
Forum Markets, Inc (NASDAQ:FRMM – Free Report) – Research analysts at Sidoti dropped their FY2026 earnings estimates for shares of Forum Markets in a research report issued on Friday, August 14th. Sidoti analyst B. Mccarthy now anticipates that the company will post earnings of ($5.38) per share for the year, down from their previous estimate of ($5.02). The consensus estimate for Forum Markets’ current full-year earnings is ($5.02) per share. Sidoti also issued estimates for Forum Markets’ FY2028 earnings at $0.83 EPS.
Several other brokerages have also recently issued reports on FRMM. Clear Str upgraded Forum Markets to a “strong-buy” rating in a research note on Monday, May 11th. Zacks Research upgraded Forum Markets to a “hold” rating in a research report on Friday, May 29th. Weiss Ratings upgraded Forum Markets from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 21st. Benchmark upped their price target on Forum Markets from $5.00 to $9.00 and gave the company a “speculative buy” rating in a research report on Friday, May 15th. Finally, Wall Street Zen cut Forum Markets from a “hold” rating to a “sell” rating in a research note on Saturday, June 27th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $10.00.
Forum Markets Stock Performance
NASDAQ:FRMM opened at $5.89 on Tuesday. The company has a quick ratio of 6.19, a current ratio of 6.19 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $78.87 million, a P/E ratio of -0.17 and a beta of 1.38. Forum Markets has a one year low of $1.76 and a one year high of $74.50. The stock has a 50-day moving average price of $5.71.
Forum Markets (NASDAQ:FRMM – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.73) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.52). Forum Markets had a negative return on equity of 186.48% and a negative net margin of 4,971.75%.The company had revenue of $1.37 million for the quarter, compared to the consensus estimate of $3.30 million.
Insiders Place Their Bets
In other Forum Markets news, major shareholder Konstantin Lomashuk sold 250,000 shares of the firm’s stock in a transaction dated Tuesday, July 21st. The shares were sold at an average price of $6.00, for a total value of $1,500,000.00. Following the transaction, the insider owned 1,226,638 shares of the company’s stock, valued at $7,359,828. This trade represents a 16.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 258,189 shares of company stock worth $1,551,303 in the last quarter. 25.20% of the stock is owned by corporate insiders.
About Forum Markets
Forum Markets Inc is a digital asset platform modernizing capital markets through the tokenization of institutional-grade real-world assets on Ethereum. The company structures cash-generating assets on blockchain-based infrastructure to facilitate liquidity, investor access, and primary and secondary market activity. It combines traditional asset management practices with digital market infrastructure to support the origination, distribution, and trading of real-world assets.
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