In last trading session, Forge Global Holdings Inc (NYSE:FRGE) saw 0.42 million shares changing hands with its beta currently measuring 2.30. Company’s recent per share price level of $0.93 trading at -$0.04 or -3.85% at ring of the bell on the day assigns it a market valuation of $173.77M. That closing price of FRGE’s stock is at a discount of -282.8% from its 52-week high price of $3.56 and is indicating a premium of 24.73% from its 52-week low price of $0.70.

For Forge Global Holdings Inc (FRGE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.09 in the current quarter.

Forge Global Holdings Inc (NYSE:FRGE) trade information

Upright in the red during last session for losing -3.85%, in the last five days FRGE remained trading in the green while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $0.93 price level, adding 8.82% to its value on the day. Forge Global Holdings Inc’s shares saw a change of -0.06% in year-to-date performance and have moved 8.69% in past 5-day. Forge Global Holdings Inc (NYSE:FRGE) showed a performance of 24.91% in past 30-days.

Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 69.0% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would drop -222.58% in reaching the projected high whereas dropping to the targeted low would mean a loss of -222.58% for stock’s current value.

Forge Global Holdings Inc (FRGE) estimates and forecasts

This year revenue growth is estimated to rise 16.53% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 20.75M for the same. And 4 analysts are in estimates of company making revenue of 23.47M in the next quarter. Company posted 19.06M and 19.24M of sales in current and next quarters respectively a year earlier.

In 2025, company’s earnings growth rate is likely to be around 29.00% while estimates for its earnings growth in next 5 years are of 35.09%.

Forge Global Holdings Inc (NYSE:FRGE)’s Major holders

ROB EXPLORATION LLC is the top institutional holder at FRGE for having 24.23 million shares of worth $35.38 million. And as of 2024-06-30, it was holding 13.2636 of the company’s outstanding shares.

The second largest institutional holder is TEMASEK HOLDINGS (PRIVATE) LTD, which was holding about 8.61 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.7119 of outstanding shares, having a total worth of $12.57 million.

On the other hand, iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 3.29 shares of worth $3.06 million or 1.76% of the total outstanding shares. The later fund manager was in possession of 3.12 shares on Sep 30, 2024 , making its stake of worth around $2.91 million in the company or a holder of 1.67% of company’s stock.