In recent trading session, Tesla Inc (NASDAQ:TSLA) saw 43.8 million shares changing hands at last check today with its beta currently measuring 2.31. Company’s recent per share price level of $224.26 trading at $8.27 or 3.83% at last check today assigns it a market valuation of $715.21B. That most recent trading price of TSLA’s stock is at a discount of -24.4% from its 52-week high price of $278.98 and is indicating a premium of 38.11% from its 52-week low price of $138.80. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 134.52 million shares which gives us an average trading volume of 98.98 million if we extend that period to 3-months.

For Tesla Inc (TSLA), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.55. Splitting up the data highlights that, out of 38 analysts covering the stock, 4 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 11 suggested the stock as a Hold whereas 23 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Tesla Inc (NASDAQ:TSLA) trade information

Upright in the green today for gaining 3.83%, in the last five days TSLA remained trading in the red while hitting it’s week-highest on Tuesday, 07/23/24 when the stock touched $224.26 price level, adding 12.32% to its value on the day. Tesla Inc’s shares saw a change of -9.75% in year-to-date performance and have moved -10.02% in past 5-day. Tesla Inc (NASDAQ:TSLA) showed a performance of 19.70% in past 30-days. Number of shares sold short was 104.46 million shares which calculate 0.86 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 227 to the stock, which implies a rise of 1.21% to its recent value today. Analysts have been projecting 85 as a low price target for the stock while placing it at a high target of 600. It follows that stock’s current price would jump 62.1% in reaching the projected high whereas dropping to the targeted low would mean a gain of 62.1% for stock’s current value.

Tesla Inc (TSLA) estimates and forecasts

Statistics highlight that Tesla Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 7.91% of value to its shares in past 6 months, showing an annual growth rate of -20.83% while that of industry is 2.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

In 2024, company’s earnings growth rate is likely to be around -23.87% while estimates for its earnings growth in next 5 years are of 15.30%.

TSLA Dividends

Tesla Inc is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Tesla Inc (NASDAQ:TSLA)’s Major holders

Insiders are in possession of 12.99% of company’s total shares while institution are holding 46.04 percent of that, with stock having share float percentage of 52.91%. Investors also watch the number of corporate investors in a company very closely, which is 46.04% institutions for Tesla Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at TSLA for having 233.6 million shares of worth $41.06 billion. And as of 2024-03-31, it was holding 7.3599 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 188.37 million shares on 2024-03-31. The number of shares represents firm’s hold over 5.9347 of outstanding shares, having a total worth of $33.11 billion.