Wall Street Zen Upgrades Faraday Future Intelligent Electric (NASDAQ:FFAI) to "Sell"

Key Points

• Wall Street Zen changed its rating on Faraday Future (NASDAQ:FFAI) to "Sell", and Weiss Ratings reaffirmed a "Sell (e+)", while the analyst consensus on MarketBeat remains a "Hold" with a $5.00 target.
• Shares dropped about 5.8%, opening at $0.37 with a market cap near $92.3M and a 12‑month range of $0.21–$3.61; the company shows weak liquidity (current ratio 0.46) and severely negative profitability (ROE -655.26%, net margin -72,891.05%), with analysts forecasting -1.19 EPS for the year.
• Institutional investors own roughly 71.74% of the stock, although recent institutional buys were relatively small (several new stakes under ~$50K apiece by firms including Vanguard Personalized Indexing, BofA, and JPMorgan).

Faraday Future Intelligent Electric (NASDAQ:FFAI - Get Free Report) was upgraded by equities research analysts at Wall Street Zen to a "sell" rating in a research note issued on Saturday.

Separately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Faraday Future Intelligent Electric in a research note on Friday, March 27th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Faraday Future Intelligent Electric has an average rating of "Hold" and a consensus price target of $5.00.

Faraday Future Intelligent Electric Stock Down 5.8%

Shares of FFAI opened at $0.37 on Friday. The company has a current ratio of 0.46, a quick ratio of 0.44 and a debt-to-equity ratio of 13.39. Faraday Future Intelligent Electric has a 12 month low of $0.21 and a 12 month high of $3.61. The stock's 50 day moving average is $0.37 and its two-hundred day moving average is $0.87. The firm has a market cap of $92.29 million, a P/E ratio of -0.20 and a beta of 5.58.

Faraday Future Intelligent Electric (NASDAQ:FFAI - Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $0.17 EPS for the quarter. Faraday Future Intelligent Electric had a negative return on equity of 655.26% and a negative net margin of 72,891.05%. Analysts predict that Faraday Future Intelligent Electric will post -1.19 earnings per share for the current fiscal year.

Institutional Trading of Faraday Future Intelligent Electric

Institutional investors have recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC acquired a new stake in shares of Faraday Future Intelligent Electric in the third quarter worth approximately $26,000. Bank of America Corp DE acquired a new stake in shares of Faraday Future Intelligent Electric in the third quarter worth approximately $35,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Faraday Future Intelligent Electric by 2,174.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 35,116 shares of the company's stock worth $36,000 after acquiring an additional 33,572 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of Faraday Future Intelligent Electric in the third quarter worth approximately $48,000. Finally, Verition Fund Management LLC acquired a new stake in shares of Faraday Future Intelligent Electric in the third quarter worth approximately $48,000. 71.74% of the stock is owned by institutional investors and hedge funds.

About Faraday Future Intelligent Electric

Faraday Future Intelligent Electric NASDAQ: FFAI is an American electric vehicle (EV) manufacturer focused on the development and production of high-performance intelligent electric vehicles. Leveraging a proprietary modular platform, the company aims to deliver a seamless and connected driving experience by integrating advanced hardware with its in-house software architecture. Faraday Future's vehicles are designed to offer luxury appointments, customizable digital displays, and autonomous driving capabilities, positioning the company in the premium segment of the EV market.

Since its founding in 2014, Faraday Future has unveiled its flagship FF 91 model, showcasing rapid acceleration, long-range battery performance, and over-the-air software updates.

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