We use cookies to analyze site traffic and improve your experience.
By accepting, you consent to the use of analytics cookies.

FRMM:NASDAQForum Markets, Incorporated Analysis

Data as of 2026-08-18 - not real-time

$5.96

Latest Price

9/10Risk

Risk Level: High

Executive Summary

The moving-average structure behind Forum Markets, Incorporated is neutral at $5.96, with no clear ordering between short and long averages. Over a rolling month the price has lost 12.5%. Momentum indicators put RSI at 52.4 (neutral) with MACD reading bullish. The recent range runs from support at $5.03 up to resistance at $6.47.
The company is not currently profitable on a trailing basis, so earnings multiples offer no valuation support. Consensus targets land 59.4% above where the shares trade now.
The composite risk read is 9/10, putting it in high territory. With 30-day volatility of 91.1%, a beta of 2.52 and a maximum drawdown of 97.6%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Across every horizon the signals point the same way: hold, at a conviction of 3 out of 10.

Top Market Events

Updated Thu, August 13, 2026 at 12:01 PM UTC 0 Company Repurchased Approximately 35% of Shares Outstanding; Maintains...Company Expects to Complete Acquisition of an Additional Engine in the Coming Weeks; Most Widely Used Engine Platform...Yahoo Finance22dForum Announces Second Quarter 2026 Earnings Release Date and Webcast DetailsPALM BEACH, Fla.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 2/10

Key Factors

  • Trading below the 200-day average of 5.99
  • MACD momentum is positive
  • 30-day price change of -12.5%

Medium Term

1–3 years
Neutral
Model confidence: 3/10

Key Factors

  • Trading below the 200-day average of 5.99
  • Analyst targets imply +59.4% versus the current price
  • 30-day volatility of 91.1%

Long Term

> 3 years
Neutral
Model confidence: 3/10

Key Factors

  • Analyst targets imply +59.4% versus the current price
  • Negative return on equity of -796.2%
  • 30-day volatility of 91.1%

Key Metrics & Analysis

Financial Health

P/E Ratio-10.5
ROE-796.17%
ROA-180.20%
Debt/Equity20.30
P/B Ratio0.7
Op. Cash Flow$-56561000
Free Cash Flow$37.8M
Industry P/E35.6

Technical Analysis

TrendNeutral
RSI52.4
Support$5.03
Resistance$6.47
MA 20$5.80
MA 50$5.69
MA 200$5.99
MACDBullish
VolumeStable
Fear & Greed Index93.25

Valuation

Fair Value$35.02
Target Price$9.50
Upside/Downside59.40%
GradeUndervalued
TypeBlend

Risk Assessment

Beta2.52
Volatility91.12%
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.