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Why Tesla stock is crashing
Finbold· 2025-01-07 13:43
The share price of electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) is witnessing notable losses in the pre-market as investors appear rattled by the announcement of a federal investigation into one of its driverless features.Ahead of the market opening on January 7, TSLA’s share price was down 1.91%, valued at $403. Notably, Tesla’s share price ended the previous trading session valued at $411, ending the day up 0.15%. TSLA one-day stock price chart. Source: Google FinanceThese losses threaten Tesla ...
Analyst updates Tesla (TSLA) stock price target
Finbold· 2025-01-06 14:55
Elon Musk’s electric vehicle (EV) maker, Tesla Motors (NASDAQ: TSLA), gave its shareholders an unwelcome surprise early in 2025 when its latest delivery report revealed the company’s first annual decrease in the number of cars shipped.The adverse development, as it turned out, did little to stifle bullishness about TSLA stock, as the majority of analyst price target revisions demonstrated persistent optimism.The situation was no different with the latest reassessment – that offered by Stifel’s analyst Steph ...
Wall Street analyst warns Tesla to ‘see an absolute bloodbath' after Q4 earnings
Finbold· 2025-01-05 12:52
Wall Street analyst Gordon Johnson of GLJ Research has warned that Tesla (NASDAQ: TSLA) stock could experience losses in 2025, citing severe distress for the company’s business. His warning comes after Tesla’s deliveries for the last quarter of 2024 failed to meet analyst consensus. Despite this, the stock has exhibited bullish sentiments in the short term, ending the January 3 session up over 8%, valued at $410.44. TSLA one-day stock price chart. Source: Google FinanceAccording to Johnson, Tesla’s business ...
Analyst updates Tesla stock price target
Finbold· 2025-01-04 13:18
Tesla's Stock Performance and Analyst Outlook - Tesla missed Q4 2024 consensus delivery target but is projected to soar by 35% due to significant growth opportunities [1] - TSLA stock closed at $410.44 on January 3, up 8.22% for the day and over 5% year-to-date [1] - Canaccord Genuity analyst raised Tesla's stock price target from $298 to $404, reflecting a 35% upside and a 40-times multiple on 2027 non-GAAP EPS estimate of $10.11 [2][3] - Tesla is positioned alongside mega-cap tech stocks like Alphabet, Amazon, Apple, Meta, Microsoft, and Nvidia, which trade at a median of 23 times 2027 EPS but have slower revenue growth [4] Tesla's Delivery and Sales Performance - Tesla delivered 495,570 vehicles in Q4 2024, bringing total annual deliveries to 1.79 million, a 1.1% drop from 2023 [6] - Global annual sales declined for the first time in at least nine years, with a 2.3% increase in Q4 failing to offset a slow start to 2024 [5] - Despite offering 0% financing, free charging, and low-priced leases, demand for EVs slowed globally [6] Challenges and Market Dynamics - Regulatory changes, including the expiration of the Clean Vehicle Credit and reduced zero-emission vehicle credits, could cost Tesla $3.2 billion, or 40% of its 2024 EBIT estimate [9] - Tesla faces intense competition in China, with BYD reporting a 12.1% rise in EV sales, reaching 1.76 million units [13] - Tesla achieved record sales of over 657,000 vehicles in China in 2024, driven by discounts, reflecting an 8.8% year-over-year increase [13] - The company faces significant challenges in the U.S. and Europe, including reduced subsidies and shifting market dynamics [14] Future Outlook and Strategic Vision - Tesla's future growth opportunities lie in electric vehicles, autonomy, artificial intelligence, energy storage, and robotics [3] - The company is viewed as a leading disruptive technology global player, not just an EV firm [10] - Tesla's ability to adapt under the Trump administration, particularly in areas like autonomous driving and AI, will be crucial [11] - The potential removal of EV subsidies could affect Tesla's profit margins but may also give the company an advantage over competitors [12] Analyst Ratings and Market Sentiment - JPMorgan maintained an Underweight rating on Tesla with a $135 price target, citing risks to 2024 earnings, which have already dropped 36% [8][9] - Wedbush analyst Dan Ives maintained that Tesla stock remains worth buying, emphasizing the company's broader strategic vision [10] - Truist Securities noted that Tesla will face challenges in selling vehicles in the coming months, with additional discounts impacting financial performance [10]
Analysts update Apple stock price target
Finbold· 2025-01-03 14:06
Group 1: Analyst Insights - Bernstein analyst Toni Sacconaghi raised Apple's price target from $240 to $260, citing strong fundamentals and growth trajectory [1] - Sacconaghi emphasized Apple's status as a "quality compounder" with mid-single-digit revenue growth, improving profit margins, disciplined capital returns, and double-digit EPS growth [1] - UBS analyst David Vogt maintained a neutral stance with a price target of $236, reflecting a belief that the current price does not present an ideal risk-reward setup [4] Group 2: User Base and Market Position - Apple has over 2.3 billion devices and nearly one billion unique users, which Sacconaghi describes as a demographically attractive user base [2] - Sacconaghi noted the upcoming iPhone 16 cycle appears lackluster, potentially leading to investor disappointment [2] Group 3: Technical Analysis - Apple's stock closed at $243.85, down $6.57 (-2.62%), near the lower end of its recent trading range of $241.25 to $260.10 [5] - The support zone between $237.75 and $241.52 is expected to cushion further downward movement, while the stock's position near its 52-week highs suggests alignment with broader market trends [6] - Resistance is noted between $249.87 and $259.03, with a break above this zone potentially signaling bullish continuation [8]
Analyst updates Amazon stock price target
Finbold· 2025-01-03 14:03
Thanks to the size of its business and position in several major and growing industries, such as e-commerce and artificial intelligence (AI), Amazon (NASDAQ: AMZN) has been a highly successful company in 2024 and in the years before.An early January 2025 rating revision provided by Wolfe Research’s Shweta Khajuria demonstrates the continued faith in the strong performance of AMZN shares and of Jeff Bezos’ company as a whole.Specifically, Khajuria explained that his firm still considers Amazon stock a ‘top p ...
Here's what is happening with Tesla stock as 2025 starts
Finbold· 2025-01-03 13:34
Tesla Inc. (NASDAQ: TSLA) began 2025 on a turbulent note, reporting record fourth-quarter vehicle deliveries for 2024 while marking its first annual delivery decline in over a decade.The drop has fueled concerns over rising competition and market saturation in the electric vehicle sector. Following the announcement, Tesla’s stock plunged 6% during the January 2 trading session, with premarket trading pricing shares at $381, extending a steep five-day decline to nearly 18%.Tesla five-day stock price. Source: ...
Fund manager warns Nvidia will end with $50 price target
Finbold· 2025-01-03 09:19
Stock Performance and Technical Analysis - Nvidia's stock is currently trading near the upper limit of its 52-week range, but some experts believe the company's exceptional gains may be nearing an inflection point [1] - Over the past month, Nvidia's share price has fluctuated between $126.86 and $146.54, indicating market indecision, with visible resistance levels just above the current price [2] - Key support zone is identified between $131.60 and $137.05, while resistance zones are noted between $139.78 and $141.19, and $147.64 and $148.89 [2][3] - Recent technical indicators suggest caution, with historical precedents showing that a dip below the 50-day moving average could lead to a breach of the 200-day moving average, signaling a weakening bullish trend [4] - The Chaikin Money Flow (CMF) indicator has hovered close to zero, indicating potential fading investor confidence, though it has not yet dipped decisively into negative territory [5][6] - Despite falling below its 50-day moving average, Nvidia's stock has yet to break below its 200-day moving average, with a critical threshold for such a breach being a price drop below $120 [7][8] Market Sentiment and Expert Opinions - Veteran fund manager Doug Kass predicts Nvidia's stock price could slide dramatically to the $50–$75 range, attributing this to "double ordering" practices in the semiconductor industry [10][11] - Double ordering, where customers inflate orders during high demand, may have significantly inflated Nvidia's reported revenue and profits, potentially leading to a stark recalibration as orders dry up [11] - Nvidia's dominance in the AI and semiconductor space has been driven by high-demand cycles, but reliance on these cycles and potential over-ordering practices could expose the company to sharper corrections if sentiment shifts [12] Potential Risks and Bearish Predictions - A drop to $54.72, representing a 60% crash from current levels, aligns with some of the more bearish predictions circulating among industry veterans [8] - The possibility of a significant downturn has market watchers speculating about the severity of a potential decline, with technical indicators and expert opinions pointing to heightened risks [8][10][11]
Fund manager warns Nvidia's ‘day in the sun' over with $50 price target
Finbold· 2025-01-03 09:19
Nvidia (NASDAQ: NVDA) has enjoyed a sustained period of growth, currently trading near the upper limit of its 52-week range. However, some experts believe the company’s exceptional gains may be nearing an inflection point, with a prominent hedge fund manager sounding the alarm over what could be a sharp reversal.Over the past month, Nvidia’s share price has fluctuated between $126.86 and $146.54—a relatively broad range indicating market indecision. The stock now sits near the middle of this range, with vis ...
Investment strategist picks 5 stocks to watch heading into 2025
Finbold· 2024-12-30 16:59
Group 1: AST SpaceMobile (ASTS) - AST SpaceMobile is currently trading at $21.27, reflecting a significant year-to-date growth of 338% [1] - The company is focused on developing SpaceMobile satellites and Direct-to-Cell technology, aiming to provide global satellite-to-cellphone connectivity for underserved regions [10][11] - The demand for connectivity in remote areas positions ASTS as a potential game-changer in global communication systems [11] Group 2: Advanced Micro Devices (AMD) - AMD is recognized for its pivotal role in the artificial intelligence semiconductor space, with a stock price of $122.75, experiencing a decline of almost 12% year-to-date [5][6] - Analysts predict a possible 40% increase in AMD's stock value in 2025, driven by its continued market expansion in AI [18] - The company's product lineup, particularly the MI300 GPUs and EPYC processors, is crucial for enhancing performance in data centers and AI workloads [12] Group 3: ARM Holdings - ARM Holdings is a key enabler in the global tech ecosystem, licensing advanced chip architectures that power various devices [15] - The company has seen an impressive stock performance in 2024, gaining 82% to trade at $126.08 [16] - ARM is expected to attract more interest as AI workloads and IoT continue to grow [16] Group 4: Meta Platforms - Meta Platforms has maintained a dominant position in the augmented reality (AR) and virtual reality (VR) markets, holding a 65% share of the global VR market in Q3 2024 [24][25] - The company's stock has rallied 71% year-to-date, valued at $589.94 [29] Group 5: Cameco Corporation - Cameco Corporation is a significant player in the nuclear energy sector, supplying enriched uranium for nuclear power plants globally [32] - The stock was valued at $51.58, reflecting over 22% growth in 2024, with attention drawn to its joint venture with Brookfield Renewable [28]