Key Takeaways:
- Tesla's upcoming earnings report is anticipated to reveal revenue of $21.43 billion.
- Analysts forecast an average price target of $305.21 for Tesla shares, suggesting a potential upside.
- Tesla's GF Value indicates a 24.28% potential gain from current market prices.
Tesla Inc. (TSLA) is on the brink of releasing its first-quarter earnings, with market analysts predicting revenue figures of $21.43 billion and earnings per share (EPS) of $0.44. Despite these forecasts, Tesla is grappling with diminishing demand, as evidenced by a dip in deliveries and registration numbers. Further complicating the company's outlook is the delay in launching their proposed affordable electric vehicle, casting shadows on future growth horizons.
Wall Street Analysts' Insights
According to the expectations of 44 seasoned analysts, Tesla Inc.'s (TSLA, Financial) average price target for the next year stands at $305.21. Price projections vary significantly, with the most optimistic estimate pegged at $465.70 and the most conservative at $19.05. This average target suggests a potential upside of 31.02% relative to the current stock price of $232.95. For more comprehensive forecast data, you can visit the Tesla Inc (TSLA) Forecast page.
The consensus from 54 brokerage firms positions Tesla Inc. (TSLA, Financial) at an "Hold" recommendation, with an average rating of 2.7. This rating is based on a 1 to 5 scale, where 1 indicates a Strong Buy and 5 signals a Sell stance.
According to GuruFocus estimates, the GF Value for Tesla Inc. (TSLA, Financial) in one year is projected to be $289.51. This implies a 24.28% upside from the current market valuation of $232.95. The GF Value represents GuruFocus' assessment of the fair market value of the stock, derived from historical trading multiples, past business growth, and projected future performance. For a deeper dive into this data, visit the Tesla Inc (TSLA) Summary page.
