Forge Global (NYSE:FRGE) vs. Galaxy Digital (NASDAQ:GLXY) Head to Head Survey

Forge Global (NYSE:FRGE) and Galaxy Digital (NASDAQ:GLXY) are both finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, profitability, institutional ownership, valuation, earnings, analyst recommendations and dividends.

Analyst Ratings

This is a summary of current recommendations for Forge Global and Galaxy Digital, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Forge Global	1	2	0	0	1.67
Galaxy Digital	0	3	11	0	2.79

Galaxy Digital has a consensus target price of $33.96, indicating a potential upside of 136.15%. Given Galaxy Digital’s stronger consensus rating and higher possible upside, analysts plainly believe Galaxy Digital is more favorable than Forge Global.

Volatility and Risk

Forge Global has a beta of 2.18, indicating that its stock price is 118% more volatile than the S&P 500. Comparatively, Galaxy Digital has a beta of 5.38, indicating that its stock price is 438% more volatile than the S&P 500.

Institutional & Insider Ownership

40.7% of Forge Global shares are owned by institutional investors. 4.5% of Forge Global shares are owned by company insiders. Comparatively, 51.5% of Galaxy Digital shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Forge Global and Galaxy Digital”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Forge Global	$92.88 million	6.71	-$66.33 million	($5.20)	-8.65
Galaxy Digital	$61.36 billion	0.09	-$241.35 million	($1.00)	-14.38

Forge Global has higher earnings, but lower revenue than Galaxy Digital. Galaxy Digital is trading at a lower price-to-earnings ratio than Forge Global, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Forge Global and Galaxy Digital’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Forge Global	-71.87%	-29.06%	-24.63%
Galaxy Digital	-0.89%	-10.17%	-2.41%

Summary

Galaxy Digital beats Forge Global on 10 of the 13 factors compared between the two stocks.

About Forge Global

Forge Global operates a financial technology platform focused on private-company securities. Its marketplace connects eligible investors and shareholders seeking to buy or sell shares in privately held companies, helping facilitate transactions in an asset class that is not typically traded on public exchanges. The company also offers services that support private-market transactions, including market data and insights, brokerage and transaction support, and custody and related services through its subsidiaries.

About Galaxy Digital

Galaxy Digital is a financial services and investment management company focused on digital assets and blockchain technology. Its businesses include trading and other financial services for institutions, investment and asset management, and digital infrastructure, including data center and bitcoin mining operations. Founded in 2018 by Michael Novogratz, the company serves institutional clients and investors in the United States and other markets. Novogratz is Galaxy’s founder and chief executive officer.