Stock Taper
FWDI
FORWARD INDUSTRIES, INC.
NASDAQ
$7.39
▼ DOWN 9.21% (-0.75)

KEY STATISTICS

Market Cap$546.14 M
52w High$26.65
52w Low$3.48
Dividend Yield—
Frequency—
P/E-0.62
Volume3.32M
Shares Out.73.75M

COMPANY

LEADERSHIP

Michael D. Pruitt
CHIEF EXECUTIVE
Michael D. Pruitt

COMPENSATION 2026

Salary$160,500
Stock Awards$0
Incentive Plan Pay$0
All Other Comp.$8,000
Total$168,500

ABOUT

SECTOR
Financial Services
WENT PUBLIC
November 17, 1994
METHOD OF GOING PUBLIC
SPAC
FULL TIME EMPLOYEES
60

PRICE TARGET

Target High$16.00
Target Low$16.00
Target Median$16.00
Target Consensus$16.00

UPCOMING EARNINGS

DateDec 10, 2026
DayThursday
Rev. Est.$12.48M
DEC
10
THU

SPLIT RECORD

DATETYPERATIO
2024-06-18Reverse1:10
1997-12-24Reverse1:2
1996-02-01Forward2:1
1981-09-30Forward2:1

ETFS HOLDING THIS STOCK

ETFS HOLDING
49
LISTED HERE
9
RANKED BY POSITION SIZE

INSTITUTIONAL OWNERSHIP

SHARES OWNED
15.16%
HOLDERS
51
TOP 8 OF 51 · RANKED BY POSITION SIZE

PRICE

$7.39 ▼ DOWN 9.21% (−$0.75)
OVERLAYS
$7.20$7.40$7.609:30 AM10:35 AM11:40 AM12:45 PM1:49 PM2:54 PM3:59 PM7.39

About Forward Industries, Inc.

https://forwardindustries.com ↗

Forward Industries, Inc. designs, markets, and distributes carry and protective solutions for electronic devices across OEM, retail, and design segments worldwide.

INDUSTRY

Asset Management - Cryptocurrency

A SERVICE FORWARD INDUSTRIES, INC. IS KNOWN FOR

fwdSOL

fwdSOL is a liquid staking token representing Forward Industries' staked Solana holdings, enabling earning staking rewards and leveraging DeFi strategies to generate additional returns as part of their Solana treasury management.

COMPETITORS

Forward Industries in 2025

SENTIMENT: + POSITIVE
Kyle Samani
RESTRUCTURING · SEPTEMBER 2025

Forward Industries Pivots to Solana Treasury with $1.65 Billion Investment from Crypto Giants

Forward Industries announced a complete strategic shift to become a Solana-focused digital asset treasury, backed by a $1.65 billion private investment from prominent crypto firms Galaxy Digital, Jump Crypto, and Multicoin Capital. This move fundamentally altered the company's business model from a traditional design and manufacturing firm to a major holder and manager of the Solana (SOL) cryptocurrency, causing a massive surge in its stock price.

BUSINESS MODEL · SEPTEMBER 2025 · IN PROGRESS

Forward Industries Abandons Design Business to Become a Solana-Focused Cryptocurrency Treasury with $1.65 Billion Investment

Forward Industries undertook a complete strategic transformation, pivoting from its long-standing business as a design and manufacturing services provider to a company focused on building and managing a large-scale Solana (SOL) digital asset treasury. This fundamental shift redefines the company's core mission to generating shareholder value through the acquisition and active management of SOL within the Solana ecosystem.

Latest News

DEFENSE WORLD · OCT 2, 2026

Forward Industries (NASDAQ:FWDI) Shares Gap Up – Here’s What Happened

Shares of Forward Industries, Inc. (NASDAQ: FWDI - Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $8.01, but opened at $8.37. Forward Industries shares last traded at $8.14, with a volume of 290,441 shares traded. Wall Street Analyst Weigh In A number of brokerages recently weighed in on

EARLIER COVERAGE
GLOBENEWSWIRE · OCT 1, 2026

Forward Industries Grows SOL Holdings by 949K to 8.5 Million SOL in Fiscal Fourth Quarter, Increasing SOL per Share to 0.0806

Forward Industries increased SOL per Share by 42% annualized, for the quarter. AUSTIN, TX, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FWDI) (the “Company” or “Forward”), the leading Solana treasury company, today provided an update on its SOL treasury strategy for its fiscal fourth quarter ended September 30, 2026.

RATINGS SNAPSHOT

Overall rating: C+

DCFROEROAD/EP/EP/B
Discounted Cash Flow3
Return On Equity1
Return On Assets1
Debt To Equity2
Price To Earnings1
Price To Book4
Overall Score2

MOST RECENT ANALYST GRADES

GRADE SUMMARY
BUY 1
OVERWEIGHT 1
2 GRADES IN THE LAST 12 MONTHS

SECTORS PEERS

PEERPRICE
EVGO$1.33COMPARE
AIIO$1.18COMPARE
MOGU$2.38COMPARE
ARKR$4.64COMPARE
MGIH$1.45COMPARE
SBDS$2.35COMPARE
JBDI$0.95COMPARE

INSIDER TRADES

★
10 PERCENT OWNER
Galaxy Digital, LP
— · 4.5M shares
2026-05-14
★
10 PERCENT OWNER
Galaxy Digital, LP
— · 1.8M shares
2026-05-14
★
10 PERCENT OWNER
Galaxy Digital, LP
— · —
2026-05-14
★
OFFICER: GENERAL COUNSEL
Quinn Georgia P
Purchase · 147.0K shares
2026-08-08