Litchfield Hills Research reiterates Buy on Faraday Future, keeps $66 price target
Reuters2026/08/20 02:53- Litchfield Hills Research reiterated a Buy rating on Faraday Future with a 12-month price target of $66 per share.
- The August 19 report cited second-quarter execution in the EAI robotics rollout.
- Estimated 2026 revenue lifted to about $5.8 million from $4.5 million.
- Projected 2026 loss per share narrowed to $59.21 from $71.
- Report flagged upside if the company meets its target to ship 2,000 robots by end-2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Community Reacts As Pundit Claims XRP Will Be Priced At $2,953 By Q2 2027
Colgate-Palmolive (CL.US) plans to sell part of its personal care brands, with a total transaction amount possibly exceeding 1.1 billions USD.
According to sources familiar with the matter, Colgate is exploring the sale of some of its mass-market personal care brands. The company currently plans to divest only a few brands within its personal care business, and the combined sale price may exceed 1 billion dollars.
EdiliziAcrobatica announces shareholder meeting notice
Crypto prices
More
