Forge Global Holdings, Inc. (FRGE)
NYSE: FRGE · Real-Time Price · USD
1.115
+0.005 (0.45%)
Nov 25, 2024, 1:27 PM EST - Market open
Forge Global Holdings Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for FRGE stock have an average target of 4.50, with a low estimate of 3.00 and a high estimate of 7.00. The average target predicts an increase of 303.59% from the current stock price of 1.12.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 3, 2024.
Analyst Ratings
The average analyst rating for FRGE stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold → Strong Buy Upgrades $3 | Hold → Strong Buy | Upgrades | $3 | +169.06% | Sep 3, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $7 | Buy | Reiterates | $7 | +527.80% | Apr 9, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $7 | Buy | Reiterates | $7 | +527.80% | Mar 28, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $3.5 | Buy | Maintains | $3.5 | +213.90% | Mar 27, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $2.4 → $3.5 | Buy | Maintains | $2.4 → $3.5 | +213.90% | Aug 9, 2023 |
Financial Forecast
Revenue This Year
83.21M
from 69.82M
Increased by 19.18%
Revenue Next Year
116.17M
from 83.21M
Increased by 39.61%
EPS This Year
-0.38
from -0.52
EPS Next Year
-0.22
from -0.38
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 88.2M | 153.9M | 140.7M |
| Avg | 83.2M | 116.2M | 126.7M |
| Low | 78.7M | 94.1M | 111.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.3% | 85.0% | 21.1% |
| Avg | 19.2% | 39.6% | 9.1% |
| Low | 12.7% | 13.1% | -4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.38 | -0.08 | -0.18 |
| Avg | -0.38 | -0.22 | -0.17 |
| Low | -0.38 | -0.28 | -0.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.