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FORA

BEARISH
$2.14 Live
Forian Inc. · NASDAQ
Target $2.1 (-1.9%)
$1.64 52W Range $2.71

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 10, 2026
Market cap
$66.86M
P/E
N/A
ROE
-9.6%
Profit margin
-9.5%
Debt/Equity
0.0
Dividend yield
N/A

AI Analysis

AI-powered fundamental assessment

Confidence
80%
FORA exhibits severe fundamental weakness as evidenced by a Piotroski F-Score of 2/9, indicating poor operational efficiency and financial health. While the company maintains a debt-free balance sheet and strong liquidity (Current Ratio 2.96), it is struggling to translate 37% revenue growth into bottom-line profitability. The technical trend is completely bearish (0/100) and the 5-year price performance is devastating (-82.8%), suggesting a long-term loss of investor confidence. Despite a healthy gross margin of 53.21%, the negative operating margins and lack of deterministic value markers make this a high-risk speculative play.

Key Strengths

Zero debt (Debt/Equity: 0.00)
Strong short-term liquidity (Current Ratio: 2.96)
Robust revenue growth (37% YoY)
Healthy gross margins (53.21%)
Positive forward P/E suggests a projected path to profitability

Key Risks

Critically low Piotroski F-Score (2/9) indicating fundamental deterioration
Negative operating margins (-24.44%)
Severe long-term price depreciation (-82.8% over 5 years)
Extreme technical bearishness (Technical Trend: 0/100)
Micro-cap volatility and low analyst coverage (1 analyst)
AI Fair Value Estimate
Based on comprehensive analysis
$2.1
-1.9% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
30
Weak
Value
45
Future
55
Past
20
Health
30
Dividend
0
AI Verdict
High Risk / Speculative
Key drivers: Piotroski F-Score, Revenue Growth, Debt-free Balance Sheet, Technical Trend
Confidence
85%
Value
45/100

Valuation is based on sales and book value as earnings are currently negative.

Positives
  • Reasonable Price/Sales (2.21)
  • Moderate Price/Book (2.23)
Watchpoints
  • No current P/E due to losses
  • No Graham Number available
Future
55/100

Growth is strong, but the quality of that growth is questionable.

Positives
  • Strong YoY and Q/Q revenue growth (~37%)
  • Forward P/E of 23.78 implies expected earnings
Watchpoints
  • Inconsistent earnings surprises
  • Failure to scale revenue into operating profit
Past
20/100

Historical price action is overwhelmingly negative.

Positives
  • Recent 1Y recovery (+13.5%)
Watchpoints
  • Catastrophic 5Y return (-82.8%)
  • Consistent failure to maintain price levels
Health
30/100

Balance sheet is clean (no debt), but operational health is failing.

Positives
  • Zero debt
  • High current and quick ratios
Watchpoints
  • Piotroski F-Score of 2/9 is a major red flag
  • Negative ROE and ROA
Dividend
0/100

Company is in a growth/survival phase; no capital return to shareholders.

Positives
No standout positives identified.
Watchpoints
  • No dividend paid
  • 0/100 dividend strength

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$2.14
Analyst Target
$2.1
Upside/Downside
-1.9%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for FORA and closest competitors.

Updated 2026-04-09
FOR
Forian Inc.
Primary
5Y
-82.8%
3Y
-35.5%
1Y
+13.5%
6M
-7.0%
1M
+2.9%
1W
+1.9%
ATH
Alterity Therapeutics Limited
Peer
5Y
-80.8%
3Y
-8.5%
1Y
+6.3%
6M
-45.8%
1M
+14.5%
1W
+2.9%
ASR
Assertio Holdings, Inc.
Peer
5Y
-80.4%
3Y
-85.9%
1Y
-2.8%
6M
-7.5%
1M
-1.3%
1W
-1.5%
DCG
DocGo Inc.
Peer
5Y
-94.3%
3Y
-93.1%
1Y
-77.6%
6M
-55.1%
1M
-15.2%
1W
-9.4%
BTM
biote Corp.
Peer
5Y
-85.2%
3Y
-74.7%
1Y
-54.1%
6M
-47.5%
1M
-16.8%
1W
+10.4%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
N/A
Forward P/E
23.78
PEG Ratio
N/A
P/B Ratio
2.23
P/S Ratio
2.21
EV/Revenue
1.17
EV/EBITDA
-9.93
Market Cap
$66.86M

Profitability

Profit margins and return metrics

Profit Margin -9.5%
Operating Margin -24.44%
Gross Margin 53.21%
ROE -9.61%
ROA -5.15%

Growth

Revenue and earnings growth rates

Revenue Growth +37.0%
Earnings Growth N/A
Q/Q Revenue Growth +36.99%
Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.0
Low debt
Current Ratio
2.96
Strong
Quick Ratio
2.78
Excellent
Cash/Share
$1.01

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$0.0B
Gross Margin
49.2%
Op. Margin
-10.4%
Net Margin
-22.9%
Total Assets
$0.0B
Liabilities
$0.0B
Equity
$0.0B
Debt/Equity
0.48x
Operating CF
$0.0B
Free Cash Flow
$0.0B
FCF Yield
100%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-05-13
$N/A
2026-03-27
$N/A
-132.0% surprise
2025-11-14
$0.02
+106.0% surprise
2025-08-13
$0.02
+129.0% surprise

Healthcare Sector Comparison

Comparing FORA against 205 companies in the Healthcare sector (17 bullish, 70 neutral, 118 bearish)
Return on Equity (ROE)
-9.61%
This Stock
vs
-42.45%
Sector Avg
-77.4% (Below Avg)
Profit Margin
-9.5%
This Stock
vs
-18.49%
Sector Avg
-48.6% (Weaker)
Debt to Equity
0.0
This Stock
vs
4.76
Sector Avg
-100.0% (Less Debt)
Revenue Growth
37.0%
This Stock
vs
106.86%
Sector Avg
-65.4% (Slower)
Current Ratio
2.96
This Stock
vs
3.53
Sector Avg
-16.1% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

MCGRAIL CAROLINE STRICKLAND
General Counsel
Stock Award
2025-10-31
150,000 shares · $336,000
Insider transactions can signal confidence or concerns about company prospects

Past News Coverage

Recent headlines mentioning FORA from our newsroom.

Newest → oldest
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