FMP
Baird Reiterates Outperform Rating on Tesla, Expects Strong Q2 EPS and Potential Beat
Jul 16, 2024 5:01 PM - Davit Kirakosyan
Image credit: FMP
Baird analysts reaffirmed their Outperform rating for Tesla (NASDAQ:TSLA) with a price target of $280, noting they believe that the setup for Tesla's Q2 earnings is favorable and anticipate a high likelihood of an EPS beat. The analysts pointed to a stable pricing environment during the quarter, increased revenue from full self-driving, and significant outperformance in the Energy Segment as key factors supporting a robust quarter.
Additionally, Baird expects Tesla to unveil its next-generation platform at the forthcoming "Robotaxi" event, a view reinforced by recent delays and comments from CEO Elon Musk.
Other Blogs
Aug 7, 2024 3:53 AM - Parth Sanghvi
The Impact of Interest Rates on the Economy and Financial Markets: A Comprehensive Analysis
Interest rates play a crucial role in the economy and financial markets, influencing everything from consumer behavior to investment decisions. Understanding their impact is essential for making informed financial and investment decisions. This comprehensive analysis delves into how interest rates a...
Sep 10, 2024 7:33 AM - Parth Sanghvi
Best Alternatives to Yahoo Finance for Downloading Historical Stock Data
When it comes to downloading historical stock data, Yahoo Finance has been a popular choice for many. However, for those looking for more comprehensive, accurate, and flexible options, Financial Modeling Prep (FMP) offers a suite of powerful tools and services that stand out as superior alternatives...
Nov 8, 2024 5:30 AM - Sanzhi Kobzhan
Understanding Equity Valuation: When to Use DCF, DDM, and Price-Income (Multiplicators) Models
When it comes to investing in stocks, one of the key decisions an investor must make involves determining the intrinsic value of a company's shares. Equity valuation isn't just about numbers, it's an art mixed with science, aiming to predict future performance based on current and historical data. H...
