Forward Industries, Inc. (FWDI)Consumer Cyclical | Footwear & Accessories | Hauppauge, United States | NasdaqCM
4.92 USD
+0.05
(1.027%)
⇧
(April 21, 2026, 10:57 a.m.
EDT)
Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 19, 2026, 12:04 a.m. EDT
FWDI is statistically trapped between a $4.30 technical support and a rigid $5.00 floor of heavy Call OI and Put selling pressure. Recent news of the ticker change and Solana consolidation is failing to reverse years of fundamental deterioration (-170% ROE, negative free cash flow). While the $1B buyback and new CFO offer a speculative 'catapilla' narrative, the math does not work: the company is burning cash with a P/B of 0.47 and no dividend history. This is not a buy-and-hold play; it is a high-risk, mean-reversion trade solely for traders willing to gamble on the $5.00 floor breaking to test the $4.03 low. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.157300 |
| AutoTheta | 0.318597 |
| AutoETS | 0.416540 |
| MSTL | 0.427901 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 54% |
| H-stat | 2.95 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.203 |
| Excess Kurtosis | -1.25 |
| Attribute | Value |
|---|---|
| Sector | Consumer Cyclical |
| Debt to Equity Ratio | 0.673 |
| Revenue per Share | 1.118 |
| Market Cap | 409,059,328 |
| Beta | 0.78 |
| Website | https://forwardindustries.com |
As of April 19, 2026, 12:04 a.m. EDT: Options data reveals a distinct 'magnet' and defensive setup. ATM Call Open Interest is concentrated at the $5.00 strike across nearly all expirations, acting as a strong resistance ceiling that is drawing in capital (OI +103% to +300% at OOTM strikes like $7.50/$20.00/$30.00). Conversely, Put Open Interest is heavily skewed towards the $5.00 ATM strike, with massive volume at lower strikes ($2.50) and deep OTM puts, suggesting a consensus belief the floor is rooted near the $5.00 level, preventing significant drops below that. Implied Volatility is elevated (1.53x - 2.72x at longer dates) despite low premium prices, indicating speculators are betting on a range-bound volatility event rather than a massive directional move.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.15008724 |
| Address1 | 700 Veterans Memorial Highway |
| Address2 | Suite 100 |
| All Time High | 298.5 |
| All Time Low | 3.1 |
| Ask | 6.27 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 722,010 |
| Average Daily Volume3 Month | 894,493 |
| Average Volume | 894,493 |
| Average Volume10Days | 722,010 |
| Beta | 0.78 |
| Bid | 3.58 |
| Bid Size | 2 |
| Book Value | 10.372 |
| City | Hauppauge |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 4.92 |
| Current Ratio | 6.242 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 5.01 |
| Day Low | 4.83 |
| Debt To Equity | 0.673 |
| Display Name | Forward Industries |
| Ebitda | 4,198,014 |
| Ebitda Margins | 0.11995 |
| Enterprise To Ebitda | 91.812 |
| Enterprise To Revenue | 11.013 |
| Enterprise Value | 385,426,144 |
| Eps Current Year | -0.0563 |
| Eps Trailing Twelve Months | -29.99 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.7054 |
| Fifty Day Average Change | 0.21460009 |
| Fifty Day Average Change Percent | 0.045607194 |
| Fifty Two Week Change Percent | -15.008724 |
| Fifty Two Week High | 46.0 |
| Fifty Two Week High Change | -41.08 |
| Fifty Two Week High Change Percent | -0.8930435 |
| Fifty Two Week Low | 4.03 |
| Fifty Two Week Low Change | 0.88999987 |
| Fifty Two Week Low Change Percent | 0.22084363 |
| Fifty Two Week Range | 4.03 - 46.0 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 785,082,600,000 |
| Float Shares | 80,752,115 |
| Free Cashflow | -27,563,450 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 60 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.5974 |
| Gross Profits | 20,907,836 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.37077 |
| Held Percent Institutions | 0.36223 |
| Implied Shares Outstanding | 83,142,133 |
| Industry | Footwear & Accessories |
| Industry Disp | Footwear & Accessories |
| Industry Key | footwear-accessories |
| Language | en-US |
| Last Fiscal Year End | 1,759,190,400 |
| Last Split Date | 1,718,668,800 |
| Last Split Factor | 1:10 |
| Long Business Summary | Forward Industries, Inc., together with its subsidiaries, provides hardware and software product design and engineering services primarily in the United States. The company operates through Design and Digital Assets segments. It offers design, engineering, and development services for consumer and industrial electronics products, such as medical products, smart displays, beverage vending, enterprise and mobile software applications, lighting, security and detections systems, cameras, wearables, and vehicle controls. The company also provides electrical, mechanical, software, and optical engineering services; industrial design and user experience/user interface design and development; and program management, IoT system architecture, and IT support services. Forward Industries, Inc. was incorporated in 1961 and is based in Hauppauge, New York. |
| Long Name | Forward Industries, Inc. |
| Market | us_market |
| Market Cap | 409,059,328 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_356043 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | -753,871,744 |
| Next Fiscal Year End | 1,790,726,400 |
| Non Diluted Market Cap | 374,112,151 |
| Number Of Analyst Opinions | 1 |
| Open | 4.85 |
| Operating Cashflow | -11,996,955 |
| Operating Margins | 0.44865 |
| Payout Ratio | 0.0 |
| Peg Ratio | 2.53 |
| Phone | 631 547 3055 |
| Previous Close | 4.87 |
| Price Eps Current Year | -87.38899 |
| Price Hint | 4 |
| Price To Book | 0.47435406 |
| Price To Sales Trailing12 Months | 11.687967 |
| Profit Margins | 0.0 |
| Quick Ratio | 2.921 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.05000019 |
| Regular Market Change Percent | 1.026698 |
| Regular Market Day High | 5.01 |
| Regular Market Day Low | 4.83 |
| Regular Market Day Range | 4.83 - 5.01 |
| Regular Market Open | 4.85 |
| Regular Market Previous Close | 4.87 |
| Regular Market Price | 4.92 |
| Regular Market Time | 1,776,783,449 |
| Regular Market Volume | 170,775 |
| Return On Assets | 0.00541 |
| Return On Equity | -1.70718 |
| Revenue Growth | 3.635 |
| Revenue Per Share | 1.118 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Consumer Cyclical |
| Sector Disp | Consumer Cyclical |
| Sector Key | consumer-cyclical |
| Shares Outstanding | 76,977,809 |
| Shares Percent Shares Out | 0.019299999 |
| Shares Short | 1,484,373 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 2,293,877 |
| Short Name | Forward Industries, Inc. |
| Short Percent Of Float | 0.022 |
| Short Ratio | 1.48 |
| Source Interval | 15 |
| State | NY |
| Symbol | FWDI |
| Target High Price | 8.5 |
| Target Low Price | 8.5 |
| Target Mean Price | 8.5 |
| Target Median Price | 8.5 |
| Total Cash | 25,388,080 |
| Total Cash Per Share | 0.305 |
| Total Debt | 5,927,112 |
| Total Revenue | 34,998,328 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -29.99 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 11.35215 |
| Two Hundred Day Average Change | -6.43215 |
| Two Hundred Day Average Change Percent | -0.56660193 |
| Type Disp | Equity |
| Volume | 170,775 |
| Website | https://forwardindustries.com |
| Zip | 11,788 |