Forum Markets Cuts 2026 Outlook to $8M-$9M, Slows Initial AI Compute Deployment

Forum Markets, Incorporated cut its 2026 revenue outlook to a range of $8 million to $9 million and slowed deployment of its initial AI compute capacity as costs rose rapidly.

The company tied the slower deployment to rapid increases in compute pricing, equipment costs and financing costs. Its previous outlook for 2026 was $18 million to $22 million.

Forum formed Forum Edge AI LLC with Edge Node Inc. on Oct. 2, 2026. Forum holds a 51% stake and manages the venture, while Edge Node holds the other 49%. The venture plans an initial deployment of about 11 megawatts at existing powered U.S. sites, part of Forum’s U.S. AI infrastructure plan.

Forum set full-year 2027 consolidated revenue guidance at $125 million to $175 million. That figure reflects 100% of the joint venture’s anticipated revenue because Forum expects to consolidate the business. Edge Node’s share is reported as a noncontrolling interest below net income.

The venture has also finalized a $94.4 million agreement for 96 servers. GPUs were previously expected at its Dallas facility in late December or early January under the earlier deployment schedule, outlined in coverage of the 96-server agreement.