Forum Markets (FRMM)
NASDAQ:FRMM
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FRMM Stock Chart & Stats
$5.11
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Market closed
$5.11
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Day’s Range― - ―
52-Week Range$1.76 - $174.60
Previous CloseN/A
VolumeN/A
Average Volume (3M)10.88M
Market Cap
$66.03M
Enterprise Value$27.22M
Total Cash (Recent Filing)$65.91M
Total Debt (Recent Filing)$27.10M
Price to Earnings (P/E)―
Beta2.81
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 Cap0.41
Enterprise Value/Revenue2.89
Enterprise Value/Gross Profit2.89
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)-0.44
Revenue Forecast (FY)$18.30M
Bulls Say, Bears Say
Bulls Say
Revenue GrowthA sustained ~44% TTM revenue increase to ~$9.4M indicates meaningful commercialization and product-market fit progress. Over 2–6 months this trend supports scaling potential and revenue base expansion, which can underpin future margin improvement as fixed costs leverage and product adoption deepens.
Low LeverageModest debt relative to equity (debt/equity ~0.16) provides durable financial flexibility, limiting near-term solvency risk and enabling management to deploy cash for buybacks, strategic investments or loan purchases without heavy interest burdens, preserving optionality while pursuing growth initiatives.
Strategic Actions & Capital AllocationReinitiated repurchases, a specialcommittee-led strategic review and retained adviser show durable focus on unlocking shareholder value and pursuing M&A, asset sales or partnerships. These structural actions can materially reshape capital allocation and accelerate strategic pivots over coming months.
Bears Say
Profitability & Net LossA very large net loss (~-$516M) reflects persistent negative profitability that materially erodes shareholder value and limits reinvestment capacity. Over 2–6 months this scale of losses signals a non‑sustainable cost structure absent rapid revenue scaling or significant restructuring, increasing financing reliance.
Negative Operating & Free Cash FlowMaterial negative operating and free cash flow indicate ongoing cash burn requiring external funding or asset monetization. This persistent cash gap constrains strategic execution, risks dilution or higher-cost financing, and limits durable investment in product development or scaling initiatives absent cash flow turnarounds.
Capital Base ErosionMaterial declines in equity and total assets reduce the company’s capital cushion and resilience to shocks. Over months this erosion narrows strategic options, raises counterparty and creditor concerns, and increases dependence on capital markets for growth or to sustain operations, elevating execution risk.
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 $66.03M.
When is Forum Markets’s upcoming earnings report date?
Forum Markets’s upcoming earnings report date is Nov 13, 2026 which is in 172 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
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Analyst Consensus
Moderate Buy
Average Price Target:
$10.00 (95.69% Upside)
$10.00 (95.69% Upside)
Hedge Fund Trend
Increased
By 632.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 7.4%
Last 30 Days ▼ 7.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-61.20%
12-Months-Change
Fundamentals
Return on Equity
-91.49%
Trailing 12-Months
Asset Growth
1681.95%
Trailing 12-Months
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.
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
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So-Young International
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Coincheck Group
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Fold Holdings
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Alto Neuroscience, Inc.
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Ownership Overview
48.09% Insiders
2.06% Mutual Funds
31.85% Other Institutional Investors
15.51% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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