Forge Global Holdings, Inc. (FRGE)
NYSE: FRGE · IEX Real-Time Price · USD
1.500
0.00 (0.00%)
At close: Jul 19, 2024, 4:00 PM
1.380
-0.120 (-8.00%)
After-hours: Jul 20, 2024, 12:57 PM EDT
Forge Global Holdings Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for FRGE stock have an average target of 5.25, with a low estimate of 3.50 and a high estimate of 7.00. The average target predicts an increase of 250.00% from the current stock price of 1.50.
Analyst Consensus: Buy
* Price targets were last updated on Apr 9, 2024.
Analyst Ratings
The average analyst rating for FRGE stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $7 | Buy | Reiterates | $7 | +366.67% | Apr 9, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Mar 28, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $3.5 | Buy | Maintains | $3.5 | +133.33% | Mar 27, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $2.4 → $3.5 | Buy | Maintains | $2.4 → $3.5 | +133.33% | Aug 9, 2023 |
| JMP Securities | JMP Securities | Buy Reiterates $7 | Buy | Reiterates | $7 | +366.67% | Jul 10, 2023 |
Financial Forecast
Revenue This Year
89.28M
from 69.82M
Increased by 27.87%
Revenue Next Year
122.08M
from 89.28M
Increased by 36.74%
EPS This Year
-0.42
from -0.52
EPS Next Year
-0.32
from -0.42
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 106.4M | 175.3M | 115.8M |
| Avg | 89.3M | 122.1M | 112.5M |
| Low | 78.6M | 92.2M | 108.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 52.3% | 96.3% | -5.1% |
| Avg | 27.9% | 36.7% | -7.8% |
| Low | 12.6% | 3.3% | -11.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.37 | -0.12 | -0.37 |
| Avg | -0.42 | -0.32 | -0.36 |
| Low | -0.45 | -0.39 | -0.34 |
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.