NASDAQ:FRZA

Forza X1 (FRZA) Stock Price, News & Analysis

$0.42
0.00 (0.00%)
(As of 04/26/2024 ET)
Today's Range
$0.41
$0.43
50-Day Range
$0.41
$0.62
52-Week Range
$0.36
$3.98
Volume
15,235 shs
Average Volume
44,267 shs
Market Capitalization
$6.55 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

Forza X1 MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
1,103.7% Upside
$5.00 Price Target
Short Interest
Healthy
0.91% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.73 out of 5 stars

FRZA stock logo

About Forza X1 Stock (NASDAQ:FRZA)

Forza X1, Inc. focuses on designing, developing, and manufacturing electric boats in the United States. It intends to offer its products through a vertically integrated direct-to-consumer system. Forza X1, Inc. was incorporated in 2021 and is headquartered in Fort Pierce, Florida.

FRZA Stock Price History

FRZA Stock News Headlines

Move Your Money Before May 22
The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
Forza X1 Inc FRZA
Move Your Money Before May 22
The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
3 Electric Boat Stocks That Will Sail Higher by 2024
Forza X1 GAAP EPS of -$0.07
Forza X1, Inc. Reports Third Quarter Results
Forza Begins Building
FRZA Forza X1, Inc.
Forza X1, Inc.: Forza X1 Reports Second Quarter Results
Forza X1 Reports Second Quarter Results
See More Headlines
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Company Calendar

Last Earnings
3/26/2024
Today
4/26/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Ship & boat building & repairing
Sub-Industry
N/A
Current Symbol
NASDAQ:FRZA
Fax
N/A
Employees
11
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+1,062.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-5,930,000.00
Pretax Margin
-15,984.16%

Debt

Sales & Book Value

Annual Sales
$40,000.00
Book Value
$1.02 per share

Miscellaneous

Free Float
13,562,000
Market Cap
$6.78 million
Optionable
Not Optionable
Beta
2.16
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Key Executives

  • Mr. Joseph Visconti (Age 60)
    Executive Chairman of the Board, Interim CEO & Chief of Product Development
    Comp: $27.11k
  • Mr. Daniel Norton
    President & Director of Engineering
  • Mr. Michael P. Dickerson
    Interim Chief Financial & Administrative Officer
  • Mr. Jean-Marc Zanni
    Chief Technology Officer
  • Mr. Chandan R. Chittimalle
    Chief Electrical Engineer

FRZA Stock Analysis - Frequently Asked Questions

Should I buy or sell Forza X1 stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Forza X1 in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" FRZA shares.
View FRZA analyst ratings
or view top-rated stocks.

What is Forza X1's stock price target for 2024?

1 brokerages have issued 12 month price targets for Forza X1's shares. Their FRZA share price targets range from $5.00 to $5.00. On average, they predict the company's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 1,103.7% from the stock's current price.
View analysts price targets for FRZA
or view top-rated stocks among Wall Street analysts.

How have FRZA shares performed in 2024?

Forza X1's stock was trading at $0.5351 at the beginning of the year. Since then, FRZA stock has decreased by 22.4% and is now trading at $0.4154.
View the best growth stocks for 2024 here
.

Are investors shorting Forza X1?

Forza X1 saw a decline in short interest in April. As of April 15th, there was short interest totaling 79,000 shares, a decline of 29.4% from the March 31st total of 111,900 shares. Based on an average trading volume of 44,800 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.9% of the shares of the stock are sold short.
View Forza X1's Short Interest
.

When is Forza X1's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our FRZA earnings forecast
.

How were Forza X1's earnings last quarter?

Forza X1, Inc. (NASDAQ:FRZA) released its quarterly earnings results on Tuesday, March, 26th. The company reported ($0.08) EPS for the quarter. The company had revenue of $0.02 million for the quarter.

When did Forza X1 IPO?

Forza X1 (FRZA) raised $15 million in an initial public offering on Friday, August 12th 2022. The company issued 3,000,000 shares at $5.00 per share. ThinkEquity served as the underwriter for the IPO.

How do I buy shares of Forza X1?

Shares of FRZA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FRZA) was last updated on 4/26/2024 by MarketBeat.com Staff

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