-
Rivian Is A 'Show-Me-The-Money' Story But Has 'More Pieces In Place' Than Peers: Analysts React To Q1 Earnings
Thursday, May 12, 2022 - 1:01pm | 541Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported first-quarter production of 2,553 vehicles. The company delivered 1,227 vehicles in the first quarter and reported more than 90,000 net pre-orders of its Rivian R1 electric pickup truck. Here is what analysts are...
-
Why These Ford Analysts Are Concerned About Dearborn's Outlook
Friday, April 29, 2022 - 4:52pm | 284Ford Motor Company (NYSE: F) reported first-quarter adjusted earnings Wednesday of 38 cents per share, beating the consensus estimate of 29 cents per share. The company also reiterated fiscal 2022 EBIT guidance for between $11.5 billion and $12.5 billion and adjusted free cash flows between $5...
-
4 GM Analysts Break Down Q1 Earnings: 'This Is Just Borrowing From 2023'
Wednesday, April 27, 2022 - 3:10pm | 514General Motors Company (NYSE: GM) reported first-quarter results Tuesday, with revenues of $35.98 billion missing Street expectations and adjusted earnings of $2.09 per share significantly beating the consensus estimate of $1.68 per share. RBC Capital Markets On General Motors: Analyst Joseph...
-
Tesla Is Extending Lead In EV 'Arms Race' But Risks Remain: 4 Analysts React To Record Q1
Thursday, April 21, 2022 - 6:03pm | 790Electric vehicle giant Tesla Inc (NASDAQ: TSLA) reported record revenue, vehicle deliveries, operating profits and operating margins in the first quarter. Analysts reacted to the earnings report with several raising their price targets and outlook. The Tesla Analysts: Wedbush analyst Daniel Ives...
-
EV Week In Review: Musk Stars At 'Cyber Rodeo' Show, GM Dips Heel Into Low-cost EVs, Toyota Takes A Leaf Out of Tesla's Book And More
Saturday, April 9, 2022 - 9:18am | 916EV stocks fell across the board this week as they towed in line with the broader market, with some company-specific news and geopolitical tensions also serving to exacerbate sentiment. Tesla, Inc. (NASDAQ: TSLA) was all over the place this week, starting with its maverick CEO Elon Musk's...
-
Rivian Analyst Thinks Stock Reflect Strong Mid-term Risk/Reward Profile But Warns Of This Imminent Risk
Wednesday, April 6, 2022 - 9:52am | 430Rivian Automotive, Inc. (NASDAQ: RIVN) announced Tuesday, first-quarter production numbers that were in line with the company's expectations. The Rivian Analyst: RBC Capital Markets analyst Joseph Spak maintained an Outperform rating and $100 price target. The Rivian Thesis: The stronger-than-...
-
Is Plug Power Justified In Sacrificing Near-Term Margin For Long-Term Outperformance?
Wednesday, March 2, 2022 - 11:53am | 694Plug Power, Inc. (NASDAQ: PLUG) shares are higher after the hydrogen fuel cell energy company reported fourth-quarter results. The Plug Power Analysts: RBC Capital Markets analyst Joseph Spak maintained an Outperform rating on Plug Power shares and reduced the price target from $39 to $33....
-
What To Expect From Tesla's Q4 Earnings Call Later Today
Wednesday, January 26, 2022 - 12:31pm | 684Tesla, Inc. (NASDAQ: TSLA) is scheduled to report fourth-quarter results Wednesday after the close, and an earnings outperformance is almost a given going by stellar deliveries the company reported for fourth quarter and the fiscal year 2021. Analysts, on average, estimate earnings per...
-
Why This Ford Analyst Is Downgrading Blue Oval Stock
Friday, January 14, 2022 - 11:45am | 466Ford Motor Company (NYSE: F) shares have been on a tear and the company's stock recently hit the $100-billion market capitalization mark. The Ford Analyst: RBC Capital Markets analyst Joseph Spak downgraded Ford from Outperform to Market Perform and increased the price target from $...
-
Tesla Analysts Up Price Target Following Q4 Deliveries Beat; '2022 The Year EV Maker Begins To Perform Like A Tera-Cap'
Monday, January 3, 2022 - 2:26pm | 972Tesla Inc (NASDAQ: TSLA) shares have got off to a flying start in the new year, thanks to stellar fourth-quarter deliveries reported by the electric vehicle maker. The Tesla Analysts: RBC Capital Markets analyst Joseph Spak maintained a Sector Perform rating on Tesla...
-
Tesla Q4 Deliveries Beat Consensus By A Mile, Pushing Annual Sales To Nearly 1M
Sunday, January 2, 2022 - 2:14pm | 652Tesla, Inc. (NASDAQ: TSLA) reported record quarterly and annual deliveries that exceeded the most optimistic Wall Street forecasts. The strong performance came against the backdrop of supply-side constraints that derailed production plans of many automakers, and intensified competition in the...
-
Why Plug Power Analysts See A Margin Improvement Story With Outsized Growth Prospects
Wednesday, November 10, 2021 - 12:01pm | 657Plug Power Inc. (NASDAQ: PLUG) reported mixed quarterly results Tuesday. Here's what the Street had to say. The Plug Power Analysts: Morgan Stanley analyst Stephen Byrd maintained an Overweight rating and $43 price target on Plug Power shares. H.C. Wainwright analyst Amit Dayal...
-
Ford Analysts Break Down Q3 Earnings: 'Beat, Raise, Swagger'
Thursday, October 28, 2021 - 1:45pm | 418Ford Motor Company (NYSE: F) shares gained 8% on Thursday after the company reported a third-quarter earnings beat and surprisingly reinstated its dividend. Ford reported third-quarter adjusted EPS of 51 cents on revenue of $33.21 billion. Both numbers topped consensus analyst estimates of 27 cents...
-
Tesla 'Margin Story' Taking Hold, Stock Priced to Perfection, Analysts Say After Q3 Print
Thursday, October 21, 2021 - 4:16pm | 1083Tesla, Inc. (NASDAQ: TSLA) shares advanced strongly Thursday in reaction to the electric vehicle maker's third-quarter earnings beat. Here is a compilation of sell-side's take on the quarterly results: The Tesla Analysts: BofA Securities analyst John Murphy reiterated a Neutral...
-
Why Plug Power Analysts Are Bullish After Hydrogen Green Energy Company's Investor Day
Friday, October 15, 2021 - 4:22pm | 552Plug Power Inc. (NASDAQ: PLUG) announced an acquisition, partnerships, products and updated guidance at its 2021 Plug Symposium. Here's what the Street had to say. The Plug Power Analysts: RBC Capital Markets analyst Joseph Spak maintained an Outperform rating on Plug Power and...