• Emerging Growth Research reiterated its Buy-Emerging rating on Faraday Future, raising its 12-month price target to USD 30 from USD 2.
• The revised target reflects a completed 1-for-150 reverse stock split, aimed at maintaining Nasdaq minimum bid price compliance.
• The report cited 242 embodied AI robot shipments in Q2 2026, above prior guidance of 220.
• 2026 shipment outlook lifted to 1,500 to 2,000 robots, up from prior guidance of about 1,500.
• Emerging Growth said its valuation blends TAM analysis with a DCF framework, while flagging early-stage commercialization and negative cash flow.

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