fisker
ValueWalk
Fisker Inc. missed Q4 expectations but rocketed higher on production outlook.Profitability is in the forecast and has short-sellers closing positions.The current risk is that certification will take longer than expected and supply hurdles could impact production.5 stocks we like better than FiskerInterest in Fisker’s (NASDAQ:FSR) Ocean line of SUV crossovers has electrified the market. Although the company’s Q4 results were less than desirable, the company revealed growing interest in the vehicle which is excellent news for revenue, leverage, and eventual profitability. The Ocean, designed to ...
ValueWalk
Fisker is projected to hit its November 2022 production deadline.The company offers several compelling stories that set it apart from other EV makers.There are plans to open a U.S. manufacturing plant that will be producing cars by 2024.Investors should be advised that profitability is still likely to be years away.From late 2020 into 2021, the electric vehicle (EV) sector resembled the starting line of an auto race. It was a crowded field full of some established automakers like Ford (NYSE:F), General Motors (NYSE:GM) and Tesla (NASDAQ:TSLA). And there were some new companies loaded with pote...
ValueWalk
Only time will tell whether the electric SUV is unique enough to warrant a strong buy rating for FSR stockQ3 2020 hedge fund letters, conferences and morePeople have waited, and the time has finally come. Electric vehicle manufacturer Fisker (NYSE:FSR) finally came public through a reverse merger with Spartan Energy Acquisition, which means that SPAQ stock is gone and FSR stock is available for trading on the New York Stock Exchange.This transition from SPAQ to FSR was eagerly anticipated as EV stocks are a hot item in 2020. So are special purpose acquisition companies, or SPACs. FSR stock fit...
ValueWalk
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