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 |
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
4 - Forge Global Holdings, Inc. (0001827821) (Issuer)
3 - 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)
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") (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
Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE:FRGE), a leading private market platform, announced today the appointment of Brian McDonald to its Board of Directors, as well as to its Audit Committee and Risk Committee. Mr. McDonald brings to Forge decades of leadership experience in financial services, wealth management, and digital business. Most recently, he served as Managing Director, Head of Direct and Institutional Businesses at Morgan Stanley, where he helped build and lead Morgan Stanley at Work, one of the world's largest workplace financial platforms. Before that, he spent over 20 years at Charles Schwab, leading workplace and retail service functions, ultimately
Total Revenue Less Transaction Based Expenses was $78.7 million, up 13% year-over-year. Total Marketplace Revenues Less Transaction Based Expenses was $37.0 million, up 46% year-over-year. Total Trading Volume was $1.3 billion, up 73% year-over-year. Total Custodial Administration Fees Less Transaction Based Expenses was $41.7 million, down 5% year-over-year. Forge's board of directors authorized a share repurchase program of up to $10 million of Forge's common stock. 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, 2024. "We closed
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading global private securities marketplace, today announced that Kelly Rodriques, Chief Executive Officer, will participate in a fireside chat at the Citizen JMP Technology Conference on Tuesday, March 4th, 2025. Details for the event are as follows: Where: Citizens JMP Technology Conference, San Francisco, CA. When: Tuesday, March 4th, 2025 Time: 3:00 p.m. Eastern Time / 12:00 p.m. Pacific Time Webcast: 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/. For more information
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading global private securities marketplace, announced today that it will report its Fourth Quarter and Full Year Fiscal 2024 Financial Results on Wednesday, March 5th, 2025. 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 above period. What: Forge Global Holdings, Inc. - Fourth Quarter and Full Year Fiscal 2024 Financial Results Conference Call When: Wednesday, March 5th, 2025 Time: 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time Dial-In: To
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8-K - Forge Global Holdings, Inc. (0001827821) (Filer)
8-K - Forge Global Holdings, Inc. (0001827821) (Filer)
8-K - Forge Global Holdings, Inc. (0001827821) (Filer)
8-K - Forge Global Holdings, Inc. (0001827821) (Filer)
8-K - Forge Global Holdings, Inc. (0001827821) (Filer)
8-K - Forge Global Holdings, Inc. (0001827821) (Filer)
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10-K - Forge Global Holdings, Inc. (0001827821) (Filer)
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
Total Revenue Less Transaction Based Expenses was $78.7 million, up 13% year-over-year. Total Marketplace Revenues Less Transaction Based Expenses was $37.0 million, up 46% year-over-year. Total Trading Volume was $1.3 billion, up 73% year-over-year. Total Custodial Administration Fees Less Transaction Based Expenses was $41.7 million, down 5% year-over-year. Forge's board of directors authorized a share repurchase program of up to $10 million of Forge's common stock. 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, 2024. "We closed
Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading global private securities marketplace, announced today that it will report its Fourth Quarter and Full Year Fiscal 2024 Financial Results on Wednesday, March 5th, 2025. 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 above period. What: Forge Global Holdings, Inc. - Fourth Quarter and Full Year Fiscal 2024 Financial Results Conference Call When: Wednesday, March 5th, 2025 Time: 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time Dial-In: To
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
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," or the "Company") (NYSE:FRGE), a leading private market platform, announced today the appointment of Brian McDonald to its Board of Directors, as well as to its Audit Committee and Risk Committee. Mr. McDonald brings to Forge decades of leadership experience in financial services, wealth management, and digital business. Most recently, he served as Managing Director, Head of Direct and Institutional Businesses at Morgan Stanley, where he helped build and lead Morgan Stanley at Work, one of the world's largest workplace financial platforms. Before that, he spent over 20 years at Charles Schwab, leading workplace and retail service functions, ultimately
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