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


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FRGE Stock Forecast


Forge Global (FRGE) stock forecast, based on 3 Wall Street analysts, predicts a 12-month average price target of $3.00, with a high of $3.00 and a low of $3.00. This represents a 300.00% increase from the last price of $0.75.

High: $3 Avg: $3 Low: $3 Last Closed Price: $0.75

FRGE Stock Rating


Forge Global stock's rating consensus is Buy, based on 3 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (66.67%), 1 Hold (33.33%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 3 1 2 0 Strong Sell Sell Hold Buy Strong Buy

FRGE Forecast vs Benchmarks


TypeNameUpside
StockForge Global300.00%
SectorTechnology Stocks 13.03%

Price Target Trends


1M3M12M
# Anlaysts--1
Avg Price Target--$3.00
Last Closing Price$0.75$0.75$0.75
Upside/Downside--300.00%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25123-17
Dec, 24123--6
Nov, 24123--6
Oct, 24124--7
Sep, 24124--7
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 03, 2024Alex KrammUBS$3.00$1.37118.98%300.00%
Nov 30, 2022UBS$1.75$1.3430.60%133.33%
Aug 26, 2022JMP Securities$10.00$3.33200.30%1233.33%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Sep 03, 2024UBSNeutralBuyupgrade
Nov 30, 2022UBSNeutralinitialise
Aug 26, 2022William BlairMarket PerformMarket Performhold
Aug 26, 2022JMP SecuritiesMarket Outperforminitialise

Financial Forecast


EPS Forecast

Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-0.78$-0.52---
Avg Forecast$-0.75$-0.48$-0.37$-0.22$-0.14
High Forecast$-0.90$-0.49$-0.38$-0.26$-0.18
Low Forecast$-0.67$-0.47$-0.36$-0.18$-0.12
Surprise %4.00%8.33%---

Revenue Forecast

$60M $76M $92M $108M $124M $140M Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$68.90M$69.82M---
Avg Forecast$70.13M$70.08M$81.07M$110.43M$137.30M
High Forecast$64.71M$67.46M$79.79M$100.01M$137.18M
Low Forecast$81.31M$72.13M$83.22M$119.79M$137.42M
Surprise %-1.76%-0.37%---

Net Income Forecast

$-200M $-160M $-120M $-80M $-40M $0 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-111.91M$-90.22M---
Avg Forecast$-129.94M$-83.01M$-64.02M$-40.62M$-25.76M
High Forecast$-156.85M$-84.77M$-65.75M$-44.28M$-30.39M
Low Forecast$-116.89M$-81.24M$-62.29M$-30.54M$-21.14M
Surprise %-13.88%8.69%---

FRGE Forecast FAQ


Is Forge Global stock a buy?

Forge Global stock has a consensus rating of Buy, based on 3 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Forge Global is a favorable investment for most analysts.

What is Forge Global's price target?

Forge Global's price target, set by 3 Wall Street analysts, averages $3 over the next 12 months. The price target range spans from $3 at the low end to $3 at the high end, suggesting a potential 300.00% change from the previous close price of $0.75.

How does Forge Global stock forecast compare to the average forecast of its sector, industry, and investment themes?

Forge Global stock forecast shows a 300.00% upside, outperforming the average forecast for the technology stocks sector (13.03%).

What is the breakdown of analyst ratings for Forge Global over the past three months?

  • January 2025: 14.29% Strong Buy, 28.57% Buy, 42.86% Hold, 0% Sell, 14.29% Strong Sell.
  • December 2024: 16.67% Strong Buy, 33.33% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 16.67% Strong Buy, 33.33% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.

What is Forge Global’s EPS forecast?

Forge Global's average annual EPS forecast for its fiscal year ending in December is -0.37 for 2024, a -28.85% decrease from the reported $-0.52 in 2023. The prediction for 2025 is $-0.22, and $-0.14 for 2026.

What is Forge Global’s revenue forecast?

Forge Global's average annual revenue forecast for its fiscal year ending in December is $81.07M for 2024, a 16.11% increase from the reported $69.82M in 2023. The forecast for 2025 is $110.43M, and $137.3M for 2026.

What is Forge Global’s net income forecast?

For its fiscal year ending in December, Forge Global's average annual net income forecast is $-64.022M for 2024, reflecting a -29.04% decrease from the reported $-90.221M in 2023. The projection for 2025 is $-40.62M, and $-25.762M for 2026.