Forian (FORA) Stock Forecast, Price Target & Predictions
FORA Stock Forecast
Forian stock forecast is as follows: an average price target of $4.50 (represents a 101.79% upside from FORA’s last price of $2.23) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
FORA Price Target
The average price target for Forian (FORA) is $4.50 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $4.50 to $4.50. This represents a potential 101.79% upside from FORA's last price of $2.23.
FORA Analyst Ratings
According to 1 Wall Street analysts, Forian's rating consensus is 'Buy'. The analyst rating breakdown for FORA stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Forian Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 01, 2024 | Eric Martinuzzi | Loop Capital Markets | $4.50 | $3.17 | 42.18% | 101.79% |
The latest Forian stock forecast, released on Apr 01, 2024 by Eric Martinuzzi from Loop Capital Markets, set a price target of $4.50, which represents a 42.18% increase from the stock price at the time of the forecast ($3.17), and a 101.79% increase from FORA last price ($2.23).
Forian Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $4.50 |
| Last Closing Price | $2.23 | $2.23 | $2.23 |
| Upside/Downside | -100.00% | -100.00% | 101.79% |
In the current month, the average price target of Forian stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Forian's last price of $2.23. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 01, 2024 | Lake Street | Buy | Buy | Hold |
Forian's last stock rating was published by Lake Street on Apr 01, 2024. The company gave FORA a "Buy" rating, the same as its previous rate.
Forian Financial Forecast
Forian Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $5.37M | $5.35M | $4.89M | $4.87M | $7.90M | $7.18M | $6.53M | $6.39M |
| Avg Forecast | $5.70M | $5.40M | $5.30M | $5.10M | $5.00M | $4.80M | $5.30M | $5.10M | $5.56M | $5.22M | $5.10M | $5.00M | $7.10M | $6.67M | $6.18M | $5.83M |
| High Forecast | $5.70M | $5.40M | $5.30M | $5.10M | $5.00M | $4.80M | $5.30M | $5.10M | $5.56M | $5.22M | $5.10M | $5.00M | $7.10M | $6.67M | $6.18M | $5.83M |
| Low Forecast | $5.70M | $5.40M | $5.30M | $5.10M | $5.00M | $4.80M | $5.30M | $5.10M | $5.56M | $5.22M | $5.10M | $5.00M | $7.10M | $6.67M | $6.18M | $5.83M |
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | 0.97% | 1.03% | 0.96% | 0.97% | 1.11% | 1.08% | 1.06% | 1.10% |
Forian's average Quarter revenue forecast for Mar 24 based on 0 analysts is $5.10M, with a low forecast of $5.10M, and a high forecast of $5.10M. FORA's average Quarter revenue forecast represents a -5.01% decrease compared to the company's last Quarter revenue of $5.37M (Dec 23).
Forian EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | - | $-648.65K | $4.05M | $-1.35M | $-1.36M | $-2.47M | $-3.99M | $-4.91M | $-5.83M |
| Avg Forecast | $-2.11M | $-2.00M | $-1.96M | $-1.89M | $-1.85M | $-1.78M | $-1.96M | $-1.89M | $-2.06M | $-1.93M | $-1.89M | $-1.85M | $-2.63M | $-2.47M | $-2.29M | $-6.95M |
| High Forecast | $-2.11M | $-2.00M | $-1.96M | $-1.89M | $-1.85M | $-1.78M | $-1.96M | $-1.89M | $-2.06M | $-1.93M | $-1.89M | $-1.85M | $-2.63M | $-2.47M | $-2.29M | $-5.56M |
| Low Forecast | $-2.11M | $-2.00M | $-1.96M | $-1.89M | $-1.85M | $-1.78M | $-1.96M | $-1.89M | $-2.06M | $-1.93M | $-1.89M | $-1.85M | $-2.63M | $-2.47M | $-2.29M | $-8.33M |
| Surprise % | - | - | - | - | - | - | - | - | 0.32% | -2.10% | 0.72% | 0.74% | 0.94% | 1.62% | 2.15% | 0.84% |
1 analysts predict FORA's average Quarter EBITDA for Dec 23 to be $-2.06M, with a high of $-2.06M and a low of $-2.06M. This is -150.78% lower than Forian's previous annual EBITDA (Sep 23) of $4.05M.
Forian Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - |
| Net Income | - | - | - | - | - | - | - | - | $1.39M | $4.34M | $-1.12M | $-2.25M | $-3.56M | $-5.13M | $-5.43M | $-11.85M |
| Avg Forecast | $621.97K | $621.97K | $621.97K | $621.97K | $310.98K | $3.11M | $932.95K | $932.95K | $310.98K | $-932.95K | $-1.55M | $-2.18M | $-4.66M | $-5.29M | $-7.15M | $-7.52M |
| High Forecast | $621.97K | $621.97K | $621.97K | $621.97K | $310.98K | $3.11M | $932.95K | $932.95K | $310.98K | $-932.95K | $-1.55M | $-2.18M | $-4.66M | $-5.29M | $-7.15M | $-6.02M |
| Low Forecast | $621.97K | $621.97K | $621.97K | $621.97K | $310.98K | $3.11M | $932.95K | $932.95K | $310.98K | $-932.95K | $-1.55M | $-2.18M | $-4.66M | $-5.29M | $-7.15M | $-9.03M |
| Surprise % | - | - | - | - | - | - | - | - | 4.47% | -4.65% | 0.72% | 1.03% | 0.76% | 0.97% | 0.76% | 1.58% |
Forian's average Quarter net income forecast for Mar 24 is $932.95K, with a range of $932.95K to $932.95K. FORA's average Quarter net income forecast represents a -32.83% decrease compared to the company's last Quarter net income of $1.39M (Dec 23).
Forian SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | $4.38M | $4.52M | $4.79M | $4.84M | $6.33M | $6.19M | $6.39M | $7.50M |
| Avg Forecast | $11.35M | $10.75M | $10.55M | $10.15M | $9.95M | $9.55M | $10.55M | $10.15M | $11.06M | $10.39M | $10.15M | $9.95M | $14.13M | $13.29M | $12.30M | $4.76M |
| High Forecast | $11.35M | $10.75M | $10.55M | $10.15M | $9.95M | $9.55M | $10.55M | $10.15M | $11.06M | $10.39M | $10.15M | $9.95M | $14.13M | $13.29M | $12.30M | $5.71M |
| Low Forecast | $11.35M | $10.75M | $10.55M | $10.15M | $9.95M | $9.55M | $10.55M | $10.15M | $11.06M | $10.39M | $10.15M | $9.95M | $14.13M | $13.29M | $12.30M | $3.81M |
| Surprise % | - | - | - | - | - | - | - | - | 0.40% | 0.43% | 0.47% | 0.49% | 0.45% | 0.47% | 0.52% | 1.58% |
Forian's average Quarter SG&A projection for Mar 24 is $10.15M, based on 0 Wall Street analysts, with a range of $10.15M to $10.15M. The forecast indicates a 131.90% rise compared to FORA last annual SG&A of $4.38M (Dec 23).
Forian EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | - | 1 | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | $0.04 | $0.13 | $-0.03 | $-0.07 | $-0.11 | $-0.16 | $-0.17 | $-0.37 |
| Avg Forecast | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.10 | $0.03 | $0.03 | $0.01 | $-0.03 | $-0.05 | $-0.07 | $-0.15 | $-0.17 | $-0.23 | $-0.26 |
| High Forecast | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.10 | $0.03 | $0.03 | $0.01 | $-0.03 | $-0.05 | $-0.07 | $-0.15 | $-0.17 | $-0.23 | $-0.26 |
| Low Forecast | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.10 | $0.03 | $0.03 | $0.01 | $-0.03 | $-0.05 | $-0.07 | $-0.15 | $-0.17 | $-0.23 | $-0.26 |
| Surprise % | - | - | - | - | - | - | - | - | 4.28% | -4.33% | 0.70% | 0.99% | 0.73% | 0.94% | 0.74% | 1.42% |
According to 0 Wall Street analysts, Forian's projected average Quarter EPS for Mar 24 is $0.03, with a low estimate of $0.03 and a high estimate of $0.03. This represents a -29.91% decrease compared to FORA previous annual EPS of $0.04 (Dec 23).
FORA Forecast FAQ
Is Forian a good buy?
Yes, according to 1 Wall Street analysts, Forian (FORA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of FORA's total ratings.
What is FORA's price target?
Forian (FORA) average price target is $4.5 with a range of $4.5 to $4.5, implying a 101.79% from its last price of $2.23. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Forian stock go up soon?
According to Wall Street analysts' prediction for FORA stock, the company can go up by 101.79% (from the last price of $2.23 to the average price target of $4.5), up by 101.79% based on the highest stock price target, and up by 101.79% based on the lowest stock price target.
Can Forian stock reach $3?
FORA's average twelve months analyst stock price target of $4.5 supports the claim that Forian can reach $3 in the near future.
What are Forian's analysts' financial forecasts?
Forian's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $20.2M (high $20.2M, low $20.2M), average EBITDA is $-7.471M (high $-7.471M, low $-7.471M), average net income is $5.29M (high $5.29M, low $5.29M), average SG&A $40.21M (high $40.21M, low $40.21M), and average EPS is $0.17 (high $0.17, low $0.17). FORA's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $21.5M (high $21.5M, low $21.5M), average EBITDA is $-7.952M (high $-7.952M, low $-7.952M), average net income is $2.49M (high $2.49M, low $2.49M), average SG&A $42.8M (high $42.8M, low $42.8M), and average EPS is $0.08 (high $0.08, low $0.08).
Did the FORA's actual financial results beat the analysts' financial forecasts?
Based on Forian's last annual report (Dec 2023), the company's revenue was $20.48M, which missed the average analysts forecast of $20.88M by -1.89%. Apple's EBITDA was $1.06M, missing the average prediction of $-7.721M by -113.71%. The company's net income was $11.11M, missing the average estimation of $-4.354M by -355.10%. Apple's SG&A was $18.52M, missing the average forecast of $41.55M by -55.44%. Lastly, the company's EPS was $0.35, missing the average prediction of $-0.14 by -350.00%. In terms of the last quarterly report (Dec 2023), Forian's revenue was $5.37M, missing the average analysts' forecast of $5.56M by -3.39%. The company's EBITDA was $-649K, missing the average prediction of $-2.055M by -68.44%. Forian's net income was $1.39M, beating the average estimation of $310.98K by 346.63%. The company's SG&A was $4.38M, missing the average forecast of $11.06M by -60.43%. Lastly, the company's EPS was $0.0428, beating the average prediction of $0.01 by 328.00%