Forward Industries (FWDI) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $3.62 to $3.92
• 50-Day Range: $3.69 to $5.07
• 52-Week Range: $3.62 to $46.00
• Volume: 919,498 shs
• Average Volume: 1.06 million shs
• Market Capitalization: $275.57 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.00
• Consensus Rating: Hold

Forward Industries Stock Analysis - MarketRank™

Forward Industries scored higher than 46% of companies evaluated by MarketBeat, and ranked 37th out of 87 stocks in the manufacturing sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Hold

Consensus Rating

Forward 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 Potential

Forward Industries has a consensus price target of $7.00, representing about 89.7% upside from its current price of $3.69.

Amount of Analyst Coverage

Forward Industries has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings 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 Market

The P/E ratio of Forward Industries is -1.80, 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. Sector

The P/E ratio of Forward Industries is -1.80, 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 Ratio

Forward Industries has a P/B Ratio of 0.21. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.17% of the float of Forward Industries has been sold short.

Short Interest Ratio / Days to Cover

Forward Industries has a short interest ratio ("days to cover") of 1.79, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Forward Industries has recently increased by 53.23%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Forward Industries does not currently pay a dividend.

Dividend Growth

Forward Industries does not have a long track record of dividend growth.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 1 people have searched for FWDI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.6 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Forward Industries insiders have not sold or bought any company stock.

Percentage Held by Insiders

15.90% 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 Institutions

Forward Industries has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 5/14/2026
• Today: 6/07/2026
• Fiscal Year End: 9/30/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Manufacturing
• Industry: Misc. Plastic Products
• Sub-Industry: Rubber And Plastic Products
• Current Symbol: NASDAQ:FWDI
• Previous Symbol: NYSEARCA:FWDI
• CIK: 38264
• Web: N/A
• Phone: (631) 547-3055
• Fax: 954-360-2530
• Employees: 100
• Year Founded: 1961

Price Target and Rating

• Average Price Target for Forward Industries: $7.00
• High Price Target: $7.00
• Low Price Target: $7.00
• Potential Upside/Downside: +89.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net 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 Ratio: N/A
• Current Ratio: 0.40
• Quick Ratio: 0.40

Sales & Book Value

• Annual Sales: $18.19 million
• Price / Sales: 15.15
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $17.28 per share
• Price / Book: 0.21

Miscellaneous

• Outstanding Shares: 74,680,000
• Free Float: 62,806,000
• Market Cap: $275.57 million
• Optionable: N/A
• Beta: 0.78