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

Last close, 30 Oct 2026
$3.45
−7.01% on the day

The 1 Wall Street analysts covering Forum Markets, Inc. hold a median 12-month price target of $11 — +218.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 18 of 100 as at 31 Oct 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
$45.5M
Ticker Nerd rank
18/ 100
Median analyst target
$11
Analysts covering
1
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
1W
+2.1%
1M
−26.9%
YTD
−29.6%
1Y
−82.8%
From 52W high
−82.8%
From 52W low
+92.7%
$2
$20
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 31 Oct 2026
18/ 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
81
Value
70
Volatility
60
Revisions
32
Growth
29
Momentum
28
Quality
28
Accruals
10
Issuance
4

Size (81): 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 systematic trader with 15+ 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
$0$5$10$15$20Jan 26Apr 26Jul 26Oct 26FRMMHigh $12Median $11Low $10

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 $10Median $11High $12

The green dot is the last close — the median target sits +218.8% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
15 Oct 2026StoneXMaintainsSpeculative Buy$9.00 → $12
15 May 2026BenchmarkMaintainsSpeculative Buy$5.00 → $9.00
15 May 2026BenchmarkMaintainsSpeculative Buy—
7 Apr 2026BenchmarkInitiatesSpeculative 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.

FRMM appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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The AI build-out map
PDF

  • AI cloud capacity

    MSFTAMZNGOOGLORCL

  • AI chips

    NVDAAVGOAMDMU

  • AI networking and serversIn full

    ANETDELLLITECRDO

  • Data centre power

    VRTCEGGEVVST

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 30 Oct 2026, Forum Markets, Inc. returned −82.8% against +12.4% for the S&P 500, dividends included.

FRMM vs S&P 500, last 12 monthsTotal return, rebased to 100
020406080100120Jan 26Apr 26Jul 26Oct 26FRMMS&P 500

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 movingThis fiscal year
Analysts raising
0
Analysts cutting
0
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×

Cheaper than 77% of US stocks

Price / sales
4.2×

Cheaper than 28% of US stocks

Price / book
0.4×

Cheaper than 85% of US stocks

EV / EBITDA
−0.3×

Cheaper than 64% of US stocks

Growth & margins
Revenue growth (YoY)
−52.3%

Higher than 5% of US stocks

Earnings growth (YoY)
—
Gross margin
29.2%

Higher than 33% of US stocks

Operating margin
−728.4%

Higher than 6% of US stocks

Net margin
0.0%

Higher than 30% of US stocks

Returns & dividend
Return on equity
−796.2%

Higher than 2% of US stocks

Return on assets
−180.2%

Higher than 1% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

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 $45.5M and an enterprise value of $70.8M.

  • 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: 57.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Forum Markets, Inc. employs 0 people.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 30 Oct 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
CompanyMarket capTKN rank
FRMMForum Markets, Inc.$45.5M18
IDNIntellicheck, Inc.$47.9M73
SCORcomScore, Inc.$50.3M58
DGNXDiginex Ltd. (Hong Kong)$40.7M10
ADBTAdvasa Holdings, Inc.$52.0M1
REKRRekor Systems, Inc.$54.3M62
HITHealth In Tech, Inc.$37.8M12

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 Edge AI Announces $94.4 Million Definitive AI Cloud Services Compute Agreement with Fireworks

PRNewsWire · 26 Oct 2026positive

Forum Edge AI, Forum Markets’ joint venture with Edge Node, signed a definitive agreement with Fireworks for a 36-month reservation of Nvidia B300 GPU capacity at its existing powered data center in Dallas. The agreement is valued at $94.4 million.

Why it matters — The agreement marks a disclosed AI cloud services commitment involving Forum Markets’ joint venture and its Dallas data center.

Forum Announces Third Quarter 2026 Earnings Release Date and Webcast Details

PRNewsWire · 22 Oct 2026neutral

Forum Markets announced that it expects to release its financial results for the third quarter ended Sept. 2026. The announcement is titled “Third Quarter 2026 Earnings Release Date and Webcast Details.”

Why it matters — FRMM watchers may note the announced timing and webcast details for the company’s quarterly results.

Forum Markets Announces Joint Venture with Edge Node AI to Deploy Inference AI Compute Across the U.S. at Existing Powered Data Sites and Mobile Communications Towers

PRNewsWire · 5 Oct 2026positive

Forum Markets announced formation of Forum Edge AI LLC, a joint venture with Edge Node AI, to deploy approximately 11 MW of inference AI compute capacity across existing powered U.S. sites and mobile towers. The initial capacity is fully allocated to long-term off-take partners, and the company introduced 2027 revenue guidance of $125 million to $175 million without issuing equity.

Why it matters — This marks Forum's first major AI infrastructure investment, introducing revenue guidance and a fully allocated initial deployment funded without equity dilution, which a FRMM watcher would follow as a significant strategic expansion.

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.

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 $11, with estimates ranging from $10 to $12. 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. 18 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank FRMM?

As at 31 Oct 2026, Forum Markets, Inc. ranks 18 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 (81 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 +218.8% from the last close, and Ticker Nerd's factor model ranks Forum Markets, Inc. 18 out of 100 as at 31 Oct 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: $10 to $12 over the next 12 months.

How has FRMM stock performed over the past year?

Forum Markets, Inc. returned -82.8% over the 12 months to 30 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Forum Markets, Inc. do?

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.

What is the latest news on FRMM?

The most recent item we track (PRNewsWire, 26 Oct 2026): "Forum Edge AI Announces $94.4 Million Definitive AI Cloud Services Compute Agreement with Fireworks". Forum Edge AI, Forum Markets’ joint venture with Edge Node, signed a definitive agreement with Fireworks for a 36-month reservation of Nvidia B300 GPU capacity at its existing powered data center in Dallas. The agreement is valued at $94.4 million.

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