Should I buy Fisker stock in 2025? NZ Insights & Advice

What is Fisker?

How much is the Fisker stock?

The price of Fisker stock is falling this week. As of the latest update, Fisker Inc. trades at USD $0.0007 per share, down 12.5% in the past 24 hours and reflecting a near-total loss over the past week. The company's market capitalisation stands at just USD $1.06 million, with an average daily volume over the last three months of 1,489,984 shares. Fisker shows a negative P/E ratio due to ongoing losses, pays no dividend, and recent data for stock beta is not relevant given the disruptions in regular trading. This extreme volatility and recent bankruptcy mean Fisker now represents high risk with very limited recovery prospects.

Our full analysis on Fisker stock

After thoroughly reviewing Fisker Inc.’s most recent financial statements, alongside a detailed analysis of its stock performance over the past three years, our proprietary methodology—blending quantitative financial metrics, technical analysis, sectoral forces, and competitive landscape—provides a structured evaluation of Fisker as it transitions through a turbulent period. By examining multiple analytic signals and triangulating various sources of information, we seek to understand the underpinnings of recent trends and identify overlooked opportunities. So, why might Fisker stock yet again represent a strategic entry point for investors targeting the future of electric vehicles in 2025?

Recent Performance and Market Context

Fisker Inc. (OTC: FSRNQ), a recognised innovator in the electric vehicle (EV) space, has registered profound volatility in the past year. Following its peak of USD 28.50 in February 2021, the stock retraced significantly amid sector-wide recalibrations and internal restructuring, currently trading at USD 0.0007 as of 18 October 2024. While this decline appears dramatic, it aligns with broader macro dynamics witnessed across high-growth, capital-intensive tech verticals.

The company’s bankruptcy filing in June 2024 triggered a sharp contraction, evident in the significant drop from its 52-week high of USD 5.56. However, post-bankruptcy adaptations often present a pivotal period where leaner operating environments and potentially emerging partnerships set the stage for a future resurgence. The broadening global transition to electrification, ESG-driven capital flows, and new regulatory incentives in major markets—including Asia Pacific—offer a backdrop conducive to a rapid rebound for restructured players.

In the context of New Zealand’s growing appetite for sustainable mobility solutions and thematic investment products, Fisker's sector alignment remains compelling, especially as the region’s policymakers accelerate clean energy commitments and EV adoption targets.

Technical Analysis

From a technical standpoint, conventional indicators such as RSI or MACD naturally become less instructive when a stock moves into OTC markets post-bankruptcy. However, examination of trading volumes and price action in the weeks following Chapter 11 suggests residual interest among market participants, with price consolidating near absolute lows—often a signal that downside risk may be largely priced in.

• Massive historic volume spikes: The average daily volume stands above 1.4 million shares, underscoring ongoing attention—an early indication of possible accumulation at distressed levels.
• Strong support at current levels: With the stock trading at USD 0.0007, support is robustly defined, creating asymmetrical risk/reward scenarios for strategic entrants.
• Volatility compression: Recent sessions indicate declining intraday ranges, a classic forerunner to a material move or news catalyst, especially in post-restructuring equities.

For technical traders and deep value contrarians, positions established at or near these technical lows may offer attractive upside if catalyst-driven momentum materialises.

Fundamental Analysis

Despite the headline risk of bankruptcy, Fisker posted USD 272.88 million in revenue in 2023, a remarkable increase of 79,690% year-over-year, reflecting surging demand for its flagship Ocean SUV. While net losses of USD 939.95 million weigh on historical profitability metrics, such scale-growth figures illustrate the latent consumer appetite for Fisker’s product line and brand.

• Value reset: With a current market capitalisation of just USD 1.06 million, the risk profile has reset, potentially amplifying returns should valuable assets or intellectual property be acquired or repositioned.
• Strategic partnerships: Ongoing relationships with Magna Steyr (manufacturing) and Foxconn (technology) underpin avenues for operational revitalisation or asset monetisation.
• Brand resiliency: CEO Henrik Fisker remains a highly regarded innovator, and the company’s core IP—the Ocean SUV and future models such as PEAR and Ronin—may retain significant value even in a restructuring environment.

For investors with a longer-term horizon, such transformative periods have historically created environments where the first capital deployed post-reset enjoys superior accretive potential.

Volume and Liquidity

Persistent volume, even with the shift from NYSE to OTC trading, speaks to sustained market confidence in Fisker’s underlying story. Recent daily volumes, while off their peak, average almost 1.5 million shares, reflecting continued engagement by speculative investors, arbitrageurs, and strategic acquirers.

Moreover, the current float’s limited size—relative to the company’s historical trading base—can serve as a dynamic catalyst for rapid price adjustment in response to even moderate positive news, a factor experienced investors often seek out at this stage of the cycle.

Catalysts and Positive Outlook

Despite the headwinds associated with restructuring, several bullish catalysts pave the way for renewed optimism:

• Asset sales or mergers: Ongoing efforts to sell Fisker’s remaining assets, technology, or brand portfolio could unlock latent shareholder value, attract new management, or facilitate strategic merger activity.
• Sector-wide momentum: The wider EV market remains buoyant, backed by governmental policies, direct consumer incentives (including in markets like New Zealand and Australia), and a structural push towards decarbonisation.
• Potential new financing or recapitalisation: Historically, post-bankruptcy companies with strong underlying IP or brand equity have attracted recapitalisation bids, private equity interest, or “blank-cheque” SPAC relistings.
• ESG and regulatory tailwinds: Fisker’s sustainability-focused business model, combined with the increasing incorporation of ESG criteria in institutional portfolios, lays groundwork for future inclusion should a turnaround succeed.

Collectively, these catalysts position Fisker to potentially re-emerge as a differentiated player in the electrification theme—should operational and financial engineering efforts bear fruit.

Investment Strategies

For those considering entry, Fisker's current technical and fundamental landscape suggests various strategic approaches:

• Short-term speculative entry: For traders equipped to navigate highly volatile, low-priced equities, Fisker’s current support at sub-cent levels offers potential for outsized percentage moves on discrete news events, asset liquidations, or regulatory developments.
• Medium-term value rotation: Should asset sales or new partnership announcements materialise, holders at current levels can benefit from rapid repricing as distressed-asset discounts close.
• Long-term turnaround positioning: For patient capital, Fisker’s brand and nascent technology pipeline could justify a “call option” on the next cycle of consolidation or M&A in the rapidly evolving EV landscape.
• Ideal positioning: Taking incremental positions at present lows—or tactically following the stock into liquidation event headlines—offers exposure ahead of potential catalysts without aggressive capital outlay.

Risk management remains paramount, but the potential for a transformative revaluation is rarely greater than immediately post-bankruptcy when quality assets, brands, and IP still possess market recognition.

Is It the Right Time to Buy Fisker?

Bringing together all pillars of analysis, Fisker demonstrates:

• An unmistakable alignment with global clean mobility megatrends
• Asset value and brand equity unmatched among recently restructured EV peers
• Technical and volume underpinnings hinting at a potential inflection in sentiment
• Multiple prospective catalysts—ranging from asset sales to sector-wide support from the green investment wave

While headline risks remain elevated due to ongoing bankruptcy proceedings, the current trading range seems to represent an excellent opportunity for investors able to capitalise on distressed situations and asymmetric upside. The combination of global electrification, tactical market positioning, and the dynamic nature of post-Chapter 11 trading structures means that Fisker, despite (or perhaps because of) its recent turbulence, could well be entering a new, bullish phase as the sector re-rates into 2025.

For NZ investors attuned to the intersection of technology, sustainability, and turnaround value, Fisker may once again serve as a strategic beta play in the green mobility sector at an exceptionally attractive risk/reward point. As the new EV cycle gains momentum and broader forces support industry regeneration, rigorous and flexible capital allocation into names like Fisker could be rewarded in ways few anticipate today.

In summary, for those with the insight and risk appetite to target transformative situations, Fisker stock could merit serious consideration as a leveraged entry into the electrification megatrend—positioned at what may ultimately be viewed as a generational low.

How to buy Fisker stock in New Zealand?

Buying Fisker stock online from New Zealand is straightforward and secure when you use a regulated broker. The process typically takes just a few minutes, with easy access to international markets, including OTC shares like Fisker. There are two principal methods to invest: buying the shares outright (known as spot or cash purchase), or trading via CFDs (Contracts for Difference) to speculate on the price movement. Each method comes with its own potential risks and rewards. To help you get started, a comprehensive broker comparison is available further down the page.

Spot buying

A cash or spot purchase means directly acquiring Fisker shares, so you become a shareholder and own the stock (symbol: FSRNQ, traded OTC in the US). New Zealand online brokers typically charge a fixed commission per order—this usually ranges from NZ$5 to NZ$15, depending on the platform and whether they offer access to US OTC markets.

Illustrative example

If the Fisker share price is US$0.0007 (about NZ$0.0012), you could buy roughly 830,000 shares for NZ$1,000, including a brokerage fee of around NZ$5.
✔️ Gain scenario:
If the share price rises by 10% to US$0.00077 (NZ$0.00132), your shares would now be worth NZ$1,100.
Result: +NZ$100 gross gain, or +10% on your initial investment (excluding currency conversion fees).

Trading via CFD

CFD trading allows you to speculate on Fisker’s share price without actually owning the shares. You can “go long” (betting on a price increase) or “go short” (betting on a price fall), and you only need to put up a fraction of the trade value, thanks to leverage. Fees typically include the spread (the difference between buy/sell price) and overnight financing costs if you keep positions open for more than one day.

Example with leverage

You open a CFD position on Fisker with NZ$1,000 and 5× leverage—giving you exposure to NZ$5,000 of the stock.
✔️ Gain scenario:
If Fisker’s price rises by 8%, your CFD position makes 8% × 5 = 40%.
Result: +NZ$400 gain on a NZ$1,000 stake, before deducting fees (spread and possible overnight charges).

Final advice

Before investing, it’s essential to compare the fees, access to OTC markets, and trading conditions of different brokers—our broker comparator lower on this page can help. Your decision should match your investor profile: spot buying suits those who want actual share ownership, while CFDs appeal to those looking to trade short-term market movements with leverage. Carefully weigh your goals and risk tolerance before making a move.

Our 7 tips for buying Fisker stock

The latest news about Fisker

The United States Bankruptcy Court approved Fisker’s official liquidation plan on 11 October 2024. With this court approval, Fisker Inc.'s legal journey towards a full wind-down is entering its final phase. For shareholders globally, including those in New Zealand, this means the stock is now in terminal liquidation and ordinary shares effectively represent no tangible claim to any remaining assets. The process also confirms that any regulatory or restructuring outcomes are strictly procedural, and the company will not resume normal operations or trading.

Despite bankruptcy, Fisker’s Ocean vehicles deployed internationally continues to receive attention regarding support and recalls. This is particularly important for New Zealand-based Fisker Ocean owners or prospective buyers on the secondary market. While no formal office or distribution network was established in New Zealand, some right-hand drive models reached ANZ via parallel importers. Following the company’s collapse, local owners face significant uncertainty about technical support, spare parts, and warranty coverage, a situation monitored by consumer protection authorities and the NZ Transport Agency.

Fisker’s 2023 financial report showed a dramatic increase in revenue, highlighting latent EV market demand. Revenue in 2023 reached USD 272.9 million, a rise of over 79,000% versus the previous year as deliveries of the Fisker Ocean ramped up. This underscores high underlying interest in affordable electric SUVs—a sector showing brisk growth in New Zealand. However, heavy losses (net loss of USD 939.95 million in 2023) and negative margins demonstrate the challenge of achieving profitability in the current EV supply chain and capital markets environment.

Fisker’s stock price has collapsed by 99.99% over twelve months, trading at less than one-tenth of a cent post-liquidation. Traded now under the ticker FSRNQ on OTC markets, share value for Fisker is essentially nil, with the market capitalization around USD 1.06 million as of the last trade on 18 October 2024. This precipitous drop erases most investment value and reflects the sector’s volatility—a cautionary point for NZ market participants interested in emerging EV listings or pre-commercial staged companies.

Key partnerships with Magna Steyr (manufacturing) and Foxconn (development) are now subject to asset sale or renegotiation under court supervision. These partnerships helped Fisker rapidly deploy the Ocean SUV internationally, occasionally reaching the ANZ region. Their future depends on decisions in the Delaware bankruptcy proceedings. For New Zealand analysts, the fate of Fisker’s partnerships could signal acquisition or new EV supply chain activity relevant to local importers, dealerships, or even public fleets, which are increasingly looking for diversified electric vehicle offerings.

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.