FFIE stock forecast continues to be shaped by energy commodity prices. Rising lithium costs could impact production expense, influencing earnings outlook and investor sentiment. Debuting in 2017, the FF 91 has seemingly been delayed indefinitely, with the company promising it’s around the corner for years on end. And even if production materializes, current market dynamics do not bode well for the FF 91’s $309,000 price tag. Today’s EV landscape offers comparable or superior vehicles at a fraction of the cost, obliterating any value proposition for FFIE’s long-promised flagship vehicle. After finishing this week down 1.5% at the close of markets today, Faraday Future has declined even further. As of this writing, it is down 2% after hours. This trend of decline could easily continue into next week. Indeed, FFIE stock has plunged 83% in just the past three months but now it could easily fall below $2 per share. According to EV market analysts, FFIE stock forecast hinges on regulatory approvals and battery supply chain stability. A contract update with suppliers could increase investor confidence, leading to improved valuation metrics over the coming quarters.
