FG Nexus Inc (NASDAQ:FGNX) Receives Average Recommendation of “Hold” from Brokerages

Posted by on Jun 4th, 2026

FG Nexus Inc (NASDAQ:FGNX – Get Free Report) has received an average recommendation of “Hold” from the five research firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $35.00.

FGNX has been the topic of a number of recent analyst reports. Weiss Ratings downgraded shares of FG Nexus from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, May 11th. B. Riley Financial cut their price target on shares of FG Nexus from $13.00 to $10.00 and set a “buy” rating on the stock in a research note on Tuesday, March 31st. Finally, Wall Street Zen downgraded shares of FG Nexus from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 16th.

Check Out Our Latest Analysis on FG Nexus

Hedge Funds Weigh In On FG Nexus

A number of large investors have recently bought and sold shares of the stock. LPL Financial LLC purchased a new position in FG Nexus during the fourth quarter worth approximately $31,000. FNY Investment Advisers LLC purchased a new position in FG Nexus during the fourth quarter worth approximately $68,000. Millennium Management LLC purchased a new position in FG Nexus during the fourth quarter worth approximately $100,000. Susquehanna Fundamental Investments LLC purchased a new position in FG Nexus during the fourth quarter worth approximately $103,000. Finally, Aristides Capital LLC purchased a new position in FG Nexus during the fourth quarter worth approximately $182,000. Hedge funds and other institutional investors own 3.13% of the company’s stock.

FG Nexus Stock Performance

Shares of FGNX opened at $7.11 on Friday. The company has a market capitalization of $44.51 million, a price-to-earnings ratio of 0.56 and a beta of 1.02. The company’s 50 day simple moving average is $6.48 and its 200 day simple moving average is $10.11. FG Nexus has a 1 year low of $4.18 and a 1 year high of $206.25.

FG Nexus Company Profile

(Get Free Report)

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. The company was formerly known as 1347 Property Insurance Holdings, Inc and changed its name to FG Financial Group, Inc in December 2020.

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Analyst Recommendations for FG Nexus (NASDAQ:FGNX)

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