Based on ratings from 0 stock analysts, the Battery Future Acquisition Corp. stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Battery Future Acquisition Corp.. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned BFAC 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Battery Future Acquisition Corp. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BFAC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BFAC.
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When did it IPO
2022
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Shell Companies
CEO
Mr. Fanghan Sui
Market Cap
$153.1M
In 2023, BFAC generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BFAC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
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Revenue From 2023
Summary - Classover, an educational tech platform connecting students globally with U.S. educators, plans to go public via a merger with BFAC and will be listed on NYSE, enhancing its market presence and services.
Why It Matters - Classover's merger and impending NYSE listing signal growth potential and market expansion in edtech, attracting investors interested in innovative digital education solutions.
Summary - Battery Future Acquisition Corp. (NYSE: BFAC) announced an extension for its business combination deadline from August 17 to September 17, 2023, requested by its sponsor.
Why It Matters - The extension of the business combination deadline signals ongoing uncertainty about securing a merger, which could affect investor confidence and stock performance.
Summary - Battery Future Acquisition Corp. extended its deadline for a business combination to August 17, 2023, by depositing $500,000 into its trust account.
Why It Matters - The extension of the business combination deadline indicates ongoing confidence in finding a suitable merger target, potentially affecting share value and investor sentiment.
Summary - Battery Future Acquisition Corp. (NYSE: BFAC.U) announced an additional contribution to its trust account to extend the deadline for its business combination. The share value is $0.024.
Why It Matters - The correction in the per-share amount affects the valuation of Battery Future Acquisition Corp., impacting investor sentiment and potential returns related to the business combination.