NYSE:FORG ForgeRock (FORG) Stock Forecast, Price & News $23.21 0.00 (0.00%) (As of 08/24/2023) Add Compare Share Share Today's Range$23.21▼$23.2150-Day Range$20.12▼$23.2252-Week Range$14.13▼$23.80VolumeN/AAverage VolumeN/AMarket Capitalization$2.07 billionP/E RatioN/ADividend YieldN/APrice Target$23.20 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media ForgeRock MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside0.0% Downside$23.20 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$2.44 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.0.96 out of 5 starsComputer And Technology Sector568th out of 585 stocksPrepackaged Software Industry194th out of 199 stocks 1.0 Analyst's Opinion Consensus RatingForgeRock has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.20, ForgeRock has a forecasted downside of 0.0% from its current price of $23.21.Amount of Analyst CoverageForgeRock has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for FORG. Previous Next 0.0 Dividend Strength Dividend YieldForgeRock does not currently pay a dividend.Dividend GrowthForgeRock does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FORG. Previous Next 1.3 News and Social Media Coverage News SentimentForgeRock has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for ForgeRock this week, compared to 2 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ForgeRock insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,436,466.00 in company stock.Percentage Held by Insiders31.80% of the stock of ForgeRock is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions46.05% of the stock of ForgeRock is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of ForgeRock is -24.96, 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. SectorThe P/E ratio of ForgeRock is -24.96, 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 RatioForgeRock has a P/B Ratio of 6.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ForgeRock (NYSE:FORG) StockForgeRock, Inc., together with its subsidiaries, operates a digital identity platform to secure, manage, and govern the identities of customers, employees, partners, application programing interfaces (APIs), microservices, devices, and the Internet of things worldwide. The company offers identity management products to automate onboarding/registration and progressive profiling, identity lifecycle and relationship management, identity provisioning and synchronization, user self-service, personalization, delegation, and privacy and consent management. It also provides access management products, such as passwordless, usernameless, and multi-factor authentication; single sign-on; contextual and adaptive risk-based access; fine-grained authorization; API and microservices security; and secure impersonation and data sharing. In addition, the company offers identity governance products, including access requests that allow users to request access to systems or applications through integration with help desk or service ticketing systems; access reviews and certifications; segregation of duties; role and entitlement management; policy management; identity workflows, which enable enterprises to connect their business processes with identity events; and reporting and analytics. Further, it provides autonomous identity products that comprise predictive confidence scores for access; overprovisioned access detection and access revocation recommendations; outlier detection; identity automation recommendations; role mining and recommendations; joiner, mover, and leaver access automation; authentication anomaly detection; and common attack prevention. The company was founded in 2009 and is headquartered in San Francisco, California.Read More FORG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FORG Stock News HeadlinesSeptember 22, 2023 | forbes.comHow To Define And Embed Company Culture In A Way That Drives AdoptionAugust 23, 2023 | reuters.comThoma Bravo closes $2.3 bln deal to take software firm ForgeRock privateSeptember 22, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.August 23, 2023 | bizjournals.comDaily Digest: Sunset tower developers sue city; ForgeRock taken privateAugust 23, 2023 | finance.yahoo.comThoma Bravo closes $2.3 billion deal to take software firm ForgeRock privateAugust 22, 2023 | msn.comForgeRock gains amid report Thoma Bravo deal set to close after DOJ approvesAugust 22, 2023 | bloomberg.comThoma Bravo to Close $2.3 Billion ForgeRock Deal After DOJ NodAugust 21, 2023 | msn.comForgeRock gains amid HSR approval for VMware/BroadcomSeptember 22, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.August 21, 2023 | finance.yahoo.comTraders Bet ForgeRock Deal Likely to Succeed Before DOJ DecisionAugust 17, 2023 | finance.yahoo.comForgeRock Named an Overall Leader in 2023 KuppingerCole Access Management Compass ReportAugust 11, 2023 | bloomberg.comThoma Bravo Extends Closing Date on ForgeRock Deal to Forestall Antitrust ReviewAugust 8, 2023 | msn.comForgeRock/Thoma Bravo timing agreement with DOJ set to expire on Aug. 15 - reportAugust 8, 2023 | washingtonpost.comForgeRock: Q2 Earnings SnapshotAugust 8, 2023 | finance.yahoo.comForgeRock Announces Second Quarter 2023 Financial ResultsAugust 8, 2023 | finance.yahoo.comForgeRock (FORG) Reports Q2 Loss, Lags Revenue EstimatesAugust 7, 2023 | technews.tmcnet.comConsumer IAM Market worth $18.1 billion by 2028 - Exclusive Report by MarketsandMarkets™July 28, 2023 | msn.comForgeRock seesaws amid report Thoma Bravo still engaging with Justice Dept.July 20, 2023 | seekingalpha.comDOJ looking at Microsoft competition in review of ForgeRock/Thoma Bravo (update)July 20, 2023 | msn.comDOJ looking at Microsoft competition in analysis of ForgeRock/Thoma Bravo - reportJuly 20, 2023 | msn.comDOJ looking at Microsoft competition in review of ForgeRock/Thoma Bravo - reportJuly 14, 2023 | msn.comForgeRock gain amid report that DOJ will continue talks over Thoma Bravo dealJuly 14, 2023 | msn.comThoma Bravo, ForgeRock Met DOJ Antitrust OfficialsJuly 14, 2023 | seekingalpha.comForgeRock gains amid report that DOJ will continue talks over Thoma Bravo dealJuly 14, 2023 | news.yahoo.comThoma Bravo, ForgeRock Met With DOJ to Stave Off Antitrust SuitJuly 14, 2023 | fool.comForgeRock (NYSE: FORG)July 11, 2023 | msn.comForgeRock drops amid new report DOJ may sue to block Thoma Bravo dealSee More Headlines Receive FORG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ForgeRock and its competitors with MarketBeat's FREE daily newsletter. Email Address FORG Company Calendar Last Earnings8/07/2023Today9/22/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:FORG CUSIPN/A CIK1543916 Webwww.forgerock.com Phone415-599-1100FaxN/AEmployees923Year FoundedN/APrice Target and Rating Average Stock Price Forecast$23.20 High Stock Price Forecast$23.25 Low Stock Price Forecast$23.00 Forecasted Upside/Downside0.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.93) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-66,270,000.00 Net Margins-33.58% Pretax Margin-32.93% Return on Equity-21.09% Return on Assets-13.70% Debt Debt-to-Equity Ratio0.14 Current Ratio3.61 Quick Ratio3.61 Sales & Book Value Annual Sales$217.51 million Price / Sales9.51 Cash FlowN/A Price / Cash FlowN/A Book Value$3.64 per share Price / Book6.38Miscellaneous Outstanding Shares89,150,000Free Float60,800,000Market Cap$2.07 billion OptionableNot Optionable Beta0.96 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Francis C. Rosch (Age 59)Pres, CEO & Director Comp: $944.31kMr. Juan P. Fernandez (Age 45)CFO & Exec. VP of Global Operations Comp: $673.72kMr. Samuel J. Fleischmann (Age 57)Chief Legal Officer Comp: $525.55kMr. Peter M. Barker (Age 51)Exec. VP & Chief Product Officer Comp: $610.75kMr. Peter K Angstadt Jr. (Age 52)Chief Revenue Officer Comp: $825.27kMs. Eve MalerChief Technology OfficerMr. David BurdenChief Information OfficerMark KangHead of Investor RelationsMr. Atri Chatterjee (Age 61)Chief Marketing Officer Ms. Tschudy SmithChief People OfficerMore ExecutivesKey CompetitorsPagerDutyNYSE:PDAvidXchangeNASDAQ:AVDXEverCommerceNASDAQ:EVCMQ2NYSE:QTWOIntappNASDAQ:INTAView All CompetitorsInsiders & InstitutionsBarclays PLCBought 3,609 shares on 9/21/2023Ownership: 0.049%California State Teachers Retirement SystemBought 2,211 shares on 8/21/2023Ownership: 0.209%Juan P FernandezSold 7,152 sharesTotal: $151,908.48 ($21.24/share)Nuveen Asset Management LLCSold 49,335 shares on 8/16/2023Ownership: 0.103%Gamco Investors INC. ET ALSold 4,300 shares on 8/15/2023Ownership: 0.082%View All Insider TransactionsView All Institutional Transactions FORG Stock - Frequently Asked Questions Should I buy or sell ForgeRock stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ForgeRock in the last twelve months. There are currently 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FORG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FORG, but not buy additional shares or sell existing shares. View FORG analyst ratings or view top-rated stocks. What is ForgeRock's stock price forecast for 2023? 7 equities research analysts have issued twelve-month target prices for ForgeRock's stock. Their FORG share price forecasts range from $23.00 to $23.25. On average, they anticipate the company's share price to reach $23.20 in the next year. This suggests that the stock has a possible downside of 0.0%. View analysts price targets for FORG or view top-rated stocks among Wall Street analysts. How have FORG shares performed in 2023? ForgeRock's stock was trading at $22.77 at the start of the year. Since then, FORG shares have increased by 1.9% and is now trading at $23.21. View the best growth stocks for 2023 here. When is ForgeRock's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our FORG earnings forecast. How were ForgeRock's earnings last quarter? ForgeRock, Inc. (NYSE:FORG) issued its quarterly earnings data on Monday, August, 7th. The company reported ($0.28) EPS for the quarter, missing analysts' consensus estimates of ($0.22) by $0.06. The company had revenue of $58.28 million for the quarter, compared to the consensus estimate of $61.09 million. ForgeRock had a negative net margin of 33.58% and a negative trailing twelve-month return on equity of 21.09%. What ETFs hold ForgeRock's stock? ETFs with the largest weight of ForgeRock (NYSE:FORG) stock in their portfolio include WisdomTree Cybersecurity Fund (WCBR), First Trust Merger Arbitrage ETF (MARB), IQ Merger Arbitrage ETF (MNA), ProShares Merger ETF (MRGR), SPDR Kensho Future Security ETF (FITE), AltShares Merger Arbitrage ETF (ARB) and iShares Cybersecurity and Tech ETF (IHAK).ETFMG Prime Cyber Security ETF (HACK). What guidance has ForgeRock issued on next quarter's earnings? ForgeRock issued an update on its second quarter earnings guidance on Monday, August, 7th. The company provided EPS guidance of ($0.15) for the period, compared to the consensus estimate of ($0.11). The company issued revenue guidance of $58.3, compared to the consensus revenue estimate of $61.17 million. When did ForgeRock IPO? (FORG) raised $248 million in an initial public offering (IPO) on Thursday, September 16th 2021. The company issued 11,000,000 shares at a price of $21.00-$24.00 per share. What is ForgeRock's stock symbol? ForgeRock trades on the New York Stock Exchange (NYSE) under the ticker symbol "FORG." Who are ForgeRock's major shareholders? ForgeRock's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.09%), Alpine Associates Management Inc. (2.14%), Calamos Advisors LLC (1.58%), State Street Corp (1.24%), Alliancebernstein L.P. (1.06%) and Geode Capital Management LLC (0.91%). Insiders that own company stock include Alexander Ott, AS Gravityrock, Francis C Rosch, Juan P Fernandez, Peter K Jr Angstadt, Peter M Barker and Samuel J Fleischmann. View institutional ownership trends. How do I buy shares of ForgeRock? Shares of FORG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is ForgeRock's stock price today? One share of FORG stock can currently be purchased for approximately $23.21. How much money does ForgeRock make? ForgeRock (NYSE:FORG) has a market capitalization of $2.07 billion and generates $217.51 million in revenue each year. The company earns $-66,270,000.00 in net income (profit) each year or ($0.93) on an earnings per share basis. How many employees does ForgeRock have? The company employs 923 workers across the globe. How can I contact ForgeRock? ForgeRock's mailing address is 201 MISSION STREET SUITE 2900, SAN FRANCISCO CA, 94105. The official website for the company is www.forgerock.com. The company can be reached via phone at 415-599-1100 or via email at investors@forgerock.com. 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