Core Viewpoint - Forge Global Holdings, Inc. is experiencing a shift in analyst sentiment, with a new price target set at $10, indicating a cautious near-term outlook despite a stable long-term view [2][6]. Company Overview - Forge Global, founded in 2014 and based in San Francisco, provides infrastructure and technology solutions for private market participants, facilitating the trading of private company shares [1]. Price Target and Analyst Sentiment - The consensus price target for Forge Global has remained stable at $50 over the past year, but JMP Securities has recently adjusted it to $10, reflecting a more cautious view on the company's near-term prospects [2][6]. - Despite the stable historical price target, Forge Global's stock saw an 11.6% increase in price, driven by higher-than-average trading volume, indicating short-term market dynamics are influencing performance [3][6]. Upcoming Earnings Report - Forge Global is set to release its third-quarter 2025 earnings, with analysts expecting a loss of $1.03 per share and revenue of $24 million, which will be crucial for assessing the company's financial health [4][6]. Future Outlook - The company maintains a "Buy" rating, with expectations to achieve EBITDA-positive status by 2026, supported by strategic initiatives such as a partnership with Silicon Valley Bank and expansion into the European market [5].
Forge Global Holdings, Inc. (NYSE:FRGE) Overview and Analyst Sentiment