Fisker Inc. Stock News and Analysis

Latest Updates

Fisker Inc. (FSR) stock has surged in recent months, reaching a new all-time high on Thursday.

The rally has been fueled by strong demand for electric vehicles (EVs) and Fisker's innovative designs. Fisker recently unveiled its Ocean SUV, which is set to launch later this year. The Ocean has been praised for its sleek design and long range.

Fisker also announced a partnership with Foxconn to manufacture the Ocean.

The partnership will help Fisker scale up production and meet the growing demand for its vehicles. Additionally, Fisker has secured a $250 million investment from BlackRock. The investment will be used to support the development and production of the Ocean.

Analyst Outlook

Analysts are bullish on Fisker Inc. and believe that the company is well-positioned to benefit from the growing demand for EVs.

Wedbush Securities recently initiated coverage of Fisker with an "outperform" rating and a target price of $30. The firm believes that Fisker's innovative designs and strong partnerships will drive its long-term success.

Other analysts have also praised Fisker's potential.

Canaccord Genuity has a "buy" rating on Fisker and a target price of $28. The firm believes that Fisker's Ocean SUV will be a "game-changer" in the EV market.

Key Takeaways

• Fisker Inc. stock has surged in recent months, reaching a new all-time high on Thursday.
• The rally has been fueled by strong demand for electric vehicles (EVs) and Fisker's innovative designs.
• Analysts are bullish on Fisker Inc. and believe that the company is well-positioned to benefit from the growing demand for EVs.