Forza X1, Inc. (FRZA)
NASDAQ: FRZA · IEX Real-Time Price · USD
0.371
-0.019 (-4.77%)
At close: May 17, 2024, 4:00 PM
0.394
+0.023 (6.31%)
Pre-market: May 20, 2024, 4:15 AM EDT

Forza X1 Stock Forecast

FRZA's stock price has decreased by -69.08% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Forza X1 stock has a target of 5.00, which predicts an increase of 1,247.71% from the current stock price of 0.37.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $5.00 $5.00 $5.00 $5.00
Change +1247.7% +1247.7% +1247.7% +1247.7%
* Price targets were last updated on Sep 11, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for Forza X1 is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Apr '24May '24
Strong Buy 11
Buy 00
Hold 00
Sell 00
Strong Sell 00
Total 11

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
ThinkEquity
ThinkEquity
Strong Buy
Initiates
$5
Strong Buy Initiates $5 +1,247.71% Sep 11, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
12.24M
from 37.12K
Increased by 32,875.91%
Revenue Next Year
n/a
from 12.24M
EPS This Year
n/a
from -0.44
EPS Next Year
n/a
Year 202220232024
Revenue
-37.12K12.24M
Revenue Growth
--32,875.91%
EPS
-0.44-0.44-
EPS Growth
---
No. Analysts --3
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024
High 12.6M
Avg 12.2M
Low 11.8M

Revenue Growth

Revenue Growth 2024
High
33,845.8%
Avg
32,875.9%
Low
31,582.7%

EPS Forecast

EPS 2024
High -
Avg -
Low -

EPS Growth

EPS Growth 2024
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.