FWDI · Forward Industries, Inc.

NASDAQ NMS - GLOBAL MARKET - Real Time Price • USD

Forward Industries Inc (FWDI)

NASDAQ NMS - GLOBAL MARKET Electrical Equipment
Options chain →
$6.31 -0.37 (-5.47%)
Market open
DAY'S RANGE $6.31
$6.21 $6.46
52-WEEK RANGE $6.31
$3.48 $46.00

What's happening

  • FWDI is down 5.47% today, trading at $6.31. — Live quote
  • Volume today (112,279) is well below its 3-month average of 1,379,000. (Finnhub fundamentals)
  • Last quarter's EPS missed estimates: $-0.80 actual vs. $0.03 estimated (-2452.9%). (Finnhub earnings history)

Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.

Key Statistics

Market Cap$466.0M
P/E (TTM1)
EPS2 (TTM)$-16.56
Div Yield
Beta30.92
Volume112,279
Open6.46
Prev Close6.67
Bid / Ask5.46 / 7.29
Next Earnings 2026-12-11

Analyst Recommendations

Strong buy 2 Buy 6 Hold 1 Sell 0 Strong sell 0

Aggregate ratings for 2026-09-01 (9 analysts polled by Finnhub) — consensus count.

Performance Overview (Trailing returns vs S&P 500 benchmark)

YTD RETURN
FWDI -4.54%
vs S&P 500 -17.48%
1-YEAR RETURN
FWDI -61.42%
vs S&P 500 -80.41%
6-MONTH RETURN
FWDI +44.39%
3-MONTH RETURN
FWDI +58.94%

Valuation Measures & Ratios

Enterprise Value4$572.5M
Forward P/E5
PEG Ratio6-0.00
Price / Sales (TTM1)8.77
Price / Book70.66
EV4 / Revenue10.78
EV4 / EBITDA
Profit Margin-2073.85%
Operating Margin-1771.61%
Return on Equity (ROE8)-130.50%
Return on Assets (ROA9)-123.13%
Avg Volume (3M)1,379,000
Quarterly history (5 periods)
Measure Jun '26Mar '26Dec '25Jun '25Mar '25
Market cap $362.9M $420.3M $654.0M $6.8M $4.5M
P/E -0.39 -0.48 -1.11 -1.98 -1.43
Price/Sales 7.61 10.51 20.65 0.44 0.25
Price/Book 0.77 0.76 0.74 2.02 1.24
EV/Revenue 7.61 10.51 20.65 0.44 0.25
EV/EBITDA -0.39 -0.48 -1.11
ROE -197.92% -157.95% -66.83% -101.74% -86.97%
ROA -155.77% -143.14% -65.92% -41.10% -25.23%

Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E and PEG aren't shown here — both need historical analyst-consensus estimates, which no free source provides; see the current-period figures above instead.

Glossary — what these abbreviations mean
1. TTM
Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
2. EPS
Earnings per share — net income divided by diluted shares outstanding.
3. Beta
A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
4. EV (Enterprise Value)
Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
5. Forward P/E
Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
6. PEG Ratio
P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
7. Price / Book
Share price divided by book value (assets minus liabilities) per share.
8. ROE
Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
9. ROA
Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
10. MRQ
Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
11. YoY
Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.

Short Interest

Shares Short6,015,485
Change from Prior Settlement+1.97%
% of Float
Days to Cover (Short Ratio)7.32

Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-08-14. Reported bi-monthly with a reporting lag — not real-time.

Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.

Price history

Events

Drag horizontally to zoom into a section; use Reset view to restore all observations.

Technical signal summary

Calculating from the latest year of daily price history…

Calculating…
Show Technical Analysis Breakdown ▾ 10 Indicators

Signals describe daily price patterns—not the company’s value and not a recommendation to buy or sell. Read several together; no single indicator predicts what happens next. “Overbought” and “oversold” are conditions, not promises of a reversal.

Indicators None active

Add lines over the price chart or a panel below it. Your choices are saved on this device.

Starter sets
Trend
Oscillators
Volume/volatility
Loading chart…

Free IEX historical data only goes back to ~2021 — 5Y/Full show whatever's actually available, not a promise of that much history. Indicators are computed client-side from these same price bars; earnings markers ("E") come from Finnhub's free tier (~last 4 quarters + next upcoming) — older quarters aren't available. The move-highlight dots are a heuristic (|% change| vs rolling volatility) with a best-effort headline lookup, not a claim of causation.

Peer and sector context

No reviewed peer group is available for this symbol.

Balanced evidence

A deterministic summary of sourced facts—not an AI verdict.

Potential strengths

  • Revenue growth is 332.1% on the provider's reported measure. Finnhub fundamentals ↗
  • Latest SEC filing is Form 4, filed 2026-08-17; review it for current changes and risks. SEC EDGAR ↗

Potential concerns

Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.

Financials

Income statement

Line item Jun '26Mar '26Dec '25Jun '25Mar '25Dec '24Jun '24Mar '24
Revenue $10.8M $13.0M $21.4M $2.5M $3.1M $4.6M $5.0M $5.1M
Gross profit $6.7M $9.1M $16.8M -$621.0K -$178.8K $1.1M $1.3M $1.3M
Operating income -$70.3M -$284.1M -$583.6M -$2.6M -$1.8M -$898.0K -$459.2K -$620.9K
Net income -$69.0M -$283.1M -$585.7M -$850.0K -$1.5M -$708.1K -$399.6K -$553.2K
EPS (diluted) $-0.80 $-2.98 $-5.91 $-0.77 $-1.32 $-0.64 $-0.36 $-0.50
EPS (basic) $-0.80 $-2.98 $-5.91 $-0.77 $-1.32 $-0.64 $-0.36 $-0.50

Balance sheet

Line item Jun '26Mar '26Dec '25Sep '25Jun '25May '25Mar '25Dec '24
Total assets $602.5M $608.5M $892.9M $1.47B $8.3M $12.3M $13.5M
Total liabilities $128.3M $57.1M $12.1M $4.8M $4.9M $8.8M $11.2M
Stockholders' equity $474.2M $551.5M $880.9M $1.47B $3.4M $3.6M $2.3M
Total current assets $22.1M $21.6M $62.9M $41.2M $3.6M $7.7M $8.6M
Total current liabilities $127.8M $54.6M $10.1M $2.7M $2.4M $6.5M $8.8M
Cash & equivalents

Cash flow

Line item Jun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24
Operating cash flow -$3.4M -$4.8M -$7.9M -$2.3M -$1.2M -$537.6K -$434.3K $467.2K
Investing cash flow -$55.8M $3.2M -$1.1M -$901.2M -$218.9K -$1.4K -$5.4K -$15.1K
Financing cash flow $53.5M -$7.1M -$3.8M $940.4M $911.1K $0 $0 $0
Free cash flow -$3.4M -$4.8M -$7.9M -$2.3M -$1.2M -$539.0K -$439.7K $452.1K
Capital expenditures $0 $3.4K $0 -$3 $18.9K $1.4K $5.4K $15.1K
Depreciation & amortization $20.8K $23.3K $25.6K $82.7K $83.0K $82.7K $83.7K $83.5K

Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.

Institutional holders

SEC Form 13F filers holding FWDI as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.

Source: Business Quant SEC Form 13F · report period 2026-06-30 · 31 filers

Held by These Filers43.0%
Shares Outstanding86,694,282
FilerSharesValue% OutQtr ChangeFiled
Galaxy Digital Inc. 8,108,108 $34.2M 9.35% +0.0% 2026-08-14
J Digital 6 LLC 7,947,843 $33.5M 9.17% +0.0% 2026-08-13
BlackRock, Inc. 3,710,811 $15.7M 4.28% +1650.7% 2026-08-07
Alyeska Investment Group, L.P. 3,250,161 $13.7M 3.75% +0.0% 2026-08-14
VANGUARD CAPITAL MANAGEMENT LLC 2,682,734 $11.3M 3.09% +262.2% 2026-06-30
GEODE CAPITAL MANAGEMENT, LLC 1,943,824 $14.3M 2.24% +80.8% 2026-08-12
Ghisallo Capital Management LLC 1,006,882 $4.2M 1.16% +0.0% 2026-08-14
Long Corridor Asset Management Ltd 994,164 $4.2M 1.15% +0.0% 2026-08-11
State Street Corp 988,926 $4.2M 1.14% +211.8% 2026-08-07
Weiss Asset Management LP 904,581 $3.8M 1.04% +0.0% 2026-08-14
Polar Asset Management Partners Inc. 874,537 $3.7M 1.01% -7.5% 2026-08-14
CITADEL ADVISORS LLC 785,784 $3.3M 0.91% +31.3% 2026-08-14
Northern Trust Corp 474,529 $2.0M 0.55% +226.3% 2026-08-12
Nuveen, LLC 446,255 $1.9M 0.51% +0.0% 2026-08-11
VANGUARD PORTFOLIO MANAGEMENT LLC 415,422 $1.8M 0.48% +0.0% 2026-06-30
VANGUARD FIDUCIARY TRUST CO 412,319 $1.7M 0.48% +16.0% 2026-06-30
UBS Group AG 388,013 $1.6M 0.45% +215.9% 2026-08-13
LAZARD ASSET MANAGEMENT LLC 201,869 $851.9K 0.23% -49.5% 2026-06-30
Morgan Stanley 191,896 $809.8K 0.22% +74.8% 2026-08-11
RENAISSANCE TECHNOLOGIES LLC 188,854 $797.0K 0.22% -52.8% 2026-08-13
Bank of New York Mellon Corp 175,121 $739.0K 0.20% +887.6% 2026-08-06
ParaFi Capital LP 162,164 $684.3K 0.19% +0.0% 2026-08-14
Pantera Capital Partners LP 153,070 $646.0K 0.18% -25.0% 2026-08-14
MOORE CAPITAL MANAGEMENT, LP 150,000 $633.0K 0.17% -25.0% 2026-08-14
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 140,359 $592.3K 0.16% +259.4% 2026-08-14

Insider activity

Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.

Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2025-09-08 to 2026-08-08

Recent transactions

  • Insiders have net bought 500 shares over the last 182 days, across 1 purchase and 0 sales.
  • Most recent: Navi Ryan David (Chief Investment Officer) — Grant / award of 146,956 shares on 2026-08-08.

Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.

Insider purchases & sales, last 6 months

Purchases (open market)500 sh(1 txns)
Sales (open market)0 sh(0 txns)
Net Shares+500

Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.

Insider roster

NameTitleMost Recent TransactionDateShares
Navi Ryan DavidChief Investment OfficerGrant / award2026-08-08146,956
Brazier Mark ChristopherChief Financial OfficerGrant / award2026-08-08137,500
Quinn Georgia PGeneral CounselGrant / award2026-08-08146,956
Pruitt Michael DChief Executive OfficerOpen market purchase2026-05-19500
Samani PyahmDirectorOther acquisition/disposition2026-05-051,783,519
Multicoin Capital Management, LLC10% ownerGrant / award2025-09-107,947,843
Shah SangitaDirectorGrant / award2025-09-0850,000

Recent transactions

DateInsiderTitleTransactionSharesPrice
2026-08-08Navi Ryan DavidChief Investment OfficerGrant / award 146,956
2026-08-08Brazier Mark ChristopherChief Financial OfficerGrant / award 137,500
2026-08-08Quinn Georgia PGeneral CounselGrant / award 146,956
2026-05-19Pruitt Michael DChief Executive OfficerOpen market purchase 500$4.16
2026-05-05Samani PyahmDirectorOther acquisition/disposition 1,783,519$4.43
2026-04-16Brazier Mark ChristopherChief Financial OfficerGrant / award 275,000$0.00
2026-03-08Navi Ryan DavidChief Investment OfficerGrant / award 382,085$0.00
2026-03-08Quinn Georgia PGeneral CounselGrant / award 293,911$0.00
2025-12-19Navi Ryan DavidChief Investment OfficerOpen market purchase 10,000$7.08
2025-12-15Pruitt Michael DChief Executive OfficerOpen market purchase 1,000$7.44
2025-09-10Multicoin Capital Management, LLC10% ownerGrant / award 7,947,843$18.50
2025-09-10Multicoin Capital Management, LLC10% ownerGrant / award 1,351,352$18.50
2025-09-08Shah SangitaDirectorGrant / award 50,000$18.50

Recent SEC filings

Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.

Source: SEC EDGAR submissions · updated 2026-09-07 13:52 UTC

FiledFormReport periodOfficial filing
2026-08-1742026-08-08 View on SEC.gov →
2026-08-1742026-08-08 View on SEC.gov →
2026-08-1742026-08-08 View on SEC.gov →
2026-08-128-K2026-08-12 View on SEC.gov →
2026-08-1210-Q2026-06-30 View on SEC.gov →
2026-07-208-K2026-07-14 View on SEC.gov →
2026-06-168-K2026-06-12 View on SEC.gov →
2026-06-168-K2026-06-15 View on SEC.gov →
2026-06-108-K2026-06-09 View on SEC.gov →
2026-05-1942026-05-19 View on SEC.gov →
2026-05-1842026-04-30 View on SEC.gov →
2026-05-1410-Q2026-03-31 View on SEC.gov →

Headlines about FWDI (Forward Industries, Inc.). Links open the publisher — we don’t host full articles.

SEC filings ↓

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