Analysts Have Lowered Expectations For Forge Global Holdings, Inc. (NYSE:FRGE) After Its Latest Results [Yahoo! Finance]
Forge Global Holdings, Inc. (FRGE)
Company Research
Source: Yahoo! Finance
The early response was not positive, with shares down 6.3% to US$1.93 in the past week. Forge Global Holdings reported revenues of US$70m, in line with expectations, but it unfortunately also reported (statutory) losses of US$0.52 per share, which were slightly larger than expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. Check out our latest analysis for Forge Global Holdings After the latest results, the five analysts covering Forge Global Holdings are now predicting revenues of US$92.1m in 2024. If met, this would reflect a huge 32% improvement in revenue compared to the last 12 months. Losses are supposed to decline, shrinking 20% from last year to US$0.40. Before this latest report
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FRGE
News
- Forge Global Holdings, Inc. to Report First Quarter 2024 Financial Results on May 7th, 2024Business Wire
- Destiny CEO Calls Private-Tech Fund's Meme-Like Surge a ‘Discovery Process' [Yahoo! Finance]Yahoo! Finance
- Destiny CEO Calls Private-Tech Fund's Meme-Like Surge a ‘Discovery Process' [BNN Bloomberg (Canada)]BNN Bloomberg
- Forge Global Holdings, Inc. (NYSE: FRGE) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $7.00 price target on the stock.MarketBeat
- Forge Global's Private Market Index to be Tracked by Accuidity Strategy, Offering Diversified Exposure to Late-Stage Companies [Yahoo! Finance]Yahoo! Finance
FRGE
Earnings
- 3/26/24 - Miss
FRGE
Sec Filings
- 5/2/24 - Form 4
- 5/1/24 - Form 144
- 4/25/24 - Form ARS
- FRGE's page on the SEC website