Overview

• U.S. robotics and AI firm's Q1 revenue rose 62% yr/yr, driven by initial EAI robot deliveries

• Operating loss for Q1 narrowed 18% from prior year

• Company raised 2026 EAI robot shipment target to 1,500 units, secured $45 mln new financing

Outlook

• Company raises 2026 EAI robot shipment target to over 1,500 units

• Faraday Future to prioritize education-focused EAI robot deployments in 2026

• Company plans early-June launch of new EAI robot to support shipment growth

Result Drivers

• EAI ROBOTICS LAUNCH - Initial deliveries of EAI robots drove Q1 revenue growth and marked the first quarter of meaningful robotics sales

• EDUCATION AND ECOSYSTEM DEMAND - Rising demand across education, security, reception, and research use cases supported shipments and revenue

• COST DISCIPLINE - Lower general and administrative expenses helped narrow operating loss

Company press release: ID:nBwx95RTa

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Net Income from operations		-$35.9 mln
Q1 Operating Expenses		$24.53 mln
Q1 Operating Income		-$35.91 mln
Q1 Pretax Profit		-$42.30 mln

Analyst Coverage

• The one available analyst rating on the shares is "buy"

• The average consensus recommendation for the auto & truck manufacturers peer group is "hold."

• Wall Street's median 12-month price target for Faraday Future Intelligent Electric Inc is $5.00, about 1,119.5% above its May 13 closing price of $0.41

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