Forge Global (FRGE) Stock Price, News & Analysis

Company Overview

Forge Global Holdings, Inc. operates a private-market platform that facilitates transactions in shares of privately held companies. Its marketplace connects eligible shareholders and investors seeking liquidity or access to private-company investments, supporting the buying and selling of privately issued securities.

The company provides services across the private-market transaction lifecycle, including marketplace technology, transaction execution, data and insights, and related custody and settlement capabilities. Forge works with private companies, employees and other shareholders, institutional investors, family offices, and wealth managers.

Forge was founded in 2014 as Equidate and later adopted the Forge name. In 2022, it became a publicly traded company through a business combination with Motive Capital Corp. The company is headquartered in San Francisco and primarily serves participants in the U.S. private markets, with its platform also supporting international investors and companies where permitted by applicable regulations.

Key Stats

• Today's Range: $45.00 to $45.00
• 50-Day Range: $45.00 to $45.00
• 52-Week Range: $6.60 to $45.03
• Volume: N/A
• Average Volume: 265,085 shs
• Market Capitalization: $623.03 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $45.00
• Consensus Rating: Reduce

Forge Global Stock Analysis - MarketRank™

Forge Global scored higher than 7% of companies evaluated by MarketBeat, and ranked 809th out of 836 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Forge Global has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no strong buy ratings, no buy ratings, 4 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for Forge Global is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Forge Global has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Forge Global are expected to grow in the coming year, from ($0.37) to ($0.25) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Forge Global is -8.65, 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. Sector

The P/E ratio of Forge Global is -8.65, 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 Ratio

Forge Global has a P/B Ratio of 2.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FRGE.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Forge Global does not currently pay a dividend.

Dividend Growth

Forge Global does not have a long track record of dividend growth.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.64

News Sentiment

Forge Global has a news sentiment score of 0.64. 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 news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Forge Global this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.6 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Forge Global insiders have not sold or bought any company stock.

Percentage Held by Insiders

4.50% of the stock of Forge Global is held by insiders.

Percentage Held by Institutions

40.67% of the stock of Forge Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/30/2025
• Today: 10/09/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Financial Services
• Sub-Industry: N/A
• Current Symbol: NYSE:FRGE
• CIK: 1827821
• Web: forgeglobal.com
• Phone: 415-881-1612
• Fax: N/A
• Employees: 3
• Year Founded: 2014

Price Target and Rating

• Average Price Target for Forge Global: $45.00
• High Price Target: $45.00
• Low Price Target: $45.00
• Potential Upside/Downside: 0.0%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): ($5.20)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$66.33 million
• Net Margins: -71.87%
• Pretax Margin: -67.41%
• Return on Equity: -29.06%
• Return on Assets: -24.63%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.55
• Quick Ratio: 2.55

Sales & Book Value

• Annual Sales: $92.88 million
• Price / Sales: 6.71
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $18.37 per share
• Price / Book: 2.45

Miscellaneous

• Outstanding Shares: 13,845,000
• Free Float: 13,222,000
• Market Cap: $623.03 million
• Optionable: No Data
• Beta: 2.18