Tesla TSLA has been analyzed by 34 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 14 | 13 | 3 | 1 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 4 | 4 | 2 | 0 |
| 2M Ago | 0 | 3 | 1 | 0 | 0 |
| 3M Ago | 2 | 6 | 8 | 1 | 1 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $244.41, with a high estimate of $350.00 and a low estimate of $120.00. Observing a downward trend, the current average is 7.03% lower than the prior average price target of $262.88.
Analyzing Analyst Ratings: A Detailed Breakdown
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 | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Adam Jonas | Morgan Stanley | Maintains | Overweight | $320.00 | $320.00 |
| Toni Sacconaghi | Bernstein | Lowers | Underperform | $120.00 | $150.00 |
| Vijay Rakesh | Mizuho | Lowers | Neutral | $195.00 | $270.00 |
| Mark Delaney | Goldman Sachs | Lowers | Neutral | $190.00 | $220.00 |
| Patrick Hummel | UBS | Lowers | Neutral | $165.00 | $225.00 |
| Patrick Hummel | UBS | Lowers | Neutral | $165.00 | $225.00 |
| Daniel Ives | Wedbush | Maintains | Outperform | $315.00 | - |
| Colin Langan | Wells Fargo | Lowers | Underweight | $125.00 | $200.00 |
| Emmanuel Rosner | Deutsche Bank | Lowers | Buy | $218.00 | $250.00 |
| Adam Jonas | Morgan Stanley | Lowers | Overweight | $320.00 | $345.00 |
| Tom Narayan | RBC Capital | Raises | Outperform | $298.00 | $297.00 |
| Tom Narayan | RBC Capital | Maintains | Outperform | $297.00 | - |
| Jairam Nathan | Daiwa Capital | Announces | Neutral | $195.00 | - |
| Alexander Potter | Piper Sandler | Lowers | Overweight | $225.00 | $295.00 |
| Daniel Ives | Wedbush | Maintains | Outperform | $315.00 | - |
| Ben Kallo | Baird | Maintains | Outperform | $300.00 | - |
| Emmanuel Rosner | Deutsche Bank | Lowers | Buy | $250.00 | $260.00 |
| Ryan Brinkman | JP Morgan | Lowers | Underweight | $130.00 | $135.00 |
| Itay Michaeli | Citigroup | Lowers | Neutral | $224.00 | $255.00 |
| Mark Delaney | Goldman Sachs | Lowers | Neutral | $220.00 | $255.00 |
| Patrick Hummel | UBS | Lowers | Neutral | $225.00 | $229.00 |
| Ben Kallo | Baird | Maintains | Outperform | $300.00 | - |
| Daniel Ives | Wedbush | Lowers | Outperform | $315.00 | $350.00 |
| Vijay Rakesh | Mizuho | Lowers | Buy | $270.00 | $310.00 |
| Tom Narayan | RBC Capital | Lowers | Outperform | $297.00 | $300.00 |
| William Stein | Truist Securities | Lowers | Hold | $193.00 | $227.00 |
| Dan Levy | Barclays | Lowers | Equal-Weight | $225.00 | $250.00 |
| Mark Delaney | Goldman Sachs | Lowers | Neutral | $220.00 | $255.00 |
| Jennifer Liang | KGI Securities | Lowers | Neutral | $213.00 | $309.00 |
| Adrian Yanoshik | Redburn Atlantic | Announces | Sell | $170.00 | - |
| Daniel Ives | Wedbush | Maintains | Outperform | $350.00 | - |
| Adam Jonas | Morgan Stanley | Lowers | Overweight | $345.00 | $380.00 |
| Dan Levy | Barclays | Lowers | Equal-Weight | $250.00 | $260.00 |
| Daniel Ives | Wedbush | Maintains | Outperform | $350.00 | - |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Tesla. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Tesla compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Tesla's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Tesla's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Tesla analyst ratings.
Get to Know Tesla Better
Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2023 were a little over 1.8 million vehicles.
A Deep Dive into Tesla's Financials
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Tesla's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 3.49%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Tesla's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 31.5% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 13.66%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Tesla's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 7.9%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.15.
Analyst Ratings: Simplified
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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