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NYSE:FRGE

Forge Global (FRGE) Stock Price, News & Analysis

$1.58
+0.05 (+3.27%)
(As of 07/26/2024 ET)
Today's Range
$1.53
$1.58
50-Day Range
$1.34
$1.90
52-Week Range
$1.31
$4.02
Volume
216,688 shs
Average Volume
623,948 shs
Market Capitalization
$286.04 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
174.3% Upside
$4.33 Price Target
Short Interest
Bearish
4.62% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.43mentions of Forge Global in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$917,721 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.42) to ($0.34) 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.

1.73 out of 5 stars

Finance Sector

701st out of 898 stocks

Security & Commodity Brokers, Dealers, Exchanges & Services Industry

9th 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

Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security & commodity brokers, dealers, exchanges & services
Sub-Industry
Trading
Fax
N/A
Employees
3
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
+174.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-90,220,000.00
Net Margins
-119.12%
Pretax Margin
-120.18%

Debt

Sales & Book Value

Annual Sales
$69.82 million
Book Value
$1.53 per share

Miscellaneous

Free Float
163,226,000
Market Cap
$286.03 million
Optionable
Optionable
Beta
2.39
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Key Executives

  • Mr. Kelly A. RodriquesMr. Kelly A. Rodriques (Age 58)
    CEO & Director
    Comp: $1.42M
  • Mr. Mark P. Lee (Age 64)
    Chief Financial Officer
    Comp: $714.37k
  • Ms. Jennifer L. Phillips (Age 42)
    Chief Revenue & Growth Officer
    Comp: $924.88k
  • 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
  • Mr. Johnathan H. Short (Age 58)
    Chief Legal Officer
    Comp: $441.72k
  • Frank Lennox
    Senior VP & Head of Compliance
  • Ms. Lindsay Riddell
    Senior VP & Head of Global Communications

FRGE Stock Analysis - Frequently Asked Questions

How have FRGE shares performed this year?

Forge Global's stock was trading at $3.43 at the start of the year. Since then, FRGE shares have decreased by 53.9% and is now trading at $1.58.
View the best growth stocks for 2024 here
.

How were Forge Global's earnings last quarter?

Forge Global Holdings, Inc. (NYSE:FRGE) posted its earnings results on Tuesday, May, 7th. The company reported ($0.10) EPS for the quarter, topping analysts' consensus estimates of ($0.12) by $0.02. The firm had revenue of $19.24 million for the quarter, compared to the consensus estimate of $19.88 million. Forge Global had a negative trailing twelve-month return on equity of 29.55% and a negative net margin of 119.12%.

Who are Forge Global's major shareholders?

Forge Global's top institutional investors include Bank of New York Mellon Corp (0.21%) and Miracle Mile Advisors LLC (0.02%). Insiders that own company stock include Kelly Rodriques, Kimberley H Vogel and Christoph Hansmeyer.
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 7/27/2024 by MarketBeat.com Staff

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