Forge Global Holdings, Inc. (FRGE)

Forge Global Holdings Stock Forecast

Stock Price Forecast

The 5 analysts that cover Forge Global Holdings stock have a consensus rating of "Buy" and an average price target of $38.25, which forecasts a 104.33% increase in the stock price over the next year. The lowest target is $18 and the highest is $60.

Price Target: $38.25 (+104.33%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$18	$38.25	$45	$60
Change	-3.85%	+104.33%	+140.38%	+220.51%

* Price targets were last updated on May 14, 2025.

Analyst Ratings

The average analyst rating for Forge Global Holdings stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	1	1	1	1	1	1
Buy	2	2	2	1	2	2
Hold	0	0	0	0	1	1
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	4	4	4	3	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Cho JP Morgan	JP Morgan	Sell → Hold Initiates $18	Sell → Hold	Initiates	$18	-3.85%	May 14, 2025
Richard Repetto Piper Sandler	Piper Sandler	Hold → Buy Upgrades $30	Hold → Buy	Upgrades	$30	+60.26%	May 12, 2025
Devin Ryan JMP Securities	JMP Securities	Buy Reiterates $60	Buy	Reiterates	$60	+220.51%	Apr 11, 2025
Devin Ryan JMP Securities	JMP Securities	Buy Maintains $75 → $60	Buy	Maintains	$75 → $60	+220.51%	Apr 8, 2025
Kenneth Worthington JP Morgan	JP Morgan	Hold → Sell Downgrades n/a	Hold → Sell	Downgrades	n/a	n/a	Jan 7, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

93.78M

Increased by 18.22%

from 79.33M

Revenue Next Year

121.30M

Increased by 29.35%

from 93.78M

EPS This Year

-4.67

from -5.43

EPS Next Year

-2.78

from -4.67

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	51.64M	128.06M	69.38M	69.82M	79.33M	93.78M	121.30M	127.64M
Revenue Growth	86.37%	147.96%	-45.82%	0.63%	13.62%	18.22%	29.35%	5.23%
EPS	-3.90	-5.11	-11.98	-7.80	-5.43	-4.67	-2.78	-1.95
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	8	8	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	98.7M	139.1M	131.4M
Avg	93.8M	121.3M	127.6M
Low	89.0M	106.8M	122.6M

Revenue Growth

Revenue Growth	2025	2026	2027
High	24.4%	48.4%	8.3%
Avg	18.2%	29.3%	5.2%
Low	12.2%	13.9%	1.1%

EPS Forecast

EPS	2025	2026	2027
High	-3.94	-2.10	-2.01
Avg	-4.67	-2.78	-1.95
Low	-5.13	-3.11	-1.87

EPS Growth

EPS Growth	2025	2026	2027
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.