Forge Global Holdings
FRGE

$1.25

2.34%

Market Cap: $229M

About: Forge Global Holdings Inc is a financial service platform created to serve the needs of the private market. It provides marketplace infrastructure, data services, and technology solutions for private market participants. The Company offers a trusted trading platform, proprietary data and insights to inform investment strategies, along with custody services to help companies, shareholders, institutions and accredited investors confidently navigate and transact in the private market.

Employees: 345

Financials Security & Commodity Brokers, Dealers, Exchanges & Services

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

61% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 18

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

0.36% less ownership

Funds ownership: 39.17% [Q1] → 38.8% (-0.36%) [Q2]

6% less funds holding

Funds holding: 83 [Q1] → 78 (-5) [Q2]

24% less capital invested

Capital invested by funds: $136M [Q1] → $103M (-$33.1M) [Q2]

31% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 16

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$3

140%

upside

Avg. target

$3

140%

upside

High target

$3

140%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

UBS

Alex Kramm

80% 1-year accuracy

4 / 5 met price target

140%upside

$3

Buy

Upgraded

3 Sept 2024

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Financial journalist opinion

Forge Global CEO to Participate in a Fireside Chat at the Oppenheimer 27th Annual Technology, Internet & Communications Conference

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced that Kelly Rodriques, Chief Executive Officer, will participate in a fireside chat at Oppenheimer 27th Annual Technology, Internet & Communications Virtual Conference. Details for the event are as follows: Where: Oppenheimer 27th Annual Technology, Internet & Communications Virtual Conference – virtual When: Wednesday, August 14,.

Forge Global CEO to Participate in a Fireside Chat at the Oppenheimer 27th Annual Technology, Internet & Communications Conference

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

Forge Global's rating is upgraded to a Buy, and this is justified by its better-than-expected Q2 results and favorable midterm profitability outlook. FRGE's revenue growth accelerated from +24% YoY in Q1 to +33% YoY in Q2, and its actual second quarter top line translated into a +9% beat. The company anticipates that it can realize EBITDA breakeven in fiscal 2026, and this is supported by its recently announced workforce optimization plan.

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

Forge Global Holdings, Inc. (FRGE) Q2 2024 Earnings Call Transcript

Forge Global Holdings, Inc. (NYSE:FRGE ) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Kelly Rodriques – Chief Executive Officer Mark Lee – Chief Financial Officer Lindsay Riddell – Executive Vice President-Corporate Marketing and Communications Conference Call Participants Owen Lau – Oppenheimer Jeff Schmitt – William Blair Operator Good afternoon. My name is Angela and I will be your conference operator today.

Forge Global Holdings, Inc. (FRGE) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Forge Global Holdings, Inc. (FRGE) Reports Q2 Loss, Tops Revenue Estimates

Forge Global Holdings, Inc. (FRGE) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.12 per share a year ago.

Forge Global Holdings, Inc. (FRGE) Reports Q2 Loss, Tops Revenue Estimates

Forge Global Holdings, Inc. Reports Second Quarter Fiscal Year 2024 Results

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced its financial results for the quarter ended June 30, 2024. “In Q2, we recorded our fifth consecutive quarter of revenue growth – with a 15% increase over Q1, attributable to increased trading activity as the market reawakens,” said Kelly Rodriques, CEO of Forge. “Throughout the downturn, we continued to invest in our Next Generation Plat.

Forge Global Holdings, Inc. Reports Second Quarter Fiscal Year 2024 Results

UPDATED TIME: Forge Global Holdings, Inc. to Report Second Quarter 2024 Financial Results on August 7th, 2024

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge”) (NYSE: FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, announced today that it will advance its Second Quarter Fiscal Year 2024 Financial Results on Wednesday, August 7th, 2024 by 30 minutes. Management will host a conference call and webcast at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time, following the release of its earnings materials, to d.

UPDATED TIME: Forge Global Holdings, Inc. to Report Second Quarter 2024 Financial Results on August 7th, 2024

CNBC Television

Forge Global CEO on first private market index

Forge Global CEO on first private market index.

Forge Global CEO on first private market index

Forge Global CEO to Fireside Chat at the Piper Sandler & Co. Global Exchange & Trading Conference

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced that Kelly Rodriques, Chief Executive Officer, will participate in a fireside chat at the Piper Sandler & Co. Global Exchange & Trading Conference. Details for the event are as follows: Where: Piper Sandler & Co. Global Exchange & Trading Conference, New York, NY. When: Wednesday, June 5th, 2024 Time: 4:00 p.m. Eastern Ti.

Forge Global CEO to Fireside Chat at the Piper Sandler & Co. Global Exchange & Trading Conference

Forge Global CEO to Present at the William Blair 44th Annual Growth Stock Conference

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced that Kelly Rodriques, Chief Executive Officer, will present at the William Blair 44th Annual Growth Stock Conference. Details for the event are as follows: Where: William Blair 44th Annual Growth Stock Conference, Chicago, IL. When: Tuesday, June 4th, 2024 Time: 4:20 p.m. Eastern Time / 3:20 p.m. Central Time / 1:20 p.m. Pacific Time Web.

Forge Global CEO to Present at the William Blair 44th Annual Growth Stock Conference

Forge Global to Attend the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced that Mark Lee, Chief Financial Officer, and Dominic Paschel, SVP Finance and Investor Relations, will participate in the J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference. Details for the event are as follows: Where: J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference, Boston, MA.

Forge Global to Attend the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference

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