Over the past three months, 18 analysts have shared their views on Tesla, expressing a range of opinions from bullish to bearish. This article summarizes their recent ratings and provides insights into the changing sentiments within the past 30 days and comparing them to the preceding months.
Analyst Ratings
The following table summarizes the recent ratings from the 18 analysts:
| Category | Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish |
|---|---|---|---|---|---|
| Total Ratings | 3 | 7 | 5 | 1 | 2 |
| Last 30D | 0 | 1 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 2 | 1 | 2 |
| 2M Ago | 2 | 2 | 2 | 0 | 0 |
| 3M Ago | 1 | 3 | 0 | 0 | 0 |
Price Targets
The 12-month price targets analyzed by analysts offer insights with an average target of $443.9, a high estimate of $600.00, and a low estimate of $25.28. Observing a 3.33% increase, the current average has risen from the previous average price target of $429.61.
Understanding Analyst Ratings
An in-depth analysis of recent analyst actions unveils how financial experts perceive Tesla. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Recent Analyst Actions
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Vijay Rakesh | Mizuho | Raises | Outperform | $540.00 | $530.00 |
| William Stein | Truist Securities | Lowers | Hold | $438.00 | $439.00 |
| Dan Levy | Barclays | Raises | Equal-Weight | $360.00 | $350.00 |
| Joseph Spak | UBS | Raises | Sell | $307.00 | $247.00 |
| Colin Langan | Wells Fargo | Raises | Underweight | $130.00 | $120.00 |
| Gordon Johnson | GLJ Research | Raises | Sell | $25.28 | $19.05 |
| William Stein | Truist Securities | Lowers | Hold | $439.00 | $444.00 |
| Ben Kallo | Baird | Maintains | Outperform | $548.00 | $548.00 |
| George Gianarikas | Canaccord Genuity | Raises | Buy | $551.00 | $482.00 |
| Edison Yu | Deutsche Bank | Raises | Buy | $500.00 | $470.00 |
| William Stein | Truist Securities | Raises | Hold | $444.00 | $406.00 |
| Daniel Ives | Wedbush | Maintains | Outperform | $600.00 | $600.00 |
| Alexander Potter | Piper Sandler | Maintains | Overweight | $500.00 | $500.00 |
| Andrew Percoco | Morgan Stanley | Raises | Equal-Weight | $425.00 | $410.00 |
| Vijay Rakesh | Mizuho | Lowers | Outperform | $475.00 | $485.00 |
| Stephen Gengaro | Stifel | Raises | Buy | $508.00 | $483.00 |
| Daniel Ives | Wedbush | Maintains | Outperform | $600.00 | $600.00 |
| Daniel Ives | Wedbush | Maintains | Outperform | $600.00 | $600.00 |
Key Insights
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance.
- Rating: Analysts assign qualitative assessments to stocks, ranging from ‘Outperform’ to ‘Underperform’.
- Price Targets: Analysts set price targets as an estimate of a stock’s future value.
About Tesla
Tesla is a vertically integrated battery electric vehicle automaker and developer of real-world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, including luxury and mid-size sedans, crossover SUVs, a light truck, and a semi-truck.
Key Indicators: Tesla’s Financial Health
- Market Capitalization Analysis: The company’s market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers.
- Revenue Growth: Tesla’s remarkable performance in 3M is evident, with a revenue growth rate of 11.57%.
- Net Margin: Tesla’s net margin excels beyond industry benchmarks, reaching 4.89%.
- Return on Equity (ROE): Tesla’s ROE excels beyond industry benchmarks, reaching 1.75%.
- Return on Assets (ROA): Tesla’s financial strength is reflected in its exceptional ROA, which exceeds industry averages, with a remarkable ROA of 1.05%.
- Debt Management: Tesla’s debt-to-equity ratio is below the industry average, with a ratio of 0.17.
Analyst Ratings: What Are They?
Analysts track company performance and predict future earnings. They typically rate each stock once per quarter or whenever the company has a major update. Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.