The Benchmark Company lifts Faraday Future Intelligent Electric Inc [FFIE] price estimate. Who else is bullish?

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Faraday Future Intelligent Electric Inc [NASDAQ: FFIE] jumped around 0.09 points on Monday, while shares priced at $2.87 at the close of the session, up 3.24%.

Compared to the average trading volume of 8.80M shares, FFIE reached a trading volume of 7527630 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about 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 0.93, with the Price to Sales ratio for FFIE stock in the period of the last 12 months amounting to 29.34. The Price to Book ratio for the last quarter was 0.21, with the Price to Cash per share for the same quarter was set at 0.12.

How has FFIE stock performed recently?

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 -7.42. With this latest performance, FFIE shares dropped by -47.72% in over the last four-week period, additionally sinking by -24.31% over the last 6 months – not to mention a drop of -98.16% 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 34.94, with the RSI for the last a single of trading hit 33.54, and the three-weeks RSI is set at 37.40 for Faraday Future Intelligent Electric Inc [FFIE]. The present Moving Average for the last 50 days of trading for this stock 7.05, while it was recorded at 2.87 for the last single week of trading, and 13.54 for the last 200 days.

Faraday Future Intelligent Electric Inc [FFIE]: Deeper insight into the 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.

Earnings analysis for Faraday Future Intelligent Electric Inc [FFIE]

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.

Insider trade positions for Faraday Future Intelligent Electric Inc [FFIE]

There are presently around $17.73%, or 17.92%% of FFIE stock, in the hands of institutional investors.

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