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Upturn AI SWOT - About
Forge Global Holdings Inc (FRGE)
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Upturn Advisory Summary
04/01/2025: FRGE (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -75.33% | Avg. Invested days 28 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 107.34M USD | Price to earnings Ratio - | 1Y Target Price 3.05 |
Price to earnings Ratio - | 1Y Target Price 3.05 | ||
Volume (30-day avg) 680328 | Beta 2.21 | 52 Weeks Range 0.54 - 2.53 | Updated Date 04/2/2025 |
52 Weeks Range 0.54 - 2.53 | Updated Date 04/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.36 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-24 | When After Market | Estimate -0.0856 | Actual -0.0795 |
Profitability
Profit Margin -83.62% | Operating Margin (TTM) -96.01% |
Management Effectiveness
Return on Assets (TTM) -17.07% | Return on Equity (TTM) -27.4% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 15696479 | Price to Sales(TTM) 1.35 |
Enterprise Value 15696479 | Price to Sales(TTM) 1.35 | ||
Enterprise Value to Revenue 0.2 | Enterprise Value to EBITDA -2.03 | Shares Outstanding 188143008 | Shares Floating 148804039 |
Shares Outstanding 188143008 | Shares Floating 148804039 | ||
Percent Insiders 19.63 | Percent Institutions 37.95 |
Analyst Ratings
Rating 3.67 | Target Price 3.67 | Buy 1 | Strong Buy 2 |
Buy 1 | Strong Buy 2 | ||
Hold 2 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Forge Global Holdings Inc
Company Overview
History and Background
Forge Global, founded in 2014, operates a marketplace for pre-IPO stock. It connects buyers and sellers of shares in private companies, providing liquidity to employees and early investors.
Core Business Areas
- Private Securities Marketplace: Provides a platform for trading shares of private companies, connecting buyers and sellers.
- Data and Analytics: Offers data and insights on private companies, including valuations and market trends.
- Custody and Escrow Services: Provides secure custody and escrow services for private securities transactions.
Leadership and Structure
Kelly Rodriques serves as the CEO. The company operates with a functional organizational structure, divided into departments such as sales, marketing, technology, and operations.
Top Products and Market Share
Key Offerings
- Forge Markets: A secondary marketplace for buying and selling pre-IPO shares. Forge Global claims to have facilitated over $12 billion in transaction volume. Competitors include EquityZen, Carta, and SharesPost. No explicit market share is available but the transaction volume indicates them as a leader.
- Forge Data: Data analytics and research services for private companies. Revenue details not publicly available. Main competitors are PitchBook, CB Insights, and Crunchbase.
Market Dynamics
Industry Overview
The private securities market is growing, driven by the increasing number of companies staying private longer. This has created a demand for liquidity among employees and early investors.
Positioning
Forge Global is a leading player in the private securities market, known for its extensive network and transaction volume. Its competitive advantage lies in its platform and data capabilities.
Total Addressable Market (TAM)
Estimated TAM for private equity secondaries market is substantial (hundreds of billions USD). Forge Global aims to capture a significant portion by providing liquidity and price discovery.
Upturn SWOT Analysis
Strengths
- Established Marketplace
- Extensive Network
- Data-Driven Insights
- Regulatory Compliance
Weaknesses
- Dependence on Market Volatility
- Regulatory Uncertainty
- Concentration of Trading Volume in Few Companies
- Limited Profitability
Opportunities
- Expanding into New Geographies
- Developing New Products and Services
- Partnerships with Private Equity Firms
- Increased Institutional Participation
Threats
- Increased Competition
- Economic Downturn
- Changes in Regulations
- Technological Disruption
Competitors and Market Share
Key Competitors
- EQZEN
- CARTA
- SPNV
Competitive Landscape
Forge Global possesses an established platform but faces competition from well-funded companies. Forge has been involved in larger transactions, but competitors are catching up.
Major Acquisitions
Certi Equity
- Year: 2021
- Acquisition Price (USD millions): 75
- Strategic Rationale: Enhance global reach and provide more comprehensive solutions for employee equity management.
Growth Trajectory and Initiatives
Historical Growth: Forge Global has experienced rapid growth in transaction volume but challenges remain in achieving consistent profitability.
Future Projections: Analyst estimates suggest continued revenue growth, driven by the increasing demand for private securities.
Recent Initiatives: Forge Global has focused on expanding its partnerships and developing new data products.
Summary
Forge Global operates in a high-growth market but needs to improve its profitability. Its established platform and extensive network are strengths. Increased competition and market volatility pose significant challenges. Forge needs to improve their EPS and establish a better balance sheet.
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Sources and Disclaimers
Data Sources:
- Company Filings
- Market Reports
- Analyst Estimates
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Forge Global Holdings Inc
Exchange NYSE | Headquaters San Francisco, CA, United States | ||
IPO Launch date 2021-02-01 | CEO & Director Mr. Kelly A. Rodriques | ||
Sector Financial Services | Industry Capital Markets | Full time employees 300 | Website https://www.forgeglobal.com |
Full time employees 300 | Website https://www.forgeglobal.com | ||
Forge Global Holdings, Inc. operates a financial services platform in California. The company's platform solutions include marketplace solutions, a private market platform which is designed to connect buyers looking to invest in private companies and sellers of company shares and related products; private company solutions, a private company to deliver comprehensive, tailored solutions for their liquidity and capital formation; asset management solutions for fund creation and management, redemption of fund units, and secured cash management; and data solutions for derived data and indices. It also provides custody solutions for self-directed IRA accounts and custody-as-a-service. The company was founded in 2014 and is headquartered in San Francisco, California.
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