Emerging Growth Research reiterates Buy on Faraday Future, sets USD 30 price target after reverse split - FFAI News | RalliesEmerging Growth Research reiterates Buy on Faraday Future, sets USD 30 price target after reverse split
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FFAI• Research note on Faraday Future
- Emerging Growth Research reiterated its Buy-Emerging rating on Faraday Future, raising its 12-month price target to USD 30 from USD 2.
- The revised target reflects a completed 1-for-150 reverse stock split, aimed at maintaining Nasdaq minimum bid price compliance.
- The report cited 242 embodied AI robot shipments in Q2 2026, above prior guidance of 220.
- 2026 shipment outlook was lifted to 1,500 to 2,000 robots, up from prior guidance of about 1,500.
- Emerging Growth said its valuation blends TAM analysis with a DCF framework, while flagging early-stage commercialization and negative cash flow.
