$1.28
6.57% day before yesterday
NYSE, Sep 20, 10:02 pm CET
ISIN
US34629L1035
Symbol
FRGE

Forge Global Target price 2024 - Analyst rating & recommendation

Forge Global Classifications & Recommendation:

Buy
50%
Hold
50%

Forge Global Price Target

Target Price $3.88
Price $1.28
Potential
Number of Estimates 4
4 Analysts have issued a price target Forge Global 2025 . The average Forge Global target price is $3.88. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 3 Analysts recommend Forge Global to buy, 3 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Forge Global stock has an average upside potential 2025 of . Most analysts recommend the Forge Global stock at Buy or hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 69.82 88.65
0.63% 26.97%
EBITDA Margin -115.64% -37.09%
32.84% 67.93%
Net Margin -136.05% -68.79%
35.41% 49.44%

6 Analysts have issued a sales forecast Forge Global 2024 . The average Forge Global sales estimate is

$88.6m
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. This is
12.00% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$94.6m 19.52%
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, the lowest is
$81.4m 2.86%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $69.8m 0.63%
2024
$88.6m 26.97%
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2025
$124m 39.74%
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2026
$114m 8.14%
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6 Analysts have issued an Forge Global EBITDA forecast 2024. The average Forge Global EBITDA estimate is

$-32.9m
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. This is
58.09% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-27.9m 64.44%
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, the lowest is
$-36.7m 53.22%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-80.7m 32.41%
2024
$-32.9m 59.28%
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2025
$-306k 99.07%
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2026
$2.1m 800.29%
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EBITDA Margin

2023 -115.64% 32.84%
2024
-37.09% 67.93%
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2025
-0.25% 99.33%
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2026
1.88% 852.00%
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4 Forge Global Analysts have issued a net profit forecast 2024. The average Forge Global net profit estimate is

$-61.0m
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. This is
22.37% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-58.5m 25.59%
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, the lowest is
$-63.9m 18.61%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-95.0m 35.00%
2024
$-61.0m 35.80%
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2025
$-32.9m 46.00%
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2026
$-30.3m 8.14%
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Net Margin

2023 -136.05% 35.41%
2024
-68.79% 49.44%
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2025
-26.58% 61.36%
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2026
-26.58% 0.00%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -0.52 -0.33
35.00% 36.54%
P/E negative
EV/Sales 1.49

4 Analysts have issued a Forge Global forecast for earnings per share. The average Forge Global <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-0.33
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. This is
23.26% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-0.32 25.58%
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, the lowest is
$-0.35 18.60%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-0.52 35.00%
2024
$-0.33 36.54%
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2025
$-0.18 45.45%
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2026
$-0.17 5.56%
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P/E ratio

Current -2.97 21.22%
2024
-3.83 28.96%
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2025
-7.10 85.38%
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2026
-7.73 8.87%
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Based on analysts' sales estimates for 2024, the Forge Global stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.67 50.88%
2024
1.49 10.56%
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2025
1.07 28.44%
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2026
1.16 8.86%
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P/S ratio

Current 2.96 47.21%
2024
2.64 10.72%
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2025
1.89 28.44%
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2026
2.06 8.86%
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