IPO Year: 2020
Exchange: NASDAQ
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/16/2022 | Buy → Hold | The Benchmark Company | |
11/16/2021 | $17.00 → $10.00 | Outperform → Neutral | Wedbush |
8/17/2021 | $17.00 | Outperform | Wedbush |
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that its first FX prototype mules have arrived at the Company's China headquarters. The prototype mules' delivery/shipping route will take it from Beijing to Los Angeles. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241119168575/en/First FX Prototype Mules Set to Be Shipped to FF's U.S. Headquarters, Kicking Off the Product Development and Testing Phase. (Photo: Business Wire) The shipment of the prototype mules marks the official la
FF has received the initial $250,000 annual license fee. The anticipated economic benefits for FF from this collaboration include a royalty fee equal to the greater of (a) 50% of the annual net profit from FF and FX ecosystem products and (b) 5% of net sales revenue from all relevant brand ecosystem products. FF will not be required to contribute any resources for development of branded products. Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced a comprehensive strategic licensing agreement with Grow Fandor, an IP commercialization com
Aiming at advancing the planned high-volume production and delivery of two models Signing formal agreements allows the Company to accelerate the planned high-volume production to fill the gap in the U.S. AIEV mass market including battery electric and range-extended vehicles The FX brand has entered the product research phase for delivery, the initial step for moving towards the goal of becoming the "Toyota of the AIEV era" Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that the Company's wholly owned subsidiary, Faraday X (FX), has
Max Will be Responsible for Executing the FX Strategy and Driving the Success of the New Brand. FF and FX Have Established Relationships with Four Chinese OEMs, Having Already Entered into Two Strategic Framework Agreements and Two Memoranda of Understanding. Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that long-time Company employee Xiao (Max) Ma has been appointed Global CEO of Faraday X aiEV Inc., a wholly owned subsidiary of the Company, effective immediately. In this role, Max will report directly to both FF Global CEO Matthias
FF Showcases Two Modified FF 91 2.0 Futurist Alliances at the 2024 Specialty Equipment Market Association (SEMA) Show Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has entered a non-binding Memorandum of Understanding (MOU) with JC Sportline. This collaboration aims to showcase the FF 91 2.0 with JC Sportline's enhancements, exploring potential future partnerships to leverage the strengths of both brands. The MOU is intended to outline the collaboration framework without binding either party beyond the scope of the agreement. FF's
Strategic FX Second Brand Launch, Completion of Strategic Realignment, and Significant Middle East Expansion Mark Transformative Quarter. Successfully Secured and Closed on $30 Million Financing. Regained Full Nasdaq Compliance. FX Brand Launch Targets Mass Market with Models Targeted in $20,000-$50,000 Range with Potential Roll Off the Assembly Line by the End of 2025, Subject to Securing Necessary Funding. FX Project in First Phase of Vehicle Development, With Related Work Underway to Achieve Phase One Milestones. FX Plans to Announce Progress and Next Steps Execution Plan Next Week. Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or the "Company
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("Faraday Future," "FF," or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that it is scheduled to have a conference call on its third quarter results for 2024 after market close on Wednesday, November 6, 2024, at 5:00 p.m. Pacific Time (8:00 p.m. Eastern Time). Interested investors and other parties can listen to a webcast of the conference call by logging onto the Investor Relations section of the Company's website at https://investors.ff.com/. A replay of the webcast will be available on the Company's website shortly thereafter. ABOUT FARADAY FUTURE Faraday Future
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that it will showcase two of its FF 91 2.0 Futurist Alliance EVs at this year's Specialty Equipment Market Association (SEMA) show to be held in Las Vegas, NV, from November 5-8. The vehicles, both production versions of the FF 91 2.0 Futurist Alliance, will be outfitted by well-known aftermarket outfitters and will showcase a range of distinct appearance modifications. This is first appearance of FF 91 2.0 at the prestigious SEMA show. Through this global gathering of automotive enthusiasts, we
Proceeds Will Help Advance FF and FX Dual-Brand Strategic Goals. Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("Faraday Future," "FF" or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, announced today that it has received the full net proceeds from the $30 million previously committed financing announced in September 2024. The initial closing occurred on September 12, 2024, and the second closing occurred on September 30, 2024. The proceeds, from investors in the Middle East, the United States, and Asia, were received in incremental tranches, with the final investment amounts received this week. For the FF brand, the net proceed
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has begun hiring for key positions for its second brand, Faraday X (FX), as it furthers its plans to realize its goal of launching its initial products by the end of 2025. Job openings for FX include Production Planning Director, Quality Planning Director, Head of FX Vehicle Engineering, and Head of FX EV R&D. If you are interested in exploring career opportunities with FX to help manifest the Company's next generation of mobility AIEV products, we encourage you to visit our career page a
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The Benchmark Company downgraded Faraday Future Intelligent Electric from Buy to Hold
Wedbush downgraded Faraday Future from Outperform to Neutral and set a new price target of $10.00 from $17.00 previously
Wedbush initiated coverage of Faraday Future Intelligent Electric with a rating of Outperform and set a new price target of $17.00
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Max Will be Responsible for Executing the FX Strategy and Driving the Success of the New Brand. FF and FX Have Established Relationships with Four Chinese OEMs, Having Already Entered into Two Strategic Framework Agreements and Two Memoranda of Understanding. Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that long-time Company employee Xiao (Max) Ma has been appointed Global CEO of Faraday X aiEV Inc., a wholly owned subsidiary of the Company, effective immediately. In this role, Max will report directly to both FF Global CEO Matthias
This ‘FX' Global Logo Co-Creation Initiative Contest follows the Sept. 19 FX event where Faraday Future officially kicked off its dual-brand strategy by announcing its second brand, Faraday X (FX), and its launch plan for the first batch of planned products. The new FX logo design should encompass the philosophy ‘Co-Create, an AIEV for Everyone' and capture the essence of FF's second brand. One Grand Prize winner will receive an offer for an FX Co-Creation Contract, valued at $30,000. Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced its ‘
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or "Company"), a California-based global shared intelligent electric mobility ecosystem company, reminds the public to register for its September 19 Launch Event where FF will further present its second brand strategy and Global Automotive Industry Bridge Strategy and discuss interim achievements. FF cordially invites stockholders, fans, and media to join Faraday Future's upcoming FF Second Brand Strategy and Global Automotive Industry Bridge Launch Event. The event will be held via an online meeting and livestream – Zoom link here: https://faradayfuture.zoom.us/j/81873133147?pwd=4oCSR9LBGGW0su4tVZEGZbNHVf9iCl.
The Launch Event will be held online on September 19. The public is invited to complete the first survey for the "Everyone's AI EV, You Decide" Co-Creation Campaign online. Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced the formal invitation for its September 19 Launch Event where FF will further present its second brand strategy and Global Automotive Industry Bridge Strategy and discuss interim achievements. At the same time, the Company also launched the first survey for the "Everyone's AI EV, You Decide" Co-Creation Campaign. FF's Glob
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF," "Faraday Future," or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that Tin Mok has assumed the new role of Head of FF UAE. Mr. Mok will lead efforts to engage with potential partners, and explore opportunities in strategic financing, business development, sales, and marketing in the UAE, as well as the potential future execution of the China-U.S. Automotive Bridge Strategy in the Middle East. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240827433432/en/Faraday Future Appoints Executive Director Tin Mok
- MGO Appointed as Independent Registered Public Accounting Firm - Faraday Future Intelligent Electric Inc. ("Faraday Future," "FF" or the "Company") (NASDAQ:FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Macias Gini & O'Connell LLP ("MGO") as its independent auditor. MGO succeeds Mazars USA LLP, which was the Company's independent registered public accounting firm until May 31, 2024. MGO is an Accounting Today top 50 global assurance, tax, and advisory CPA firm headquartered in California. Their appointment is effective June 21, 2024, and will be submitted for stockholder ratification at the next annual meetin
Faraday Future Intelligent Electric Inc. ("Faraday Future" or the "Company") (NASDAQ:FFIE), a California-based global shared intelligent electric mobility ecosystem company, today released the following statement regarding a recent social media post: The Company is aware that a video relating to the Company has been released on a social media outlet in China by YT Jia, in his individual capacity and not in his capacity as an officer of the Company. The statements made in the video have not been approved by the Company and none of such statements should be attributed or attributable to the Company. Further, while the Company understands that the video indicates contemplation by Mr. Jia of
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("Faraday Future", "FF" or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced the Company's Board of Directors has appointed Scott Graziano as Global General Counsel; he will be based at the Company's Gardena, California, main campus near Los Angeles, effective immediately. In his new role, Mr. Graziano will report to the CEO of FF, and will serve on the Company's executive leadership team. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230925744903/en/Faraday Future Appoints Scott Graziano, Senior Legal Executive wi
- Current Global CEO, Xuefeng Chen (XF), will remain as CEO of FF China and will assume a new additional role as EVP of Global Industrialization. Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("Faraday Future", "FF" or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced the Company's Board of Directors has appointed long term FF executive Matthias Aydt, Global CEO of Faraday Future, effective September 29, 2023. Also effective September 29, 2023, current Global CEO Xuefeng Chen (XF) will resume his prior position as FF China CEO, based in China and will take a new role as FF's EVP of Global Industrialization. This press r
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Jonathan Maroko as Interim Chief Financial Officer (CFO), effective July 24, 2023, replacing Yun Han, who will continue in her role as the Company's Chief Accounting Officer (CAO), effective July 5, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230711114104/en/Faraday Future Announces Appointment of Jonathan Maroko as Interim Chief Financial Officer (Photo: Business Wire) Prior to joining Faraday Future, Mr. Marok
Strategic FX Second Brand Launch, Completion of Strategic Realignment, and Significant Middle East Expansion Mark Transformative Quarter. Successfully Secured and Closed on $30 Million Financing. Regained Full Nasdaq Compliance. FX Brand Launch Targets Mass Market with Models Targeted in $20,000-$50,000 Range with Potential Roll Off the Assembly Line by the End of 2025, Subject to Securing Necessary Funding. FX Project in First Phase of Vehicle Development, With Related Work Underway to Achieve Phase One Milestones. FX Plans to Announce Progress and Next Steps Execution Plan Next Week. Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or the "Company
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("Faraday Future," "FF," or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that it is scheduled to have a conference call on its third quarter results for 2024 after market close on Wednesday, November 6, 2024, at 5:00 p.m. Pacific Time (8:00 p.m. Eastern Time). Interested investors and other parties can listen to a webcast of the conference call by logging onto the Investor Relations section of the Company's website at https://investors.ff.com/. A replay of the webcast will be available on the Company's website shortly thereafter. ABOUT FARADAY FUTURE Faraday Future
Major Cost Control Initiatives Drive Meaningful Improvement Year-Over-Year. Commitment to Continued Production and Deliveries While Maintaining Financial Discipline. FF is Building FF 91 Vehicle Bodies In-House at a Significant Cost Savings. Raised Approximately $15.5 million. Ongoing Pursuit of Strategic Investors. Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF," "Faraday Future," or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced its financial results for its second quarter 2024 and is scheduled to have an earnings call on these results after market close on Wednesday, August 14, 2024 at 5:00 p.m. P
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FFIE" or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today released an open letter from its Board of Directors along with FFIE's Founder, YT Jia, thanking all stockholders for their ongoing support and asking all FFIE stockholders to vote at the Company's upcoming Annual Meeting of Stockholders to be held on July 31, 2024. Dear Fellow Faraday Future Stockholders, We, the Board of Directors of Faraday Future Intelligent Electric Inc., along with our Founder, YT Jia, are writing to express our sincere gratitude for your ongoing support and to highlight the importance of your vote
Company Transformed Business to Production and Revenue-Generation Phase with FF 91 2.0 EV in 2023. Realized Revenue for 2023 and Reduced Operating Loss, Cash Used In Operating Activities, while improving Composition of Balance Sheet as Compared With Fiscal 2022. Company Committed to increased production and deliveries while maintaining financial discipline. Continues Pursuit of Additional Significant Strategic Investors to Drive Future Growth. Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("FF", "Faraday Future", or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced its financial results for its fourth quarter
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("Faraday Future," "FF," or the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that it is scheduled to have a conference call on its fourth quarter and full year 2023 results after market close on Tuesday, May 28, 2024 at 5:00 p.m. Pacific Time (8:00 p.m. Eastern Time). Interested investors and other parties can listen to a webcast of the conference call by logging onto the Investor Relations section of the Company's website at https://investors.ff.com/. A replay of the webcast will be available on the Company's website shortly thereafter. ABOUT FARADAY FUTURE Faraday
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) (the "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that it will publish a stockholder letter regarding its third quarter 2023 results after market close on Monday, November 13, 2023, followed by a conference call at 4:30 p.m. Pacific Time (7:30 p.m. Eastern). Additionally, the Company will host an investor day at its global headquarters in Los Angeles, California on November 15. The earnings call and investor day presentation will be available on the Investor Relations section of the Company's website at https://www.ff.com/. A replay of both events will be available sho
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("Faraday Future," "FF," or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that the Company will publish a shareholder letter containing its second quarter 2023 results after market close on Monday, August 21, 2023, to be followed by a conference call at 4:30 p.m. Pacific Time (7:30 p.m. Eastern) on the same day. Interested investors and other parties can listen to a webcast of the conference call by logging onto the Investor Relations section of the Company's website at https://www.ff.com/. A replay of the webcast will be available shortly thereafter. Customers can preo
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("Faraday Future," "FF," or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced that the Company will release its first quarter 2023 results after market close on Thursday, May 11, 2023, to be followed by a conference call at 4:30 p.m. Pacific Time (7:30 p.m. Eastern) on the same day. Interested investors and other parties can listen to a webcast of the live conference call by logging onto the Investor Relations section of the Company's website at https://www.ff.com/. A replay of the webcast will be available shortly thereafter. Customers can preorder an FF 91 via the FF Inte
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("Faraday Future", "FF" or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced the updated timing for start of deliveries of its FF 91 vehicle to users, including its three-phase delivery plan for its FF 91 vehicle, and date of its first vehicle coming off the production line. This also marks the first event of the Company's final launch and delivery campaign and a new chapter in the Company's development. The off-the-line event will be webcast via FF intelligent APP, FF.com, and all the FF social channels on April 14th at 6:00 pm PDT. Certain of the Company's suppliers informe
Electric vehicle stocks fell across the board, with the decline mostly due to the broader market pullback this week. Tesla, Inc. (NASDAQ:TSLA) extended its weekly declines ahead of next week’s earnings release. Here’s a run down on what happened in the EV space during the week: Tesla Raises Prices: The not-so-successful price-cutting strategy has been discontinued at least for now, with Tesla announcing $2,000 price increases for all variants of the Model S and Model X EVs in U.S. this week. The prices of these models were also hiked in Canada. The company, however, is persisting with its incentives and liberal financing options. Tesla influencer Sawyer Merritt reported that Tesla has
Most electric vehicle stocks advanced along with the broader market in the week that ended on July 12, catching up with market leader Tesla, Inc.’s (NASDAQ:TSLA) gain in the previous week. The Elon Musk-led company’s shares stumbled after a 11-session winning streak. Here are the key events that happened in the EV space during the week: See Also: Best Electric Vehicle Stocks Musk Tightlipped On Robotaxi Rumors: Tesla shares were going strong and completed a 11-session winning-streak on Wednesday but reversed course on Thursday, stung by a report that said the EV maker would push back the robotaxi launch event by two months. The stock fell over 8% during the session before recovering
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Consumer Discretionary sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume TSLA CALL SWEEP BEARISH 07/12/24 $260.00 $56.8K 16.6K 132.6K AMZN CALL TRA
Most electric vehicle stocks advanced in the week that ended on July 5, led by market leader Tesla, Inc. (NASDAQ:TSLA), with the broader market strength also contributing to the upside. Tesla shares are now in the green after the company reported better-than-feared deliveries. Here are the key events that happened in the EV space during the week: Tesla Knocks Off Lowered Number: After prolonged weakness, Tesla shares turned the corner, thanks to a second-quarter deliveries report that came in better than expectations. Analysts attributed the positive number to the lavish financing options facilitated by the company. Skeptics weren’t impressed as they pointed to the sharply lowered esti
Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers. Here is a look at the most-searched stocks on Benzinga Pro during the month of June. Current prices and year-to-date performances are based on June 30 and do not include dividends. April search results were not tracked. 1. NVIDIA Corporation (NASDAQ:NVDA) Price: $123.54 52-Week Range: $39.23 to $140.76 Year-to-Date Return: +149.5% January/February/March Search Rank: 3rd/1st/1st May Search Rank: 2nd 2. GameStop Corporation (NYSE:GME) Price: $24.69 52-Week Range: $9.95 to $64.83
The electric-vehicle space saw a major deal this week, which, along with the broader market strength, imparted some buoyancy. However, stocks closed the week on a mixed note. Here are the key events that happened in the EV space during the week: Can Tesla Clear Lowered Bar? Tesla, Inc. (NASDAQ:TSLA) investors will be on pins and needles, as the company prepares to release its second-quarter deliveries, most likely on Tuesday. Future Fund’s Gary Black said he sees a decent chance of upside surprise given the muted expectations. He noted that the consensus calls for a 6% year-over-year decline in deliveries to 440,000 units, while whisper numbers are around 420,000 units. The fund ma
Faraday Future Intelligent Electric Co. (NASDAQ:FFIE) has plummeted 98.95% over the past year and 13.38% year-to-date but is currently exhibiting promising technical signals. Faraday Future’s stock price stands at 57 cents, above its 5, 20, and 50-day exponential moving averages (EMAs), signaling a bullish trend. Chart: Benzinga Pro It is also trading above its: 8-day simple moving average (SMA): 44 cents 20-day SMA: 51 cents 50-day SMA: 47 cents Chart: Benzinga Pro A Bollinger Bands analysis also suggests a bullish outlook, with a 25-day range between 12 cents and $1.05, indicating potential gains. Also Read: What’s Going On With Faraday Future Shares?
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Consumer Discretionary sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume AMZN CALL SWEEP BULLISH 07/05/24 $185.00 $30.1K 5.9K 5.2K FFIE CALL TRADE