Forza X1, Inc. (FRZA)
NASDAQ: FRZA · IEX Real-Time Price · USD
0.410
-0.004 (-0.97%)
Apr 26, 2024, 10:12 AM EDT - Market open
Forza X1 Stock Forecast
FRZA's stock price has decreased by -65.51% 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 1,119.81% from the current stock price of 0.41.
Analyst Consensus: Strong Buy
* 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 | Mar '24 | Apr '24 |
|---|---|---|
| Strong Buy | 1 | 1 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
| Total | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| ThinkEquity | ThinkEquity | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | +1,119.81% | Sep 11, 2023 |
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
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.