Forge Global Holdings, Inc. (NYSE: FRGE) is a company that facilitates private market trading, providing a platform for buying and selling private company shares. On November 6, 2025, Patrick Moley from Piper Sandler set a price target of $45 for FRGE. At that time, the stock was priced at $44.07, indicating a potential increase of about 2.11%.
The proposed sale of Forge Global to The Charles Schwab Corporation is under scrutiny. Shareholders are set to receive $45.00 per share in cash. This aligns with the price target set by Piper Sandler, suggesting a fair valuation. However, Monteverde & Associates PC is investigating the fairness of this deal for shareholders.
FRGE has seen a remarkable price increase of 68.72%, with a $17.95 rise. The stock's current price of $44.07 is near its 52-week high of $44.08, a significant jump from its low of $6.60. This growth reflects strong market interest and potential investor confidence in the company's future.
The company's market capitalization is approximately $598.97 million, indicating its size and market value. With a trading volume of 4,512,803 shares, FRGE is actively traded, showing high liquidity. This level of trading activity can impact stock price stability and investor sentiment.
Monteverde & Associates, a reputable firm based in New York City, is questioning the fairness of the proposed sale. Known for recovering millions for shareholders, their involvement highlights the importance of ensuring that the transaction benefits all stakeholders.