Forge Global Holdings, Inc. (FRGE)

In the past six months, Forge Global Holdings, Inc. experienced a 1-for-15 reverse stock split effective on April 15, 2025. In early July 2025, Forge Global completed the takeover of Accuidity Capital Management (ACM), which is expected to boost Forge's Assets Under Management (AUM) by 20%. Forge Global reported its second consecutive record-breaking quarter for revenue in Q2 2025. As of October 2025, Forge Global Holdings, Inc. is in discussions regarding a potential sale. The stock has experienced various movements due to factors such as profit-taking, renewed risk-on sentiment, market corrections, investor enthusiasm, speculation about slowing deal flow in private markets, broad market bounces, and sector-wide volatility.

Forge Global Holdings, Inc. experiences demand seasonality for its products and services, with third-quarter revenues expected to be lower than the second quarter. Management has noted that Q3 typically experiences lower revenues compared to Q2 and Q4.

Forge Global Holdings, Inc. is a financial technology company providing marketplace infrastructure, data services, and technology solutions for the private market, operating within the Financials sector, specifically in Capital Markets and Financial Technology & Infrastructure. Its major products and solutions include Forge Markets, Forge Trust, Forge Data, Private Company Solutions, and Asset Management Solutions.

Forge Global Holdings, Inc. is headquartered in San Francisco, California, and operates a financial services platform in California. While its private securities trading aims to streamline processes for hundreds of global market participants, specific international operational locations are not detailed.

Forge Global's brand reputation has seen mixed signals. Analyst sentiment is moderately positive, with a consensus rating of "Hold". Positive events include expanding trading volumes, new platform partnerships, and a positive outlook on fintech growth. Concerns persist regarding Forge Global's ability to consistently beat revenue estimates, and the company experienced downward revisions in forecasts after a disappointing Q2. The news of the company considering a potential sale could also introduce uncertainty.

The ownership structure of Forge Global Holdings, Inc. includes institutional, retail, and individual investors. Major institutional shareholders include Motive Capital Management LLC, Deutsche Börse AG, BlackRock Advisors LLC, Allspring Global Investments, LLC, Vanguard Group Inc, and others. Insiders own a notable portion of the company's stock, with CEO Kelly Rodriques holding a significant percentage of the shares. Retail investors hold a considerable stake.