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Company Analysis

Forge Global Holdings, Inc. FRGE

A comprehensive view of key metrics, scores, and financial health for Forge Global Holdings, Inc.

Overview of Forge Global Holdings, Inc.

FRGE NYQ
Financial Services Capital Markets Small Cap
Forge Global Holdings, Inc. (FRGE), is a Small Cap company, in the Capital Markets industry, last closed at $45.00, about 61.8% overvalued vs fair value, +419.9% 1Y return, ranked 903/1004 in sector.
$45.00
0.00%
As of March 2, 2026
Previous close • Vol 90d: 94.4%
52-Week Range
Market Cap
$619.05M
Enterprise Value
$600.73M
Overall Score
Scores locked

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Top Beats
No strong beats yet

Quick Facts

Website https://www.forgeglobal.com
HQ San Francisco, CA
Employees 300
Fiscal year Dec 31

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull
$10
$17
$32
Current: $45.00 -62% vs base

Engine Room Money Flow™

Small Cap

Financial Services - Where revenue goes and how value is created

Flow Steps
Interest Income
$5.7M
-11.6%%
Interest Expense
$6.4M
Net Interest Income
$5.7M
-11.6%%
Total Revenue
$79.3M
13.6%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Financial Services

Quality & Reliability Indicators

Return on Equity
-29.7%
Poor

Net Income / Equity - key bank profitability metric

Locked Metric
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Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
1
Active Leaks
1/1
Improving
0
High Impact
1
Critical
Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Forge Global Holdings, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
24
/100
Weak
Scores based on quantitative metrics and qualitative factors

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Pricing Power

Weak
17
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Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Generic Industrial / Default vs Industry Peers 85% Coverage
Trade-Off Triangle Visualization A ternary plot showing FRGE's balance between Growth (32.4%), Profitability (17.7%), and Safety (49.9%). Growth 32% Safety 50% Profitability 18%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

29th percentile vs peers
30
Key Signals
Rev Growth YoY 13.6% 32p EPS Growth YoY 30.4% 41p Revenue CAGR 3Y -14.8% 17p
Strengths
  • Quick Ratio in top 20% of peers (7.77, 88th percentile)
  • Strong liquidity position vs peers
Risks

No significant risks identified for this axis.

Profitability

16th percentile vs peers
16
Key Signals
Strengths
Risks
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Safety

45th percentile vs peers
46
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Forge Global Holdings, Inc..

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$17.18
- - -
-61.8% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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