SkyAI Says Formed Special Committee To Review All-Stock Proposal From Forward Industries; Board And Special Committee Reject Forward Industries Proposal

B. Riley Securities Maintains Buy on Forward Industries, Raises Price Target to $9

B. Riley Securities analyst Fedor Shabalin maintains Forward Industries (NASDAQ:FWDI) with a Buy and raises the price target from $7 to $9.

Napco Security Technologies Posts Upbeat Q4 Results, Joins Alvotech, Rum Group And Other Big Stocks Moving Higher On Monday

The text discusses recent gains in the stock market, particularly for companies like Napco Security Technologies and SuperX AI Technology. US stocks were mixed, with the Dow Jones index gaining 150 points. Napco Security Technologies rose after better-than-expected results. Other big gainers include SuperX AI, Evolution Metals, and Cleveland-Cliffs.

These Analysts Revise Their Forecasts On Forward Industries Following Q3 Results

NASDAQ:FWDI reports $69M net loss in Q3 but 9% growth in SOL per share. Revenue grows 4x YoY. Analysts adjust price targets.

B. Riley Securities Maintains Buy on Forward Industries, Lowers Price Target to $7

B. Riley Securities analyst Fedor Shabalin maintains Forward Industries (NASDAQ:FWDI) with a Buy and lowers the price target from $8 to $7.

SkyAI Q2 EPS $(0.32) Down From $3.58 YoY

SkyAI (NASDAQ:SKYA) reported quarterly losses of $(0.32) per share. This is a 108.94 percent decrease over earnings of $3.58 per share from the same period last year.

SkyAI Confirms Receipt of Unsolicited, Non-Binding Proposal From Forward Industries Regarding A Potential All-Stock Business Combination; Under The Terms Of The Proposal, SkyAI Stockholders Would Receive 0.367 Newly Issued Shares Of Forward Common Stock For Each Share Of SkyAI Common Stock