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Forward Industries Enters $4 Billion Equity Sales Agreement

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Forward Industries Enters $4 Billion Equity Sales Agreement

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Forward Industries ( (FORD) ) has issued an announcement.

On September 16, 2025, Forward Industries, Inc. entered into a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co., allowing the company to sell shares of its common stock up to an aggregate sales price of $4 billion. This agreement provides flexibility for Forward Industries to manage its stock offerings, with Cantor acting as the sales agent, and includes customary indemnification and contribution rights. The sales can be made in at-the-market offerings or other legal methods, with no obligation for the company to sell any shares, allowing them to suspend or terminate the agreement as needed.

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. is a New York-based company involved in the industry of offering and selling shares of its common stock. The company focuses on providing market offerings through controlled equity sales agreements.

Average Trading Volume: 150,921

Technical Sentiment Signal: Buy

Current Market Cap: $3.3B

Find detailed analytics on FORD stock on TipRanks’ Stock Analysis page.

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