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FRMM Stock Chart & Stats
$5.88
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Market closed
$5.88
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Day’s Range― - ―
52-Week Range$1.76 - $27.20
Previous CloseN/A
VolumeN/A
Average Volume (3M)156.04K
Market Cap
$58.87M
Enterprise Value$114.52
Total Cash (Recent Filing)$4.10M
Total Debt (Recent Filing)$25.95M
Price to Earnings (P/E)―
Beta2.91
Next Earnings
Nov 13, 2026EPS Estimate
-0.25Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-33.17
Shares Outstanding13,198,948
10 Day Avg. Volume102,873
30 Day Avg. Volume156,041
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.17
Price to Sales (P/S)6.11
P/FCF Ratio-1.54
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$11.00Price Target Upside87.07% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-5.1
Revenue Forecast (FY)$17.96M
Bulls Say, Bears Say
Bulls Say
High Gross Margin And Revenue GrowthThe combination of double-digit revenue growth and an approximately 82% gross margin indicates that Forum Markets can generate economically attractive revenue from its offerings. If growth continues, this margin structure could provide meaningful operating leverage once expenses are brought closer to the current revenue base.
Expansion Of Contracted Aviation IncomeThe aircraft engine acquisition adds a long-term, contractually supported income stream and expands Forum Markets’ aviation platform. Leasing assets to major airlines can diversify revenue beyond its existing activities, while servicing arrangements and sale options provide an established framework for managing the asset over time.
Moderate Current LeverageDebt remains moderate relative to the reported equity base, giving Forum Markets more balance-sheet flexibility than a highly leveraged company. This can preserve capacity to fund strategic initiatives or absorb operating volatility, although that flexibility depends on stabilizing losses and preventing further capital erosion.
Bears Say
Severe And Persistent UnprofitabilityLosses are vastly disproportionate to the company’s $10.8M of TTM revenue and have persisted across annual and trailing periods. This scale of unprofitability limits internally funded growth, raises dependence on future financing or asset monetization, and makes a durable earnings recovery the central fundamental challenge.
Ongoing Operating And Free Cash BurnForum Markets is consuming substantial cash rather than funding operations internally, so reported improvement in free-cash-flow growth does not yet represent positive cash generation. Continued burn can constrain investment in growth, increase reliance on external capital, and reduce resilience if losses remain elevated.
Shrinking Equity Base And Cash ObligationsMaterial equity erosion shows that losses have already reduced the capital base, weakening protection for shareholders and limiting financial flexibility. Separately, the amended Zippy terms create scheduled cash settlement obligations and permit share sales, adding potential funding pressure during the coming true-up periods.
Forum Markets News
FRMM FAQ
What was Forum Markets’s price range in the past 12 months?
Forum Markets lowest stock price was $1.76 and its highest was $27.20 in the past 12 months.
What is Forum Markets’s market cap?
Forum Markets’s market cap is $58.87M.
When is Forum Markets’s upcoming earnings report date?
Forum Markets’s upcoming earnings report date is Nov 13, 2026 which is in 58 days.
How were Forum Markets’s earnings last quarter?
Forum Markets released its earnings results on Aug 13, 2026. The company reported -$0.73 earnings per share for the quarter, missing the consensus estimate of -$0.26 by -$0.47.
Is Forum Markets overvalued?
According to Wall Street analysts Forum Markets’s price is currently Undervalued.
Does Forum Markets pay dividends?
Forum Markets does not currently pay dividends.
What is Forum Markets’s EPS estimate?
Forum Markets’s EPS estimate is -0.25.
How many shares outstanding does Forum Markets have?
Forum Markets has 13,198,948 shares outstanding.
What happened to Forum Markets’s price movement after its last earnings report?
Forum Markets reported an EPS of -$0.73 in its last earnings report, missing expectations of -$0.26. Following the earnings report the stock price went up 0.808%.
Which hedge fund is a major shareholder of Forum Markets?
Currently, no hedge funds are holding shares in FRMM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Forum Markets Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$11.00 (87.07% Upside)
$11.00 (87.07% Upside)
Hedge Fund Trend
Decreased
By 647.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 5.9%
Last 30 Days ▼ 5.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-80.88%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
1384.31%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Forum Markets
Operating within the decentralized finance (DeFi) sector, ETHZilla Corp. is a technology firm. Its core mission is to facilitate global connectivity among financial institutions, enterprises, and various organizations by providing secure and readily accessible blockchain transactions, leveraging implementations of the Ethereum Network protocol. Furthermore, the company sustains its efforts in the biotechnology and gaming industries, overseeing their deployment and ongoing advancement. Founded on September 7, 2016, by Marc Feldmann, Lawrence J. Steinman, and Jonathan B. Rothbard, ETHZilla Corp. is headquartered in Palm Beach, Florida.
FRMM Company Deck
FRMM Earnings Call
Q2 2026
0:00 / 0:00
FRMM Stock 12 Month Forecast
Average Price Target
$11.00
▲(87.07% Upside)
Technical Analysis
Ownership Overview
36.70% Insiders
2.48% Mutual Funds
11.75% Other Institutional Investors
45.74% Public Companies and
Individual Investors