In the latest quarter, 36 analysts provided ratings for Tesla, showcasing a mix of bullish and bearish perspectives. The following analysis presents key insights into Tesla’s market standing, based on recent analyst actions and evaluations.
Analyst Ratings Overview
The table below provides a snapshot of the recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Category | Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish |
|---|---|---|---|---|---|
| Total Ratings | 6 | 16 | 7 | 2 | 5 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 2 | 6 | 1 | 1 | 3 |
| 2M Ago | 0 | 3 | 2 | 0 | 0 |
| 3M Ago | 4 | 7 | 3 | 1 | 2 |
Price Targets
Analysts have recently evaluated Tesla and provided 12-month price targets. The average target is $326.86, accompanied by a high estimate of $500.00 and a low estimate of $19.05. A decline of 1.58% from the prior average price target is evident in the current average.
Breaking Down Analyst Ratings: A Detailed Examination
The perception of Tesla by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst Evaluations
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mark Delaney | Goldman Sachs | Lowers | Neutral | $285.00 | $315.00 |
| Vijay Rakesh | Mizuho | Lowers | Outperform | $375.00 | $390.00 |
| Ronald Jewsikow | Guggenheim | Maintains | Sell | $175.00 | $175.00 |
| Daniel Ives | Wedbush | Maintains | Outperform | $500.00 | $500.00 |
| … | … | … | … | … | … |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from ‘Outperform’ to ‘Underperform’.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Tesla’s stock.
Get to Know Tesla Better
Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck.
Tesla: Financial Performance Dissected
- Market Capitalization: Positioned above industry average, the company’s market capitalization underscores its superiority in size.
- Revenue Growth: Tesla’s revenue growth over a period of 3M has faced challenges, with a decline of approximately -9.23%.
- Net Margin: The company’s net margin is a standout performer, exceeding industry averages with an impressive net margin of 2.12%.
- Return on Equity (ROE): Tesla’s ROE excels beyond industry benchmarks, reaching 0.55%.
- Return on Assets (ROA): Tesla’s ROA stands out, surpassing industry averages with an impressive ROA of 0.33%.
- Debt Management: Tesla’s debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.18.
How Are Analyst Ratings Determined?
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.