FWDI
Forward Industries, Inc.
$4.28
+0.94%
$319.6M
No data for this timeframe.
Vol
Market Cap$319.6M
Cap SizeSmall Cap
Inst. Holders27 funds
Inst. Value$39.8M
Inst. Activity1 buys / 0 sells
Insider Activity1B / 0S
Insider Net $$2.1K
SEC Reports6
Press Releases1
Recent Activity
Jun 10, 2026
SEC
Forward Industries disclosed an indicative, non-binding all-stock proposal to acquire Brera Holdings PLC (SLMT) at a 30.
8-K — Impact 5/10
Jun 9, 2026
other
Announcing Forward’s Letter of Intent to Brera Holdings PLC (SLMT)
<p align="justify"><b>NOT FOR RELEASE, PUBLICATION OR</b> <b>DISTRIBUTION</b> <b>IN</b> <b>WHOLE</b>
May 19, 2026
Insider
Pruitt Michael D bought 500 shares
Chief Executive Officer @ $4.16 ($2.1K)
May 14, 2026
SEC
Forward Industries reported Q2 fiscal 2026 revenue of $13.0M (up 4x YoY from $3.1M) but a GAAP net loss of $283.1M drive
PRESS-RELEASE — Impact 6/10
May 5, 2026
Insider
Samani Pyahm acquired 1,783,519 shares
Director @ $4.43 ($7.9M)
May 4, 2026
SEC
Forward Industries announced a conference call for its FQ2 2026 earnings but has not yet released financial results. The
PRESS-RELEASE — Impact 2/10
Apr 30, 2026
Insider
Samani Pyahm acquired 4,458,796 shares
Director @ $3.91 ($17.4M)
Inst.
Alyeska Investment Group, L.P. — NEW
3,250,161 shares ($14.4M)
Price Targets
No recent covering-analyst activity on file. No current recommendation available.
$8.25
Current $4.28
Low $8.00
Median $8.25
High $8.50
2 analysts
$8.00
$8.50
Analyst Ratings
2Strong Buy
5Buy
1Hold
0Sell
0Strong Sell
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $0.00 ▼ -99.8% | $0.00 — $0.00 | 1 | |
| Next Q | $0.00 ▼ -99.8% | $0.00 — $0.00 | 1 | |
| Current FY | $-0.06 ▼ -13.0% | $-0.06 — $-0.06 | 1 | |
| Next FY | $0.00 | $0.00 — $0.00 | 103% YoY | 1 |
Latest Reports
MIXED
8-K
5/10
Forward Industries disclosed an indicative, non-binding all-stock proposal to acquire Brera Holdings PLC (SLMT) at a 30.
Jun 10, 2026
BEARISH
PRESS-RELEASE
6/10
Forward Industries reported Q2 fiscal 2026 revenue of $13.0M (up 4x YoY from $3.1M) but a GAAP net loss of $283.1M drive
May 14, 2026
BULLISH
Press
7/10
Forward Industries announced a share repurchase of 6.16 million shares for $27.4 million, reducing shares outstanding an
Mar 19, 2026
Top Institutional Holders
| Fund | Value | Move |
|---|---|---|
| Alyeska Investment Group, L.P. | $14.4M | NEW |
| MARSHALL WACE, LLP | $5.1M | — |
| VANGUARD CAPITAL MANAGEMENT LLC | $3.3M | — |
| CITADEL ADVISORS LLC | $2.7M | — |
| WOLVERINE ASSET MANAGEMENT LLC | $1.8M | — |
Recent Insider Trades
| Date | Insider | Type | Value |
|---|---|---|---|
| May 19, 2026 | Pruitt Michael | BUY | $2.1K |
| May 5, 2026 | Samani Pyahm | J | $7.9M |
| Apr 30, 2026 | Samani Pyahm | J | $17.4M |
| Apr 16, 2026 | Brazier Mark | A | $0.00 |
| Apr 16, 2026 | Brazier Mark | A | $0.00 |
27 institutional holders with $39.8M total value (9,013,155 shares) as of 2026-Q1. Top holders: Alyeska, MARSHALL, VANGUARD. Net buying activity: 1 institutions added/increased vs 0 reduced.
Top Institutional Holders — 2026-Q1
| # | Fund | Shares | Value | % of Tracked | Last Move |
|---|---|---|---|---|---|
| 1 | Alyeska Investment Group, L.P. | 3,250,161 | $14.4M | 36.2% | NEW |
| 2 | MARSHALL WACE, LLP | 1,162,310 | $5.1M | 12.9% | — |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 740,649 | $3.3M | 8.2% | — |
| 4 | CITADEL ADVISORS LLC | 598,284 | $2.7M | 6.7% | — |
| 5 | WOLVERINE ASSET MANAGEMENT LLC | 401,056 | $1.8M | 4.5% | — |
| 6 | RENAISSANCE TECHNOLOGIES LLC | 400,224 | $1.8M | 4.5% | — |
| 7 | LAZARD ASSET MANAGEMENT LLC | 399,720 | $1.8M | 4.4% | — |
| 8 | VANGUARD FIDUCIARY TRUST CO | 355,478 | $1.6M | 4.0% | — |
| 9 | STATE STREET CORP | 317,191 | $1.4M | 3.5% | — |
| 10 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 261,144 | $1.2M | 2.9% | — |
| 11 | BlackRock, Inc. | 211,959 | $939.0K | 2.4% | — |
| 12 | GOLDMAN SACHS GROUP INC | 159,490 | $706.5K | 1.8% | — |
| 13 | TWO SIGMA INVESTMENTS, LP | 143,748 | $636.8K | 1.6% | — |
| 14 | Brevan Howard Capital Management LP | 111,965 | $496.0K | 1.2% | — |
| 15 | MORGAN STANLEY | 109,786 | $486.4K | 1.2% | — |
| 16 | CITADEL ADVISORS LLC | 78,700 | $348.6K | 0.9% | — |
| 17 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 61,600 | $272.9K | 0.7% | — |
| 18 | Hudson Bay Capital Management LP | 47,586 | $210.8K | 0.5% | — |
| 19 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 44,800 | $198.5K | 0.5% | — |
| 20 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 39,052 | $173.0K | 0.4% | — |
Recent Position Changes
| Fund | Action | Prev Shares | Curr Shares | Change % | Value | Quarter |
|---|---|---|---|---|---|---|
| Alyeska Investment Group, L.P. | NEW | — | 3,250,161 | — | $14.4M | 2026-Q1 |
9 unique insiders with 14 transactions. Net insider value: $2.1K ($2.1K bought, $0.00 sold).
Insider Transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| May 19, 2026 | Pruitt Michael D | Chief Executive Officer | BUY | 500 | $4.16 | $2.1K |
| May 5, 2026 | Samani Pyahm | Director | J | 1,783,519 | $4.43 | $7.9M |
| Apr 30, 2026 | Samani Pyahm | Director | J | 4,458,796 | $3.91 | $17.4M |
| Apr 16, 2026 | Brazier Mark Christopher | Chief Financial Officer | AWARD | 275,000 | — | — |
| Apr 16, 2026 | Brazier Mark Christopher | Chief Financial Officer | AWARD | 275,000 | — | — |
| Mar 10, 2026 | Shah Sangita | Director | AWARD | 150,000 | — | — |
| Mar 10, 2026 | Pruitt Michael D | Chief Executive Officer | AWARD | 100,000 | — | — |
| Mar 10, 2026 | Johnson Keith J | Director | AWARD | 150,000 | — | — |
| Mar 8, 2026 | Quinn Georgia P | General Counsel | AWARD | 293,912 | — | — |
| Mar 8, 2026 | Navi Ryan David | Chief Investment Officer | AWARD | 352,694 | — | — |
| Mar 8, 2026 | Navi Ryan David | Chief Investment Officer | AWARD | 382,085 | — | — |
| Mar 8, 2026 | Weisberg Kathleen | Chief Financial Officer | AWARD | 50,000 | — | — |
| Mar 8, 2026 | Quinn Georgia P | General Counsel | AWARD | 293,911 | — | — |
| Mar 18, 2025 | Multicoin Capital Management, LLC | 10%+ Owner | D | 6,164,324 | $4.44 | $27.4M |
6 SEC filing reports analyzed. Sentiment: 0 bullish, 1 bearish, 1 mixed, 4 neutral. Avg impact: 3.7/10.
MIXED
8-K
5/10
Forward Industries disclosed an indicative, non-binding all-stock proposal to acquire Brera Holdings
Jun 10, 2026
BEARISH
PRESS-RELEASE
6/10
Forward Industries reported Q2 fiscal 2026 revenue of $13.0M (up 4x YoY from $3.1M) but a GAAP net l
May 14, 2026
NEUTRAL
PRESS-RELEASE
2/10
Forward Industries announced a conference call for its FQ2 2026 earnings but has not yet released fi
May 4, 2026
NEUTRAL
COURT-RULING
3/10
The Ninth Circuit Court of Appeals affirmed the dismissal of Forward Industries, Inc.'s lawsuit agai
Apr 27, 2026
NEUTRAL
8-K
3/10
Forward Industries granted equity awards to its newly appointed CFO, Mark Brazier, including stock o
Apr 17, 2026
NEUTRAL
8-K
3/10
Forward Industries appointed Mark Brazier as CFO effective April 13, 2026, replacing Kathleen Weisbe
Apr 8, 2026
Historical analyst distribution: 88% buy across 8 analysts — 2 strong buy, 5 buy, 1 hold, 0 sell, 0 strong sell. No current recommendation available.
Analyst Price Targets
No recent covering-analyst activity on file. No current recommendation available.
$8.25 mean target
$8.00 Low
$8.50 High
| Metric | Value |
|---|---|
| Current Price | $4.28 |
| Target Low | $8.00 |
| Target Mean | $8.25 |
| Target Median | $8.25 |
| Target High | $8.50 |
| # Analysts | 2 |
| Recommendation | — (no recent coverage) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-06-30 |
$0.00 | $0.00 | $0.00 | — | -99.8% | — | $0.0B | — | 1 |
| Next Q 2026-09-30 |
$0.00 | $0.00 | $0.00 | — | -99.8% | — | $0.0B | — | 1 |
| Current FY 2026-09-30 |
$-0.06 | $-0.06 | $-0.06 | — | -13.0% | — | $0.1B | — | 1 |
| Next FY 2027-09-30 |
$0.00 | $0.00 | $0.00 | 102.9% | — | — | $0.1B | -9.1% | 1 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $0.000 | |
| 7d ago | $0.055 | -0.055 |
| 30d ago | $0.110 | -0.110 |
| 60d ago | $0.000 | +0.000 |
| 90d ago | $0.000 | +0.000 |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | 2 | 5 | 1 | 0 | 0 | 88% | |
| May 1, 2026 | 2 | 5 | 1 | 0 | 0 | 88% | |
| Apr 1, 2026 | 2 | 4 | 1 | 0 | 0 | 86% | |
| Mar 1, 2026 | 2 | 4 | 1 | 0 | 0 | 86% | |
| Feb 1, 2026 | 2 | 4 | 1 | 0 | 0 | 86% | |
| Jan 1, 2026 | 2 | 4 | 1 | 0 | 0 | 86% |
Strong BuyBuyHoldSellStrong Sell
No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.
No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.
Jun 9, 2026
other
Announcing Forward’s Letter of Intent to Brera Holdings PLC (SLMT)
<p align="justify"><b>NOT FOR RELEASE, PUBLICATION OR</b> <b>DISTRIBUTION</b> <b>IN</b> <b>WHOLE</b> <b>OR</b> <b>IN</b> <b>PART</b> <b>IN,</b> <b>INT
Jun 8, 2026
short_volume
Short Volume: FWDI — 58.3% short (0.4M / 0.7M)
Short: 421,234 | Exempt: 1,032 | TRF Vol: 723,130 | Short Ratio: 58.3% | Off-exchange volume (dark pool + OTC)
May 26, 2026
other
Forward Industries Set to Join the Russell 2000® and 3000® Indexes
<p align="justify"><strong>AUSTIN, TX, May 26, 2026 (GLOBE NEWSWIRE) -- </strong>Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward”
May 14, 2026
earnings
Forward Industries Reports Fiscal Second Quarter 2026 Financial and Operating Results
<p><i>Management to Host Conference Call Today at 5:00 p.m. Eastern Time</i></p>
May 14, 2026
earnings_calendar
FWDI Q2 2026 Earnings Scheduled — 2026-05-14
May 14, 2026
short_volume
Short Volume: FWDI — 59.0% short (0.4M / 0.6M)
Short: 359,255 | Exempt: 3,718 | TRF Vol: 608,421 | Short Ratio: 59.0% | Off-exchange volume (dark pool + OTC)
May 5, 2026
other
Forward Industries and RockawayX Co-Lead Strategic Investment in OnRe to Accelerate Onchain Reinsurance on Solana
<p align="center"><i>Investment Advances Forward’s Strategy to Build Shareholder Value Through Active Participation in Tokenized Real-World Assets and
May 4, 2026
earnings
Forward Industries Schedules Fiscal Second Quarter 2026 Conference Call for May 14, 2026 at 5:00 p.m. ET
<p align="justify"><strong>AUSTIN, TX, May 04, 2026 (GLOBE NEWSWIRE) -- </strong>Forward Industries, Inc. (NASDAQ: FWDI) (the "Company" or “Forward”
Apr 27, 2026
short_interest
FTD: FWDI — 167,866 shares ($0.8M) failed to deliver
Settlement: 20260427, Price: $4.62, FTD Value: $775,540.92, FORWARD INDUSTRIES INC TEX COM
Apr 24, 2026
short_interest
FTD: FWDI — 243,540 shares ($1.1M) failed to deliver
Settlement: 20260424, Price: $4.66, FTD Value: $1,134,896.4, FORWARD INDUSTRIES INC TEX COM
Apr 23, 2026
short_interest
FTD: FWDI — 247,222 shares ($1.2M) failed to deliver
Settlement: 20260423, Price: $4.92, FTD Value: $1,216,332.24, FORWARD INDUSTRIES INC TEX COM
Apr 22, 2026
short_interest
FTD: FWDI — 174,328 shares ($0.8M) failed to deliver
Settlement: 20260422, Price: $4.68, FTD Value: $815,855.04, FORWARD INDUSTRIES INC TEX COM
Apr 21, 2026
short_interest
FTD: FWDI — 164,509 shares ($0.8M) failed to deliver
Settlement: 20260421, Price: $4.87, FTD Value: $801,158.83, FORWARD INDUSTRIES INC TEX COM
Apr 20, 2026
short_interest
FTD: FWDI — 111,129 shares ($0.5M) failed to deliver
Settlement: 20260420, Price: $4.92, FTD Value: $546,754.68, FORWARD INDUSTRIES INC TEX COM
Apr 17, 2026
short_interest
FTD: FWDI — 241,390 shares ($1.2M) failed to deliver
Settlement: 20260417, Price: $4.77, FTD Value: $1,151,430.3, FORWARD INDUSTRIES INC TEX COM