Q2 EPS Estimates for Forge Global Lowered by William Blair

Forge Global Holdings, Inc. (NYSE:FRGE) – Analysts at William Blair dropped their Q2 2025 EPS estimates for shares of Forge Global in a report issued on Thursday, March 6th. William Blair analyst J. Schmitt now anticipates that the company will post earnings of ($0.07) per share for the quarter, down from their previous estimate of ($0.06). 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 Q4 2025 earnings at ($0.06) EPS, FY2025 earnings at ($0.28) EPS and FY2026 earnings at ($0.18) EPS.

Separately, JPMorgan Chase & Co. restated an “underweight” rating on shares of Forge Global in a research note on Tuesday, January 7th.

Forge Global Trading Down 10.6 %

Shares of FRGE stock opened at $0.58 on Monday. The firm has a market capitalization of $109.20 million, a P/E ratio of -1.35 and a beta of 2.21. The firm’s fifty day moving average price is $0.83 and its two-hundred day moving average price is $1.05. Forge Global has a 1 year low of $0.57 and a 1 year high of $3.56.

Forge Global announced that its board has initiated a share buyback plan on Wednesday, March 5th that allows the company to repurchase $10.00 million in shares. This repurchase authorization allows the company to buy up to 6.3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Insider Transactions at Forge Global

In related news, CEO Kelly Rodriques sold 25,000 shares of Forge Global stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $1.04, for a total transaction of $26,000.00. Following the completion of the sale, the chief executive officer now owns 8,153,110 shares of the company’s stock, valued at approximately $8,479,234.40. The trade was a 0.31 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CRO Jennifer Phillips sold 159,108 shares of Forge Global stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $1.00, for a total transaction of $159,108.00. Following the sale, the executive now directly owns 604,728 shares of the company’s stock, valued at $604,728. The trade was a 20.83 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 235,508 shares of company stock worth $226,508 in the last ninety days. Insiders own 7.22% of the company’s stock.

Institutional Trading of Forge Global

Hedge funds and other institutional investors have recently modified their holdings of the stock. Barclays PLC boosted its holdings in shares of Forge Global by 278.5% during the 3rd quarter. Barclays PLC now owns 150,241 shares of the company’s stock worth $197,000 after buying an additional 110,549 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Forge Global by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 2,619,886 shares of the company’s stock worth $3,433,000 after buying an additional 18,913 shares during the period. GSA Capital Partners LLP bought a new stake in shares of Forge Global during the 3rd quarter worth about $96,000. SG Americas Securities LLC boosted its holdings in shares of Forge Global by 167.3% during the 4th quarter. SG Americas Securities LLC now owns 65,361 shares of the company’s stock worth $61,000 after buying an additional 40,908 shares during the period. Finally, State Street Corp boosted its holdings in shares of Forge Global by 1.2% during the 3rd quarter. State Street Corp now owns 2,263,898 shares of the company’s stock worth $2,966,000 after buying an additional 25,833 shares during the period. Institutional investors own 40.67% of the company’s stock.

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.