F
Ford Motor Company
F has a slight edge over FWDI overall, supported by lower modeled downside and stronger fundamentals.
FWDI
Forward Industries, Inc.
FWDI offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
F Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Strong |
F's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
FWDI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Weak | |
| Weak | |
| Strong |
FWDI's revenue and balance sheet are currently strong, but its profitability and cash flow are weak.
F PE Valuation
F has no meaningful PE right now: it lost money over the past year.
FWDI PE Valuation
FWDI has no meaningful PE right now: it lost money over the past year.
F Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect F's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
FWDI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| -- | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for FWDI, with profitability holding steady. However, they disagree widely on these estimates.
F Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.78 | — |
| Q3 2026 | -$1.97 | -270% |
| Q2 2026 | -$1.87 | -340% |
| Q1 2026 | -$1.55 | -224% |
| Q4 2025 | -$2.06 | -241% |
| Q3 2025 | $1.16 | +32% |
| Q2 2025 | $0.78 | -19% |
| Q1 2025 | $1.25 | +29% |
| Q4 2024 | $1.46 | +35% |
F has the edge over FWDI on earnings, with more consistent year-over-year improvement.
FWDI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.28 | — |
| Q2 2026 | -$31.55 | -$27.50 |
| Q1 2026 | -$31.52 | -$27.88 |
| Q4 2025 | -$29.86 | -$27.04 |
| Q3 2025 | -$24.59 | -$22.01 |
| Q2 2025 | -$4.05 | -$0.89 |
| Q1 2025 | -$3.64 | -$0.34 |
| Q4 2024 | -$2.82 | +$0.88 |
| Q3 2024 | -$2.58 | +$1.12 |
FWDI lost $31.55 per share over the past year, and its loss has widened in each of the last seven quarters.
F Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $49.5B | -2% |
| Q2 2026 | $48.3B | -3.8% |
| Q1 2026 | $43.3B | +6.4% |
| Q4 2025 | $45.9B | -4.8% |
| Q3 2025 | $50.5B | +9.4% |
| Q2 2025 | $50.2B | +5% |
| Q1 2025 | $40.7B | -5% |
| Q4 2024 | $48.2B | +4.9% |
F's revenue grew through 2023 and has held roughly level since: $49.5B last quarter, down 2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.9% | -0.1 points |
| Q2 2026 | 1.3% | +0.3 points |
| Q1 2026 | 5.4% | +4.6 points |
| Q4 2025 | -25% | -28 points |
| Q3 2025 | 3.1% | +1.2 points |
| Q2 2025 | 1% | -2.9 points |
| Q1 2025 | 0.8% | -2.1 points |
| Q4 2024 | 2.5% | +3.1 points |
F has the edge over FWDI on profitability, with a higher operating margin.
FWDI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $10.8M | +332% |
| Q1 2026 | $13M | +315% |
| Q4 2025 | $21.4M | +224% |
| Q3 2025 | $7.9M | +8.4% |
| Q2 2025 | $2.5M | -68% |
| Q1 2025 | $3.1M | -60% |
| Q4 2024 | $6.6M | -7.5% |
| Q3 2024 | $7.3M | +44% |
FWDI has the edge over F on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -652% | -549 points |
| Q1 2026 | -2192% | -2134 points |
| Q4 2025 | -2723% | -2712 points |
| Q3 2025 | -39% | -31 points |
| Q2 2025 | -103% | -98 points |
| Q1 2025 | -58% | -51 points |
| Q4 2024 | -11% | -5.4 points |
| Q3 2024 | -8.6% | -48 points |
FWDI's operating margin was −652% last quarter, down 549 points from the same quarter a year ago, near the bottom of its range since 2019.
F Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.1B | -40% |
| Q2 2026 | $2B | -54% |
| Q1 2026 | -$1.1B | -157% |
| Q4 2025 | $1.1B | +108% |
| Q3 2025 | $5.3B | +50% |
| Q2 2025 | $4.2B | +24% |
| Q1 2025 | $1.9B | +$2.6B |
| Q4 2024 | $530M | +169% |
F has the edge over FWDI on cash generation, producing positive trailing cash flow while its opponent burns cash.
FWDI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$3.4M | -$2.1M |
| Q1 2026 | -$4.8M | -$4.2M |
| Q4 2025 | -$7.9M | -$7.5M |
| Q3 2025 | -$2.3M | -597% |
| Q2 2025 | -$1.2M | -379% |
| Q1 2025 | -$563.2K | +$101.7K |
| Q4 2024 | -$415.6K | -531% |
| Q3 2024 | $463.7K | +1% |
FWDI has burned cash in seven of the last eight quarters: −$18M over the past year, against −$2M the year before.
F Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.2% | +89M shares |
| 1 year | +0.7% | +28M shares |
| 3 years | +0.6% | +26M shares |
| 5 years | +1% | +40M shares |
| Available history | +1.8% | +72M shares |
F has the edge over FWDI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $311M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $150M |
F spent $311M buying back its own shares over the past year, up 107% from the year before.
FWDI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -8.7% | -8.2M shares |
| 1 year | +7774% | +85.6M shares |
| 3 years | +8517% | +85.7M shares |
| 5 years | +8649% | +85.7M shares |
| Available history | +8995% | +85.7M shares |
FWDI has 87M diluted shares, up 7774% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $11.8M |
| Q1 2026 | $47.1M |
| Q4 2025 | $10.9M |
F Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.5x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.0x | Net Cash |
| Q4 2025 | -3.4x | Net Cash |
| Q3 2025 | -2.4x | Net Cash |
| Q2 2025 | -2.2x | Net Cash |
| Q1 2025 | -1.8x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
F has more cash than debt.
FWDI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2024 | -1.9x | Net Cash |
| Q1 2024 | -1.7x | Net Cash |
| Q4 2023 | -3.9x | Net Cash |
| Q3 2023 | -4.4x | Net Cash |
| Q1 2022 | -0.1x | Net Cash |
FWDI has more cash than debt.
F Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 19.6 | Oversold |
F's weekly RSI is 41 (neutral) and its Stochastic is 20 (oversold).
FWDI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.1 | Neutral |
| Stochastic | 37.8 | Neutral |
FWDI's weekly RSI is 43 (neutral) and its Stochastic is 38 (neutral).
F PE vs Consumer Cyclical Sector
| Metric | F | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
F has no meaningful PE right now: it lost money over the past year.
FWDI PE vs Consumer Cyclical Sector
| Metric | FWDI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
FWDI has no meaningful PE right now: it lost money over the past year.
F Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.2 | 2.5% below |
| 20 week MA | $13.3 | 11% below |
| 50 week MA | $13.4 | 11% below |
| 100 week MA | $12.1 | 2% below |
| 200 week MA | $12.1 | 1.4% below |
F is in a downtrend: it's below all five of its weekly moving averages, and 1.4% below its 200-week average.
FWDI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.85 | 26% below |
| 20 week MA | $5.80 | 12% below |
| 50 week MA | $5.57 | 8.8% below |
| 100 week MA | $7.85 | 35% below |
| 200 week MA | $7.50 | 32% below |
FWDI is in a downtrend: it's below all five of its weekly moving averages, and 32% below its 200-week average.
F Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.36 | $8.86 | -5.3% |
| 2021 | $8.86 | $20.3 | +129% |
| 2022 | $20.3 | $11.4 | -44% |
| 2023 | $11.4 | $12.2 | +7.3% |
| 2024 | $12.2 | $10.0 | -18% |
| 2025 | $10.0 | $13.3 | +33% |
| 2026 YTD | $13.3 | $11.9 | -11% |
F has the edge over FWDI on returns for 2026, with the stronger performance.
FWDI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.94 | $18.8 | +89% |
| 2021 | $18.8 | $16.0 | -15% |
| 2022 | $16.0 | $11.2 | -30% |
| 2023 | $11.2 | $7.29 | -35% |
| 2024 | $7.29 | $5.16 | -29% |
| 2025 | $5.16 | $7.03 | +36% |
| 2026 YTD | $7.03 | $5.08 | -28% |
FWDI has finished lower in four of the last six years. It's down 28% so far in 2026.