Forward Industries, Inc.

FWDI · NasdaqCM · Stock · Consumer Cyclical
$6.74
-6.27% today
Delayed price,

What Forward Industries does

Forward Industries, Inc. operates as a Solana (SOL) focused digital asset treasury company. The company operates through Digital Assets and Design segments. The Digital Assets segment captures SOL-based yield generated by participating in the Solana network's staking protocol. The Design segment offers hardware and software product design and engineering services to customers located in the United States. The company was incorporated in 1961 and is based in Austin, Texas.

Key facts

Sector
Consumer Cyclical
Industry
Footwear & Accessories
Market cap
$514.1M
P/E (ttm)
—
Forward P/E
25.9
Dividend yield
0.00%
Beta
0.85
Profit margin
0.0%
Employees
60
Headquarters
Austin, TX, United States
Exchange
NasdaqCM

Performance

1 Month
-12.5%
3 Months
+67.6%
6 Months
+37.0%
1 Year
-69.0%
5 Years
-63.4%
$3.4852-week range$25.50
Biggest setback — last 12 months
-83.0%
13 Oct 2025 → 1 Jun 2026
Fell from $21.75 to $3.69 — its sharpest sustained decline this year.
Biggest run-up — last 12 months
+128.2%
1 Jun 2026 → 21 Sept 2026
Ran from $3.69 to $8.42 — its strongest sustained advance this year.

Price outlook — trend & volatility model

● Trend: Above long-term trend
Price sits above its 200-day average, but the shorter-term averages are not cleanly aligned above/below it.
HorizonBear case (−1σ)Base caseBull case (+1σ)
1 Month$5.14 (-23.7%)$6.74$8.83 (+31.0%)
3 Months$4.22 (-37.4%)$6.74$10.77 (+59.7%)
6 Months$3.48 (-48.4%)$6.74$13.07 (+93.9%)
12 Months$2.64 (-60.8%)$6.74$17.20 (+155.2%)
Statistical, not machine-learning: a random-walk (no assumed drift) volatility model built from this ticker's own realized price history, plus a purely descriptive moving-average trend read. Illustrative only — not a price target and not financial advice. The bear and bull cases sit one standard deviation (1σ) below and above today's price, a range that covers about 68% of the outcomes the model treats as plausible, not a 68% chance of either case. Annualized volatility used: 93.7%, blended from this ticker's own 3-month and 1-year realized price history. Base case is deliberately flat — this quantifies a possible range, not a directional prediction. See the full model, including wider (≈95%) bands →

Comparable companies

Recent headlines

Recent insider activity

Acquired 146,956 shares — Navi Ryan David, Chief Investment Officer · 2026-08-17
Acquired 137,500 shares — Brazier Mark Christopher, Chief Financial Officer · 2026-08-17
Acquired 146,956 shares — Quinn Georgia P, General Counsel · 2026-08-17
Acquired 500 shares at $4.16 — Pruitt Michael D, Chief Executive Officer · 2026-05-19
Acquired 1,783,519 shares at $4.43 — Samani Pyahm, Director · 2026-05-18
Source: SEC Form 4 filings. An "acquired" entry with no price is typically a stock award or option exercise rather than an open-market purchase. Search all insider trades →

Learn the basics

Prices and company data are delayed reference figures from public sources (Yahoo Finance, SEC EDGAR) and may be inaccurate or out of date. This page is informational only — it is not investment advice or a recommendation to buy or sell any security. Past performance does not indicate future results.