Forge Global Q1 EPS Forecast Decreased by William Blair

Forge Global Holdings, Inc. (NYSE:FRGE) – Investment analysts at William Blair decreased their Q1 2025 earnings estimates for shares of Forge Global in a research note issued to investors on Tuesday, April 15th. William Blair analyst J. Schmitt now anticipates that the company will earn ($1.31) per share for the quarter, down from their prior forecast of ($1.20). The consensus estimate for Forge Global’s current full-year earnings is ($0.37) per share. William Blair also issued estimates for Forge Global’s Q2 2025 earnings at ($1.07) EPS, Q3 2025 earnings at ($1.06) EPS, Q4 2025 earnings at ($0.98) EPS, FY2025 earnings at ($4.42) EPS, Q1 2026 earnings at ($0.64) EPS, Q2 2026 earnings at ($0.63) EPS, Q3 2026 earnings at ($0.62) EPS, Q4 2026 earnings at ($0.51) EPS and FY2026 earnings at ($2.40) EPS.

Several other analysts also recently issued reports on FRGE. JPMorgan Chase & Co. reissued an “underweight” rating on shares of Forge Global in a research note on Tuesday, January 7th. JMP Securities lowered their price objective on shares of Forge Global from $75.00 to $60.00 and set a “market outperform” rating on the stock in a report on Tuesday, April 8th.

Forge Global Stock Up 1.7 %

Forge Global stock opened at $8.79 on Friday. The stock has a market capitalization of $1.65 billion, a PE ratio of -20.43 and a beta of 2.39. Forge Global has a twelve month low of $6.60 and a twelve month high of $31.65. The company has a 50 day moving average of $10.74 and a 200-day moving average of $13.55.

Forge Global declared that its Board of Directors has approved a stock repurchase plan on Wednesday, March 5th that permits the company to repurchase $10.00 million in shares. This repurchase authorization permits the company to purchase up to 6.3% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Forge Global

In other Forge Global news, CRO Jennifer Phillips sold 16,150 shares of the company’s stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $15.11, for a total transaction of $244,026.50. Following the sale, the executive now directly owns 22,226 shares of the company’s stock, valued at approximately $335,834.86. This represents a 42.08 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 7.22% of the company’s stock.

Hedge Funds Weigh In On Forge Global

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC boosted its stake in shares of Forge Global by 355.4% during the 4th quarter. Jane Street Group LLC now owns 685,172 shares of the company’s stock worth $638,000 after acquiring an additional 534,717 shares during the period. AWM Investment Company Inc. bought a new position in shares of Forge Global in the fourth quarter valued at about $409,000. Renaissance Technologies LLC lifted its stake in shares of Forge Global by 325.2% during the 4th quarter. Renaissance Technologies LLC now owns 456,323 shares of the company’s stock worth $425,000 after buying an additional 348,997 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Forge Global by 341.0% in the 4th quarter. JPMorgan Chase & Co. now owns 381,805 shares of the company’s stock valued at $355,000 after acquiring an additional 295,235 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new stake in Forge Global in the 4th quarter worth about $226,000. Institutional investors own 40.67% of the company’s stock.

About Forge Global

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.