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

Posted by Geri Gentry on Sep 14th, 2026

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

Several research firms have recently commented on FGNX. Wall Street Zen upgraded FG Nexus from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Weiss Ratings downgraded shares of FG Nexus from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, September 8th.

View Our Latest Research Report on FGNX

Institutional Investors Weigh In On FG Nexus

Hedge funds and other institutional investors have recently bought and sold shares of the stock. LPL Financial LLC acquired a new stake in shares of FG Nexus during the fourth quarter worth about $31,000. Millennium Management LLC acquired a new stake in shares of FG Nexus in the fourth quarter valued at approximately $100,000. Susquehanna Fundamental Investments LLC acquired a new stake in FG Nexus during the 4th quarter worth $103,000. Aristides Capital LLC acquired a new stake in shares of FG Nexus during the fourth quarter worth about $182,000. Finally, OMERS ADMINISTRATION Corp purchased a new position in shares of FG Nexus in the 4th quarter valued at approximately $239,000. 3.13% of the stock is currently owned by institutional investors and hedge funds.

FG Nexus Stock Performance

Shares of FGNX opened at $8.01 on Monday. The firm has a 50-day moving average price of $7.00 and a 200 day moving average price of $6.63. The firm has a market capitalization of $40.85 million, a P/E ratio of -1.15 and a beta of 1.09. FG Nexus has a 12-month low of $4.18 and a 12-month high of $45.80.

FG Nexus (NASDAQ:FGNX – Get Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported ($3.07) earnings per share for the quarter, topping analysts’ consensus estimates of ($6.45) by $3.38. The business had revenue of $0.24 million during the quarter. FG Nexus had a negative return on equity of 95.68% and a negative net margin of 4,888.86%. Equities research analysts predict that FG Nexus will post -12.62 earnings per share for the current fiscal year.

About FG Nexus

(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.