The Latest Breaking News from Fisker

Fisker's (NYSE:FSR) short percent of float has fallen 3.12% since its last report. The company recently reported that it has 51.22 million shares sold short, which is 31.93% of all regular shares that are available for trading.

Over the past 3 months, 7 analysts have published their opinion on Fisker (NYSE:FSR) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Within the last quarter, Fisker (NYSE:FSR) has observed the following analyst ratings:

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The electric vehicle industry has been booming over the past few years, thanks to strong demand driven by fluctuating crude oil prices. Supportive government policies and incentives amid growing environmental concerns are also driving the industry’s growth. Thus, Wall Street analysts expect the quality EV stocks NIO Inc. (NIO), Fisker…

The week ending April 1 proved to be a mixed one, although the major EV manufacturers closed firmly in the green. Tesla, Inc. (NASDAQ: TSLA) shares rose above the $1,100 level before pulling back and yet closed with handsome gains amid company-specific developments.

Detroit giant GM, led by CEO Mary Barra, is on the offensive in the race for vehicle electrification.

Young manufacturers of electric vehicles face various problems.

The electric vehicle (EV) industry is expected to remain under pressure due to increasing supply chain disruptions, rising production costs, and interest rate hikes amid an escalating conflict between Russia and Ukraine. Thus, we think overvalued electric vehicle stocks Lucid Group (LCID), NIO Inc (NIO), XPeng (XPEV), and Fisker (FSR)…