FREYR Battery (FREY)
NYSE: FREY · IEX Real-Time Price · USD
1.690
-0.080 (-4.52%)
At close: Jul 19, 2024, 4:00 PM
1.770
+0.080 (4.73%)
Pre-market: Jul 22, 2024, 5:20 AM EDT
FREYR Battery Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for FREYR Battery stock have an average target of 4.63, with a low estimate of 1.90 and a high estimate of 10. The average target predicts an increase of 173.96% from the current stock price of 1.69.
Analyst Consensus: Hold
* Price targets were last updated on Nov 14, 2023.
Analyst Ratings
The average analyst rating for FREYR Battery stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $13 → $2 | Buy → Hold | Downgrades | $13 → $2 | +18.34% | Nov 14, 2023 |
| B of A Securities | B of A Securities | Strong Buy → Sell Downgrades $13 → $1.9 | Strong Buy → Sell | Downgrades | $13 → $1.9 | +12.43% | Nov 10, 2023 |
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 10, 2023 |
| TD Cowen | TD Cowen | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 25, 2023 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $14 → $10 | Strong Buy → Hold | Downgrades | $14 → $10 | +491.72% | Jul 18, 2023 |
Financial Forecast
Revenue This Year
663.00K
Revenue Next Year
53.43M
from 663.00K
Increased by 7,958.52%
EPS This Year
-0.75
from -0.51
EPS Next Year
-1.21
from -0.75
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 88.2M | 14.7M | 12.1M | 99.3M | 1.2B |
| Avg | 53.4M | 14.3M | 8.2M | 96.5M | 1.1B |
| Low | 7.6M | 13.7M | 4.5M | 92.7M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | -72.5% | -15.4% | 1,111.2% | 1,117.7% |
| Avg | - | -73.3% | -42.6% | 1,076.6% | 1,083.5% |
| Low | - | -74.3% | -68.6% | 1,030.4% | 1,036.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.68 | -0.57 | -0.64 |
| Avg | -1.21 | -0.83 | -1.05 |
| Low | -2.39 | -1.12 | -1.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.