How to Buy Forian Stock

Forian Inc

Forian Inc. provides software solutions, proprietary data driven insights, and predictive analytics to optimize the operational, clinical, and financial performance of its healthcare, cannabis, and government customers.

Forian stock last closed at $1.89, down 3.32% from the previous day, and has decreased 26.74% in one year. It has overperformed other stocks in the Health Information Services industry by 0.43 percentage points. Forian stock is currently +2.16% from its 52-week low of $1.85, and -53.1% from its 52-week high of $4.03.

As of Apr 21, 2025, there are 31.19M FORA shares outstanding. The market cap of FORA is $58.96M. In the past 24 hours, 1870 FORA shares were traded.

How to Buy Forian Stock

Wondering how to invest in Forian stock? Here's how.

  1. Figure out where to buy Forian stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Forian stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Choose your payment method and add your information.
  4. Evaluate Forian stock: The Forian ticker symbol is FORA. Is Forian stock a good investment? Should you buy shares of FORA? How do FORA's underlying business fundamentals look? Do top analysts think Forian is a good buy? Why has FORA's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if FORA is a good stock to buy).
  5. Make your FORA purchase: Decide if you will purchase FORA shares at the current market price or use a limit order to purchase FORA shares at a given price.
  6. Get notifications regarding your FORA investment: Create a watchlist to keep tabs on your new investment in Forian shares.

Step 1: Figure out where to buy Forian stock

You need a brokerage account to access the NASDAQ market and buy FORA stock.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal details so you can buy FORA today.

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Step 3: Fund your investment account

Now that you've opened your account on stock market apps, your next step is to transfer the money for your investment:

Check out the video below for more details transferring funds into your new brokerage account.

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Step 4: Evaluate Forian stock

After you have selected the best place to buy Forian stock, it's crucial to analyze their stock before you invest, so you actually wrap your head around the risk and opportunity.

Forian Numbers

FORA Price
$1.89
1w %
-3.32%
1y %
-26.74%
5y %
N/A
P/E
-15.75x
P/B
1.96x
P/S
2.91x
PEG
N/A
Revenue
$20.15M
Earnings
-$3.77M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$58.96M
Next Earnings
May 12, 2025
Next Dividend
N/A

Forian Due Diligence Checks

WallStreetZen was built to help part-time investors perform better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on FORA's stock page.

Is FORA stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge FORA's fair value.

Using relative valuations ratios:

  • FORA may be undervalued based on its P/B ratio of 1.96x, relative to Health Information Services industry P/B ratio of 3.29x

You can do more valuation research on FORA's stock here.

FORA Financials at a glance

Positive Health Checks:

  • There are more short-term assets than long-term liabilities on the FORA balance sheet.
  • Total FORA debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the FORA balance sheet.

Negative Health Checks:

  • FORA has a relatively high debt to equity ratio of 0.57.
  • FORA earnings of -$3.00M is not sufficient to cover its interest payments.
  • FORA profit margin has gone down from 55.5% to -18.7% in the past year.
  • FORA's operating cash flow of $282.83k allows it to safely service it's debt of $6.72M.

Do Wall Street analysts think it's a good time to buy Forian stock

Out of 1 Wall Street analysts who research FORA, the consensus analyst rating on FORA is a Strong Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Forian stock forecast page.

FORA Trading Indicators

SMA10
1.93
SMA20
1.97
SMA50
2.18
SMA100
2.14
SMA200
2.22
MACD
-0.05
MACD Signal
-0.06
MACD Histogram
0.01
RSI
42.22
Stochastic %K
34.51
Stochastic %D
49.21
StochRSI %K
47.64
StochRSI %D
67.99

FORA Growth Numbers

Last year, FORA revenue was $20.15M. During the past 4 year, FORA's revenue has grown by 146.61% per year. This was faster than the Health Information Services industry average of 22.41%.

Learn more about FORA's earnings and revenue performance here.

Who is buying/selling FORA?

Over the last 12 months, executives and large shareholders at FORA have bought more shares than they have sold.

Edward Francis Spaniel Jr., EVP Gen Counsel Secretary of FORA, was the latest FORA insider to sell. They sold $16,004.14 worth of FORA shares on Mar 5, 2025.

Get more info about who owns FORA shares here.

Can I get consistent income from FORA stock?

No, Forian doesn't provide an income stream by paying out dividends.

What do other investors have to say about FORA?

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your FORA purchase

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually fine.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.

Hit the Open Trade button and your broker will execute your order.

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Step 6: Get notifications regarding your FORA investment

Now that you own some shares in FORA, you'll want to stay up-to-date on your new stock purchase.

Create a watchlist to monitor your FORA stock.

FORA Feed

How to Buy Stock in Forian

To reiterate, here are the 6 steps to buy stock in Forian:

  1. Figure out where to buy Forian stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Evaluate Forian stock
  5. Make your FORA purchase
  6. Get notifications regarding your FORA investment

If you are looking for a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Forian, create your watchlist below.

NASDAQ: FORA
$1.89-0.07 (-3.32%)
Updated Apr 21, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: FORA
$1.89-0.07 (-3.32%)
Updated Apr 21, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Forian share?

As of Apr 21, 2025, it costs $1.89 to buy one share of Forian stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.95, you can buy 0.5 shares of FORA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Forian stock?

According to 1 Wall Street analysts who monitor Forian, their consensus recommendation is to buy Forian stock.

What is the best way to buy Forian stock?

One way to place an order for Forian stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.