This company has been acquired
ForgeRock Future Growth
Future criteria checks 1/6
ForgeRock is forecasted to grow earnings and revenue by 62.7% and 18.8% per annum respectively. EPS is expected to grow by 49.7%. Return on equity is forecast to be 0.06% in 3 years.
Key information
62.7%
Earnings growth rate
49.7%
EPS growth rate
| Software earnings growth | 18.3% |
| Revenue growth rate | 18.8% |
| Future return on equity | 0.06% |
| Analyst coverage | Good |
| Last updated | 23 Aug 2023 |
Recent future growth updates
Recent updates
ForgeRock falls as shareholders approve sale to Thoma Bravo
Jan 12ForgeRock falls after DOJ request for more information on Thoma Bravo deal
Dec 22ForgeRock jumps after disclosing another potential bidder in filing
Dec 08Thoma Bravo acquires ForgeRock for $23.25 per share in cash
Oct 11ForgeRock Faces Revenue Growth And Foreign Exchange Headwinds
Sep 02ForgeRock announces strategic partnership with Secret Double Octopus
Aug 22ForgeRock stock slides on guidance cut
Aug 12Is ForgeRock, Inc. (NYSE:FORG) Trading At A 33% Discount?
Jun 19
A First Look At ForgeRock
Jun 09ForgeRock: Cash Burn Makes This Investment Not Worth It
Mar 25ForgeRock: After A 50% Drop, It's Now Trading At Fair Value
Dec 09ForgeRock IPO Day With CEO Fran Rosch - Managing Digital Identity (Video)
Sep 20Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2025 | 369 | -11 | 16 | 17 | 3 |
| 12/31/2024 | 316 | -46 | 4 | 4 | 6 |
| 12/31/2023 | 259 | -76 | -35 | -35 | 9 |
| 6/30/2023 | 243 | -82 | -40 | -39 | N/A |
| 3/31/2023 | 233 | -75 | -46 | -45 | N/A |
| 12/31/2022 | 218 | -66 | -47 | -45 | N/A |
| 9/30/2022 | 202 | -62 | -39 | -36 | N/A |
| 6/30/2022 | 188 | -66 | -34 | -32 | N/A |
| 3/31/2022 | 184 | -54 | -36 | -34 | N/A |
| 12/31/2021 | 177 | -48 | -38 | -37 | N/A |
| 9/30/2021 | 169 | -33 | -37 | -36 | N/A |
| 6/30/2021 | 157 | -26 | -40 | -40 | N/A |
| 3/31/2021 | 141 | -34 | -28 | -27 | N/A |
| 12/31/2020 | 128 | -42 | -30 | -30 | N/A |
| 12/31/2019 | 104 | -37 | -49 | -47 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FORG is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: FORG is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: FORG is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: FORG's revenue (18.8% per year) is forecast to grow faster than the US market (7.7% per year).
High Growth Revenue: FORG's revenue (18.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FORG's Return on Equity is forecast to be low in 3 years time (0.1%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/08/24 07:32 |
| End of Day Share Price | 2023/08/22 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ForgeRock, Inc. is covered by 11 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gray Powell | BTIG |
| Thomas Walkley | Canaccord Genuity |
| Patrick Edwin Colville | Deutsche Bank |