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FREYR Battery NYSE:FREY Stock Report

Last Price

US$2.16

Market Cap

US$303.5m

7D

26.3%

1Y

13.7%

Updated

22 Dec, 2024

Data

Company Financials +

FREY Stock Overview

Provides battery solutions in the United States, Norway, and internationally. More details

FREY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

FREYR Battery, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for FREYR Battery
Historical stock prices
Current Share PriceUS$2.16
52 Week HighUS$2.85
52 Week LowUS$0.91
Beta1.03
1 Month Change-11.84%
3 Month Change117.41%
1 Year Change13.68%
3 Year Change-81.07%
5 Year Changen/a
Change since IPO-78.00%

Recent News & Updates

Recent updates

FREYR Battery: The Beaten-Down X-SPAC Restructures And Turns To Solar

Nov 11

FREYR Battery: Pessimism Could Be Entirely Priced In

Aug 19

Companies Like FREYR Battery (NYSE:FREY) Could Be Quite Risky

Jul 15
Companies Like FREYR Battery (NYSE:FREY) Could Be Quite Risky

FREYR Battery Is Progressing With Its Commercialization Process

May 21

Here's Why We're A Bit Worried About FREYR Battery's (NYSE:FREY) Cash Burn Situation

Mar 22
Here's Why We're A Bit Worried About FREYR Battery's (NYSE:FREY) Cash Burn Situation

FREYR Battery: Why I Am Bearish

Mar 13

FREYR Battery: Exiting Position After Multiple Red Flags (Rating Downgrade)

Dec 01

FREYR Battery: Growth Story Unravels

Nov 13

We're A Little Worried About FREYR Battery's (NYSE:FREY) Cash Burn Rate

Sep 24
We're A Little Worried About FREYR Battery's (NYSE:FREY) Cash Burn Rate

FREYR Battery: Is It Time To Buy The Energy Storage Ramp Story?

Jul 25

Is FREYR Battery (NYSE:FREY) In A Good Position To Deliver On Growth Plans?

Jun 08
Is FREYR Battery (NYSE:FREY) In A Good Position To Deliver On Growth Plans?

FREYR Battery Q4 2022 Earnings Preview

Feb 24

Is FREYR Battery (NYSE:FREY) In A Good Position To Deliver On Growth Plans?

Jan 31
Is FREYR Battery (NYSE:FREY) In A Good Position To Deliver On Growth Plans?

FREYR Battery: Encouraging Progress On The Path To Cell Production

Jan 18

Freyr Battery stock rises on signing of first e-mobility offtake agreement

Jan 12

FREYR Battery GAAP EPS of -$0.80 misses by $0.46

Nov 14

FREYR Battery: We Need What This Company Does

Nov 08

Freyr Battery enters into service agreement with ITOCHU

Oct 27

FREYR: A Lean, Green, Battery Making Machine

Oct 06

FREYR: Norwegian Lithium Battery Company Targets Manufacturing In U.S. And Europe

Sep 28

FREYR Battery: Not A Long-Term Buy Despite Strong Momentum

Sep 22

FREYR: Growing Ambitions For Rising, Undiscovered Global Battery Player

Sep 14

NTE Process to provide equipment for Freyr Battery's Norway gigafactory

Sep 08

Freyr, Nidec form largest JV for battery energy storage products

Aug 30

FREYR Battery opens first U.S.-based technology center

Aug 22

Shareholder Returns

FREYUS ElectricalUS Market
7D26.3%-3.4%-2.4%
1Y13.7%22.4%23.3%

Return vs Industry: FREY underperformed the US Electrical industry which returned 22.4% over the past year.

Return vs Market: FREY underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is FREY's price volatile compared to industry and market?
FREY volatility
FREY Average Weekly Movement24.6%
Electrical Industry Average Movement11.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: FREY's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: FREY's weekly volatility has increased from 17% to 25% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a263Daniel Barcelowww.freyrbattery.com

FREYR Battery, Inc. provides battery solutions in the United States, Norway, and internationally. The company develops battery cell manufacturing facilities. It serves its products to energy storage systems and commercial mobility, including marine applications and commercial vehicles markets.

FREYR Battery, Inc. Fundamentals Summary

How do FREYR Battery's earnings and revenue compare to its market cap?
FREY fundamental statistics
Market capUS$303.46m
Earnings (TTM)-US$107.16m
Revenue (TTM)n/a

0.0x

P/S Ratio

-2.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FREY income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$107.16m
Earnings-US$107.16m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.76
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did FREY perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:16
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

FREYR Battery, Inc. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Julien Dumoulin-SmithBofA Global Research
Gregory LewisBTIG
Maheep MandloiCredit Suisse