Forward Industries, Inc. is a Solana (SOL) focused digital asset treasury company. It is focused on buying, holding, stake, trade, investing in, and growing SOL and SOL related digital assets, protocols and businesses. It is building and managing the Solana treasury for long-term shareholder value. The Company has two reportable segments: digital assets and design. The digital assets segment captures SOL-based yield generated by participating in the Solana networkâ€™s staking protocol, which comprises rewards received from native staking. The design segment consists of two operating segments (IPS and Kablooe) that provide a full spectrum of hardware and software product design and engineering services to customers predominantly located in the United States.

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Corporate Financial Services

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Real-time Estimate Cboe BZX 21:56:46 22/09/2026 +03			5-day change	1st Jan Change
8.630 ^USD	0.00%		0.00%	-

03:01pm	B. Riley Raises Price Target on Forward Industries to $11 From $9, Keeps Buy Rating	MT
09-15	Forward Industries Makes Updated Non-Binding Proposal to Acquire SkyAI	MT

Market Cap	603M 527M 496M 452M 849M 57.68B 849M 5.95B 2.29B 29.45B 2.27B 2.22B 94.95B	P/E 2026 *	-0.82x	P/E 2027 *	117x
Enterprise Value	603M 527M 496M 452M 849M 57.68B 849M 5.95B 2.29B 29.45B 2.27B 2.22B 94.95B	EV / Sales 2026 *	10.5x	EV / Sales 2027 *	12.6x
Free-Float	58.31%	Yield 2026 *	-	Yield 2027 *	-

03:01pm	B. Riley Raises Price Target on Forward Industries to $11 From $9, Keeps Buy Rating	MT
09-15	Forward Industries Makes Updated Non-Binding Proposal to Acquire SkyAI	MT
09-03	B. Riley Adjusts Forward Industries Price Target to $9 From $7, Maintains Buy Rating	MT
08-13	B. Riley Adjusts Price Target on Forward Industries to $7 From $8, Maintains Buy Rating	MT
08-13	Forward Industries, Inc., Q3 2026 Earnings Call, Aug 12, 2026
08-13	Forward Industries, Inc. Seeks M&A Opportunities	CI
08-12	Forward Industries Fiscal Q3 Loss Widens, Revenue Rises	MT
08-12	Tranche Update on Forward Industries, Inc.'s Equity Buyback Plan announced on November 4, 2025.	CI
08-12	Forward Industries, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2026	CI
07-21	Forward Industries Says No Takeover Offer for Brera	MT
07-17	Forward Industries, Inc. cancelled the acquisition of SkyAI, Inc..	CI
07-16	Forward Industries, Inc. Announces Appointment of Michael Ashe to Board of Directors, Effective July 15, 2026	CI
07-01	Cantor Fitzgerald Initiates Forward Industries at Overweight With $7.90 Price Target	MT

03:01pm	B. Riley Raises Price Target on Forward Industries to $11 From $9, Keeps Buy Rating	MT
09-03	B. Riley Adjusts Forward Industries Price Target to $9 From $7, Maintains Buy Rating	MT
08-13	B. Riley Adjusts Price Target on Forward Industries to $7 From $8, Maintains Buy Rating	MT
07-01	Cantor Fitzgerald Initiates Forward Industries at Overweight With $7.90 Price Target	MT
05-15	B. Riley Adjusts Price Target on Forward Industries to $8 From $7, Maintains Buy Rating	MT

Forward Industries, Inc. Stock Bolsa de Valores de Costa Rica

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US3499321038

Corporate Financial Services

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09-21	Forward Industries’ SOL Holdings Rise to Approximately 8.16 Million SOL	AQ
09-15	Forward Industries Announces Updated Proposal to Acquire SkyAI, Inc.	AQ
09-09	Forward Industries Urges Shareholders of SkyAI to Vote No at the 2026 Annual Meeting	AQ
08-12	Forward Industries Reports Fiscal Third Quarter 2026 Financial and Operating Results	AQ
07-29	Forward Industries Schedules Fiscal Third Quarter 2026 Conference Call for August 12, 2026 at 5:00 p.m. ET	AQ

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Manager	Title	Age	Since
Michael Pruitt CEO	Chief Executive Officer	65	16/05/2025
Mark Brazier DFI	Director of Finance/CFO	-	13/04/2026
Ryan Navi CIO	Chief Investment Officer	-	01/12/2025

Director	Title	Age	Since
Sangita Vadilal M. Shah CHM	Chairman	60	-
Michael Pruitt BRD	Director/Board Member	65	10/09/2025
Keith Johnson BRD	Director/Board Member	68	16/05/2025

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
FORWARD INDUSTRIES, INC.	0.00%	0.00%	-	-	603M
FEDERAL NATIONAL MORTGAGE ASSOCIATION	-1.70%	-2.67%	-60.84%	+661.07%	28.69B
FEDERAL HOME LOAN MORTGAGE CORPORATION	-2.43%	-3.08%	-61.98%	+611.29%	14.56B
MITSUBISHI HC CAPITAL INC.	-1.42%	-1.00%	+12.01%	+31.23%	12.61B
POWER FINANCE CORPORATION LIMITED	+0.30%	-2.16%	-15.47%	+50.54%	11.88B
INDIAN RAILWAY FINANCE CORPORATION LIMITED	-0.27%	-1.34%	-38.31%	+7.45%	10.94B
REC LIMITED	-1.00%	-1.79%	-20.13%	+18.53%	8.53B
L&T FINANCE LIMITED	-0.94%	-1.36%	+23.59%	+147.48%	8.02B
ELEMENT FLEET MANAGEMENT CORP.	-0.92%	-1.44%	-34.12%	+24.63%	6.97B
Average	-0.96%	-3.19%	-24.41%	+194.03%	12.78B
Weighted average by Cap.	-1.22%	-4.62%	-32.49%	+298.02%

	2026 *	2027 *
Net sales	57.27M 50.05M 47.04M 42.93M 80.57M 5.48B 80.58M 565M 218M 2.8B 215M 210M 9.01B	48M 41.95M 39.43M 35.98M 67.53M 4.59B 67.54M 473M 183M 2.34B 180M 176M 7.55B
Net income	-889M -777M -730M -666M -1.25B -84.98B -1.25B -8.76B -3.38B -43.4B -3.34B -3.27B -140B	6.41M 5.6M 5.27M 4.81M 9.02M 613M 9.02M 63.2M 24.39M 313M 24.08M 23.55M 1.01B
Net Debt	-	-