FREYR Battery (FREY) Stock Forecast, Price Target & Predictions
FREY Stock Forecast
FREYR Battery stock forecast is as follows: an average price target of $19.00 (represents a 1781.19% upside from FREY’s last price of $1.01) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
FREY Price Target
The average price target for FREYR Battery (FREY) is $19.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $13.00. This represents a potential 1781.19% upside from FREY's last price of $1.01.
FREY Analyst Ratings
According to 3 Wall Street analysts, FREYR Battery's rating consensus is 'Buy'. The analyst rating breakdown for FREY stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
FREYR Battery Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 29, 2023 | Adam Jonas | Morgan Stanley | $13.00 | $9.14 | 42.23% | 1187.13% |
| Sep 22, 2022 | Adam Jonas | Morgan Stanley | $26.00 | $15.77 | 64.87% | 2474.26% |
| Sep 01, 2022 | - | BTIG | $25.00 | $14.24 | 75.56% | 2375.25% |
| Aug 24, 2022 | Philipp Konig | Goldman Sachs | $19.00 | $10.57 | 79.75% | 1781.19% |
| Jun 21, 2022 | Philipp Konig | Goldman Sachs | $8.00 | $7.41 | 7.96% | 692.08% |
The latest FREYR Battery stock forecast, released on Jun 29, 2023 by Adam Jonas from Morgan Stanley, set a price target of $13.00, which represents a 42.23% increase from the stock price at the time of the forecast ($9.14), and a 1187.13% increase from FREY last price ($1.01).
FREYR Battery Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $1.01 | $1.01 | $1.01 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of FREYR Battery stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to FREYR Battery's last price of $1.01. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jan 12, 2023 | Goldman Sachs | Buy | Buy | Hold |
| Sep 22, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| Sep 01, 2022 | BTIG | Buy | Buy | Hold |
| Aug 24, 2022 | Goldman Sachs | Neutral | Buy | Upgrade |
| Jun 21, 2022 | Goldman Sachs | - | Neutral | Initialise |
FREYR Battery's last stock rating was published by Goldman Sachs on Jan 12, 2023. The company gave FREY a "Buy" rating, the same as its previous rate.
FREYR Battery Financial Forecast
FREYR Battery Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $480.60M | $328.25M | $199.18M | $111.24M | $58.56M | $25.26M | $7.76M | $2.98M | $3.50M | $2.41M | $1.94M | $1.47M | $976.25K | $583.75K | $337.50K | $281.25K | $440.00K | $177.50K | $45.00K | $76.25K | $500.00K | $83.33K | $1.39M | $1.39M | $1.24M | $3.00M |
| High Forecast | $600.75M | $410.31M | $248.97M | $139.05M | $73.20M | $31.57M | $9.70M | $3.73M | $4.37M | $3.01M | $2.43M | $1.84M | $1.22M | $729.69K | $421.88K | $351.56K | $550.00K | $221.88K | $56.25K | $95.31K | $625.00K | $104.17K | $1.74M | $1.74M | $1.55M | $3.60M |
| Low Forecast | $390.49M | $266.70M | $161.83M | $90.38M | $47.58M | $20.52M | $6.30M | $2.42M | $2.84M | $1.96M | $1.58M | $1.20M | $793.20K | $474.30K | $274.22K | $228.51K | $357.50K | $144.22K | $36.56K | $61.95K | $406.25K | $67.71K | $1.13M | $1.13M | $1.01M | $2.40M |
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | - | - | - | - | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
FREYR Battery's average Quarter revenue forecast for undefined based on undefined analysts is $NaN, with a low forecast of $NaN, and a high forecast of $NaN. FREY's average Quarter revenue forecast represents a NaN% decrease compared to the company's last Quarter revenue of $NaN (undefined).
FREYR Battery EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | - | - | - | - | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-35.01M | $-53.16M | $-53.03M | $-27.54M | - |
| Avg Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-60.93M |
| High Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-48.75M |
| Low Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-73.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
undefined analysts predict FREY's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than FREYR Battery's previous annual EBITDA (undefined) of $NaN.
FREYR Battery Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | - | - | - | - | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-9.79M | $-12.90M | $84.11M | $-158.66M | - |
| Avg Forecast | - | - | - | - | - | - | - | - | $-23.72M | $-22.78M | $-22.63M | $-22.47M | $-22.42M | $-22.42M | $-22.42M | $-22.42M | $-25.92M | $-27.32M | $-25.92M | $-26.62M | $-34.18M | $-41.44M | $-40.43M | $-29.31M | $-41.44M | $9.05M |
| High Forecast | - | - | - | - | - | - | - | - | $-17.94M | $-17.23M | $-17.11M | $-16.99M | $-16.95M | $-16.95M | $-16.95M | $-16.95M | $-19.60M | $-22.77M | $-19.60M | $-20.13M | $-25.85M | $-31.33M | $-30.58M | $-22.17M | $-31.34M | $10.87M |
| Low Forecast | - | - | - | - | - | - | - | - | $-31.43M | $-30.18M | $-29.98M | $-29.78M | $-29.70M | $-29.70M | $-29.70M | $-29.70M | $-34.34M | $-33.39M | $-34.34M | $-35.27M | $-45.29M | $-54.90M | $-53.58M | $-38.84M | $-54.91M | $7.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.24% | 0.32% | -2.87% | 3.83% | - |
FREYR Battery's average Quarter net income forecast for Mar 23 is $-40.43M, with a range of $-53.58M to $-30.58M. FREY's average Quarter net income forecast represents a -148.07% decrease compared to the company's last Quarter net income of $84.11M (Dec 22).
FREYR Battery SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | - | - | - | - | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $27.77M | $30.00M | $29.47M | $25.12M | - |
| Avg Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| High Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Low Forecast | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
FREYR Battery's average Quarter SG&A projection for Dec 23 is -, based on 1 Wall Street analysts, with a range of - to -. The forecast indicates a -100.00% fall compared to FREY last annual SG&A of $27.77M (Sep 23).
FREYR Battery EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | - | 1 | - | - | - | - | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.08 | $-0.09 | $0.68 | $-1.36 | - |
| Avg Forecast | - | - | - | - | - | - | - | - | $-0.17 | $-0.16 | $-0.16 | $-0.16 | $-0.16 | $-0.16 | $-0.16 | $-0.16 | $-0.18 | $-0.20 | $-0.18 | $-0.19 | $-0.24 | $-0.30 | $-0.29 | $-0.21 | $-0.30 | $-0.26 |
| High Forecast | - | - | - | - | - | - | - | - | $-0.13 | $-0.12 | $-0.12 | $-0.12 | $-0.12 | $-0.12 | $-0.12 | $-0.12 | $-0.14 | $-0.16 | $-0.14 | $-0.14 | $-0.18 | $-0.22 | $-0.22 | $-0.16 | $-0.22 | $-0.26 |
| Low Forecast | - | - | - | - | - | - | - | - | $-0.22 | $-0.22 | $-0.21 | $-0.21 | $-0.21 | $-0.21 | $-0.21 | $-0.21 | $-0.25 | $-0.24 | $-0.25 | $-0.25 | $-0.32 | $-0.39 | $-0.38 | $-0.28 | $-0.39 | $-0.26 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.27% | 0.32% | -3.25% | 4.60% | - |
According to 0 Wall Street analysts, FREYR Battery's projected average Quarter EPS for Mar 23 is $-0.29, with a low estimate of $-0.38 and a high estimate of $-0.22. This represents a -142.44% decrease compared to FREY previous annual EPS of $0.68 (Dec 22).
FREY Forecast FAQ
Is FREYR Battery a good buy?
Yes, according to 3 Wall Street analysts, FREYR Battery (FREY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of FREY's total ratings.
What is FREY's price target?
FREYR Battery (FREY) average price target is $19 with a range of $13 to $25, implying a 1781.19% from its last price of $1.01. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will FREYR Battery stock go up soon?
According to Wall Street analysts' prediction for FREY stock, the company can go up by 1781.19% (from the last price of $1.01 to the average price target of $19), up by 2375.25% based on the highest stock price target, and up by 1187.13% based on the lowest stock price target.
Can FREYR Battery stock reach $2?
FREY's average twelve months analyst stock price target of $19 supports the claim that FREYR Battery can reach $2 in the near future.
What are FREYR Battery's analysts' financial forecasts?
FREYR Battery's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $94.55M (high $118.19M, low $76.82M), average EBITDA is $0 (high $0, low $0), average net income is $0 (high $0, low $0), average SG&A $0 (high $0, low $0), and average EPS is $0 (high $0, low $0). FREY's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $1.12B (high $1.4B, low $909.4M), average EBITDA is $0 (high $0, low $0), average net income is $0 (high $0, low $0), average SG&A $0 (high $0, low $0), and average EPS is $0 (high $0, low $0).