TSLA has been the subject of a number of research reports.
Moody's Investors Service on Tuesday downgraded Tesla's debt further into junk territory, citing production delays with the Model 3 and warning the company would need more than $2 billion in fresh capital to cover its operating cash burn. Cann cut Tesla from a "hold" rating to a "sell" rating in a research note on Tuesday, December 5th. Goldman Sachs set a $205.00 target price on Tesla and gave the stock a "sell" rating in a research report on Thursday, February 8th. Vetr's target price suggests a potential upside of 7.11% from the company's current price. JPMorgan Chase set a $190.00 price target on Tesla and gave the stock a "sell" rating in a research report on Thursday, February 8th.
Tesla is expected to report first-quarter production and deliveries next week. Tesla presently has an average rating of "Hold" and a consensus target price of $313.57. Also, VP John Douglas Field sold 1,000 shares of Tesla stock in a transaction on Friday, March 16th. Following the sale, the vice president now directly owns 20,561 shares of the company's stock, valued at approximately $6,608,511.01. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. KeyCorp reiterated a "hold" rating on shares of Tesla in a research report on Thursday, January 4th. The disclosure for this sale can be found here. Jennison Associates LLC grew its stake in Tesla by 17.1% in the fourth quarter. The firm had revenue of $3.29 billion during the quarter, compared to analyst estimates of $3.26 billion. Finally, Investec Asset Management LTD boosted its position in shares of Tesla by 78.0% during the 3rd quarter. Nordea Investment Management AB now owns 4,931 shares of the electric vehicle producer's stock valued at $1,682,000 after acquiring an additional 213 shares during the last quarter. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time.
The company has a market capitalization of $45,191.14, a PE ratio of -26.63 and a beta of 1.19. Now trading with a market value of 52.67B, the company has a mix of catalysts and obstacles that spring from the nature of its operations.
Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, February 7th. The electric vehicle producer reported ($3.04) earnings per share for the quarter, beating the consensus estimate of ($3.12) by $0.08. Tesla had a negative net margin of 16.68% and a negative return on equity of 33.08%. Insiders have sold 8,719 shares of company stock valued at $2,827,816 in the last ninety days. Tesla's revenue was up 43.9% compared to the same quarter last year. equities analysts anticipate that Tesla, Inc. will post -15.15 earnings per share for the current fiscal year. Tesla has a twelve month low of $255.01 and a twelve month high of $389.61.
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Tesla, Inc designs, develops, manufactures, and sells electric vehicles, and energy generation and storage systems in the United States, China, Norway, and internationally.