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The Future Of Trucking? Wall Street Weighs In On Tesla Semi, Roadster Unveiling
Friday, November 17, 2017 - 3:02pm | 1055The reveal of Tesla Inc (NASDAQ: TSLA)'s Semi and Roadster met wide enthusiasm. J B Hunt Transport Services Inc (NASDAQ: JBHT) and Wal-Mart Stores Inc (NYSE: WMT) pre-ordered the electric truck within the first 24 hours, and Tesla’s stock spiked as much as 4.3 percent. But the Street,...
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The Wall Street Reaction To Tesla's Underwhelming Quarter
Thursday, November 2, 2017 - 4:48pm | 772Tesla Inc (NASDAQ: TSLA)'s third-quarter earnings report made it clear that the company is at its core a combination of a tech company and a vertically integrated manufacturer, Oppenheimer's Colin Rusch said in a note. But the company's ability to become a "transformative"...
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2 Reasons Capstone Turbine Shares Are Now A Buy
Wednesday, October 4, 2017 - 2:14pm | 348Oppenheimer upgraded shares of Capstone Turbine Corporation (NASDAQ: CPST), noting that visibility into break-even has improved. As such, analysts upgraded shares from Perform to Outperform and introduced a $2 price target. That said, the firm sees potential upside to its price target, if the...
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FuelCell Energy Is The 'Clear Leader' In Stationary Fuel Cell Applications
Wednesday, October 4, 2017 - 12:51pm | 381FuelCell Energy Inc (NASDAQ: FCEL) has won a new advocate. Oppenheimer initiated coverage Wednesday with an Outperform rating and dubbed FuelCell “the clear leader” in its class. “We believe the compact footprint and scalability of FCEL’s design offer a unique solution for...
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Wall Street Weighs In On Tesla's Earnings Beat
Thursday, August 3, 2017 - 4:58pm | 547Tesla Inc (NASDAQ: TSLA) shares closed up 6.5 percent on Thursday after the company reported a smaller-than expected Q2 earnings loss and reiterated its Model 3 production guidance. A number of Wall Street firms weighed in on the polarizing stock following the report. Here’s a sampling of...
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How SunPower Selling Stake In 8Point3 Energy Could Be A Catalyst
Wednesday, August 2, 2017 - 1:35pm | 381SunPower Corporation (NASDAQ: SPWR) shares plunged more than 18 percent Wednesday after the company reported a second-quarter earnings beat but lowered its guidance for the remainder of 2017. While investors are certainly disappointed by the big drop, Oppenheimer analyst Colin Rusch sees it as a...
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SolarEdge Outshines Competitors, Analyst Upgrades
Tuesday, July 18, 2017 - 9:21am | 338Oppenheimer analyst Colin Rusch upgraded Solaredge Technologies Inc (NASDAQ: SEDG) from Perform to Outperform and set a price target at $25. The analyst expects growth to derive in part from new energy storage and vehicle charging products, as well as further portfolio expansions, but the company...
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SunPower's Challenges Are Priced In At This Valuation
Thursday, February 16, 2017 - 10:10am | 307Oppenheimer upgraded SunPower Corporation (NASDAQ: SPWR) to Outperform from Perform, saying the company’s challenging operating conditions are priced in to shares. The upgrade came after the company posted “strong” fourth quarter revenue and maintained 2017 guidance. SunPower,...
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Taking Stock Of Tesla Shares After Recent Rally
Tuesday, January 31, 2017 - 2:41pm | 418Oppenheimer believes investors would be confused from the impact of multiple crosswinds on the results of Tesla Motors Inc (NASDAQ: TSLA). The electric car maker is expected to announce its fourth quarter numbers between February 8 and 13, and analyst Colin Rusch cut his estimates for the quarter....
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Recent M&A, Backlog Strength Encouraging Signs For Silver Spring Networks
Friday, October 7, 2016 - 3:24pm | 358Oppenheimer has lifted the price target on Silver Spring Networks Inc (NYSE: SSNI) shares from $15 to $17 based on valuation supported by recent M&A and strength in backlog. This implied upside potentials of about 20 percent from the current levels. The firm has an Outperform rating on the...
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SolarCity Seeks To Differentiate Through Products, Says Oppenheimer
Wednesday, August 10, 2016 - 10:21am | 313SolarCity Corp (NASDAQ: SCTY) reported its second quarter results after Tuesday's market close. SolarCity's stock were relatively unchanged given a pending merger agreement with its sister company, Tesla Motors Inc (NASDAQ: TSLA). Colin Rusch of Oppenheimer commented on SolarCity's...
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SunPower Downgraded At Oppenheimer Citing Lack Of Price Stability For Projects
Wednesday, August 10, 2016 - 9:40am | 343The near-term demand for SunPower Corporation’s (NASDAQ: SPWR) projects has diminished, Oppenheimer’s Colin Rusch said in a report. He downgraded the rating on the company from Outperform to Perform, citing concern over the lack of price stability for projects as well as modules....
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Vivint Solar Upgraded To Outperform At Oppenheimer, Sees Improving Unit Economics On Horizon
Tuesday, August 9, 2016 - 10:18am | 212On Monday, Vivint Solar Inc (NYSE: VSLR) reported a strong Q2 EPS of $(0.49) vs. estimates of $(0.58) and revenues of $34.9 million vs. estimates of $24.9 million. Following Vivint Solar's earnings beat, Oppenheimer's Colin Rusch upgraded the company to Outperform while introducing a $7...
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Oppenheimer Sees No Q2 Surprises From Tesla
Thursday, August 4, 2016 - 3:08pm | 360Tesla Motors Inc (NASDAQ: TSLA) shares are up 1.7 percent on Thursday after the company reported big Q2 earnings and revenue misses. The company reported a net loss of $292.3 million on revenue of $1.56 billion, well short of analyst expectations. Despite the top- and bottom-line misses, Tesla...
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Oppenheimer Downgrades Tesla: SolarCity Deal Not The Best Use Of Company's Capital, Human Resources
Wednesday, June 22, 2016 - 9:09am | 347Tesla Motors Inc (NASDAQ: TSLA) has made a formal offer to acquire SolarCity Corp (NASDAQ: SCTY) in an all-stock deal. Oppenheimer’s Colin Rusch downgraded the rating on Tesla Motors to Perform. “We believe investors are likely to view this transaction as a bailout for SCTY and a...