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Home โบ Stocks โบ Freyr Battery Inc. (FREY) Stock Forecast & Price Prediction United States | NYSE | Industrials | Electrical Equipment & Parts
$1.33
+0.05 (3.91%)Did FREY Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if FREYR is one of their latest high-conviction picks.
Based on our analysis of 8 Wall Street analysts, FREY has a bullish consensus with a median price target of $4.00 (ranging from $4.00 to $4.00). Currently trading at $1.33, the median forecast implies a 200.8% upside. This outlook is supported by 1 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for FREY.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Nov 14, 2023 | Morgan Stanley | Adam Jonas | Equal-Weight | Downgrade | $2.00 |
Nov 10, 2023 | BTIG | Gregory Lewis | Neutral | Downgrade | $0.00 |
Nov 10, 2023 | B of A Securities | Julien Dumoulin-Smith | Underperform | Downgrade | $1.90 |
Oct 25, 2023 | TD Cowen | Gabe Daoud | Market Perform | Downgrade | $0.00 |
Jul 18, 2023 | Goldman Sachs | Philipp Konig | Neutral | Downgrade | $10.00 |
Jun 29, 2023 | Morgan Stanley | Adam Jonas | Overweight | Upgrade | $13.00 |
Jun 20, 2023 | Goldman Sachs | Buy | Maintains | $0.00 | |
Feb 10, 2023 | B of A Securities | Julien Dumoulin-Smith | Buy | Initiates | $13.00 |
Jan 25, 2023 | Morgan Stanley | Adam Jonas | Equal-Weight | Downgrade | $13.00 |
Dec 7, 2022 | Credit Suisse | Maheep Mandloi | Outperform | Maintains | $18.00 |
Oct 31, 2022 | Cowen & Co. | Gabe Daoud | Outperform | Initiates | $0.00 |
Sep 22, 2022 | Morgan Stanley | Stephen Byrd | Overweight | Maintains | $26.00 |
Sep 21, 2022 | Morgan Stanley | Adam Jonas | Overweight | Maintains | $26.00 |
Sep 1, 2022 | BTIG | Gregory Lewis | Buy | Maintains | $25.00 |
Aug 25, 2022 | Goldman Sachs | Philipp Konig | Buy | Upgrade | $19.00 |
Dec 17, 2021 | Piper Sandler | Neutral | Initiates | $0.00 | |
Nov 18, 2021 | JP Morgan | Neutral | Initiates | $0.00 | |
Oct 12, 2021 | Credit Suisse | Outperform | Initiates | $0.00 | |
Aug 4, 2021 | Morgan Stanley | Overweight | Initiates | $0.00 | |
Aug 3, 2021 | BTIG | Buy | Initiates | $0.00 |
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Freyr Battery Inc. has a market capitalization of $241.82M with a P/E ratio of 0.0x. The company generates $2.94M in trailing twelve-month revenue with a 41.7% profit margin.
Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of -2,524.2% and return on equity of -18.4%.
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Produces advanced lithium-ion battery technology.
Freyr Battery Inc. generates revenue by developing and manufacturing lithium-ion batteries for key sectors such as transportation and energy storage. The company focuses on sustainable production processes and strategic partnerships, allowing it to capture market share in the growing demand for clean energy solutions and electric mobility.
Freyr Battery is strategically positioned to benefit from global trends towards decarbonization and energy efficiency, making it a significant player in the transition to sustainable energy infrastructures. The company's innovations support electric vehicles and renewable energy systems, which are critical in enhancing energy sustainability.
Industrials
Electrical Equipment & Parts
263
Mr. Daniel Barcelo C.F.A.
United States
2020
T1 Energy (NYSE: TE) announced a rebranding, changing its stock and warrant ticker symbols from โFREYโ and โFREY WSโ to โTEโ and โTE WS,โ effective immediately.
Ticker changes can impact liquidity and investor perception. A rebrand may signal strategic shifts, influencing stock performance and attracting new investment interest.
FREYR Battery is rebranding as T1 Energy Inc., with a new name, logo, and ticker symbol "TE" on the NYSE. The company aims to lead in U.S. solar and battery storage.
FREYR Battery's rebranding to T1 Energy Inc. signals a strategic shift towards vertical integration in solar and battery storage, potentially enhancing market positioning and investor interest.
FREYR Battery has chosen Austin, Texas, as its new global headquarters to align with its U.S. operations, coinciding with production ramp-up at its Wilmer solar module facility.
FREYR Battery's new headquarters in Austin aligns operations with strategy, enhancing production capabilities and potentially boosting growth, which could positively impact stock performance.
Demand for lithium batteries is increasing due to their use in devices like laptops, smartphones, and electric vehicles, driven by global shifts towards greener technologies.
Rising demand for lithium batteries, driven by green technology initiatives, signals potential growth in related sectors and impacts companies involved in battery production and EV manufacturing.
FREYR Battery (NYSE: FREY) has completed the acquisition of Trina Solar's 5 GW solar module manufacturing facility in Wilmer, Texas, which started production on November 1, 2024.
FREYR Battery's acquisition of Trina Solar's U.S. manufacturing assets expands its production capacity, enhancing growth potential and market positioning in the renewable energy sector.
The 'Undercovered' Dozen series features Veradigm Inc., seen as undervalued with potential upside, and Casey's General Stores, which has outperformed peers and the S&P 500 through strong strategy and execution.
Highlighting undervalued stocks like Veradigm can present buying opportunities, while Casey's strong performance suggests resilience and potential for continued growth, attracting investor interest.
Based on our analysis of 8 Wall Street analysts, Freyr Battery Inc. (FREY) has a median price target of $4.00. The highest price target is $4.00 and the lowest is $4.00.
According to current analyst ratings, FREY has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.33. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict FREY stock could reach $4.00 in the next 12 months. This represents a 200.8% increase from the current price of $1.33. Please note that this is a projection by Wall Street analysts and not a guarantee.
Freyr Battery Inc. generates revenue by developing and manufacturing lithium-ion batteries for key sectors such as transportation and energy storage. The company focuses on sustainable production processes and strategic partnerships, allowing it to capture market share in the growing demand for clean energy solutions and electric mobility.
The highest price target for FREY is $4.00 from at , which represents a 200.8% increase from the current price of $1.33.
The lowest price target for FREY is $4.00 from at , which represents a 200.8% increase from the current price of $1.33.
The overall analyst consensus for FREY is bullish. Out of 8 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $4.00.
Stock price projections, including those for Freyr Battery Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.