Recent Analysts’ Ratings Updates for Forward Industries (FWDI)

A number of research firms have changed their ratings and price targets for Forward Industries (NASDAQ: FWDI):

• 7/4/2026 – Forward Industries was upgraded by Wall Street Zen from “sell” to “hold”.
• 7/2/2026 – Forward Industries was upgraded by Cantor Fitzgerald to “strong-buy”.
• 6/30/2026 – Forward Industries is now covered by Cantor Fitzgerald. They set an “overweight” rating and a $7.90 price target on the stock.
• 6/30/2026 – Forward Industries is now covered by Cantor Fitzgerald. They set an “overweight” rating and a $7.90 price target on the stock.
• 6/23/2026 – Forward Industries was upgraded by Weiss Ratings from “sell (e+)” to “sell (d-)”.
• 5/16/2026 – Forward Industries was downgraded by Wall Street Zen from “hold” to “sell”.
• 5/15/2026 – Forward Industries had its “buy” rating reaffirmed by B. Riley Financial, Inc..

Forward Industries, Inc is a company that designs, manufactures and markets protective solutions and accessories for portable electronic devices. Its product range typically includes protective cases, covers, sleeves, holsters and carrying solutions tailored for smartphones, tablets and other consumer electronics, along with related accessory items. The company combines industrial design and materials engineering to produce products that protect devices from impact, abrasion and everyday wear.

The business model centers on product design, sourcing and distribution for retail, wholesale and original equipment manufacturer (OEM) channels.