FREYR Battery Future Growth
Future criteria checks 2/6
FREYR Battery's earnings are forecast to decline at 52.7% per annum while its annual revenue is expected to grow at 72.4% per year. EPS is expected to decline by 52.7% per annum.
Key information
-52.7%
Earnings growth rate
-52.7%
EPS growth rate
| Electrical earnings growth | 18.8% |
| Revenue growth rate | 72.4% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 29 Apr 2024 |
Recent future growth updates
Recent updates
Here's Why We're A Bit Worried About FREYR Battery's (NYSE:FREY) Cash Burn Situation
Mar 22
FREYR Battery: Why I Am Bearish
Mar 13FREYR Battery: Exiting Position After Multiple Red Flags (Rating Downgrade)
Dec 01FREYR Battery: Growth Story Unravels
Nov 13We're A Little Worried About FREYR Battery's (NYSE:FREY) Cash Burn Rate
Sep 24FREYR Battery: Is It Time To Buy The Energy Storage Ramp Story?
Jul 25Is FREYR Battery (NYSE:FREY) In A Good Position To Deliver On Growth Plans?
Jun 08FREYR Battery Q4 2022 Earnings Preview
Feb 24Is FREYR Battery (NYSE:FREY) In A Good Position To Deliver On Growth Plans?
Jan 31FREYR Battery: Encouraging Progress On The Path To Cell Production
Jan 18Freyr Battery stock rises on signing of first e-mobility offtake agreement
Jan 12FREYR Battery GAAP EPS of -$0.80 misses by $0.46
Nov 14FREYR Battery: We Need What This Company Does
Nov 08Freyr Battery enters into service agreement with ITOCHU
Oct 27FREYR: A Lean, Green, Battery Making Machine
Oct 06FREYR: Norwegian Lithium Battery Company Targets Manufacturing In U.S. And Europe
Sep 28FREYR Battery: Not A Long-Term Buy Despite Strong Momentum
Sep 22FREYR: Growing Ambitions For Rising, Undiscovered Global Battery Player
Sep 14NTE Process to provide equipment for Freyr Battery's Norway gigafactory
Sep 08Freyr, Nidec form largest JV for battery energy storage products
Aug 30FREYR Battery opens first U.S.-based technology center
Aug 22FREYR Battery GAAP EPS of $0.04 beats by $0.24
Aug 08FREYR Battery plans to expand planned Giga Arctic project and its construction
Jun 29FREYR Battery: Charging Up To Become A Leading Battery Manufacturer
May 12FREYR Battery: Breaking Ground
Mar 15Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 5 | -205 | -229 | -125 | 1 |
| 12/31/2025 | 7 | -82 | -94 | -80 | 2 |
| 12/31/2024 | 1 | -100 | -116 | -92 | 2 |
| 12/31/2023 | N/A | -72 | -276 | -88 | N/A |
| 9/30/2023 | N/A | -22 | -343 | -71 | N/A |
| 6/30/2023 | N/A | -107 | -357 | -74 | N/A |
| 3/31/2023 | N/A | -77 | -309 | -72 | N/A |
| 12/31/2022 | N/A | -99 | -271 | -90 | N/A |
| 9/30/2022 | N/A | -152 | -188 | -100 | N/A |
| 6/30/2022 | N/A | -104 | -143 | -103 | N/A |
| 3/31/2022 | N/A | -116 | -109 | -87 | N/A |
| 12/31/2021 | N/A | -93 | -77 | -63 | N/A |
| 9/30/2021 | N/A | -71 | -44 | -40 | N/A |
| 6/30/2021 | N/A | -28 | -17 | -17 | N/A |
| 3/31/2021 | N/A | -21 | -13 | -13 | N/A |
| 12/31/2020 | N/A | -10 | -7 | -7 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FREY is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: FREY is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: FREY is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: FREY's revenue (72.4% per year) is forecast to grow faster than the US market (8.2% per year).
High Growth Revenue: FREY's revenue (72.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if FREY's Return on Equity is forecast to be high in 3 years time