NASDAQ:FRZA

Forza X1 (FRZA) Stock Price, News & Analysis

$0.44
+0.01 (+2.33%)
(As of 04/24/2024 ET)
Today's Range
$0.38
$0.45
50-Day Range
$0.42
$0.62
52-Week Range
$0.38
$3.98
Volume
30,045 shs
Average Volume
44,807 shs
Market Capitalization
$6.92 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
1,039.0% Upside
$5.00 Price Target
Short Interest
Healthy
1.29% 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.

1.80 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. Forza X1, Inc. is a subsidiary of Twin Vee Powercats Co.

FRZA Stock Price History

FRZA Stock News Headlines

Exposed: 10 CENT Crypto to Explode April 20th?
Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than Bitcoin
Forza X1 Inc FRZA
Exposed: 10 CENT Crypto to Explode April 20th?
Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than Bitcoin
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
Receive FRZA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Forza X1 and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/26/2024
Today
4/24/2024
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
18
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
+1,039.0%
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
$6.92 million
Optionable
Not Optionable
Beta
2.16
The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

Key Executives

  • Mr. Joseph Visconti (Age 60)
    Executive Chairman of the Board, Interim CEO & Chief of Product Development
    Comp: $27.11k
  • Ms. Carrie L. Gunnerson (Age 48)
    CFO and Interim Principal Financial & Accounting Officer
  • Mr. Daniel Norton
    President & Director of Engineering
  • 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 twelve-month target prices for Forza X1's shares. Their FRZA share price targets range from $5.00 to $5.00. On average, they predict the company's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 1,039.0% 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 shares have decreased by 18.0% and is now trading at $0.4390.
View the best growth stocks for 2024 here
.

Are investors shorting Forza X1?

Forza X1 saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 111,900 shares, an increase of 54.8% from the March 15th total of 72,300 shares. Based on an average trading volume of 46,200 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.3% of the shares of the company 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) issued its earnings results on Tuesday, March, 26th. The company reported ($0.08) EPS for the quarter. The business 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 (IPO) on Friday, August 12th 2022. The company issued 3,000,000 shares at $5.00 per share. ThinkEquity acted 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 4/24/2024 by MarketBeat.com Staff

From Our Partners