Based on ratings from 0 stock analysts, the Faraday Future Intelligent Electric Inc. stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Faraday Future Intelligent Electric Inc.. 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 assignedFFIE 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Faraday Future Intelligent Electric Inc. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FFIE. 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 FFIE.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Michael Ward Benchmark | Speculative Hold | Downgrade | Aug 16, 2022 | |
Daniel Ives Wedbush | Neutral | $10 | Downgrade | Nov 16, 2021 |
Wedbush | Outperform | Initiates | Aug 17, 2021 |
When did it IPO
2021
Staff Count
505
Country
United States
Sector/Industry
Consumer Cyclical/Auto Manufacturers
CEO
Mr. Matthias Aydt
Market Cap
$53.5M
In 2023, FFIE generated $784,000 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that FFIE'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
Revenue From 2022
Revenue From 2023
Summary - Faraday Future announced that influencer Suede Brooks has signed a lease for an FF 91 2.0 Futurist Alliance EV. A vehicle delivery ceremony is planned soon.
Why It Matters - Suede Brooks' lease of an FF 91 2.0 enhances brand visibility and credibility, potentially attracting more customers and boosting sales for Faraday Future.
Summary - Faraday Future has appointed Dr. Lei Gu as President of FX Global EV R&D Center and Vehicle Line Executive for FX 6, enhancing its leadership in electric vehicle development.
Why It Matters - Dr. Lei Gu's appointment enhances Faraday Future's leadership in R&D, potentially improving vehicle safety and innovation, which could boost investor confidence and stock performance.
Summary - Faraday Future (NASDAQ: FFIE) commits to local sourcing for manufacturing equipment in Ras Al-Khaimah, UAE, enhancing regional partnerships and logistics for its upcoming manufacturing operations.
Why It Matters - Faraday Future's local sourcing for manufacturing in the UAE enhances operational efficiency, reduces costs, and strengthens regional partnerships, potentially boosting profitability and market competitiveness.
Summary - Faraday Future (NASDAQ: FFIE) announced it will receive 100 sets of Fuji vehicle body parts for FF 91 2.0 production and is optimizing its supplier network. The first Faraday X prototypes are ready for shipment to the U.S.
Why It Matters - Faraday Future's new shipment of vehicle parts and prototype readiness signals progress in production, which could enhance investor confidence and affect stock performance.
Summary - Faraday Future Intelligent Electric Inc. will change its Nasdaq ticker from "FFIE" to "FFAI" in early 2025, aligning with its focus on AI and the new FX brand strategy.
Why It Matters - The ticker change to "FFAI" reflects Faraday Future's strategic shift towards AI, potentially attracting investors interested in tech-focused mobility solutions and enhancing brand identity.
Summary - Northstar Clean Technologies (OTCMKTS: ROOOF) has secured an additional $2.7 million from its non-revolving loan facility with the Business Development Bank of Canada.
Why It Matters - Northstar Clean Technologies securing $2.7 million enhances liquidity, supports growth initiatives, and signals confidence from lenders, potentially boosting investor sentiment and stock performance.