Fast Radius, Inc. (FSRD)

NASDAQ: FSRD · IEX Real-Time Price · USD
0.480
-0.050 (-9.42%)
At close: May 24, 2022 4:00 PM
0.471
-0.009 (-1.875%)
After-hours:May 24, 2022 7:27 PM EDT
Market Cap35.50M
Revenue (ttm)26.27M
Net Income (ttm)-120.51M
Shares Out73.95M
EPS (ttm)-1.37
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume257,778
Open0.530
Previous Close0.530
Day's Range0.470 - 0.530
52-Week Range0.453 - 10.010
Betan/a
AnalystsBuy
Price Target4.08 (+749.8%)
Earnings DateMay 12, 2022

About FSRD

Fast RFast Radius,adius, Inc. offers additive manufacturing solutions including application discovery, product design and testing, production-grade manufacturing, and global fulfillment. The company offers additive thermoplastic, elastomeric, and metal manufacturing services. Additionally, it provides CNC machining, injection and cast urethane molding, and reverse engineering services. The company was founded in 2015 and is headquartered in Chicago, Illinois with an additional office in Singapore.

IndustrySoftware-Infrastructure
Founded2017
Employees325
Stock ExchangeNASDAQ
Ticker SymbolFSRD
Full Company Profile

Financial Performance

In 2021, Fast Radius's revenue was $20.01 million, an increase of 43.29% compared to the previous year's $13.97 million. Losses were -$67.88 million, 213.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for FSRD stock is "Buy." The 12-month stock price forecast is 4.08, which is an increase of 749.82% from the latest price.

Price Target
$4.08
(749.82% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Crain's Chicago Names Fast Radius a 2022 Fast 50 Company

Recognized for growth over the last five years and creating digital solutions for the manufacturing industry Recognized for growth over the last five years and creating digital solutions for the manufac...

4 days ago - GlobeNewsWire

Fast Radius Reports First Quarter 2022 Results, Raises 2022 Revenue Outlook

CHICAGO, May 12, 2022 (GLOBE NEWSWIRE) -- Fast Radius , Inc. (“Fast Radius”) (Nasdaq: FSRD), a cloud manufacturing and digital supply chain company, reported financial results for the first quarter ende...

1 week ago - GlobeNewsWire

Fast Radius Sets First Quarter 2022 Earnings Call for Thursday, May 12, 2022 at 9:00 a.m. ET

CHICAGO, May 02, 2022 (GLOBE NEWSWIRE) -- Fast Radius, Inc. (Nasdaq: FSRD), a cloud manufacturing company, will hold a conference call on Thursday, May 12 at 9:00 a.m. Eastern Time (8:00 a.m. Central Ti...

3 weeks ago - GlobeNewsWire

Fast Radius Reports Fourth Quarter and Full Year 2021 Results

CHICAGO, March 30, 2022 (GLOBE NEWSWIRE) -- Fast Radius , Inc. (“Fast Radius”) (Nasdaq: FSRD), a cloud manufacturing and digital supply chain company, reported financial results for the fourth quarter a...

1 month ago - GlobeNewsWire

Fast Radius Sets Fourth Quarter and Full Year 2021 Earnings Call for Wednesday, March 30, 2022 at 9:00 a.m. ET

CHICAGO, March 21, 2022 (GLOBE NEWSWIRE) -- Fast Radius, Inc. (Nasdaq: FSRD), a cloud manufacturing company, will hold a conference call on Wednesday, March 30 at 9:00 a.m. Eastern Time (8:00 a.m. Centr...

2 months ago - GlobeNewsWire

Fast Radius Expands Leadership Team and Appoints New General Counsel and Chief Accounting Officer

CHICAGO, March 15, 2022 (GLOBE NEWSWIRE) -- Fast Radius , Inc. (Nasdaq: FSRD), a cloud manufacturing company, today announced it has named Erin Stone as General Counsel and Corporate Secretary, and Jame...

2 months ago - GlobeNewsWire

Outdated Manufacturing Processes Result in Problems in Communication, Quality, and Transparency Across a $350B Market

Fast Radius' study, The Case for Cloud: Charting the Future of Custom Manufacturing, shows opportunities for digital transformation to improve custom manufacturing Fast Radius' study, The Case for Cloud...

3 months ago - GlobeNewsWire

FSRD Stock: 14 Things for Fast Radius Investors to Know as Shares Fly Post-SPAC Merger

Fast Radius (FSRD) stock is taking off on Friday as investors pike into the stock after the company went public earlier this month. The post FSRD Stock: 14 Things for Fast Radius Investors to Know as Sh...

3 months ago - InvestorPlace

Fast Radius Announces Completion of Merger with ECP Environmental Growth Opportunities Corp.

Fast Radius will trade on Nasdaq under ticker symbol “FSRD” Fast Radius will trade on Nasdaq under ticker symbol “FSRD”

3 months ago - GlobeNewsWire

ECP ENVIRONMENTAL GROWTH OPPORTUNITIES CORP. ANNOUNCES ADJOURNMENT OF SPECIAL MEETING OF STOCKHOLDERS

SUMMIT, N.J., Jan. 31, 2022 /PRNewswire/ -- ECP Environmental Growth Opportunities Corp. (Nasdaq: ENNV), a Delaware corporation ("ENNV"), today announced that it had entered into an amendment (the "Amen...

3 months ago - PRNewsWire

Fast Radius to Present at the 24th Annual Needham Growth Conference

CHICAGO, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Fast Radius , Inc. (“Fast Radius”), a cloud manufacturing and digital supply chain company, has been invited to present at the 24th Annual Needham Growth Confe...

4 months ago - GlobeNewsWire

Fast Radius Announces Nominees to the Post-Closing Board of Directors

Proposed new board includes leaders in the Fortune 500 technology and manufacturing spaces Proposed new board includes leaders in the Fortune 500 technology and manufacturing spaces

5 months ago - GlobeNewsWire

Custom Microfactories Help to Solve Supply Chain Woes

Fast Radius' Cloud Manufacturing Platform provides access to custom-built, state-of-the-art microfactories to enable next-generation supply chains Fast Radius' Cloud Manufacturing Platform provides acce...

5 months ago - GlobeNewsWire

Fast Radius to Host Virtual Investor Day on Tuesday, December 14, 2021 in Support of Business Combination with ECP En...

CHICAGO, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Fast Radius, Inc. (“Fast Radius”), a cloud manufacturing and digital supply chain company, today announced it will host a virtual Investor Day to support its p...

5 months ago - GlobeNewsWire

Fast Radius Reports Third Quarter 2021 Financial Highlights

Achieves record quarterly revenues and 139% growth over the third quarter 2020 Achieves record quarterly revenues and 139% growth over the third quarter 2020

6 months ago - GlobeNewsWire

Julie Springer Joins Fast Radius as Chief Marketing Officer

CHICAGO, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Fast Radius , Inc. (“Fast Radius”), a digital manufacturing and supply chain company, today announced the appointment of Julie Springer as Chief Marketing Offi...

6 months ago - GlobeNewsWire

HellermannTyton Leverages Fast Radius' Cloud Manufacturing Platform

To meet rigorous production timelines and save nearly $1 million in project costs, HellermannTyton leans into digital manufacturing To meet rigorous production timelines and save nearly $1 million in pr...

7 months ago - GlobeNewsWire

Fast Radius to Present at the 10th Annual Gateway Conference on September 8, 2021

CHICAGO, IL / ACCESSWIRE / August 31, 2021 / Fast Radius, Inc. ("Fast Radius"), a cloud manufacturing and digital supply chain company, which recently announced its business combination with ECP Environ...

8 months ago - Accesswire

SPAC acquires cloud manufacturing firm Fast Radius

Digital manufacturing and supply chain company Fast Radius Inc. said Monday it will be acquired by special-purpose acquisition company (SPAC) ECP Environmental Growth Opportunities Corp. (NASDAQ:ENNV) i...

10 months ago - FreightWaves

Fast Radius, a First-of-its-Kind Cloud Manufacturing and Digital Supply Chain Company, to List on NASDAQ through a Bu...

SUMMIT, N.J. and CHICAGO, July 19, 2021 /PRNewswire/ -- Fast Radius, Inc. ("Fast Radius"), a cloud manufacturing and digital supply chain company, and ECP Environmental Growth Opportunities Corp. (NASDA...

10 months ago - PRNewsWire