
Forum Markets, Inc (NASDAQ:FRMM – Free Report) – Sidoti lowered their FY2026 earnings per share estimates for Forum Markets in a research report issued on Friday, August 14th. Sidoti analyst B. Mccarthy now expects that the company will post earnings per share of ($5.38) for the year, down from their prior 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.
FRMM has been the subject of a number of other reports. Wall Street Zen lowered shares of Forum Markets from a “hold” rating to a “sell” rating in a research note on Saturday, June 27th. Loop Capital set a $11.00 price target on shares of Forum Markets in a research note on Monday, May 11th. Zacks Research raised Forum Markets to a “hold” rating in a report on Friday, May 29th. Benchmark boosted their price objective on Forum Markets from $5.00 to $9.00 and gave the stock a “speculative buy” rating in a research report on Friday, May 15th. Finally, Clear Str upgraded Forum Markets to a “strong-buy” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Forum Markets presently has a consensus rating of “Moderate Buy” and an average target price of $10.00.
Forum Markets Stock Down 3.3%
FRMM stock opened at $5.89 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 6.19 and a current ratio of 6.19. Forum Markets has a fifty-two week low of $1.76 and a fifty-two week high of $74.50. The business has a 50-day moving average price of $5.71. The firm has a market cap of $78.87 million, a PE ratio of -0.17 and a beta of 1.38.
Forum Markets (NASDAQ:FRMM – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.73) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by ($0.52). The firm had revenue of $1.37 million for the quarter, compared to analyst estimates of $3.30 million. Forum Markets had a negative net margin of 4,971.75% and a negative return on equity of 186.48%.
Insider Transactions at Forum Markets
In related news, major shareholder Konstantin Lomashuk sold 250,000 shares of the 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 completion of the transaction, the insider owned 1,226,638 shares in the company, valued at $7,359,828. This represents a 16.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In the last three months, insiders have sold 258,189 shares of company stock valued at $1,551,303. Corporate insiders own 25.20% of the company’s stock.
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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