Does Tesla Inc (NASDAQ:TSLA) have deteriorating prospects?

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.

Related Posts

Fosters Research
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.