is 8% less volatile than the broader market.

Cannae has a net margin of -29.15% compared to Forward Industries' net margin of -2,073.82%. Cannae's return on equity of -7.87% beat Forward Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Cannae-29.15% -7.87% -5.92%
Forward Industries -2,073.82%-18.05%-17.03%

Forward Industries has lower revenue, but higher earnings than Cannae. Cannae is trading at a lower price-to-earnings ratio than Forward Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cannae$423.60M1.59-$513.20M-$2.25N/A
Forward Industries$18.19M22.74-$166.97M$0.1242.33

In the previous week, Cannae had 5 more articles in the media than Forward Industries. MarketBeat recorded 12 mentions for Cannae and 7 mentions for Forward Industries. Forward Industries' average media sentiment score of 0.49 beat Cannae's score of -0.01 indicating that Forward Industries is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cannae
1 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Forward Industries
2 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

88.1% of Cannae shares are owned by institutional investors. 16.7% of Cannae shares are owned by company insiders. Comparatively, 15.9% of Forward Industries shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Cannae beats Forward Industries on 9 of the 14 factors compared between the two stocks.

How does Forward Industries compare to Tron?

Tron (NASDAQ:TRON) and Forward Industries (NASDAQ:FWDI) are both small-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, valuation, analyst recommendations, dividends, institutional ownership, profitability, media sentiment and earnings.

Tron has a beta of 8.78, suggesting that its share price is 778% more volatile than the broader market. Comparatively, Forward Industries has a beta of 0.92, suggesting that its share price is 8% less volatile than the broader market.

Tron has a net margin of 186.80% compared to Forward Industries' net margin of -2,073.82%. Tron's return on equity of 2.29% beat Forward Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Tron186.80% 2.29% 2.26%
Forward Industries -2,073.82%-18.05%-17.03%

28.0% of Tron shares are owned by institutional investors. 86.2% of Tron shares are owned by company insiders. Comparatively, 15.9% of Forward Industries shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

In the previous week, Tron had 2 more articles in the media than Forward Industries. MarketBeat recorded 9 mentions for Tron and 7 mentions for Forward Industries. Forward Industries' average media sentiment score of 0.49 beat Tron's score of 0.29 indicating that Forward Industries is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tron
1 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Forward Industries
2 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Forward Industries has a consensus target price of $13.50, indicating a potential upside of 165.75%. Given Forward Industries' stronger consensus rating and higher possible upside, analysts plainly believe Forward Industries is more favorable than Tron.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tron
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
Forward Industries
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

Tron has higher earnings, but lower revenue than Forward Industries. Tron is trading at a lower price-to-earnings ratio than Forward Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tron$4.74M144.13-$16.81M-$0.11N/A
Forward Industries$18.19M22.74-$166.97M$0.1242.33

Summary

Tron beats Forward Industries on 9 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FWDI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FWDI vs. The Competition

MetricForward IndustriesFinancial Services IndustryFinance SectorNASDAQ Exchange
Market Cap$394.58M$31.64B$14.14B$12.01B
Dividend YieldN/A7.10%4.88%4.50%
P/E Ratio40.3823.1920.4830.36
Price / Sales21.787.024.845.82
Price / CashN/A20.7220.3222.80
Price / Book0.282.981.813.77
Net Income-$166.97M$1.16B$1.33B$390.55M
7 Day Performance-14.65%-2.27%0.03%-0.58%
1 Month Performance-32.34%-5.09%-0.68%-6.84%
1 Year PerformanceN/A-10.18%4.71%-6.12%

Forward Industries Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FWDI
Forward Industries
2.67 of 5 stars
$4.87
-4.2%
$13.50
+177.5%
N/A$394.58M$18.19M40.3860
ASST
Strive
4.4017 of 5 stars
$20.80
-6.3%
$33.20
+59.6%
-13.8%$1.78B$4.95MN/A28
SBET
Sharplink Gaming
2.9031 of 5 stars
$6.49
-3.7%
$16.00
+146.5%
-50.1%$1.46B$50.20M129.8015
CODI
Compass Diversified
3.5685 of 5 stars
$11.66
+4.6%
$17.00
+45.8%
+113.7%$810.29M$1.87BN/A4,097
CNNE
Cannae
1.1413 of 5 stars
$17.59
+2.6%
$17.00
-3.4%
+7.0%$730.86M$423.60MN/A6,602

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This page (NASDAQ:FWDI) was last updated on 11/13/2026 by MarketBeat.com Staff.
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