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Ranked #1888 by analyst upside · 2026-09-27
FWDI
Forward Industries, Inc.
Consumer Cyclical · Market Cap $642M · P/E 0x
ANALYST PRICE TARGET
+40.5%
implied upside to consensus target
Current Price $8.42
Consensus Target $11.83
Bull Target $16.0
Bear Target $8.5
Analysts Covering 3
ANALYST CONSENSUS - BUY
Strong Buy
0
Buy
3
Hold
0
Sell
0
52-Week Low $3.48
52-Week High $30.32
YTD Return +15.2%
FUNDAMENTALS
Market Cap $642M
P/E Ratio (TTM) N/A
Forward P/E 32.4x
EPS (TTM) $-30.27
PEG Ratio 2.53
Dividend Yield N/A
Revenue (TTM) $53M
Profit Margin N/A
52-WEEK RANGE
52-Week Low $3.48
52-Week High $30.32
Current Price $8.42
Bear Target $8.5
Bull Target $16.0
● Now $8.42 ● Target $11.83
TRADING DATA
Avg Volume 1.6M
YTD Return +15.2%
Analyst Count 3
Consensus Buy
Upside to Target +40.5%
Last Updated 2026-09-27

ANALYST SUMMARY

Forward Industries, Inc. (FWDI) is currently trading at $8.42 with a Wall Street consensus price target of $11.83, implying potential upside of 40.5% over the next 12 months. 3 analysts currently cover FWDI, with a consensus rating of Buy - 100% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $16.0, while the most cautious has a target of $8.5.

FWDI operates in the Consumer Cyclical sector with a market capitalisation of $642M. The stock is up 15.2% year-to-date and is currently trading near the lower end of its 52-week range of $3.48 – $30.32.

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RECENT ANALYST CALLS

Upgrade/downgrade history for FWDI, with each firm's 90-day track record across all stocks we track. See full firm rankings →

B. Riley Securities - Reiterated
Buy → Buy 2026-09-22 17% win rate (6 calls)
Cantor Fitzgerald - Reiterated
Overweight → Overweight 2026-09-10 40% win rate (10 calls)
B. Riley Securities - Reiterated
Buy → Buy 2026-09-03 17% win rate (6 calls)
B. Riley Securities - Reiterated
Buy → Buy 2026-08-13 17% win rate (6 calls)
Cantor Fitzgerald - Reiterated
Overweight → Overweight 2026-08-13 40% win rate (10 calls)
Cantor Fitzgerald ● Initiated
Overweight 2026-07-01 40% win rate (10 calls)
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
50
out of 100
Coverage depth
11/30
Consensus clarity
12/30
Vote unanimity
25/25
Rating stability
2/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call - not that the stock will go up.

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