S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
NYSE:FSR

Fisker (FSR) Stock Price, News & Analysis

$0.43
-0.05 (-10.32%)
(As of 03/4/2024 ET)
Today's Range
$0.43
$0.57
50-Day Range
$0.43
$1.75
52-Week Range
$0.38
$7.70
Volume
204.92 million shs
Average Volume
58.61 million shs
Market Capitalization
$152.35 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.76

Fisker MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
534.0% Upside
$2.76 Price Target
Short Interest
Healthy
29.38% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.29mentions of Fisker in the last 14 days
Based on 50 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.77) to ($0.36) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.80 out of 5 stars

Auto/Tires/Trucks Sector

56th out of 80 stocks

Motor Vehicles & Car Bodies Industry

15th out of 28 stocks


FSR stock logo

About Fisker Stock (NYSE:FSR)

Fisker Inc. is a leading American electric vehicle manufacturer committed to creating sustainable mobility solutions. The company's mission is to build the world's most sustainable vehicles and disrupt the traditional automotive industry by offering compelling and stylish electric cars accessible to everyone.

Founded in 2016 by Henrik Fisker, a renowned automotive designer, Fisker Inc. is headquartered in Manhattan Beach, California, with additional locations in Michigan, Europe, and Asia. The company's product lineup includes the Fisker Ocean, a luxurious electric SUV; the Fisker Ronin, a high-performance electric sports car and the Fisker PEAR, an affordable agile CityEV commuter car.

Fisker's target market includes environmentally conscious consumers who value sustainability, performance, and style. The company has received several awards for its innovative and sustainable approach to car design, including the 2021 Sustainable Innovation Award from the World Finance Magazine.

Fisker's leadership team is led by Henrik Fisker, who serves as the company's Chairman and Chief Executive Officer. Henrik Fisker is a seasoned automotive executive with previous senior leadership positions at BMW and Aston Martin. He is widely recognized as one of his generation's most influential automotive designers, having designed iconic cars such as the BMW Z8 and the Aston Martin DB9.

The rest of Fisker's management team includes experienced executives with engineering, finance, and marketing backgrounds. Notably, the company recently appointed Dr. Burkhard Huhnke as its Chief Technology Officer. Dr. Huhnke brings more than 30 years of experience in automotive engineering and technology, having previously worked at Volkswagen, Ford, and General Motors.

Fisker went public in October 2020 through a merger with a special purpose acquisition company (SPAC). The company's financial performance since going public has been mixed. Fisker has reported revenue losses that have increased yearly since the company's initial public offering. The company's cash position and cash flow are also negative, providing little liquidity for the company's growth initiatives or debt repayment.

Fisker's valuation has fluctuated since the company went public. The company's market capitalization has been falling, and the price-to-sales ratio is higher than industry averages. Fisker's valuation has also been decreasing recently.

Fisker's stock performance has been volatile since the company went public. The stock reached a high of $26.71 in February 2021, shortly after the company announced a partnership with Foxconn to develop electric vehicles, but it has since fallen to all-time lows. The decline in Fisker's stock price has been driven by a combination of factors, including delays in the launch of the Fisker Ocean and increased competition in the electric vehicle industry.

The electric vehicle industry is highly competitive and rapidly evolving. Fisker faces stiff competition from established automakers such as Tesla, General Motors, and Ford and newer entrants such as Lucid Motors and Rivian. Fisker's competitive advantage lies in its focus on sustainable design and its commitment to making electric vehicles more accessible to consumers.

Fisker Inc. has several growth opportunities that it can pursue to expand its business. The company launched a new electric vehicle, the Fisker Ocean, in 2022. The Fisker Ocean is an affordable electric SUV that competes with Tesla's Model Y. The company sold out of production models of the Fisker Ocean in 2022.

The company plans to expand its presence in China, the world's largest market for electric vehicles. Fisker Inc. has signed a long-term manufacturing agreement with Hong Kong-based Magna Steyr to produce the Fisker Ocean in China. This will enable the company to take advantage of the country's growing demand for electric vehicles.

Fisker Inc. is also exploring opportunities to collaborate with other companies in the automotive industry. For example, the company has agreed with Foxconn, the Taiwanese electronics manufacturer, to develop a new electric vehicle. This partnership will enable Fisker Inc. to leverage Foxconn's electronics manufacturing and supply chain management expertise to market its electric vehicles faster.

Fisker Inc. faces several risks and challenges that could impact its future performance. One of the main risks is the intense competition in the electric vehicle market. The company faces stiff competition from established players like Tesla and new entrants like Rivian.

The success of Fisker Inc.'s growth initiatives, such as the launch of two new designs and expansion into China, is not guaranteed. The company will need to execute these initiatives effectively to generate revenue and profits.

Changes in government regulations and incentives could impact the demand for electric vehicles. The government may reduce or eliminate electric vehicle incentives, which could impact Fisker Inc.'s sales.

FSR Stock Price History

FSR Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Fisker EV Fallout: Who Is Next
FSR Apr 2024 1.500 call
Fisker (NYSE:FSR) Stock Rating Reaffirmed by R. F. Lafferty
Fisker (NYSE:FSR) Rating Reiterated by Citigroup
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
RF Lafferty Downgrades Fisker (FSR)
Fisker Full Year 2023 Earnings: Misses Expectations
Why Fisker Stock Plunged Today
Fisker just downgraded at R.F. Lafferty, here's why
Fisker stock drops on production miss, layoffs
Is Fisker on the Brink of Death?
Why Is Fisker (FSR) Stock Down 38% Today?
See More Headlines
Receive FSR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Fisker and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
11/13/2023
Today
3/05/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
Automobile Manufacturers
Fax
N/A
Employees
1,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.76
High Stock Price Target
$8.00
Low Stock Price Target
$0.80
Potential Upside/Downside
+534.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
9 Analysts

Profitability

Net Income
$-761,990,000.00
Net Margins
-278.72%
Pretax Margin
-637.40%

Debt

Sales & Book Value

Annual Sales
$272.89 million
Book Value
$1.50 per share

Miscellaneous

Free Float
258,220,000
Market Cap
$152.35 million
Optionable
Optionable
Beta
0.71
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

Key Executives

  • Mr. Henrik  FiskerMr. Henrik Fisker (Age 61)
    President, Chairman & CEO
    Comp: $783.25k
  • Dr. Geeta Gupta-Fisker (Age 50)
    CFO, COO & Director
    Comp: $778.59k
  • Mr. Mitchell S. Zuklie J.D. (Age 54)
    Secretary & Independent Director
    Comp: $10k
  • Mr. Angel Salinas
    Chief Accounting Officer
  • Mr. David Jeremy King (Age 60)
    Chief Technology Officer
  • Mr. Eric Goldstein
    Head of Investor Relations
  • Ms. Kristi Katsma
    Senior Vice President of Legal & Commercial Affairs
  • Mr. Corey M. MacGillivray
    Vice President of Securities, Governance , Compliance & Company Secretary
  • Mr. Matthew DeBord
    Senior Director of Communication Strategy & Storytelling
  • Mr. Christian Marti (Age 58)
    Senior Vice President of Marketing, Sales & Service (Europe)














FSR Stock Analysis - Frequently Asked Questions

Should I buy or sell Fisker stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fisker in the last year. There are currently 4 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" FSR shares.
View FSR analyst ratings
or view top-rated stocks.

What is Fisker's stock price target for 2024?

9 analysts have issued 12-month price targets for Fisker's shares. Their FSR share price targets range from $0.80 to $8.00. On average, they expect the company's share price to reach $2.76 in the next year. This suggests a possible upside of 534.0% from the stock's current price.
View analysts price targets for FSR
or view top-rated stocks among Wall Street analysts.

How have FSR shares performed in 2024?

Fisker's stock was trading at $1.75 at the start of the year. Since then, FSR shares have decreased by 75.2% and is now trading at $0.4346.
View the best growth stocks for 2024 here
.

When is Fisker's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our FSR earnings forecast
.

How were Fisker's earnings last quarter?

Fisker Inc. (NYSE:FSR) released its quarterly earnings data on Monday, November, 13th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.19) by $0.08. The business had revenue of $71.80 million for the quarter, compared to analysts' expectations of $143.10 million. Fisker had a negative trailing twelve-month return on equity of 110.93% and a negative net margin of 278.72%. The company's quarterly revenue was up 512757.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.47) EPS.

Who are Fisker's major shareholders?

Fisker's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.66%), FIFTHDELTA Ltd (5.51%), Wolverine Asset Management LLC (0.00%), Citadel Advisors LLC (0.00%), Whitebox Advisors LLC (0.00%) and Goldman Sachs Group Inc. (0.39%). Insiders that own company stock include Burkhard J Huhnke, Energy Acquisition Spo Spartan, Geeta Gupta, Henrik Fisker, John C Iv Finnucan, Ltd Fifthdelta, Mitchell Zuklie, Simone Wu and Wendy J Greuel.
View institutional ownership trends
.

How do I buy shares of Fisker?

Shares of FSR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FSR) was last updated on 3/5/2024 by MarketBeat.com Staff