FONR Stock Summary and Trading Ideas (Fonar | NASDAQ:FONR)

Fonar Corp is a United States-based company which is engaged in the business of designing, manufacturing, selling and servicing magnetic resonance imaging (MRI) scanners, which utilize MRI technology for the detection and diagnosis of human disease, abnormalities, other medical conditions, and injuries. The company operates through two segments namely Manufacturing and servicing of medical equipment; and the Management of diagnostic imaging centers, which generates a vast majority of the revenue.

Fonar trades on the NASDAQ stock market under the symbol FONR.

As of April 17, 2026, FONR stock price climbed to $18.78 with 38,460 million shares trading.

FONR has a beta of -0.26, meaning it tends to be less sensitive to market movements. FONR has a correlation of 0.01 to the broad based SPY ETF.

FONR has a market cap of $118.24 million. This is considered a Micro Cap stock.

In the last 3 years, FONR traded as high as $24.05 and as low as $12.00.

The top ETF exchange traded funds that FONR belongs to (by Net Assets): VTI, AVUV, VXF, DFMC, DFAT.

FONR has outperformed the market in the last year with a return of +55.7%, while the SPY ETF gained +36.8%. However, in the most recent history, FONR shares have underperformed the stock market with its stock returning +0.8% in the last 3 month period and +1.0% for the last 2 week period, while SPY has returned +3.2% and +8.5%, respectively.

FONR support price is $18.70 and resistance is $18.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FONR shares will trade within this expected range on the day.