Tesla Inc Stock Forecast:
The average analyst target price for Tesla Inc over the next 12 months is USD 223.20, and the average analyst rating is Buy. Stock Target Advisor’s analysis of Tesla is Slightly Bullish, with 11 positive signals and 5 negative signals. Tesla’s current stock price is USD 207.46, which has increased by 8.95% over the past week and 8.67% over the past month, but has decreased by 42.62% over the last year.
Analysts Coverage Change:
Goldman Sachs maintains a “Buy” rating on Tesla Inc. and raises the price target to $225 from $200.
Positive Fundamentals:
The company has a high market capitalization and is among the top quartile in its sector, making it more stable. It has delivered superior risk-adjusted returns, return on equity, return on invested capital, and return on assets compared to its peers. The company has low debt, positive cash flow, positive free cash flow, and has shown superior earnings and revenue growth in the previous 5 years. It also has a high gross profit to asset ratio, indicating superior returns in the long run.
Negative Fundamentals:
The company’s total returns have been volatile and above its sector median over the past 5 years, indicating high volatility. The stock is overpriced compared to its peers on a price to earning, book value, cash flow, and free cash flow basis, and is priced above the sector median for each of these measures. Investors should exercise caution before investing in such a stock.
FA Score (Fundamental Analysis):
The fundamental Analysis of Tesla Inc. is “Slightly Bullish” with a FA score of 6.9 out of 10, where 0 is very bearish and 10 is very bullish.
