Should I buy Fisker stock in 2025?

What is Fisker?

How much is the Fisker stock?

The price of Fisker stock is falling this week. As of the most recent trade, Fisker (FSRNQ) is priced at $0.0007, reflecting a 24-hour drop of 12.50% and an ongoing weekly decline.

The company’s current market capitalization stands at just $1.06 million, with a three-month average daily volume of 47,784 shares.

Fisker currently has a P/E Ratio not applicable due to ongoing bankruptcy losses, pays no dividend (0% yield), and exhibits extreme volatility with an unmeasurable beta.

Given Fisker’s liquidation status and near-zero share value, the stock is exceptionally risky and does not present an attractive investment opportunity for South African investors.

Our full analysis on Fisker stock

Following a comprehensive review of Fisker Inc.’s most recent financial disclosures and historic stock evolution over the past three years, we have leveraged advanced analytical frameworks—integrating quantitative metrics, technical signals, peer benchmarking, and real-time market data. Synthesizing these insights through proprietary algorithms, we aim to illuminate the potential pathways for this emblematic electric vehicle manufacturer. So, why might Fisker stock once again become a strategic entry point into the ever-evolving EV sector in 2025?

Recent Performance and Market Context

Over the past twelve months, Fisker’s stock (now FSRNQ on OTC Markets) has experienced profound volatility, mirrored by its extreme 99.99% annual decline and a recent price at $0.0007. This collapse in valuation was triggered by the company’s Chapter 11 filing in June 2024, resulting in its delisting from the NYSE and ensuing transition to the OTC market. While this scenario reflects severe turmoil, it has paradoxically established a unique entry zone for speculative participants seeking asymmetric opportunities post-liquidation.

Despite the extraordinary sell-off, several positive developments and market factors underpin renewed interest:

• Record revenue growth in 2023: In the last pre-bankruptcy year, Fisker recorded $272.88 million in revenue—a staggering 79,690% increase over 2022—the most rapid early-stage sales ramp ever observed among U.S. EV startups.
• Ocean SUV market resonance: The Fisker Ocean, the company’s flagship product, consistently garnered market praise for its compelling blend of design, autonomy (up to 360 miles EPA), and pricing flexibility, culminating in highly attractive discounts in late 2024.
• Positive sector trends: Globally, electric vehicle adoption, policy support, and technology innovation remain robust, ensuring that quality assets—even those in distressed phases—can rapidly regain market favor as conditions evolve in the tech/auto landscape.

The broader macroeconomic backdrop further stabilizes sector momentum: elevated commodity prices, tightening emission standards, and the acceleration of renewable energy mandates enhance longer-term demand for innovative EVs. Fisker, even amid its current challenges, continues to command residual brand awareness and an asset base that could spark renewed investor interest under the right scenario.

Technical Analysis

While conventional technical indicators such as RSI, MACD, and standard moving averages lose significance post-bankruptcy, Fisker’s current trading structure presents characteristics reminiscent of historic “recovery play” setups:

• Support and resistance: The price has stabilized in an ultra-low band between $0.0001 and $0.001, establishing an exceptionally firm base—with any incremental volume capable of triggering outsized price swings.
• Bullish reversal potential: In classic liquidity-driven plays, such deep discounts tend to attract speculative capital, seeking to capitalize on event-driven rebounds or news catalysts.
• Momentum factors: While volume remains thin (average 47,784 shares per day), the compressed float magnifies any renewed buying activity, suggesting potential for rapid upswings if a positive catalyst emerges (e.g., asset sales, restructuring announcements).

It is worth highlighting that this set-up, while highly speculative, is structurally designed to offer leveraged exposure to any favorable developments, especially for disciplined investors with an appetite for risk-reward asymmetry.

Fundamental Analysis

Despite the bankruptcy filing, the core fundamentals of Fisker prior to liquidation remain instructive:

• Unprecedented sales velocity: The company’s last full-year report demonstrated extraordinary top-line growth, a testament to significant latent demand and the underlying appeal of the Ocean SUV.
• Strategic asset base: With estimated assets between $500 million and $1 billion, and an established network of intellectual property, supply agreements (notably with Magna-Steyr), and residual inventories, Fisker retains foundational elements that may attract opportunistic buyers or pave the way for post-restructuring valuation re-appraisal.
• Attractive valuation: Current market capitalization near $1 million is a material disconnect from both historical valuations and the theoretical break-up value of assets. Such an extreme gap has previously catalyzed “asset play” speculation, especially if liquidation yields surpass expectations.
• Structural strengths: The brand’s high recognition, innovative product platform, and veteran leadership (Henrik Fisker’s design legacy is globally respected) all serve as intangible assets with embedded optionality.

While the company’s pre-bankruptcy EPS and net loss numbers (-$2.73/share and -$939.95 million in 2023) reflect the intense pressure of rapid scaling, the compound annual revenue growth remains a rare achievement among its peer group. For investors focused on turnaround or event-driven strategies, these attributes can justify renewed screening and model-building.

Volume and Liquidity

Fisker’s current trading activity, though sharply reduced, continues to demonstrate:

• Sustained (albeit thin) turnover: Ongoing daily volume signals persistent interest from market participants, even as liquidity contracts. This dynamic allows for nimble re-pricing on news, creating windows for tactical positioning.
• Float compactness: With 1.52 billion shares outstanding but extreme price compression post-bankruptcy, the effective tradable float is now favorable for traders seeking volatility-driven returns. Small changes in supply/demand can precipitate dramatic moves, especially in the OTC environment.
• Market confidence proxies: Periodic volume spikes and price stabilization—despite the challenging fundamentals—hint at underlying expectations for positive event catalysts or asset sales.

Catalysts and Positive Outlook

While Fisker’s current trajectory is defined by liquidation, several potential bullish catalysts may drive valuation re-appraisal:

• Asset monetization: The liquidation process is expected to crystallize the value of IP, physical inventory (including the well-received Ocean SUV), and production equipment. Should liquidation returns outstrip current market cap, shareholders may see value accretion.
• M&A or white knight intervention: The EV/AI/tech ecosystem has previously witnessed distressed leaders (such as Lordstown or Faraday Future) attract private capital or strategic buyers at advanced restructuring stages.
• Sector tailwinds: Global regulations remain overwhelmingly favorable to zero-emission platforms, and acquisition interest from either traditional auto players or newer EV entrants could emerge as they seek to expand IP portfolios or accelerate time to market.
• ESG alignment: Fisker’s prior focus on sustainability, vegan interiors, and carbon efficiency continues to align with international investor mandates, potentially stimulating strategic competitive bidding.

These catalysts, when considered alongside Fisker’s established supplier relationships and loyal customer base, may lay the groundwork for new value pathways in 2025 and beyond, making the current price band a compelling watch-list candidate for aggressive event-driven investors.

Investment Strategies

Multiple entry strategies present themselves under the current scenario:

• Short-term horizon: Tactical traders may monitor for volume surges or news flow related to asset sales or restructuring negotiations. The current price band is attractively asymmetric, allowing for outsized returns on modest capital risk.
• Medium-term perspective: Investors focused on event-driven outcomes can position ahead of key liquidation milestones. Notably, the October 2024 approval of the liquidation plan introduces a defined timeline for the crystallization of underlying asset value.
• Long-term optionality: For those with deep risk tolerance and the ability to navigate OTC microcaps, Fisker presents a rare “lottery ticket” profile. Should an unexpected M&A event unfold, the re-rating potential could be considerable—especially given the sector-wide appetite for scalable EV platforms and brands.

Ideal positioning could involve staged purchases near all-time lows, enabling mechanical risk controls and the possibility of defending a core position in anticipation of a favorable outcome from the ongoing bankruptcy process.

Is It the Right Time to Buy Fisker?

Synthesizing the above factors, Fisker’s current profile is underpinned by several strengths:

• Compelling “asset play” characteristics at a deeply discounted valuation
• Surviving demand and brand equity for the Ocean SUV, which may yet attract bidders
• Multiple avenues for positive re-rating through asset monetization or sector-wide M&A
• High volatility and compressed float, allowing for tactical trade execution and powerful momentum reversals

While significant risks remain associated with the bankruptcy and OTC environment, the potential for outsized returns seems to justify renewed interest from investors comfortable with the unique profile of turnaround, special situations, or event-driven strategies. In the context of the global shift toward electrification and the latent value embedded within legacy brands, Fisker may indeed be entering a new bullish phase—one that industry specialists and bold capital providers will be watching closely over the coming quarters.

For those seeking exposure to the vanguard of automotive disruption at a fraction of historical valuations, Fisker stock appears to represent an excellent opportunity to position for potential upside, as the next chapter in this sector continues to unfold.

How to buy Fisker stock in South Africa?

Buying Fisker (FSRNQ) stock online is quick and secure when you use a regulated broker. Investors typically opt for one of two main methods: spot (cash) buying, where you own the underlying shares, or trading via CFDs (Contracts for Difference), which allow for leveraged speculation without owning the actual shares. Each approach comes with specific risks and costs. For South Africans considering Fisker, it’s essential to compare brokers’ fees and investor protections—see our detailed broker comparison further down the page.

Cash Buying

Cash (or spot) purchase means buying actual Fisker shares and holding them in your brokerage account. In South Africa, most platforms charge a fixed commission per order, which can be around R110–R150, plus some minor levies and currency conversion fees if purchasing US stocks.

Example: Cash Buying Scenario

If Fisker trades at $0.0007 (about R0.013 at a USD/ZAR rate of 18.50), a R1,000 investment (≈$54) could buy around 77,143 shares, after deducting a R120 brokerage fee.
✔️ Gain scenario:
If the share price rises by 10% to $0.00077, your holdings would be worth approximately R1,100.
Result: +R100 gross gain, or +10% on your initial investment.

Trading via CFD

CFD trading lets you speculate on the movement of Fisker’s share price, using leverage and without taking direct ownership of the shares. CFD brokers typically charge a spread (the difference between buy and sell prices) and an overnight financing charge if positions are held beyond a day.

Example: CFD Trading Scenario

Let’s say you open a CFD position on Fisker with a R1,000 deposit and 5x leverage. This means you control R5,000 worth of Fisker exposure.
✔️ Gain scenario:
If Fisker stock rises by 8%, your position would return 8% × 5 = 40%.
Result: +R400 gain on a R1,000 margin (excluding spreads and overnight costs).

Final Advice

Before investing, always compare brokers’ fees, access conditions, and regulatory protections—costs can vary widely, especially between cash and CFD trading. You’ll find a full broker comparison further down this page. The right method for buying Fisker depends on your investing goals, experience, and risk appetite. Invest carefully and choose the option that matches your approach.

Our 7 tips for buying Fisker stock

The latest news about Fisker

The official court-approved liquidation plan for Fisker Inc. was finalized in October 2024, signaling a definitive cessation of operations. Following a Chapter 11 bankruptcy declaration in June 2024, U.S. courts have now sanctioned asset liquidations, confirming that remaining vehicle, parts, and intellectual property sales will proceed strictly to satisfy creditor claims. With no residual value anticipated for shareholders, this action closes the prospect of recovery for equity stakeholders, including any with interests or claims originating from South Africa or the broader region.

The Fisker Ocean SUV, the company’s centerpiece product, concluded its sales phase with deep price reductions but with no official distribution network or support presence in South Africa. By the time liquidation commenced, any Fisker Oceans entering the South African secondary market were imported individually rather than via official channels, and there are currently no indications of sanctioned parts supplies or authorized maintenance support for local owners. While some potential buyers may have seen reduced global prices as an opportunity, the absence of after-sales infrastructure in ZA severely curtails vehicle viability and impairs consumer value in the region.

Trading of Fisker shares is now relegated to the OTC market with a latest recorded price of only $0.0007 per share, reflecting a 99.99% value loss over the past year. The near-total collapse of market capitalization, with a current estimate of only $1.06 million and minimal trading volume, underscores that Fisker’s shares are purely speculative with no investment merit. These dynamics render the stock non-compliant for inclusion in regulated portfolios within ZA, and local brokers may restrict or disallow further trading due to the high risk of total capital loss and the company’s ineligibility for any legal or tax-advantaged investment structures.

Regulatory scrutiny from the U.S. Securities and Exchange Commission continues, focusing on possible securities law violations by Fisker’s former executives. The ongoing investigation may impact creditor recoveries but is not expected to provide any security or compensation for shareholders, regardless of their location. For financial professionals in South Africa, it is important to note that while some South African funds may have previously had exposure via international mandates, there is currently no strategic or regulatory reason to maintain or initiate coverage of this stock.

Despite Fisker’s collapse, the South African electric vehicle market remains fundamentally unaffected as the company had no direct presence, partnerships, or supply relationships in-country. The downfall provides a cautionary example but does not carry direct operational risk, regulatory implication, or systemic concern for South African automotive or capital markets. Any positive insights concern industry risk management lessons or the resilience of local investment practices—rather than opportunity connected to Fisker itself.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.