Tesla Inc (NASDAQ:TSLA) has a beta value of 2.44 and has seen 242.21 million shares traded in the last trading session. The company, currently valued at $618.86B, closed the last trade at $194.05 per share which meant it gained $25.76 on the day or 15.31% during that session. The TSLA stock price is -54.23% off its 52-week high price of $299.29 and 28.47% above the 52-week low of $138.80. The 3-month trading volume is 101.09 million shares.
Tesla Inc (NASDAQ:TSLA) trade information
Sporting 15.31% in the green in last session, the stock has traded in the green over the last five days, when the TSLA stock price touched $194.05 or saw a rise of 2.42%. Year-to-date, Tesla Inc shares have moved -21.91%, while the 5-day performance has seen it change 36.61%. Over the past 30 days, the shares of Tesla Inc (NASDAQ:TSLA) have changed 10.39%.
Tesla Inc (TSLA) estimates and forecasts
Figures show that Tesla Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -5.69% over the past 6 months, with this year growth rate of -12.82%, compared to 11.30% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -38.50% and -7.60% for the next quarter. Revenue growth from the last financial year stood is estimated to be -2.90%.
25 analysts offering their estimates for the company have set an average revenue estimate of $22.78 billion for the current quarter. 24 have an estimated revenue figure of $24.08 billion for the next quarter concluding in Sep 2024. Year-ago sales stood $24.93 billion and $22.09 billion respectively for this quarter and the next, and analysts expect sales will shrink by -8.60% for the current quarter and 9.00% for the next.
Earnings growth for 2024 is a modest -20.22% while over the next 5 years, the company’s earnings are expected to increase by 15.30%.
TSLA Dividends
Tesla Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
