Forum Markets, Incorporated (FRMM)

NASDAQ: FRMM · Real-Time Price · USD
5.14
-0.28 (-5.17%)
At close: Apr 28, 2026, 4:00 PM EDT
5.17
+0.03 (0.58%)
After-hours: Apr 28, 2026, 4:19 PM EDT
-5.17%
Market Cap 104.82M
Revenue (ttm) 6.55M
Net Income (ttm) -450.52M
Shares Out 20.31M
EPS (ttm) -55.18
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 794,257
Open 5.32
Previous Close 5.42
Day's Range 5.06 - 5.43
52-Week Range 1.76 - 174.60
Beta 1.03
Analysts Buy
Price Target 5.00 (-3.1%)
Earnings Date May 15, 2026

About FRMM

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 Corpora... [Read more]

Sector Technology
CEO McAndrew Rudisill
Employees 4
Stock Exchange NASDAQ
Ticker Symbol FRMM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for FRMM stock is "Buy" and the 12-month stock price target is $5.0.

Price Target
$5.0
(-3.10% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Forum Board Reinitiates Share Repurchase Program; Forms Special Committee of Independent Directors to Evaluate Proposals to Maximize Shareholder Value

PALM BEACH, Fla., April 17, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM) ("Forum", "the Company"), a digital asset platform modernizing capital markets through the tokenization of r...

11 days ago - PRNewsWire

Forum to Participate in AI Chip Infrastructure Financing to Purchase NVIDIA GPUs; Targets Returns in the Mid-Teens

Forum intends to deploy capital into short-term AI chip infrastructure loans and tokenize the loans through Forum's digital asset platform PALM BEACH, Fla., April 8, 2026 /PRNewswire/ -- Forum Markets...

20 days ago - PRNewsWire

Forum Announces Initiation of Analyst Coverage by Benchmark

Benchmark Initiates with Speculative Buy Rating and $5.00 Price Target PALM BEACH, Fla., April 7, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM), a digital asset platform modernizing ...

21 days ago - PRNewsWire

Forum Markets Earnings Call Transcript: Q4 2025

Revenue for 2025 was $6.5M with a net loss of $450.5M, reflecting a strategic shift to yield-generating real-world assets and tokenization. 2026 guidance targets $125–$200M AUM and $18–$26M revenue, with positive cash flow expected in 2027.

4 weeks ago - Transcripts

Forum Reports Fourth Quarter and Full Year 2025 Financial Results

Company Introduces 2026 Guidance as RWA Tokenization Platform Begins to Scale PALM BEACH, Fla., March 31, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM) ("Forum" or the "Company"), a ...

4 weeks ago - PRNewsWire

Forum Markets Transcript: Sidoti March Small-Cap Virtual Conference

The conference detailed a strategy centered on acquiring and tokenizing real-world assets across major verticals, distributing yield to token holders via a regulated platform. Expansion into new asset classes, strict regulatory compliance, and a focus on institutional distribution were emphasized as drivers for future growth.

5 weeks ago - Transcripts

Forum to Present at Sidoti's Small-Cap Virtual Investor Conference on March 18

PALM BEACH, Fla., March 12, 2026 /PRNewswire/ -- Forum Markets, Incorporated (Nasdaq: FRMM) ("Forum"), a digital asset platform modernizing capital markets through the tokenization of real-world asset...

6 weeks ago - PRNewsWire

Forum Establishes Auto Loan Warehouse Facility Enabling 24/7/365 Loan Settlement via Blockchain Infrastructure

Forum intends to buy loans from the warehouse, generating cash flow and enhancing the yield profile of upcoming auto loan tokens PALM BEACH, Fla., March 9, 2026 /PRNewswire/ -- Forum Markets, Incorpor...

7 weeks ago - PRNewsWire

ETHZilla Becomes Forum in Next Step of Strategic Evolution Toward Institutional-Grade Real-World Asset Tokenization

Company Expects to Begin Trading on Nasdaq Under New Ticker Symbol "FRMM" on March 2, 2026 PALM BEACH, Fla., Feb. 25, 2026 /PRNewswire/ -- ETHZilla Corporation (Nasdaq: ETHZ) today announced that it h...

2 months ago - PRNewsWire

ETHZilla Announces First Ever Tradable Tokenized Aviation Assets on Ethereum Network Secured by Jet Engines on Lease with a Leading U.S. Air Carrier

Marks first deployment of ETHZilla's tokenized finance framework for cash-flow-generating real-world assets PALM BEACH, Fla., Feb. 12, 2026 /PRNewswire/ -- ETHZilla Corporation (Nasdaq: ETHZ) (togethe...

2 months ago - PRNewsWire

ETHZilla Purchases Manufactured Home Loan Portfolio, Plans Tokenization on Ethereum L2

Transaction will extend ETHZilla's tokenized finance framework into residential credit assets with recurring cash flows PALM BEACH, Fla., Feb. 5, 2026 /PRNewswire/ -- ETHZilla Corporation (Nasdaq: ETH...

2 months ago - PRNewsWire

ETHZilla Announces Participation in Susquehanna's 15th Annual Technology Conference

PALM BEACH, Fla., Jan. 15, 2026 /PRNewswire/ -- ETHZilla Corporation (Nasdaq: ETHZ), a financial technology company building institutional-grade infrastructure for real-world asset tokenization, today...

3 months ago - PRNewsWire

ETHZ Investors Have Opportunity to Join ETHZilla Corporation Fraud Investigation with the Schall Law Firm

LOS ANGELES, Jan. 07, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ETHZilla Corporat...

3 months ago - GlobeNewsWire

Crypto stocks split as year ends

CNBC's MacKenzie Sigalos reports on the winners and losers in the crypto trade as 2025 comes to an end.

4 months ago - CNBC Television

ETHZilla Makes Second Ether Sale, 2026 Crypto Regulation Expectations | Bloomberg Crypto 12/23/2025

"Bloomberg Crypto" covers the people, transactions, and technology shaping the world of decentralized finance. Today's guests: Strive CEO Matt Cole and Zerohash CEO Edward Woodford.

4 months ago - Bloomberg Markets and Finance

ETHZilla Announces Appointment of Angela Dalton and Michael Edwards to Board of Directors

PALM BEACH, Fla. , Dec. 19, 2025 /PRNewswire/ -- ETHZilla Corporation (Nasdaq: ETHZ) ("ETHZilla" or the "Company") today announced that Angela Dalton, chief executive officer and founder of Signum Gro...

4 months ago - PRNewsWire

ETHZilla Publishes Shareholder Letter from Chairman of the Board

PALM BEACH, Fla. , Dec. 16, 2025 /PRNewswire/ -- ETHZilla Corporation (Nasdaq: ETHZ), a technology company bringing decentralized finance infrastructure to traditional finance, today published a share...

4 months ago - PRNewsWire

ETHZilla Announces Plans to Effect Early Redemption of 2028 Convertible Notes to Streamline Capital Structure

PALM BEACH, Fla. , Dec. 10, 2025 /PRNewswire/ -- ETHZilla Corporation (Nasdaq: ETHZ) ("ETHZilla" or the "Company") today announced that it intends to redeem in full its outstanding $516 million in agg...

4 months ago - PRNewsWire

ETHZilla and Zippy Enter into Definitive Agreements with Plans to Tokenize Manufactured Home Loans On-Chain, ETHZilla Takes 15% Stake in Zippy

Latest strategic investment further advances ETHZilla's real-world asset strategy, with plans to extend tokenization capabilities to manufactured housing finance PALM BEACH, Fla. , Dec. 10, 2025 /PRNe...

4 months ago - PRNewsWire

ETHZilla Integrates Karus to Power AI-Modeled Auto Loan Tokenization

Strategic transaction seeks to combine Karus's predictive credit analytics with ETHZilla's blockchain infrastructure to bring real-world credit investments on-chain PALM BEACH, Fla. , Dec. 3, 2025 /PR...

5 months ago - PRNewsWire

Crypto-linked stocks slide sharply in broad risk reversal

CNBC's MacKenzie Sigalos reports on news regarding crypto stocks.

Other symbols: BMNRCOINCRCLMSTRSBET
5 months ago - CNBC Television

Forum Markets Earnings Call Transcript: Q3 2025

Q3 marked a transformative shift to a digital asset platform, with $4.1M in revenue from ETH staking and $931M raised for growth. Total assets reached $1.01B, and the company is set to launch tokenized real-world assets in Q4, targeting higher yields and scalable on-chain income.

5 months ago - Transcripts

ETHZilla Promotes John T. Saunders to Chief Financial Officer

PALM BEACH, Fla. , Nov. 14, 2025 /PRNewswire/ -- ETHZilla Corporation (Nasdaq: ETHZ), a leading technology company connecting traditional finance with decentralized finance (DeFi), today announced the...

5 months ago - PRNewsWire

ETHZilla Reports Third Quarter 2025 Financial Results

Company generates $4.1 million in revenue in first six weeks operating as ETHZilla;  Accelerates RWA tokenization initiatives PALM BEACH, Fla. , Nov. 14, 2025 /PRNewswire/ -- ETHZilla Corporation (Nas...

5 months ago - PRNewsWire

ETHZilla Sells Approximately $40mm ETH to Facilitate Stock Repurchases

Company has repurchased approximately 600k shares for about $12 million since Oct. 24, 2025 Company is buying back shares at a significant discount to NAV PALM BEACH, Fla. , Oct. 27, 2025 /PRNewswire/...

6 months ago - PRNewsWire