FREYR BATTERY INC (FREY) Forecast, Price Target & Analyst Ratings
NYSE:FREY • US35834F1049
1.53 USD
-0.04 (-2.55%)
At close: Feb 28, 2025
1.52 USD
-0.01 (-0.65%)
After Hours: 2/28/2025, 8:04:01 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FREYR BATTERY INC (FREY).
Forecast Snapshot
Consensus Price Target
$4.08
+ 166.67% Upside
Next Earnings Forecast
Release DateMay 6, 2025
PeriodQ4 / 2024
EPS Estimate-$0.22
Revenue Estimate510K
ChartMill Buy Consensus
85.71%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$4.08
Upside
+ 166.67%
From current price of $1.53 to mean target of $4.08, Based on 7 analyst forecasts
Low
$4.04
Median
$4.08
High
$4.20
Price Target Revisions
1 Month
33.33%
3 Months
100.00%
Price Target Summary
7 Wall Street analysts provided a forecast for the next 12 months for FREY. The average price target is 4.08 USD. This implies a price increase of 166.67% is expected in the next year compared to the current price of 1.53.
The average price target has been revised upward by 100% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
85.71%
FREY was analyzed by 7 analysts. The buy percentage consensus is at 86. So analysts seem to be very confident about FREY.
In the previous month the buy percentage consensus was at a similar level.
FREY was analyzed by 7 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-11-14 | Morgan Stanley | Downgrade | Overweight -> Equal-Weight |
| 2023-11-10 | BTIG | Downgrade | Buy -> Neutral |
| 2023-11-10 | B of A Securities | Downgrade | Buy -> Underperform |
| 2023-10-25 | TD Cowen | Downgrade | Outperform -> Market Perform |
| 2023-07-18 | Goldman Sachs | Downgrade | Buy -> Neutral |
| 2023-06-29 | Morgan Stanley | Upgrade | Equal-Weight -> Overweight |
| 2023-06-20 | Goldman Sachs | Maintains | Buy |
| 2023-02-10 | B of A Securities | Initiate | Buy |
| 2023-01-25 | Morgan Stanley | Downgrade | Overweight -> Equal-Weight |
| 2022-12-07 | Credit Suisse | Maintains | Outperform |
| 2022-10-31 | Cowen & Co. | Initiate | Outperform |
| 2022-09-22 | Morgan Stanley | Maintains | Overweight |
| 2022-09-21 | Morgan Stanley | Maintains | Overweight |
| 2022-09-01 | BTIG | Maintains | Buy |
| 2022-08-25 | Goldman Sachs | Upgrade | Neutral -> Buy |
| 2021-12-17 | Piper Sandler | Initiate | Neutral |
| 2021-11-18 | JP Morgan | Initiate | Neutral |
| 2021-10-12 | Credit Suisse | Initiate | Outperform |
| 2021-08-04 | Morgan Stanley | Initiate | Overweight |
| 2021-08-03 | BTIG | Initiate | Buy |
Next Earnings Forecast Details
Next Earnings Details
Release DateMay 6, 2025
PeriodQ4 / 2024
EPS Estimate-$0.22
Revenue Estimate510K
Revenue Q2QN/A
EPS Q2Q-32.00%
Number of Analysts3
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%
Next Earnings Summary
FREY is expected to report earnings on 5/6/2025. The consensus EPS estimate for the next earnings is -0.22 USD and the consensus revenue estimate is 510.00K USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | N/A | N/A 382.57% | N/A 50.66% | N/A 1,965.33% | N/A 1,083.52% | N/A 184.59% | N/A 72.95% | N/A 25.24% | ||||||
| EBITDA YoY % growth | -2.47M | -8.91M -260.73% | -75.45M -746.80% | -120.45M -59.64% | -133.246M -10.62% | N/A 21.15% | N/A 3.30% | N/A -45.58% | N/A -216.69% | N/A -45.56% | N/A 136.63% | N/A 586.82% | N/A 54.29% | |
| EBIT YoY % growth | -2.47M | -8.93M -261.54% | -75.57M -746.25% | -120.93M -60.02% | -136.59M -12.95% | N/A 12.11% | N/A 17.16% | N/A -46.56% | N/A -360.39% | N/A -94.16% | N/A 71.63% | N/A 390.01% | N/A 85.54% | |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
| EPS YoY % growth | N/A | N/A | N/A | -0.86 -25.84% | -0.51 40.70% | N/A -68.00% | N/A 5.95% | N/A -105.06% | N/A | N/A | N/A | N/A | N/A |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.22 -32.00% | -0.14 28.60% | -0.14 24.84% | -0.14 28.60% | -0.15 31.82% |
| Revenue Q2Q % growth | 510K | 591.6K | 703.8K | 861.9K | 1.332M 161.18% |
| EBITDA Q2Q % growth | -18.238M 38.28% | -15.535M 37.12% | -15.504M 29.24% | -15.473M 20.33% | -14.963M 17.95% |
| EBIT Q2Q % growth | -31.722M 3.55% | -21.726M 25.78% | -21.726M 24.87% | -21.726M 21.83% | -21.726M 31.51% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
-47.97%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
54.17%
Revenue Next 5 Year
289.43%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
-0.42%
EBIT Next 5 Year
-36.09%
FREYR BATTERY INC / FREY Forecast FAQ
What is the price target for FREY stock?
7 analysts have analysed FREY and the average price target is 4.08 USD. This implies a price increase of 166.67% is expected in the next year compared to the current price of 1.53.
Can you provide the upcoming earnings date for FREYR BATTERY INC?
FREYR BATTERY INC (FREY) will report earnings on 2025-05-06, before the market open.
What are the consensus estimates for FREYR BATTERY INC (FREY) next earnings?
The consensus EPS estimate for the next earnings of FREYR BATTERY INC (FREY) is -0.22 USD and the consensus revenue estimate is 510.00K USD.
What is the consensus rating for FREY stock?
The consensus rating for FREYR BATTERY INC (FREY) is 85.7143 / 100 . This indicates that analysts generally have a positive outlook on the stock.