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Forian Inc (FORA) is not a good buy for a beginner, long-term investor at this time. The stock offers limited upside as the majority of shareholders have chosen to take the company private at $2.10 per share. Additionally, the technical indicators, financial performance, and analyst ratings do not suggest significant growth potential or a compelling entry point.
The MACD is below 0 and negatively contracting, indicating bearish momentum. RSI is neutral at 52.907, and moving averages are converging, providing no clear trend. Support and resistance levels are close to the current price, suggesting minimal volatility. The stock has a 70% chance to decline in the short term (-0.61% next day, -2.45% next week, -5.14% next month).

The company reported a significant revenue increase of 65.64% YoY in Q3 2025.
The majority of shareholders have chosen to take the company private at $2.10 per share, limiting upside potential. Net income, EPS, and gross margin have all declined YoY. Analysts have downgraded the stock to Neutral with a price target of $2.10, citing limited upside.
In Q3 2025, revenue increased by 65.64% YoY to $7,762,183. However, net income dropped by -26.20% YoY to -$151,220, EPS fell to 0 (-100% YoY), and gross margin decreased by 27.10% YoY to 50.97%.
Roth Capital downgraded the stock to Neutral from Buy, with a price target of $2.10 (down from $5), citing limited upside due to the company's privatization plans.