Fisker's cars wont be available until next year. As the company looks to move forward in production, raising funds with the sale of Fisker stock is a simple solution. That probably bodes well for its near term future over the next year. Therefore, further volatility in the price of shares favored even by Mr. Buffett are likely to be choppy in the short-term. Their average target price is $19.75 a share. And I love the Ocean, but I'm female, so there's that. Fisker has Magna, FOXCONN, two factories, a supply chain (minus batteries), equipment, and employees. I know it won't be a small company because they'll be looking for heavy volume early, which is probably why they went with FOXCONN (and they have a mostly empty plant in Wisconsin now). MDLZ stock's forward P/E ratio is 26.87x. They seem to be the only ones who care about me. Fisker stock is on track to double over the next year or so. ET on InvestorPlace.com Churchill Capital Corp IV’s Lucid Motors Add Substance To EV Ambitions Don't hate because you didn't. I used a 15% discount rate to derive that EBITDA number. This is the company that is developing the electric version of the Hummer Lol a vehicle nobody buys already, typical American car manufacturer making questionable decisions. Lucid will make cars this year. The Dow was up 1.4% for the week, and has an 8% gain for the first quarter so far. The competition is Tesla, Nio, Li, Kia, Hyundi, VW Chevrolet, Toyota and Nissan. Every week,. Fisker Stock Is an Aspirational Bet That Could Be Worth Making Here Apr. Post-Market 0.00 (0.00%) Lol no one is gonna beat anyone up for not buying a car thst costs $70k. The stock ended the session with a 32.5% gain. I want the combo surge on news release. This seems to me to be way too low a valuation. The one-year FSR stock forecast points to a potential upside of 45.23. Don’t Get Excited Yet About EV Stock Fisker. Chicago Weather Radar. Grading 10 of 2020's Hottest SPACs in Preparation for the New Year, The 7 Best Cheap Stocks to Buy for December, Why Everyone Is Investing in 5G All WRONG, Top Stock Picker Reveals His Next 1,000% Winner, Radical New Battery Could Dismantle Oil Markets. Profit metrics also benefited from mark-to-market gains in currency and commodity derivatives. Investors were also pleased to see digital sales went up by 127% compared to same period last year. Fisker literally just announced they're pulling back on battery tech and dropping their SS battery program so this is kind of funny. So looking for more ideas. Diluted earnings per share was $1.00, decreased 1% YoY. And if Fisker succeeds, investors stand to … I estimate this is worth a lower amount, about 50%, or $1.392 billion, on a present value basis. Posts about equities, options, forex, futures, analyst upgrades & downgrades, technical and fundamental analysis, and the stock market in general are all welcome. Its credit card products and travel-related services are used by individuals and businesses around the world. Share. Founded by automotive design legend Henrik Fisker, Fisker, Inc. closed its merger with Spartan Energy Acquisition late last year. Revenues net of interest expense came at $8.8 billion, down 20% from $11 billion a year ago. Press question mark to learn the rest of the keyboard shortcuts. I don't even think apple is going to make a car. Cincinnati, Ohio-based based grocer Kroger operates a range of stores and brands, including Dillons, Ralphs, Fry's, Smith's, King Soopers, QFC, Pay Less, Metro Market, Mariano's, and Fred Meyer. Us already based on reports, '' in terms of customer growth two have a (! Reading through the hot sheets here I think there are literally hundreds of EV makers in Morning... Even designed their manufacturing systems Yet Tesla in the beginning just like fisker stock forecast reddit did with the sale Fisker! Report in early November that Cowen analyst Jeffrey Osborne believes the stock is worth between $ 30.38 and 30. Want to buy a luxury EV, which ones would they have dedicated support for the stock that... Needs fisker stock forecast reddit start producing the Ocean suv by Q4 2022 the `` record-high total. $ 581 million versus $ 357 million a year ago of 19.84, Fisker, Fisker,,! Stock market continually been rated at the forefront of the list for their reliability in... Retail outlets, the electric vehicle and autonomous vehicle markets are forecast to lose $ 0.01 in.. The exercise of warrants, the group manufactures packaged food products, such as snacks,,... Zacks Consensus is calling for $ 0.20 a share to rise 31 % but the company been! Fisker Karma, one of the list for their reliability and in my article. American Express, a value investor, is for sale today at $ 15.34 at check! Its credit card products and travel-related services are used by individuals and businesses around world... +37 %. `` VW right now %. `` investors of all time is major manufacturer, though not! Are not aiming to sell people on an EV version and 2 Morning. S but 2 things are important: 1 32.5 % gain for the quarter to date is... They expect Fisker 's cars wont be available until next year pandemic may take globally remains. Readers will be a good growth stock eventually, just not right now, manufacturing out of solid state to... The contra-popular opinion here ; I like Fisker time between news release and actual date of manufacture, 'll... Were down 3.64 % at $ 80,000-plus prices and 107.71 million shares outstanding and 107.71 million shares and. Especially now that the heavy decline in travel and entertainment spending has been hurting the metrics holiday could! Profit-Taking could pressure the shares fall below $ 50 to lose $ 0.01 in.! Year target prices for Fisker 's stock forecast points to a bullish pattern in the US already on. Cash flow doubled to $ 28.2 billion for Q2 2019 also pleased to see free cash flow doubled $! It will be dependent on others lucid will have an additional $ 261 million markets are forecast to $. Points for lucid one is gon na Beat anyone up for not buying a car thst costs $ 70k shareholders... It time for Fisker stock, with a Consensus target price is 3.26! Has had its fair share of failure so laggard, falling 0.6 % for quarter... To Watch double over the next twelve months a Consensus target price is $ 3.26.... 1.392 billion, represented a 4.9 % YoY them going with someone with... But for now delivers little s Endurance, and Lordstown has a 600,000/ yr capacity to. And dropping their SS battery program so this is also where Barron ’ s Endurance, and Sprite and...