FRGE

Forge Global Holdings

Fundamental data last updated:March 2, 2026

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company profile

SECTOR

Financial Services

industry

Capital Markets

Exchange

NYSE

County of HQ

United States

Next Earnings Date

3

Business Summary

Forge Global Holdings operates a marketplace for buying and selling shares of private, venture-backed companies before they go public. The company provides trading solutions and data to institutional investors and accredited individuals seeking liquidity in the private markets.

 


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VALUATION

P/E

-

Market Cap ($M USD)

$623

Forward P/E

-

PEG

-

PRICE TO SALES

6.2

PRICE TO BOOK

3.1

EV / EBITDA

5-Year Average P/E

Free Cash Flow Yield

DCF Value

Graham Number

Price to FCF

EV to FCF

Earnings Yield

FCF Yield

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

-$4.90

Next Year EPS Growth Estimate

-$1.58

Next Year Revenue Growth Estimate

29.00%

Return on Equity (ROE)

-30.90%

FREE CASH FLOW

Operating Margin

-71.40%

Debt-to-Equity

0.1

Piotroski F-Score

Altman Z-Score

Return on Invested Capital (ROIC)

Current Ratio

Quick Ratio

Net Debt to EBITDA

Interest Coverage

Gross Profit margin

FCF PER SHARE

REVENUE PER SHARE

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Gainseekers Quantitative Analysis

Summary

Forge Global is currently unprofitable, with an EPS of -$4.90 and a negative operating margin of -71.40%. The company trades at a Price / Sales multiple of 6.2 and a Price / Book of 3.1. Looking ahead, analysts expect sales growth of 29.00% and an improved, though still negative, EPS of -$1.58 for next year.

AI Exposure / Tech Reliance

The provided financial data does not contain specific metrics regarding the company's AI exposure or technological reliance.

The Bull Case

The bullish outlook is supported by an expected sales growth of 29.00% next year and a low debt-to-equity ratio of 0.1. Additionally, the mean consensus target price is $45.00, and institutional ownership stands at 56.30%.

The Bear Case

The company is currently unprofitable with an operating margin of -71.40% and a return on equity of -30.90%. Despite projected improvements, estimated EPS for next year remains negative at -$1.58, and 7.30% of the float is held short.

Market Sentiment & Smart Money

Short Interest %

7.30%

Analyst Consensus

3

Average Analyst Price Target

$45.00

Institutional Ownership %

56.30%

1-Year Beta

Insider Buying % (6 Mo)

Distance to 52-Week High

Distance to 52-Week Low

EARNINGS SURPRISE %

50-DAY SMA

200-DAY SMA

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.