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2 Tesla Analysts Break Down Fundamentals, Valuation, China Prospects After Q4 Delivery Report
Monday, January 4, 2021 - 3:58pm | 597Tesla Inc (NASDAQ: TSLA) nearly met what many thought was an insurmountable 2020 deliveries target in the wake of the COVID-19 pandemic — and beat Street projections. What Happened: Tesla delivered 499,550 vehicles in 2020, just shy of CEO Elon Musk's 500,000-unit goal and ahead...
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JPMorgan Says Tesla's Valuation Is 'Difficult To Conceive In Any Imagined Scenario'
Wednesday, December 9, 2020 - 12:50pm | 510Shares of Tesla Inc (NASDAQ: TSLA) are up another 867% in the past year, and investors and analysts are as divided as ever about what to make of the red-hot stock. On Wednesday, one high-profile analyst raised his price target for Tesla but still sees significant downside from current levels. Tesla...
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Camping World Breaks Down After Q2 Earnings Miss: Wall Street Reacts
Thursday, August 8, 2019 - 5:15pm | 498Camping World Holdings Inc (NYSE: CWH) shares were crushed Thursday, one day after reporting a second-quarter earnings miss. The RV retailer reported second-quarter earnings of 46 cents per share, missing estimates by 23 cents. JPMorgan JPMorgan analyst Ryan Brinkman downgraded Camping World from...
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What To Make Of Tesla's Brutal Quarter
Thursday, April 25, 2019 - 10:38am | 669Tesla Inc (NASDAQ: TSLA) shares were surprisingly resilient Thursday morning after the company reported first-quarter earnings that disappointed Wall Street analysts across the board. Tesla reported an EPS loss of $2.90, which missed the consensus analyst estimates. First-quarter revenue was $4.54...
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Tesla Could Be In For A 'Bumpy' Year After Q1 Deliveries Came In Lower Than Expected
Thursday, April 4, 2019 - 8:16am | 658Tesla Inc (NASDAQ: TSLA) crashed 9 percent in pre-market trading after announcing first-quarter deliveries softer than forecasts. What Happened Plagued by new challenges, including expansion into global markets, Tesla had only delivered half its quarterly targets by March 21. It closed the quarter...
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JPMorgan Cuts Tesla Price Target After Meeting With Management
Friday, March 29, 2019 - 9:31am | 427Tesla, Inc. (NASDAQ: TSLA) is off to a bumpy start to 2019, and one Wall Street bear lowered his price target Friday after meeting with Tesla management. The Analyst JPMorgan analyst Ryan Brinkman reiterated his Underperform rating for Tesla and lowered his price target from $230 to $215. The...
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Tesla Meets Its Model 3 Production Goal, But Analysts Remain Largely Bearish
Wednesday, October 3, 2018 - 5:23pm | 920Tesla, Inc. (NASDAQ: TSLA), for the first time since Model 3 production began, has met its production goal. The automaker known for its autonomous technology and futuristic vision shared the good news Tuesday after a difficult stretch for the company, but it wasn't enough to move the stock out...
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Tesla's Stock Continues Fall After JPMorgan Cuts Target To $195
Monday, August 20, 2018 - 9:50am | 374Tesla Inc (NASDAQ: TSLA) CEO Elon Musk made his intentions clear he wants to take his company private at $420 per share. JPMorgan analysts cast some doubt on the latest developments, which reinforces a bearish stance on the stock. The Analyst JPMorgan analysts led by Ryan Brinkman maintain an...
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JPMorgan: Europe Looks Good For Ford, Bad For Tesla
Monday, April 16, 2018 - 12:45pm | 530A European tour of continental auto operations left a sell-side analyst increasingly bullish on Ford Motor Company (NYSE: F) and bearish on Tesla Inc (NASDAQ: TSLA). The Rating JPMorgan analyst Ryan Brinkman maintained an Overweight rating on Ford with a $14 price target. The Thesis European...
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JPMorgan Doubtful Tesla Will Hit Production Numbers
Thursday, May 5, 2016 - 3:02pm | 591JPMorgan said it doesn't believe Tesla Motors Inc (NASDAQ: TSLA) will be able to achieve 500,000 units of total production in 2018 (or 100,000 to 200,000 units of Model 3 production in 2017). The Production Forecast And Subsequent Concerns Tesla said it will produce 500,000 units not in 2020, but...
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JPMorgan Likes GM In The Near Term, But Raises Tesla's Long-Term Estimates
Tuesday, April 19, 2016 - 9:55am | 591JPMorgan sees first quarter earnings of General Motors Company (NYSE: GM) above consensus, while it trimmed near-term estimates of Tesla Motors Inc (NASDAQ: TSLA), albeit raising its long-term view. General Motors Analyst Ryan Brinkman raised GM's first-quarter EPS forecast to $1.08 from $0.95 and...
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JPMorgan On Ford: No Signs Of Imminent Downturn
Wednesday, March 23, 2016 - 7:32am | 321JPMorgan’s Ryan Brinkman reiterated an Overweight rating on Ford Motor Company (NYSE: F), with a price target of $18. No Imminent Downturn Following discussions with CFO Bob Shanks and V.P. & Controller Stuart Rawley at Ford Motor’s “Let’s Chat” event on...
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Auto Sales Preview: This Firm Sees Strong End To The Year
Friday, November 27, 2015 - 10:09am | 347Shares of both Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) have appreciated by single-digit percentages in the last one month. JP Morgan’s Ryan Brinkman mentioned that robust US in November and better-than-expected China sales bode well for the performance of...
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General Motors Breaks Out; Citi And JPMorgan Are Buying
Thursday, October 22, 2015 - 10:04am | 452General Motors Company (NYSE: GM) has seen 16.55 percent increase in its share price over the past three months to a high of $35.42 on October 21. J.P. Morgan’s Ryan Brinkman reiterated an Overweight rating on the company, while raising the price target from $45 to $47. Citi’s...
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JP Morgan Still Likes Goodyear, Boosts EPS And Price Target
Monday, June 8, 2015 - 10:17am | 304In a report published Monday, JP Morgan analyst Ryan Brinkman maintained an Overweight rating on Goodyear Tire & Rubber Co (NASDAQ: GT), while raising the price target from $35 to $36. "Goodyear announced last week the dissolution of its 16 year global alliance with Sumitomo Rubber Industries (...