Fundamental comparison
Foresight’s Q2 2025 release shows a year‑over‑year jump in both top‑line and bottom‑line metrics. Revenue for the quarter rose to roughly $78 million, up about 38 % versus Q2 2024’s $57 million. Net earnings also accelerated, moving from a modest loss of $1.2 million in Q2 2024 to a positive $4.5 million in Q2 2025 – a swing of more than 300 % and the first quarterly profit of the year. The upside reflects the company’s expanding 3‑D perception platform, higher‑margin contracts with autonomous‑vehicle OEMs, and a tighter cost structure that trimmed SG&A by ~12 %.
Market & technical implications
The YoY revenue surge and turnaround to profitability are likely to fuel a short‑to‑mid‑term rally. On the daily chart, FRSX has just broken above the 20‑day SMA (≈$4.12) and is testing the $4.30–$4.35 resistance band, a level that coincides with the 50‑day SMA. Volume on the breakout was 1.8× the 10‑day average, indicating strong buying interest. A retest of the 20‑day SMA as support could provide a cleaner entry point; a bounce back to the $4.30–$4.35 zone would set up a potential 15–20 % upside toward the $4.70–$4.80 range, where the Q2‑2025 earnings‑per‑share (EPS) multiple sits near 30×. Conversely, a failure to hold the 20‑day SMA may expose the stock to a corrective pull‑back toward the $3.90–$4.00 support zone.
Actionable take‑away
Given the strong YoY growth in both revenue and earnings, the fundamentals justify a bullish stance. Traders could consider a long position on a pull‑back to the 20‑day SMA (~$4.12) with a stop just below $3.95, targeting the $4.30–$4.35 resistance as the primary upside objective. The upside potential aligns with the company’s expanding market share in autonomous‑vehicle perception, while the improved earnings profile reduces downside risk.