Forian Inc. (FORA)

Market Cap	75.27M
Revenue (ttm)	23.02M
Net Income (ttm)	6.16M
Shares Out	30.98M
EPS (ttm)	0.18
PE Ratio	13.50
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	5,186
Open	2.52
Previous Close	2.46
Day's Range	2.42 - 2.52
52-Week Range	1.85 - 5.45
Beta	0.96
Analysts	Strong Buy
Price Target	5.00 (+105.76%)
Earnings Date	Nov 9, 2023

About FORA

Forian Inc. provides software and information solutions, proprietary data driven insights, and predictive analytics to optimize and measure the operational, clinical, and financial performance of its life science and healthcare customers. It operates through three segments: Information & Software, Services, and Other. The company's products include BioTrack, a vertically integrated point of sale, manufacturing, delivery, and cultivator software solution for dispensaries, cultivators, manufacturers, and distributors; and Cannalytics, a Software ...

• Industry: Health Information Services
• Sector: Healthcare
• Founded: 2014
• Employees: 102
• Stock Exchange: NASDAQ
• Ticker Symbol: FORA

Financial Performance

In 2022, Forian's revenue was $28.01 million, an increase of 65.91% compared to the previous year's $16.88 million. Losses were -$25.97 million, -2.18% less than in 2021.

Analyst Forecast

According to one analyst, the rating for FORA stock is "Strong Buy" and the 12-month stock price forecast is $5.0.

Price Target

$5.0

(105.76% upside)

Analyst Consensus: Strong Buy