Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) stock is trading higher premarket on Wednesday. The company disclosed on Tuesday that it inked a series of agreements with its bridge strategy partner.
The deals could enhance its production capabilities. This news comes as the broader market experienced a mixed performance, with major indices remaining flat.
Details
The agreements include a Strategic Cooperation Agreement focused on mass-production-oriented parts procurement and related engineering services.
These collaborations aim to advance the development and timely delivery of the FX Super One, a battery electric vehicle intended for the U.S. market.
Additionally, the partnerships are expected to leverage China’s leading AIEV know-how combined with U.S.-based AI research and development, potentially unlocking significant growth opportunities in the automotive sector.
The company is also looking to negotiate further vehicle development projects based on the successful progress of the Super One Project.
The recent agreements with its bridge strategy partner are crucial as they aim to accelerate the production of the FX Super One, which could significantly impact the company’s market presence and operational efficiency.
Ambitious FX Super One Roadmap
Last month, the company stated that it targets five-year production and sales of 400,000–500,000 vehicles, driven primarily by the FX Super One, a planned FX 4 model, and other upcoming models.
The company planned a phased rollout for the FX Super One, with Phase 1 expected in the second quarter of 2026, which will deliver up to 50 units to FX Par partners.
Technical Analysis
Currently, the stock is trading 27.3% below its 20-day simple moving average (SMA) and 32.5% below its 100-day SMA, indicating a bearish trend. Over the past 12 months, shares have decreased by 44.30% and are positioned closer to their 52-week lows than highs.
The RSI is at 23.83, which is considered oversold, suggesting potential for a price rebound. Meanwhile, MACD is below its signal line, indicating bearish pressure on the stock.
The combination of oversold RSI and bearish MACD suggests mixed momentum.
- Key Resistance: $1.00
- Key Support: 50 cents
Earnings & Analyst Outlook
Faraday Future Intelligent Electric Inc. is slated to provide its next financial update on March 26, 2026.
- EPS Estimate: Loss of 58 cents (Up from $-2.53 YoY)
- Revenue Estimate: $0.07 million (Down from $0.23 million YoY)
Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $5.00. Recent analyst moves include:
- Litchfield Hills: Initiated with Buy (Target $5.00) (Nov. 20, 2025)
FFAI Price Action: Faraday Future shares were up 4.30% at $0.73 during premarket trading on Wednesday, according to Benzinga Pro data.
Image by T. Schneider via Shutterstock
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