The invention relates to a forming method of an annular forging of 718 Plus alloy, which comprises the following steps: wrapping the cylindrical surface of a blank of the 718 Plus alloy with a first blanket, further heating to 1000-1100° C., then stopping heating, and immediately performing upsetting and punching treatment on the blank; further respectively wrapping the outer surface and the punched inner surface of the blank after treatment with second blankets, further heating to 1000-1060° C., then stopping heating, immediately performing blank holder reaming treatment on the blank; and respectively wrapping the outer surface and the reamed inner surface of the blank after treatment with the second blankets, further heating to 985-1038° C., then stopping heating, and immediately rolling the blank to obtain a final product, after the method is used for treatment, the grain size of the forging achieves level 6 or above, and the surface has no common cracks.