Wall Street Analyst Downgrade Faraday Future Intelligent Electric Inc [FFIE]. What else is Wall St. saying

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Faraday Future Intelligent Electric Inc [NASDAQ: FFIE] price plunged by -8.65 percent to reach at -$0.35.

The one-year FFIE stock forecast points to a potential upside of 100.0. The average equity rating for FFIE stock is currently 3.00, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Faraday Future Intelligent Electric Inc [FFIE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FFIE shares is $96000.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FFIE stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Benchmark Company have made an estimate for Faraday Future Intelligent Electric Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 16, 2022. The new note on the price target was released on November 16, 2021, representing the official price target for Faraday Future Intelligent Electric Inc stock. Previously, the target price had yet another raise to $17, while Wedbush analysts kept a Outperform rating on FFIE stock.

The Average True Range (ATR) for Faraday Future Intelligent Electric Inc is set at 1.46, with the Price to Sales ratio for FFIE stock in the period of the last 12 months amounting to 37.26. The Price to Book ratio for the last quarter was 0.27, with the Price to Cash per share for the same quarter was set at 0.12.

FFIE Stock Performance Analysis:

Faraday Future Intelligent Electric Inc [FFIE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -18.64. With this latest performance, FFIE shares dropped by -28.13% in over the last four-week period, additionally sinking by -5.96% over the last 6 months – not to mention a drop of -99.35% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FFIE stock in for the last two-week period is set at 35.65, with the RSI for the last a single of trading hit 33.73, and the three-weeks RSI is set at 38.15 for Faraday Future Intelligent Electric Inc [FFIE]. The present Moving Average for the last 50 days of trading for this stock 9.86, while it was recorded at 3.97 for the last single week of trading, and 15.31 for the last 200 days.

Insight into Faraday Future Intelligent Electric Inc Fundamentals:

Faraday Future Intelligent Electric Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.15 and a Current Ratio set at 0.26.

FFIE Stock EPS

With the latest financial reports released by the company, Faraday Future Intelligent Electric Inc posted -960/share EPS, while the average EPS was predicted by analysts to be reported at -768/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -192. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FFIE.

Faraday Future Intelligent Electric Inc [FFIE] Institutonal Ownership Details

There are presently around $1.38%, or 1.39%% of FFIE stock, in the hands of institutional investors.

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