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Forum Markets, Incorporated (FRMM)

Technology | Software - Application | Palm Beach, United States | NasdaqCM
4.29 USD +1.92 (81.013%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 3.93 -0.36 (-0.359%) ⇩ (April 17, 2026, 7:59 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 11, 2026, 1:38 p.m. EDT

FRMM is currently trading at a substantial discount to its 52-week low and appears to be in a severe downtrend. The recent price history shows a consistent decline, with the stock trading near its 52-week low. The short-term forecasting model predicts a significant drop in price, which combined with the low current price and the high implied volatility on calls, suggests a potential for a recovery or a further decline. Given the low price, there may be a buy-the-dip opportunity, but the high debt-to-equity ratio and negative earnings suggest significant risk. Long-term investors should be cautious, as the fundamentals are weak and the stock has not shown consistent growth. Dividend investors should avoid this stock due to the lack of dividend history.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.161132
AutoTheta0.201492
MSTL0.500158
AutoETS0.508271

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 55%
H-stat 2.63
Ljung-Box p 0.000
Jarque-Bera p 0.478
Excess Kurtosis -0.55
Attribute Value
Sector Technology
Debt to Equity Ratio 24.106
Revenue per Share 0.802
Market Cap 87,143,248
Forward P/E 7.40
Beta 1.03
Website https://www.forum-markets.com

As of April 11, 2026, 1:38 p.m. EDT: Options speculators are predominantly placing bets on the upside, with high open interest and implied volatility on calls, especially for strikes significantly above the current price. This suggests a bullish sentiment among options traders, indicating potential for significant price increases in the future. However, the lack of significant put activity implies limited bearish sentiment. The high implied volatility on certain calls could indicate either high confidence in upward movement or speculative behavior.


Info Dump

Attribute Value
52 Week Change -0.7331081
Address1 2,875 South Ocean Blvd
Address2 Suite 200
All Time High 49,571.0
All Time Low 1.76
Ask 4.48
Ask Size 6
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 754,220
Average Daily Volume3 Month 512,824
Average Volume 512,824
Average Volume10Days 754,220
Beta 1.03
Bid 4.24
Bid Size 2
Book Value 12.593
City Palm Beach
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 4.29
Current Ratio 0.332
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 5.55
Day Low 2.76
Debt To Equity 24.106
Earnings Call Timestamp End 1,774,967,400
Earnings Call Timestamp Start 1,774,967,400
Earnings Timestamp 1,774,960,200
Earnings Timestamp End 1,778,243,400
Earnings Timestamp Start 1,778,243,400
Ebitda -233,391,728
Ebitda Margins 0.0
Enterprise To Ebitda -0.586
Enterprise To Revenue 20.901
Enterprise Value 136,839,248
Eps Current Year -0.44
Eps Forward 0.58
Eps Trailing Twelve Months -54.32
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.9711
Fifty Day Average Change 1.3188999
Fifty Day Average Change Percent 0.44390962
Fifty Two Week Change Percent -73.310814
Fifty Two Week High 174.6
Fifty Two Week High Change -170.31001
Fifty Two Week High Change Percent -0.9754296
Fifty Two Week Low 1.76
Fifty Two Week Low Change 2.53
Fifty Two Week Low Change Percent 1.4375
Fifty Two Week Range 1.76 - 174.6
Financial Currency USD
First Trade Date Milliseconds 1,498,570,200,000
Float Shares 14,149,910
Forward Eps 0.58
Forward P E 7.396552
Free Cashflow 66,314,752
Full Exchange Name NasdaqCM
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 6,547,000
Has Pre Post Market Data 1
Held Percent Insiders 0.45075
Held Percent Institutions 0.25474
Implied Shares Outstanding 20,313,111
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,760,918,400
Last Split Factor 1:10
Long Business Summary Forum Markets, Incorporated, doing business as Forum, operates a technology company focused on Ethereum-based infrastructure for the tokenization of real-world assets. The company develops platforms that enable the conversion of illiquid, institutional-grade assets into blockchain-based financial instruments using Ethereum Layer 2 protocols. It bridges traditional finance and blockchain technology by supporting regulated access, scalability, and efficiency in asset tokenization. Forum Markets, Incorporated was formerly known as ETHZilla Corporation and changed its name to Forum Markets, Incorporated in February 2026. The company is headquartered in Palm Beach, Florida.
Long Name Forum Markets, Incorporated
Market us_market
Market Cap 87,143,248
Market State CLOSED
Max Age 86,400
Message Board Id finmb_587644367
Most Recent Quarter 1,767,139,200
Net Income To Common -443,531,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 87,584,040
Number Of Analyst Opinions 1
Open 2.99
Operating Cashflow -26,052,000
Operating Margins -3.94188
Payout Ratio 0.0
Phone 650 507 0669
Post Market Change -0.35909986
Post Market Change Percent -8.370626
Post Market Price 3.9309
Post Market Time 1,776,470,399
Previous Close 2.37
Price Eps Current Year -9.75
Price Hint 4
Price To Book 0.34066543
Price To Sales Trailing12 Months 13.310409
Profit Margins 0.0
Quick Ratio 0.196
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change 1.92
Regular Market Change Percent 81.0127
Regular Market Day High 5.55
Regular Market Day Low 2.76
Regular Market Day Range 2.76 - 5.55
Regular Market Open 2.99
Regular Market Previous Close 2.37
Regular Market Price 4.29
Regular Market Time 1,776,456,001
Regular Market Volume 36,859,709
Return On Assets -0.9146
Return On Equity -3.56723
Revenue Per Share 0.802
Sand P52 Week Change 0.36506534
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 20,313,111
Shares Percent Shares Out 0.1596
Shares Short 3,242,834
Shares Short Previous Month Date 1,770,940,800
Shares Short Prior Month 2,951,404
Short Name Forum Markets, Incorporated
Short Percent Of Float 0.1721
Short Ratio 15.06
Source Interval 15
State FL
Symbol FRMM
Target High Price 5.0
Target Low Price 5.0
Target Mean Price 5.0
Target Median Price 5.0
Total Cash 8,018,000
Total Cash Per Share 0.395
Total Debt 57,714,000
Total Revenue 6,547,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -54.32
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 15.38405
Two Hundred Day Average Change -11.09405
Two Hundred Day Average Change Percent -0.7211398
Type Disp Equity
Volume 36,859,709
Website https://www.forum-markets.com
Zip 33,480