In today’s recent session, 32.23 million shares of the Tesla Inc (NASDAQ:TSLA) have been traded, and its beta is 2.59. Most recently the company’s share price was $272.30, and it changed around $0.26 or 0.10% from the last close, which brings the market valuation of the company to $875.85B. TSLA at last check was trading at a discount to its 52-week high of $488.54, offering almost -79.41% off that amount. The share price’s 52-week low was $138.80, which indicates that the recent value has risen by an impressive 49.03% since then.
Tesla Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.61. If we narrow it down even further, the data shows that 9 out of 47 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 15 recommended TSLA as a Hold, whereas 13 deemed it a Buy, and 3 rated it as Underweight. Tesla Inc is expected to report earnings per share of 0.52 for the current quarter.
Tesla Inc (NASDAQ:TSLA) trade information
Instantly TSLA has been showing a green trend so far today with a performance of 0.10% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 303.94 on recent trading dayincreased the stock’s daily price by 10.41%. The company’s shares are currently down -32.57% year-to-date, but still down -6.36% over the last five days. On the other hand, Tesla Inc (NASDAQ:TSLA) is -29.03% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $272.5, which translates to bulls needing to increase their stock price by 0.07% from its current value. Analyst projections state that TSLA is forecast to be at a low of $88 and a high of $411.
Tesla Inc (TSLA) estimates and forecasts
The year-over-year growth rate is expected to be 14.68%, up from the previous year.
Consensus estimates provided by 23 financial analysts predict the company will bring in an average of 23.93B in revenue for the current quarter. 22 analysts expect Tesla Inc to make 27.3B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 21.3B and 25.5B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 12.35%. Forecasts for the next quarter put sales growth at 7.04%.
Tesla Inc earnings are expected to increase by 19.73% in 2025, but the outlook is positive 27.01% per year for the next five years.
Tesla Inc (NASDAQ:TSLA)’s Major holders
BLACKROCK INC., with 5.9662% or 190.08 million shares worth $37.61 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 86.08 shares worth $23.56 billion, making up 2.68% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 75.6 shares worth around $20.69 billion, which represents about 2.35% of the total shares outstanding.
