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Volkswagen's Rivian Investment 'De-Risks' Future Growth Plans But 'Funding Isn't Free': 7 Analysts Size Up JV News Against 'Challenging Backdrop For EVs'
Wednesday, June 26, 2024 - 11:55am | 1151Shares of Rivian Automotive (NASDAQ:RIVN) are trading higher Wednesday on the heels of an announced $5-billion investment by Volkswagen AG (OTC:VWAGY). Analysts are evaluating the new investment and previewing Rivian's investor day, which is set for Thursday. The Rivian Analysts: Truist analyst...
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8 Tesla Analysts Size Up Next-Gen Vehicles, FSD, AI And More: 'Potential To Be A Transformational Technology Company, Deliver Outsized Returns'
Wednesday, April 24, 2024 - 12:50pm | 1291Electric vehicle leader Tesla Inc (NASDAQ:TSLA) reported first-quarter revenue and earnings per share that missed Street consensus estimates. Here's a look at what analysts are saying after the report and for the future of the company. The Tesla Analysts: Truist analyst William Stein has a...
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Tesla Stock Faces Challenges In 2024, 2025: Analyst Highlights This Key Future Item, 'We Still Think TSLA Warrants A Place In Clients' Portfolios'
Wednesday, April 10, 2024 - 1:14pm | 504Leading electric vehicle company Tesla Inc (NASDAQ:TSLA) could be putting more emphasis on highlighting its driver-assistance tools. According to an analyst, Tesla's full self-driving (FSD) software and potential remain robust. The Tesla Analyst: Piper Sandler analyst Alexander Potter had an...
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Auto Analyst Compares Detroit 3 - Ford, GM, Stellantis - And 2 Auto Suppliers BorgWarner, Mobileye: Which 2 Stocks Have Top Ratings?
Friday, March 15, 2024 - 1:33pm | 874The automotive stock sector encompasses a wide range of companies. An analyst has initiated coverage on five leading automotive companies, comprised of three key automotive manufacturers and two automotive suppliers. The Automotive Analyst: Piper Sandler analyst Alexander Potter began coverage on...
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Polestar Downgraded On Price Cuts, Anti-China Concerns: '2024 Will Be A Make-Or-Break Year'
Friday, March 15, 2024 - 11:44am | 440Electric vehicle (EV) company Polestar Automotive Holding (NASDAQ:PSNY) recently lowered the starting price of its soon-to-be-released Polestar 3 vehicle. An analyst sizes up the future of the company. The Polestar Analyst: Piper Sandler analyst Alexander Potter downgrades Polestar from Overweight...
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Lyft's Stock Soars On Stellar Q4 Results: Analysts Range From Cautious To Optimistic
Wednesday, February 14, 2024 - 1:09pm | 854Shares of Lyft Inc (NASDAQ: LYFT) climbed in early trading on Wednesday, after the company reported upbeat results for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Truist Securities On Lyft Analyst Youssef Squali...
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Tesla Analyst Says Stock Worth Only $135 If Just EVs Were Considered, But Sees This Segment As 'Important Growth Driver'
Tuesday, February 6, 2024 - 12:56am | 554A bullish analyst, who reduced the price target for Tesla, Inc. (NASDAQ:TSLA) shares on Monday, said it could be time for investors to look beyond the company’s flagship electric vehicle manufacturing business. Valuation’s Sustainability: “No matter...
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Tesla 'Erred' With This Move, Bull Analyst Says As He Reduces Expectations For EV Stock
Monday, February 5, 2024 - 1:22pm | 486Tesla, Inc. (NASDAQ:TSLA) shares fell sharply Monday and pulled back below the $180 level, dragged by a few catalysts, including a downward price target revision by Piper Sandler. The Tesla Analyst: Piper Sandler analyst Alexander Potter maintained an Overweight rating and reduced the price target...
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Tesla Stares At Q3 Deliveries Miss, Rivian Not Losing Sleep Over Cybertruck, Nio's Rumored German Tie-Up And More: Biggest EV Stories Of The Week
Saturday, September 30, 2023 - 10:53am | 1299Electric vehicle stocks ended mostly higher in the week that ended on Sept. 29, even as the broader market showed muted sentiment despite the oversold levels. Tesla, Inc. (NASDAQ:TSLA) stock bounced around its recent bottom and yet closed slightly higher for the week. Here are the key events that...
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Tesla Analyst Sees No Stock Sell-Off Even After Slashing Q3 Delivery Estimates, Bear Asks If This Is 'High-School Cheerleading?'
Friday, September 29, 2023 - 8:43am | 480Tesla, Inc. (NASDAQ:TSLA) is scheduled to release its third-quarter deliveries in early October and even the most bullish analysts are modeling a miss relative to consensus expectations. Investor worry is centered around will the stock that is languishing currently comes under further selling...
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Tesla In Early Innings Of 'Golden Success Story;' Fisker, Lucid Come Calling To China; Ford's Farley On 'EV Price Parity' And More: Biggest EV Stories Of The Week
Saturday, June 10, 2023 - 9:47am | 1006Electric vehicle stocks had a mixed outing in the week ending June 9, with the upward momentum in Tesla, Inc. (NASDAQ:TSLA) shares accelerating. The Elon Musk-led company brought down charging infrastructure stocks following a deal it announced with General Motors Corp. (NYSE:GM). Here are the key...
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Piper Sandler Downgrades Rivian Automotive, Cuts Price Target By 76%: 'Frugality Matters More Than Ambition'
Friday, April 14, 2023 - 9:57am | 427Rivian Automotive Inc (NASDAQ: RIVN) shares dropped 3.4% on Friday morning after one Wall Street firm downgraded the electric vehicle maker. The Analyst: Piper Sandler analyst Alexander Potter downgraded Rivian from Overweight to Neutral and cut his price target from $63 to $15. Related Link: Clean...
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Tesla Rallies Off Q4 Earnings: This Item 'Was All Bulls Needed To Hear,' Analyst Says
Thursday, January 26, 2023 - 12:20pm | 802Electric vehicle giant Tesla Inc (NASDAQ: TSLA) beat analyst estimates for both revenue and earnings per share in the fourth quarter. Here's what the Street has to say Thursday about the quarterly print. The Tesla Analysts: Bernstein analyst Toni Sacconaghi has an Underperform rating...
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Why This Tesla Analyst Says 'Investors Should Be 'Proactively Buying' EV Stock
Thursday, January 19, 2023 - 10:55am | 438Tesla, Inc. (NASDAQ: TSLA) shares received another price target cut late Wednesday, although the analyst recommends that investors accumulate shares. The Tesla Analyst: Piper Sandler analyst Alexander Potter maintained an Overweight rating on Tesla shares and reduced the price target...
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Why Tesla Stock Is Sharply Falling Right Now
Thursday, January 19, 2023 - 7:19am | 226Tesla, Inc. (NASDAQ: TSLA) shares were declining sharply in premarket trading on Thursday. The stock has had a nice run-up to start the year, having rallied from an intraday low of $104.64 at the start of the year to an intraday high of $136.68 on Wednesday. This marked a trough-peak rally of 30.6...