NYSE:FRGE Forge Global (FRGE) Stock Forecast, Price & News $2.03 +0.02 (+1.00%) (As of 10:14 AM ET) Add Compare Share Share Today's Range$2.02▼$2.0850-Day Range$1.99▼$2.9652-Week Range$1.10▼$3.08Volume20,813 shsAverage Volume471,540 shsMarket Capitalization$353.81 millionP/E RatioN/ADividend YieldN/APrice Target$3.69 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Forge Global MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside83.5% Upside$3.69 Price TargetShort InterestHealthy3.59% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.39Based on 2 Articles This WeekInsider TradingSelling Shares$115,400 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.46) to ($0.30) Per ShareSee 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.1.98 out of 5 starsFinance Sector648th out of 856 stocksSecurity & Commodity Brokers, Dealers, Exchanges & Services Industry7th out of 9 stocks 3.2 Analyst's Opinion Consensus RatingForge Global has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.69, Forge Global has a forecasted upside of 83.5% from its current price of $2.01.Amount of Analyst CoverageForge Global has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.59% of the float of Forge Global has been sold short.Short Interest Ratio / Days to CoverForge Global has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Forge Global has recently decreased by 8.92%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldForge Global does not currently pay a dividend.Dividend GrowthForge Global 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 FRGE. Previous Next 1.3 News and Social Media Coverage News SentimentForge Global has a news sentiment score of 0.39. 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 0.72 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Forge Global this week, compared to 4 articles on an average week.MarketBeat FollowsOnly 2 people have added Forge Global to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Forge Global insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $115,400.00 in company stock.Percentage Held by Insiders11.26% of the stock of Forge Global is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 36.28% of the stock of Forge Global is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Forge Global are expected to grow in the coming year, from ($0.46) to ($0.30) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Forge Global is -3.79, 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 Forge Global is -3.79, 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 RatioForge Global has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Forge Global (NYSE:FRGE) StockForge Global Holdings, Inc. operates a financial services platform in California. The company offers trading solution, a platform that connects investors with private company shareholders and enables them to efficiently facilitate private share transactions; and custody solution, which enables clients to securely custody and manage assets. It also provides data solutions that analyzes and makes investment decisions in the private market. Forge Global Holdings, Inc. founded in 2014 and is based in San Francisco, California.Read More FRGE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FRGE Stock News HeadlinesSeptember 20, 2023 | msn.comISU, Chinese university forge cooperationSeptember 18, 2023 | forbes.comA Rising Venture Capitalist’s Global OutlookSeptember 22, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 15, 2023 | msn.comChina welcomes Cambodian and Zambian leaders as it forges deeper ties with Global SouthSeptember 13, 2023 | finance.yahoo.comAniview and NEW ID Forge a Partnership to Revolutionize Free Ad-Supported TV ChannelsSeptember 13, 2023 | finance.yahoo.comUST and mistEO Forge Strategic Partnership to Revolutionize Climate Risk Management in the Insurance and Banking SectorsSeptember 13, 2023 | finance.yahoo.comOptions and valantic FSA Forge Strategic Partnership to Revolutionise Global Infrastructure and Cloud SolutionsSeptember 13, 2023 | finance.yahoo.comMeta X Project and Jingyuanbao Forge Global Partnership, Aims to Redefine Cryptocurrency LandscapeSeptember 22, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!September 12, 2023 | theglobeandmail.comSNC-Lavalin changes name to AtkinsRéalis as engineering giant looks to forge new identitySeptember 12, 2023 | marketwatch.comIndia and Vietnam are latest evidence of a pragmatic Biden willing to forge ties with imperfect partnersSeptember 9, 2023 | finance.yahoo.comFavourable Signals For Forge Global Holdings: Numerous Insiders Acquired StockAugust 31, 2023 | msn.comForge Global Holdings Inc - (FRGE) Price Target Increased by 24.03% to 4.08August 31, 2023 | finance.yahoo.comForge Global Holdings, private securities marketplace, expands downtown San Francisco headquartersAugust 23, 2023 | businesswire.comRubicon Carbon, Freepoint Commodities, and Imperative Global Forge Strategic Relationship to Scale High-Quality Carbon ProjectsAugust 23, 2023 | technews.tmcnet.comWIN SOURCE and Supplyframe Forge Strategic Asia Partnership at 2023 Electronica ChinaAugust 23, 2023 | msn.comCan Bharat Forge achieve in next 2 years what it did in last 5 years? Amit Kalyani explainsAugust 23, 2023 | msn.comDeveloping and BRICS economies have opportunity to forge new pathsAugust 22, 2023 | tmcnet.comPyramid Analytics and Smollan forge international partnershipAugust 22, 2023 | msn.comBharat Forge, KNR Constructions: Here's what Devarsh Vakil of HDFC Securities says on these 2 stocksAugust 21, 2023 | msn.comBharat Forge Arm Kalyani Strategic Systems Secures Order Worth EURO 93.97 MillionAugust 20, 2023 | msn.comTata Power, Bharat Forge, Max Financial, KPR Mills: How should you trade these buzzing stocksAugust 18, 2023 | yahoo.comColombia, Jamaica and Panamá Forge Alliance to Combat Plastic PollutionAugust 17, 2023 | msn.comCrayola to paint the town of Pigeon ForgeAugust 16, 2023 | finance.yahoo.comKroger (KR) & 80 Acres Farms Forge Deeper Ties to Expand ReachAugust 15, 2023 | msn.comNew Crayola attraction coming to Pigeon Forge in 2024August 9, 2023 | msn.comOppenheimer Maintains Forge Global Holdings Inc - (FRGE) Outperform RecommendationSee More Headlines Receive FRGE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Forge Global and its competitors with MarketBeat's FREE daily newsletter. Email Address FRGE Company Calendar Last Earnings8/08/2023Today9/22/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Security & commodity brokers, dealers, exchanges & services Sub-IndustryN/A SectorFinance Current SymbolNYSE:FRGE CUSIPN/A CIK1827821 Webforgeglobal.com Phone415-881-1612FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$3.69 High Stock Price Forecast$7.00 Low Stock Price Forecast$1.75 Forecasted Upside/Downside+81.7%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.53) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-111,860,000.00 Net Margins-136.16% Pretax Margin-135.67% Return on Equity-26.89% Return on Assets-24.42% Debt Debt-to-Equity RatioN/A Current Ratio10.03 Quick Ratio10.03 Sales & Book Value Annual Sales$69.38 million Price / Sales5.10 Cash FlowN/A Price / Cash FlowN/A Book Value$1.89 per share Price / Book1.07Miscellaneous Outstanding Shares174,290,000Free Float154,665,000Market Cap$353.81 million OptionableNot Optionable Beta2.74 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Kelly A. Rodriques (Age 57)CEO & Director Comp: $9.53MMr. Mark P. Lee (Age 63)Chief Financial Officer Comp: $3.74MMr. Johnathan H. Short (Age 57)Chief Legal Officer Comp: $441.72kMs. Catherine M. Dondzila (Age 60)Chief Accounting Officer Ms. Vidya EashwerChief Technology OfficerMr. Dominic PaschelSr. VP of Fin. & Investor RelationsFrank LennoxSr. VP & Head of ComplianceMs. Lindsay RiddellSr. VP & Head of Global CommunicationsMs. Megan HanleyChief Marketing OfficerMs. Victoria HughesChief People OfficerMore ExecutivesKey CompetitorsTOP Financial GroupNASDAQ:TOPBrookfield ReinsuranceNYSE:BNREFlushing FinancialNASDAQ:FFICVelocity FinancialNYSE:VELEsquire FinancialNASDAQ:ESQView All CompetitorsInsiders & InstitutionsBarclays PLCBought 33,876 shares on 9/21/2023Ownership: 0.019%Kelly RodriquesSold 30,000 sharesTotal: $67,800.00 ($2.26/share)Kelly RodriquesSold 20,000 sharesTotal: $47,600.00 ($2.38/share)California State Teachers Retirement SystemBought 36,554 shares on 8/21/2023Ownership: 0.021%Nuveen Asset Management LLCBought 412,806 shares on 8/16/2023Ownership: 0.237%View All Insider TransactionsView All Institutional Transactions FRGE Stock - Frequently Asked Questions Should I buy or sell Forge Global stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Forge Global in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FRGE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FRGE, but not buy additional shares or sell existing shares. View FRGE analyst ratings or view top-rated stocks. What is Forge Global's stock price forecast for 2023? 5 equities research analysts have issued twelve-month target prices for Forge Global's stock. Their FRGE share price forecasts range from $1.75 to $7.00. On average, they predict the company's share price to reach $3.69 in the next year. This suggests a possible upside of 81.7% 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 2023? Forge Global's stock was trading at $1.73 at the beginning of 2023. Since then, FRGE shares have increased by 17.3% and is now trading at $2.03. View the best growth stocks for 2023 here. Are investors shorting Forge Global? Forge Global saw a decrease in short interest in August. As of August 15th, there was short interest totaling 3,700,000 shares, a decrease of 6.1% from the July 31st total of 3,940,000 shares. Based on an average daily trading volume, of 812,900 shares, the days-to-cover ratio is presently 4.6 days. Approximately 3.9% of the shares of the company are short sold. 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 Wednesday, November 8th 2023. View our FRGE earnings forecast. How were Forge Global's earnings last quarter? Forge Global Holdings, Inc. (NYSE:FRGE) posted its earnings results on Tuesday, August, 8th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by $0.01. The business had revenue of $16.72 million for the quarter, compared to analyst estimates of $16.38 million. Forge Global had a negative net margin of 136.16% and a negative trailing twelve-month return on equity of 26.89%. What is Forge Global's stock symbol? Forge Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRGE." Who are Forge Global's major shareholders? Forge Global's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.29%), Wells Fargo & Company MN (1.47%), Geode Capital Management LLC (1.15%), State Street Corp (1.05%), Northern Trust Corp (0.50%) and Charles Schwab Investment Management Inc. (0.46%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Forge Global's stock price today? One share of FRGE stock can currently be purchased for approximately $2.03. How much money does Forge Global make? Forge Global (NYSE:FRGE) has a market capitalization of $353.81 million and generates $69.38 million in revenue each year. The company earns $-111,860,000.00 in net income (profit) each year or ($0.53) on an earnings per share basis. How can I contact Forge Global? Forge Global's mailing address is 250 GREENWICH STREET, NEW YORK NY, 10007. The official website for the company is forgeglobal.com. The company can be reached via phone at 415-881-1612 or via email at ir@forgeglobal.com. 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