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FRMO (FRMO) Stock Price & Analysis

FRMO Stock Chart & Stats

$6.32-$0.23(-3.51%)
At close: 4:00 PM EDT
$6.5$7$7.53 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$6.32 - $6.63
52-Week Range
$6.21 - $8.59
Previous Close
$6.55
Volume
4,100
Average Volume (3M)
7,541
Market Cap
$278.22M
Enterprise Value
$563.78M
Total Cash (Recent Filing)
$45.59M
Total Debt (Recent Filing)
$0
Price to Earnings (P/E)
2.8
Beta
0.35
Next Earnings
Jan 14, 2027 (Est.)
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Conservative Balance Sheet

Minimal or zero debt across periods, combined with substantial equity relative to assets, reduces financing pressure and preserves flexibility for an investment holding company. This provides resilience when portfolio returns or distributions are uneven and leaves capacity to allocate capital without heavy creditor demands.

Positive Operating Cash Flow

Positive operating cash flow in every year shown, with cash flow broadly tracking earnings in 2023–2025, indicates that reported profits converted into cash during those periods. That cash-generation record supports funding flexibility and gives the holding company a stronger base for reinvestment or distributions when results normalize.

Strong Profitability In Favorable Periods

Very high operating and net margins with sizable earnings in 2024–2025 demonstrate that the company can produce substantial profitability in favorable periods. Although not consistent, this earnings capacity can strengthen capital accumulation and support future investment activity when underlying holdings perform well.

Bears Say

Sharp Revenue Contraction

Revenue fell from approximately $263.4 million in 2025 to $9.9 million in 2026, while reported revenue growth was negative. Such a sharp contraction makes the earnings base difficult to forecast and weakens confidence that recent operating scale or income streams can persist over the next several quarters.

Highly Unstable Earnings

EPS growth of -96.8% and the financial review's reference to a major loss year show that profitability can change dramatically. This instability complicates capital allocation, reduces confidence in recurring earnings power, and makes future returns more dependent on fluctuating investment outcomes or monetization events.

Unreliable Free Cash Flow

Free cash flow was negative in 2021, strong in 2023–2025, and zero in 2026 as revenue and profit stepped down. This uneven conversion reduces internally generated funding reliability, makes distributions or reinvestment harder to plan, and increases dependence on volatile investment results.

FRMO News

FRMO FAQ

What was FRMO’s price range in the past 12 months?
FRMO lowest stock price was $6.21 and its highest was $8.59 in the past 12 months.
What is FRMO’s market cap?
FRMO’s market cap is $278.22M.
When is FRMO’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were FRMO’s earnings last quarter?
FRMO released its earnings results on Aug 28, 2026. The company reported -$1.226 earnings per share for the quarter.
Is FRMO overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does FRMO pay dividends?
FRMO does not currently pay dividends.
What is FRMO’s EPS estimate?
FRMO’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does FRMO have?
FRMO has 44,022,780 shares outstanding.
What happened to FRMO’s price movement after its last earnings report?
FRMO reported an EPS of -$1.226 in its last earnings report. Following the earnings report the stock price went down -3.156%.
Which hedge fund is a major shareholder of FRMO?
Hedge funds hold FRMO shares: the largest hedge-fund position in FRMO is 69,314,600 shares, and hedge funds decreased their holdings by 6.5K shares last quarter.
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