Forge Global Holdings, Inc. (FRGE)

Forge Global Holdings Stock Forecast

FRGE's stock price has decreased by -70% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Forge Global Holdings stock have an average target of 52.5, with a low estimate of 45 and a high estimate of 60. The average target predicts an increase of 507.64% from the current stock price of 8.64.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$45	$52.5	$60	$60
Change	+420.83%	+507.64%	+594.44%	+594.44%

Analyst Ratings

The average analyst rating for Forge Global Holdings stock from 3 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	1	1	1	1	1	1
Buy	2	2	2	2	2	1
Hold	0	0	0	0	0	0
Sell	0	0	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	3	3	4	4	4	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Devin Ryan JMP Securities	JMP Securities	Buy Reiterates $60	Buy	Reiterates	$60	+594.44%	Apr 11, 2025
Devin Ryan JMP Securities	JMP Securities	Buy Maintains $75 → $60	Buy	Maintains	$75 → $60	+594.44%	Apr 8, 2025
Kenneth Worthington JP Morgan	JP Morgan	Hold → Sell Downgrades n/a	Hold → Sell	Downgrades	n/a	n/a	Jan 7, 2025
Alex Kramm UBS	UBS	Hold → Strong Buy Upgrades $45	Hold → Strong Buy	Upgrades	$45	+420.83%	Sep 3, 2024
Devin Ryan JMP Securities	JMP Securities	Buy Reiterates $105	Buy	Reiterates	$105	+1,115.28%	Apr 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

95.56M

Increased by 20.45%

from 79.33M

Revenue Next Year

122.33M

Increased by 28.02%

from 95.56M

EPS This Year

-0.27

from -5.43

EPS Next Year

-0.16

from -0.27

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	95.56M	122.33M	127.65M
Revenue Growth	86.37%	147.96%	-45.82%	0.63%	13.62%	20.45%	28.02%	4.35%
EPS	-3.90	-5.11	-11.98	-7.80	-5.43	-0.27	-0.16	-0.13
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	7	7	3

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

Revenue Forecast

Revenue	2025	2026	2027
High	109.5M	136.9M	131.4M
Avg	95.6M	122.3M	127.7M
Low	80.9M	104.5M	122.6M

Revenue Growth

Revenue Growth	2025	2026	2027
High	38.0%	43.3%	7.4%
Avg	20.5%	28.0%	4.3%
Low	1.9%	9.4%	0.3%

EPS Forecast

EPS	2025	2026	2027
High	-0.23	-0.13	-0.13
Avg	-0.27	-0.16	-0.13
Low	-0.32	-0.20	-0.12

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.