FREYR Battery (FREY) Stock Price

FREYR Battery Price

Delisted·Feb 28, 2025
1.53USD
Last traded price

Analysts set a median price target of 4.08 USD, implying 166.7% above the current price. Of 7 analysts, 6 rate the stock a buy — an overall Buy consensus.

FREYR Battery stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of FREYR Battery over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how FREYR Battery stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing FREYR Battery's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

FREYR Battery Stock Price History
DateFREYR Battery Price
Access this data via the Eulerpool API

FREYR Battery Revenue, EBIT, Net Income

  • 3 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
0.00 USD
-122.49 M USD
-76.98 M USD
Jan 1, 2023
0.00 USD
-142.99 M USD
-71.95 M USD
Jan 1, 2024
2.94 M USD
-74.26 M USD
-450.15 M USD
Jan 1, 2025 (e)
983.35 M USD
-99.45 M USD
12.57 M USD
Jan 1, 2026 (e)
4.67 M USD
-145.76 M USD
-230.86 M USD
Jan 1, 2027 (e)
96.49 M USD
-671.06 M USD
0.00 USD
Jan 1, 2028 (e)
1.14 B USD
-1.30 B USD
0.00 USD
Jan 1, 2029 (e)
3.25 B USD
-369.65 M USD
0.00 USD

FREYR Battery Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 20, 2026, 3:10 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2019202020212022202320242025e2026e2027e2028e2029e
0.980.101.143.25
49,050.00-99.592,300.001,089.58184.50
50.0050.0050.0050.0050.0050.00
0.490.050.571.62
-0.01-0.08-0.12-0.14-0.07-0.10-0.15-0.67-1.30-0.37
-3,700.00-10.07-3,625.00-698.96-114.01-11.36
-10.00-95.00-76.00-71.00-450.0012.00-230.00
850.00-20.00-6.58533.80-102.67-2,016.67
139.71139.71139.71139.71139.71139.71139.71139.71139.71139.71139.71
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales FREYR Battery generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue FREYR Battery retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare FREYR Battery's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares FREYR Battery has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against FREYR Battery's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

FREYR Battery stock margins

The FREYR Battery margin analysis displays the gross margin, EBIT margin, as well as the profit margin of FREYR Battery. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for FREYR Battery.
  • 3 Years

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  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
41.74 %
- %
- %
Jan 1, 2021
41.74 %
- %
- %
Jan 1, 2022
41.74 %
- %
- %
Jan 1, 2023
41.74 %
- %
- %
Jan 1, 2024
41.74 %
-2,524.24 %
-15,300.89 %
Jan 1, 2025 (e)
41.74 %
-10.11 %
1.28 %
Jan 1, 2026 (e)
41.74 %
-3,119.82 %
-4,941.28 %
Jan 1, 2027 (e)
41.74 %
-695.45 %
0.00 %

FREYR Battery Stock Revenue, EBIT, Earnings per Share

The FREYR Battery earnings per share therefore indicates how much revenue FREYR Battery has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

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  • 25 Years

  • Max

Revenue per Share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025 (e)
7.04 USD
0.00 USD
0.09 USD
Jan 1, 2026 (e)
0.03 USD
0.00 USD
-1.65 USD
Jan 1, 2027 (e)
0.69 USD
0.00 USD
0.00 USD

FREYR Battery business model & stock analysis

FREYR Battery Employees

  • 3 Years

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  • Max

FREYR Battery Employees
Details
Date
FREYR Battery Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees

FREYR Battery Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

FREYR Battery historical P/E ratio, EBIT multiple, and P/S ratio

FREYR Battery annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

FREYR Battery shares outstanding

The number of shares of FREYR Battery was 139.71 M in 2025. This indicates how many shares FREYR Battery is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
139.71 M Stocks
Jan 1, 2021
139.71 M Stocks
Jan 1, 2022
139.71 M Stocks
Jan 1, 2023
139.71 M Stocks
Jan 1, 2024
139.71 M Stocks
Jan 1, 2025 (e)
139.71 M Stocks
Jan 1, 2026 (e)
139.71 M Stocks
Jan 1, 2027 (e)
139.71 M Stocks

Current FREYR Battery forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
85.71 % (6)
Hold
14.29 % (1)
Sell
0.00 % (0)
12M Price Target
4.08
Last Price
1.53
Currency
USD
12M Return Potential
166.67 %
LTM Return
0 %

FREYR Battery Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
11/9/2024-0.19USD-168,300.00USD-2024 Q3
5/13/2024-0.19USD-1.33 MUSD-2024 Q1
2/25/2024-0.26USD-510,000.00USD-2023 Q4
11/14/2022-0.30USD-1.88 MUSD-2022 Q3

EESG©

Eulerpool ESG Scorecard© for the FREYR Battery stock

42/100
10
Environment
47
Social
69
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

FREYR Battery shareholder structure

% Name
5.81895%
ATS Next AS
ATS Next AS
4.01378%
Handelsbanken Kapitalförvaltning AB
Handelsbanken Kapitalförvaltning AB
3.10798%
BNP Paribas Asset Management UK Limited
BNP Paribas Asset Management UK Limited
2.99681%
Alussa Energy Sponsor LLC
Alussa Energy Sponsor LLC
1.89842%
EDGE Global LLC
EDGE Global LLC
0.55924%
Security National Bank
Security National Bank

FREYR Battery Beneficial Ownership Filings (SEC 13D/G)

Free Float
50.8%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
19.99%
Kantor Todd J.
Kantor Todd J.
SEC ↗
19.99%
Encompass Capital Partners LLC
Encompass Capital Partners LLC
SEC ↗
14.00%
SCHEDULE 13D
SCHEDULE 13D
SEC ↗
11.00%
Trina Solar (Schweiz) AG
Trina Solar (Schweiz) AG
SEC ↗
10.91%
Sylebra Capital Management
Sylebra Capital Management
SEC ↗
10.91%
Sylebra Capital Limited
Sylebra Capital Limited
SEC ↗
10.91%
Daniel Patrick Gibson
Daniel Patrick Gibson
SEC ↗
9.90%
Todd J. Kantor
Todd J. Kantor
SEC ↗
9.90%
Spring Creek Capital, LLC
Spring Creek Capital, LLC
SEC ↗
9.90%
SCC Holdings, LLC
SCC Holdings, LLC
SEC ↗

FREYR Battery Executives and Management Board

20 members · avg. age 54 · 20 % women

OB

Mr. Oscar Brown (52)

Group Chief Financial Officer

2.47 M USD

Management

RK

Mr. Ryuta Kawaguchi (49)

Chief Technology Officer

2.41 M USD
TJ

Mr. Tom Jensen (51)

Executive Chairman of the Board, Chief Executive Officer

1.00 M USD
JH

Mr. Jan Haugan (65)

Chief Operating Officer, President and Managing Director of FREYR Battery Norway · since 2021

864,566.00 USD
JB

Mr. Jeremy Bezdek (49)

Executive Vice President - Global Corporate Development, President of FREYR Battery U.S · since 2021

488,025.00 USD
GB

Mr. Gery Bonduelle (51)

Executive Vice President - Sales

AB

Dr. Andreas Bentzen (47)

Executive Vice President - Technology

Board of Directors

PM

Mr. Peter Matrai (50)

Co-Founder, Director

936,841.00 USD
OS

Ms. Olaug Svarva (65)

Independent Director

510,525.00 USD
DB

Mr. Daniel Barcelo (53)

Independent Director

493,025.00 USD
MB

Ms. Mimi Berdal (62)

Independent Director

488,025.00 USD
BS

Mr. Birger Steen (57)

Director · since 2023

JF

Mr. Jason Forcier (51)

Independent Director

FREYR Battery Supply Chain

FREYR Battery Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
5 companies
#NameTrend
1
Elkem
Supplier·Chemicals·NO
-0.35
-0.29
0.35
-0.06
-0.09
-0.01
2
Honeywell International
Supplier·Customer·Industrial Conglomerates·US
0.73
0.07
0.63
0.47
-0.06
0.01
3
Glencore
Supplier·Customer·Metals & Mining·CH
0.56
0.80
0.61
-0.09
0.20
0.03
4
Sumitomo
Supplier·Trading Companies & Distributors·JP
0.07
-0.35
0.64
-0.10
0.18
0.03
5
Talga Group
Supplier·Metals & Mining·AU
0.08
0.42
0.50
0.48
0.53
0.21

Frequently asked questions about FREYR Battery

Analysts currently set an average price target of 4.08 USD for the FREYR Battery stock (median: 4.08 USD), implying +166.7 % versus the latest price. The consensus is based on 7 analyst ratings.

7 analysts currently rate the FREYR Battery stock: 6 recommend buying, 1 holding and 0 selling.

Converted at the current exchange rate, the FREYR Battery share trades at 1.32 EUR (1.53 USD).

The FREYR Battery share (FREY) is listed on 4 stock exchanges, including: NYSE (FREY), Frankfurt (7XN.F), München (7XN.MU), Düsseldorf (7XN.DU).

No history available for FREYR Battery.

The expected revenue of FREYR Battery is 4.67 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of FREYR Battery is -230.86 M USD. The net profit reflects the company's profitability after deducting all expenses.

The P/E ratio cannot be calculated for FREYR Battery at the moment.

The P/S cannot be calculated for FREYR Battery currently.

The Eulerpool Quality Score for FREYR Battery is 3/10.

The ISIN of FREYR Battery is LU2360697374. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of FREYR Battery is FREY. The ticker symbol is used to trade FREYR Battery shares on the stock exchange.

FREYR Battery paid dividends every year for the past 0 years.

FREYR Battery is assigned to the 'Industry' sector.

The dividends of FREYR Battery are distributed in USD.

All fundamentals and in-depth analysis of FREYR Battery

Our stock analysis for FREYR Battery stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of FREYR Battery. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.