FWDI

$4.68-0.27 (-5.45%)

Market ClosedAs of Mar 20, 8:00 PM UTC

Forward Industries, Inc., together with its subsidiaries, provides hardware and software product design and engineering services primarily in the United States.

Historical Price

Price (Line)
50-Day SMA
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Peer Comparison

AMZNTSLAHD

Whystock Valuation Model

Calculated using a trailing P/E relative model adjusted by sector ROE and historical growth.
Current Price$4.68
Potential Upside
5%
Whystock Fair Value$4.91
Price
UndervaluedFair ValueOvervalued

Fundamentals

SectorConsumer Cyclical
IndustryFootwear & Accessories

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, engine...

Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$391.44M
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
-
Beta
Defensive asset. Lower volatility than the S&P 500.
0.84
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROIC
Average efficiency. Growth may require heavy reinvestment.
-85.36%
Quick Ratio
Pristine liquidity. Sufficient cash to cover all near-term obligations.
6.24

Recent News

TipRanks
Mar 20, 2026

Forward Industries announces 6.16M share repurchase for $27.4M

Forward Industries (FWDI) entered into an agreement to repurchase 6,164,324 shares of its common stock from an institutional investor in a privately negotiated transaction. The total purchase cost is $27.4 million. The transaction will reduce Forward’s common shares outstanding from 83,142,133 to 76,977,809. As of December 31st, 2025, Forward held 6,962,501 SOL and had 111,591,332 fully diluted shares outstanding resulting in a SOL-per-share of approximately 0.0624. As of March 18th, 2026 and fo

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
decrypt
Mar 19, 2026

Solana Treasury Forward Industries Uses Loan to Buy Back Shares After 89% Price Dive

Solana treasury firm Forward Industries bought back more than 6 million shares for $27.4 million as it seeks to add shareholder value.

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
BeInCrypto
Feb 27, 2026

Forward Industries Eyes Berkshire Hathaway Status as SOL Losses Near $1 Billion

Forward Industries records nearly $1 billion in unrealized losses on Solana, but stays focused on long-term goals.

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.
Moby
Feb 13, 2026

Forward Industries, Inc. Q1 2026 Earnings Call Summary

Moby summary of Forward Industries, Inc.'s Q1 2026 earnings call

NEUTRAL
Neutral flow. Standard news cycle with no clear sentiment tilt.
GuruFocus.com
Feb 13, 2026

Forward Industries Inc (FWDI) Q1 2026 Earnings Call Highlights: Revenue Surge and Strategic ...

Despite a significant revenue increase and innovative blockchain moves, Forward Industries Inc (FWDI) faces challenges with net losses and market volatility.

BEARISH
Negative press. News cycle fixated on risk factors or misses.