FREYR Battery/FREY

$2.63

2.33%
-
1D1W1MYTD1YMAX

About FREYR Battery

FREYR Battery, Inc. is a developer of clean, battery cell production capacity. The Company seeks to serve its primary markets of energy storage systems (ESS) and commercial mobility, including marine applications and commercial vehicles. Its facilities are located at Mo i Rana industrial complex in Northern Norway. It is engaged in the development of its first clean battery cell manufacturing project in the United States (Giga America), which is located on a 368-acre parcel of land in Coweta County, Georgia. The Company's products consist of ESS, eMobility, and Electric Vehicle (EV). Its industrialized 24M semi solid technology, allows the Company to offer cell for ESS applications while surpassing or matching industry standard in cycle life, DoD, RTE, and LCOS.

Ticker

FREY

Sector

Industrials

Trading on

NYSE

Industry

Electronic Instr. & Controls

CEO

Tom Jensen

Employees

263

FREYR Battery Metrics

BasicAdvanced
$372M
Market cap
-
P/E ratio
-$0.63
EPS
0.86
Beta
-
Dividend rate
$372M
0.85901
$10.10
$1.21
1.7M
6.697
-12.04%
-13.99%
-12.95%
0.638
0.641
3.55%

What the Analysts think about FREYR Battery

Analyst Ratings

Majority rating from 2 analysts.
Hold

Price Targets

Average projection from 1 analyst.
23.95% downside
High $2.00
Low $2.00
$2.63
Current price
$2.00
Average price target

FREYR Battery Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
0% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$0
NaN%
Net income
-$29M
18.26%
Profit margin
0%
NaN%

FREYR Battery Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 5.26%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
-$0.18
-$0.07
-$0.17
-$0.20
-
Expected
-$0.26
-$0.32
-$0.25
-$0.19
-$0.19
Surprise
-30.77%
-77.78%
-32%
5.26%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for FREYR Battery stock?

FREYR Battery (FREY) has a market cap of $372M as of May 30, 2024.

What is the P/E ratio for FREYR Battery stock?

The price to earnings (P/E) ratio for FREYR Battery (FREY) stock is 0 as of May 30, 2024.

Does FREYR Battery stock pay dividends?

No, FREYR Battery (FREY) stock does not pay dividends to its shareholders as of May 30, 2024.

When is the next FREYR Battery dividend payment date?

FREYR Battery (FREY) stock does not pay dividends to its shareholders.

What is the beta indicator for FREYR Battery?

FREYR Battery (FREY) has a beta rating of 0.86. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the FREYR Battery stock price target?

The target price for FREYR Battery (FREY) stock is $2, which is 23.95% below the current price of $2.63. This is an average based on projections from 1 analyst, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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