Why To Invest In Tesla Inc (NASDAQ: TSLA) Stock?

In the last trading session, 130.5 million Tesla Inc (NASDAQ:TSLA) shares changed hands as the company’s beta touched 2.46. With the company’s per share price at $343.82 changed hands at $1.73 or 0.51% during last session, the market valuation stood at $1105.90B. TSLA’s last price was a discount, traded about -42.09% off its 52-week high of $488.54. The share price had its 52-week low at $167.41, which suggests the last value was 51.31% up since then.

Analysts gave the Tesla Inc (TSLA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.47. If we narrow down to specifics, the data shows that 4 out of 38 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 11 recommended TSLA as a Hold, 23 felt it is a Buy and 0 rated the stock as Underweight.

Tesla Inc (NASDAQ:TSLA) trade information

Instantly TSLA was in green as seen at the end of in last trading. With action 2.92%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -14.86%, with the 5-day performance at 2.92% in the green. However, in the 30-day time frame, Tesla Inc (NASDAQ:TSLA) is 51.13% up.

The consensus price target for the stock as assigned by Wall Street analysts is 380, meaning bulls need an upside of 9.52% from its current market value. According to analyst projections, TSLA’s forecast low is 137 with 450 as the target high. To hit the forecast high, the stock’s price needs a -30.88% plunge from its current level, while the stock would need to tank 60.15% for it to hit the projected low.

The 2025 estimates are for Tesla Inc earnings to decrease by -16.65%, but the outlook for the next 5-year period is at 19.55% per year.

TSLA Dividends

Tesla Inc is expected to release its next quarterly earnings report in June.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 5.9569% or 190.08 million shares worth $37.61 billion as of 2024-06-30.

Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 85.49 shares estimated at $29.39 billion under it, the former controlled 2.65% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.35% of the shares, roughly 75.6 shares worth around $25.99 billion.

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