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FWDI Overview

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Intellectia

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High
4.205
Open
4.180
VWAP
4.00
Vol
397.54K
Mkt Cap
309.92M
Low
3.840
Amount
1.59M
EV/EBITDA(TTM)
36.78
Total Shares
74.68M
EV
308.96M
EV/OCF(TTM)
--
P/S(TTM)
4.51
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 network’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.
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Events Timeline

(ET)
2026-04-24
09:50:00
NY AG Sues Coinbase and Gemini for Illegal Gambling
select
2026-04-14 (ET)
2026-04-14
08:50:00
Forward Industries Appoints Mark Brazier as CFO
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2026-03-19 (ET)
2026-03-19
08:10:00
Forward Industries Repurchases 6,164,324 Shares for $27.4 Million
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2026-02-12 (ET)
2026-02-12
16:30:00
Company Reports $585.6M Net Loss in Q1 FY2026
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2025-12-18 (ET)
2025-12-18
09:10:00
Forward Industries Launches SEC-Registered Shares on Solana Blockchain
select
2025-12-01 (ET)
2025-12-01
09:20:00
Forward Industries Appoints Ryan Navi as Chief Investment Officer
select

News

Newsfilter
8.5
20:43 PMNewsfilter
PinnedForward Industries Proposes Acquisition of Brera Holdings
  • Acquisition Proposal Overview: On June 1, 2026, Forward Industries made a non-binding proposal to acquire Brera Holdings in an all-stock transaction, offering 1.54 shares of Forward for each Brera share, representing a premium of approximately 30.7% over the volume-weighted average closing price of Brera's shares over the last ten trading days.
  • Board Rejection: The board of Brera Holdings rejected Forward's proposal on June 6, 2026, stating it was not in the best interest of the company, which Forward disagrees with, expressing disappointment and asserting the proposal's benefits for Brera and its shareholders.
  • Strategic Partnership Potential: Forward Industries believes its capital structure and status as the largest Solana treasury position it to realize Brera's value more effectively, and it hopes Brera will reconsider engaging in dialogue to create mutually beneficial outcomes.
  • Market Reaction and Future Outlook: Forward's proposal aims to provide Brera shareholders with meaningful premiums while enhancing liquidity in the Solana ecosystem, with Forward seeking to drive long-term value growth for both sets of shareholders through this acquisition.
seekingalpha
8.5
21:11 PMseekingalpha
Forward Industries Proposes Acquisition of Brera Holdings
  • Acquisition Proposal: Forward Industries has made a non-binding proposal to acquire Brera Holdings in an all-stock transaction, indicating the company's proactive approach to business expansion.
  • Shareholder Returns: Under the proposal, Brera shareholders would receive 1.54 newly issued shares of Forward Industries common stock for each Brera share, representing a premium of approximately 30.7% over the closing price as of June 1, 2026, suggesting a high valuation by FWDI.
  • Negotiation Rejection: Brera rejected the proposal on June 6, 2026, stating it does not consider the offer to be in the best interest of the company, which reflects its resistance to the acquisition and may impact FWDI's market confidence.
  • Market Reaction: Following the proposal announcement, FWDI's stock price fell 1.23% in after-hours trading to $4.00, indicating a negative market reaction to the acquisition proposal, which could affect the company's future financing capabilities.
seekingalpha
9.5
05-13seekingalpha
Forward Industries to Announce Q2 Earnings on May 14
  • Earnings Announcement Schedule: Forward Industries is set to announce its Q2 2023 earnings after market close on May 14, with a consensus revenue estimate of $16.58 million, indicating investor interest in the company's performance.
  • Market Expectation Analysis: The anticipated revenue of $16.58 million for Q2 reflects market consensus, which will provide critical insights into the company's financial performance and influence investor confidence moving forward.
  • Executive Appointment: Forward Industries has recently appointed Mark Brazier as Chief Financial Officer, aiming to enhance financial management capabilities and improve the company's performance in financial transparency and strategic planning.
  • Investor Focus: As the earnings report approaches, investor attention on Forward Industries is increasing, particularly regarding potential investment opportunities with Solana, which may impact stock price movements.
Newsfilter
2.0
05-05Newsfilter
Forward Invests in OnRe to Enhance Shareholder Value
  • Strategic Investment: Forward Industries co-led a $5 million Series A round for OnRe with RockawayX, marking a strategic expansion of the company's asset allocation within the Solana ecosystem, which is expected to generate sustainable income streams for shareholders.
  • Tokenized Assets: Forward plans to invest up to $25 million in OnRe's yield-bearing token ONyc, which provides investors exposure to a diversified portfolio of reinsurance risks, further enhancing the company's competitiveness in the digital asset market.
  • Market Potential: As a regulated reinsurance company, OnRe connects a $250 billion alternative capital market with the $800 billion global property and casualty reinsurance market, and Forward's investment will support its expansion in this rapidly growing sector.
  • Long-Term Vision: Forward's investment aligns with its vision of becoming the
moomoo
8.5
05-05moomoo
FORWARD INDUSTRIES INC PLANS TO INVEST UP TO $25 MILLION IN ONYC TOKEN ON SOLANA
  • Investment Announcement: Forward Industries plans to invest up to $25 million into Oonyc, a company focused on tokenization in the Solana ecosystem.
  • Focus on Solana: The investment aims to enhance the development and deployment of token-based solutions on the Solana blockchain.
Newsfilter
9.5
05-04Newsfilter
Forward Industries to Host Q2 Earnings Call on May 14, 2026
  • Earnings Call Announcement: Forward Industries will host a conference call on May 14, 2026, at 5:00 p.m. ET to discuss its financial and operational results for the fiscal second quarter ending March 31, 2026, with a press release to precede the call.
  • Strategic Update: The call will provide an update on the company's SOL treasury strategy, highlighting its ongoing commitment to the digital asset space and the Solana ecosystem, aimed at enhancing shareholder value.
  • Participation Details: Investors can join the meeting via webcast and telephone, with the call-in option available approximately 15 minutes before the scheduled start time to ensure smooth connectivity for participants.
  • Company Overview: Forward Industries focuses on a Solana digital asset treasury strategy, aiming to buy, hold, stake, and invest in SOL and related digital assets, enhancing its ecosystem through engagement with the Solana network and developers.

Valuation Metrics

The current forward P/E ratio for Forward Industries Inc (FWDI.O) is 44.44, compared to its 5-year average forward P/E of 38.97. For a more detailed relative valuation and DCF analysis to assess Forward Industries Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
38.97
Current PE
44.44
Overvalued PE
57.81
Undervalued PE
20.13

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
525.08
Current EV/EBITDA
24.77
Overvalued EV/EBITDA
1000.31
Undervalued EV/EBITDA
49.85

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
19.06
Current PS
5.01
Overvalued PS
32.18
Undervalued PS
5.93

Financials

AI Analysis
Annual
Quarterly

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FWDI logo
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Forward Industries Inc
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Whales Holding FWDI

G
Ghisallo Capital Management LLC
Holding
FWDI
+5.10%
3M Return

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Frequently Asked Questions

What is Forward Industries Inc (FWDI) stock price today?

The current price of FWDI is 3.96 USD — it has decreased -4.58

What is Forward Industries Inc (FWDI)'s business?

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 network’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.

What is the price predicton of FWDI Stock?

Wall Street analysts forecast FWDI stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FWDI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Forward Industries Inc (FWDI)'s revenue for the last quarter?

Forward Industries Inc revenue for the last quarter amounts to 12.96M USD, increased 315.03

What is Forward Industries Inc (FWDI)'s earnings per share (EPS) for the last quarter?

Forward Industries Inc. EPS for the last quarter amounts to -2.98 USD, increased 125.76

How many employees does Forward Industries Inc (FWDI). have?

Forward Industries Inc (FWDI) has 60 emplpoyees as of June 09 2026.

What is Forward Industries Inc (FWDI) market cap?

Today FWDI has the market capitalization of 309.92M USD.