$
0.000
0.000(0.000%)
  • Overview
  • Forecast
  • Valuation
High
14.8915
Open
14.350
VWAP
14.46
Vol
216.47K
Mkt Cap
181.75M
Low
13.680
Amount
3.13M
EV/EBITDA(TTM)
--
Total Shares
181.04M
EV
92.38M
EV/OCF(TTM)
--
P/S(TTM)
34.61
Forge Global Holdings, Inc. is a provider of marketplace infrastructure, data services and technology solutions for private market participants. The Company offers trading platforms, proprietary data and insights to inform investment strategies, along with custody services to help companies, shareholders, institutions and accredited investors navigate and transact in the private market. Its solutions include trading solutions, custody solutions, and data solutions. Its trading solutions include Forge Markets, a platform that connects investors with private company shareholders and enables them to facilitate private share transactions. Its custody solutions include Forge Trust, a non-depository trust that enables clients to securely have custody and manage assets through an online portal. Its data solutions include Forge Data, which provides market participants with the information and insight to navigate, analyze and make investment decisions in the private market.
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Market Estimates

Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q3
FY2025Q2
FY2025Q1
23.57M
+22.67%
--
--
22.89M
+2.74%
--
--
24.99M
+29.88%
--
--
Estimates Revision
The market is revising Downward the revenue expectations for Forge Global Holdings, Inc. (FRGE) for FY2025, with the revenue forecasts being adjusted by -13.64% over the past three months. During the same period, the stock price has changed by 31.61%.
Revenue Estimates for FY2025
Revise Downward
down Image
-13.64%
In Past 3 Month
Stock Price
Go Up
up Image
+31.61%
In Past 3 Month
5 Analyst Rating
down Image
-82.75% Downside
Wall Street analysts forecast FRGE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FRGE is 2.50 USD with a low forecast of 2.00 USD and a high forecast of 4.00  USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
2 Hold
0 Sell
Moderate Buy
down Image
-82.75% Downside
Current: 14.490
sliders
Low
2.00
Averages
2.50
High
4.00
JMP Securities
Devin Ryan
Buy
Reiterates
$4
2025-04-11
Reason
Citizens JMP lowered the firm's price target on Forge Global to $4 from $5 and keeps an Outperform rating on the shares. The recovery in Financial Services business momentum, like in Investment Banking, which started in 2024 and had been accelerating, is now in jeopardy, the analyst tells investors in a research note. Earnings season matters a lot less than the macro right now, the firm says.
JMP Securities
Devin Ryan
Buy
Maintains
$5 → $4
2025-04-08
Reason
Citizens JMP lowered the firm's price target on Forge Global to $4 from $5 and keeps an Outperform rating on the shares. The recovery in Financial Services business momentum, like in Investment Banking, which started in 2024 and had been accelerating, is now in jeopardy, the analyst tells investors in a research note. Earnings season matters a lot less than the macro right now, the firm says.
JP Morgan
Kenneth Worthington
Hold
to
Sell
Downgrades
n/a
2025-01-07
Reason
JPMorgan analyst Kenneth Worthington downgraded Forge Global to Underweight from Neutral without a price target. The firm made several changes in the brokers, asset managers, and exchanges space, saying alternative asset managers "continue to see compelling secular tailwinds," with retail and wealth as the "most compelling." JPMorgan sees exchanges as "less compelling in positive markets," which results in slower growth than in more asset sensitive financials such as asset managers and some brokers. The firm sees the potential for Trump policies to favor energy exchange businesses, but sees less compelling growth in other asset classes. Brokers is JPMorgan's favorite sector to begin 2025. More resilient short-term rates will support margin lending and other higher-margin businesses and a retail customer base that is making money likely extends a more active trading period for retail investors, the analyst contends.
UBS
Alex Kramm
Hold
to
Strong Buy
Upgrades
$3
2024-09-03
Reason

Valuation Metrics

The current forward P/E ratio for Forge Global Holdings Inc (FRGE.N) is -3.53, compared to its 5-year average forward P/E of -5.63. For a more detailed relative valuation and DCF analysis to assess Forge Global Holdings Inc 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-5.63
Current PE
-3.53
Overvalued PE
0.85
Undervalued PE
-12.12

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-9.49
Current EV/EBITDA
-2.46
Overvalued EV/EBITDA
7.96
Undervalued EV/EBITDA
-26.93

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
6.02
Current PS
1.72
Overvalued PS
17.34
Undervalued PS
-5.30

Financials

Annual
Quarterly
FY2024Q4
YoY :
-2.47%
18.59M
Total Revenue
FY2024Q4
YoY :
-26.77%
-17.83M
Operating Profit
FY2024Q4
YoY :
-39.14%
-15.97M
Net Income after Tax
FY2024Q4
YoY :
-46.67%
-0.08
EPS - Diluted
FY2024Q4
YoY :
+16.63%
-8.15M
Free Cash Flow
FY2024Q4
YoY :
+1.28%
91.24
Gross Profit Margin - %
FY2024Q4
YoY :
-37.60%
-85.88
Net Margin - %

Trading Trends

Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
244.1K
USD
1
3-6
Months
479.8K
USD
12
6-9
Months
757.5K
USD
18
0-12
Months
1.6M
USD
17
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
0.0
Volume
0
6-9
Months
0.0
Volume
0
0-12
Months
3.3K
Volume
2
Bought
0-3
0
0.0
Volume
Months
3-6
0
0.0
Volume
Months
6-9
0
0.0
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months

FRGE News & Events

Events Timeline

2025-04-21 (ET)
2025-04-21
12:01:17
Forge Global rises 27.6%
select
2025-04-21
10:01:17
Forge Global rises 12.7%
select
2025-04-17 (ET)
2025-04-17
08:55:59
Forge Global announces LOI to acquire Accuidity for $10M in cash, 1.15M shares
select
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News

9.5
04-23Benzinga
Enphase Energy Posts Downbeat Results, Joins Watsco And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
9.5
04-23Benzinga
Why Vertiv Holdings Shares Are Trading Higher By 17%; Here Are 20 Stocks Moving Premarket
7.5
04-22Newsfilter
Forge Global and ICE to Bring Greater Transparency to Private Markets with Forge Price™
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FAQ

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What is Forge Global Holdings Inc (FRGE) stock price today?

The current price of FRGE is 14.49 USD — it has decreased -3.34 % in the last trading day.

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