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Upturn AI SWOT - About
FRGE 
Forge Global Holdings Inc (FRGE)
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Stock price based on last close (see disclosures)
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Upturn Advisory Summary
09/15/2025: FRGE (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
6 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $34.4
1 Year Target Price $34.4
| 2 | Strong Buy |
| 2 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -41.68% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 238.94M USD | Price to earnings Ratio - | 1Y Target Price 34.4 |
Price to earnings Ratio - | 1Y Target Price 34.4 | ||
Volume (30-day avg) 6 | Beta 2.29 | 52 Weeks Range 6.60 - 24.90 | Updated Date 09/14/2025 |
52 Weeks Range 6.60 - 24.90 | Updated Date 09/14/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -5.03 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -69.06% | Operating Margin (TTM) -39.1% |
Management Effectiveness
Return on Assets (TTM) -14.96% | Return on Equity (TTM) -27.97% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 173100143 | Price to Sales(TTM) 2.63 |
Enterprise Value 173100143 | Price to Sales(TTM) 2.63 | ||
Enterprise Value to Revenue 1.91 | Enterprise Value to EBITDA -2.03 | Shares Outstanding 13591400 | Shares Floating 11019061 |
Shares Outstanding 13591400 | Shares Floating 11019061 | ||
Percent Insiders 18.02 | Percent Institutions 36.76 |
Upturn AI SWOT
Forge Global Holdings Inc
Company Overview
History and Background
Forge Global Holdings Inc. was founded in 2014. It evolved from providing secondary market solutions for pre-IPO companies to offering comprehensive services, including data, custody, and trading infrastructure for private equity.
Core Business Areas
- Private Securities Marketplace: Facilitates the buying and selling of pre-IPO company shares for accredited investors and institutions.
- Data and Analytics: Provides data and analytics tools related to private companies, helping investors make informed decisions.
- Custody Solutions: Offers custody services for private company shares, ensuring secure storage and transfer.
Leadership and Structure
Forge Global is led by its CEO, Kelly Rodriques. The organizational structure consists of various departments focusing on marketplace operations, technology, sales, and finance.
Top Products and Market Share
Key Offerings
- Forge Markets: A platform for trading private company stock. Forge claims a significant share of the private market trading volume. Competitors include EquityZen and Sharespost. Hard to ascertain market share due to private nature of market.
- Forge Data: Provides insights and data on private companies. Competitors include PitchBook and Crunchbase. Hard to ascertain market share due to private nature of market.
Market Dynamics
Industry Overview
The private securities market is growing rapidly, fueled by the increasing number of companies staying private longer. The industry faces challenges related to regulation, transparency, and liquidity.
Positioning
Forge Global is a leading player in the private securities market, offering a comprehensive suite of services and a large network of buyers and sellers. Their competitive advantage lies in their integrated platform and established presence.
Total Addressable Market (TAM)
The TAM for the private securities market is estimated to be in the hundreds of billions of dollars. Forge Global is well-positioned to capture a significant portion of this market due to its established platform and brand recognition.
Upturn SWOT Analysis
Strengths
- Established platform and brand
- Comprehensive suite of services
- Large network of buyers and sellers
- Experienced management team
- Strong technology infrastructure
Weaknesses
- Reliance on market volatility
- Regulatory uncertainty
- Limited liquidity compared to public markets
- Relatively high transaction fees
- Dependence on private company valuations
Opportunities
- Expanding into new geographies
- Developing new products and services
- Forming strategic partnerships
- Increasing institutional investor participation
- Further automation and efficiency improvements
Threats
- Increased competition
- Economic downturn
- Changes in regulations
- Technological disruptions
- Decreased investor confidence
Competitors and Market Share
Key Competitors
- EQZEN
- SHARESPOS
Competitive Landscape
Forge Global holds an edge due to its comprehensive platform. However, competitors like EquityZen are focused on specific niches and Sharespost have long established relationships.
Major Acquisitions
Context 365
- Year: 2022
- Acquisition Price (USD millions): 18
- Strategic Rationale: Enhanced data capabilities and expanded access to private company information, which helps in valuation determination.
Growth Trajectory and Initiatives
Historical Growth: Forge Global has experienced significant growth in recent years due to the increasing demand for private securities trading.
Future Projections: Future growth projections are not included in this output.
Recent Initiatives: Forge Global has been focused on expanding its platform, forging strategic partnerships, and enhancing its data and analytics capabilities.
Summary
Forge Global is a key player in the growing private securities market, leveraging its established platform and comprehensive services. Its growth depends on favorable market conditions and successful execution of its expansion strategy. Regulatory risks and increasing competition are crucial aspects to monitor. Future growth should be supported by strategic partnerships and advanced data solutions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings, Industry reports, Analyst estimates, Company press releases
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Market conditions and company-specific factors can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Forge Global Holdings Inc
Exchange NYSE | Headquaters San Francisco, CA, United States | ||
IPO Launch date 2021-02-01 | CEO & Director Mr. Kelly A. Rodriques | ||
Sector Financial Services | Industry Capital Markets | Full time employees 300 | Website https://www.forgeglobal.com |
Full time employees 300 | Website https://www.forgeglobal.com | ||
Forge Global Holdings, Inc. operates a financial services platform in California. The company's platform solutions include marketplace solutions, a private market platform which is designed to connect buyers looking to invest in private companies and sellers of company shares and related products; private company solutions, a private company to deliver comprehensive, tailored solutions for their liquidity and capital formation; asset management solutions for fund creation and management, redemption of fund units, and secured cash management; and data solutions for derived data and indices. It also provides custody solutions for self-directed IRA accounts and custody-as-a-service. The company was founded in 2014 and is headquartered in San Francisco, California.
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