FRMMTechnology · Software - Application

FRMM Stock Forecast: Forum Markets, Inc. Price Predictions for 2026-2027

Last close, 11 Sept 2026

$4.57

+0.88% on the day

The 1 Wall Street analysts covering Forum Markets, Inc. hold a median 12-month price target of $9.5 — +107.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 17 of 100 as at 12 Sept 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap

$60.3M

Ticker Nerd rank

17 / 100

Median analyst target

$9.50

Analysts covering

Revenue$1.4M

Operating income−$7.3M

Net income−$12.8M

Free cash flow−$12.4M

Quarterly, 7 quarters to 30 June 2026 · latest quarter's figure shown

Total return, dividends reinvested

−17.5%

−26.9%

YTD

−6.7%

−81.0%

From 52W high

−82.3%

From 52W low

+155.3%

$26

52-week range, adjusted closes · the dot is the last close

Ticker Nerd rank

FRMM stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Forum Markets, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 12 Sept 2026

17 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Size

Value

Volatility

Momentum

Growth

Revisions

Quality

Accruals

Issuance

Size (80): Smaller than most of the companies we track.

Issuance (4): The company has been issuing shares or taking on financing, diluting existing holders.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

FRMM stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on FRMM, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says1 analysts

1 Buy0 Hold0 Sell

Low $9.00Median $9.50High $10.00

The green dot is the last close — the median target sits +107.9% from it.

Recent analyst actionsNewest first

Date	Firm	Action	Rating	Target
15 May 2026	Benchmark	Maintains	Speculative Buy	$5.00 → $9.00
7 Apr 2026	Benchmark	Initiates	Speculative Buy	—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. FRMM appears on the weeks it earns a place.

Performance

FRMM vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 11 Sept 2026, Forum Markets, Inc. returned −81.0% against +17.5% for the S&P 500, dividends included.

FRMM vs S&P 500, last 12 monthsTotal return, rebased to 100

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

FRMM analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year

Analysts raising

Analysts cutting

Fundamentals

Forum Markets, Inc. (FRMM) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation

Trailing P/E: −0.1×
Price / sales: 5.6×
Price / book: 0.5×
EV / EBITDA: −0.3×

Growth & margins

Revenue growth (YoY): −52.3%
Earnings growth (YoY): —
Gross margin: 29.2%
Operating margin: −728.4%
Net margin: 0.0%

Returns & dividend

Return on equity: −796.2%
Return on assets: −180.2%
Dividend yield: —

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Forum Markets, Inc. (FRMM) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

Forum Markets, Inc. has a market value of $60.3M and an enterprise value of $82.2M.
Revenue in the twelve months to 30 June 2026: $10.8M. The latest quarter shrank 52.3% year on year.
Net income over the same four quarters: −$535.5M, a −4971.7% net margin.
Diluted earnings per share, trailing twelve months: $−1,761.37.
Free cash flow in the twelve months to 30 June 2026: −$73.4M.
Shares outstanding: 13.2M.
Trailing P/E: −0.1×; forward P/E: −8.0× — the forward figure prices analyst consensus estimates, not reported earnings.
Forum Markets, Inc. employs 0 people.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 13 Sept 2026

Data provided by Twelve Data

Peers

FRMM vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSoftware - Application

Company	Market cap	TKN rank
FRMMForum Markets, Inc.	$60.3M	17
CRGOFreightos Ltd.	$61.0M	49
HITHealth In Tech, Inc.	$59.4M	12
IDNIntellicheck, Inc.	$52.7M	69
RSSSResearch Solutions, Inc.	$70.3M	77
SSTISoundThinking, Inc.	$72.7M	34
SCORcomScore, Inc.	$74.5M	58

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Forum Markets, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest FRMM news & analysis

Forum Markets Eye AI Compute, Aircraft Engines to Drive Cash Flow Growth

MarketBeat · 25 Aug 2026neutral

Forum Markets Incorporated (FRMM) outlined a strategy to acquire and operate cash-generating real-world assets, including AI compute and aircraft engines, while maintaining the option to fractionalize or tokenize ownership as regulated digital-asset markets develop.

Why it matters — The strategy signals how FRMM may pursue cash-flow growth through ownership of tangible assets while retaining flexibility to tap future tokenization opportunities.

Forum Markets Incorporated Shareholders Elect Directors, Approve Pay and Auditor

MarketBeat · 24 Aug 2026neutral

Forum Markets Incorporated held its 2026 annual stockholder meeting virtually on Aug. 19. Shareholders elected three Class II directors, approved an advisory vote on executive compensation, and ratified the company's independent accounting firm.

Why it matters — The annual meeting results signal board stability and shareholder approval of governance and pay practices for FRMM.

Forum Markets Eyes AI Compute Growth as Aircraft Engines Drive Cash Flow

MarketBeat · 24 Aug 2026neutral

Forum Markets (NASDAQ: FRMM) outlined a strategy to build a portfolio of cash-flowing real-world assets while keeping the option to fractionalize or tokenize those assets as digital-market infrastructure and regulation develop.

Why it matters — A FRMM watcher would care because the company's stated roadmap signals how it intends to generate cash flow today while positioning for future digital-asset opportunities.

Flag Ship Acquisition Eyes AI Compute, Aircraft Engines to Drive Cash Flow Growth

MarketBeat · 21 Aug 2026neutral

Forum Markets Incorporated (FRMM) outlined a strategy to acquire and operate cash-generating real-world assets, including AI compute and aircraft engines, while retaining the option to fractionalize or tokenize ownership interests as regulated digital-asset markets develop.

Why it matters — FRMM watchers would care because the company is signaling its intended direction for asset acquisition and potential future tokenization of ownership interests.

Forum Markets Reports Second Quarter 2026 Financial Results

PRNewsWire · 13 Aug 2026positive

Forum Markets, Incorporated (FRMM) reported its financial results for the second quarter ended June 30, 2026. The company repurchased approximately 35% of its shares outstanding and maintained its full-year 2026 revenue guidance of $18 million to $22 million.

Why it matters — FRMM watchers would care because the significant share repurchase and maintained revenue guidance signal the company's confidence in its cash-generating asset strategy for the year.

FAQ

Frequently asked questions about FRMM stock

What is the FRMM stock price forecast for 2026-2027?

The 1 Wall Street analysts covering Forum Markets, Inc. have a median 12-month price target of $9.5, with estimates ranging from $9 to $10. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is FRMM stock a buy right now?

Of the 1 analysts covering Forum Markets, Inc., 1 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Forum Markets, Inc. 17 out of 100 across roughly 4,600 US stocks as at 12 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank FRMM?

As at 12 Sept 2026, Forum Markets, Inc. ranks 17 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Size (80 of 100).

Will FRMM stock go up?

No one can know that. What the data says: the median 12-month target from 1 analysts implies +107.9% from the last close, and Ticker Nerd's factor model ranks Forum Markets, Inc. 17 out of 100 as at 12 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the FRMM stock forecast for 2030?

No analyst covering Forum Markets, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for FRMM are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $9 to $10 over the next 12 months.

How has FRMM stock performed over the past year?

Forum Markets, Inc. returned -81.0% over the 12 months to 11 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Forum Markets, Inc. do?

What is the latest news on FRMM?

The most recent item we track (MarketBeat, 25 Aug 2026): "Forum Markets Eye AI Compute, Aircraft Engines to Drive Cash Flow Growth". Forum Markets Incorporated (FRMM) outlined a strategy to acquire and operate cash-generating real-world assets, including AI compute and aircraft engines, while maintaining the option to fractionalize or tokenize ownership as regulated digital-asset markets develop.

Company

About Forum Markets, Inc.

Forum Markets, Incorporated, a financial technology company, develops a blockchain-based platform focused on the acquisition, structuring, and tokenization of real-world assets worldwide. The company facilitates decentralized finance (DeFi) transactions and asset digitization across multiple Layer 2 Ethereum networks. It also provides tokenization solutions, DeFi protocol integration, blockchain analytics, traditional-to-digital asset conversion gateways, and other DeFi services. It serves financial institutions, businesses, and organizations. The company was formerly known as ETHZilla Corporation and changed its name to Forum Markets, Incorporated in February 2026. Forum Markets, Incorporated is headquartered in Palm Beach, Florida.

CEO Mr. McAndrew Rudisill BA(Econ) · United States · https://www.forum-markets.com