Forian Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Forian stock has a target of 5.00, which predicts an increase of 143.90% from the current stock price of 2.05.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$5.00	$5.00	$5.00	$5.00
Change	+143.90%	+143.90%	+143.90%	+143.90%

* Price targets were last updated on Apr 4, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Forian is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	2	2	2	2	2	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Richard Baldry Roth MKM	Roth MKM	Strong Buy Reiterates $5	Strong Buy	Reiterates	$5	+143.90%	Apr 4, 2024
Richard Baldry Roth MKM	Roth MKM	Strong Buy Initiates $5	Strong Buy	Initiates	$5	+143.90%	Dec 20, 2023
Eric Martinuzzi Lake Street	Lake Street	Strong Buy Maintains $7 → $5	Strong Buy	Maintains	$7 → $5	+143.90%	Aug 11, 2023
Drew McReynolds RBC Capital	RBC Capital	Buy Maintains $24 → $17	Buy	Maintains	$24 → $17	+729.27%	Nov 10, 2022
Eric Martinuzzi Lake Street	Lake Street	Strong Buy Initiates $9	Strong Buy	Initiates	$9	+339.02%	Apr 8, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

19.82M

from 20.48M

-3.21%

from 20.48M

Revenue Next Year

21.93M

from 19.82M

10.64%

from 19.82M

EPS This Year

-0.18

from 0.34

EPS Next Year

-0.12

from -0.18

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	-	544.87K	16.88M	16.42M	20.48M	19.82M	21.93M
Revenue Growth	-	-	2,997.93%	-2.73%	24.75%	-3.21%	10.64%
EPS	-0.41	-0.38	-0.90	-0.81	0.34	-0.18	-0.12
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	20.4M	22.6M
Avg	19.8M	21.9M
Low	19.0M	21.1M

Revenue Growth

Revenue Growth	2024	2025
High	-0.4%	13.9%
Avg	-3.2%	10.6%
Low	-7.0%	6.3%

EPS Forecast

EPS	2024	2025
High	-0.19	-0.13
Avg	-0.18	-0.12
Low	-0.18	-0.12

EPS Growth

EPS Growth	2024	2025
High	-	-
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.