Tesla Inc (NASDAQ:TSLA) has a beta value of 2.32 and has seen 86.73 million shares traded in the last trading session. The company, currently valued at $762.86B, closed the last trade at $239.20 per share which meant it lost -$10.03 on the day or -4.02% during that session. The TSLA stock price is -25.12% off its 52-week high price of $299.29 and 41.97% above the 52-week low of $138.80. If we look at the company’s 10-day average daily trading volume, we find that it stood at 141.05 million shares traded. The 3-month trading volume is 99.48 million shares.
The consensus among analysts is that Tesla Inc (TSLA) is Buy stock at the moment, with a recommendation rating of 2.53. 3 analysts rate the stock as a Sell, while 0 rate it as Overweight. 11 out of 37 have rated it as a Hold, with 23 advising it as a Buy. 0 have rated the stock as Underweight.
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Tesla Inc (NASDAQ:TSLA) trade information
Sporting -4.02% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the TSLA stock price touched $239.20 or saw a rise of 9.94%. Year-to-date, Tesla Inc shares have moved -3.73%, while the 5-day performance has seen it change -3.64%. Over the past 30 days, the shares of Tesla Inc (NASDAQ:TSLA) have changed 29.40%. Short interest in the company has seen 105.2 million shares shorted with days to cover at 1.45.
Wall Street analysts have a consensus price target for the stock at $205, which means that the shares’ value could drop -16.68% from current levels. The projected low price target is $85 while the price target rests at a high of $600. In that case, then, we find that the current price level is -150.84% off the targeted high while a plunge would see the stock lose 64.46% from current levels.
Tesla Inc (TSLA) estimates and forecasts
Figures show that Tesla Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 12.89% over the past 6 months, with this year growth rate of -20.51%, compared to 4.70% for the industry.
Earnings growth for 2024 is a modest -22.15% 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 August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Tesla Inc (NASDAQ:TSLA)’s Major holders
The top two institutional holders are VANGUARD GROUP INC with over 233.6 million shares worth more than $41.06 billion. As of 2024-03-31, VANGUARD GROUP INC held 7.3599% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 188.37 million shares as of 2024-03-31. The firm’s total holdings are worth over $33.11 billion and represent 5.9347% of shares outstanding.
