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Patent Applications Hint At Tesla's Forthcoming Innovations
Friday, September 29, 2017 - 6:03pm | 449Elon Musk is spread pretty thin these days as he manages The Boring Company, SpaceX and Tesla Inc (NASDAQ: TSLA). In turn, Tesla’s spread pretty thin as it balances ventures in automotive manufacturing, solar energy and battery construction. As a Musk investor, it’s difficult to know...
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Here It Is: Your Tesla Q3 Deliveries Preview
Friday, September 29, 2017 - 1:39pm | 418Tesla Inc (NASDAQ: TSLA) may release third quarter vehicle delivery numbers within the next several days, and Tesla bulls are hoping the update will lift Tesla stock out of its recent funk. Tesla stock is down 7.5 percent in the past three months as Model 3 production begins. Unfortunately...
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Albemarle Downgraded With Little Opportunity Seen For Near-Term Upside
Monday, September 25, 2017 - 11:01am | 441Baird downgraded shares of Albemarle Corporation (NYSE: ALB), saying near-term execution is largely priced into the stock. This downgrade comes despite the firm having said Albemarle is positioned to capture growth in the lithium market. The firm downgraded shares of Albemarle from Outperform...
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Catalysts That Keep Tesla A Top Pick At Baird: Model 3, Semi-Trucks And 'Tesla Energy'
Monday, September 18, 2017 - 11:18am | 425After touring the new Tesla Inc (NASDAQ: TSLA) gigafactory in Reno, Baird analyst Ben Kallo is as bullish as ever on Tesla's stock. In a new note Monday, Kallo described ramping production that he believes will lead to capacity expansion and falling costs in the years ahead. Kallo last visited...
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Baird Analyst: Tesla Is Not A Good Short With Model 3 On Its Way
Monday, August 14, 2017 - 9:50am | 417Tesla Inc (NASDAQ: TSLA) is one of the most polarizing stocks in the market. Baird analyst Ben Kallo is among the most optimistic Tesla bulls. On Monday, Kallo reiterated his Overweight rating for Tesla and raised his price target for the stock from $368 to $411. He also issues a word of warning...
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Wall Street Weighs In On Tesla's Earnings Beat
Thursday, August 3, 2017 - 4:58pm | 547Tesla Inc (NASDAQ: TSLA) shares closed up 6.5 percent on Thursday after the company reported a smaller-than expected Q2 earnings loss and reiterated its Model 3 production guidance. A number of Wall Street firms weighed in on the polarizing stock following the report. Here’s a sampling of...
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Tesla Still A Top Pick On Q2 Beat, Strong Model Reviews
Thursday, August 3, 2017 - 9:07am | 383Analysts at Baird Equity Research continue to view Tesla Inc (NASDAQ: TSLA)'s stock as a "top pick for 2017" after the company's second-quarter results Wednesday came in "better than we feared." The firm's Ben Kallo maintains an Outperform rating on Tesla's stock with an unchanged $368 price target...
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Can Tesla 'Thread The Needle' In Q2? Baird Says It'll Be Buying On Any Weakness
Wednesday, July 26, 2017 - 3:14pm | 489One week ahead of Tesla Inc (NASDAQ: TSLA)’s second-quarter earnings report, Baird analyst Ben Kallo expressed reservations for the near-term but reiterated an Outperform rating and $358 price target nonetheless. The analyst revised his Q2 and fiscal 2017 estimates to reflect actual...
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Pivotal Checkpoint: The Bull And Bear Sentiment Around Tesla
Friday, July 7, 2017 - 11:28am | 690With Tesla Inc (NASDAQ: TSLA) set to roll out its first ever Model 3 on Friday, Tesla bulls and bears are digging in their heels and bracing for would should prove to be a pivotal stretch for the auto maker. For anyone who hasn’t taken a side in the hotly-contested debate, here’s a...
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Superior Manufacturing, Unique Automation Gives Tesla A Competitive Advantage For The Long Term
Tuesday, June 20, 2017 - 1:53pm | 460After meeting with Tesla Inc (NASDAQ: TSLA)'s management team, Baird senior research analyst Ben Kallo sees Tesla in a great position as he reiterated his Outperform rating with a $368 price target. “The Model 3 production ramp is on track and expects to achieve positive gross margin in...
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Does Tesla's 'Blue Sky' Valuation Still Leave Room For Upside?
Wednesday, May 24, 2017 - 12:23pm | 400Is Tesla Inc (NASDAQ: TSLA) on a path to $500 per share? Baird Equity Research believes it's feasible if company management is able to achieve its stated targets. “Based on consensus revenue compound annual growth estimates for 2016-2019E, we do not believe there are any companies of...
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Looking Beyond The Miss: Tesla's Balance Sheet Should Support Model 3 Launch As Solar Roof Heads Into Production
Thursday, May 4, 2017 - 12:07pm | 385Tesla Inc (NASDAQ: TSLA) shares are down 4.5 percent after the company reported a large first-quarter earnings miss Wednesday. However, Baird analyst Ben Kallo said the 2017 Tesla story is still on-track. According to Kallo, upside in Tesla’s stock is all about executing on its products....
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Sifting Through Patent Applications Gives A Glimpse Of Tesla's Innovations
Thursday, April 13, 2017 - 12:52pm | 315Ben Kallo of Baird reiterated an Outperform rating and $368 price target on Tesla Inc (NASDAQ: TSLA)'s stock after taking a deep-dive into the company's patent applications. New Patents Kallo uncovered 10 new patent applications that have been filed from January through March. Among the more...
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Tesla's Q1 Delivery Figures Boost Shares Over $292, But Baird Is Targeting The $368 Handle
Monday, April 3, 2017 - 10:43am | 384Tesla Inc (NASDAQ: TSLA) announced it delivered a little over 25,000 vehicles in the first quarter, in line with expectations. The company appears to be on track to meet or exceed its guidance for the first half of 2017, which could lend upside to shares, Baird’s Ben Kallo said in a report....
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Why Some Believe Tesla Will Make New Highs In 2017 On Model 3, Solar Roof Execution
Wednesday, March 29, 2017 - 1:10pm | 365Ben Kallo of Baird maintained an Outperform rating on Tesla Inc (NASDAQ: TSLA)'s stock with a $366 price target ahead of the company's first quarter delivery announcement, which is expected Monday. Tesla has already guided to deliver 47,000 to 50,000 Model S and X units in the first half of...