Litchfield Hills Research Forecasts FFAI FY2025 Earnings

Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) – Research analysts at Litchfield Hills Research issued their FY2025 earnings per share (EPS) estimates for Faraday Future Intelligent Electric in a report issued on Thursday, November 20th. Litchfield Hills Research analyst T. O’neill anticipates that the company will post earnings of ($3.67) per share for the year. Litchfield Hills Research has a “Buy” rating and a $5.00 price objective on the stock. Litchfield Hills Research also issued estimates for Faraday Future Intelligent Electric’s FY2026 earnings at ($1.26) EPS and FY2027 earnings at ($0.45) EPS.

FFAI has been the topic of a number of other research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Faraday Future Intelligent Electric in a report on Monday, November 17th. Zacks Research raised shares of Faraday Future Intelligent Electric to a “hold” rating in a research report on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of Faraday Future Intelligent Electric from a “hold” rating to a “sell” rating in a report on Friday, August 22nd. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $5.00.

Faraday Future Intelligent Electric Stock Up 7.7%

FFAI opened at $1.12 on Monday. The company has a market capitalization of $164.45 million, a PE ratio of -0.32 and a beta of 4.55. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.34 and a quick ratio of 0.24. Faraday Future Intelligent Electric has a fifty-two week low of $0.83 and a fifty-two week high of $4.46. The business has a 50-day moving average of $1.38 and a 200-day moving average of $1.69.

Institutional Trading of Faraday Future Intelligent Electric

Several large investors have recently modified their holdings of FFAI. Vanguard Personalized Indexing Management LLC acquired a new position in Faraday Future Intelligent Electric in the 3rd quarter valued at $26,000. Bank of America Corp DE acquired a new position in Faraday Future Intelligent Electric during the 3rd quarter worth $35,000. JPMorgan Chase & Co. bought a new stake in Faraday Future Intelligent Electric during the third quarter valued at about $48,000. Verition Fund Management LLC acquired a new stake in shares of Faraday Future Intelligent Electric in the third quarter valued at about $48,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Faraday Future Intelligent Electric in the third quarter worth about $54,000. 71.74% of the stock is owned by institutional investors.

Insider Transactions at Faraday Future Intelligent Electric

In related news, CEO Yueting Jia purchased 98,000 shares of the stock in a transaction on Monday, September 8th. The shares were bought at an average price of $1.81 per share, for a total transaction of $177,380.00. Following the completion of the acquisition, the chief executive officer directly owned 531,838 shares in the company, valued at approximately $962,626.78. This trade represents a 22.59% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.35% of the stock is owned by insiders.

About Faraday Future Intelligent Electric

Faraday Future Intelligent Electric Inc engages in the design, development, manufacture, engineering, sale, and distribution of electric vehicles and related products in the United States and internationally. The company was founded in 2014 and is headquartered in Gardena, California.