FWDIConsumer Cyclical · Footwear & AccessoriesThe 3 Wall Street analysts covering Forward Industries, Inc. hold a median 12-month price target of $8 — +55.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 18 of 100 as at 22 Aug 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores Forward Industries, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Volatility (77): The share price has been relatively steady.
Issuance (3): The company has been issuing shares or taking on financing, diluting existing holders.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on FWDI, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The green dot is the last close — the median target sits +55.8% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 13 Aug 2026 | B. Riley Securities | Maintains | Buy | $8.00 → $7.00 |
| 13 Aug 2026 | Cantor Fitzgerald | Maintains | Overweight | $7.90 → $8.00 |
| 1 July 2026 | Cantor Fitzgerald | Initiates | Overweight | $7.90 |
| 1 July 2026 | Cantor Fitzgerald | Initiates | Overweight | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. FWDI appears on the weeks it earns a place.
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 78% of US stocks
Cheaper than 19% of US stocks
Cheaper than 81% of US stocks
Cheaper than 5% of US stocks
Higher than 97% of US stocks
Higher than 93% of US stocks
Higher than 82% of US stocks
Higher than 26% of US stocks
Higher than 88% of US stocks
Higher than 3% of US stocks
Higher than 59% of US stocks
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Forward Industries, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Forward Industries reported a net loss for the third quarter on Wednesday, according to the company. Following the results, analysts have revised their forecasts for the company.
Why it matters — FWDI watchers would care because analyst forecast revisions following the quarterly net loss signal shifting expectations about the company's near-term outlook.
Seeking Alpha published the transcript of Forward Industries, Inc.'s Q3 2026 earnings call, covering the company's quarterly discussion with investors and analysts. The excerpt provided contains only the headline for the transcript document itself.
Why it matters — A FWDI watcher would care because the earnings call transcript provides the official record of management's quarterly performance commentary and outlook.
Forward Industries reported its financial and operating results for the fiscal third quarter ended June 30, 2026, and provided an update on its SOL treasury strategy. Management will host a conference call to discuss the results.
Why it matters — This quarterly report and treasury strategy update gives FWDI watchers insight into the company's financial performance and its ongoing approach to managing its Solana holdings.
Forward Industries, Inc. announced it will hold a conference call on August 12, 2026, at 5:00 p.m. ET to discuss its fiscal third quarter 2026 financial and operating results and provide an update on its SOL treasury strategy, with results to be released beforehand.
Why it matters — The call will provide the latest financial results and an update on the company's SOL treasury strategy, which is central to Forward's operations as a Solana treasury company.
The 3 Wall Street analysts covering Forward Industries, Inc. have a median 12-month price target of $8, with estimates ranging from $7 to $8.5. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 3 analysts covering Forward Industries, Inc., 3 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Forward Industries, Inc. 18 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 22 Aug 2026, Forward Industries, Inc. ranks 18 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (77 of 100).
No one can know that. What the data says: the median 12-month target from 3 analysts implies +55.8% from the last close, and Ticker Nerd's factor model ranks Forward Industries, Inc. 18 out of 100 as at 22 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Forward Industries, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for FWDI are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $7 to $8.5 over the next 12 months.
Forward Industries, Inc. returned -50.4% over the 12 months to 21 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
Forward Industries, Inc. is the world's leading Solana treasury company, focused on building and managing the largest treasury of Solana (SOL) tokens.
The most recent item we track (Benzinga, 13 Aug 2026): "These Analysts Revise Their Forecasts On Forward Industries Following Q3 Results". Forward Industries reported a net loss for the third quarter on Wednesday, according to the company. Following the results, analysts have revised their forecasts for the company.
Forward Industries, Inc. is the world's leading Solana treasury company, focused on building and managing the largest treasury of Solana (SOL) tokens. Its primary purpose is to expand and strengthen the Solana ecosystem through acquiring and staking SOL, engaging with the Solana network, providing tools to developers, and investing in Solana-based projects. The company generates cash flow via staking and decentralized finance (DeFi) activities, while utilizing capital markets to scale its SOL holdings and enhance SOL per share accretion. Forward Industries leverages unique access to top-tier Solana protocols and founders to support ecosystem growth. Founded in 1961 and headquartered in Pompano Beach, Florida, it plays a pivotal role in the cryptocurrency sector by concentrating resources on Solana, a high-performance blockchain platform known for its speed and low transaction costs, thereby contributing to the broader adoption and development of decentralized applications and Web3 technologies.
CEO Mr. Michael D. Pruitt · 60 employees · United States · https://forwardindustries.com