Forge Global Holdings (FRGE) stock forecast for 2023
Last update: May 29, 2023 (06:43)
Sector: FinancialThe share price of Forge Global Holdings, Inc. (FRGE) now
50/200 Day Moving Average: $1.485 / $1.912
This figure corresponds to the Average Price over the previous 50/200 days. For Forge Global Holdings stocks, the 50-day moving average is the resistance level today.
For Forge Global Holdings stocks, the 200-day moving average is the resistance level today.
Are you interested in Forge Global Holdings stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Forge Global Holdings stock price in 2023. How much will one Forge Global Holdings share be worth in 2023? Is it worth taking profit / loss on Forge Global Holdings stock now or waiting? What are analysts' forecasts for Forge Global Holdings stock?
We forecast Forge Global Holdings stock performance using neural networks based on historical data on Forge Global Holdings stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The Forge Global Holdings stock prediction results are shown below and presented as a graph, table and text information.
Forge Global Holdings stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Forge Global Holdings analysts is $3.23.
Today 200 Day Moving Average is the resistance level (1.912 $).
50 Day Moving Average is the resistance level (1.485 $).
Historical and forecast chart of Forge Global Holdings stock
The chart below shows the historical price of Forge Global Holdings stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Forge Global Holdings stock price can be found in the table below.
Forge Global Holdings (FRGE) Forecast for 2023
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jun | 1.66 | 1.53 | 1.93 | 20.78 % |
| Jul | 1.88 | 1.53 | 2.01 | 24.05 % |
| Aug | 2.11 | 1.72 | 2.29 | 24.66 % |
| Sep | 1.93 | 1.64 | 2.06 | 20.41 % |
| Oct | 1.54 | 1.31 | 1.69 | 22.53 % |
| Nov | 1.39 | 1.28 | 1.66 | 22.85 % |
| Dec | 1.75 | 1.57 | 1.95 | 19.18 % |
Forge Global Holdings information and performance
Forge Global Inc. did something Tuesday relatively few companies have done so far this year — it went public via a merger with a blank-check company.
And that wasn’t the only unusual thing. Shares of the San Francisco company, which operates a marketplace for trading stock in privately held businesses, more than doubled early on its first day of trading. It gave up much of that gain by the closing bell but still finished the day up nearly 60%.
250 GREENWICH STREET, NEW YORK, NY, US
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Forge Global Holdings price target for 2023 by month
Target values for the price of one Forge Global Holdings share for Jun 2023.
In Jun, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 20.777% volatility is expected.
Pessimistic target level: 1.53
Optimistic target level: 1.93
Target values for the price of one Forge Global Holdings share for Jul 2023.
In Jul, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 24.052% volatility is expected.
Pessimistic target level: 1.53
Optimistic target level: 2.01
Target values for the price of one Forge Global Holdings share for Aug 2023.
In Aug, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 24.664% volatility is expected.
Pessimistic target level: 1.72
Optimistic target level: 2.29
Target values for the price of one Forge Global Holdings share for Sep 2023.
In Sep, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 20.407% volatility is expected.
Pessimistic target level: 1.64
Optimistic target level: 2.06
Target values for the price of one Forge Global Holdings share for Oct 2023.
In Oct, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 22.533% volatility is expected.
Pessimistic target level: 1.31
Optimistic target level: 1.69
Target values for the price of one Forge Global Holdings share for Nov 2023.
In Nov, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 22.845% volatility is expected.
Pessimistic target level: 1.28
Optimistic target level: 1.66
Target values for the price of one Forge Global Holdings share for Dec 2023.
In Dec, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 19.176% volatility is expected.
Pessimistic target level: 1.57
Optimistic target level: 1.95