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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
$68.16M
Enterprise Value$22.76
Total Cash (Recent Filing)$65.91M
Total Debt (Recent Filing)$27.10M
Price to Earnings (P/E)―
Beta2.66
Next Earnings
Aug 13, 2026EPS Estimate
-0.26Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-35.44
Shares Outstanding13,210,145
10 Day Avg. Volume11,273,046
30 Day Avg. Volume10,878,207
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
$10.00Price Target Upside95.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-5.1
Revenue Forecast (FY)$18.53M
Bulls Say, Bears Say
Bulls Say
Revenue GrowthSustained ~44% TTM revenue growth indicates improving commercialization and product traction versus prior low base. That top-line momentum can provide a foundation for scale if maintained, supporting margin expansion and reducing reliance on financing over the next several quarters.
Low LeverageA modest debt-to-equity (~0.16) gives the company financial flexibility and lowers near-term default risk, enabling it to pursue asset purchases or bridge cash needs without heavy interest burden. This structural conservatism supports durability amid cash burn challenges.
Contracted Real-Asset Cash FlowsMoving into aircraft engine leasing creates contracted, asset-backed cash flows with servicer arrangements and buy-sell options, diversifying revenue beyond software. Repeatable engine deals and predictable lease payments can stabilize cash generation and improve revenue mix over time.
Bears Say
Large Net LossesAn approximate -$516M net loss is an enduring structural concern: such scale of losses erodes equity, limits reinvestment, and undermines confidence in core profitability. Restoring sustainable profits will require substantial revenue expansion or meaningful cost reductions over multiple quarters.
Persistent Cash BurnMaterial negative operating and free cash flow indicate the company must continue to access external capital to fund operations and growth. Even if accounting losses overstate cash needs, persistent cash burn constrains strategic flexibility and raises refinancing and dilution risks over coming quarters.
Declining Capital BaseMaterial declines in equity and total assets reflect cumulative losses and value erosion, reducing the balance sheet's shock absorption. A smaller capital base limits the company's ability to underwrite new leases or invest in growth without additional funding, weakening long-term stability.
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 $68.16M.
When is Forum Markets’s upcoming earnings report date?
Forum Markets’s upcoming earnings report date is Aug 13, 2026 which is in 10 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 N/A.
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 -0.26.
How many shares outstanding does Forum Markets have?
Forum Markets has 13,210,145 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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5
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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.
Insider Transactions
Sold Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 9.9%
Last 30 Days ▲ 9.9%
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
―
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
Ownership Overview
61.31% Insiders
2.47% Mutual Funds
0.45% Other Institutional Investors
32.42% Public Companies and
Individual Investors