Forge Global Holdings, Inc. provides marketplace infrastructure, data services, and technology solutions for private market participants. It enables private company shareholders to trade private company shares with accredited investors. The company was founded in 2014 and is based in San Francisco, California.
IPO Year: 2021
Exchange: NYSE
Website: https://forgeglobal.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/14/2025 | $18.00 | Neutral | Analyst |
5/12/2025 | $30.00 | Neutral → Overweight | Piper Sandler |
1/7/2025 | Neutral → Underweight | Analyst | |
9/3/2024 | $3.00 | Neutral → Buy | UBS |
1/5/2023 | Neutral | JP Morgan | |
11/30/2022 | $1.75 | Neutral | UBS |
11/22/2022 | $1.75 | Neutral | Piper Sandler |
8/26/2022 | $10.00 | Mkt Outperform | JMP Securities |
8/26/2022 | Mkt Perform | William Blair |
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced that Kelly Rodriques, CEO of Forge, will participate in a fireside chat at the 2025 Piper Sandler Global Exchange & Trading Conference on Thursday, June 5, 2025. Details for the event are as follows: Where: 2025 Piper Sandler Global Exchange & Trading Conference, New York, NY When: Thursday, June 5, 2025 Time: 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time Webcast: A live and archived webcast of the presentation will be accessible from the "Events & Presentations" section of Forge's Inve
Total Revenues Less Transaction-Based Expenses of $25.1 million in 1Q25, highest as a public company. Total Marketplace Revenues Less Transaction-Based Expenses of $15.8 million in 1Q25. Total Trading Volume of $692.4 million in 1Q25, an increase of 132% over the prior quarter. Total Custodial Administration Fees Less Transaction-Based Expenses of $9.3 million in 1Q25. Total Custodial Client Cash of $459.7 million as of March 31, 2025. Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced its financial results for the quarter ended Marc
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced that it has regained compliance with the New York Stock Exchange ("NYSE") continued listing criteria for minimum share price under Section 802.01C of the NYSE Listed Company Manual. On May 1, 2025, the NYSE provided Forge with a notification letter of compliance based on Forge's closing share price on April 30, 2025, as well as a calculation of Forge's average closing share price for the 30 trading days ended April 30, 2025, which reflected an average closing share price above the NYSE's $1.00 min
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced that it will report its full First Quarter Fiscal 2025 Financial Results Call on Wednesday, May 7th, 2025. Forge Preliminary 1Q25 Financial Results can be found here released on April 10th, 2025. Management will host a conference call and webcast at 8:00 a.m. Eastern Time / 5:00 a.m. Pacific Time, following the release of its earnings materials and investor supplemental on ir.forgeglobal.com, to discuss Forge's financial and business results for the period. What: Forge Global Holdings, Inc. - Fi
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced it has hired Greg Lee to lead its trading and data platform business. In this role, Mr. Lee will oversee trading, execution and go-to-market for the next generation of Forge's integrated platform. Mr. Lee's experience includes more than two decades of leadership across global financial institutions, with deep expertise in electronic trading, product innovation, and market infrastructure transformation. As Managing Director at Paxos, he pioneered competitive clearing solutions to challenge entrench
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced an agreement with Intercontinental Exchange (NYSE:ICE), a leading global provider of data and technology, to distribute Forge Price™, a novel proprietary pricing dataset for private company equity. As part of this agreement, Forge Price™ will be distributed via ICE distribution channels together with ICE's suite of data offerings. Forge Price™ is a derived dataset that reflects the up-to-date indicative price performance for approximately 200 venture-backed, pre-IPO companies. It is calculated bas
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced that it has entered into a non-binding term sheet with Accuidity Capital Management ("Accuidity") and its controlling equity holders to acquire 100% of the outstanding equity interests of Accuidity through a merger transaction. Accuidity is a specialized asset management firm focused on private investing. Its team has deep investment management expertise and believes in bringing access, liquidity, and transparency to market participants through a diverse and innovative set of product offerings, in
Total Revenues Less Transaction-Based Expenses estimated to be $24.9 million to $25.1 million, Forge's highest revenue quarter as a public company and up from $18.3 million in the prior quarter. Total Marketplace Revenues Less Transaction-Based Expenses estimated to be $15.7 million to $15.8 million, up from $8.4 million in the prior quarter. Total Volume increases 132% to $692.5 million, up from $299 million in the prior quarter. Total Custodial Administration Fees Less Transaction-Based Expenses estimated to be $9.2 million to $9.3 million, down from $9.8 million in the prior quarter. Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastr
Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading global private securities marketplace, today announced that its Board of Directors approved a 1-for-15 reverse stock split of its Common Stock to be effective 12:01 a.m., Eastern Time, on April 14, 2025. The Company expects its Common Stock to begin trading on a split-adjusted basis on the New York Stock Exchange as of the commencement of trading on April 15, 2025. On March 27, 2025, the Company's stockholders approved a reverse stock split of the Company's Common Stock at a ratio ranging from 1-for-3 to 1-for-50, inclusive, with such ratio to be determined at the discretion of the Company's Board of Directors a
Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading global private securities marketplace, today announced a first-of-its-kind partnership with Yahoo Finance to provide up-to-date pricing information on many of the top unicorn companies in the world. Through this collaboration, investors will now have access to real-time pricing and valuation data for late-stage U.S. private companies before they go public through Yahoo Finance. The initiative also introduces the industry's first large-scale public-to-private company comparison tool leveraging Forge's proprietary pricing data to educate investors on private market investment opportunities. "The democratization of
Analyst resumed coverage of Forge Global Holdings with a rating of Neutral and set a new price target of $18.00
Piper Sandler upgraded Forge Global Holdings from Neutral to Overweight and set a new price target of $30.00
Analyst downgraded Forge Global Holdings from Neutral to Underweight
UBS upgraded Forge Global Holdings from Neutral to Buy and set a new price target of $3.00
JP Morgan initiated coverage of Forge Global Holdings with a rating of Neutral
UBS initiated coverage of Forge Global Holdings with a rating of Neutral and set a new price target of $1.75
Piper Sandler initiated coverage of Forge Global Holdings with a rating of Neutral and set a new price target of $1.75
JMP Securities initiated coverage of Forge Global Holdings with a rating of Mkt Outperform and set a new price target of $10.00
William Blair initiated coverage of Forge Global Holdings with a rating of Mkt Perform