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Forward Industries (FWDI): analyst forecast and price target
Analyst consensus
Moderate Buy2 Buy0 Hold0 Sell
Ratings of 2 analysts in the last 3 months12-month forecast
Based on 2 price targets given in the last 3 months, the average target is $13.50, the highest $16.00, the lowest $11.00. The average is +95.4% from the last price of $6.91.
Analyst ratings 2
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| AI xAi Asset Management - CryptocurrencyxAI Grok-3 | TipRanks - xAI | $7.00 → $7.50+7.1% | Hold | +8.5% | Reiterated | 17.10.26on TipRanks 07:06 | — | |
| AI OpenAI Asset Management - CryptocurrencyOpenAI 4o | TipRanks - OpenAI | $7.00 → $7.50+7.1% | Hold | +8.5% | Reiterated | 17.10.26on TipRanks 07:06 | — | |
| AI Google Asset Management - CryptocurrencyGemini 2.5Pro | TipRanks - Google | $7.00 → $7.50+7.1% | Hold | +8.5% | Reiterated | 17.10.26on TipRanks 07:06 | — | |
| AI PerPlexity Asset Management - CryptocurrencyPerPlexity SonarPro | TipRanks - PerPlexity | $7.00 → $7.50+7.1% | Hold | +8.5% | Reiterated | 17.10.26on TipRanks 07:06 | — | |
| AI xAi Asset Management - CryptocurrencyxAI Grok-3 | TipRanks - xAI | $8.00 → $7.00−12.5% | Hold | +1.3% | Reiterated | 15.10.26on TipRanks 06:05 | — | |
| AI DeepSeek Asset Management - CryptocurrencyDeepSeek R1-0528 | TipRanks - DeepSeek | $8.00 → $7.00−12.5% | Hold | +1.3% | Reiterated | 15.10.26on TipRanks 06:05 | — | |
| AI OpenAI Asset Management - CryptocurrencyOpenAI 4o | TipRanks - OpenAI | $8.50 → $7.00−17.6% | Hold | +1.3% | Reiterated | 15.10.26on TipRanks 06:05 | — | |
| AI Anthropic Asset Management - CryptocurrencyAnthropic Opus-4.1 | TipRanks - Anthropic | $8.00 → $7.00−12.5% | Hold | +1.3% | Reiterated | 15.10.26on TipRanks 06:05 | — | |
| AI Google Asset Management - CryptocurrencyGemini 2.5Pro | TipRanks - Google | $8.00 → $7.00−12.5% | Hold | +1.3% | Reiterated | 15.10.26on TipRanks 06:05 | — | |
| AI PerPlexity Asset Management - CryptocurrencyPerPlexity SonarPro | TipRanks - PerPlexity | $8.50 → $7.00−17.6% | Hold | +1.3% | Reiterated | 15.10.26on TipRanks 06:05 | — | |
| AI xAi Asset Management - CryptocurrencyxAI Grok-3 | TipRanks - xAI | $8.50 → $8.00−5.9% | Hold | +15.8% | Reiterated | 01.10.26on TipRanks 20:05 | — | |
| AI DeepSeek Asset Management - CryptocurrencyDeepSeek R1-0528 | TipRanks - DeepSeek | $8.50 → $8.00−5.9% | Hold | +15.8% | Reiterated | 01.10.26on TipRanks 20:05 | — | |
| AI Anthropic Asset Management - CryptocurrencyAnthropic Opus-4.1 | TipRanks - Anthropic | $8.50 → $8.00−5.9% | Hold | +15.8% | Reiterated | 01.10.26on TipRanks 20:05 | — | |
| AI Google Asset Management - CryptocurrencyGemini 2.5Pro | TipRanks - Google | $8.50 → $8.00−5.9% | Hold | +15.8% | Reiterated | 01.10.26on TipRanks 20:05 | — | |
| AI xAi Asset Management - CryptocurrencyxAI Grok-3 | TipRanks - xAI | $8.50 | Hold | +23.0% | Reiterated | 24.09.26on TipRanks 20:05 | — | |
| AI DeepSeek Asset Management - CryptocurrencyDeepSeek R1-0528 | TipRanks - DeepSeek | $9.00 → $8.50−5.6% | Hold | +23.0% | Reiterated | 24.09.26on TipRanks 20:05 | — | |
| AI OpenAI Asset Management - CryptocurrencyOpenAI 4o | TipRanks - OpenAI | $9.00 → $8.50−5.6% | Hold | +23.0% | Reiterated | 24.09.26on TipRanks 20:05 | — | |
| AI Anthropic Asset Management - CryptocurrencyAnthropic Opus-4.1 | TipRanks - Anthropic | $8.50 | Hold | +23.0% | Reiterated | 24.09.26on TipRanks 20:05 | — | |
| AI Google Asset Management - CryptocurrencyGemini 2.5Pro | TipRanks - Google | $9.00 → $8.50−5.6% | Hold | +23.0% | Reiterated | 24.09.26on TipRanks 20:05 | — | |
| AI PerPlexity Asset Management - CryptocurrencyPerPlexity SonarPro | TipRanks - PerPlexity | $9.00 → $8.50−5.6% | Hold | +23.0% | Reiterated | 24.09.26on TipRanks 20:05 | — | |
| Fedor Shabalin★★★★★★★★★★#12214 · hits 12% · avg −29.9% | B. Riley Securities | $9.00 → $11.00+22.2% | Buy | +59.2% | Reiterated | 22.09.26on TipRanks 09:00 | +5.3%next day −5.6% · 5 days −5.7% | ↗ |
| Gareth Gacetta★★★★★★★★★★#9261 · hits 0% · avg −7.9% | Cantor Fitzgerald | $8.00 → $16.00+100.0% | Buy | +131.5% | Reiterated | 10.09.26on TipRanks 07:55 | −0.8%next day +0.5% · 5 days −4.7% | ↗ |
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Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst
Best analysts covering Forward Industries
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $13.50 at a price of $7.80 (+73.1%); now: $13.50 at $6.91 (+95.4%).
PriceAverage targetTop analysts’ target
Recommendation trend
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 2 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Earnings and sales forecast
Next report: 17.12.26 (Q4 2026, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $0.03 (from $0.01 to $0.08). Last quarter: $-0.80.
Sales
Next quarter’s sales estimate — $12M (from $11M to $14M). Last quarter: $11M.
Best top-analyst consensus in the sector · Consumercyclical
About Forward Industries
- CEO: Michael D. Pruitt
- Employees: 60
- 111 Congress Avenue, Austin, TX, 78701, US
- forwardindustries.com
Forward Industries, Inc. operates through two segments: Digital Assets and Design. The company's primary strategy is focused on its Digital Assets segment, which acquires, holds, and stakes Solana (SOL) and other digital assets, adopting SOL as its main treasury reserve asset. The Design segment provides hardware and software product design and engineering services to customers in the medical and technology sectors.
Data from the stock’s TipRanks forecast page, read 261 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗