InvestorsObserver is giving Faraday Future Intelligent Electric Inc (FFIE) an Analyst Rating Rank of 74, meaning FFIE is ranked higher by analysts than 74% of stocks. The average price target for FFIE is $21.5 and analyst’s rate the stock as a Strong Buy.
Wall Street analysts are rating FFIE a Strong Buy today. Find out what this means to you and get the rest of the rankings on FFIE!
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions **before** a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Faraday Future Intelligent Electric Inc Stock Today?
Faraday Future Intelligent Electric Inc (FFIE) stock is trading at $8.58 as of 11:11 AM on Friday, Nov 12, an increase of $0.09, or 1.06% from the previous closing price of $8.49. The stock has traded between $8.54 and $8.98 so far today. Volume today is below average. So far 864,127 shares have traded compared to average volume of 1,702,827 shares.
Click Here to get the full Stock Report for Faraday Future Intelligent Electric Inc stock.
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