Forge Global (FRGE) Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Forge Global in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.

6 Wall Street analysts have issued 12-month price targets for Forge Global's stock. Their FRGE share price forecasts range from $1.75 to $7.00. On average, they anticipate the company's share price to reach $3.23 in the next twelve months. This suggests a possible upside of 140.7% from the stock's current price.
View analysts price targets for FRGE or view top-rated stocks among Wall Street analysts.

Forge Global's stock was trading at $1.73 on January 1st, 2023. Since then, FRGE stock has decreased by 22.5% and is now trading at $1.34.
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Forge Global saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 1,870,000 shares, a decrease of 11.0% from the March 31st total of 2,100,000 shares. Based on an average daily volume of 272,700 shares, the short-interest ratio is presently 6.9 days. Approximately 1.9% of the shares of the stock are short sold.
View Forge Global's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our FRGE earnings forecast.

Forge Global Holdings, Inc. (NYSE:FRGE) announced its quarterly earnings results on Tuesday, February, 28th. The company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by $0.01. The firm had revenue of $16.82 million for the quarter, compared to the consensus estimate of $17.90 million. Forge Global had a negative net margin of 105.83% and a negative trailing twelve-month return on equity of 27.36%.

Amplify Digital & Online Trading ETF holds 826 shares of FRGE stock, representing 0.33% of its portfolio.

Forge Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRGE."

Forge Global's stock is owned by many different institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (0.51%), Charles Schwab Investment Management Inc. (0.31%), Abacus Wealth Partners LLC (0.26%), State Street Corp (0.21%), Summit Trail Advisors LLC (0.20%) and Bank of America Corp DE (0.06%). Insiders that own company stock include Christoph Hansmeyer, Kelly Rodriques and Kimberley H Vogel.
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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.
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One share of FRGE stock can currently be purchased for approximately $1.34.

Forge Global (NYSE:FRGE) has a market capitalization of $233.21 million and generates $69.38 million in revenue each year. The company earns $-111,860,000.00 in net income (profit) each year or ($0.59) on an earnings per share basis.

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.