Several other equities research analysts have published reports on Tesla's stock recently. Piper Sandler kept an overweight rating on Monday, February 5th, even though they cut their price objective for Tesla from $295.00 to $225.00. In a study released on Monday, January 29, Jefferies Financial Group also lowered their price objective for Tesla from $225.00 to $185.00 while keeping a hold rating. In a similar vein, on Thursday, January 25, Truist Financial lowered their price objective for Tesla from $227.00 to $193.00 while keeping their hold rating. In a research report on Monday, Oppenheimer reiterated a market performance rating for Tesla. In a research note published on Thursday, January 25, TD Cowen also reduced their target price for Tesla from $200.00 to $180.00 while keeping a market performance rating. The stock has received a sell rating from ten financial experts, a hold recommendation from fifteen, and a buy rating from eight. Marketbeat data indicates that the company presently has a consensus target price of $207.04 and an average rating of Hold.
On Wednesday, TSLA stock started trading at $179.83. The company's debt-to-equity ratio stands at 0.05, with a quick ratio of 1.25 and a current ratio of 1.73. The stock's fifty-day simple moving average is $188.49, while the two-hundred-day simple moving average is $222.36. With a market capitalization of $572.72 billion, the firm has a PE ratio of 41.72, a PEG ratio of 3.90, and a beta of 2.41. Tesla's 52-week low was $152.37 and its high was $299.29.
Tesla (NASDAQ: TSLA ) reported its earnings results on Wednesday, January 24th. The electric vehicle manufacturer announced earnings of $0.71 per share (EPS) for the quarter, which fell short of the consensus estimate of $0.74 by ($0.03). Tesla achieved a return on equity of 16.62% and a net margin of 15.50%. The company generated $25.17 billion in revenue for the quarter, slightly lower than analysts’ expectations of $25.64 billion. In the same quarter of the previous year, Tesla reported $1.07 EPS. The company's revenue for the quarter increased by 3.5% compared to the same period last year. Analysts anticipate that Tesla will report 2.44 EPS for the current fiscal year.