Faraday Future Intelligent Electric Inc (FFIE) Misses Q1 EPS by 29c

Go back to Faraday Future Intelligent Electric Inc (FFIE) Misses Q1 EPS by 29c

Faraday Future Intelligent Electric Inc. (FFIE) PT Lowered to $10 at Benchmark

May 24, 2022 6:21 AM EDT

Benchmark analyst Michael Ward lowered the price target on Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) to $10.00 (from $20.00) while maintaining a Buy rating.

The analyst comments "FFIE reported a first quarter loss of $143 million at the EBITDA level, largely reflecting a step-up in... More