Fisker Inc. Announces Second Quarter 2022 Financial Results
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Morgan Stanley Downgrades Fisker (FSR) to Equalweight
August 5, 2022 5:43 AM EDTMorgan 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 EDTFisker (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