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Tesla's Q2 Deliveries Beat Draws Mixed Reaction From Analysts: Early Independence Day Celebration Or Giant Financial Incentive-Driven Transitory Boost?
Wednesday, July 3, 2024 - 4:04am | 935Tesla, Inc. (NASDAQ:TSLA) reported Tuesday above-consensus deliveries for the second quarter, sending its stock up by over 10% to its highest level in nearly six months. Analysts and fund managers weighed in on the report to decipher what led to the outperformance and its sustainability. Munster...
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EXCLUSIVE: Tesla Delivery Prediction Expert Expects Lower Numbers Than Analysts, Says China 'Not Exactly A Recovery'
Monday, July 1, 2024 - 4:08pm | 994Electric vehicle leader Tesla Inc (NASDAQ:TSLA) is expected to report second-quarter deliveries this week, with estimates seeing a decline on a year-over-year basis from the prior fiscal year. Analysts and Tesla experts are sharing their estimates ahead of the highly anticipated report. Benzinga...
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UAW Strike's Impact On Ford, GM, Stellantis Prices: A $5,000 Surge Or Just $500? Analysts Weigh In
Monday, October 2, 2023 - 5:10pm | 850The ongoing United Auto Workers‘ battle with Detroit’s Big Three — Ford Motor Co (NYSE:F), General Motors (NYSE:GM), and Stellantis N.V. (NYSE:STLA) — has raised concerns about potential car price hikes. While Initially staggering, analysts...
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Why These 3 Analysts Are Unimpressed With Ford's Q2 Beat
Thursday, July 28, 2022 - 12:18pm | 395Ford Motor Company (NYSE: F) crushed Wall Street expectations, with quarterly revenue at $40.2 billion, up 50% year-over-year, and adjusted earnings 68 cents per share, versus a consensus of 45 cents per share. RBC Capital Markets On Ford Motor Company Analyst Joseph Spak maintained a Sector...
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4 General Motors Analysts React To Q2 Earnings Miss, Ongoing Supply Chain Challenges
Wednesday, July 27, 2022 - 1:02pm | 571General Motors Company (NYSE: GM) shares rebounded by 2% on Wednesday after the company reported disappointing second-quarter numbers as it struggles with parts shortages. On Tuesday, GM reported adjusted second-quarter EPS of $1.14, missing consensus analyst estimates of $1.20. GM reported second-...
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Tesla Bitcoin Sale A Positive, But Can The Company Address The 'Elephant In The Room?': What 5 Analysts Are Saying
Thursday, July 21, 2022 - 4:19pm | 862Electric vehicle leader Tesla Inc (NASDAQ: TSLA) reported second-quarter financial results after market close Wednesday. FIve analysts broke down the quarterly results, what a large sale of Bitcoin (CRYPTO: BTC) could mean and what’s ahead for Tesla. The Tesla Analysts: Morgan Stanley...
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Why This Lear Corporation Analyst Is Bullish On Recovery Tailwinds, EV Growth
Tuesday, June 7, 2022 - 11:08am | 201Lear Corporation (NYSE: LEA) stock has lost 13% year-to-date and is now trading at a 17% discount to its 10-year average, which makes the valuation compelling, according to Wells Fargo. The Lear Analyst: Colin Langan upgraded the rating for Lear from Equal Weight to Overweight while...
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Why These Ford Analysts Are Concerned About Dearborn's Outlook
Friday, April 29, 2022 - 4:52pm | 284Ford Motor Company (NYSE: F) reported first-quarter adjusted earnings Wednesday of 38 cents per share, beating the consensus estimate of 29 cents per share. The company also reiterated fiscal 2022 EBIT guidance for between $11.5 billion and $12.5 billion and adjusted free cash flows between $5...
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4 GM Analysts Break Down Q1 Earnings: 'This Is Just Borrowing From 2023'
Wednesday, April 27, 2022 - 3:10pm | 514General Motors Company (NYSE: GM) reported first-quarter results Tuesday, with revenues of $35.98 billion missing Street expectations and adjusted earnings of $2.09 per share significantly beating the consensus estimate of $1.68 per share. RBC Capital Markets On General Motors: Analyst Joseph...
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Tesla Is Extending Lead In EV 'Arms Race' But Risks Remain: 4 Analysts React To Record Q1
Thursday, April 21, 2022 - 6:03pm | 790Electric vehicle giant Tesla Inc (NASDAQ: TSLA) reported record revenue, vehicle deliveries, operating profits and operating margins in the first quarter. Analysts reacted to the earnings report with several raising their price targets and outlook. The Tesla Analysts: Wedbush analyst Daniel Ives...
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Why Rivian Analysts Remain Confident After Automaker's Warning Of Production Shortfall
Friday, December 17, 2021 - 1:38pm | 746Rivian Automotive, Inc. (NASDAQ: RIVN) released its first quarterly report as a public company late Thursday. Although the third-quarter results were largely in line with expectations, the company's warning of a production shortfall spooked investors. The Rivian Analysts: Wedbush analyst...
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Why 2 Ford Analysts Are Upping Their Price Targets For Automaker
Thursday, December 16, 2021 - 12:12pm | 423Ford Motor Company (NYSE: F) is among the very few legacy automakers that have positioned themselves for a seamless transition into electric vehicles. On Thursday, the shares of the automaker received price target boosts from two sell-side analysts. The Ford Analysts: Wells Fargo Securities...
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Ford Analysts Break Down Q3 Earnings: 'Beat, Raise, Swagger'
Thursday, October 28, 2021 - 1:45pm | 418Ford Motor Company (NYSE: F) shares gained 8% on Thursday after the company reported a third-quarter earnings beat and surprisingly reinstated its dividend. Ford reported third-quarter adjusted EPS of 51 cents on revenue of $33.21 billion. Both numbers topped consensus analyst estimates of 27 cents...
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Tesla 'Margin Story' Taking Hold, Stock Priced to Perfection, Analysts Say After Q3 Print
Thursday, October 21, 2021 - 4:16pm | 1083Tesla, Inc. (NASDAQ: TSLA) shares advanced strongly Thursday in reaction to the electric vehicle maker's third-quarter earnings beat. Here is a compilation of sell-side's take on the quarterly results: The Tesla Analysts: BofA Securities analyst John Murphy reiterated a Neutral...
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General Motors Analysts React To Ambitious New Guidance: 'Story May Gain More Traction'
Thursday, October 7, 2021 - 2:10pm | 646General Motors Company (NYSE: GM) shares were gaining ground Thursday after the company updated its long-term financial guidance at its investor day event. The biggest headline number from day one of the event Wednesday was GM’s updated long-term guidance. The auto giant said...