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Litchfield Hills Research Reiterates Buy Rating and $66 Price Target; Faraday Future Global CEO YT Jia and the Founding Team Affirm Their Commitment to Long-Term Share Ownership

Business Wire

  • Litchfield Hills Research reiterates its Buy rating and 12-month price target of $66.00 per share and raises its 2026 revenue estimate to approximately $5.8 million from $4.5 million.

  • In the second half of July, the Company began implementing adjustments to management compensation by reducing short-term cash compensation and introducing equity incentives linked to the Company's long-term value. The adjustments are intended to optimize cash resource allocation, support core business operations and strengthen the long-term alignment of interests among management, employees, the Company and its stockholders.

  • The Form 4 filings made on August 19 mark the first step in the disclosure process related to these management compensation adjustments. Based on information currently available to the Company, the relevant executives have not initiated discretionary open-market sales of FF shares for personal investment purposes. Future Form 4 filings may reflect shares withheld or sold solely to satisfy required tax withholding obligations arising upon the vesting or settlement of equity awards; such tax-driven transactions should not necessarily be interpreted as voluntary sales for personal investment purposes or as a change in the reporting person's view of FF's long-term value.

LOS ANGELES, August 20, 2026--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ("Faraday Future," "FF" or the "Company"), a U.S.-based Physical AI ecosystem company, today noted the publication of an updated research report by Litchfield Hills Research LLC covering FF's second-quarter 2026 results and business progress. Separately, the Company provided an update on the management compensation adjustments it began implementing in the second half of July and additional context regarding related Form 4 disclosures.

Litchfield Hills Research

In the report, dated August 19, 2026, analyst Theodore R. O'Neill reiterates Litchfield Hills Research's Buy rating and 12-month price target of $66.00 per share. The price target is based on the research firm's discounted future earnings methodology.

Litchfield Hills Research states that FF continued positive execution in the rollout of its EAI robotics business during the second quarter of 2026. The report highlights cumulative revenue of approximately $1.35 million for the first half of 2026, compared with approximately $370,000 for the prior-year period, as well as positive product gross margins and the Company's target of shipping 2,000 robots by the end of 2026.

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