Forge Global Holdings, Inc.
General ticker "FRGE" information:
- Sector: Financials
- Industry: Capital Markets
- Capitalization: $191.5M (TTM average)
Forge Global Holdings, Inc. follows the US Stock Market performance with the rate: 36.0%.
Estimated limits based on current volatility of 0.6%: low 44.27$, high 44.58$
Factors to consider:
- Total employees count: 300 (-13.0%) as of 2024
- Countries other than US accounted for 6.7% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Labor/talent shortage/retention, Cybersecurity threats, Third-party risks, Operational and conduct risks, Reputation and brand risks
- Current price 167.9% above estimated high
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [5.23$, 16.55$]
- 2025-12-31 to 2026-12-31 estimated range: [3.55$, 11.15$]
Financial Metrics affecting the FRGE estimates:
- Negative: with PPE of -2.5 at the end of fiscal year the price was high
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -24.25 <= 0.33
- Positive: Investing cash flow per share per price, % of 3.27 > -0.66
- Positive: Shareholder equity ratio, % of 84.85 > 63.39
- Negative: negative Net income
- Negative: negative Industry operating cash flow (median)
- Positive: Industry inventory ratio change (median), % of -0.34 <= -0.15
Short-term FRGE quotes
Long-term FRGE plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $69.38MM | $69.82MM | $79.33MM |
| Operating Expenses | $204.42MM | $161.27MM | $161.59MM |
| Operating Income | $-135.04MM | $-91.45MM | $-82.26MM |
| Non-Operating Income | $23.46MM | $0.72MM | $15.49MM |
| Income(Loss) | $-111.58MM | $-90.73MM | $-66.78MM |
| Taxes | $0.33MM | $0.82MM | $1.07MM |
| Profit(Loss)* | $-111.86MM | $-90.22MM | $-66.33MM |
| Stockholders Equity | $319.39MM | $263.51MM | $223.58MM |
| Assets | $363.73MM | $310.73MM | $263.51MM |
| Operating Cash Flow | $-68.81MM | $-41.46MM | $-40.53MM |
| Capital expenditure | $6.65MM | $0.53MM | $0.79MM |
| Investing Cash Flow | $-6.65MM | $-8.16MM | $5.47MM |
| Financing Cash Flow | $192.86MM | $0.06MM | $-3.89MM |
| Earnings Per Share** | $-11.66 | $-7.80 | $-5.43 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.