Free Trial

FREYR Battery (FREY) Competitors

FREYR Battery logo
$1.59 +0.11 (+7.43%)
As of 08/22/2025

FREY vs. BLDP, NPWR, BYRN, SES, EAF, RONI, NRGV, NVX, ELVA, and ELPW

Should you be buying FREYR Battery stock or one of its competitors? The main competitors of FREYR Battery include Ballard Power Systems (BLDP), NET Power (NPWR), Byrna Technologies (BYRN), SES AI (SES), GrafTech International (EAF), Rice Acquisition Corp. II (RONI), Energy Vault (NRGV), NOVONIX (NVX), Electrovaya (ELVA), and Elong Power (ELPW). These companies are all part of the "electrical equipment" industry.

FREYR Battery vs. Its Competitors

Ballard Power Systems (NASDAQ:BLDP) and FREYR Battery (NYSE:FREY) are both small-cap electrical equipment companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, media sentiment, earnings, risk, analyst recommendations, profitability, dividends and valuation.

Ballard Power Systems currently has a consensus price target of $1.51, suggesting a potential downside of 24.69%. FREYR Battery has a consensus price target of $4.00, suggesting a potential upside of 151.57%. Given FREYR Battery's stronger consensus rating and higher probable upside, analysts clearly believe FREYR Battery is more favorable than Ballard Power Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ballard Power Systems
4 Sell rating(s)
11 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.73
FREYR Battery
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

FREYR Battery has lower revenue, but higher earnings than Ballard Power Systems. FREYR Battery is trading at a lower price-to-earnings ratio than Ballard Power Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ballard Power Systems$69.73M8.64-$324.24M-$0.99-2.03
FREYR BatteryN/AN/A-$71.94M-$0.76-2.09

In the previous week, Ballard Power Systems had 10 more articles in the media than FREYR Battery. MarketBeat recorded 10 mentions for Ballard Power Systems and 0 mentions for FREYR Battery. Ballard Power Systems' average media sentiment score of 0.73 beat FREYR Battery's score of 0.00 indicating that Ballard Power Systems is being referred to more favorably in the media.

Company Overall Sentiment
Ballard Power Systems Positive
FREYR Battery Neutral

FREYR Battery has a net margin of 0.00% compared to Ballard Power Systems' net margin of -409.35%. FREYR Battery's return on equity of -19.16% beat Ballard Power Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Ballard Power Systems-409.35% -21.52% -18.62%
FREYR Battery N/A -19.16%-16.70%

Ballard Power Systems has a beta of 1.76, suggesting that its stock price is 76% more volatile than the S&P 500. Comparatively, FREYR Battery has a beta of 0.94, suggesting that its stock price is 6% less volatile than the S&P 500.

28.0% of Ballard Power Systems shares are owned by institutional investors. Comparatively, 52.3% of FREYR Battery shares are owned by institutional investors. 0.2% of Ballard Power Systems shares are owned by company insiders. Comparatively, 20.4% of FREYR Battery shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

FREYR Battery beats Ballard Power Systems on 10 of the 15 factors compared between the two stocks.

Get FREYR Battery News Delivered to You Automatically

Sign up to receive the latest news and ratings for FREY and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FREY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

FREY vs. The Competition

MetricFREYR Batteryelectrical machinery, equipment, & supplies IndustryEnergy SectorNYSE Exchange
Market Cap$223.38M$74.85M$8.03B$21.09B
Dividend YieldN/AN/A10.93%3.55%
P/E Ratio-2.09N/A73.1128.89
Price / SalesN/A0.2424,683.8053.03
Price / CashN/A0.0135.3118.23
Price / Book0.350.353.914.69
Net Income-$71.94M-$30.75M$4.27B$995.89M
7 Day Performance7.43%3.72%1.64%1.90%
1 Month Performance7.43%3.72%0.83%1.72%
1 Year Performance19.55%9.77%8.03%10.19%

FREYR Battery Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FREY
FREYR Battery
1.8325 of 5 stars
$1.59
+7.4%
$4.00
+151.6%
+19.5%$223.38MN/A-2.09210
BLDP
Ballard Power Systems
1.1062 of 5 stars
$1.99
-0.5%
$1.51
-23.9%
+1.0%$599.74M$69.73M-2.011,370
NPWR
NET Power
2.6441 of 5 stars
$2.44
+2.5%
$4.00
+63.9%
-70.0%$521.38M$250K-1.0324
BYRN
Byrna Technologies
3.1647 of 5 stars
$19.40
+1.1%
$38.75
+99.7%
+82.5%$435.46M$85.76M31.29150News Coverage
Positive News
Gap Up
SES
SES AI
1.8687 of 5 stars
$1.13
+4.2%
$1.50
+33.3%
+3.4%$394.98M$2.04M-3.63130
EAF
GrafTech International
2.0846 of 5 stars
$1.23
-4.3%
$1.63
+32.7%
+34.3%$330.43M$538.78M-1.491,072Stock Split
RONI
Rice Acquisition Corp. II
N/A$2.38
-4.4%
N/A-70.0%$287.39MN/A0.0024News Coverage
High Trading Volume
NRGV
Energy Vault
1.4224 of 5 stars
$1.52
+2.4%
$1.42
-6.5%
+52.3%$239.55M$46.20M-1.5670
NVX
NOVONIX
0.7483 of 5 stars
$1.29
-3.4%
N/A-14.1%$213.16M$5.85M0.00N/ANews Coverage
ELVA
Electrovaya
2.4895 of 5 stars
$4.81
+1.9%
$6.13
+27.3%
+123.7%$189.30M$44.62M160.3997Positive News
Gap Up
ELPW
Elong Power
N/A$3.44
-5.5%
N/AN/A$182.20M$3.16M0.00N/ANews Coverage
Analyst Upgrade
Gap Up

Related Companies and Tools


This page (NYSE:FREY) was last updated on 8/25/2025 by MarketBeat.com Staff
From Our Partners