FWDI
Forward Industries, Inc. · Consumer Discretionary · Footwear & Accessories
Last
$7.15
+$0.36 (+5.32%) 3:59 PM ET
After hours $7.15 −$0.00 (−0.01%) 5:33 AM ET
Prev close $6.79
Open $6.50
Day high $7.18
Day low $6.42
Volume 1,611,698
Avg vol 2,250,599
Mkt cap
$518.00M
EV/Sales
9.78
P/E ratio
-0.50
FY Revenue
$53.12M
EPS
-14.44
Gross Margin
70.56%
Div yield
0.00%
Sector
Consumer Discretionary
AI report sections
FWDI
Forward Industries, Inc.
No AI report section text found yet for this symbol.
AI summarized at 10:46 PM ET, 2026-09-19
AI summary scores
INTRADAY: 66 SWING: 86 LONG: 19
Volume vs average
Intraday (cumulative)
−14% (Below avg)
Vol/Avg: 0.86×
RSI
44.05 (Neutral)
Neutral (40–60)
MACD momentum
Intraday
-0.01 (Weak)
MACD: 0.01 Signal: 0.02
Short-Term
-0.22 (Weak)
MACD: 0.17 Signal: 0.39
Long-Term
-0.16 (Weak)
MACD: 0.74 Signal: 0.90
Intraday trend score 56.37

Latest news

FWDI 7 articles Positive: 5 Neutral: 1 Negative: 1
Negative GlobeNewswire Inc. • Skyai, Inc.
SkyAI Announces Intention to Commence Cash Tender Offer to Purchase Common Stock and Pre-funded Warrants at $3.00 Per Share/Pre-funded Warrant

SkyAI announced a cash tender offer to purchase up to 95% of its outstanding common stock and warrants at $3.00 per share, representing a 65% premium to the October 9, 2026 closing price. The offer is expected to commence around October 15, 2026 for 10 business days and is contingent on minimum 50% tender rates and SOL remaining above $100. The company's Board also rejected Forward Industries' latest unsolicited acquisition proposal, determining it undervalues SkyAI.

SKYA SKYAW FWDI tender offer share repurchase cash offer warrant purchase acquisition proposal rejection
Sentiment note

SkyAI's Board unanimously rejected Forward Industries' acquisition proposal, determining it undervalues the company and is not in shareholders' best interests. The all-stock proposal with no certainty of timing or value was deemed unfavorable.

Positive GlobeNewswire Inc. • Forward Industries, Inc.
Forward Industries Completes $25 Million Registered Direct Offering with an Institutional Investor

Forward Industries (NASDAQ: FWDI) announced the closing of a $25 million registered direct offering, selling 3.125 million shares at $8.00 per share to an institutional investor. The company plans to use net proceeds to acquire additional SOL (Solana cryptocurrency) to expand its treasury and increase SOL per share for shareholders.

FWDI registered direct offering capital raise Solana treasury SOL acquisition institutional investment shareholder value
Sentiment note

The company successfully closed a substantial $25 million capital raise on favorable terms without adding balance sheet obligations. The proceeds will directly support the core strategy of expanding SOL holdings and increasing SOL per share, which management identifies as the key value driver for shareholders. The transaction demonstrates institutional confidence in the company's Solana-focused treasury strategy.

Positive GlobeNewswire Inc. • Forward Industries, Inc.
UPDATE: Forward Industries Announces $25 Million Registered Direct Offering with Institutional Investor

Forward Industries announced a $25 million registered direct offering of 3.125 million shares at $8.00 per share. The company plans to use the net proceeds to acquire additional SOL (Solana cryptocurrency) to expand its digital asset treasury while increasing SOL per fully diluted share. The offering is expected to close on September 24, 2026.

FWDI registered direct offering Solana treasury SOL acquisition digital asset strategy institutional investor capital raise
Sentiment note

The company successfully secured $25 million in funding from an institutional investor to expand its Solana treasury holdings. This demonstrates investor confidence in the company's digital asset strategy and provides capital to increase SOL holdings and per-share value, which are positive developments for shareholder value creation.

Neutral GlobeNewswire Inc. • Forward Industries, Inc.
Forward Industries Schedules Fiscal Third Quarter 2026 Conference Call for August 12, 2026 at 5:00 p.m. ET

Forward Industries, a Solana-focused digital asset treasury company, announced it will host a conference call on August 12, 2026, at 5:00 p.m. ET to discuss its fiscal Q3 2026 financial results and provide updates on its SOL treasury strategy. The company, backed by Galaxy Digital and Jump Crypto, plans to release financial results prior to the call.

FWDI Solana treasury digital assets Q3 2026 earnings SOL holdings cryptocurrency blockchain
Sentiment note

The article is a routine earnings call announcement with no material business updates, financial performance data, or strategic changes disclosed. It is informational in nature, announcing a scheduled conference call without positive or negative developments.

Positive GlobeNewswire Inc. • Na
Forward Industries, Inc (“Forward”) - Rule 2.12 Announcement

Forward Industries, Inc. (NASDAQ: FWDI) has made a non-binding proposal to acquire Solana Company. As of July 1, 2026, Forward had 73.8 million outstanding common shares, along with options, RSUs, and warrants for additional shares. The announcement includes disclosure requirements under Irish Takeover Rules.

FWDI HSDT acquisition letter of intent Forward Industries Solana Company takeover non-binding proposal
Sentiment note

The company is actively pursuing an acquisition strategy with a non-binding proposal to acquire Solana Company, indicating growth ambitions and strategic expansion efforts.

Positive GlobeNewswire Inc. • Forward Industries, Inc.
UPDATED: Forward Industries Announces Letter of Intent to Acquire Solana Company (HSDT)

Forward Industries (NASDAQ: FWDI) announced a non-binding all-stock acquisition proposal to Solana Company (HSDT) on June 15, 2026, offering 0.386 FWDI shares per HSDT share (approximately 10% premium). HSDT's board declined the offer on June 12th without discussion. Forward believes a combined entity would better serve shareholders and the Solana ecosystem.

HSDT FWDI acquisition proposal all-stock deal Solana ecosystem digital asset treasury cryptocurrency business combination
Sentiment note

Forward is actively pursuing strategic growth through acquisition, has assembled the largest Solana treasury, launched a liquid staking token (fwdSOL), and is set to join Russell indices. The company is executing its vision to become the 'Berkshire Hathaway of Solana' with strong operational momentum.

Positive GlobeNewswire Inc. • Forward Industries, Inc.
UPDATED: Forward Industries Announces Letter of Intent to Acquire SkyAI, Inc. (SKYA)

Forward Industries (NASDAQ: FWDI) announced a non-binding all-stock acquisition proposal to SkyAI (SKYA), offering 0.367 FWDI shares per SKYA share, representing a 20% premium to SKYA's closing price of $1.29. SKYA did not respond to the proposal by the June 12, 2026 deadline. Forward argues the combination would benefit SKYA shareholders by providing exposure to Forward's Solana treasury platform and stronger institutional positioning.

FWDI SKYA SKYAW acquisition proposal all-stock deal Solana ecosystem digital asset treasury non-binding proposal
Sentiment note

Forward is positioned as a strong acquirer with the largest Solana treasury, proven execution track record, access to growth capital, and support from major industry players (Galaxy Digital, Jump Crypto). The company is actively pursuing strategic growth through acquisition.

News and sentiment labels describe article tone and are provided for research purposes only. They are not trading recommendations or forecasts.
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