Forge Global Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

Forge Global Holdings

30/07/2025 14:32

Forge Global Holdings Inc FRGE.N reported a quarterly adjusted loss of $1.34​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $-1.20.  The mean expectation of six analysts for the quarter was for a loss of $1.17 per share. Wall Street expected results to range from $-1.41 to -92 cents per share.

Revenue rose 24.5% to $27.74 million from a year ago; analysts expected $21.27 million.

Forge Global Holdings Inc's reported EPS for the quarter was a loss of $1.34​.

The company reported a quarterly loss of $16.72 million.

Forge Global Holdings Inc shares had fallen by 12.4% this quarter and gained 19.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9.8% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the financial technology (fintech) peer group is also "buy"

Wall Street's median 12-month price target for Forge Global Holdings Inc is $30.00, about 44.4% above its last closing price of $16.67

This summary was machine generated from LSEG data July 30 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
-1.17
-1.34
Missed
Mar. 31 2025
-1.32
-1.29
Beat
Dec. 31 2024
-1.34
-1.20
Beat
Sep. 30 2024
-1.30
-1.50
Missed