Forge Global (FRGE) to Release Quarterly Earnings on Wednesday

Forge Global (NYSE:FRGE) is anticipated to announce its Q3 2025 results before the market opens on Wednesday, November 5th. Analysts expect the company to announce earnings of ($1.03) per share and revenue of $24.0130 million for the quarter. Investors may review the information on the company’s upcoming Q3 2025 earningreport for the latest details on the call scheduled for Wednesday, November 5, 2025 at 4:30 PM ET.

Forge Global (NYSE:FRGE) last issued its quarterly earnings results on Wednesday, July 30th. The company reported ($0.99) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.16) by $0.17. Forge Global had a negative net margin of 73.62% and a negative return on equity of 28.21%. The company had revenue of $27.74 million during the quarter, compared to analysts’ expectations of $21.00 million. On average, analysts expect Forge Global to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Forge Global Price Performance

Shares of NYSE FRGE opened at $20.64 on Wednesday. Forge Global has a 1 year low of $6.60 and a 1 year high of $24.90. The stock has a market cap of $280.77 million, a P/E ratio of -3.87 and a beta of 2.25. The firm has a 50-day moving average of $17.40 and a 200 day moving average of $16.67.

Insider Buying and Selling

In related news, CFO James Nevin purchased 1,950 shares of Forge Global stock in a transaction dated Wednesday, August 6th. The stock was purchased at an average cost of $22.65 per share, for a total transaction of $44,167.50. Following the completion of the purchase, the chief financial officer directly owned 24,124 shares of the company’s stock, valued at $546,408.60. The trade was a 8.79% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Kelly Rodriques sold 3,530 shares of Forge Global stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $19.71, for a total transaction of $69,576.30. Following the completion of the sale, the chief executive officer owned 572,332 shares of the company’s stock, valued at $11,280,663.72. This represents a 0.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 4.50% of the company’s stock.

Institutional Trading of Forge Global

A number of large investors have recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in shares of Forge Global in the second quarter worth approximately $1,891,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Forge Global by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 68,888 shares of the company’s stock worth $39,000 after acquiring an additional 2,964 shares during the period. Finally, AQR Capital Management LLC grew its stake in shares of Forge Global by 305.0% in the first quarter. AQR Capital Management LLC now owns 194,616 shares of the company’s stock worth $109,000 after acquiring an additional 146,565 shares during the period. 40.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on FRGE shares. Citigroup restated a “market outperform” rating on shares of Forge Global in a research note on Tuesday. Weiss Ratings restated a “sell (d-)” rating on shares of Forge Global in a research note on Wednesday, October 8th. UBS Group set a $60.00 price objective on shares of Forge Global in a research note on Tuesday. Finally, Wall Street Zen lowered shares of Forge Global from a “hold” rating to a “sell” rating in a research note on Friday, July 18th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Forge Global currently has a consensus rating of “Moderate Buy” and an average price target of $42.00.

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.