Currently, Tesla Inc [TSLA] is trading at $389.22, up 5.34%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TSLA shares have gain 12.77% over the last week, with a monthly amount glided 34.90%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Tesla Inc [NASDAQ: TSLA] stock has seen the most recent analyst activity on December 02, 2024, when ROTH MKM upgraded its rating to a Buy and also boosted its price target to $380 from $85. Previously, Wells Fargo reaffirmed its Underweight rating on October 24, 2024, and elevated its price target to $125. On October 24, 2024, Truist reiterated its Hold rating and revised its price target to $238 on the stock. RBC Capital Mkts reiterated its Outperform rating and increased its price target to $249 on October 24, 2024. Jefferies reiterated its recommendation of a Hold and raised its price target to $195 on October 24, 2024. Goldman reiterated a Neutral rating for this stock on October 24, 2024, and upped its price target to $250. In a note dated October 24, 2024, Cantor Fitzgerald reiterated an Neutral rating on this stock and boosted its target price from $245 to $255.
This stock has fluctuated between a low of $138.80 and a high of $375.43 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $261.58 within the next 12 months. Tesla Inc [NASDAQ: TSLA] shares were valued at $389.22 at the most recent close of the market. An investor can expect a potential drop of -32.79% based on the average TSLA price forecast.
Analyzing the TSLA fundamentals
Trailing Twelve Months sales for Tesla Inc [NASDAQ:TSLA] were 97.15B which represents 7.85% growth. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.19 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.11.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 376.85 points at the first support level, and at 364.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 395.54, and for the 2nd resistance point, it is at 401.86.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Tesla Inc [NASDAQ:TSLA] is 1.84. As well, the Quick Ratio is 1.37, while the Cash Ratio is 0.59. Considering the valuation of this stock, the price to sales ratio is 13.55, the price to book ratio is 17.85 and price to earnings (TTM) ratio is 106.62.
Transactions by insiders
Recent insider trading involved Wilson-Thompson Kathleen, Director, that happened on Dec 04 ’24 when 100000.0 shares were sold. Chief Financial Officer, Taneja Vaibhav completed a deal on Dec 02 ’24 to sell 7000.0 shares. Meanwhile, Director DENHOLM ROBYN M sold 0.11 million shares on Dec 02 ’24.
