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FRMM:NASDAQForum Markets, Incorporated Analysis

Data as of 2026-09-25 - not real-time

$5.11

Latest Price

9/10Risk

Risk Level: High

Executive Summary

The moving-average structure behind Forum Markets, Incorporated is neutral at $5.11, with no clear ordering between short and long averages. Over a rolling month the price has lost 18.1%. Momentum indicators put RSI at 49.2 (neutral) with MACD reading bullish. The recent range runs from support at $4.31 up to resistance at $6.10.
The company is not currently profitable on a trailing basis, so earnings multiples offer no valuation support. Consensus targets land 85.9% above where the shares trade now.
The composite risk read is 9/10, putting it in high territory. With 30-day volatility of 72.1%, a beta of 2.84 and a maximum drawdown of 93.1%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Across every horizon the signals point the same way: buy, at a conviction of 4 out of 10.

Top Market Events

Forum Markets FRMM is scheduled to announce Q2 earnings results on Thursday, August 13th, before market open.Company Repurchased Approximately 35% of Shares Outstanding; Maintains Full-Year 2026 Revenue Guidance of $18 Million...Forum Markets Inc FRMM navigates a revenue transition, focusing on high-return AI infrastructure and aviation assets...

Market Outlook

Short Term

< 1 year
Positive
Model confidence: 4/10

Key Factors

  • Trading above the 200-day average of 4.77
  • MACD momentum is positive
  • 30-day price change of -18.1%

Medium Term

1–3 years
Positive
Model confidence: 4/10

Key Factors

  • Trading above the 200-day average of 4.77
  • Analyst targets imply +85.9% versus the current price
  • 30-day volatility of 72.1%

Long Term

> 3 years
Positive
Model confidence: 4/10

Key Factors

  • Analyst targets imply +85.9% versus the current price
  • Negative return on equity of -796.2%
  • 30-day volatility of 72.1%

Key Metrics & Analysis

Financial Health

P/E Ratio-9.0
ROE-796.17%
ROA-180.20%
Debt/Equity20.30
P/B Ratio0.5
Op. Cash Flow$-56561000
Free Cash Flow$37.8M
Industry P/E34.8

Technical Analysis

TrendNeutral
RSI49.2
Support$4.31
Resistance$6.10
MA 20$5.00
MA 50$5.48
MA 200$4.77
MACDBullish
VolumeIncreasing
Fear & Greed Index94.59

Valuation

Fair Value$33.00
Target Price$9.50
Upside/Downside85.91%
GradeUndervalued
TypeBlend

Risk Assessment

Beta2.84
Volatility72.12%
Sector RiskHigh
Reg. RiskMedium
Geo RiskLow
Currency RiskLow
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.