Forge Global (FRGE) Stock Forecast, Price & News

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.

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.
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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.
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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.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our FRGE earnings forecast.

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%.

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

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.
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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 $2.03.

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.

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.