Forian Inc. (FORA)
NASDAQ: FORA · IEX Real-Time Price · USD
2.640
-0.060 (-2.22%)
Jul 2, 2024, 4:30 PM EDT - Market closed
Forian Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Forian stock have an average target of 5.00, which predicts an increase of 89.39% from the current stock price of 2.64.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 4, 2024.
Analyst Ratings
The average analyst rating for Forian stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| 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 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Reiterates $5 | Strong Buy | Reiterates | $5 | +89.39% | Apr 4, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | +89.39% | Dec 20, 2023 |
| Lake Street | Lake Street | Strong Buy Maintains $7 → $5 | Strong Buy | Maintains | $7 → $5 | +89.39% | Aug 11, 2023 |
| RBC Capital | RBC Capital | Buy Maintains $24 → $17 | Buy | Maintains | $24 → $17 | +543.94% | Nov 10, 2022 |
| Lake Street | Lake Street | Strong Buy Initiates $9 | Strong Buy | Initiates | $9 | +240.91% | Apr 8, 2022 |
Financial Forecast
Revenue This Year
22.91M
from 20.48M
Increased by 11.87%
Revenue Next Year
27.75M
from 22.91M
Increased by 21.09%
EPS This Year
-0.07
from 0.34
EPS Next Year
-0.01
from -0.07
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 23.6M | 28.6M |
| Avg | 22.9M | 27.7M |
| Low | 22.0M | 26.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 15.2% | 24.6% |
| Avg | 11.9% | 21.1% |
| Low | 7.5% | 16.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.07 | -0.01 |
| Avg | -0.07 | -0.01 |
| Low | -0.07 | -0.01 |
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.