Forward Industries, Inc. (FWDI) Stock Forecast

NASDAQ: FWDIAnalyst ratings, price target and estimates.

FWDI analyst forecast

as of October 18, 2026
Analyst consensus
Strong buy
5.00 / 5 from 3 analysts
Price target
$11.83
average of analyst targets
Upside to target
+71.2%
from the latest close
Next earnings
December 10, 2026
EPS estimate $0.02
52-week range
$3.54 – $20.34

FWDI analyst ratings

3 analysts
Strong buy
3100%
Buy
00%
Hold
00%
Sell
00%
Strong sell
00%

Number of analysts at each rating.

FWDI price target

Price $6.91Target $11.83
52-week low $3.5452-week high $20.34

The average of analyst 12-month price targets compared with the latest close and the 52-week range.

FWDI earnings per share estimates

Forward Industries, Inc. EPS estimates
PeriodAverageLowHighYear agoGrowthAnalysts
Next quarter (Dec '26)$0.06$0.01$0.10−$5.91+100.9%2
Current fiscal year (FY2026)−$10.19−$10.19−$10.19−$24.59+63.7%1
Next fiscal year (FY2027)$0.26$0.26$0.26−$10.19+102.6%1

Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.

FWDI revenue estimates

Forward Industries, Inc. revenue estimates
PeriodAverageLowHighGrowthAnalysts
Next quarter (Dec '26)$11.5M$11.5M$11.5M—1
Current fiscal year (FY2026)$57.6M$56.6M$59.2M—3
Next fiscal year (FY2027)$56.0M$46.0M$66.0M−2.8%2

FWDI EPS: reported and forecast

Reported EPSEstimate (average; low–high)

Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.

FWDI revenue: reported and forecast

Reported revenueEstimate (average; low–high)

FWDI EPS estimate revisions

Forward Industries, Inc. EPS estimate revisions
Period90 days ago60 days ago30 days ago7 days agoNowChange (90 d)Revisions (30 d)
Next quarter (Dec '26)$0.00$0.06$0.06$0.04$0.06—1 up · 0 down
Current fiscal year (FY2026)$0.00$0.00−$10.21−$10.21−$10.19—1 up · 0 down
Next fiscal year (FY2027)$0.00$0.22$0.20$0.08$0.26—1 up · 0 down

How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.

FWDI earnings surprises

Reported EPSEstimate

Reported EPS vs the consensus estimate for the last 12 quarters; FWDI beat in 1 of 2.

What analysts expect from FWDI

3 analysts cover Forward Industries; their consensus rating is strong buy (5.00 on a 1–5 scale, where 5 is a strong buy). The average price target is $11.83, 71.2% above the latest close of $6.91. Analysts expect earnings of −$10.19 per share for FY2026, +63.7% from a year earlier. For FY2027 the average estimate is $0.26 per share on revenue of $56.0 million. Forward Industries beat the EPS estimate in 1 of the last 2 quarters.

Related: FWDI income statement, FWDI key metrics, FWDI chart. See the FWDI stock overview for the latest quote and news.

FWDI forecast FAQ

What is Forward Industries's price target?

The average analyst price target for Forward Industries is $11.83, 71.2% above the latest close of $6.91.

Is Forward Industries a buy, hold or sell?

Of 3 analysts covering Forward Industries, 3 rate it a strong buy, 0 a buy, 0 a hold, 0 a sell and 0 a strong sell, a consensus of strong buy. Ratings are opinions, not a recommendation from Quotelinks.

What is Forward Industries's EPS forecast?

Analysts forecast −$10.19 per share for FY2026 (range −$10.19 to −$10.19); for FY2027 the estimate is $0.26.

What is Forward Industries's revenue forecast?

The average revenue estimate for FY2026 is $57.6 million; for FY2027 it is $56.0 million.

When does Forward Industries report earnings?

Forward Industries is expected to report results for the quarter ending September 30, 2026 on December 10, 2026; the EPS estimate is $0.02.

Does Forward Industries usually beat earnings estimates?

Forward Industries reported EPS at or above the analyst estimate in 1 of the last 2 quarters.

Asset Management: forecast