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 357.75% upside from FRGE’s last price of $1.42) 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 357.75% upside from FRGE's last price of $1.42.
FRGE Analyst Ratings
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
| 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% | 111.27% |
| Nov 30, 2022 | - | UBS | $1.75 | $1.33 | 31.09% | 23.24% |
| Aug 26, 2022 | - | JMP Securities | $10.00 | $3.33 | 200.30% | 604.23% |
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 111.27% increase from FRGE last price ($1.42).
Forge Global Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $3.00 | $3.00 | $3.00 |
| Last Closing Price | $1.42 | $1.42 | $1.42 |
| Upside/Downside | 111.27% | 111.27% | 111.27% |
In the current month, the average price target of Forge Global stock is $3.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 111.27% increase as opposed to Forge Global's last price of $1.42. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
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'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 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 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $19.06M | $18.56M | $16.64M | $15.46M | $16.73M | $15.81M | - |
| Avg Forecast | $39.47M | $34.47M | $30.96M | $27.29M | $25.19M | $22.27M | $20.54M | $19.18M | $19.59M | $17.98M | $16.80M | $17.13M | $17.95M | $16.60M | $16.48M |
| High Forecast | $43.21M | $37.74M | $33.89M | $29.87M | $27.58M | $22.53M | $22.48M | $21.00M | $21.73M | $19.68M | $18.39M | $18.76M | $19.65M | $18.18M | $16.48M |
| Low Forecast | $34.53M | $30.16M | $27.08M | $23.87M | $22.04M | $21.78M | $17.97M | $16.78M | $16.64M | $15.73M | $14.69M | $14.99M | $15.70M | $14.53M | $16.48M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 0.97% | 1.03% | 0.99% | 0.90% | 0.93% | 0.95% | - |
Forge Global's average Quarter revenue forecast for Mar 24 based on 4 analysts is $19.18M, with a low forecast of $16.78M, and a high forecast of $21.00M. 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 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 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $-22.17M | $-13.50M | $-16.28M | $-20.50M | $-26.55M | $-63.72M | - |
| Avg Forecast | $-20.17M | $-17.61M | $-15.81M | $-13.94M | $-12.87M | $-11.38M | $-10.49M | $-9.80M | $-10.01M | $-9.19M | $-8.58M | $-8.75M | $-9.17M | $-8.48M | $-8.42M |
| High Forecast | $-17.64M | $-15.41M | $-13.84M | $-12.20M | $-11.26M | $-11.13M | $-9.18M | $-8.57M | $-8.50M | $-8.04M | $-7.51M | $-7.66M | $-8.02M | $-7.42M | $-8.42M |
| Low Forecast | $-22.08M | $-19.28M | $-17.31M | $-15.26M | $-14.09M | $-11.51M | $-11.49M | $-10.73M | $-11.10M | $-10.06M | $-9.39M | $-9.58M | $-10.04M | $-9.29M | $-8.42M |
| Surprise % | - | - | - | - | - | - | - | - | 2.22% | 1.47% | 1.90% | 2.34% | 2.90% | 7.51% | - |
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 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 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $-25.80M | $-18.35M | $-24.89M | $-21.26M | $-26.16M | $-16.20M | - |
| 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 | $-20.69M |
| High Forecast | $-4.53M | $-7.14M | $-8.23M | $-10.53M | $-10.85M | $-14.11M | $-17.31M | $-17.56M | $-15.29M | $-15.71M | $-17.04M | $-21.72M | $-22.32M | $-21.42M | $-20.69M |
| Low Forecast | $-6.08M | $-9.57M | $-11.04M | $-14.12M | $-14.56M | $-17.64M | $-23.21M | $-23.56M | $-21.02M | $-21.07M | $-22.86M | $-29.14M | $-29.93M | $-28.72M | $-20.69M |
| Surprise % | - | - | - | - | - | - | - | - | 1.35% | 0.98% | 1.22% | 0.82% | 0.98% | 0.63% | - |
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 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 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $15.27M | $13.15M | $37.44M | $36.64M | $43.15M | $56.00M | - |
| Avg Forecast | $55.57M | $48.53M | $43.58M | $38.42M | $35.47M | $31.35M | $28.91M | $27.01M | $27.58M | $25.31M | $23.65M | $24.12M | $25.27M | $23.38M | $23.20M |
| High Forecast | $60.84M | $53.13M | $47.71M | $42.06M | $38.83M | $31.72M | $31.65M | $29.57M | $30.60M | $27.71M | $25.89M | $26.41M | $27.66M | $25.59M | $23.20M |
| Low Forecast | $48.62M | $42.46M | $38.13M | $33.61M | $31.03M | $30.66M | $25.30M | $23.63M | $23.43M | $22.15M | $20.69M | $21.11M | $22.11M | $20.45M | $23.20M |
| Surprise % | - | - | - | - | - | - | - | - | 0.55% | 0.52% | 1.58% | 1.52% | 1.71% | 2.40% | - |
Forge Global's average Quarter SG&A projection for Mar 24 is $27.01M, based on 4 Wall Street analysts, with a range of $23.63M to $29.57M. The forecast indicates a 76.83% rise compared to FRGE last annual SG&A of $15.27M (Dec 23).
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 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 |
| EPS | - | - | - | - | - | - | - | - | $-0.15 | $-0.11 | $-0.14 | $-0.12 | $-0.15 | $-0.10 | - |
| 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 | $-0.02 | $-0.04 | $-0.05 | $-0.06 | $-0.06 | $-0.08 | $-0.09 | $-0.10 | $-0.08 | $-0.09 | $-0.09 | $-0.12 | $-0.12 | $-0.12 | $-0.12 |
| Low Forecast | $-0.03 | $-0.05 | $-0.06 | $-0.08 | $-0.08 | $-0.10 | $-0.13 | $-0.13 | $-0.12 | $-0.12 | $-0.13 | $-0.16 | $-0.16 | $-0.16 | $-0.12 |
| Surprise % | - | - | - | - | - | - | - | - | 1.43% | 1.07% | 1.26% | 0.85% | 1.03% | 0.68% | - |
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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXFY | Expensify | $2.52 | $13.75 | 445.63% | Buy |
| LAW | CS Disco | $5.59 | $26.86 | 380.50% | Hold |
| FRGE | Forge Global | $1.42 | $6.50 | 357.75% | Buy |
| ONTF | ON24 | $6.09 | $18.00 | 195.57% | - |
| AMPL | Amplitude | $8.84 | $15.80 | 78.73% | Hold |
| VTEX | VTEX | $6.84 | $10.13 | 48.10% | Buy |
| ENV | Envestnet | $62.62 | $68.52 | 9.42% | Hold |
| CWAN | Clearwater Analytics | $24.01 | $22.50 | -6.29% | 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 357.75% from its last price of $1.42. 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 357.75% (from the last price of $1.42 to the average price target of $6.5), up by 604.23% based on the highest stock price target, and up by 111.27% 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 is Forge Global's current price target trend?
1 Wall Street analyst forecast a $3 price target for Forge Global (FRGE) this month, up 111.27% from its last price of $1.42. Compared to the last 3 and 12 months, the average price target increased by 111.27% and increased by 111.27%, respectively.
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 $87.18M (high $93.59M, low $78.57M), average EBITDA is $-44.539M (high $-40.14M, low $-47.815M), average net income is $-70.477M (high $-59.832M, low $-78.964M), average SG&A $122.74M (high $131.77M, low $110.62M), and average EPS is $-0.386 (high $-0.328, low $-0.432). FRGE's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $132.18M (high $144.71M, low $115.65M), average EBITDA is $-67.53M (high $-59.081M, low $-73.927M), average net income is $-36.335M (high $-30.426M, low $-40.81M), average SG&A $186.1M (high $203.73M, low $162.82M), and average EPS is $-0.199 (high $-0.167, low $-0.223).
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%