diff --git a/openbb_terminal/forecast/forecast_controller.py b/openbb_terminal/forecast/forecast_controller.py
index c2e7bafb2d6..475e311ca2a 100644
--- a/openbb_terminal/forecast/forecast_controller.py
+++ b/openbb_terminal/forecast/forecast_controller.py
@@ -3198,7 +3198,7 @@ class ForecastController(BaseController):
             "--model_name",
             dest="model_name",
             choices=whisper.available_models(),
-            default="small",
+            default="base",
             help="name of the Whisper model to use",
         )
         parser.add_argument(
diff --git a/openbb_terminal/forecast/whisper_model.py b/openbb_terminal/forecast/whisper_model.py
index fe962d8374e..0326209046f 100644
--- a/openbb_terminal/forecast/whisper_model.py
+++ b/openbb_terminal/forecast/whisper_model.py
@@ -62,7 +62,7 @@ def get_audio(urls):
 @log_start_end(log=logger)
 def transcribe_and_summarize(
     video: str = "",
-    model_name: str = "small",
+    model_name: str = "base",
     subtitles_format: str = "vtt",
     verbose: bool = False,
     task: str = "transcribe",