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Tesla Worst Performing S&P 500 Stock Year-To-Date: Analyst Warns More Trouble Ahead With 'Slower EV Demand'
Thursday, March 14, 2024 - 4:02pm | 987Electric vehicle leader Tesla Inc (NASDAQ:TSLA) has been one of the leading producers of EVs over the last five years. After a strong recovery for its stock in 2023, Tesla shares have turned into one of the worst performers over the last three months. What Happened: The S&P 500 Index has been...
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Ford Q4 Earnings Preview: Earnings Estimates, Analysts Concerns, Electric Vehicles, UAW Strike Impact In Focus
Monday, February 5, 2024 - 6:13pm | 873Leading automotive company Ford Motor Co (NYSE:F) will report fourth-quarter financial results after market close on Tuesday, Feb. 6, 2024. Here's a look at the key estimates from analysts for the fourth quarter, what analysts are saying and key items for investors to watch. Earnings Estimates:...
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Tesla Analysts Lose Sleep Over Q3 Margins, Rivian Stock Now Attractively Valued, Fisker Eyes Chinese Frontier And More: Biggest EV Stories Of The Week
Saturday, October 14, 2023 - 9:18am | 1307Electric vehicle stocks turned in a lackluster performance in the week that ended on Oct. 13, with the volatility in the broader market serving a a drag on a week during which inflation and the start of the earnings season took the spotlight. Market leader Tesla, Inc. (NASDAQ:TSLA) had a down week...
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Rivian's Road Is Clear Following Capital Raise, UBS Sees Several Catalysts Ahead Including Guidance Boost Just Weeks Away
Tuesday, October 10, 2023 - 12:11pm | 530Rivian Automotive Inc's (NASDAQ: RIVN) recent capital raise led to near-term weakness but positioned the company for greater upside moving forward. Here's why UBS believes it's time to buy. UBS Moves To Buy: UBS analyst Joseph Spak upgraded Rivian ...
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Why Rivian Stock Is Accelerating To The Upside In Today's Premarket
Tuesday, October 10, 2023 - 7:49am | 374Shares of Rivian Automotive, Inc. (NASDAQ:RIVN) rose sharply in premarket trading, reversing some of the downward move they witnessed in recent sessions. Close on the heels of Wedbush analyst Daniel Ives reducing the price target for the stock from $32 to $25, two other sell-side analysts have...
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Rivian Heads In The Right Direction: Anaysts Lower Price Targets, Remain Cautiously Optimistic
Thursday, November 10, 2022 - 12:29pm | 663Electric vehicle Rivian Automotive (NASDAQ: RIVN) recently shared updates on production on the heels of its third-quarter financial results. Here are the reactions from analysts: Wedbush analyst Daniel Ives has an Outperform rating and lowers the price target from $45 to $37. D.A. Davidson analyst...
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Ford Earnings Beat Doesn't Impress These Analysts: Here's Why
Thursday, October 27, 2022 - 11:28am | 331Ford Motor Company (NYSE: F) reported a revenue beat for the third quarter, but its earnings of 30 cents per share missed expectations. Here are two analyst takes: Goldman Sachs Analyst Mark Delaney maintained a Neutral rating with a price target of $13. Ford’s pricing remained solid in the...
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Why These 5 Tesla Analysts Have Mixed Views On Q3: 'We Were Prepared For An Earnings Miss'
Thursday, October 20, 2022 - 11:50am | 708Tesla Inc (NASDAQ: TSLA) reported record revenue, operating margins and free cash flow in the third quarter. The company missed analyst revenue estimates. On Thursday, The Street is reacting to the quarterly results — and adjusting price targets down. The Tesla Analysts: Morgan Stanley...
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Plug Power To Get A Big Boost From Inflation Reduction Act And $40B+ Microsoft Opportunity, Say Bullish Analysts
Wednesday, August 10, 2022 - 1:55pm | 565Analysts are sizing up the second quarter financial results from Plug Power Inc (NASDAQ: PLUG) and the opportunity the company could have from the Inflation Reduction Act and a production tax credit. The Plug Power Analysts: BMO analyst Ameet Thakkar has a Market Perform rating and raises the...
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Why This Fisker Analyst Is Bullish After Q2 Earnings
Thursday, August 4, 2022 - 11:26am | 229Fisker Inc’s (NYSE: FSR) second-quarter results were slightly better than expected, with lower operating expenses than anticipated, according to RBC Capital Markets. The Fisker Analyst: Joseph Spak maintained an Outperform rating for Fisker, while reducing the price target from $14 to $13....
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Why These 3 Analysts Are Unimpressed With Ford's Q2 Beat
Thursday, July 28, 2022 - 12:18pm | 395Ford Motor Company (NYSE: F) crushed Wall Street expectations, with quarterly revenue at $40.2 billion, up 50% year-over-year, and adjusted earnings 68 cents per share, versus a consensus of 45 cents per share. RBC Capital Markets On Ford Motor Company Analyst Joseph Spak maintained a Sector...
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4 General Motors Analysts React To Q2 Earnings Miss, Ongoing Supply Chain Challenges
Wednesday, July 27, 2022 - 1:02pm | 571General Motors Company (NYSE: GM) shares rebounded by 2% on Wednesday after the company reported disappointing second-quarter numbers as it struggles with parts shortages. On Tuesday, GM reported adjusted second-quarter EPS of $1.14, missing consensus analyst estimates of $1.20. GM reported second-...
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Tesla Bitcoin Sale A Positive, But Can The Company Address The 'Elephant In The Room?': What 5 Analysts Are Saying
Thursday, July 21, 2022 - 4:19pm | 862Electric vehicle leader Tesla Inc (NASDAQ: TSLA) reported second-quarter financial results after market close Wednesday. FIve analysts broke down the quarterly results, what a large sale of Bitcoin (CRYPTO: BTC) could mean and what’s ahead for Tesla. The Tesla Analysts: Morgan Stanley...
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RBC Upgrades Tesla: EV Competition 'Doesn't Overly Concern Us'
Monday, June 13, 2022 - 10:18am | 388Tesla Inc (NASDAQ: TSLA) shares dropped 3.3% on Monday despite the company landing an upgrade on Wall Street. The Analyst: RBC Capital Markets analyst Joseph Spak upgraded Tesla from Sector Perform to Outperform and cut his price target from $1,175 to $1,100. Related Link: Ark Innovation Fund...
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Rivian Is A 'Show-Me-The-Money' Story But Has 'More Pieces In Place' Than Peers: Analysts React To Q1 Earnings
Thursday, May 12, 2022 - 1:01pm | 541Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported first-quarter production of 2,553 vehicles. The company delivered 1,227 vehicles in the first quarter and reported more than 90,000 net pre-orders of its Rivian R1 electric pickup truck. Here is what analysts are...