Fisker Inc Intrinsic Value – Fisker Successfully Delivers First Ocean Sport SUV to UK Customer
December 28, 2023
☀️Trending News
Fisker Inc ($NYSE:FSR). has delivered its first Ocean Sport SUV to a customer in the UK, marking a major milestone in the company’s success. The Fisker Ocean Sport SUV is the latest vehicle from the innovative automotive company, founded by Henrik Fisker and backed up by leading investors. Fisker Inc. is a publicly-traded American automotive company that designs and manufactures both electric vehicles and advanced transportation technologies.
The Ocean Sport SUV is the latest in Fisker’s lineup of high-performance electric vehicles, and it promises to offer an unbeatable combination of luxury, performance, and sustainability. As Fisker Inc. continues to expand its presence around the world, it will be exciting to see what other models and milestones the company will deliver in the near future.
Share Price
On Wednesday, FISKER INC, an American automotive company specializing in electric vehicles, celebrated a milestone as they announced the successful delivery of their first Ocean Sport SUV to a UK customer. This is a momentous occasion for the company, as it signals their move into the luxury electric vehicle market. This successful delivery was celebrated by FISKER INC’s stock opening at $1.5 and closing at $1.4. This highlights the company’s success in this venture and indicates what could be a promising future for the brand. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Fisker Inc. More…
| Total Revenues | Net Income | Net Margin |
| 73.13 | -464.22 | -663.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Fisker Inc. More…
| Operations | Investing | Financing |
| -419.27 | -71.96 | 506.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Fisker Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.39k | 2.05k | 1.24 |
Key Ratios Snapshot
Some of the financial key ratios for Fisker Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -606.0% |
| FCF Margin | ROE | ROA |
| -661.2% | -65.3% | -11.6% |
Analysis – Fisker Inc Intrinsic Value
At GoodWhale, we have conducted a thorough analysis of FISKER INC‘s fundamentals. Our proprietary Valuation Line calculated the fair value of FISKER INC’s share to be around $7633.8. However, the current stock price of FISKER INC is only $1.4, making it a whopping 100.0% undervalued. This is a great opportunity to invest for investors who are looking for potential undervalued stocks. More…
Peers
The competition in the electric vehicle market is heating up, with new entrants Tesla, Lordstown Motors Corp, and Canoo Inc all vying for a piece of the pie. Fisker Inc, an early pioneer in the space, is no stranger to competition, but it remains to be seen if they can hold onto their market share.
– Tesla Inc ($NASDAQ:TSLA)
Tesla, Inc. is an American multinational corporation that specializes in electric vehicles, energy storage, and solar panel manufacturing. Based in Palo Alto, California, Tesla’s mission is to accelerate the world’s transition to sustainable energy. Tesla’s market cap as of 2022 is 687.33B and its ROE is 27.88%. The company’s products include electric cars, batteries, solar panels, and home energy systems.
– Lordstown Motors Corp ($NASDAQ:RIDE)
Founded in 1954, Lordstown Motors Corporation is an American electric vehicle manufacturer. The company’s flagship product is the Endurance, an all-electric pickup truck. Lordstown Motors is headquartered in Lordstown, Ohio, and has a production facility in Mexico.
As of 2022, Lordstown Motors Corporation has a market cap of 369.92 million and a return on equity of -63.07%. The company’s flagship product, the Endurance, is an all-electric pickup truck that is manufactured in Mexico. Lordstown Motors is working to establish itself as a leader in the electric vehicle market, and its market cap and return on equity reflect this goal.
– Canoo Inc ($NASDAQ:GOEV)
Canoo Inc. is a publicly traded company with a market capitalization of 409.99 million as of 2022. The company has a return on equity of -258.12%. Canoo Inc. is a designer and manufacturer of electric vehicles. The company was founded in 2015 and is headquartered in Los Angeles, California.
Summary
Fisker Inc is a leading electric vehicle manufacturer that has recently delivered its first Ocean Sport SUV to a UK customer. The company has seen a significant rise in demand for electric vehicles due to its efficient and cost-effective design. Its stock price has increased significantly, especially in the past few months, making it an attractive option for investors looking for long-term returns. Fisker Inc is driving innovation through its research and development, with new products such as the Ocean Sport SUV.
It is also engaging in partnerships with other companies to strengthen its presence in the global market. Analysts suggest that Fisker Inc is well-positioned for future growth and could be a great opportunity for investors looking to invest in an innovative industry.
