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Forward Industries ( (FORD) ) has shared an announcement.
In March 2025, Forward Industries, Inc. decided to discontinue its Original Equipment Manufacturer (OEM) segment and committed to selling it, leading to a strategic shift in its operations. The company has recast its financial statements to reflect the OEM segment as discontinued operations, impacting its financial results and disclosures for the fiscal year ended September 30, 2024, and the period ended December 31, 2024.
The most recent analyst rating on (FORD) stock is a Hold with a $11.50 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.
The overall stock score reflects significant financial challenges, including declining revenues and negative profitability, which are the most impactful factors. Technical analysis provides some positive signals, but the valuation remains unattractive due to the negative P/E ratio and lack of dividend yield. The absence of earnings call data and corporate events limits further insights.
To see Spark’s full report on FORD stock, click here.
More about Forward Industries
Forward Industries, Inc. operates in the manufacturing industry, focusing on Original Equipment Manufacturer (OEM) products. The company has recently shifted its market focus by selling its OEM business segment to Forward Industries (Asia-Pacific) Corporation.
Average Trading Volume: 150,921
Technical Sentiment Signal: Buy
Current Market Cap: $3.3B
Learn more about FORD stock on TipRanks’ Stock Analysis page.