Forum Markets (FRMM)

NASDAQ:FRMM

FRMM

Forum Markets

RESEARCH TOOLSreports

Forum Markets (FRMM) Price & Analysis

Q: What was Forum Markets’s price range in the past 12 months?

Forum Markets lowest stock price was $2.61 and its highest was $174.60 in the past 12 months.

Q: What is Forum Markets’s market cap?

Forum Markets’s market cap is $53.42M.

Q: When is Forum Markets’s upcoming earnings report date?

Forum Markets’s upcoming earnings report date is Nov 13, 2026 which is in 224 days.

Q: How were Forum Markets’s earnings last quarter?

Forum Markets released its earnings results on Mar 31, 2026. The company reported -$12.048 earnings per share for the quarter, missing the consensus estimate of N/A by -$12.048.

Q: Is Forum Markets overvalued?

According to Wall Street analysts Forum Markets’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Q: Does Forum Markets pay dividends?

Forum Markets does not currently pay dividends.

Q: What is Forum Markets’s EPS estimate?

Forum Markets’s EPS estimate for its next earnings report is not yet available.

Q: How many shares outstanding does Forum Markets have?

Forum Markets has 19,012,232 shares outstanding.

Q: What happened to Forum Markets’s price movement after its last earnings report?

Forum Markets reported an EPS of -$12.048 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 4.71%.

Q: Which hedge fund is a major shareholder of Forum Markets?

Currently, no hedge funds are holding shares in FRMM

611 Followers

FRMM Stock Chart & Stats

$5.11

Market closed

$5.11

Day’s Range― - ―

52-Week Range$2.61 - $174.60

Previous CloseN/A

VolumeN/A

Average Volume (3M)10.88M

Market Cap

$53.42M

Enterprise Value$499.84M

Total Cash (Recent Filing)$53.31M

Total Debt (Recent Filing)$496.76M

Price to Earnings (P/E)―

Beta2.16

Next Earnings

Nov 13, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-12.05

Shares Outstanding19,012,232

10 Day Avg. Volume11,273,046

30 Day Avg. Volume10,878,207

Financial Highlights & Ratios

PEG Ratio<0.01

Price to Book (P/B)0.18

Price to Sales (P/S)0.00

P/FCF Ratio-1.13

Enterprise Value/Market Cap9.36

Enterprise Value/Revenue121.61

Enterprise Value/Gross Profit121.61

Enterprise Value/Ebitda-2.18

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)570

Revenue Forecast (FY)$30.41M

Bulls Say, Bears Say

Bulls Say

Convertible Note RedemptionEliminating ~$516M of outstanding convertible notes removes a major dilution and claim on equity, materially simplifying the capital structure and reducing future conversion-related overhang. This structural change enhances strategic optionality and lowers governance complexity for 2–6 months and beyond.

Strategic Stakes For TokenizationOwning a meaningful stake in Karus provides durable access to an AI decisioning engine and originator network, enabling scalable on-chain underwriting and pool formation. This strengthens ETHZilla's competitive moat in real-world asset tokenization and supports entry into large ABS markets over the medium term.

Sizable Asset Base And EquityA substantial asset base and positive equity provide tangible balance-sheet capacity to fund strategic initiatives, support tokenized asset custody, and absorb near-term volatility. This financial foundation, combined with institutional capital access, offers enduring liquidity optionality for growth execution.

Bears Say

Large Ongoing Net LossesA multi-hundred-million dollar trailing loss versus minimal revenue signals an unproven, cash-burning business model. Persistent large losses undermine reinvestment capacity, prolong the path to sustainable profitability, and increase reliance on financing or asset disposals over the coming months.

Negative Operating Cash FlowConsistent negative operating and free cash flows indicate the company is not self-funding its operations, raising durable refinancing and liquidity risk. Continued cash burn pressures strategic execution, forces asset sales or capital raises, and limits runway for scaling tokenization initiatives.

Asset-Mix And Execution RiskExpanding into leased aircraft engines introduces non-core operational complexity and illiquid physical assets, increasing execution and asset-disposition risk. Servicing agreements and reciprocal call/put options create contingent obligations that can complicate returns and distract from core DeFi/tokenization priorities.

Forum Markets News

Forum Markets Delays Annual 10-K Yearly Filing

Forum Markets ( ($FRMM) ) has released a notification of late filing. Forum Markets, Incorporated has filed a...

2d ago

FRMM

Forum Markets Expands Manufactured Housing Loan Portfolio Framework

Forum Markets ( ($FRMM) ) has provided an announcement. On March 23, 2026, Forum Markets, via its wholly...

6d ago

FRMM

Forum Markets Secures Revolving Facility for Auto Loans

The latest update is out from Forum Markets ( ($FRMM) ). On March 5, 2026, ETHZilla Auto Loans,...

21d ago

FRMM

Forum Markets appoints Robert Spake as General Counsel

Forum Markets (FRMM)appointed Robert Spake as the company’s General Counsel. Most recently, Spake served as senior director and...

1M ago

FRMM

FRMM FAQ

What was Forum Markets’s price range in the past 12 months?

Forum Markets lowest stock price was $2.61 and its highest was $174.60 in the past 12 months.

What is Forum Markets’s market cap?

Forum Markets’s market cap is $53.42M.

When is Forum Markets’s upcoming earnings report date?

Forum Markets’s upcoming earnings report date is Nov 13, 2026 which is in 224 days.

How were Forum Markets’s earnings last quarter?

Forum Markets released its earnings results on Mar 31, 2026. The company reported -$12.048 earnings per share for the quarter, missing the consensus estimate of N/A by -$12.048.

Is Forum Markets overvalued?

According to Wall Street analysts Forum Markets’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

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 19,012,232 shares outstanding.

What happened to Forum Markets’s price movement after its last earnings report?

Forum Markets reported an EPS of -$12.048 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 4.71%.

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

Fundamentals

Return on Equity

-192.62%

Trailing 12-Months

Asset Growth

9540.18%

Trailing 12-Months

Top Smart Score Stocks >

Company Description

Forum Markets

ETHZilla Corp. is a technology company in the decentralized finance (DeFi) industry, which intends to connect financial institutions, businesses, and organizations worldwide by enabling secure, accessible blockchain transactions through Ethereum Network protocol implementations. It continues to maintain the deployment and development of its biotech and gaming operations. The company was founded by Marc Feldmann, Lawrence J. Steinman, and Jonathan B. Rothbard on September 7, 2016 and is headquartered in Palm Beach, FL.