Streetbeat News

FRGE

Forge Global Holdings, Inc.

https://forgeglobal.com

Industry

Software - Application

Forge Global Holdings, Inc. provides marketplace infrastructure, data services, and technology solutions for private market participants. It enables private company shareholders to trade private company shares with accredited investors. The company was founded in 2014 and is based in San Francisco, California.

Open

1.14

Mkt cap

185M

Volume

875K

High

1.14

P/E Ratio

-2.35

52-wk high

4.02

Low

1.00

Div yield

N/A

52-wk low

1.00

The article discusses the 'Private Magnificent 7,' a group of U.S. unicorn startups identified by Forge Global Holdings, which have shown significant growth and resilience. These companies include SpaceX, OpenAI, Stripe, Databricks, Fanatics, Scale AI, and Rippling, collectively valued at $382 billion. Despite being smaller in valuation compared to the public Magnificent 7, these private companies have outperformed them in price performance over the past year.

Portfolio Pulse from Michael Juliano

September 11, 2024 | 11:07 pm

UBS analyst Alex Kramm has upgraded Forge Global Holdings (NYSE:FRGE) from Neutral to Buy, setting a price target of $3.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:05 pm

Financial sector stocks are experiencing gains due to positive market sentiment following Fed Chair Powell's comments on the economy and potential future rate cuts.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 5:53 pm

Forge Global Holdings (NYSE:FRGE) reported Q2 2024 GAAP EPS of $(0.08), beating the $(0.11) estimate. Sales were $22.282M, surpassing the $20.400M estimate and marking a 33.27% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:50 pm

Forge Global Holdings (NYSE:FRGE) reported Q1 2024 earnings with a smaller loss per share of $(0.10) compared to the expected $(0.12), and sales of $19.242M, slightly above the $19.182M forecast. This represents a 16.67% improvement in EPS and a 24.31% increase in sales year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:23 pm

JPMorgan Chase & Co. shares fell by 5.1% despite beating first-quarter earnings and revenue expectations, with other stocks experiencing significant movements in Friday's mid-day session. Notable gainers include PaxMedica, EZGO Technologies, and Allarity Therapeutics, among others, with various reasons for their stock movements. Conversely, several companies faced declines, such as Motus GI Holdings, Lixiang Education, and Monogram Orthopaedics, each with specific challenges impacting their stock prices.

Portfolio Pulse from Avi Kapoor

April 12, 2024 | 6:47 pm

JMP Securities analyst Devin Ryan has reiterated a 'Market Outperform' rating on Forge Global Holdings (FRGE) and maintained a $7 price target.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 12:42 pm

Kura Sushi USA, Inc. (KRUS) shares rose 6% in pre-market trading after announcing Q2 results with sales beating estimates but earnings missing expectations. Other stocks like DigiAsia Corp. (FAAS), Invivyd, Inc. (IVVD), Ventyx Biosciences, Inc. (VTYX), Caribou Biosciences, Inc. (CRBU), Cinemark Holdings, Inc. (CNK), Krispy Kreme, Inc. (DNUT), and Forge Global Holdings, Inc. (FRGE) also saw gains in pre-market trading due to various positive updates and analyst upgrades.

Portfolio Pulse from Avi Kapoor

April 05, 2024 | 12:01 pm

JMP Securities analyst Devin Ryan has reiterated a 'Market Outperform' rating on Forge Global Holdings (FRGE) and maintained a $7 price target.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 2:43 pm

MariaDB plc (MRDB) shares surged by approximately 100% in pre-market trading following an announcement by Progress Software (PRGS) about a potential offer for the company. Other stocks also showed significant movement in pre-market trading, with notable gainers including Destiny Tech100 Inc (DXYZ), PaySign, Inc. (PAYS), and Hitek Global Inc. (HKIT), among others. On the losing end, Direct Digital Holdings, Inc. (DRCT), Velo3D, Inc. (VLD), and JOANN Inc. (JOAN) experienced substantial declines after reporting disappointing financial results or facing delisting issues.

Portfolio Pulse from Avi Kapoor

March 27, 2024 | 12:14 pm

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