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Rivian In 'Right Place/Time' With Product, Strategy; Can Be 'Long-Term Winner': 4 Analysts Size Up Q1 Results, EV Company's Future
Wednesday, May 8, 2024 - 12:23pm | 685Electric vehicle company Rivian Automotive (NASDAQ:RIVN) reported first-quarter financial results that were mixed with revenue beating analysts' estimates and earnings per share missing the consensus estimate. Here's what analysts were saying about the result and the company's future. The Rivian...
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8 Tesla Analysts Size Up Next-Gen Vehicles, FSD, AI And More: 'Potential To Be A Transformational Technology Company, Deliver Outsized Returns'
Wednesday, April 24, 2024 - 12:50pm | 1291Electric vehicle leader Tesla Inc (NASDAQ:TSLA) reported first-quarter revenue and earnings per share that missed Street consensus estimates. Here's a look at what analysts are saying after the report and for the future of the company. The Tesla Analysts: Truist analyst William Stein has a...
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If Tesla Hits Brakes On $25K EV, It 'Would Be A Meaningful Negative For The Stock': Goldman Sachs
Tuesday, April 9, 2024 - 3:03pm | 597Shares of electric vehicle leader Tesla Inc (NASDAQ:TSLA) have fallen in 2024 and could see continued downward pressure after recently reporting disappointing first-quarter production and delivery figures. An analyst gives insights on the company’s direction after the recent delivery report....
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Rivian Takes 'Positive Step In The Right Direction' With R2, R3 Event, But Analysts See 'Mountain-Like Climb Ahead' For EV Maker
Friday, March 8, 2024 - 1:09pm | 956Electric vehicle company Rivian Automotive (NASDAQ:RIVN) unveiled the highly anticipated R2 SUV during a presentation Thursday. Along with the R2 unveiling, Rivian also gave an early look at the R3 and R3X, which are future vehicle models. Here's a look at what analysts are saying about the event...
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Ford's Pro Segment Earns Analyst Applause, EV Division Sparks Worry After Q4 Earnings
Wednesday, February 7, 2024 - 1:50pm | 553Automotive giant Ford Motor Co (NYSE:F) reported fourth-quarter financial results that saw revenue and earnings per share beat estimates from analysts. Here's a look at what analysts are saying about the report and what's ahead for Ford. The Ford Analysts: RBC Capital analyst Tom Narayan had a...
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Why This Goldman Sachs Analyst Is Downgrading Auto Suppliers
Wednesday, January 3, 2024 - 1:19pm | 359The auto industry has been in focus, with EV makers gaining attention. Auto volumes are likely to decelerate in 2024, after a year of “solid” growth in production and sales, with the easing of supply chain constraints, according to Goldman Sachs. The Auto Analyst: Mark Delaney...
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Cybertruck A 'Moonshot' For Tesla? Divisive New EV Represents 5% Of Revenue, Zero Profit In 2025 For Automaker: Analysts
Friday, December 1, 2023 - 2:11pm | 657Electric vehicle leader Tesla Inc (NASDAQ:TSLA) highlighted the first deliveries of its highly anticipated Cybertruck electric pickup truck at an event Thursday. Analysts reacted to the event, details of the Cybertruck and the first announced pricing of the new vehicle, which currently ranged from...
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General Motors Investors Welcome $10B Buyback, But Goldman Sachs Says Automaker Must Show EV Progress
Thursday, November 30, 2023 - 2:24pm | 420General Motors was riding high today following its announcement on Wednesday of further shareholder returns and the reinstatement of its full-year guidance. Shares in General Motors Co (NYSE:GM) were up 0.76% at $31.83 on Thursday, following a 9.4% surge in the previous trading session. The company...
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Rivian Cruises With Open Options In EV Space, Not Just Amazon: 6 Analysts Peek Under the Hood Post-Q3
Wednesday, November 8, 2023 - 1:05pm | 751Rivian Automotive Inc (NASDAQ: RIVN) shares tanked in early trading on Wednesday, even after the company reported upbeat third-quarter results. The results came during an exciting earnings season. Here are some key analyst takeaways from the earnings release. Mizuho Securities On Rivian...
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Tesla Tops Q2 Delivery Expectations, But Analysts Say Near-Term Direction Of Stock Hinges On Data Due Later This Month
Monday, July 3, 2023 - 10:56am | 636Tesla Inc (NASDAQ: TSLA) shares are accelerating higher Monday morning on the heels of strong second-quarter delivery numbers. Analysts are turning incrementally more positive, but deliveries are just one piece of the puzzle. What Happened: Tesla produced 479,700 vehicles in the...
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Why Tesla Stock Is Racing Higher Premarket Today
Monday, July 3, 2023 - 6:08am | 315Shares of Tesla, Inc. (NASDAQ:TSLA) surged in premarket trading on Monday as investors reacted to the electric vehicle maker’s impressive quarterly deliveries and production results. The Elon Musk-led company reported record-breaking second-quarter deliveries of 466,140...
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Goldman Sachs Drops Bullish Stance On Tesla Stock: Has The EV Rally Hit A Turning Point?
Monday, June 26, 2023 - 9:18am | 786Goldman Sachs downgraded Tesla, Inc. (NASDAQ:TSLA) from Buy to Neutral while upping the 12-month price target. Goldman Sachs justified its decision by highlighting the substantial surge in Tesla’s stock price. Analyst Mark Delaney raised the price target from $185 to $248. Tesla has soared...
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Why This Tesla Analyst Is Lowering Their Price Target After Q4 Delivery Miss
Tuesday, January 3, 2023 - 12:30pm | 418Electric vehicle giant Tesla Inc (NASDAQ: TSLA) reported fourth-quarter production and delivery figures over the holiday weekend. Analysts are weighing in on what the figures from Tesla mean for the electric vehicle company moving forward. The Tesla Analyst: Goldman Sachs analyst Mark Delaney...
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QuantumScape Stock Is Down 70% This Year, Why This Analysts Sees More Downside Ahead
Wednesday, December 14, 2022 - 1:19pm | 268A downgrade from a Goldman Sachs analyst put shares of QuantumScape Corp (NYSE: QS) under significant pressure on Wednesday. The company, which develops next-generation solid-state lithium-metal batteries, is headed for several years of negative earnings per share and free cash flows,...
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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...