Litchfield Hills Research reiterates Buy on Faraday Future, keeps $66 price target
FFAI•Upside tied to robot shipment target
The report flagged upside if the company meets its target to ship 2,000 robots by end-2026.
Litchfield Hills reaffirms Buy rating and $66 target
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.
2026 estimates were lifted
The firm raised its estimated 2026 revenue to about $5.8 million from $4.5 million.
It also narrowed its projected 2026 loss per share to $59.21 from $71.
