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Forge Global Holdings, Inc. (FRGE) Stock Forecast & Price Prediction

Live FRGE Stock Price & Analysis

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$0.82

+0.05 (6.69%)

12 Month Price Forecast For FRGE

$0.82
Current Price
$150.29M
Market Cap
6 Ratings
Buy 3
Hold 2
Sell 1
Wall St Analyst Ratings

Distance to FRGE Price Forecasts

+757.6%
To High Target of $7.00
+249.2%
To Median Target of $2.85
+145.0%
To Low Target of $2.00

FRGE Price Momentum

+5.1%
1 Week Change
+10.8%
1 Month Change
-53.7%
1 Year Change
-11.8%
Year-to-Date Change
-77.1%
From 52W High of $3.56
+16.6%
From 52W Low of $0.70

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 11, 2025 10:33 PM UTC

FRGE Analyst Ratings & Price Targets

Based on our analysis of 6 Wall Street analysts, FRGE has a neutral consensus with a median price target of $2.85 (ranging from $2.00 to $7.00). Currently trading at $0.82, the median forecast implies a 249.2% upside. This outlook is supported by 3 Buy, 2 Hold, and 1 Sell ratings.

The most optimistic forecast comes from Devin Ryan at JMP Securities, projecting a 757.6% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

FRGE Analyst Consensus

3
Buy
2
Hold
1
Sell

FRGE Price Target Range

Low
$2.00
Average
$2.85
High
$7.00
Current: $0.82

Latest FRGE Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for FRGE.

Date Firm Analyst Rating Change Price Target
Jan 7, 2025 JP Morgan Kenneth Worthington Underweight Downgrade $0.00
Sep 3, 2024 UBS Alex Kramm Buy Upgrade $3.00
Apr 9, 2024 JMP Securities Devin Ryan Market Outperform Reiterates $7.00
Mar 28, 2024 JMP Securities Devin Ryan Market Outperform Reiterates $7.00
Mar 27, 2024 Oppenheimer Owen Lau Outperform Maintains $3.50
Aug 9, 2023 Oppenheimer Owen Lau Outperform Maintains $3.50
Jul 10, 2023 JMP Securities Devin Ryan Market Outperform Reiterates $7.00
May 10, 2023 JMP Securities Devin Ryan Market Outperform Reiterates $7.00
Apr 10, 2023 JMP Securities Devin Ryan Market Outperform Maintains $7.00
Mar 13, 2023 JMP Securities Devin Ryan Market Outperform Reiterates $8.00
Mar 1, 2023 Oppenheimer Owen Lau Outperform Maintains $2.40
Jan 10, 2023 JMP Securities Devin Ryan Market Outperform Maintains $8.00
Nov 30, 2022 UBS Alex Kramm Neutral Initiates $1.75
Nov 22, 2022 Piper Sandler Richard Repetto Neutral Initiates $1.75
Aug 26, 2022 JMP Securities Devin Ryan Market Outperform Initiates $10.00
Aug 26, 2022 William Blair Robert Napoli Market Perform Maintains $0.00

Stocks Similar to Forge Global Holdings, Inc.

The following stocks are similar to Forge Global based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Forge Global Holdings, Inc. (FRGE) Financial Data

Forge Global Holdings, Inc. has a market capitalization of $150.29M with a P/E ratio of 36.3x. The company generates $79.80M in trailing twelve-month revenue with a -95.8% profit margin.

Revenue growth is +3.5% quarter-over-quarter, while maintaining an operating margin of -108.8% and return on equity of -29.8%.

Valuation Metrics

Market Cap $150.29M
Enterprise Value $47.07M
P/E Ratio 36.3x
PEG Ratio -3.7x
Price/Sales 1.9x

Growth & Margins

Revenue Growth (YoY) +3.5%
Gross Margin N/A
Operating Margin -108.8%
Net Margin -95.8%
EPS Growth +4.0%

Financial Health

Cash/Price Ratio +76.6%
Current Ratio 5.4x
Debt/Equity 3.3x
ROE -29.8%
ROA -18.2%

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Forge Global Holdings, Inc. logo

Forge Global Holdings, Inc. (FRGE) Company Overview

About Forge Global Holdings, Inc.

What They Do

Provides financial services for private share transactions.

Business Model

The company generates revenue through its financial services platform, which includes trading solutions that connect investors with private company stockholders, enabling private share transactions. Additionally, it offers custody solutions for secure asset management and data solutions that provide insights for investment decisions in the private market.

Additional Information

Founded in 2014 and headquartered in San Francisco, California, the company positions itself as a key player in the private market financial services sector, catering to both investors and private company stakeholders.

Company Information

Sector

Financial Services

Industry

Capital Markets

Employees

307

CEO

Mr. Kelly A. Rodriques

Country

United States

IPO Year

2022

Forge Global Holdings, Inc. (FRGE) Latest News & Analysis

FRGE stock latest news image
Quick Summary

Dragos Inc. has partnered with Yokogawa Electric Corporation to enhance cybersecurity in operational technology environments amid rising digital transformation needs in industrial sectors.

Why It Matters

The partnership enhances Dragos's market position in cybersecurity for OT, potentially boosting revenues and attracting investment in a growing sector focused on industrial digital security.

Source: Business Wire
Market Sentiment: Neutral
FRGE stock latest news image
Quick Summary

Forge Global Holdings, Inc. appointed James Nevin as CFO, effective January 20, 2025, succeeding Mark Lee, who will transition to Chief of Strategy.

Why It Matters

The appointment of a new CFO from a prestigious background may signal strategic shifts and potential growth for Forge, impacting investor confidence and stock performance.

Source: Business Wire
Market Sentiment: Neutral
FRGE stock latest news image
Quick Summary

Forge Global Holdings, Inc. (NYSE: FRGE) has been notified by the NYSE of non-compliance with Rule 802.01C due to its stock trading below the $1.00 average price requirement.

Why It Matters

Forge Global Holdings is at risk of delisting from the NYSE due to its stock trading below the $1.00 minimum average price, which could significantly impact its market perception and liquidity.

Source: Business Wire
Market Sentiment: Neutral
FRGE stock latest news image
Quick Summary

Circus SE and Vytal have partnered to introduce a reusable bowl system for the Circus Autonomy One robot, promoting sustainability and aligning with zero waste goals.

Why It Matters

Circus SE's partnership with Vytal enhances its sustainability profile, potentially boosting market appeal and compliance, which can drive growth and attract environmentally conscious investors.

Source: Business Wire
Market Sentiment: Neutral
FRGE stock latest news image
Quick Summary

Forge Global Holdings, Inc. (NYSE:FRGE) will host its Q3 2024 earnings conference call on November 6, 2024, at 4:30 PM ET, featuring key company executives and analysts.

Why It Matters

The Q3 earnings call provides insights into Forge Global's financial performance and future outlook, crucial for assessing the company's stability and growth potential.

Source: Seeking Alpha
Market Sentiment: Neutral
FRGE stock latest news image
Quick Summary

Forge Global Holdings, Inc. (NYSE: FRGE) reported Q3 financial results, highlighting ongoing technology and product innovations to enhance private market access and user experience.

Why It Matters

Forge's Q3 financial results highlight growth in technology and product innovation, signaling potential for increased market share and improved user experience in private securities, influencing investor confidence.

Source: Business Wire
Market Sentiment: Neutral

Frequently Asked Questions About FRGE Stock

What is Forge Global Holdings, Inc.'s (FRGE) stock forecast for 2025?

Based on our analysis of 6 Wall Street analysts, Forge Global Holdings, Inc. (FRGE) has a median price target of $2.85. The highest price target is $7.00 and the lowest is $2.00.

Is FRGE stock a good investment in 2025?

According to current analyst ratings, FRGE has 3 Buy ratings, 2 Hold ratings, and 1 Sell ratings. The stock is currently trading at $0.82. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for FRGE stock?

Wall Street analysts predict FRGE stock could reach $2.85 in the next 12 months. This represents a 249.2% increase from the current price of $0.82. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Forge Global Holdings, Inc.'s business model?

The company generates revenue through its financial services platform, which includes trading solutions that connect investors with private company stockholders, enabling private share transactions. Additionally, it offers custody solutions for secure asset management and data solutions that provide insights for investment decisions in the private market.

What is the highest forecasted price for FRGE Forge Global Holdings, Inc.?

The highest price target for FRGE is $7.00 from Devin Ryan at JMP Securities, which represents a 757.6% increase from the current price of $0.82.

What is the lowest forecasted price for FRGE Forge Global Holdings, Inc.?

The lowest price target for FRGE is $2.00 from at , which represents a 145.0% increase from the current price of $0.82.

What is the overall FRGE consensus from analysts for Forge Global Holdings, Inc.?

The overall analyst consensus for FRGE is neutral. Out of 6 Wall Street analysts, 3 rate it as Buy, 2 as Hold, and 1 as Sell, with a median price target of $2.85.

How accurate are FRGE stock price projections?

Stock price projections, including those for Forge Global Holdings, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.