Forge Global Holdings
FRGE
Market cap $179M

0.9667 USD

+0.0088

0.92%

At close Nov 21, 4:00 PM EST

After hours

0.9970

+0.0303

3.13%

1 day

0.92%

5 days

5.08%

1 month

-26.77%

3 months

-29.95%

6 months

-48.03%

Year to date

-71.65%

1 year

-68.61%

5 years

-94.01%

10 years

-94.01%

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 6,754 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

3% more funds holding

Funds holding: 78 [Q2] → 80 (+2) [Q3]

9% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 23

0.12% more ownership

Funds ownership: 38.9% [Q2] → 39.03% (+0.12%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

9% less capital invested

Capital invested by funds: $103M [Q2] → $93.6M (-$9.19M) [Q3]

See Fund Rankings

Research analyst outlook

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

Low target

$3

210%

upside

Avg. target

$3

210%

upside

High target

$3

210%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

UBS

Alex Kramm

82% 1-year accuracy

9 / 11 met price target

210%upside

$3

Buy

Upgraded

3 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 4 articles about FRGE published over the past 30 days

Forge Global Holdings, Inc. (FRGE) Q3 2024 Earnings Call Transcript

Forge Global Holdings, Inc. (NYSE:FRGE ) Q3 2024 Earnings Conference Call November 6, 2024 4:30 PM ET Company Participants Lindsay Riddell - Executive Vice President of Corporate Marketing and Communications Kelly Rodriques - Chief Executive Officer Mark Lee - Chief Financial Officer Dominic Paschel - Senior Vice President of Finance and Investor Relations Conference Call Participants Patrick Moley - Piper Sandler Companies Devin Ryan - Citizens JMP Alex Kramm - UBS Investment Bank Madeline Daleiden - JPMorgan Chase & Co. Operator Good afternoon. My name is John, and I will be your conference operator today.

Forge Global Holdings, Inc. (FRGE) Q3 2024 Earnings Call Transcript

Zacks Investment Research

Forge Global Holdings, Inc. (FRGE) Reports Q3 Loss, Lags Revenue Estimates

Forge Global Holdings, Inc. (FRGE) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.11 per share a year ago.

Forge Global Holdings, Inc. (FRGE) Reports Q3 Loss, Lags Revenue Estimates

Forge Global Holdings, Inc. Reports Third 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 September 30, 2024. “In Q3, we remained focused on technology and product innovations that expand access and improve the experience for all participants in the private market,” said Kelly Rodriques, CEO of Forge. “Our continued investment in the Forge Next Generation Platform allows us to bette.

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

Forge Global Holdings, Inc. to Report Third Quarter 2024 Financial Results on November 6th, 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 report its Third Quarter Fiscal Year 2024 Financial Results on Wednesday, November 6th, 2024. 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 and investor supple.

Forge Global Holdings, Inc. to Report Third Quarter 2024 Financial Results on November 6th, 2024

Forge Global Announces Forge Price, A New Standard for Pricing Pre-IPO Venture-Backed Late-Stage Companies, Now Integrated into Forge Pro and Related Data Products

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private market platform, announced today Forge Price™, a groundbreaking pricing model for pre-IPO venture-backed late-stage companies. This new offering will be integrated into Forge Pro and other related data products, revolutionizing how investors access and interpret private market valuations, benchmarking, and indexing. Forge Price is a derived, indicative price calculated daily f.

Forge Global Announces Forge Price, A New Standard for Pricing Pre-IPO Venture-Backed Late-Stage Companies, Now Integrated into Forge Pro and Related Data Products

Forge Global Names the Private Magnificent 7 – the High-Performing Unicorns Driving the U.S. Innovation Economy

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private market platform, has identified the Private Magnificent 7, which comprises seven of the largest, most resilient, and highest-performing companies in the U.S. innovation economy. Much like their public market counterparts, this diverse group of late-stage, venture-backed companies has demonstrated both superior growth and remarkable resilience throughout the recent market cycle.

Forge Global Names the Private Magnificent 7 – the High-Performing Unicorns Driving the U.S. Innovation Economy

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

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