In yesterday’s Wall Street session, Tesla Inc (NASDAQ:TSLA) shares traded at $383.68, down -5.17% from the previous session.
TSLA stock price is now -3.86% away from the 50-day moving average and 45.75% away from the 200-day moving average. The market capitalization of the company currently stands at $1234.11B.
With the price target enhanced from $515 to $550, Wedbush maintained Outperform rating for Tesla Inc (NASDAQ: TSLA). On January 15, 2025, Barclays reiterated its ‘Equal Weight’ rating on the stock by increasing its target price from $270 to quote $325, while ‘BofA Securities’ rates the stock as ‘Neutral’
In other news, VAIBHAV TANEJA, Officer bought 7,000 shares of the company’s stock on Feb 03 ’25. The stock was bought for $2,832,200 at an average price of $404.60. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 03 ’25, Director DENHOLM ROBYN M bought 112,390 shares of the business’s stock. A total of $43,162,554 was incurred on buying the stock at an average price of $384.04. A total of 12.91% of the company’s stock is owned by insiders.
During the past 12 months, Tesla Inc has had a low of $138.80 and a high of $488.54. As of last week, the company has a debt-to-equity ratio of 0.19, a current ratio of 2.02, and a quick ratio of 1.61. According to the stock market information, the enterprise value for the company is $1228948242432, which is based on a 188.24 price-to-earnings ratio, a 8.26 price-to-earnings-growth ratio, and a beta of 2.34. The fifty day moving average price for TSLA is $398.1882 and a two-hundred day moving average price translates $262.1125 for the stock.
The latest earnings results from Tesla Inc (NASDAQ: TSLA) was released for 2024-09-30. The net profit margin was 7.30% and return on equity was 10.52% for TSLA. The company reported revenue of $25.18 billion for the quarter, compared to $23.35 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.85 percent.
