Faraday Future Intelligent Electric Inc [NASDAQ: FFAI] stock went on an upward path that rose over 9436957% on Monday, amounting to a one-week price decrease of less than -8.00%.
Over the last 12 months, FFAI stock dropped by -43.21%. The one-year Faraday Future Intelligent Electric Inc stock forecast points to a potential downside of -8462.5. The average equity rating for FFAI stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $134.72 million, with 97.62 million shares outstanding and 91.65 million shares in the current float. Compared to the average trading volume of 8.22M shares, FFAI stock reached a trading volume of 9436957 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Faraday Future Intelligent Electric Inc [FFAI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FFAI 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 FFAI 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 FFAI stock.
The Price to Book ratio for the last quarter was 0.86, with the Price to Cash per share for the same quarter was set at 0.10.
FFAI Stock Performance Analysis:
Faraday Future Intelligent Electric Inc [FFAI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.00. With this latest performance, FFAI shares gained by 25.45% in over the last four-week period, additionally plugging by 22.12% over the last 6 months – not to mention a drop of -43.21% in the past year of trading.
Insight into Faraday Future Intelligent Electric Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Faraday Future Intelligent Electric Inc [FFAI] shares currently have an operating margin of -18903.99% and a Gross Margin at -9832.36%. Faraday Future Intelligent Electric Inc’s Net Margin is presently recorded at -37670.69%.
Return on Equity for this stock declined to -69.83%, with Return on Assets sitting at -69.83%.
Faraday Future Intelligent Electric Inc [FFAI] Institutonal Ownership Details
There are presently around $10.54%, or 11.23%% of FFAI stock, in the hands of institutional investors.
