This company has been acquired
FORG Stock Overview
ForgeRock, Inc., together with its subsidiaries, operates a digital identity platform to secure, manage, and govern the identities of customers, employees, partners, application programing interfaces (APIs), microservices, devices, and the Internet of things worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Community vs My Fair Value
Create NarrativeSelect a narrative for quick price alerts from the community, or create your own.
ForgeRock, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$23.21 |
| 52 Week High | US$23.80 |
| 52 Week Low | US$14.13 |
| Beta | 0 |
| 1 Month Change | 14.67% |
| 3 Month Change | 16.05% |
| 1 Year Change | 25.87% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -36.41% |
Recent News & 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 20Shareholder Returns
| FORG | US Software | US Market | |
|---|---|---|---|
| 7D | 10.5% | 0.6% | -0.3% |
| 1Y | 25.9% | 14.9% | 8.1% |
Return vs Industry: FORG exceeded the US Software industry which returned 12.1% over the past year.
Return vs Market: FORG exceeded the US Market which returned 4.2% over the past year.
Price Volatility
| FORG volatility | |
|---|---|
| FORG Average Weekly Movement | 3.3% |
| Software Industry Average Movement | 9.4% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 4.2% |
Stable Share Price: FORG has not had significant price volatility in the past 3 months.
Volatility Over Time: FORG's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 923 | Fran Rosch | www.forgerock.com |
ForgeRock, Inc., together with its subsidiaries, operates a digital identity platform to secure, manage, and govern the identities of customers, employees, partners, application programing interfaces (APIs), microservices, devices, and the Internet of things worldwide. The company offers identity management products to automate onboarding/registration and progressive profiling, identity lifecycle and relationship management, identity provisioning and synchronization, user self-service, personalization, delegation, and privacy and consent management. It also provides access management products, such as passwordless, usernameless, and multi-factor authentication; single sign-on; contextual and adaptive risk-based access; fine-grained authorization; API and microservices security; and secure impersonation and data sharing.
ForgeRock, Inc. Fundamentals Summary
| FORG fundamental statistics | |
|---|---|
| Market cap | US$2.07b |
| Earnings (TTM) | -US$81.65m |
| Revenue (TTM) | US$243.17m |
8.5x
P/S Ratio-25.3x
P/E RatioIs FORG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FORG income statement (TTM) | |
|---|---|
| Revenue | US$243.17m |
| Cost of Revenue | US$46.43m |
| Gross Profit | US$196.74m |
| Other Expenses | US$278.39m |
| Earnings | -US$81.65m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.92 |
| Gross Margin | 80.91% |
| Net Profit Margin | -33.58% |
| Debt/Equity Ratio | 13.7% |
How did FORG perform over the long term?
See historical performance and comparisonCompany 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 |
|
|
| 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 |