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Forge Global Holdings NYSE:FRGE Stock Report

Last Price

US$1.11

Market Cap

US$205.2m

7D

32.6%

1Y

-67.0%

Updated

24 Nov, 2024

Data

Company Financials +

Forge Global Holdings, Inc.

NYSE:FRGE Stock Report

Market Cap: US$205.2m

FRGE Stock Overview

Operates a financial services platform in California. More details

FRGE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Revenue is forecast to grow 21.88% per year

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Significant insider selling over the past 3 months

Shareholders have been diluted in the past year

Volatile share price over the past 3 months compared to the US market


Forge Global Holdings, Inc. Competitors

Cohen

NYSEAM:COHN

US$57.6m

MarketWise

NasdaqGM:MKTW

US$172.0m

B. Riley Financial

NasdaqGM:RILY

US$153.0m

Silvercrest Asset Management Group

NasdaqGM:SAMG

US$255.5m

Price History & Performance

Summary of all time highs, changes and price drops for Forge Global Holdings
Historical stock prices
Current Share PriceUS$1.11
52 Week HighUS$4.02
52 Week LowUS$0.80
Beta2.39
11 Month Change-6.72%
3 Month Change-27.45%
1 Year Change-66.96%
33 Year Change-88.84%
5 Year Changen/a
Change since IPO-89.23%

Recent News & Updates

Analysts Have Just Cut Their Forge Global Holdings, Inc. (NYSE:FRGE) Revenue Estimates By 12%

Nov 12
Analysts Have Just Cut Their Forge Global Holdings, Inc. (NYSE:FRGE) Revenue Estimates By 12%

Recent updates

Analysts Have Just Cut Their Forge Global Holdings, Inc. (NYSE:FRGE) Revenue Estimates By 12%

Nov 12
Analysts Have Just Cut Their Forge Global Holdings, Inc. (NYSE:FRGE) Revenue Estimates By 12%

Analyst Estimates: Here's What Brokers Think Of Forge Global Holdings, Inc. (NYSE:FRGE) After Its Second-Quarter Report

Aug 10
Analyst Estimates: Here's What Brokers Think Of Forge Global Holdings, Inc. (NYSE:FRGE) After Its Second-Quarter Report

Forge Global: Turning Bullish On Results Beat And Positive Outlook (Rating Upgrade)

Aug 08

Analysts Have Lowered Expectations For Forge Global Holdings, Inc. (NYSE:FRGE) After Its Latest Results

Mar 29
Analysts Have Lowered Expectations For Forge Global Holdings, Inc. (NYSE:FRGE) After Its Latest Results

Forge Global Holdings, Inc. (NYSE:FRGE) Looks Just Right With A 42% Price Jump

Mar 27
Forge Global Holdings, Inc. (NYSE:FRGE) Looks Just Right With A 42% Price Jump

Investors Appear Satisfied With Forge Global Holdings, Inc.'s (NYSE:FRGE) Prospects As Shares Rocket 29%

Dec 22
Investors Appear Satisfied With Forge Global Holdings, Inc.'s (NYSE:FRGE) Prospects As Shares Rocket 29%

Forge Global: No Catalysts In Sight

Nov 14

Forge Global: Consider Both Q2 Miss And H2 Outlook

Aug 09

Forge Global Holdings, Inc. (NYSE:FRGE) Just Reported, And Analysts Assigned A US$3.23 Price Target

May 11
Forge Global Holdings, Inc. (NYSE:FRGE) Just Reported, And Analysts Assigned A US$3.23 Price Target

Forge Global Holdings, Inc.'s (NYSE:FRGE) Business Is Yet to Catch Up With Its Share Price

May 08
Forge Global Holdings, Inc.'s (NYSE:FRGE) Business Is Yet to Catch Up With Its Share Price

Analysts Are More Bearish On Forge Global Holdings, Inc. (NYSE:FRGE) Than They Used To Be

Mar 06
Analysts Are More Bearish On Forge Global Holdings, Inc. (NYSE:FRGE) Than They Used To Be

Forge Global Is Building Private Market Infrastructure But Need Critical Mass

Oct 23

Forge Global Holdings: Capitalizing On Start-Ups And Private Equity

Aug 08

Forge Global promotes COO to President

Jul 15

Forge Global: Growth Has Slowed And I'm Bearish

Apr 25

Shareholder Returns

FRGEUS Capital MarketsUS Market
7D32.6%3.0%2.2%
1Y-67.0%57.6%31.6%

Return vs Industry: FRGE underperformed the US Capital Markets industry which returned 57.5% over the past year.

Return vs Market: FRGE underperformed the US Market which returned 31.7% over the past year.

Price Volatility

Is FRGE's price volatile compared to industry and market?
FRGE volatility
FRGE Average Weekly Movement11.4%
Capital Markets Industry Average Movement3.9%
Market Average Movement6.3%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: FRGE's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: FRGE's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2014345Kelly Rodriquesforgeglobal.com

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.

Forge Global Holdings, Inc. Fundamentals Summary

How do Forge Global Holdings's earnings and revenue compare to its market cap?
FRGE fundamental statistics
Market capUS$205.19m
Earnings (TTM)-US$76.49m
Revenue (TTM)US$79.80m

2.6x

P/S Ratio

-2.7x

P/E Ratio

Is FRGE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FRGE income statement (TTM)
RevenueUS$79.80m
Cost of RevenueUS$539.00k
Gross ProfitUS$79.26m
Other ExpensesUS$155.75m
Earnings-US$76.49m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.41
Gross Margin99.32%
Net Profit Margin-95.85%
Debt/Equity Ratio0%

How did FRGE perform over the long term?

See historical performance and comparison