Forian Inc. (FORA)
NASDAQ: FORA · IEX Real-Time Price · USD
2.640
-0.030 (-1.12%)
Apr 25, 2024, 9:30 AM EDT - Market open
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
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 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
23.68M
from 20.48M
Increased by 15.60%
Revenue Next Year
27.23M
from 23.68M
Increased by 15.00%
EPS This Year
0.02
from 0.34
Decreased by -95.50%
EPS Next Year
0.07
from 0.02
Increased by 333.33%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 25.2M | 28.9M |
| Avg | 23.7M | 27.2M |
| Low | 22.0M | 25.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 22.8% | 22.2% |
| Avg | 15.6% | 15.0% |
| Low | 7.5% | 7.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.14 | 0.20 |
| Avg | 0.02 | 0.07 |
| Low | -0.10 | -0.06 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -59.9% | 1,203.9% |
| Avg | -95.5% | 333.3% |
| 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.