Industrials -
Electrical Equipment & Parts - NYSE - LU
$ 2.49
1.63 %
$ 350 M
Market Cap
-22.64
P/E
1. INTRINSIC VALUE
Balance Sheet
FREYR Battery
| Current Assets | 312 M |
| Cash & Short-Term Investments | 277 M |
| Receivables | 0 |
| Other Current Assets | 34.7 M |
| Non-Current Assets | 420 M |
| Long-Term Investments | 22.3 M |
| PP&E | 391 M |
| Other Non-Current Assets | 7.1 M |
| Current Liabilities | 49.2 M |
| Accounts Payable | 18.1 M |
| Short-Term Debt | 3.38 M |
| Other Current Liabilities | 27.7 M |
| Non-Current Liabilities | 48.3 M |
| Long-Term Debt | 18.8 M |
| Other Non-Current Liabilities | 29.5 M |
EFFICIENCY
Earnings Waterfall
FREYR Battery
| Revenue | 0 |
| Cost Of Revenue | 4.7 M |
| Gross Profit | -4.7 M |
| Operating Expenses | 143 M |
| Operating Income | -143 M |
| Other Expenses | -71 M |
| Net Income | -71.9 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
FREYR Battery
| Net Income | -71.9 M |
| Depreciation & Amortization | 3.34 M |
| Capital Expenditures | -188 M |
| Stock-Based Compensation | 11.6 M |
| Change in Working Capital | 475 K |
| Others | -21.5 M |
| Free Cash Flow | -276 M |
Wall Street Analysts Price Targets
FREYR Battery
Wall Street analysts predict an average 1-year price target for FREY of $18.2 , with forecasts ranging from
a
low of
$8 to a high of $26 .
FREY Lowest Price Target
Wall Street Target
8 USD
221.29%
FREY Average Price Target
Wall Street Target
18.2 USD
630.92%
FREY Highest Price Target
Wall Street Target
26 USD
944.18%
4. DIVIDEND
ANALYSIS
FREY does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
FREYR Battery
Sold
0-3 MONTHS
4.27 M USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
1.15 M USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 month ago
Dec 18, 2024
|
Sell 735 K
USD
|
Slettemoen Tore Ivar
Director
|
- 391071
|
1.88 USD |
|
1 month ago
Dec 13, 2024
|
Sell 978 K
USD
|
Slettemoen Tore Ivar
Director
|
- 600000
|
1.63 USD |
|
1 month ago
Dec 17, 2024
|
Sell 948 K
USD
|
Slettemoen Tore Ivar
Director
|
- 544588
|
1.74 USD |
|
1 month ago
Dec 16, 2024
|
Bought
78.5 K USD
|
Calio Joseph Evan
Chief Financial Officer
|
+ 50000
|
1.57 USD |
|
1 month ago
Dec 13, 2024
|
Bought
607 K USD
|
Calio Joseph Evan
Chief Financial Officer
|
+ 374862
|
1.62 USD |
|
1 month ago
Dec 12, 2024
|
Bought
218 K USD
|
Calio Joseph Evan
Chief Financial Officer
|
+ 125000
|
1.74 USD |
|
1 month ago
Dec 10, 2024
|
Sell 395 K
USD
|
Slettemoen Tore Ivar
Director
|
- 228600
|
1.73 USD |
|
1 month ago
Dec 11, 2024
|
Sell 909 K
USD
|
Slettemoen Tore Ivar
Director
|
- 551120
|
1.65 USD |
|
1 month ago
Dec 12, 2024
|
Sell 308 K
USD
|
Slettemoen Tore Ivar
Director
|
- 184621
|
1.67 USD |
|
2 months ago
Nov 08, 2024
|
Bought
249 K USD
|
Calio Joseph Evan
Chief Financial Officer
|
+ 130600
|
1.91 USD |
7. News
Are lithium battery stocks a good buy amidst market volatility?
Lithium batteries are a fundamental component of modern life, powering a wide range of devices from laptops and smartphones to electric vehicles (EVs) and even industrial equipment. As governments around the world push for greener technologies to combat climate change, demand for lithium batteries has surged.
proactiveinvestors.com
- 2 weeks ago
FREYR Battery Closes Transformative Acquisition of Trina Solar's U.S. Manufacturing Assets
NEW YORK & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”) today announced the closing of the Company's acquisition of the U.S. solar manufacturing assets of Trina Solar Co Ltd. (SHA: 688599) (“Trina Solar”) in accordance with the previously communicated timeline. Under the terms of the finalized agreement, FREYR has acquired Trina Solar's 5 GW solar module manufacturing facility in Wilmer, Texas. The facility commenced production on November 1, 2024, and is.
businesswire.com
- 3 weeks ago
Undercovered Dozen: Aurora Cannabis, FREYR Battery, Royalty Pharma, Talos Energy +
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks from the past week, aiming to spark ideas and discussions among retail investors. Veradigm Inc. is undervalued due to regulatory pressures, but has significant upside potential with strategic buyers potentially paying mid- or high-teens per share. Casey's General Stores has outperformed its peers and the S&P 500 due to its strategic positioning in rural areas and strong operational execution.
seekingalpha.com
- 2 months ago
FREYR Battery Reports Third Quarter 2024 Results
NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery, Inc. (NYSE: FREY) (“FREYR” or the “Company”), a developer of sustainable clean energy capacity and solutions, today reported financial results for the third quarter of 2024. Results Overview, Financing, and Liquidity FREYR reported a net loss attributable to stockholders for the third quarter of 2024 of $(27.5) million, or $(0.20) per diluted share compared to a net loss for the third quarter of 2023 of $(9.8) million or $(0.
businesswire.com
- 2 months ago
FREYR Battery Announces Transformative Acquisition of Trina Solar's U.S. Manufacturing Assets, Actions to Strengthen Board of Directors and Management Team
NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR” or the “Company”) has announced that the Company has entered into an agreement to acquire the U.S. solar manufacturing assets of Trina Solar Co Ltd. (SHA: 688599) (“Trina Solar”). The transaction is subject to certain customary conditions precedent, including receipt of certain third-party consents, completion of the preferred stock issuance to Encompass Capital Advisors LLC and internal reorganization t.
businesswire.com
- 2 months ago
FREYR Battery Selected by European Union Innovation Fund for Grant Award
NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery, Inc. (NYSE: FREY) (“FREYR” or the “Company”), a developer of sustainable battery and clean energy solutions, confirmed this morning that the European Union Innovation Fund (“EUIF”) has selected FREYR for a €122 million grant award to develop the Company's potential joint venture Cathode Active Material (“CAM”) manufacturing project in Vaasa, Finland. “We are very grateful to be selected for this grant award from the EU Innov.
businesswire.com
- 2 months ago
Microvast vs. FREYR: Which Battery Stock Holds the Power?
In 2021, the term SPAC became part of the investor's dictionary. SPAC stands for special purpose acquisition company, and it was a way many companies went public in 2020 and 2021.
marketbeat.com
- 5 months ago
FREYR Battery: Pessimism Could Be Entirely Priced In
FREYR is prioritizing investing in their Giga America plant to capitalize on favorable IRA policies and market opportunities, especially in the EES and EV segments. With $221.5M in cash and no debt, FREYR has a decent buffer for the next 2-3 years but must manage expenses to avoid liquidity issues. Pessimism and skepticism about near-term milestones are fully priced in, potential positive announcements could shift market sentiment and increase share price significantly.
seekingalpha.com
- 5 months ago
FREYR Battery, Inc. (FREY) Q2 2024 Earnings Call Transcript
FREYR Battery, Inc. (NYSE:FREY ) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants Jeffrey Spittel - VP, IR Daniel Barcelo - Chairman Tom Einar Jensen - Co-founder, CEO Evan Calio - CFO Conference Call Participants Tyler DiMatteo - BTIG Jeffrey Spittel Hello and welcome to Freyr Battery's Second Quarter 2024 Earnings Conference Call. With me today on the call are Daniel Barcelo, Chairman of Freyr's Board of Directors, our Co-founder, Chief Executive Officer, and Board Director, Tom Einar Jensen, and Evan Calio, our Chief Financial Officer.
seekingalpha.com
- 5 months ago
FREYR Battery Announces Second Quarter 2024 Earnings Release and Conference Call Schedule
NEW YORK & OSLO, Norway & NEWNAN, Ga.--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of next-generation battery cell production capacity, will publish a press release detailing second quarter 2024 results and conduct a conference call on August 9, 2024. The second quarter 2024 press release will be issued by 6:00 am U.S. Daylight Time (12:00 pm Central European Time). The conference call is scheduled to begin at 8:30 am Eastern Daylight Time (2:30 pm Central European Time).
businesswire.com
- 5 months ago
3 Renewable Energy Stocks to Sell Ahead of a Trump-Vance Win
Over the long term, clean energy should continue to be a growing sector. The world needs more electricity, and that will especially be true given the increasing power demand in sectors such as electric vehicles (EVs) and artificial intelligence.
investorplace.com
- 5 months ago
3 Battery Stocks to Buy Now: Q3 Edition
While electric vehicles and perhaps electric vertical takeoff and landing (eVTOL) aircraft may represent the future of mobility, it's quite a challenge to determine which specific manufacturing brand will win out. Not all brilliant companies make it to the finish line.
investorplace.com
- 6 months ago
8. Profile
Summary
FREYR Battery FREY
COUNTRY
LU
INDUSTRY
Electrical Equipment & Parts
MARKET CAP
$ 350 M
Dividend Yield
0.00%
Description
FREYR Battery engages in the production and sale of battery cells for stationary energy storage, electric mobility, and marine applications in Europe and internationally. The company designs and manufactures lithium-ion based battery cell facilities. The company was founded in 2018 and is based in Luxembourg.
Contact
22-24, boulevard Royal, Luxembourg City, 2449
https://www.freyrbattery.com
IPO
Date
Jan. 10, 2020
Employees
263
Officers
Amy Jaick
Head of Global Commuication
Dr. Andreas Bentzen
Chief Technology Officer
Peter Del Vecchio
Interim Chief Legal Officer
Mr. Balaz Peter Matrai
Co-Founder & Director
Mr. Evan Calio J.D.
Chief Financial Officer
Ms. Lori A. Papp
Chief Accounting Officer
Mr. Jeffrey David Spittel
Vice President of Investor Relations
Mr. Daniel Barcelo
Chief Executive Officer & Independent Chairman
Mr. Tom-Einar Rysst Jensen
Chief Executive Officer - Europe
Mr. Tore Ivar Slettemoen
Founder & Director