Tesla Inc (NASDAQ:TSLA) shares traded -3.01% lower at $350.73 on Wall Street last session.
TSLA stock price is now -12.72% away from the 50-day moving average and 30.46% away from the 200-day moving average. The market capitalization of the company currently stands at $1128.13B.
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, Musk Kimbal, Director sold 75,000 shares of the company’s stock on Feb 06 ’25. The stock was sold for $27,590,619 at an average price of $367.87. Upon completion of the transaction, the Director now directly owns 1,463,220 shares in the company, valued at $513.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 06 ’25, Director KIMBAL J MUSK bought 75,000 shares of the business’s stock. A total of $27,590,648 was incurred on buying the stock at an average price of $367.88. A total of 12.98% 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 172.07 price-to-earnings ratio, a 6.34 price-to-earnings-growth ratio, and a beta of 2.47. The fifty day moving average price for TSLA is $401.6088 and a two-hundred day moving average price translates $267.80453 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. For the current quarter, analysts expect TSLA to generate $23.93B in revenue.
