What is Sidoti’s Estimate for Forum Markets FY2028 Earnings?

Forum Markets, Inc (NASDAQ:FRMM) – Equities research analysts at Sidoti lowered their FY2028 earnings estimates for shares of Forum Markets in a report issued on Monday, July 13th. Sidoti analyst B. Mccarthy now anticipates that the company will post earnings per share of $0.82 for the year, down from their prior estimate of $0.83. The consensus estimate for Forum Markets’ current full-year earnings is ($4.74) per share.

Forum Markets (NASDAQ:FRMM) last posted its earnings results on Thursday, May 14th. The company reported ($3.64) earnings per share for the quarter. The company had revenue of $2.86 million for the quarter.

Several other research firms have also commented on FRMM. Wall Street Zen lowered Forum Markets from a “hold” rating to a “sell” rating in a research report on Saturday, June 27th. Clear Str upgraded Forum Markets to a “strong-buy” rating in a report on Monday, May 11th. Loop Capital set a $11.00 target price on Forum Markets in a research note on Monday, May 11th. Weiss Ratings restated a “sell (e+)” rating on shares of Forum Markets in a report on Tuesday, June 30th. Finally, Benchmark lifted their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $10.00.

Forum Markets Stock Up 8.7%

NASDAQ:FRMM opened at $6.48 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 stock’s fifty day moving average price is $5.04. Forum Markets has a 52 week low of $1.76 and a 52 week high of $174.60. The firm has a market capitalization of $86.77 million, a PE ratio of -0.18 and a beta of 1.37.

Forum Markets Company Profile

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.