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Tesla 'Not Going To Grow This Year,' Says Bernstein Analyst: Maintains 'Underweight' Rating While Noting That Elon Musk's Pay Package Approval Will Bring 'Relief Rally'
Saturday, June 15, 2024 - 6:00am | 667On Friday, in an appearance on CNBC’s Squawk Box, Bernstein analyst Toni Sacconaghi shared his insights on the future of Tesla Inc. (NASDAQ:TSLA) and the implications of CEO Elon Musk’s newly approved pay package. What Happened: Sacconaghi views the approval of Musk’s...
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Tesla's Robotaxi Won't Get Investors 'Excited,' Say Analysts: 'We See...Unveiling On August 8 As More Aspirational'
Tuesday, April 9, 2024 - 9:32am | 805The Tesla, Inc. (NASDAQ:TSLA) rally has paused and the stock is poised to open slightly higher after the nearly 5% rally on Monday. A duo of analysts on Monday questioned the very premise on which the stock advanced. Unexciting: Tesla investors will not get excited about the August 8 robotaxi...
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Elon Musk Takes A Swipe At Analyst's Short Call On Tesla Stock: 'So Strong Contra-indicator Then'
Saturday, December 9, 2023 - 3:43pm | 741Tesla, Inc.’s (NASDAQ:TSLA) strategy amid the economic uncertainty has turned several bullish analysts into bears, but CEO Elon Musk has shown that he hasn’t been affected by the negative commentary. What Happened: On Friday, Bernstein analyst Toni Sacconaghi said in a note that Tesla...
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7 Apple Analysts Size Up Q4 Earnings: iPhone Strength, China Fears Overblown, Buy On The Dip Like Buffett
Friday, November 3, 2023 - 12:32pm | 1111Technology giant Apple Inc (NASDAQ:AAPL) reported fourth quarter financial results Thursday after market close. Here's a look at what analyst are saying about the results and the future of the company. The Apple Analysts: Goldman Sachs analyst Michael Ng had a Buy rating and a price target of $227...
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Elon Musk Laughs Off Analyst's Remark Who Said Tesla Is 'Looking Like A Regular Auto Company'
Saturday, October 21, 2023 - 12:16am | 392Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Friday laughed at Sanford C. Bernstein analyst Toni Sacconaghi‘s latest comments on the company’s performance. What Happened: To justify Tesla's stock price, investors have to believe it "can achieve very high volumes and high operating margins,...
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Apple iPhone Event Sized Up By 7 Analysts: 'Brand Trumps Products,' But China, Upgrade Concerns Remain
Wednesday, September 13, 2023 - 12:06pm | 1248Technology giant Apple Inc (NASDAQ: AAPL) unveiled the highly anticipated iPhone 15 and several other product updates at its Wonderlust event on Tuesday. Here are analyst reactions about the event and expectations for Apple stock moving forward. The Apple Analysts: Bank of America analyst...
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Time To Short Tesla Again? Why This Bearish Analyst Says EV Stock 'Appears Set To Hit The Skids'
Friday, September 8, 2023 - 8:48am | 569Tesla, Inc. (NASDAQ:TSLA) struggles to break out of the lackluster phase it finds itself in and things are unlikely to look up in the near term, says a bearish analyst. Risks Abound: It’s time to short Tesla stock again, barring a banking crisis and the Federal Reserve rolling out more...
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Is Apple Stock's Risk-Reward Still Attractive After Q3 Earnings, Lighter iPhone Revenues? 'New Chapter Of How Investors View Apple'
Friday, August 4, 2023 - 11:37am | 994Apple, Inc. (NASDAQ:AAPL)’s third-quarter results Thursday failed to impress Wall Street, and the stock promptly reacted with a move to the downside. Here’s what the Street has to say. The Apple Analysts: Bernstein analyst Toni Sacconaghi maintained a Market Perform rating on Apple...
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Tesla Analysts Chime In On Margins, Cybertruck, FSD Licensing And More: 'Would Use Any Pullback To Accumulate Shares'
Thursday, July 20, 2023 - 10:23am | 1052Electric vehicle giant Telsa Inc (NASDAQ: TSLA) reported second-quarter financial results that came in ahead of Street consensus estimates Wednesday after market close. Analysts are sizing up the report and what’s ahead for the company. The Tesla Analysts: Baird analyst Ben Kallo has an...
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Why This Analyst Feels Tesla Is Grossly Overestimating Energy Storage Prospects
Friday, July 7, 2023 - 11:07am | 227Tesla Inc (NASDAQ: TSLA) reported record deliveries in China and is now facing moves by Beijing to stop EV price cuts. The company's energy generation and storage business has expanded significantly due to the phenomenal growth of energy storage system (ESS) batteries, according to Bernstein....
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One Tesla Analyst Expects Shares To Accelerate, Another Sees The Stock Reversing Following EV Company's Shareholder Meeting
Wednesday, May 17, 2023 - 11:45am | 639Tesla Inc (NASDAQ: TSLA) held its annual shareholder meeting at its Texas gigafactory on Tuesday. Even though a pair of analysts highlighted many of the same key takeaways from the event, they don't agree on what it means for the future of the EV company. What To...
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Investors Take A Bite Out Of Apple After Earnings Print: What Do 6 Analysts Think About The Stock?
Friday, May 5, 2023 - 12:13pm | 939Apple Inc (NASDAQ: AAPL) reported better-than-expected earnings for the second quarter of fiscal year 2023. The stock is up nearly 5% during Friday’s intraday session, and several analysts updated their outlooks on the company following the earnings print. By The Numbers: The company's...
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IBM Analysts Maintain Cautious Outlook Despite Strong Q1 Performance
Thursday, April 20, 2023 - 12:39pm | 347Shares of IBM (NYSE: IBM) rose in early trading on Thursday, after the company reported better-than-expected earnings for the first quarter. Bernstein On IBM Analyst Toni Sacconaghi maintained a Market-Perform rating and price target of $145. IBM's first-quarter results were broadly in-line...
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4 Tesla Analysts On EV Giant's Margin Strategy: 'Stormy Weather For Now, Sunny In Spring Next Year'
Thursday, April 20, 2023 - 10:38am | 893Electric vehicle giant Tesla Inc (NASDAQ: TSLA) reported first quarter financial results after the market close Wednesday. Analysts are sizing up the results and the comments from CEO Elon Musk on what’s ahead for the automaker. The Tesla Analysts: Morgan Stanley analyst Adam...
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Tesla Analysts Praise Vertical Integration After Investor Day, But Want More From Elon Musk: 'Long On Vision, Short On Specifics'
Thursday, March 2, 2023 - 12:23pm | 1019Tesla Inc (NASDAQ: TSLA) held its first Investor Day on Wednesday, sharing more details about its plans for electric vehicles, increased vertical integration and sustainabiltiy efforts. Here's what analysts are saying after the event. The Tesla Analysts: RBC analyst Tom Narayan has...