-
Tesla's Stock Pulls Back After Q2 Earnings: What Do Analysts Think?
Tuesday, July 27, 2021 - 1:46pm | 827Tesla Inc (NASDAQ: TSLA) shares traded lower on Tuesday after the company’s second-quarter earnings beat failed to wow the market. Tesla reported adjusted second-quarter EPS of $1.45 on revenue of $11.96 billion. Both numbers exceeded analyst estimates of 98 cents and $11.3 billion,...
-
Why Wells Fargo Says Tesla's Present Is Perfect, Future Tense
Monday, May 24, 2021 - 12:33pm | 396Tesla, Inc. (NASDAQ: TSLA) shares have come off notably from a split-adjusted high of $900.40 in late January. Notwithstanding the sell-off, an analyst at Wells Fargo Securities has a cautious stance on the electric vehicle pioneer. The Tesla Analyst: Colin Langan initiated coverage of...
-
Why This GM, Ford Analyst Is Bullish On The Motor City Automakers
Monday, April 5, 2021 - 4:40pm | 286Wells Fargo initiated General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F) with Buy ratings on Monday. Here's what the analyst behind the sell-side moves had to say. The GM, Ford Analyst: General Motors is becoming a leader in autonomous, connected and...
-
Seeing Limited Catalysts Ahead, UBS Powers Down Lear
Thursday, September 12, 2019 - 1:02pm | 333Although Lear Corporation (NYSE: LEA) is well positioned in the tough macro environment, price concessions may continue to exert pressure and the progress at E-Systems may to too gradual, according to UBS. The Analyst UBS analyst Colin Langan downgraded the rating on Lear from Buy to Neutral ...
-
Auto Makers, Parts Companies Eye Mexico Tariff Talks After Trump Threat
Monday, June 3, 2019 - 3:47pm | 1085The auto industry is beginning the week with worries about President Donald Trump’s threat to put tariffs as high as 25 percent on U.S. imports from Mexico as officials from the two countries begin talking details. Mexican Economy Minister Graciela Marquez planned to meet Monday with U.S....
-
Model 3 Mayhem, China Prospects: Analysts Reflect On Tesla's Mixed Q4 Earnings
Thursday, January 31, 2019 - 12:18pm | 920Tesla Inc (NASDAQ: TSLA)’s story was little changed by mixed fourth-quarter earnings. “We believe 4Q results and the 2019 outlook give something for bulls and bears to exercise their imaginations,” Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius wrote in a note....
-
Goldman, UBS Remain Tesla Bears Ahead Of Q2 Print, See Capital Raise As Likely
Monday, July 30, 2018 - 12:16pm | 598Tesla Inc (NASDAQ: TSLA) will release its second-quarter financials on Wednesday, and the company’s bearish analysts don’t have high hopes. The Ratings Both UBS analyst Colin Langan and Goldman Sachs analyst David Tamberrino maintained Sell ratings on Tesla with $195 price targets. The...
-
UBS: Changes To Tesla's Automation Process Are 'Concerning'
Thursday, April 19, 2018 - 2:52pm | 397Tesla Inc (NASDAQ: TSLA) already missed first-quarter production targets, and as it prepares to release the period’s financial figures, some sell-side analysts are pessimistic. The Rating UBS analyst Colin Langan maintained a Sell rating on Tesla with a $195 price target. The Thesis...
-
Ford, GM Among The Top UBS Value Plays For 2018
Friday, December 15, 2017 - 2:27pm | 583Value stocks are favored in this market rotation and some auto names are riding the trend. Amid great disparity between growth and value, a UBS analyst expressed a preference for the likes of General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F). The Ratings Analyst Colin Langan...
-
Tesla's Q3 Could Be A Negative Catalyst Amid Unanswered Questions
Monday, October 30, 2017 - 11:23am | 412Third-quarter layoffs, reports of hand assembly and major Model 3 scaling concerns only justified UBS's bearishness on Tesla Inc (NASDAQ: TSLA). Considering the firm’s previously announced production miss, compounded by a decrease in zero-emission vehicle credits and lower...
-
A Preview Of Next Week's Blue-Chip Earnings
Sunday, October 22, 2017 - 7:44pm | 1413The earnings season is picking up momentum next week, with several widely followed and high-profile companies lined up to release their quarterly results. Here is a brief on companies due to report and what to expect from each. 1. General Motors Date of reporting: Oct. 24. Consensus: EPS: $1...
-
Delphi's Spinoff Upside Already Priced In?
Tuesday, October 10, 2017 - 9:42am | 465UBS in a note delved on Delphi Automotive PLC (NYSE: DLPH) and its plan to spin off its Powertrain business, which it announced May 3. The firm looked into whether the breakup upside is fully priced in the stock. The spinoff is expected to be complete in the first quarter of 2018. Amid this...
-
Earnings Watch: Apple, Tesla, Pfizer, Activision-Blizzard On Tap For Next Week
Friday, July 28, 2017 - 3:45pm | 599UBS keyed into expectations for some of next week’s highest profile earnings reports, providing updated insights for their high-conviction trading ideas. Among the names were Apple Inc. (NASDAQ: AAPL), Pfizer Inc. (NYSE: PFE), Tesla Inc (NASDAQ: TSLA) and Activision Blizzard, Inc. (NASDAQ:...
-
3 Optimistic Assumptions For Model 3 Underpinning Tesla's Valuation
Wednesday, July 26, 2017 - 10:15am | 375The Tesla Inc (NASDAQ: TSLA) Model 3 may be the most hyped product release in recent memory. With Tesla shares already up 59.6 percent in 2017, investors must ask themselves the million-dollar question: will the Model 3 actually live up to the hype? According to UBS analyst Colin Langan, the answer...
-
UBS Sees 50% Downside Potential In Tesla, Cautious On Model 3 Launch Timing
Thursday, May 4, 2017 - 10:46am | 992Is Tesla Inc (NASDAQ: TSLA) ripe for a correction after its meteoric rise since December 2016? One analyst thinks so. Tesla shares surged up by 71 percent during the period amid optimistic expectations concerning the Model 3 rollout and the company's strong deliveries guidance issued in early...