NYSE:FRGE

Forge Global (FRGE) Stock Price, News & Analysis

$1.79
-0.15 (-7.73%)
(As of 05/8/2024 ET)
Today's Range
$1.78
$1.99
50-Day Range
$1.69
$2.68
52-Week Range
$1.10
$4.02
Volume
534,173 shs
Average Volume
730,132 shs
Market Capitalization
$322.93 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.33

Forge Global MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
142.1% Upside
$4.33 Price Target
Short Interest
Bearish
4.18% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.33mentions of Forge Global in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$204,929 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.41) to ($0.31) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.16 out of 5 stars

Finance Sector

633rd out of 874 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

8th out of 10 stocks

FRGE stock logo

About Forge Global Stock (NYSE:FRGE)

Forge Global Holdings, Inc. operates a financial services platform in California. The company's platform solutions include trading solutions, a platform that connects investors with private company stockholders and enables them to facilitate private share transactions; and custody solutions, a non-depository trust company that enables clients to securely custody and manage assets through an online portal. It also provides data solutions, such as information and insight to navigate, analyze, and make investment decisions to market participants in the private market. The company was founded in 2014 and is headquartered in San Francisco, California.

FRGE Stock Price History

FRGE Stock News Headlines

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A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Forge Global (FRGE) Set to Announce Earnings on Tuesday
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Q4 2023 Forge Global Holdings Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
3/26/2024
Today
5/08/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security & commodity brokers, dealers, exchanges & services
Sub-Industry
N/A
Fax
N/A
Employees
345
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.33
High Stock Price Target
$7.00
Low Stock Price Target
$2.50
Potential Upside/Downside
+142.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-90,220,000.00
Net Margins
-129.22%
Pretax Margin
-130.75%

Debt

Sales & Book Value

Annual Sales
$69.82 million
Book Value
$1.53 per share

Miscellaneous

Free Float
160,096,000
Market Cap
$322.93 million
Optionable
Optionable
Beta
2.54
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Key Executives

  • Mr. Kelly A. RodriquesMr. Kelly A. Rodriques (Age 58)
    CEO & Director
    Comp: $9.53M
  • Mr. Mark P. Lee (Age 64)
    Chief Financial Officer
    Comp: $3.74M
  • Mr. Johnathan H. Short (Age 58)
    Chief Legal Officer
    Comp: $441.72k
  • Mr. Drew Sievers (Age 57)
    Chief Operating Officer
  • Ms. Catherine M. Dondzila (Age 61)
    Chief Accounting Officer
  • Ms. Vidya Eashwer
    Chief Technology Officer
  • Mr. Dominic Paschel
    Senior Vice President of Finance & Investor Relations
  • Frank Lennox
    Senior VP & Head of Compliance
  • Ms. Lindsay Riddell
    Senior VP & Head of Global Communications
  • Ms. Megan Hanley
    Chief Marketing Officer

FRGE Stock Analysis - Frequently Asked Questions

Should I buy or sell Forge Global stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Forge Global in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FRGE shares.
View FRGE analyst ratings
or view top-rated stocks.

What is Forge Global's stock price target for 2024?

2 analysts have issued 12-month target prices for Forge Global's shares. Their FRGE share price targets range from $2.50 to $7.00. On average, they expect the company's stock price to reach $4.33 in the next year. This suggests a possible upside of 142.1% from the stock's current price.
View analysts price targets for FRGE
or view top-rated stocks among Wall Street analysts.

How have FRGE shares performed in 2024?

Forge Global's stock was trading at $3.43 on January 1st, 2024. Since then, FRGE stock has decreased by 47.8% and is now trading at $1.79.
View the best growth stocks for 2024 here
.

Are investors shorting Forge Global?

Forge Global saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 4,350,000 shares, an increase of 7.9% from the March 31st total of 4,030,000 shares. Based on an average daily volume of 803,100 shares, the short-interest ratio is currently 5.4 days. Approximately 4.2% of the shares of the company are sold short.
View Forge Global's Short Interest
.

When is Forge Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our FRGE earnings forecast
.

How were Forge Global's earnings last quarter?

Forge Global Holdings, Inc. (NYSE:FRGE) announced its quarterly earnings data on Tuesday, March, 26th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.10) by $0.03. The firm earned $19.06 million during the quarter, compared to analyst estimates of $20.01 million. Forge Global had a negative trailing twelve-month return on equity of 29.03% and a negative net margin of 129.22%.

Who are Forge Global's major shareholders?

Forge Global's stock is owned by a variety of institutional and retail investors. Top institutional investors include US Bancorp DE (2.26%), Summit Trail Advisors LLC (0.16%), SG Americas Securities LLC (0.01%), Miracle Mile Advisors LLC (0.01%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Christoph Hansmeyer, Kelly Rodriques and Kimberley H Vogel.
View institutional ownership trends
.

How do I buy shares of Forge Global?

Shares of FRGE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FRGE) was last updated on 5/9/2024 by MarketBeat.com Staff

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