Forge Global (FRGE) Stock Price, News & Analysis

Company Overview

Forge Global, Inc. operates a marketplace and financial technology platform for transactions in private-company securities. Its platform connects eligible investors with shareholders seeking liquidity in shares of venture-backed and other privately held businesses. Forge focuses on the secondary market, where existing shareholders can sell shares and investors can gain exposure to companies before they become publicly traded.

The company provides services for individual and institutional investors, private companies, employees, and other shareholders. Its offerings include private-market transaction execution, market data and research, and tools intended to support portfolio management and shareholder liquidity programs. Forge also works with private companies seeking greater visibility into their ownership base and more structured ways to facilitate secondary transactions.

Forge Global is headquartered in San Francisco and serves participants in private markets across the United States and select international markets, subject to applicable securities laws and investor eligibility requirements. The company traces its history to the private-share trading platform Equidate and expanded its business through the acquisition of SharesPost in 2020. Forge became a publicly traded company in 2022 through a business combination with Motive Capital Corp. I.

Key Stats

• Today's Range: $45.00 to $45.00
• 50-Day Range: $45.00 to $45.00
• 52-Week Range: $6.60 to $45.03
• Volume: N/A
• Average Volume: 265,085 shs
• Market Capitalization: $623.03 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $45.00
• Consensus Rating: Reduce

Forge Global Stock Analysis - MarketRank™

Forge Global scored higher than 3% of companies evaluated by MarketBeat, and ranked 847th out of 851 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Forge Global has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no strong buy ratings, no buy ratings, 4 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for Forge Global is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Forge Global has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Forge Global are expected to grow in the coming year, from ($0.37) to ($0.25) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Forge Global is -8.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Forge Global is -8.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Forge Global has a P/B Ratio of 2.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FRGE.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Forge Global does not currently pay a dividend.

Dividend Growth

Forge Global does not have a long track record of dividend growth.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

MarketBeat Follows

4 people have added Forge Global to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.6 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Forge Global insiders have not sold or bought any company stock.

Percentage Held by Insiders

4.50% of the stock of Forge Global is held by insiders.

Percentage Held by Institutions

40.67% of the stock of Forge Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/30/2025
• Today: 9/13/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Financial Services
• Sub-Industry: N/A
• Current Symbol: NYSE:FRGE
• CIK: 1827821
• Web: forgeglobal.com
• Phone: 415-881-1612
• Fax: N/A
• Employees: 3
• Year Founded: 2014

Price Target and Rating

• Average Price Target for Forge Global: $45.00
• High Price Target: $45.00
• Low Price Target: $45.00
• Potential Upside/Downside: 0.0%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): ($5.20)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$66.33 million
• Net Margins: -71.87%
• Pretax Margin: -67.41%
• Return on Equity: -29.06%
• Return on Assets: -24.63%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.55
• Quick Ratio: 2.55

Sales & Book Value

• Annual Sales: $92.88 million
• Price / Sales: 6.71
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $18.37 per share
• Price / Book: 2.45

Miscellaneous

• Outstanding Shares: 13,845,000
• Free Float: 13,222,000
• Market Cap: $623.03 million
• Optionable: No Data
• Beta: 2.18