Q2 EPS Estimates for Forge Global Decreased by William Blair

Forge Global Holdings, Inc. (NYSE:FRGE) – Equities research analysts at William Blair decreased their Q2 2025 earnings per share (EPS) estimates for Forge Global in a note issued to investors on Thursday, March 6th. William Blair analyst J. Schmitt now anticipates that the company will post earnings per share of ($0.07) for the quarter, down from their previous forecast 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. reiterated an “underweight” rating on shares of Forge Global in a research report on Tuesday, January 7th.

Forge Global Stock Performance

Forge Global stock opened at $0.65 on Monday. The stock has a market capitalization of $122.17 million, a price-to-earnings ratio of -1.51 and a beta of 2.21. Forge Global has a 52-week low of $0.64 and a 52-week high of $3.56. The stock’s 50 day moving average price is $0.83 and its two-hundred day moving average price is $1.06.

Hedge Funds Weigh In On Forge Global

Several large investors have recently bought and sold shares of the stock. Jane Street Group LLC lifted its position in shares of Forge Global by 355.4% during the fourth quarter. Jane Street Group LLC now owns 685,172 shares of the company’s stock valued at $638,000 after purchasing an additional 534,717 shares in the last quarter. AWM Investment Company Inc. bought a new position in shares of Forge Global in the fourth quarter valued at approximately $409,000. Renaissance Technologies LLC increased its position in shares of Forge Global by 325.2% during the fourth quarter. Renaissance Technologies LLC now owns 456,323 shares of the company’s stock valued at $425,000 after acquiring an additional 348,997 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Forge Global by 341.0% during the fourth quarter. JPMorgan Chase & Co. now owns 381,805 shares of the company’s stock valued at $355,000 after acquiring an additional 295,235 shares during the last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in Forge Global during the fourth quarter worth $226,000. 40.67% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Forge Global

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

Forge Global declared that its Board of Directors has initiated a share repurchase 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 stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

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.