William Blair Forecasts Forge Global FY2026 Earnings

Forge Global Holdings, Inc. (NYSE:FRGE) – Investment analysts at William Blair issued their FY2026 earnings estimates for Forge Global in a research note issued to investors on Thursday, November 7th. William Blair analyst J. Schmitt expects that the company will post earnings of ($0.16) per share for the year. The consensus estimate for Forge Global’s current full-year earnings is ($0.36) per share.

Forge Global (NYSE:FRGE) last announced its earnings results on Wednesday, November 6th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.01). The business had revenue of $19.22 million during the quarter, compared to the consensus estimate of $22.80 million. Forge Global had a negative net margin of 95.85% and a negative return on equity of 29.04%.

Separately, UBS Group raised shares of Forge Global from a “neutral” rating to a “buy” rating and set a $3.00 price objective for the company in a research report on Tuesday, September 3rd.

Forge Global Stock Down 5.7 %

FRGE opened at $1.00 on Monday. Forge Global has a twelve month low of $1.00 and a twelve month high of $4.02. The company has a 50-day simple moving average of $1.27 and a 200 day simple moving average of $1.45.

Institutional Trading of Forge Global

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Eagle Investment Management LLC bought a new position in shares of Forge Global during the 1st quarter worth approximately $261,000. Vanguard Group Inc. raised its position in Forge Global by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 5,539,496 shares of the company’s stock valued at $10,691,000 after buying an additional 93,139 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Forge Global by 29.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 33,686 shares of the company’s stock valued at $66,000 after purchasing an additional 7,663 shares during the last quarter. Miracle Mile Advisors LLC increased its position in shares of Forge Global by 166.7% during the 2nd quarter. Miracle Mile Advisors LLC now owns 40,000 shares of the company’s stock valued at $58,000 after purchasing an additional 25,000 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Forge Global by 23.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 373,341 shares of the company’s stock valued at $545,000 after purchasing an additional 70,058 shares during the last quarter. Institutional investors and hedge funds own 40.67% of the company’s stock.

Insiders Place Their Bets

In other Forge Global news, CRO Jennifer Phillips sold 25,000 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $1.14, for a total transaction of $28,500.00. Following the completion of the transaction, the executive now owns 854,581 shares of the company’s stock, valued at approximately $974,222.34. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CRO Jennifer Phillips sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $1.14, for a total value of $28,500.00. Following the completion of the transaction, the executive now owns 854,581 shares of the company’s stock, valued at $974,222.34. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Kelly Rodriques sold 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $1.28, for a total value of $51,200.00. Following the completion of the transaction, the chief executive officer now directly owns 8,704,400 shares of the company’s stock, valued at $11,141,632. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 382,498 shares of company stock valued at $486,612. 9.84% of the stock is currently owned by corporate insiders.

Forge Global Company Profile

Forge Global Holdings, Inc operates a financial services platform in California. The company's platform solutions include trading solutions, a platform that connects investors with private company stockholders and enables them to facilitate private share transactions; and custody solutions, a non-depository trust company that enables clients to securely custody and manage assets through an online portal.