Fisker Inc. Announces Second Quarter 2022 Financial Results

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Go back to Fisker Inc. Announces Second Quarter 2022 Financial Results

Morgan Stanley Downgrades Fisker (FSR) to Equalweight

August 5, 2022 5:43 AM EDT

Morgan Stanley analyst Adam Jonas downgraded Fisker (NYSE: FSR) from Overweight to Equalweight with a price target of $10.00 (from $15.00).

The analyst comments "We covered largely in-line results and a reiterated start of production (SOP) and cash burn guide in our reaction note. In this note we update our earnings forecasts and price target to reflect the need for... More

Fisker (FSR) Posts Slightly Smaller Q2 Loss

August 3, 2022 5:13 PM EDT

Fisker (NYSE: FSR) reported Q2 EPS of ($0.36), $0.05 better than the analyst estimate of ($0.41). Revenue for the quarter came in at $10 thousand versus the consensus estimate of $11.67 thousand.

Vehicle testing and validation phase progressing well; all 55 complete Fisker Ocean prototypes built and performing... More