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Litchfield Hills Research reiterates Buy on Faraday Future, keeps $66 price target

Litchfield Hills Research reiterates Buy on Faraday Future, keeps $66 price target

Reuters2026/08/20 02:53
  • Litchfield Hills Research reiterated a Buy rating on Faraday Future with a 12-month price target of $66 per share.
  • The August 19 report cited second-quarter execution in the EAI robotics rollout.
  • Estimated 2026 revenue lifted to about $5.8 million from $4.5 million.
  • Projected 2026 loss per share narrowed to $59.21 from $71.
  • Report flagged upside if the company meets its target to ship 2,000 robots by end-2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Faraday Future Intelligent Electric Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608192253BIZWIRE_USPR_____20260819_BW101157) on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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