FWDI

Forward Industries, Inc.
NASDAQCONSUMER CYCLICALFOOTWEAR & ACCESSORIES

Key Statistics

Market Cap
$642.35M
P/E Ratio
—
EPS
$-30.23
Beta
0.89
52W High
$30.32
52W Low
$3.48
50-Day MA
$5.40
200-Day MA
$5.31
Dividend Yield
—
Profit Margin
0.00%
Forward P/E
44.44
PEG Ratio
2.53

About Forward Industries, Inc.

Forward Industries, Inc., designs, manufactures, sources, markets, and distributes carry and protective solutions. The company is headquartered in Hauppauge, New York.

Official WebsiteUSAFY End: September

Fundamentals

Revenue (TTM)$53.12M
Gross Profit (TTM)$37.48M
EBITDA$10.17M
Operating Margin-6.75%
Return on Equity-461.40%
Return on Assets2.05%
Revenue/Share (TTM)$0.70
Book Value$6.42
Price-to-Book1.25
Price-to-Sales (TTM)12.09
EV/Revenue13.18
EV/EBITDA20.80
Quarterly Earnings Growth (YoY)0.00%
Quarterly Revenue Growth (YoY)332.10%
Shares Outstanding$76.29M
Float$69.41M
% Insiders31.74%
% Institutions44.10%

Historical Volatility

HV 10-Day
144.73%
HV 20-Day
124.22%
HV 30-Day
111.55%
HV 60-Day
97.40%
HV Rank
—

Volatility is currently expanding

Analyst Ratings

Consensus ($11.83 target)
3
Buy

Latest News

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 registered direct offering. The offering involves the sale of 3.125 million common shares to an institutional investor at $8 a share, with gross proceeds expected to reach about $25 million before fees and expenses.

Proactive Investors9/23/2026Negative
UPDATE: Forward Industries Announces $25 Million Registered Direct Offering with Institutional Investor

Company Intends to Use Proceeds to Acquire SOL AUSTIN, TX, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or "Forward"), the leading Solana treasury company, today announced that it has entered into a securities purchase agreement with an institutional investor for the purchase and sale of 3,125,000 shares of the Company's common stock at a price of $8.00 per share.

GlobeNewsWire9/23/2026Neutral
Forward Industries Announces $25 Million Registered Direct Offering with Institutional Investor

Company Intends to Use Proceeds to Acquire SOL AUSTIN, TX, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or "Forward"), the leading Solana treasury company, today announced that it has entered into a securities purchase agreement with an institutional investor for the purchase and sale of 3,125,000 shares of the Company's common stock at a price of $8.00 per share.

GlobeNewsWire9/23/2026Neutral
Forward Industries Reports Fiscal Third Quarter 2026 Financial and Operating Results

Management to Host Conference Call Today at 5:00 p.m. Eastern Time AUSTIN, TX, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the “Company” or “Forward”), the leading Solana treasury company, today announced its financial and operating results for its fiscal third quarter ended June 30, 2026, along with an update on its SOL treasury strategy.

GlobeNewsWire8/12/2026Neutral
Forward Industries Schedules Fiscal Third Quarter 2026 Conference Call for August 12, 2026 at 5:00 p.m. ET

AUSTIN, TX, July 29, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward”), the leading Solana treasury company, today announced that it will host a conference call on Wednesday, August 12, 2026, at 5:00 p.m. Eastern Time to discuss its financial and operating results for the fiscal third quarter ended June 30, 2026, along with an update on its SOL treasury strategy. The Company plans to release its financial results in a press release prior to the call.

GlobeNewsWire7/29/2026Neutral

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Data last updated: 9/26/2026