Forge Global (FRGE) Stock Forecast, Price Target & Predictions
FRGE Stock Forecast
Forge Global stock forecast is as follows: an average price target of $6.50 (represents a 465.22% upside from FRGE’s last price of $1.15) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
FRGE Price Target
FRGE Analyst Ratings
Forge Global Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Sep 03, 2024 | Alex Kramm | UBS | $3.00 | $1.37 | 118.98% | 160.87% |
Nov 30, 2022 | - | UBS | $1.75 | $1.33 | 31.09% | 52.17% |
Aug 26, 2022 | - | JMP Securities | $10.00 | $3.33 | 200.30% | 769.57% |
Forge Global Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 1 |
Avg Price Target | - | $3.00 | $3.00 |
Last Closing Price | $1.15 | $1.15 | $1.15 |
Upside/Downside | -100.00% | 160.87% | 160.87% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 03, 2024 | UBS | Neutral | Buy | Upgrade |
Nov 30, 2022 | UBS | - | Neutral | Initialise |
Aug 26, 2022 | William Blair | Market Perform | Market Perform | Hold |
Aug 26, 2022 | JMP Securities | - | Market Outperform | Initialise |
Forge Global Financial Forecast
Forge Global Revenue Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | $19.06M | $18.56M | $16.64M | $15.46M | $16.73M | $15.81M | $16.46M |
Avg Forecast | $39.47M | $34.47M | $30.96M | $27.29M | $25.19M | $22.22M | $20.54M | $19.18M | $19.59M | $17.98M | $16.80M | $17.13M | $17.95M | $16.60M | $16.48M |
High Forecast | $39.47M | $34.47M | $30.96M | $27.29M | $25.19M | $22.48M | $20.54M | $19.18M | $21.73M | $17.98M | $16.80M | $17.13M | $17.95M | $16.60M | $16.48M |
Low Forecast | $39.47M | $34.47M | $30.96M | $27.29M | $25.19M | $21.73M | $20.54M | $19.18M | $16.64M | $17.98M | $16.80M | $17.13M | $17.95M | $16.60M | $16.48M |
# Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 |
Surprise % | - | - | - | - | - | - | - | - | 0.97% | 1.03% | 0.99% | 0.90% | 0.93% | 0.95% | 1.00% |
Forge Global EBITDA Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 |
EBITDA | - | - | - | - | - | - | - | - | $-22.17M | $-13.50M | $-16.28M | $-20.50M | $-26.55M | $-63.72M | $-42.30M |
Avg Forecast | $-20.17M | $-17.61M | $-15.81M | $-13.94M | $-12.87M | $-11.35M | $-10.49M | $-9.80M | $-10.01M | $-9.19M | $-8.58M | $-8.75M | $-9.17M | $-8.48M | $-8.42M |
High Forecast | $-20.17M | $-17.61M | $-15.81M | $-13.94M | $-12.87M | $-11.10M | $-10.49M | $-9.80M | $-8.50M | $-9.19M | $-8.58M | $-8.75M | $-9.17M | $-8.48M | $-8.42M |
Low Forecast | $-20.17M | $-17.61M | $-15.81M | $-13.94M | $-12.87M | $-11.48M | $-10.49M | $-9.80M | $-11.10M | $-9.19M | $-8.58M | $-8.75M | $-9.17M | $-8.48M | $-8.42M |
Surprise % | - | - | - | - | - | - | - | - | 2.22% | 1.47% | 1.90% | 2.34% | 2.90% | 7.51% | 5.02% |
Forge Global Net Income Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 |
Net Income | - | - | - | - | - | - | - | - | $-25.80M | $-18.35M | $-24.89M | $-21.26M | $-26.16M | $-16.20M | $-5.12M |
Avg Forecast | $-5.41M | $-8.52M | $-9.83M | $-12.57M | $-12.96M | $-15.88M | $-20.67M | $-20.97M | $-19.11M | $-18.76M | $-20.35M | $-25.94M | $-26.65M | $-25.58M | $-21.01M |
High Forecast | $-5.41M | $-8.52M | $-9.83M | $-12.57M | $-12.96M | $-14.11M | $-20.67M | $-20.97M | $-15.29M | $-18.76M | $-20.35M | $-25.94M | $-26.65M | $-25.58M | $-21.01M |
Low Forecast | $-5.41M | $-8.52M | $-9.83M | $-12.57M | $-12.96M | $-17.64M | $-20.67M | $-20.97M | $-21.02M | $-18.76M | $-20.35M | $-25.94M | $-26.65M | $-25.58M | $-21.01M |
Surprise % | - | - | - | - | - | - | - | - | 1.35% | 0.98% | 1.22% | 0.82% | 0.98% | 0.63% | 0.24% |
Forge Global SG&A Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 |
SG&A | - | - | - | - | - | - | - | - | $15.27M | $13.15M | $37.44M | $36.64M | $43.15M | $56.00M | $39.80M |
Avg Forecast | $55.57M | $48.53M | $43.58M | $38.42M | $35.47M | $31.28M | $28.91M | $27.01M | $27.58M | $25.31M | $23.65M | $24.12M | $25.27M | $23.38M | $23.20M |
High Forecast | $55.57M | $48.53M | $43.58M | $38.42M | $35.47M | $31.65M | $28.91M | $27.01M | $30.60M | $25.31M | $23.65M | $24.12M | $25.27M | $23.38M | $23.20M |
Low Forecast | $55.57M | $48.53M | $43.58M | $38.42M | $35.47M | $30.59M | $28.91M | $27.01M | $23.43M | $25.31M | $23.65M | $24.12M | $25.27M | $23.38M | $23.20M |
Surprise % | - | - | - | - | - | - | - | - | 0.55% | 0.52% | 1.58% | 1.52% | 1.71% | 2.40% | 1.72% |
Forge Global EPS Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 |
EPS | - | - | - | - | - | - | - | - | $-0.15 | $-0.11 | $-0.14 | $-0.12 | $-0.15 | $-0.10 | $-0.03 |
Avg Forecast | $-0.03 | $-0.05 | $-0.05 | $-0.07 | $-0.07 | $-0.09 | $-0.11 | $-0.11 | $-0.10 | $-0.10 | $-0.11 | $-0.14 | $-0.15 | $-0.14 | $-0.12 |
High Forecast | $-0.03 | $-0.05 | $-0.05 | $-0.07 | $-0.07 | $-0.08 | $-0.11 | $-0.11 | $-0.08 | $-0.10 | $-0.11 | $-0.14 | $-0.15 | $-0.14 | $-0.12 |
Low Forecast | $-0.03 | $-0.05 | $-0.05 | $-0.07 | $-0.07 | $-0.10 | $-0.11 | $-0.11 | $-0.12 | $-0.10 | $-0.11 | $-0.14 | $-0.15 | $-0.14 | $-0.12 |
Surprise % | - | - | - | - | - | - | - | - | 1.43% | 1.07% | 1.26% | 0.85% | 1.03% | 0.68% | 0.27% |
Forge Global Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
EXFY | Expensify | $1.84 | $13.75 | 647.28% | Buy |
FRGE | Forge Global | $1.15 | $6.50 | 465.22% | Buy |
LAW | CS Disco | $5.95 | $24.14 | 305.71% | Hold |
ONTF | ON24 | $5.94 | $18.00 | 203.03% | - |
AMPL | Amplitude | $9.28 | $15.80 | 70.26% | Hold |
VTEX | VTEX | $6.86 | $10.13 | 47.67% | Buy |
ENV | Envestnet | $62.79 | $67.86 | 8.07% | Hold |
CWAN | Clearwater Analytics | $26.31 | $26.33 | 0.08% | 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 465.22% from its last price of $1.15. 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 465.22% (from the last price of $1.15 to the average price target of $6.5), up by 769.57% based on the highest stock price target, and up by 160.87% 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 2024) are as follows: average revenue is $87.13M (high $87.39M, low $86.64M), average EBITDA is $-44.513M (high $-44.264M, low $-44.648M), average net income is $-70.477M (high $-68.713M, low $-72.241M), average SG&A $122.67M (high $123.04M, low $121.99M), and average EPS is $-0.386 (high $-0.376, low $-0.395). FRGE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $132.18M (high $132.18M, low $132.18M), average EBITDA is $-67.53M (high $-67.53M, low $-67.53M), average net income is $-36.335M (high $-36.335M, low $-36.335M), average SG&A $186.1M (high $186.1M, low $186.1M), and average EPS is $-0.199 (high $-0.199, low $-0.199).
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 $-36.527M by 108.14%. The company's net income was $-90.221M, beating the average estimation of $-84.161M by 7.20%. Apple's SG&A was $56.54M, missing the average forecast of $100.66M by -43.83%. 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 $-10.007M by 121.54%. Forge Global's net income was $-25.796M, beating the average estimation of $-19.107M by 35.01%. The company's SG&A was $15.27M, missing the average forecast of $27.58M by -44.62%. Lastly, the company's EPS was $-0.15, beating the average prediction of $-0.105 by 43.42%