Forge Global Holdings, Inc.

NYSE:FRGE Stock Report

Market Cap: US$162.7m

Forge Global Holdings Future Growth

Future criteria checks 2/6

Forge Global Holdings is forecast to grow earnings and revenue by 34.1% and 21.9% per annum respectively. EPS is expected to grow by 36.2% per annum. Return on equity is forecast to be -17% in 3 years.

Key information

34.1%

Earnings growth rate

36.2%

EPS growth rate

Capital Markets earnings growth13.2%
Revenue growth rate21.9%
Future return on equity-17.0%
Analyst coverage

Good

Last updated08 Nov 2024

Recent future growth updates

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

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

Recent updates

Forge Global Holdings, Inc.'s (NYSE:FRGE) Shares Leap 27% Yet They're Still Not Telling The Full Story

Dec 15
Forge Global Holdings, Inc.'s (NYSE:FRGE) Shares Leap 27% Yet They're Still Not Telling The Full Story

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

Earnings and Revenue Growth Forecasts

NYSE:FRGE - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026126-36-6N/A5
12/31/2025110-41-10N/A6
12/31/202481-68-36N/A6
9/30/202480-76-40-39N/A
6/30/202479-76-38-37N/A
3/31/202474-88-37-36N/A
12/31/202370-90-42-41N/A
9/30/202368-91-46-44N/A
6/30/202365-88-55-52N/A
3/31/202365-69-61-56N/A
12/31/202269-112-75-69N/A
9/30/202282-92-67-62N/A
6/30/202294-81-62-55N/A
3/31/2022116-84-23-18N/A
12/31/2021128-18811N/A
9/30/2021118-14710N/A
12/31/202052-10-4-3N/A
12/31/201928-1512N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FRGE is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: FRGE is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: FRGE is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: FRGE's revenue (21.9% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: FRGE's revenue (21.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FRGE is forecast to be unprofitable in 3 years.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 21:46
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

Forge Global Holdings, Inc. is covered by 7 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Devin RyanJMP Securities
Kenneth WorthingtonJ.P. Morgan
Owen LauOppenheimer & Co. Inc.