Forum Markets, Incorporated (FRMM)

NASDAQ: FRMM · Real-Time Price · USD
3.830
-1.040 (-21.36%)
May 15, 2026, 2:05 PM EDT - Market open
Market Cap56.11M +1,115.7%
Revenue (ttm)6.55M
Net Income-450.52M
EPS-55.18
Shares Out 14.65M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume605,154
Open5.060
Previous Close4.870
Day's Range3.830 - 5.180
52-Week Range1.760 - 174.600
Beta1.53
AnalystsBuy
Price Target9.00 (+134.99%)
Earnings DateMay 14, 2026

About FRMM

Forum Markets, Incorporated, a financial technology company, develops a blockchain-based platform focused on the acquisition, structuring, and tokenization of real-world assets worldwide. The company facilitates decentralized finance (DeFi) transactions and asset digitization across multiple Layer 2 Ethereum networks. It also provides tokenization solutions, DeFi protocol integration, blockchain analytics, traditional-to-digital asset conversion gateways, and other DeFi services. In addition, the company engages in native and liquid staking act... [Read more]

Sector Technology
CEO McAndrew Rudisill
Employees 4
Stock Exchange NASDAQ
Ticker Symbol FRMM
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to one analyst, the rating for FRMM stock is "Buy" and the 12-month stock price target is $9.0.

Price Target
$9.0
(134.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Forum Markets price target raised to $9 from $5 at Benchmark

Benchmark raised the firm’s price target on Forum Markets (FRMM) to $9 from $5 and keeps a Speculative Buy rating on the shares following the company’s first earnings print as…

4 hours ago - TheFly

Forum Markets reports Q1 EPS ($3.64) vs. ($5.54) last year

Reports Q1 revenue $2.9M vs. $0 last year. “Forum continues to execute against our core strategy of building a platform centered on originating, structuring, and tokenizing institutional-grade, yield-...

1 day ago - TheFly

Forum Markets Earnings Call Transcript: Q1 2026

Q1 2026 saw revenue growth and a major shift toward real-world asset income, but a large net loss due to digital asset sales. Share repurchases and a strategic review are underway, with AI infrastructure and aircraft engine leasing as key growth areas.

1 day ago - Transcripts

Forum Reports First Quarter 2026 Financial Results

PALM BEACH, Fla., May 14, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM) ("Forum" or the "Company"), a digital asset platform modernizing capital markets through the tokenization of r...

1 day ago - PRNewsWire

Forum Announces Initiation of Analyst Coverage by Clear Street

Clear Street Initiates with Buy Rating and $11.00 Price Target PALM BEACH, Fla., May 12, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM), a digital asset platform modernizing capital m...

2 days ago - PRNewsWire

Forum Markets initiated with a Buy at Clear Street

Clear Street initiated coverage of Forum Markets (FRMM) with a Buy rating and $11 price target The stock is undervalued given a live tokenized aviation product, an active auto loan…

3 days ago - TheFly

Forum Announces First Quarter 2026 Earnings Release Date and Webcast Details

PALM BEACH, Fla., April 30, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM), a digital asset platform modernizing capital markets through the tokenization of real-world assets, today a...

15 days ago - PRNewsWire

FORUM PROVIDES UPDATE ON SHARE REPURCHASE PROGRAM

PALM BEACH, Fla., April 29, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM) ("Forum" or the "Company"), a digital asset platform modernizing capital markets through the tokenization of...

16 days ago - PRNewsWire

Forum Markets reinitiates share repurchase program, forms special committee

Forum Markets (FRMM) announced a series of Board-authorized actions to maximize value for all shareholders. The Board and management team remain highly confident in Forum’s business model, the long-te...

4 weeks ago - TheFly

Forum Board Reinitiates Share Repurchase Program; Forms Special Committee of Independent Directors to Evaluate Proposals to Maximize Shareholder Value

PALM BEACH, Fla., April 17, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM) ("Forum", "the Company"), a digital asset platform modernizing capital markets through the tokenization of r...

4 weeks ago - PRNewsWire

Forum to Participate in AI Chip Infrastructure Financing to Purchase NVIDIA GPUs; Targets Returns in the Mid-Teens

Forum intends to deploy capital into short-term AI chip infrastructure loans and tokenize the loans through Forum's digital asset platform PALM BEACH, Fla., April 8, 2026 /PRNewswire/ -- Forum Markets...

5 weeks ago - PRNewsWire

Forum Announces Initiation of Analyst Coverage by Benchmark

Benchmark Initiates with Speculative Buy Rating and $5.00 Price Target PALM BEACH, Fla., April 7, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM), a digital asset platform modernizing ...

5 weeks ago - PRNewsWire

Forum Markets initiated with a Speculative Buy at Benchmark

As previously reported, Benchmark initiated coverage of Forum Markets (FRMM) with a Speculative Buy rating and $5 price target Forum Markets stands at “the forefront of a seismic shift in…

5 weeks ago - TheFly

Forum Markets initiated with a Speculative Buy at Benchmark

Benchmark initiated coverage of Forum Markets (FRMM)with a Speculative Buy rating and $5 price target

5 weeks ago - TheFly

Forum Markets Earnings Call Transcript: Q4 2025

Revenue for 2025 was $6.5M with a net loss of $450.5M, reflecting a strategic shift to yield-generating real-world assets and tokenization. 2026 guidance targets $125–$200M AUM and $18–$26M revenue, with positive cash flow expected in 2027.

6 weeks ago - Transcripts

Forum Reports Fourth Quarter and Full Year 2025 Financial Results

Company Introduces 2026 Guidance as RWA Tokenization Platform Begins to Scale PALM BEACH, Fla., March 31, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM) ("Forum" or the "Company"), a ...

6 weeks ago - PRNewsWire

Forum Markets Transcript: Sidoti March Small-Cap Virtual Conference

The conference detailed a strategy centered on acquiring and tokenizing real-world assets across major verticals, distributing yield to token holders via a regulated platform. Expansion into new asset classes, strict regulatory compliance, and a focus on institutional distribution were emphasized as drivers for future growth.

2 months ago - Transcripts

Forum to Present at Sidoti's Small-Cap Virtual Investor Conference on March 18

PALM BEACH, Fla., March 12, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM) ("Forum"), a digital asset platform modernizing capital markets through the tokenization of real-world asset...

2 months ago - PRNewsWire

Forum Establishes Auto Loan Warehouse Facility Enabling 24/7/365 Loan Settlement via Blockchain Infrastructure

Forum intends to buy loans from the warehouse, generating cash flow and enhancing the yield profile of upcoming auto loan tokens PALM BEACH, Fla., March 9, 2026 /PRNewswire/ -- Forum Markets, Incorpor...

2 months ago - PRNewsWire

Forum Markets appoints Robert Spake as General Counsel

Forum Markets (FRMM)appointed Robert Spake as the company’s General Counsel. Most recently, Spake served as senior director and head of litigation at financial technology firm Republic and as Chief Co...

2 months ago - TheFly

Notable open interest changes for March 3rd

Monday’s total option volume of 67.9 million contracts resulted in net open interest growth of 8.56 million calls and 6.59 million puts. NVIDIA (NVDA), Frmm Forum Markets, Incorporated (FRMM), Tesla…

Other symbols: NFLXNVDATSLA
2 months ago - TheFly

ETHZilla Becomes Forum in Next Step of Strategic Evolution Toward Institutional-Grade Real-World Asset Tokenization

Company Expects to Begin Trading on Nasdaq Under New Ticker Symbol "FRMM" on March 2, 2026 PALM BEACH, Fla., Feb. 25, 2026 /PRNewswire/ -- ETHZilla Corporation (Nasdaq: ETHZ) today announced that it h...

2 months ago - PRNewsWire

ETHZilla Announces First Ever Tradable Tokenized Aviation Assets on Ethereum Network Secured by Jet Engines on Lease with a Leading U.S. Air Carrier

Marks first deployment of ETHZilla's tokenized finance framework for cash-flow-generating real-world assets PALM BEACH, Fla., Feb. 12, 2026 /PRNewswire/ -- ETHZilla Corporation (Nasdaq: ETHZ) (togethe...

3 months ago - PRNewsWire

ETHZilla Purchases Manufactured Home Loan Portfolio, Plans Tokenization on Ethereum L2

Transaction will extend ETHZilla's tokenized finance framework into residential credit assets with recurring cash flows PALM BEACH, Fla., Feb. 5, 2026 /PRNewswire/ -- ETHZilla Corporation (Nasdaq: ETH...

3 months ago - PRNewsWire