FWDI

$5.53

Post-MarketAs of Mar 17, 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)
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Peer Comparison

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Whystock Valuation Model

Calculated using a trailing P/E relative model adjusted by sector ROE and historical growth.
Current Price$5.53
Potential Upside
5%
Whystock Fair Value$5.81
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).
$462.54M
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.
-170.72%
Quick Ratio
Pristine liquidity. Sufficient cash to cover all near-term obligations.
2.92

Recent News

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.
CoinDesk
Feb 7, 2026

SOL-focused Forward Industries has had a tough run, but CIO says it's positioned for success

With no debt and the largest public solana treasury, Forward Industries' CIO says it can play offense and consolidate rivals as the sector strains.

BEARISH
Negative press. News cycle fixated on risk factors or misses.
Reuters
Feb 5, 2026

Bitcoin slump shakes companies that jumped on crypto-hoarding bandwagon

Turbulence in the cryptocurrency market is dragging down shares of companies that hold bitcoin and other digital assets on their balance sheets, sparking concerns over potential broader strains in the sector. The number of publicly ​traded companies investing in cryptocurrencies in the hope they would appreciate boomed last year. Many were buoyed by U.S. President Donald ‌Trump's crypto-friendly stance and inspired by the meteoric success of billionaire Michael Saylor's Strategy, which started out as software company MicroStrategy and began buying and holding ​bitcoin in 2020.

BULLISH
Positive press. Headlines skewed toward growth and analyst upgrades.