Fisker Inc. (NYSE: FSR) is -49.46% lower on its value in year-to-date trading and has touched a low of $7.95 and a high of $23.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FSR stock was last observed hovering at around $8.25 in the last trading session, with the day’s loss setting it -0.3% off its average median price target of $13.00 for the next 12 months. It is also 71.61% off the consensus price target high of $28.00 offered by 11 analysts, but current levels are 0.62% higher than the price target low of $8.00 for the same period.
Currently trading at $7.95, the stock is -8.99% and -13.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.09 million and changing -3.64% at the moment leaves the stock -29.84% off its SMA200. FSR registered -41.80% loss for a year compared to 6-month loss of -34.78%.
The stock witnessed a -6.80% gain in the last 1 month and extending the period to 3 months gives it a -14.33%, and is -13.11% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.07% over the week and 5.07% over the month.
Fisker Inc. (FSR) has around 396 employees, a market worth around $2.43B and $0.10M in sales. Distance from 52-week low is 0.00% and -66.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.60%).
Fisker Inc. (FSR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Fisker Inc. (FSR) is a “Overweight”. 11 analysts offering their recommendations for the stock have an average rating of 2.50, where 4 rate it as a Hold and 0 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
Fisker Inc. is expected to release its quarterly report on 11/02/2022.The EPS is expected to shrink by -238.80% this year
Fisker Inc. (FSR) Top Institutional Holders
The shares outstanding are 298.27M, and float is at 162.60M with Short Float at 28.07%.
Fisker Inc. (FSR) Insider Activity
A total of 19 insider transactions have happened at Fisker Inc. (FSR) in the last six months, with sales accounting for 0 and purchases happening 19 times. The most recent transaction is an insider sale by Huhnke Burkhard J., the company’s Chief Technology Officer. SEC filings show that Huhnke Burkhard J. sold 7,500 shares of the company’s common stock on Mar 14 at a price of $10.30 per share for a total of $77250.0. Following the sale, the insider now owns 6850.0 shares.
Fisker Inc. disclosed in a document filed with the SEC on Mar 09 that Zuklie Mitchell (Director) bought a total of 5,000 shares of the company’s common stock. The trade occurred on Mar 09 and was made at $11.36 per share for $56775.0. Following the transaction, the insider now directly holds 80226.0 shares of the FSR stock.
Still, SEC filings show that on Mar 09, Huhnke Burkhard J. (Chief Technology Officer) disposed off 6,639 shares at an average price of $11.00 for $73009.0. The insider now directly holds 14,350 shares of Fisker Inc. (FSR).