BlackRock Increases Position in Fisker (FSR)

Fintel reports that Black Rock has filed a 13G/A form with the SEC disclosing ownership of 12.36MM shares of Fisker Inc (FSR). This represents 6.9% of the company.

In their previous filing dated February 4, 2022 they reported 11.03MM shares and 6.70% of the company, an increase in shares of 12.03% and an increase in total ownership of 0.20%(calculated as current – previous percent ownership).

Analyst Price Forecast Suggests 72.51% Upside

As of January 31, 2023, the average one-year price target for Fisker is $12.85. The forecasts range from a low of $8.08 to a high of $22.05. The average price target represents an increase of 72.51% from its latest reported closing price of $7.45.

The projected annual revenue for Fisker is $2,165MM, an increase of 2,811,588.31%. The projected annual EPS is $-1.39.

EV Evangelist, Passionate About Electric Vehicles/Mobility. Tune in on X : @HDEONEV