FREYR Battery (FREY) Stock Forecast & Price Target

$1.81

+0.18 (+11.04%)

(As of 12/1/2023 ET)

Today's Range: $1.66
▼
$1.87
50-Day Range: $1.43
▼
$5.13
52-Week Range: $1.40
▼
$12.58

Volume: 5.47 million shs
Average Volume: 5.20 million shs
Market Capitalization: $252.88 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.78

FREYR Battery Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 6 Analyst Ratings

Analysts' Consensus Price Target

$7.78
329.83% Upside

High Forecast	$18.00
Average Forecast	$7.78
Low Forecast	$1.90

Type	Current Forecast 12/3/22 to 12/3/23	1 Month Ago 11/3/22 to 11/3/23	3 Months Ago 9/4/22 to 9/4/23	1 Year Ago 12/3/21 to 12/3/22
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	3 Buy rating(s)	5 Buy rating(s)	7 Buy rating(s)
Hold	4 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$7.78	$12.20	$13.50	$21.50
Predicted Upside	329.83% Upside	50.06% Upside	45.01% Upside	70.89% Upside

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FREY Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FREY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

FREYR Battery Stock vs. The Competition

Type	FREYR Battery	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.00	2.56	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	329.83% Upside	442.73% Upside	2,853.20% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
11/14/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$13.00 ➝ $2.00	+14.94%
11/10/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Underperform	$13.00 ➝ $1.90	+26.67%
11/10/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
10/25/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$14.00 ➝ $7.00	+105.28%
7/18/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$14.00 ➝ $10.00	+3.95%
12/7/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	$19.00 ➝ $18.00	+55.44%

(Data available from 12/3/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

FREY Price Target - Frequently Asked Questions

What is FREYR Battery's consensus rating and price target?: According to the issued ratings of 6 analysts in the last year, the consensus rating for FREYR Battery stock is Hold based on the current 1 sell rating, 4 hold ratings and 1 buy rating for FREY. The average twelve-month price prediction for FREYR Battery is $7.78 with a high price target of $18.00 and a low price target of $1.90. Learn more on FREY's analyst rating history.
Do Wall Street analysts like FREYR Battery more than its competitors?: Analysts like FREYR Battery less than other Oils/Energy companies. The consensus rating for FREYR Battery is Hold while the average consensus rating for oils/energy companies is Moderate Buy. Learn more on how FREY compares to other companies.
Is FREYR Battery being downgraded by Wall Street analysts?: Over the previous 90 days, FREYR Battery's stock had 3 downgrades by analysts.

Does FREYR Battery's stock price have much upside?: According to analysts, FREYR Battery's stock has a predicted upside of 39.68% based on their 12-month stock forecasts.
What analysts cover FREYR Battery?: FREYR Battery has been rated by Bank of America, BTIG Research, Morgan Stanley, and TD Cowen in the past 90 days.

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This page (NYSE:FREY) was last updated on 12/3/2023 by MarketBeat.com Staff

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