Tesla Stock Forecast: Hold or Sell?
Analyst Ratings and Price Targets
According to 34 analysts, the average rating for Tesla (TSLA) stock is Hold. This indicates that analysts are generally neutral on the stock's performance. The 12-month stock price forecast is $182.87, which represents a potential upside of over 100%.
Earnings and Revenue Estimates
Analysts have also provided estimates for Tesla's earnings and revenue. For the next financial year, analysts expect Tesla to earn $1.35 per share and generate revenue of $77.14 billion. These estimates are based on Tesla's historical performance and its current market conditions.
Factors Influencing the Stock Price
Several factors could influence Tesla's stock price in the coming months. These include: *
Competition: Tesla faces increasing competition from established automakers and new EV startups. *
Production and Delivery: Tesla's production and delivery volumes are crucial for its financial performance. *
Regulatory Changes: Government regulations and policies can impact Tesla's operations and profitability. *
Battery Technology: Tesla's reliance on battery technology and its ability to develop and produce batteries efficiently are essential for its growth.
Conclusion
Overall, analysts have a neutral outlook on Tesla stock. The average rating is Hold, and the 12-month stock price forecast suggests potential growth. However, investors should consider various factors that could influence the stock price before making any investment decisions.
Comments