Summary:
- Tesla's Q1 vehicle deliveries drop signals declining profitability.
- Analysts predict a potential upside of over 30% for Tesla stock.
- Current broker consensus classifies Tesla as a "Hold."
Tesla's Financial Outlook: Challenges and Opportunities
Investors brace for potentially lackluster financial results from Tesla Inc. (TSLA, Financial) in light of a notable downturn in vehicle deliveries during the first quarter. This setback is expected to result in a 6.7% decline in profitability year-over-year. Consequently, Tesla's stock has experienced a 10% drop in recent days, raising the possibility of further restructuring efforts.
Wall Street's Perspective on Tesla
The outlook on Tesla's stock remains cautiously optimistic, as demonstrated by the one-year price targets proposed by 44 analysts. The average target price for Tesla Inc. is $305.21, with projections ranging from a high of $465.70 to a low of $19.05. This average target suggests a potential upside of 30.24% from its current price of $234.35. For more in-depth information, refer to the Tesla Inc (TSLA, Financial) Forecast page.
Brokerage Recommendations: Holding Steady
Despite the recent downturn in stock performance, the consensus recommendation from 54 brokerage firms positions Tesla at an average brokerage recommendation of 2.7, signaling a "Hold" status. This rating scale operates from 1 to 5, where a 1 indicates a Strong Buy, and a 5 suggests a Sell.
Evaluating Tesla's Value with GuruFocus Estimates
According to GuruFocus estimates, Tesla Inc.'s estimated GF Value for the upcoming year is projected at $289.51. This signals a potential upside of 23.54% from the present price of $234.35. The GF Value is GuruFocus' calculation of what the company's fair market value should be, derived from historical trading multiples, past business growth, and projected future performance. Additional insights can be explored on the Tesla Inc (TSLA, Financial) Summary page.
