Fisker Stock Jumps on New Partnership, But Analysts Remain Cautious on Long-Term Outlook

• Fisker stock surges 9%+ on news of a new strategic partnership, easing bankruptcy worries • Identity of strategic partner not yet known, but brought on to address issues within Fisker rather than bankruptcy • Fisker facing declining capital, mechanical issues with Ocean SUV, concerns over pricing compared to gas vehicles • Fisker offered “going concern” warning last month about potentially running out of cash this year • Analysts cautious on stock with a Hold consensus rating after 97% drop last year, but see over 500% upside potential