Tesla, Q2
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Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive surprises than negative ones. Companies had a lower bar to clear coming into the quarter,
Analysts expect the Austin, Texas-based company to report quarterly earnings at 40 cents per share, down from 52 cents per share in the year-ago period. Tesla projects to report quarterly revenue at $22.13 billion, compared to $25.5 billion a year earlier, according to data from Benzinga Pro.
Tesla, Inc.'s declining fundamentals and unsustainable valuation signal risk. Click for key TSLA challenges and why a Strong Sell rating targets $130–$140.
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Stocktwits on MSNTesla Gets A Price Target Hike From BofA Ahead Of Q2 Report: Retail Sets Sight On The Crucial $400-MarkBank of America on Monday raised its price target on Tesla Inc. (TSLA) to $341 from $305 ahead of the EV maker’s second-quarter earnings. The new price target implies a 3.4% upside to Tesla’s closing price on Friday.
Tesla's sales drop in California highlights ongoing struggles ahead of Q2 earnings call. Wall Street expects revenue of $22.79 billion.
Explore why Tesla, Inc.'s stock valuation diverges from fundamentals, with quantitative insights revealing overvaluation. Click for my TSLA earnings preview.
"Earnings growth rate for the S&P 500 is 5.6%": The latest estimate from FactSet shows predicted year-over-year growth accelerating from June's 4.9% outlook, with Mag 7 stocks taking three of the top six forecast growth slots.
Economists expect double-digit drops for the automaker’s top and bottom lines after a record decline for quarterly vehicle deliveries.