ForgeRock, Inc. (FORG)

NYSE: FORG · IEX Real-Time Price · USD
21.62
-0.05 (-0.23%)
Nov 25, 2022 1:00 PM EDT - Market closed
-0.23%
Market Cap 1.85B
Revenue (ttm) 201.89M
Net Income (ttm) -62.14M
Shares Out 85.09M
EPS (ttm) -0.96
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 588,044
Open 21.58
Previous Close 21.67
Day's Range 21.56 - 21.76
52-Week Range 11.94 - 29.44
Beta n/a
Analysts Buy
Price Target 22.77 (+5.3%)
Earnings Date Nov 9, 2022

About FORG

ForgeRock, Inc., together with its subsidiaries, operates a digital identity platform to secure, manage, and govern the identities of customers, employees, partners, application programing interfaces (APIs), microservices, devices, and the Internet of things worldwide. It offers identity management products to automate onboarding/registration and progressive profiling, identity lifecycle and relationship management, identity provisioning and synchronization, user self-service, personalization, delegation, and privacy and consent management. The... [Read more]

Industry Software-Infrastructure
IPO Date Sep 16, 2021
CEO Francis C. Rosch
Employees 786
Stock Exchange NYSE
Ticker Symbol FORG
Full Company Profile

Financial Performance

In 2021, ForgeRock's revenue was $176.93 million, an increase of 38.63% compared to the previous year's $127.63 million. Losses were -$47.77 million, 14.3% more than in 2020.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for FORG stock is "Buy." The 12-month stock price forecast is 22.77, which is an increase of 5.32% from the latest price.

Price Target
$22.77
(5.32% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ForgeRock Introduces New Cloud-Native Governance Solution

SAN FRANCISCO--( BUSINESS WIRE )--ForgeRock® (NYSE: FORG), a global digital identity leader, today announced its new ForgeRock Identity Governance solution, a comprehensive cloud-native governance offer...

1 week ago - Business Wire

ForgeRock Ranked 1st in the External Access Management and Application Development Use Cases in the Gartner® Critical...

SAN FRANCISCO--( BUSINESS WIRE )--ForgeRock® (NYSE: FORG), a global digital identity leader, today announced its highest ranking in the 2022 Gartner Critical Capabilities for Access Management for Exter...

1 week ago - Business Wire

ForgeRock (FORG) Reports Q3 Loss, Tops Revenue Estimates

ForgeRock (FORG) delivered earnings and revenue surprises of 93.33% and 14.21%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

ForgeRock Announces Third Quarter 2022 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--ForgeRock (NYSE: FORG), a global leader in digital identity, today announced financial results for its third quarter ended September 30, 2022.

2 weeks ago - Business Wire

ForgeRock Named Leader In Customer Identity And Access Management

SAN FRANCISCO--(BUSINESS WIRE)--ForgeRock named as a Leader in The Forrester Wave: Customer Identity and Access Management by Forrester Research.

2 weeks ago - Business Wire

ForgeRock Named a Leader In 2022 Gartner® Magic Quadrant for Access Management for Third Consecutive Year

SAN FRANCISCO--(BUSINESS WIRE)--ForgeRock named a Leader in the 2022 Gartner Magic Quadrant Leader in Access Management for the third consecutive year.

2 weeks ago - Business Wire

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FORG, USER, CLR

NEW YORK , Nov. 2, 2022 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of...

Other symbols: CLRUSER
3 weeks ago - PRNewsWire

SHAREHOLDER ALERT: Weiss Law Investigates ForgeRock, Inc.

NEW YORK , Oct. 14, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of ForgeRock, Inc. ("ForgeRock" or the "Comp...

1 month ago - PRNewsWire

What Thoma Bravo's latest acquisition reveals about identity management

Thoma Bravo's acquisition of ForgeRock points to a larger trend of identity management across enterprise security teams.

1 month ago - VentureBeat

Why ForgeRock Stock Is Up 42% This Week

An ambitious private equity group added the company to a growing list of identity-focused cybersecurity buyouts.

1 month ago - The Motley Fool

Scott+Scott Attorneys at Law LLP Investigates Thoma Bravo Buyout of ForgeRock, Inc. – FORG

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the directors of ForgeRock, Inc. (“...

1 month ago - Business Wire

ForgeRock Named an Overall Leader in 2022 KuppingerCole Leadership Compass on Passwordless Authentication

SAN FRANCISCO--(BUSINESS WIRE)--ForgeRock named an overall leader in 2022 KuppingerCole Leadership Compass on Passwordless Authentication for various categories.

1 month ago - Business Wire

FORGEROCK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C.

1 month ago - Business Wire

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating ForgeRock, Inc. Buyout

Wilmington, Delaware--(Newsfile Corp. - October 12, 2022) - Rigrodsky Law, P.A. is investigating ForgeRock, Inc. ("ForgeRock") (NYSE: FORG) regarding possible breaches of fiduciary duties and other viol...

1 month ago - Newsfile Corp

ForgeRock (FORG) Stock Jumps 48.6%: Will It Continue to Soar?

ForgeRock (FORG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

1 month ago - Zacks Investment Research

ForgeRock (FORG) Stock Rallies 49% on $2.3 Billion Buyout Deal

With the major indices recovering from the volatility over recent days, shares of global digital identity leader ForgeRock (NYSE: FORG ) stock jumped 49%, representing one of the key highlights on Tuesd...

1 month ago - InvestorPlace

Thoma Bravo buys third identity company this year with $2.3B ForgeRock acquisition

Thoma Bravo knows what it likes, and apparently it likes identity access management – a lot. Today the firm announced its intention to acquire ForgeRock for $2.3 billion, the third company it has purcha...

1 month ago - TechCrunch

‘The opportunity now is at these much lower valuations': Orlando Bravo's investing strategy after Nasdaq plunge.

When MarketWatch first started reporting on markets and investing, there was a general consensus among the biggest Wall Street firms that private equity and software didn't mix. The billionaire buyout b...

1 month ago - Market Watch

Shareholder Alert: Ademi LLP investigates whether ForgeRock, Inc. has obtained a Fair Price in its transaction with T...

MILWAUKEE , Oct. 11, 2022 /PRNewswire/ -- Ademi LLP is investigating ForgeRock (NYSE: FORG) for possible breaches of fiduciary duty and other violations of law in its transaction with Thoma Bravo.  Clic...

1 month ago - PRNewsWire

FORG Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of ForgeRock, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of ForgeRock, Inc. (NYSE: FORG) to Thoma Bravo for $23.25 per share is fair to ForgeRock share...

1 month ago - Business Wire

Thoma Bravo to take software firm ForgeRock private in $2.3 bln deal

Software company ForgeRock said on Tuesday it will acquired by buyout firm Thoma Bravo in an all-cash deal valued at about $2.3 billion.

1 month ago - Reuters

ForgeRock stock rockets after Thoma Bravo buyout deal at 53% premium

Shares of ForgeRock Inc. FORG, -4.05% rocketed 49.9% in premarket trading Tuesday, after the identity management software company announced an agreement to be acquired by investment firm Thoma Bravo in ...

1 month ago - Market Watch

ForgeRock to be Acquired by Thoma Bravo for $2.3B

SAN FRANCISCO--(BUSINESS WIRE)--ForgeRock announced it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm.

1 month ago - Business Wire

ForgeRock Named an Overall Leader in 2022 KuppingerCole CIAM Platforms Leadership Compass Report

SAN FRANCISCO--(BUSINESS WIRE)--ForgeRock was named an "Overall Leader" in KuppingerCole Leadership Compass for Customer Identity and Access Management report for the third year.

1 month ago - Business Wire

ForgeRock Advances Identity Orchestration with Industry-First Capabilities for Delivering Superior Digital Identity J...

SAN FRANCISCO--(BUSINESS WIRE)--ForgeRock announced its next generation identity orchestration capabilities to help enterprises deliver better customer and employee experience.

2 months ago - Business Wire