An ambidextrous folding stock assembly for a firearm includes a forward hinge fitting attached to the firearm, a central assembly disposed on a rear side of the forward hinge fitting, and a rear hinge fitting disposed on a rear side of the central assembly. The central assembly includes at least one hinge body, an actuation portion including a lower portion disposed below the at least one hinge body, and at least one latch portion disposed below the at least one hinge body.