Forian Inc. (FORA)

Forian Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Forian stock has a target of 2.10, which predicts a -3.23% decrease from the current stock price of 2.17.

Price Target: $2.10 (-3.23%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$2.10	$2.10	$2.10	$2.10
Change	-3.23%	-3.23%	-3.23%	-3.23%

Analyst Ratings

According to 1 stock analyst, the rating for Forian is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	2	2	2	0
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	0

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	+130.41%	Nov 14, 2024
Richard Baldry Roth MKM	Roth MKM	Strong Buy Reiterates $5	Strong Buy	Reiterates	$5	+130.41%	Apr 4, 2024
Richard Baldry Roth MKM	Roth MKM	Strong Buy Initiates $5	Strong Buy	Initiates	$5	+130.41%	Dec 20, 2023
Eric Martinuzzi Lake Street	Lake Street	Strong Buy Maintains $7 → $5	Strong Buy	Maintains	$7 → $5	+130.41%	Aug 11, 2023
Drew McReynolds RBC Capital	RBC Capital	Buy Maintains $24 → $17	Buy	Maintains	$24 → $17	+683.41%	Nov 10, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

32.81M

Increased by 8.44%

from 30.26M

Revenue Next Year

n/a

from 32.81M

EPS This Year

0.09

from -0.09

EPS Next Year

n/a

from 0.09

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	16.88M	16.42M	21.22M	20.15M	30.26M	32.81M
Revenue Growth	2,997.93%	-2.73%	29.23%	-5.01%	50.13%	8.44%
EPS	-0.90	-0.81	0.36	-0.12	-0.09	0.09
EPS Growth	-	-	-	-	-	-
Forward PE	-	-	-	-	-	23.64
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

Revenue	2026
High	33.8M
Avg	32.8M
Low	31.5M

Revenue Growth

Revenue Growth	2026
High	11.6%
Avg	8.4%
Low	4.2%

EPS Forecast

EPS	2026
High	0.09
Avg	0.09
Low	0.09

EPS Growth

EPS Growth	2026
High	-
Avg	-
Low	-

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.