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Forward Industries, Inc. (FWDI) Stock Grade

FWDI · Consumer Cyclical

D+
Grade updated: July 18, 2026
Computed by the GradeMyInvestments scoring model from revenue growth, profitability, balance-sheet strength, and analyst targets.
Market Cap
$1.7B
P/E Ratio
Revenue Growth (YoY)
-39.8%
Net Margin
-918.1%
Return on Equity
Dividend Yield
None

About Forward Industries, Inc.'s fundamentals

Forward Industries reported significant operational challenges, with revenue declining 39.8% year-over-year and the company posting a substantial net loss in its latest annual statement, resulting in a net margin of -918.1%. The company does not currently pay a dividend and has a market capitalization of $1.7 billion. Traditional profitability metrics such as price-to-earnings ratio and return on equity are not meaningful given the company's loss position.

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