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Forward Industries ( (FORD) ) has issued an update.
On October 27, 2025, Forward Industries, Inc. announced that its Board of Directors approved an employment agreement with interim CEO Michael Pruitt, effective from September 10, 2025, for a six-month term with a monthly salary of $30,000. The Board also set non-executive director compensation for fiscal year 2026 at $100,000 annually, excluding the Chairman, Kyle Samani. Additionally, Sangita Shah and Keith Johnson were appointed as Chairpersons of the Compensation and Audit and Risk Committees, respectively.
The most recent analyst rating on (FORD) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on Forward Industries stock, see the FORD Stock Forecast page.
Spark’s Take on FORD Stock
According to Spark, TipRanks’ AI Analyst, FORD is a Neutral.
Forward Industries is currently facing significant financial and operational challenges, with declining revenues and negative profitability margins. The technical analysis indicates bearish momentum, and the valuation metrics suggest the stock may be overvalued given its current earnings potential. These factors contribute to a low overall stock score.
To see Spark’s full report on FORD stock, click here.
More about Forward Industries
Average Trading Volume: 399,766
Technical Sentiment Signal: Buy
Current Market Cap: $1.21B
For an in-depth examination of FORD stock, go to TipRanks’ Overview page.