FRGE Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

25.90M

+39.33%

-0.814

-32.13%

30.00M

+18.6%

-0.697

-45.99%

31.90M

+15%

-0.610

-54.48%

Estimates Revision

The market is revising Upward the revenue expectations for Forge Global Holdings, Inc. (FRGE) for FY2025, with the revenue forecasts being adjusted by 0.14% over the past three months. During the same period, the stock price has changed by 181.77%.

Revenue Estimates for FY2025

Revise Upward

+0.14%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-6.2%

In Past 3 Month

Stock Price

Go Up

+181.77%

In Past 3 Month

3 Analyst Rating

Wall Street analysts forecast FRGE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FRGE is 50.00 USD with a low forecast of 45.00 USD and a high forecast of 60.00 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.

1 Buy

2 Hold

0 Sell

Moderate Buy

Current: 44.350

Low

45.00

Averages

50.00

High

60.00

Current: 44.350

Low

45.00

Averages

50.00

High

60.00

Citizens

Outperform -> Market Perform

downgrade

$45

2025-12-12

New

Reason

Citizens

Price Target

$45

2025-12-12

New

downgrade

Outperform -> Market Perform

Reason

Citizens downgraded Forge Global to Market Perform from Outperform without a price target citing the company's agreement to sell to Charles Schwab for $45 per share. The firm believes the acquisition, set to close in the first half of 2026, represents a "win-win."

UBS

Buy -> Neutral

downgrade

$34 -> $45

2025-11-11

Reason

UBS

Price Target

$34 -> $45

2025-11-11

downgrade

Buy -> Neutral

Reason

UBS downgraded Forge Global (FRGE) to Neutral from Buy with a price target of $45, up from $34, after the company entered into an agreement to be acquired by the Charles Schwab (SCHW) for $45 per common share. The firm believes Forge will trade on deal dynamics, rather than fundamentals.

Piper Sandler

Patrick Moley

Overweight -> Neutral

downgrade

$30 -> $45

2025-11-06

Reason

Piper Sandler

Patrick Moley

Price Target

$30 -> $45

2025-11-06

downgrade

Overweight -> Neutral

Reason

Piper Sandler analyst Patrick Moley downgraded Forge Global (FRGE) to Neutral from Overweight with a price target of $45, up from $30, after Charles Schwab (SCHW) agreed to acquire Forge for $45 per share in cash.

Piper Sandler

Overweight -> Neutral

downgrade

$30 -> $45

2025-11-06

Reason

Piper Sandler

Price Target

$30 -> $45

2025-11-06

downgrade

Overweight -> Neutral

Reason

Piper Sandler downgraded Forge Global (FRGE) to Neutral from Overweight with a price target of $45, up from $30, after Charles Schwab (SCHW) agreed to acquire Forge for $45 per share in cash.

Citizens JMP

Outperform

maintain

$60

2025-10-28

Reason

Citizens JMP

Price Target

$60

2025-10-28

maintain

Outperform

Reason

Citizens JMP reiterates an Outperform rating on Forge Global with a $60 price target after the company confirmed it is engaged in sale discussions upon receiving interest from multiple parties. The stock closed Monday up 12% to $18.55. Forge "represents a highly attractive acquisition opportunity for a number of different buyer types," the analyst tells investors in a research note. Citizens has "long suspected" that takeover interest for Forge would exist from public market exchanges given the company's ability to provide access to private companies that create a pipeline for their primary public market business. This would create "substantial strategic synergies" to public exchanges. the firm contends. Citizens also believes large financial institutions seeking more exposure to private companies could view Forge as an attractive platform. The firm does not view Forge as a "desperate seller."

UBS

Buy

upgrade

$30 -> $34

2025-08-06

Reason

UBS

Price Target

$30 -> $34

2025-08-06

upgrade

Buy

Reason

UBS raised the firm's price target on Forge Global to $34 from $30 and keeps a Buy rating on the shares.

Valuation Metrics

The current forward P/E ratio for Forge Global Holdings Inc (FRGE.N) is -14.18, compared to its 5-year average forward P/E of -5.76. For a more detailed relative valuation and DCF analysis to assess Forge Global Holdings Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-5.76

Current PE

-14.18

Overvalued PE

0.44

Undervalued PE

-11.97

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

-12.45

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

10.95

Undervalued EV/EBITDA

-35.86

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

5.60

Current PS

0.00

Overvalued PS

16.26

Undervalued PS

-5.06

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 1576.16% over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders areSelling! The selling amount has increased 1576.16% over the last month.

Sold

Bought

FRGE News & Events

Events Timeline

No data

News

4.0

12-12Benzinga

Veeva Analyst Changes Stance; Check Out the Top 5 Downgrades for Friday

7.0

12-12PRnewswire

Halper Sadeh Investigates Potential Violations at Multiple Companies

8.5

12-11Globenewswire

Diamond Hill to be Acquired by First Eagle for $175 per Share

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Frequently Asked Questions

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

The current price of FRGE is 44.35 USD — it has decreased -0.11 % in the last trading day.

What is Forge Global Holdings Inc (FRGE)'s business?

Forge Global Holdings, Inc. is a provider of marketplace infrastructure, data services and technology solutions for private market participants. The flagship product of its private market platform is the Forge marketplace, which is designed to connect buyers looking to invest in private companies and sellers of company shares and related products. Its private company solutions deliver solutions to private companies for their liquidity and capital formation needs. Its asset management solution enhances investment through a suite of single asset funds that invest in private companies. Its data solutions provide clients with key insights into a traditionally opaque market and drive additional participation in its marketplace and platform generally. It also provides custodial services for self-directed retirement accounts, specializing in the custody of alternative assets to its clients. The Company's core technology infrastructure supports its products and services across all interfaces.

What is the price predicton of FRGE Stock?

What is Forge Global Holdings Inc (FRGE)'s revenue for the last quarter?

Forge Global Holdings Inc revenue for the last quarter amounts to 21.26M USD, increased 10.64 % YoY.

What is Forge Global Holdings Inc (FRGE)'s earnings per share (EPS) for the last quarter?

Forge Global Holdings Inc. EPS for the last quarter amounts to -1.37 USD, decreased -8.05 % YoY.

What changes have occurred in the market's expectations for Forge Global Holdings Inc (FRGE)'s fundamentals?

How many employees does Forge Global Holdings Inc (FRGE). have?

Forge Global Holdings Inc (FRGE) has 300 emplpoyees as of December 16 2025.

What is Forge Global Holdings Inc (FRGE) market cap?

Today FRGE has the market capitalization of 610.11M USD.