Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Tesla ($TSLA) stock has been experiencing a downturn, with analysts predicting further declines. Despite a recent mini bounce, if markets continue to drop, $TSLA could reach a support level of 152.37 before potentially filling the gap at around 144. Analysts have differing opinions on the stock's fair value, with a range from $119 to $192.89. The stock has seen multiple downgrades but is considered oversold compared to the market. Earnings per share (EPS) projections have been revised downward, impacting the stock price.
Tesla has been in a drawdown for 861 days, the 2nd longest downturn since its IPO in 2010. Currently 60% below its November 2021 peak. $TSLA Video: https://t.co/NrVuvlDvRJ https://t.co/ZPKIgQomsA
Endless downward EPS revisions. FY25 at $3.98 EPS. Put a 30x multiple on that and you have $119/share. I think $TSLA touches $120 after q1 earnings. Current price $163. https://t.co/CreXAfMGq5
$TSLA FY’24 EPS has dropped to $2.98 (-47% past 12 months), FY’25 to $3.98 (-39%), and FY’28 EPS to $11.82 (-28%). Averaging these, one can say TSLA has lost -38% of its earnings power over the past 12 months. Long-term earnings drive valuation and stock prices. TSLA FY’24 P/E… https://t.co/Su7sVv5zp8
