FWDI logo

FORWARD INDUSTRIES INC

FWDINASDAQ
🏆 #2793 by market capEarnings Dec 11US Equity
$7.27▲ $0.30 (+4.30%)
🌅 Pre-market$6.98▼ 3.99%Regular close · extended-hours price shown
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24h▲ 4.3%
7d▲ 4.0%
14d▲ 1.7%
30d▼ 9.1%
ytd▲ 10.2%
1y▼ 49.3%
🏦Market Cap
$555M
Small Cap
📈Revenue Growth (YoY)
-39.8%
Declining
📊Gross Margin
70.6%
High
💵FCF Margin
-34.6%
Thin
⚖️P/S Ratio
10.4x
Elevated
Otter Score
48
Weak

Trading Snapshot

Day Range
$6.83 – $7.28
52-Week Range
$3.48 – $15.92
Volume (shares)
1,143,693
Avg Volume (shares)
—
Shares Outstanding
76.3M
Next Earnings
2026-12-11

Fundamentals Snapshot

Annual Revenue
$18M
Last Q Revenue
$11M
P/E Ratio
-0.6
P/S Ratio
10.4x
EPS (TTM)
$-12.71
Dividend Yield
0.00%
Dilution (1yr)
+800.0%
FWDI logo

FORWARD INDUSTRIES INC

FWDI
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$18M▼ −39.8% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
28.5%▲ +38.8% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
−$6M▲ +229.4% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
−$5M▼ −1096.0% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
99.1M▲ +800.0% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
$19M▲ +$20M YoY
StockOtter · stockotter.space

About FORWARD INDUSTRIES INC

Forward Industries, Inc., together with its subsidiaries, provides hardware and software product design and engineering services primarily in the United States. The company operates through Design and Digital Assets segments. It offers design, engineering, and development services for consumer and industrial electronics products, such as medical products, smart displays, beverage vending, enterprise and mobile software applications, lighting, security and detections systems, cameras, wearables, and vehicle controls. The company also provides electrical, mechanical, software, and optical engineering services; industrial design and user experience/user interface design and development; and program management, IoT system architecture, and IT support services. Forward Industries, Inc. was incorporated in 1961 and is based in Hauppauge, New York.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5★ and equally weighted (20%), averaged to a 0–100 score:💎 Quality — gross margin🚀 Growth — revenue YoY⚖️ Valuation — P/S ratio⚡ Momentum — 30-day price change💧 Dilution — 1-yr share issuance (buybacks score higher)
💎Quality★★★★★
🚀Growth★★★★★
⚖️Valuation★★★★★
⚡Momentum★★★★★
💧Dilution★★★★★
Overall Score
Weak
48/100

Analyst Ratings

ⓘ
Consensus
Buy
9 analysts
Strong Buy2
Buy6
Hold1
Sell0
Strong Sell0
Ratings as of Oct 2026

Latest News & Updates

247 Wallst·9d ago

SkyAI Sold Its Entire Solana Treasury as Bitmine Topped 6 Million ETH. Which Coin Is the Better Buy?

One crypto treasury company just dumped its entire coin holdings while a rival keeps stacking tokens by the millions, and both moves are sending mixed signals about which asset actually has the stronger case for investor

Defense World·16d ago

Head to Head Analysis: NCR Atleos (NYSE:NATL) versus Forward Industries (NASDAQ:FWDI)

NCR Atleos (NYSE: NATL - Get Free Report) and Forward Industries (NASDAQ: FWDI - Get Free Report) are both finance companies, but which is the better investment? We will contrast the two companies based on the strength o

Defense World·27d ago

Forward Industries (NASDAQ:FWDI) Shares Gap Up – Here’s What Happened

Shares of Forward Industries, Inc. (NASDAQ: FWDI - Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $8.01, but opened at $8.37. Forward Industries shares last traded at $8.14,

GlobeNewsWire·27d ago

Forward Industries Grows SOL Holdings by 949K to 8.5 Million SOL in Fiscal Fourth Quarter, Increasing SOL per Share to 0.0806

Forward Industries increased SOL per Share by 42% annualized, for the quarter. AUSTIN, TX, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the “Company” or “Forward”), the leading Solana treasu

GlobeNewsWire·Sep 24

Forward Industries Completes $25 Million Registered Direct Offering with an Institutional Investor

Proceeds to Expand SOL Holdings and Accelerate SOL Per Share Growth AUSTIN, TX, Sept. 24, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the “Company” or “Forward”), the leading Solana treasury company

Proactive Investors·Sep 23

Forward Industries shares fall after $25 million share offering

Shares of Forward Industries (NASDAQ: FWDI), the Solana-focused digital asset treasury company, are trading more than 4% lower at $8.21 in mid-morning trading on Wednesday after the company announced a $25 million regist