Forum Markets (FRMM)
NASDAQ:FRMM
Want to see FRMM full AI Analyst Report?
FRMM Stock Chart & Stats
$5.11
--
Market closed
$5.11
--
Day’s Range― - ―
52-Week Range$1.76 - $174.60
Previous CloseN/A
VolumeN/A
Average Volume (3M)10.88M
Market Cap
$77.22M
Enterprise Value$25.62M
Total Cash (Recent Filing)$65.91M
Total Debt (Recent Filing)$27.10M
Price to Earnings (P/E)―
Beta2.66
Next Earnings
Nov 13, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-35.44
Shares Outstanding14,542,979
10 Day Avg. Volume11,273,046
30 Day Avg. Volume10,878,207
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.11
Price to Sales (P/S)3.87
P/FCF Ratio-0.97
Enterprise Value/Market Cap0.33
Enterprise Value/Revenue2.72
Enterprise Value/Gross Profit2.72
Enterprise Value/Ebitda-0.05
Forecast
1Y Price Target
$10.00Price Target Upside95.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-5.17
Revenue Forecast (FY)$18.75M
Bulls Say, Bears Say
Bulls Say
Sustained Revenue GrowthA ~44% TTM revenue increase to ~$9.4M shows the company is converting product-market fit and scaling commercial traction. Durable top-line growth provides a foundation to improve unit economics and absorb fixed costs over time, supporting eventual path to profitability if sustained.
Low Financial LeverageModest debt (D/E ~0.16) reduces near-term solvency risk and gives management flexibility to fund strategic initiatives, pursue asset acquisitions, or support tokenization efforts without heavy interest burdens. Low leverage is a durable buffer during execution cycles.
Diversified Asset-backed Lending PlatformEstablished master agreements and warehouse facilities for manufactured housing and auto loans, plus AI chip bridge loan programs, create scalable, income-generating pipelines. These enduring lending corridors support repeatable fees, asset-tokenization opportunities, and structural revenue diversification.
Bears Say
Large Reported Net LossesAn approximately $516M net loss overwhelms the modest revenue base, indicating heavy non-operating charges or prior impairments and very weak profitability. Such large accumulated losses erode shareholder equity and impede sustainable earnings generation absent material cost or revenue scale improvements.
Persistent Negative Cash FlowConsistent negative operating and free cash flow (TTM ~-$45.6M and -$62.5M) means the business consumes cash to run and grow. Over months this necessitates external funding, asset monetization, or capital raises, creating execution risk and limiting reinvestment capacity into core initiatives.
Eroding Capital BaseMaterial declines in equity and total assets reflect value destruction from losses and impairments. A shrinking capital base reduces the firm’s capacity to absorb shocks, undercuts leverage for future lending expansion, and weakens long-term financial resilience without corrective action.
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 $174.60 in the past 12 months.
What is Forum Markets’s market cap?
Forum Markets’s market cap is $77.22M.
When is Forum Markets’s upcoming earnings report date?
Forum Markets’s upcoming earnings report date is Nov 13, 2026 which is in 157 days.
How were Forum Markets’s earnings last quarter?
Forum Markets released its earnings results on May 14, 2026. The company reported -$3.64 earnings per share for the quarter, missing the consensus estimate of N/A by -$3.64.
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 for its next earnings report is not yet available.
How many shares outstanding does Forum Markets have?
Forum Markets has 14,542,979 shares outstanding.
What happened to Forum Markets’s price movement after its last earnings report?
Forum Markets reported an EPS of -$3.64 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 9.193%.
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:
$10.00 (95.69% Upside)
$10.00 (95.69% Upside)
Hedge Fund Trend
Decreased
By 60.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 5.3%
Last 30 Days ▼ 5.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-61.20%
12-Months-Change
Fundamentals
Return on Equity
-240.64%
Trailing 12-Months
Asset Growth
1681.95%
Trailing 12-Months
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
Q1 2026
0:00 / 0:00
FRMM Stock 12 Month Forecast
Average Price Target
$10.00
▲(95.69% Upside)
Technical Analysis
TruBridge
―
So-Young International
―
Coincheck Group
―
Fold Holdings
―
Alto Neuroscience, Inc.
―
Ownership Overview
48.09% Insiders
2.29% Mutual Funds
31.85% Other Institutional Investors
15.44% Public Companies and
Individual Investors
Options Prices
Currently, No data available
---