B. Riley Comments on FG Nexus’ FY2025 Earnings (NASDAQ:FGNX)

FG Nexus Inc (NASDAQ:FGNX) – Equities researchers at B. Riley cut their FY2025 earnings per share (EPS) estimates for shares of FG Nexus in a research note issued to investors on Thursday, November 20th. B. Riley analyst F. Shabalin now forecasts that the company will post earnings of ($4.20) per share for the year, down from their previous forecast of ($3.50). B. Riley currently has a “Buy” rating and a $5.00 target price on the stock. B. Riley also issued estimates for FG Nexus’ Q4 2025 earnings at ($0.20) EPS, FY2026 earnings at ($0.90) EPS and FY2027 earnings at ($0.70) EPS.

Several other analysts have also commented on FGNX. Zacks Research raised shares of FG Nexus to a “hold” rating in a research report on Friday, October 17th. Weiss Ratings restated a “sell (d)” rating on shares of FG Nexus in a research report on Wednesday, October 8th. ThinkEquity began coverage on FG Nexus in a research note on Monday, October 6th. They issued a “buy” rating on the stock. Litchfield Hills Research began coverage on FG Nexus in a report on Tuesday, November 11th. They set a “buy” rating and a $12.00 price target for the company. Finally, Wall Street Zen upgraded shares of FG Nexus to a “hold” rating in a report on Saturday, August 30th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $8.50.

FG Nexus Stock Up 7.9%

NASDAQ:FGNX opened at $2.59 on Monday. The company has a 50-day moving average price of $4.51. FG Nexus has a 1-year low of $2.30 and a 1-year high of $41.25. The firm has a market cap of $102.49 million, a price-to-earnings ratio of -0.74 and a beta of 0.79.

FG Nexus (NASDAQ:FGNX) last announced its quarterly earnings data on Friday, November 14th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.08. FG Nexus had a negative net margin of 64.92% and a negative return on equity of 7.73%. The firm had revenue of $0.89 million during the quarter, compared to analyst estimates of $15.30 million.

FG Nexus Company Profile

FG Financial Group, Inc operates as a reinsurance and investment management holding company in the United States. The company offers specialty property and casualty reinsurance products and services. It also operates a special purpose acquisition company platform (SPAC) that provides various strategic, administrative, and regulatory support services to newly formed SPACs for a monthly fee.