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Forge Global (FRGE) Stock Forecast, Price Target & Predictions

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FRGE Stock Forecast

Forge Global stock forecast is as follows: an average price target of $6.50 (represents a 485.59% upside from FRGE’s last price of $1.11) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

FRGE Price Target

The average price target for Forge Global (FRGE) is $6.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $3.00. This represents a potential 485.59% upside from FRGE's last price of $1.11.

FRGE Analyst Ratings

Buy

According to 3 Wall Street analysts, Forge Global's rating consensus is 'Buy'. The analyst rating breakdown for FRGE stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Forge Global Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 03, 2024Alex KrammUBS--118.98%170.27%
Nov 30, 2022UBS--31.09%57.66%
Aug 26, 2022JMP Securities--200.30%800.90%
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The latest Forge Global stock forecast, released on Sep 03, 2024 by Alex Kramm from UBS, set a price target of $3.00, which represents a 118.98% increase from the stock price at the time of the forecast ($1.37), and a 170.27% increase from FRGE last price ($1.11).

Forge Global Price Target by Period

1M3M12M
# Anlaysts-11
Avg Price Target-$3.00$3.00
Last Closing Price$1.11$1.11$1.11
Upside/Downside-100.00%170.27%170.27%

In the current month, the average price target of Forge Global stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Forge Global's last price of $1.11. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Sep 03, 2024UBSNeutralBuyUpgrade
Nov 30, 2022UBSNeutralInitialise
Aug 26, 2022William BlairMarket PerformMarket PerformHold
Aug 26, 2022JMP SecuritiesMarket OutperformInitialise
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Forge Global's last stock rating was published by UBS on Sep 03, 2024. The company Upgrade its FRGE rating from "Neutral" to "Buy".

Forge Global Financial Forecast

Forge Global Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
Revenue------------$19.06M$18.56M$16.64M$15.46M$16.73M$15.81M$16.46M
Avg Forecast$35.46M$31.76M$31.33M$28.21M$35.51M$30.11M$26.26M$23.44M$20.68M$22.22M$20.54M$19.18M$19.59M$17.98M$16.80M$17.13M$17.95M$16.60M$16.48M
High Forecast$39.62M$35.48M$35.00M$31.52M$39.67M$33.64M$29.34M$25.76M$22.90M$22.24M$20.54M$19.18M$21.73M$17.98M$18.76M$19.14M$20.05M$16.60M$16.48M
Low Forecast$32.49M$29.10M$28.70M$25.84M$32.53M$27.58M$24.06M$20.93M$19.50M$22.19M$20.54M$19.18M$16.64M$17.98M$15.39M$15.70M$16.44M$16.60M$16.48M
# Analysts1111111354445444333
Surprise %------------0.97%1.03%0.99%0.90%0.93%0.95%1.00%

Forge Global's average Quarter revenue forecast for Mar 24 based on 4 analysts is $19.18M, with a low forecast of $19.18M, and a high forecast of $19.18M. FRGE's average Quarter revenue forecast represents a 0.66% increase compared to the company's last Quarter revenue of $19.06M (Dec 23).

Forge Global EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts1111111354445444333
EBITDA------------$-22.17M$-13.50M$-16.28M$-20.50M$-26.55M$-63.72M$-42.30M
Avg Forecast$-18.59M$-16.65M$-16.43M$-14.79M$-18.62M$-15.79M$-13.77M$-12.29M$-10.84M$-11.65M$-10.77M$-10.06M$-10.27M$-9.43M$-8.81M$-8.98M$-9.41M$-8.48M$-8.42M
High Forecast$-17.03M$-15.26M$-15.05M$-13.55M$-17.06M$-14.46M$-12.61M$-10.97M$-10.22M$-11.64M$-10.77M$-10.06M$-8.73M$-9.43M$-8.07M$-8.23M$-8.62M$-8.48M$-8.42M
Low Forecast$-20.77M$-18.61M$-18.35M$-16.52M$-20.80M$-17.64M$-15.38M$-13.51M$-12.00M$-11.66M$-10.77M$-10.06M$-11.39M$-9.43M$-9.84M$-10.04M$-10.51M$-8.48M$-8.42M
Surprise %------------2.16%1.43%1.85%2.28%2.82%7.51%5.02%

undefined analysts predict FRGE's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Forge Global's previous annual EBITDA (undefined) of $NaN.

Forge Global Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts1111111354445444333
Net Income------------$-25.80M$-18.35M$-24.89M$-21.26M$-26.16M$-16.20M$-5.12M
Avg Forecast$-6.04M$-8.22M$-8.58M$-10.98M$-5.89M$-9.94M$-11.05M$-13.26M$-16.56M$-16.00M$-20.83M$-21.14M$-19.26M$-18.91M$-20.52M$-26.15M$-26.87M$-25.58M$-21.01M
High Forecast$-5.38M$-7.32M$-7.64M$-9.78M$-5.25M$-8.86M$-9.84M$-9.47M$-14.72M$-14.26M$-18.56M$-18.84M$-15.41M$-16.85M$-18.28M$-23.30M$-23.94M$-25.58M$-21.01M
Low Forecast$-6.96M$-9.47M$-9.88M$-12.65M$-6.79M$-11.46M$-12.73M$-15.15M$-18.40M$-18.44M$-24.01M$-24.36M$-21.19M$-21.80M$-23.64M$-30.13M$-30.96M$-25.58M$-21.01M
Surprise %------------1.34%0.97%1.21%0.81%0.97%0.63%0.24%

Forge Global's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. FRGE's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Forge Global SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts1111111354445444333
SG&A------------$15.27M$13.15M$37.44M$36.64M$43.15M$56.00M$39.80M
Avg Forecast$61.14M$54.76M$54.02M$48.63M$61.23M$51.91M$45.27M$40.41M$35.65M$38.30M$35.40M$33.07M$33.77M$31.00M$28.96M$29.54M$30.94M$23.38M$23.20M
High Forecast$68.30M$61.18M$60.35M$54.33M$68.40M$57.99M$50.58M$44.41M$39.47M$38.34M$35.40M$33.07M$37.47M$31.00M$32.35M$33.00M$34.57M$23.38M$23.20M
Low Forecast$56.01M$50.17M$49.49M$44.55M$56.09M$47.55M$41.47M$36.08M$33.61M$38.26M$35.40M$33.07M$28.69M$31.00M$26.53M$27.06M$28.35M$23.38M$23.20M
Surprise %------------0.45%0.42%1.29%1.24%1.39%2.40%1.72%

Forge Global's average Quarter SG&A projection for Mar 24 is $33.07M, based on 4 Wall Street analysts, with a range of $33.07M to $33.07M. The forecast indicates a 116.53% rise compared to FRGE last annual SG&A of $15.27M (Dec 23).

Forge Global EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22
# Analysts1111111354445444333
EPS------------$-0.15$-0.11$-0.14$-0.12$-0.15$-0.10$-0.03
Avg Forecast$-0.03$-0.04$-0.05$-0.06$-0.03$-0.05$-0.06$-0.07$-0.09$-0.09$-0.11$-0.11$-0.10$-0.10$-0.11$-0.14$-0.15$-0.14$-0.12
High Forecast$-0.03$-0.04$-0.04$-0.05$-0.03$-0.05$-0.05$-0.05$-0.08$-0.08$-0.10$-0.10$-0.08$-0.09$-0.10$-0.13$-0.13$-0.14$-0.12
Low Forecast$-0.04$-0.05$-0.05$-0.07$-0.04$-0.06$-0.07$-0.08$-0.10$-0.10$-0.13$-0.13$-0.12$-0.12$-0.13$-0.16$-0.17$-0.14$-0.12
Surprise %------------1.43%1.07%1.26%0.85%1.03%0.68%0.27%

According to undefined Wall Street analysts, Forge Global's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to FRGE previous annual EPS of $NaN (undefined).

Forge Global Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FRGEForge Global--485.59%Buy
LAWCS Disco--316.93%Hold
EXFYExpensify--304.41%Buy
ONTFON24--179.94%
VTEXVTEX--56.81%Buy
AMPLAmplitude--47.11%Hold
ENVEnvestnet--7.48%Hold
CWANClearwater Analytics---10.77%Buy

FRGE Forecast FAQ

Is Forge Global a good buy?

Yes, according to 3 Wall Street analysts, Forge Global (FRGE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of FRGE's total ratings.

What is FRGE's price target?

Forge Global (FRGE) average price target is $6.5 with a range of $3 to $10, implying a 485.59% from its last price of $1.11. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Forge Global stock go up soon?

According to Wall Street analysts' prediction for FRGE stock, the company can go up by 485.59% (from the last price of $1.11 to the average price target of $6.5), up by 800.90% based on the highest stock price target, and up by 170.27% based on the lowest stock price target.

Can Forge Global stock reach $2?

FRGE's average twelve months analyst stock price target of $6.5 supports the claim that Forge Global can reach $2 in the near future.

What are Forge Global's analysts' financial forecasts?

Forge Global's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $115.32M (high $128.41M, low $105.1M), average EBITDA is $-60.466M (high $-55.105M, low $-67.326M), average net income is $-40.147M (high $-33.425M, low $-46.136M), average SG&A $198.82M (high $221.37M, low $181.19M), and average EPS is $-0.218 (high $-0.182, low $-0.251). FRGE's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $126.77M (high $141.62M, low $116.13M), average EBITDA is $-66.469M (high $-60.891M, low $-74.256M), average net income is $-33.812M (high $-30.123M, low $-38.961M), average SG&A $218.55M (high $244.16M, low $200.21M), and average EPS is $-0.184 (high $-0.164, low $-0.212).

Did the FRGE's actual financial results beat the analysts' financial forecasts?

Based on Forge Global's last annual report (Dec 2023), the company's revenue was $69.82M, which missed the average analysts forecast of $71.5M by -2.35%. Apple's EBITDA was $-76.027M, beating the average prediction of $-37.488M by 102.80%. The company's net income was $-90.221M, beating the average estimation of $-84.842M by 6.34%. Apple's SG&A was $56.54M, missing the average forecast of $123.26M by -54.13%. Lastly, the company's EPS was $-0.52, beating the average prediction of $-0.461 by 12.87%. In terms of the last quarterly report (Dec 2023), Forge Global's revenue was $19.06M, missing the average analysts' forecast of $19.59M by -2.70%. The company's EBITDA was $-22.17M, beating the average prediction of $-10.27M by 115.86%. Forge Global's net income was $-25.796M, beating the average estimation of $-19.261M by 33.93%. The company's SG&A was $15.27M, missing the average forecast of $33.77M by -54.77%. Lastly, the company's EPS was $-0.15, beating the average prediction of $-0.105 by 43.42%