|Bid||6.52 x 3000|
|Ask||6.59 x 3000|
|Day's range||6.27 - 6.57|
|52-week range||4.26 - 11.41|
|Beta (5Y monthly)||1.04|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Shares of electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) are accelerating higher to start the week. After the company announced news on Friday, investors are expressing their approval today. In addition, news from a legacy automaker regarding its EV plans is also contributing to the strong buying activity of Lucid Group (NASDAQ: LCID) and Fisker (NYSE: FSR).
After reversing more than 3% yesterday, investors are shifting gears and driving shares of Fisker (NYSE: FSR) higher today. As of 3:50 p.m. ET, shares of Fisker are up 5.3%. Uninterested in driving in the slow lane, Henrik Fisker, the company's CEO, indicated to investors that he's open to partnering with other companies to get drivers behind the wheels of Fisker's electric vehicles faster.
Electric car maker Fisker Inc is exploring collaboration with other companies to scale up market share faster, Chief Executive Henrik Fisker said on Wednesday. All three companies are still relatively small and are launching new product lines as larger rivals such as Tesla Inc, China's BYD and established global automakers are battling for sales by cutting prices. Fisker said the EV startup has 65,000 reservations for its Ocean SUV, which is being launched from a factory in Austria operated by a unit of Magna International Inc.
Investing.com -- Stocks in focus in premarket trade on Wednesday, May 17th. Please refresh for updates.
By Michael Elkins
Callaway Climate Insights Founder and Editor-in-Chief David Callaway joins Yahoo Finance Live to discuss underwhelming Q1 sales of electric vehicles worldwide, EV startups, supply chain issues, and the outlook for EV market growth.
(Bloomberg) -- Fisker Inc. is facing delays delivering its debut electric SUV to customers because of software integration problems, people familiar with the matter said.Most Read from BloombergTucker Carlson’s Twitter Move Wipes $235 Million From RumbleSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseTreasuries Advance After CPI; Stocks Edge Higher: Markets WrapThese Are the Best and Worst Airlines in the USThe
Shares of these clean energy stocks are powering down thanks to weaker-than-expected earnings reports.
(Reuters) -EV makers Fisker Inc, Nikola Corp and Lucid Group disappointed investors with dull quarterly results and production target cuts, sending their shares lower on Tuesday and deepening worries about weak demand and an ongoing price war. EV market leader Tesla Inc's move to slash prices and increase volume, as well as lower-priced electric models launched by traditional automakers have hurt startups including Lucid. Shares of SUV maker Fisker and truck maker Nikola Corp, which reported early on Tuesday, fell 7% and 13%, respectively.
Fisker Inc. (FSR) delivered earnings and revenue surprises of -35.71% and 98.85%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Shares of the company slumped 12% in premarket trading. The results follow weak earnings and a production outlook cut overnight from Lucid Group Inc, sending its stock tumbling 10%. Fisker now expects to produce between 32,000 and 36,000 units in 2023, compared with its previous target of 42,400 cars.
Investing.com -- Stocks in focus in premarket trade on Monday, May 9th. Please refresh for updates.
What happened Still basking in the afterglow of a major milestone reached by their company, Fisker (NYSE: FSR) investors traded the stock up on a new piece of encouraging news Monday. The electric vehicle (EV) maker's share price leaped more than 6% higher as a consequence, easily topping the basically flat performance of the S&P 500 index.
It is a busy week for EV earnings, with Lucid Group (LCID) missing estimates on Monday afternoon. Rivian (RIVN) and Fisker (FSR) post their quarterly results on Tuesday. But when it comes to EVs, there will always be one automaker that dominates the conversation: Tesla (TSLA). Barclays senior autos analyst Dan Levy told Yahoo Finance on Monday that the EV giant's price hike last week doesn't necessarily mean the previous string of price cuts are over. "We don't think that this is the floor" Levy said. "The most recent price hike may have just been a way to signal to consumers that there is a little bit of stability for now." Levy, who currently has an overweight rating on Tesla shares, points to Elon Musk's push for sales growth over profits backs up his premise. "There's probably going to have to be more price cuts to unlock that supply," Levy said. Be sure to listen to Akiko Fujita's entire interview with Levy here. KEY VIDEO MOMENTS: 0:18 Levy on why he doesn't believe this is the price floor for Tesla 0:49 Levy's view on Tesla stock and what investors should expect
Barclays Senior Autos Analyst Dan Levy joins Yahoo Finance Live to discuss the state of the EV market, the drop in Lucid shares, a look ahead to Rivian and Fisker earnings, the outlook for Tesla, and Warren Buffett's comments on the auto industry.
Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: U.S. hits pause on EV RFS plans; Tesla pumps prices as Ford slashes to compete; GM guilty of more than cutting jobs; and Fisker makes a special delivery.
What happened Investors breathed a large, collective sigh of relief at the latest news from electric vehicle (EV) manufacturer Fisker (NYSE: FSR) on Friday. The company finally delivered its first Ocean SUV, and the market expressed its happiness by trading the stock up by almost 7%.
Fox Factory Holding (FOXF) delivered earnings and revenue surprises of 1.69% and 2.58%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
The stock of EV start-up Fisker (NYSE: FSR) jumped more than 5% Thursday morning, extending a nearly 10% gain on Wednesday. As of 11:05 a.m. ET, Fisker shares remain higher by 4.6% on the day. This week, Fisker informed investors of a new partnership that offers a further glimpse into the company's strategy.
The partnership with the battery startup will help Fisker increase scale and adoption of its EVs in the United States and Europe, the electric car maker said, adding that Ample will share revenue related to the battery swapping mechanism. Fisker added that the initial customer for Ample-powered EVs will be fleet operators who are looking to "transition to electric mobility without economic or operational compromises." San Francisco-based Ample is part of a growing group of companies, including Chinese EV makers Nio and Xpeng, trying to revive and update an old idea: Leapfrog charging hurdles by offering quick battery swaps to EV owners concerned about running out of juice while driving.
In a much-needed respite for investors in Fisker (NYSE: FSR), the languishing electric vehicle (EV) stock went parabolic this week after the company provided a crucial business update that could be a game changer. Fisker stock was up a staggering 45% for the week as of Friday noon ET, according to data provided by S&P Global Market Intelligence. Earlier in the year, Fisker said it expected homologation tests for its all-electric SUV, Ocean, to complete in March, followed by regulatory approval that should pave the way for commercial sales of its first EV.
Thursday was an ideal day to be an investor in most electric vehicle (EV) stocks. A sunny forecast from a noted researcher lifted sentiment on major companies in the segment, among them Rivian Automotive (NASDAQ: RIVN), Lucid Group (NASDAQ: LCID), and Fisker Automotive (NYSE: FSR). The three stocks notched gains on the day of over 5%, 13%, and 9%, respectively.
Fisker Inc. (FSR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Fisker (NYSE: FSR) announced some important news today, and its stock is soaring as a result. Fisker stock is bouncing off a recent all-time low after the company said European regulators have certified its Ocean SUV for sale. Fisker will begin deliveries of its limited edition Ocean One on May 5 in Europe.
Shares of niche electric vehicle (EV) companies Canoo (NASDAQ: GOEV) and Fisker (NYSE: FSR) zoomed ahead on Tuesday. Canoo's share price motored ahead by 6.5% for the day and Fisker's gained nearly 9%, while the S&P 500 index sputtered to a 1.6% decline. The big carmaker reporting results was ever-influential General Motors (NYSE: GM), which notched a massive beat on the bottom line in the first quarter and raised its full-year guidance.