Forge Global Holdings, Inc.

Forge Global Holdings, Inc.

FRGE·NYSE

$45.00

+0.0000%
TechnologySoftware - Application

Forge Global Holdings, Inc. provides marketplace infrastructure, data services, and technology solutions for private market participants. It enables private company shareholders to trade private company shares with accredited investors. The company was founded in 2014 and is based in San Francisco, California.

At a Glance

Live Snapshot
Market Cap$623.01M
EPS-5.4300
P/E Ratio-8.29
Earnings Date03/04/2026
frge

Forge Global Holdings, Inc. Street Expectations Map

FRGE · NYSE

Wall Street analysts project that FRGE stock may see slight declines over the coming 12 months. The consensus 1-year price target stands at 45.00, with estimates ranging from a low of 45.00 to a high of 45.00.

Lowest Target
45.00
0.00%
Consensus Target
45.00
0.00%
Highest Target
45.00
0.00%

The consensus 1-year price target stands at 45.00, with estimates ranging from a low of 45.00 to a high of 45.00.

Analyst Consensus Analysis

Upside Potential

0.0%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Efficient pricing: Stock trading at fair value with strong consensus suggests market has priced in expectations. Look for fundamental inflection points or new catalysts to drive meaningful moves.

frge

Forge Global Holdings, Inc. Forward Estimates of Revenue

FRGE · NYSE
Latest Revenue
79.33M
FY 2024
Avg Estimate
105.82M
FY 2025
Estimate Range
101.58M - 110.05M
Analyst Spread

Forward Growth Analysis

Projected Growth+33.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

frge

Forge Global Holdings, Inc. Forward Estimates of Net Income

FRGE · NYSE
Latest Net Income
-66.33M
FY 2024
Avg Estimate
-50.09M
FY 2025
Estimate Range
-52.11M - -48.08M
Analyst Spread

Forward Growth Analysis

Projected Growth+24.5%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

frge

Forge Global Holdings, Inc. Forward Estimates of EPS

FRGE · NYSE
Latest EPS
-5.43
FY 2024
Avg Estimate
$-4.10
FY 2025
Estimate Range
$-4.27 - $-3.94
Analyst Spread

Forward Growth Analysis

Projected Growth+24.5%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

frge

Forge Global Holdings, Inc. Forward Estimates of EBIT

FRGE · NYSE
Latest EBIT
-82.26M
FY 2024
Avg Estimate
-66.88M
FY 2025
Estimate Range
-69.56M - -64.20M
Analyst Spread

Forward Growth Analysis

Projected Growth+18.7%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

frge

Forge Global Holdings, Inc. Forward Estimates of EBITDA

FRGE · NYSE
Latest EBITDA
-72.95M
FY 2024
Avg Estimate
-62.53M
FY 2025
Estimate Range
-65.03M - -60.03M
Analyst Spread

Forward Growth Analysis

Projected Growth+14.3%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

frge

Forge Global Holdings, Inc. Forward Estimates of SG&A Expense

FRGE · NYSE
Latest SG&A Expense
41.27M
FY 2024
Avg Estimate
95.31M
FY 2025
Estimate Range
91.49M - 99.12M
Analyst Spread

Forward Growth Analysis

Projected Growth+130.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread8%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

frge

Forge Global Holdings, Inc. Insider Positioning

FRGE · NYSE

During the last 12 months, insiders have purchased $44K and sold $223K worth of FRGE shares, resulting in $179K of net selling activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

1.9K

44.17K

Sold

11.0K

223.06K

Net Activity

-179K

-$179K

Top Buyers

1
NJ

Nevin James

Officer: Chief Financial Officer

1.9K shares1 transactions

$44K

Top Sellers

1
RK

Rodriques Kelly

Director, Officer: Chief Executive Officer

11.0K shares2 transactions

$223K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $179K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.20:1

Weak buy/sell ratio. Selling significantly exceeds buying—monitor for potential fundamental concerns.

Insider Participation

Balanced

1 insider buyers and 1 sellers. Equal participation suggests mixed or neutral insider views.