FREYR Battery (FREY)
NYSE: FREY · IEX Real-Time Price · USD
1.650
-0.040 (-2.37%)
At close: Apr 18, 2024, 4:00 PM
1.660
+0.010 (0.61%)
After-hours: Apr 18, 2024, 5:56 PM 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 180.61% from the current stock price of 1.65.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 | +21.21% | 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 | +15.15% | 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 | +506.06% | Jul 18, 2023 |
Financial Forecast
Revenue This Year
1.73M
Revenue Next Year
53.43M
from 1.73M
Increased by 2,981.20%
EPS This Year
-0.84
from -0.51
EPS Next Year
-1.21
from -0.84
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 88.2M | 14.7M | 4.8M | 116.0M | 1.4B |
| Avg | 53.4M | 14.3M | 4.7M | 112.7M | 1.3B |
| Low | 7.6M | 13.7M | 4.5M | 108.3M | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | -72.5% | -66.2% | 2,372.9% | 1,120.8% |
| Avg | - | -73.3% | -67.1% | 2,302.2% | 1,085.3% |
| Low | - | -74.3% | -68.4% | 2,208.0% | 1,039.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.68 | -0.57 | -1.38 |
| Avg | -1.21 | -0.83 | -1.42 |
| Low | -2.39 | -1.12 | -1.44 |
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.