Forian Inc. (FORA)
NASDAQ: FORA · Real-Time Price · USD
2.050
-0.010 (-0.49%)
Oct 29, 2024, 4:00 PM EDT - Market closed

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 '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 222221
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 222221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Reiterates
$5
Strong Buy Reiterates $5 +143.90% Apr 4, 2024
Roth MKM
Roth MKM
Strong Buy
Initiates
$5
Strong Buy Initiates $5 +143.90% Dec 20, 2023
Lake Street
Lake Street
Strong Buy
Maintains
$7$5
Strong Buy Maintains $7$5 +143.90% Aug 11, 2023
RBC Capital
RBC Capital
Buy
Maintains
$24$17
Buy Maintains $24$17 +729.27% Nov 10, 2022
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
Decreased by -3.21%
Revenue Next Year
21.93M
from 19.82M
Increased by 10.64%
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
-544.87K16.88M16.42M20.48M19.82M21.93M
Revenue Growth
--2,997.93%-2.73%24.75%-3.21%10.64%
EPS
-0.41-0.38-0.90-0.810.34-0.18-0.12
EPS Growth
-------
Forward PE
-------
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 20.4M 22.6M
Avg 19.8M 21.9M
Low 19.0M 21.1M

Revenue Growth

Revenue Growth 20242025
High
-0.4%
13.9%
Avg
-3.2%
10.6%
Low
-7.0%
6.3%

EPS Forecast

EPS 20242025
High -0.19 -0.13
Avg -0.18 -0.12
Low -0.18 -0.12

EPS Growth

EPS Growth 20242025
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.