NASDAQ · FWDIFinancialsBanking & Credit

Forward Industries, Inc. Common Stock (FWDI)

$6.43+4.55%
Close Nov 4, 2026 · split-adjusted
Nov 4, 2026$6.43▼ 24.35% in range
Nov 17, 2025Low $3.54 · High $8.90Nov 4, 2026
What changed · written from our data
As of Nov 4, 2026

Forward Industries closed at $6.43 on Nov 4, up 4.55%, 27.8% below its 52-week closing high. Volume of 1.6M shares was 1.01× its 20-day average (close to normal).

Split-adjusted performance: -21.0% over one month, +29.4% over six months.

In the quarter ended Jun 30, 2026, revenue was $10.78M, with a net margin of -639.7%.

Short interest was 4.1M shares at the Oct 15 settlement, down 11.4% from the prior report (7.6% of float, 2.0 days to cover).

Market cap$490.5M76.3M shares
Revenue · quarter$10.8M—
Diluted EPS$-0.80—
P/E · TTM—
Net margin-639.7%Gross 62.2%
Dividend yieldNone$0.4218 last paid
52-week range3.54 – 8.90−27.8% from high
Volume1.6M1.01× 20-day avg
Volatility · 60d96.0%Annualised
Short % of float7.6%2.0 days to cover
Net cash$763.3KCash $13.3M
Next earnings—Not scheduled
Split-adjusted performance
1W −11.6%1M −21.0%3M +54.6%6M +29.4%YTD −2.7%1Y —3Y —5Y —

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Banking & Credit

Percentile among 435 companies (100 = best)

6-month momentum93
Revenue growth—
Net margin5
Value (low P/E)—
Size40

Industry medians: 6-month return +7.4%, revenue growth +5.2%, net margin 18.2%, P/E 12.5×.

Short interest

Details →
Shares short4.1M−11.4% vs prior
Days to cover2.0Settled Oct 15
% of float7.6%
Short vol. 10d47.0%of daily volume

Closest peers by size in Banking & Credit

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
FWDIForward Industries$6.43+4.55%+29.4%—−639.7%—$490.5M
HBCPHome Bancorp$61.91+0.86%−3.9%+1.5%21.9%10.4$487.5MCompare
HIVEHIVE Digital Technologies$1.82+0.55%−38.1%+73.5%−180.6%—$499.2MCompare
PBAMPrivate Bancorp of America$87.43+0.98%————$500.6MCompare
BMRCBank of Marin Bancorp$29.52+1.62%+12.6%+120.2%20.3%—$479.2MCompare
CZNCCitizens & Northern$28.56+2.22%+31.4%+26.5%27.4%20.3$512.2MCompare
FMAOFarmers & Merchants Bancorp$37.48+3.02%+37.9%+6.2%22.2%12.2$515.8MCompare
CBKCommercial Bancgroup$33.52+1.42%+15.9%—31.1%—$459.6MCompare
PBFSPioneer Bancorp$18.80+3.47%+28.7%+17.4%9.3%27.0$454.6MCompare

Quick answers

What does Forward Industries do?
Forward Industries Inc is a Solana-focused digital asset treasury company, with the idea to buy, hold, stake, trade, invest in, and grow SOL and SOL-related digital assets, protocols, and businesses. Its mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with, providing tools to, and investing in the Solana network, Solana developers, and Solana-related projects in order to increase shareholder value.
What is FWDI's market cap?
$490.53M, based on the Nov 4 close of $6.43.
Does Forward Industries pay a dividend?
No regular cash dividend has been paid in the last year.
How much of FWDI is sold short?
4.1M shares, 7.6% of float, as of Oct 15, 2026.
What sector is FWDI in?
Financials, in the Banking & Credit industry.

About Forward Industries

Forward Industries Inc is a Solana-focused digital asset treasury company, with the idea to buy, hold, stake, trade, invest in, and grow SOL and SOL-related digital assets, protocols, and businesses. Its mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with, providing tools to, and investing in the Solana network, Solana developers, and Solana-related projects in order to increase shareholder value. In connection with a private placement transaction in September 2025, it launched a digital asset treasury idea supported by investors and operating partners, including Galaxy Digital and Jump Crypto.

HQ: Austin, TX60 employeesListed Mar 7, 1995forwardindustries.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology