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
04/26/04	$6.430	+4.55%	15,71,715
03/26/03	$6.150	+2.67%	8,15,011
02/26/02	$5.990	-5.67%	15,54,646
30/26/30	$6.350	-8.50%	18,04,657
29/26/29	$6.940	-4.54%	11,95,982

Delayed Quote Nasdaq

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

6.430USD

Average target price

11.83USD

Spread / Average Target

+84.03%

Consensus

EPS Estimates

Evolution of Analysts' Estimates - EPS - Forward Industries, Inc.

Revisions to estimates

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Forward Industries, Inc.

Company calendar

Market Closed - Nasdaq 02:30:00 05/11/2026 am IST			5-day change	1st Jan Change
6.430 ^USD	+4.55%		-11.55%	-2.72%

12/10	SkyAI Plans $201 Million Tender Offer; Rejects Forward Industries Acquisition Bid	MT
25/09	Forward Industries Closes $25 Million Direct Offering	MT

Market Cap	47Cr 42Cr 39Cr 35Cr 66Cr 4.49TCr 68Cr 463.78Cr 185.92Cr 2.38TCr 178.23Cr 174.42Cr 7.52TCr	P/E 2026 *	-0.65x	P/E 2027 *	40.2x
Enterprise Value	47Cr 42Cr 39Cr 35Cr 66Cr 4.49TCr 68Cr 463.78Cr 185.92Cr 2.38TCr 178.23Cr 174.42Cr 7.52TCr	EV / Sales 2026 *	8.24x	EV / Sales 2027 *	8.48x
Free-Float	58.98%	Yield 2026 *	-	Yield 2027 *	-

Markets		Quality
Nasdaq	FWDI	Delayed
CBOE	FWDI	Real-time
Mexican S.E.	FWDI *	End-of-day quote
Deutsche Boerse AG	23I0	Delayed

12/10	SkyAI Plans $201 Million Tender Offer; Rejects Forward Industries Acquisition Bid	MT
25/09	Forward Industries Closes $25 Million Direct Offering	MT
24/09	Financial Shares Get Hurt in Equities Selloff-- Financials Roundup	DJ
23/09	Forward Industries to Raise $25 Million in Registered Direct Offering	MT
22/09	B. Riley Raises Price Target on Forward Industries to $11 From $9, Keeps Buy Rating	MT
21/09	Forward Industries, Inc.(NasdaqCM:FWDI) added to S&P Global BMI Index	CI
15/09	Forward Industries Makes Updated Non-Binding Proposal to Acquire SkyAI	MT
03/09	B. Riley Adjusts Forward Industries Price Target to $9 From $7, Maintains Buy Rating	MT
13/08	B. Riley Adjusts Price Target on Forward Industries to $7 From $8, Maintains Buy Rating	MT
13/08	Forward Industries, Inc., Q3 2026 Earnings Call, Aug 12, 2026
13/08	Forward Industries, Inc. Seeks M&A Opportunities	CI
13/08	Forward Industries Fiscal Q3 Loss Widens, Revenue Rises	MT
13/08	Tranche Update on Forward Industries, Inc.'s Equity Buyback Plan announced on November 4, 2025.	CI

Forward Industries, Inc. Share Price

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.

Press Releases: Forward Industries, Inc.

News in other languages: Forward Industries, Inc.

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

02/10	Forward Industries Grows SOL Holdings by 949K to 8.5 Million SOL in Fiscal Fourth Quarter, Increasing SOL per Share to 0.0806	AQ
25/09	Forward Industries Completes $25 Million Registered Direct Offering with an Institutional Investor	AQ
23/09	Forward Industries Announces $25 Million Registered Direct Offering with Institutional Investor	AQ
22/09	Forward Industries’ SOL Holdings Rise to Approximately 8.16 Million SOL	AQ
15/09	Forward Industries Announces Updated Proposal to Acquire SkyAI, Inc.	AQ

15/25/15	Krypto-Unternehmen: Ist die Party vorbei? Crypt On It
12/25/12	Crypto-bedrijven: is het feest voorbij? - cryptonieuws
11/25/11	Criptovalute: la festa è finita? Crypt On It
11/25/11	Criptomonedas: ¿Se acabó la fiesta? - Crypto Recap
15/24/15	Zuversicht und Geldsegen bei Renault und Stellantis

1 day	+4.55%
1 week	-11.55%
Current month	+1.26%
1 month	-21.20%
3 months	+52.37%
6 months	+43.21%
Current year	-2.72%

1 week	5.96	6.78
1 month	5.96	8.43
Current year	3.48	8.82
1 year	3.48	11.23
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	1,46,956	0.1993%
08/08/26	Georgia Quinn	Free	General Counsel	1,46,956	0.1993%
08/08/26	Mark Brazier	Free	Chief Financial Officer	1,37,500	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.	+4.55%	-11.55%	-38.41%	-8.14%	47Cr
FEDERAL NATIONAL MORTGAGE ASSOCIATION	+6.62%	+62.89%	-37.17%	+793.00%	2.75TCr
AERCAP HOLDINGS N.V.	+2.04%	+6.59%	+26.60%	+153.47%	2.47TCr
FEDERAL HOME LOAN MORTGAGE CORPORATION	+4.22%	+62.91%	-38.93%	+798.48%	1.41TCr
MITSUBISHI HC CAPITAL INC.	+3.60%	+4.04%	+11.88%	+35.20%	1.18TCr
POWER FINANCE CORPORATION LIMITED	+2.08%	+2.70%	-14.72%	+26.27%	1.13TCr
INDIAN RAILWAY FINANCE CORPORATION LIMITED	+2.92%	+5.86%	-33.35%	+10.10%	1.08TCr
AFRICAN EXPORT-IMPORT BANK	0.00%	0.00%	+28.57%	+27.21%	891.36Cr
REC LIMITED	+3.24%	+0.05%	-18.31%	-2.60%	799.67Cr
Average	+3.26%	+0.08%	-12.65%	+203.67%	1.31TCr
Weighted average by Cap.	+3.56%	+1.90%	-10.28%	+322.46%

	2026 *	2027 *
Net sales	5.76Cr 5.13Cr 4.71Cr 4.28Cr 8.04Cr 544.41Cr 8.23Cr 56Cr 23Cr 288.14Cr 22Cr 21Cr 912.78Cr	5.6Cr 4.99Cr 4.58Cr 4.16Cr 7.82Cr 529.25Cr 8Cr 55Cr 22Cr 280.11Cr 21Cr 21Cr 887.36Cr
Net income	-89Cr -79Cr -73Cr -66Cr -124.06Cr -8.4TCr -126.89Cr -867.91Cr -347.92Cr -4.44TCr -333.54Cr -326.4Cr -14TCr	1.49Cr 1.33Cr 1.22Cr 1.11Cr 2.08Cr 140.92Cr 2.13Cr 15Cr 5.84Cr 75Cr 5.6Cr 5.48Cr 236.28Cr
Net Debt	-	-