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 |
---|---|---|---|
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 |
8-K - Forge Global Holdings, Inc. (0001827821) (Filer)
8-K - Forge Global Holdings, Inc. (0001827821) (Filer)
8-K - Forge Global Holdings, Inc. (0001827821) (Filer)
10-Q - Forge Global Holdings, Inc. (0001827821) (Filer)
8-K - Forge Global Holdings, Inc. (0001827821) (Filer)
8-K - Forge Global Holdings, Inc. (0001827821) (Filer)
8-K/A - Forge Global Holdings, Inc. (0001827821) (Filer)
144 - Forge Global Holdings, Inc. (0001827821) (Subject)
144 - Forge Global Holdings, Inc. (0001827821) (Subject)
10-Q - Forge Global Holdings, Inc. (0001827821) (Filer)
Total Revenue, Less Transaction-Based Expenses of $19.1 million in 3Q24, up 4% over the year-ago quarter Total Marketplace Revenues, Less Transaction-Based Expenses of $8.6 million in 3Q24, up 21% over the year-ago quarter Trading Volume of $338.1 million in 3Q24, up 44% over the year-ago quarter Forge announces Forge Price and the Private Magnificent 7 Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading private securities marketplace, today announced its financial results for the quarter ended September 30, 2024. "In Q3, we remained focused on technology and product innovations that expand access and improve the experience for all participants in the pr
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, announced today that it will report its Third Quarter Fiscal Year 2024 Financial Results on Wednesday, November 6th, 2024. Management will host a conference call and webcast at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time, following the release of its earnings materials and investor supplemental, to discuss Forge's financial and business results for the third quarter of 2024. What: Forge Global Holdings, Inc. - Third Quarter Fiscal Year 2024 Financial Results Conference Call When: Wednesday, November 6th, 2024 Tim
Total Revenue Less Transaction Based Expenses increased to $22.0 million in 2Q24, up 15% quarter-over-quarter and 32% over the year-ago quarter Total Marketplace Revenues, Less Transaction Based Expenses increased to $11.4 million in 2Q24, up 35% quarter-over-quarter and 103% over the year-ago quarter Trading Volume increased to $426.3 million in 2Q24, up 62% quarter-over-quarter and 178% over the year-ago quarter Net Take Rate was 2.7% in 2Q24 Planned Expense Reductions are expected to improve margins and savings, on an annualized basis, of an estimated $11.3 million Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading private securities marketplac
Advancing call by 30 min to 4:30pm Eastern Time Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, announced today that it will advance its Second Quarter Fiscal Year 2024 Financial Results on Wednesday, August 7th, 2024 by 30 minutes. Management will host a conference call and webcast at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time, following the release of its earnings materials, to discuss Forge's financial and business results for the second quarter of 2024. What: Forge Global Holdings, Inc. - Second Quarter Fiscal Year 2024 Call When: Wednesday, August 7t
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, today announced that it will report Second Quarter Fiscal Year 2024 Financial Results on Wednesday, August 7th, 2024. Management will host a conference call and webcast at 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time, following the release of its earnings materials, to discuss Forge's financial and business results for the second quarter of 2024. What: Forge Global Holdings, Inc. - Second Quarter Fiscal Year 2024 Call When: Wednesday, August 7th, 2024 Time: 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time Dia
Total Revenue Less Transaction Based Expenses Was $19.2 million in 1Q24 Trading Volume Was $262.5 million in 1Q24 Net Take Rate Was 3.2% in 1Q24 Forge Trust Custodial Cash Was $481 million in 1Q24 Launches ForgePro — the first major milestone toward an institutional trade order management system built on the Forge Next Generation Platform Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading private securities marketplace, today announced its financial results for the quarter ended March 31, 2024. "I'm pleased to share that in the first quarter of 2024, Forge delivered our 4th consecutive quarter of revenue improvement as the market continues i
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, today announced that it will report First Quarter Fiscal Year 2024 financial results on Tuesday, May 7th, 2024. Management will host a conference call and webcast at 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time, following the release of its earnings materials, to discuss the Forge's financial and business results. What: Forge Global Holdings, Inc. - First Quarter Fiscal Year 2024 Call When: Tuesday, May 7th, 2024 Time: 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time Dial-In: To access the conference via tele
Total Revenue Less Transaction Based Expenses Was $18.9 million in 4Q23, increasing 13% year-over-year Trading Volume Was $250.4 million in 4Q23, increasing 1% year-over-year Net Take Rate Was 3.2% in 4Q23 and 3.3% for 2023 Total Assets Under Custody increased in 2023 from $14.9 billion to $15.6 billion, up 5% year-over-year Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading private securities marketplace, today announced its financial results for the quarter and year ended December 31, 2023. "In 2023 we made important moves to invest in Forge's future vision and our path to profitability," said Kelly Rodriques, CEO of Forge. "We focused on three t
Forge Global Holdings, Inc. (NYSE:FRGE) ("Forge"), a global private securities marketplace, today announced that it will report fourth quarter and full year 2023 financial results on Tuesday, March 26, 2024. Management will host a conference call and webcast at 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time, following the release of its earnings materials, to discuss the Forge's financial and business results. What: Forge Global Holdings, Inc. - Fourth Quarter and Full Year 2023 Call When: Tuesday, March 26, 2024 Time: 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time Dial-In: To access the conference via telephone, please dial 1 (800) 715-9871 or 1 (646) 307-1963 for callers outside
Total Revenue Less Transaction Based Expenses was $18.4 million in 3Q23 Trading Volume was $234.1 million in 3Q23 Net Take Rate was 3.0% in 3Q23 Forge Trust Custodial Cash was $518 million in 3Q23 Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, today announced its financial results for the third quarter ended September 30, 2023. "In the third quarter, investors demonstrated a continued cautious return to the private market — which drove higher volumes and revenue in our markets business compared to both Q1 and Q2," said Kelly Rodriq
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4 - Forge Global Holdings, Inc. (0001827821) (Issuer)
4 - Forge Global Holdings, Inc. (0001827821) (Issuer)
4 - Forge Global Holdings, Inc. (0001827821) (Issuer)
4 - Forge Global Holdings, Inc. (0001827821) (Issuer)
4 - Forge Global Holdings, Inc. (0001827821) (Issuer)
4 - Forge Global Holdings, Inc. (0001827821) (Issuer)
Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading global private securities marketplace, today announced the appointment of former London Stock Exchange Group (LSEG) executive James Nevin as its new CFO, effective January 20, 2025. Mr. Nevin will succeed CFO Mark Lee, who has held the role since 2018. Mr. Lee will continue to contribute his expertise to Forge, overseeing strategic financial and wealth initiatives as Chief of Strategic Wealth Solutions and supporting the successful transition of Mr. Nevin as Forge's new CFO. "Driving our growth strategy and achieving profitability are critical to our future," said Forge CEO Kelly Rodriques. "James Nevin's deep
Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading private securities marketplace, was notified on December 31, 2024 by the New York Stock Exchange ("NYSE") that the Company is not in compliance with Rule 802.01C of the NYSE's Listed Company Manual ("Rule 802.01C") relating to the minimum average share price. Rule 802.01C requires that a company's common stock trade at a minimum average closing price of $1.00 over a consecutive 30 trading-day period. The notice has no immediate impact on the listing of the Company's common stock on the NYSE during the six-month cure period. The Company intends to notify the NYSE within 10 business days of its intent to regain c
Total Revenue, Less Transaction-Based Expenses of $19.1 million in 3Q24, up 4% over the year-ago quarter Total Marketplace Revenues, Less Transaction-Based Expenses of $8.6 million in 3Q24, up 21% over the year-ago quarter Trading Volume of $338.1 million in 3Q24, up 44% over the year-ago quarter Forge announces Forge Price and the Private Magnificent 7 Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading private securities marketplace, today announced its financial results for the quarter ended September 30, 2024. "In Q3, we remained focused on technology and product innovations that expand access and improve the experience for all participants in the pr
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, announced today that it will report its Third Quarter Fiscal Year 2024 Financial Results on Wednesday, November 6th, 2024. Management will host a conference call and webcast at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time, following the release of its earnings materials and investor supplemental, to discuss Forge's financial and business results for the third quarter of 2024. What: Forge Global Holdings, Inc. - Third Quarter Fiscal Year 2024 Financial Results Conference Call When: Wednesday, November 6th, 2024 Tim
Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading private market platform, announced today Forge Price™, a groundbreaking pricing model for pre-IPO venture-backed late-stage companies. This new offering will be integrated into Forge Pro and other related data products, revolutionizing how investors access and interpret private market valuations, benchmarking, and indexing. Forge Price is a derived, indicative price calculated daily for approximately 250 pre-IPO venture-backed late-stage companies. This innovative pricing model provides a derived price per share for each company by synthesizing data from various sources, including secondary market transactions,
Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading private market platform, has identified the Private Magnificent 7, which comprises seven of the largest, most resilient, and highest-performing companies in the U.S. innovation economy. Much like their public market counterparts, this diverse group of late-stage, venture-backed companies has demonstrated both superior growth and remarkable resilience throughout the recent market cycle, including the Great Reset, a period of significant valuation contraction that characterized the post-peak period of the last 2.5 years. The Private Magnificent 7 includes SpaceX, OpenAI, Stripe, Databricks, Fanatics, Scale AI, and
Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading private securities marketplace, today announced that Kelly Rodriques, Chief Executive Officer, will participate in a fireside chat at Oppenheimer 27th Annual Technology, Internet & Communications Virtual Conference. Details for the event are as follows: Where: Oppenheimer 27th Annual Technology, Internet & Communications Virtual Conference – virtual When: Wednesday, August 14, 2024 at 12:25pm Eastern Time A live and archived webcast of the presentation will be accessible from the "Events & Presentations" section of Forge's Investor Relations website for on demand viewing at https://ir.forgeglobal.com/.
Total Revenue Less Transaction Based Expenses increased to $22.0 million in 2Q24, up 15% quarter-over-quarter and 32% over the year-ago quarter Total Marketplace Revenues, Less Transaction Based Expenses increased to $11.4 million in 2Q24, up 35% quarter-over-quarter and 103% over the year-ago quarter Trading Volume increased to $426.3 million in 2Q24, up 62% quarter-over-quarter and 178% over the year-ago quarter Net Take Rate was 2.7% in 2Q24 Planned Expense Reductions are expected to improve margins and savings, on an annualized basis, of an estimated $11.3 million Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading private securities marketplac
Advancing call by 30 min to 4:30pm Eastern Time Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, announced today that it will advance its Second Quarter Fiscal Year 2024 Financial Results on Wednesday, August 7th, 2024 by 30 minutes. Management will host a conference call and webcast at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time, following the release of its earnings materials, to discuss Forge's financial and business results for the second quarter of 2024. What: Forge Global Holdings, Inc. - Second Quarter Fiscal Year 2024 Call When: Wednesday, August 7t
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, today announced that it will report Second Quarter Fiscal Year 2024 Financial Results on Wednesday, August 7th, 2024. Management will host a conference call and webcast at 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time, following the release of its earnings materials, to discuss Forge's financial and business results for the second quarter of 2024. What: Forge Global Holdings, Inc. - Second Quarter Fiscal Year 2024 Call When: Wednesday, August 7th, 2024 Time: 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time Dia
Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading global private securities marketplace, today announced the appointment of former London Stock Exchange Group (LSEG) executive James Nevin as its new CFO, effective January 20, 2025. Mr. Nevin will succeed CFO Mark Lee, who has held the role since 2018. Mr. Lee will continue to contribute his expertise to Forge, overseeing strategic financial and wealth initiatives as Chief of Strategic Wealth Solutions and supporting the successful transition of Mr. Nevin as Forge's new CFO. "Driving our growth strategy and achieving profitability are critical to our future," said Forge CEO Kelly Rodriques. "James Nevin's deep
Forge Global Holdings, Inc. (NYSE:FRGE) ("Forge"), a global private securities marketplace, announced today the appointment of Larry Leibowitz to its Board of Directors, as well as its Compensation Committee. Mr. Leibowitz brings to Forge decades of entrepreneurial and corporate leadership experience in capital markets, financial technology and asset management. He is currently the CEO of Entrypoint Capital, a quantitative investment management firm, and has also held executive and board positions at a myriad of other companies in the financial services and investment sectors, including as the Chief Operating Officer, Head of Global Equities Markets, and Member of the Board of Directors o
Brooks brings deep innovative commercial, product and operations experience from executive roles at ICE, the New York Stock Exchange and NASDAQ OMX Group Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, today announced that James Brooks has joined Forge as Chief Product Officer and Commercial Officer. In this dual role, Brooks will be responsible for product vision and commercial strategy, overseeing the product, design and data organizations, and driving the acceleration and advancement of Forge's business. Brooks will be based in Forge's New York office. Brooks i
Lane to focus on managing institutional relationships, identifying new business opportunities and developing strategies to enhance Forge's market positioning and continued growth. Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, today announced that Chris Lane has joined Forge as Managing Director, Head of Institutional Relationship Management. Lane, who amassed deep capital markets client relationship experience in executive roles at BNP Paribas, Bank of America Merrill Lynch and Goldman Sachs, is continuing Forge's commitment to serving the needs of institutional i
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, announced today the appointment of Eric Leupold to its board of directors, effective November 30, 2023. Mr. Leupold was also appointed to the board's Audit Committee and Risk Committee. "Eric has deep knowledge of and experience with Forge and our market, having served as a member of our board when we were a private company. During his prior tenure, he was a reliable and prudent advisor and demonstrated an authentic commitment to the success of our company through the countless hours he dedicated and the keen advice he
Forge Global Holdings, Inc. (NYSE:FRGE) ("Forge"), a global private securities marketplace, announced today the appointment of Debra Chrapaty to its Board of Directors. Ms. Chrapaty was also appointed to the Risk Committee. "Debra's extensive leadership experience across world-class financial services, technology, and consumer companies makes for a valuable addition to our board. We look forward to working with Debra and leveraging her expertise as we continue to execute our long-term strategic plan and further scale the private market asset class for the future," said Kelly Rodriques, CEO of Forge. Ms. Chrapaty brings decades of corporate leadership in large-scale technical infrastruct
Forge Global Holdings, Inc. (NYSE:FRGE) ("Forge"), a global private securities marketplace, announced today the appointment of Asiff Hirji to its Board of Directors, effective as of June 1. Mr. Hirji was also appointed to the Risk Committee. "Asiff's experience at the intersection of information technology, investment and financial services, and his deep operating expertise, has already proven valuable to Forge. We look forward to his continued contributions as we continue to grow and scale the private market asset class," said Kelly Rodriques, CEO of Forge. Mr. Hirji has served as the President of Figure Technologies, Inc., a blockchain-based home equity lender, since January 2020. Mr. H
Forge Global Holdings, Inc. (NYSE:FRGE) ("Forge"), a global private securities marketplace, announced today the appointment of James H. Herbert, II to its Board of Directors, effective as of April 12. Mr. Herbert was also appointed to the Compensation Committee. "We're thrilled to welcome Jim Herbert to the Forge board," said Kelly Rodriques, CEO of Forge. "Mr. Herbert is a financial services visionary whose deep commitment to client service has led to extraordinary growth at First Republic Bank over the past 36 years. His leadership, operating and regulatory experience are incredibly valuable to our team, and we look forward to his insight and contributions." Mr. Herbert founded First Re
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
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