Forward Industries, Inc. (FWDI)
NASDAQ: FWDI · Real-Time Price · USD
3.960
+0.420 (11.86%)
At close: Jun 26, 2026, 4:00 PM EDT
3.870
-0.090 (-2.27%)
After-hours: Jun 26, 2026, 7:44 PM EDT
Forward Industries Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Forward Industries stock has a target of 8.00, which predicts an increase of 102.02% from the current stock price of 3.96.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 15, 2026.
Analyst Ratings
The average analyst rating for Forward Industries stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '25 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Buy Reiterates $7 → $8 | Buy | Reiterates | $7 → $8 | +102.02% | May 15, 2026 |
Financial Forecast
Revenue This Year
60.51M
from 18.19M
Increased by 232.69%
Revenue Next Year
55.00M
from 60.51M
Decreased by -9.10%
EPS This Year
-0.06
EPS Next Year
-0.00
from -0.06
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 61.0M | 55.0M | |
| Avg | 60.5M | 55.0M | |
| Low | 60.0M | 55.0M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 235.5% | -9.1% | |
| Avg | 232.7% | -9.1% | |
| Low | 229.9% | -9.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | - | |
| Avg | -0.06 | -0.00 | |
| Low | - | - |
EPS Growth
| EPS Growth | 2027 | 2028 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.