Forward Industries, Inc. is a Solana (SOL) focused digital asset treasury company. It is focused on buying, holding, stake, trade, investing in, and growing SOL and SOL related digital assets, protocols and businesses. It is building and managing the Solana treasury for long-term shareholder value. The Company has two reportable segments: digital assets and design. The digital assets segment captures SOL-based yield generated by participating in the Solana networkâ€™s staking protocol, which comprises rewards received from native staking. The design segment consists of two operating segments (IPS and Kablooe) that provide a full spectrum of hardware and software product design and engineering services to customers predominantly located in the United States.

Employees

Sector

Corporate Financial Services

More about the company

Quotes

Date	Price	Change	Volume
22/09/26	$8.600	+5.26%	2,410,724
21/09/26	$8.170	+6.10%	3,326,737
18/09/26	$7.700	+24.19%	6,599,831
17/09/26	$6.200	+3.16%	1,781,067
16/09/26	$6.010	-1.15%	1,947,971

Delayed Quote Nasdaq

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

8.600USD

Average target price

11.83USD

Spread / Average Target

+37.60%

Consensus

EPS Estimates

Revisions to estimates

Quarterly revenue - Rate of surprise

Company calendar

Market Closed - Nasdaq 00:00:00 23/09/2026 +04			5-day change	1st Jan Change
8.600 ^USD	+5.26%		+41.45%	+30.11%

09-22	B. Riley Raises Price Target on Forward Industries to $11 From $9, Keeps Buy Rating	MT
09-15	Forward Industries Makes Updated Non-Binding Proposal to Acquire SkyAI	MT

Market Cap	635M 555M 522M 476M 893M 60.71B 894M 6.26B 2.42B 31B 2.38B 2.33B 99.95B	P/E 2026 *	-0.86x	P/E 2027 *	53.8x
Enterprise Value	635M 555M 522M 476M 893M 60.71B 894M 6.26B 2.42B 31B 2.38B 2.33B 99.95B	EV / Sales 2026 *	11x	EV / Sales 2027 *	11.3x
Free-Float	58.31%	Yield 2026 *	-	Yield 2027 *	-

Markets		Quality
Nasdaq	FWDI	Delayed
CBOE	FWDI	Real-time
Deutsche Boerse AG	23I0	Delayed

09-22	B. Riley Raises Price Target on Forward Industries to $11 From $9, Keeps Buy Rating	MT
09-15	Forward Industries Makes Updated Non-Binding Proposal to Acquire SkyAI	MT
09-03	B. Riley Adjusts Forward Industries Price Target to $9 From $7, Maintains Buy Rating	MT
08-13	B. Riley Adjusts Price Target on Forward Industries to $7 From $8, Maintains Buy Rating	MT
08-13	Forward Industries, Inc., Q3 2026 Earnings Call, Aug 12, 2026
08-13	Forward Industries, Inc. Seeks M&A Opportunities	CI
08-13	Forward Industries Fiscal Q3 Loss Widens, Revenue Rises	MT
08-13	Tranche Update on Forward Industries, Inc.'s Equity Buyback Plan announced on November 4, 2025.	CI
08-13	Forward Industries, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2026	CI
07-21	Forward Industries Says No Takeover Offer for Brera	MT
07-17	Forward Industries, Inc. cancelled the acquisition of SkyAI, Inc..	CI
07-16	Forward Industries, Inc. Announces Appointment of Michael Ashe to Board of Directors, Effective July 15, 2026	CI
07-01	Cantor Fitzgerald Initiates Forward Industries at Overweight With $7.90 Price Target	MT

Forward Industries, Inc. Stock

Stocks

FWDI

US3499321038

Corporate Financial Services

Valuation: Forward Industries, Inc.

Chart: Forward Industries, Inc.

Latest news: Forward Industries, Inc.

Last Transcript: Forward Industries, Inc.

Analysts' recommendations: Forward Industries, Inc.

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Quotes and Performance

Price Extremes

Managers and Directors: Forward Industries, Inc.

Latest insider transactions

Other Corporate Financial Services

Financials

Company Profile

Quotes

Analysts' Consensus

Quarterly revenue - Rate of surprise

09-22	Forward Industries’ SOL Holdings Rise to Approximately 8.16 Million SOL	AQ
09-15	Forward Industries Announces Updated Proposal to Acquire SkyAI, Inc.	AQ
09-09	Forward Industries Urges Shareholders of SkyAI to Vote No at the 2026 Annual Meeting	AQ
08-13	Forward Industries Reports Fiscal Third Quarter 2026 Financial and Operating Results	AQ
07-29	Forward Industries Schedules Fiscal Third Quarter 2026 Conference Call for August 12, 2026 at 5:00 p.m. ET	AQ

15/09/25	Krypto-Unternehmen: Ist die Party vorbei? Crypt On It
11/09/25	Crypto-bedrijven: is het feest voorbij? - cryptonieuws
11/09/25	Criptovalute: la festa è finita? Crypt On It
11/09/25	Criptomonedas: ¿Se acabó la fiesta? - Crypto Recap
15/02/24	Zuversicht und Geldsegen bei Renault und Stellantis

1 day	+5.26%
1 week	+41.45%
Current month	+35.65%
1 month	+67.32%
3 months	+101.41%
6 months	+83.76%
Current year	+30.11%

1 week	6.03	8.76
1 month	5.41	8.76
Current year	3.48	8.82
1 year	3.48	33
3 years	3.1	46
5 years	3.1	46
10 years	3.1	57.46

Manager	Title	Age	Since
Michael Pruitt CEO	Chief Executive Officer	65	16/05/2025
Mark Brazier DFI	Director of Finance/CFO	-	13/04/2026
Ryan Navi CIO	Chief Investment Officer	-	01/12/2025

Director	Title	Age	Since
Sangita Vadilal M. Shah CHM	Chairman	60	-
Michael Pruitt BRD	Director/Board Member	65	10/09/2025
Keith Johnson BRD	Director/Board Member	68	16/05/2025

Date	Insider	Type	Main position	Quantity	% Market Cap.
08/08/26	Ryan Navi	Free	Chief Investment Officer	146,956	0.1993%
08/08/26	Georgia Quinn	Free	General Counsel	146,956	0.1993%
08/08/26	Mark Brazier	Free	Chief Financial Officer	137,500	0.1864%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
FORWARD INDUSTRIES, INC.	+5.26%	+41.45%	-69.16%	+8.86%	635M
MITSUBISHI HC CAPITAL INC.	-1.42%	+0.04%	+11.79%	+31.73%	12.61B
POWER FINANCE CORPORATION LIMITED	-0.07%	-0.12%	-16.30%	+45.09%	11.94B
INDIAN RAILWAY FINANCE CORPORATION LIMITED	+0.88%	+2.28%	-36.56%	+5.14%	10.94B
REC LIMITED	+0.68%	-1.09%	-20.03%	+14.35%	8.46B
L&T FINANCE LIMITED	+1.21%	+4.38%	+25.18%	+148.25%	7.96B
ELEMENT FLEET MANAGEMENT CORP.	-0.68%	-0.92%	-33.78%	+25.29%	6.9B
CHAILEASE HOLDING COMPANY LIMITED	-2.26%	-3.14%	-7.43%	-35.43%	5.95B
ALTIUS TELECOM INFRASTRUCTURE TRUST	-0.28%	+2.63%	+15.89%	+12.54%	5.58B
Average	+0.37%	+3.37%	-14.49%	+28.42%	7.89B
Weighted average by Cap.	-0.13%	-0.91%	-9.12%	+32.91%

	2026 *	2027 *
Net sales	57.61M 50.34M 47.31M 43.18M 81.04M 5.51B 81.05M 568M 219M 2.81B 216M 212M 9.07B	56M 48.94M 46M 41.97M 78.78M 5.35B 78.79M 552M 213M 2.73B 210M 206M 8.81B
Net income	-889M -777M -730M -666M -1.25B -84.95B -1.25B -8.76B -3.38B -43.38B -3.34B -3.26B -140B	14.91M 13.03M 12.25M 11.18M 20.98M 1.43B 20.98M 147M 56.72M 728M 56M 54.77M 2.35B
Net Debt	-	-