Consumer Discretionary

JPMorgan Chase: Lowered Tesla’s price target to $125 and maintained its underweight rating

JPMorgan analyst Ryan Brinkman will cut Tesla’s price target to $125 from $150 and maintain an underweight rating on the stock. The analyst lowered his expectations after Tesla reported fourth-quarter deliveries slightly above his model, arguing that new car deliveries appear to come at the cost of higher incentives, suggesting lower pricing and profit margins. In addition, the analyst told investors in a research note that fourth-quarter deliveries fell short of consensus expectations, dragged down by lower pricing, and consensus expectations for fourth-quarter earnings of $1.19 per share could be revised downward. He expects the stock’s multiples to shrink further as the company’s growth expectations slow.

JPMorgan Chase: Lowered Tesla’s price target to $125 and maintained its underweight rating Read Post »

Starbucks (NASDAQ:SBUX) stock price trend forecast and trading range -2023.1.3

Starbucks (NASDAQ:SBUX) stock price trend forecast and trading range analysis: 2023.1.3 From the stock price chart analysis, the recent stock price continues to be in the medium-term uptrend, the recent stock price moved between $95 and $105, short-term trading strategies can sell high and buy low above the support,  or hold. If the stock price breaks above the $105 pressure upwards, the target price can be raised to $120. From the analysis of financial statements, the revenue in the fourth quarter of fiscal 2022 was $8.414 billion, the market estimate was $8.32 billion, YoY+3.28%, net profit was $878 million, YoY-50.22%, EPS was $0.76, YoY-48.99%. Quarterly dividend of $0.53 per share. Adjusted earnings per share for the fourth quarter were $0.81, versus market estimates of $0.72, compared to $0.99 from Q4 2022. The brand advantage is obvious, the business continues to recover, but the stock price is not cheap, and the

Starbucks (NASDAQ:SBUX) stock price trend forecast and trading range -2023.1.3 Read Post »

Tesla’s new model was unveiled at the Guangzhou Auto Show and is expected to be delivered in the first half of 2023

On December 30, the 2022 Guangzhou International Auto Show opened, and Tesla unveiled its new models Model S Plaid and Model X Plaid. At the event, Tesla announced that the new models Model S Plaid and Model X Plaid will be officially announced on January 6, 2023, and delivery will begin in the first half of 2023.

Tesla’s new model was unveiled at the Guangzhou Auto Show and is expected to be delivered in the first half of 2023 Read Post »

Tesla (Nasdaq:TSLA) stock Price target Trend Forecast and trading range Analysis-2022.12.30

Tesla, Inc. (Nasdaq: TSLA)  stock Price target Trend Forecast and trading range Analysis: 2022.12.30 From the stock price chart analysis,  its support is $108,its resistance is $165.there is a well-established trading range between $108 and 140$,the stop-loss price is $106,the price target is $140,If the stock price bounces above $108, you can buy again,The trading strategy can be to sell high and buy low or to hold the shares until the share price reaches above the target price.if the stock price moves into below $108,next its resistance is $100 and its price maybe move into between $80 and $100.Hold stocks with a falling stock price trend cautiously. From Analysis from financial statements, Q3 2022 achieved revenue of US$21.454 billion, YoY+55.95%, net profit  of US$3.292 billion, YoY +103.46%, and EPS of US$0.95. R&D expenses were US$667 million, YoY+15.8%. Faced with demand worries and rising interest rates,405,278 deliveries and 439,701 production in

Tesla (Nasdaq:TSLA) stock Price target Trend Forecast and trading range Analysis-2022.12.30 Read Post »

Tesla (NASDAQ:TSLA) price target lowered to $205 from $235 at Goldman Sachs

Goldman Sachs analyst Mark Delaney lowered the firm’s price target on Tesla (NASDAQ:TSLA) to $205 from $235 and keeps a Buy rating on the shares after the company delivered about 405,000 vehicles and produced about 440,000 vehicles in Q4, missing consensus. The analyst considers the Q4 delivery report to be “an incremental negative,” although he continues to see Tesla as well positioned for long-term growth given its position as a cost and full solution leader in clean mobility/EVs.

Tesla (NASDAQ:TSLA) price target lowered to $205 from $235 at Goldman Sachs Read Post »

Tesla reports 405,278 deliveries in Q4 2022

Total deliveries Q4 2022: 405,278,up 31% from the same period a year before. Total production Q4 2022: 439,701 Total annual deliveries 2022: 1.31 million Total annual production 2022: 1.37 million These numbers represented a new record for the Elon Musk-led automaker and growth of 40% in deliveries year-over-year. According to a consensus of analysts’ estimates compiled by FactSet, as of Dec. 31, 2022 Wall Street was expecting Tesla to report deliveries around 427,000 for the final quarter of the year. Estimates updated in December, and included in the FactSet consensus, ranged from 409,000 to 433,000.

Tesla reports 405,278 deliveries in Q4 2022 Read Post »

Tesla Q4 is still expected to achieve record deliveries

Expect $Tesla (TSLA. US)$ will announce record quarterly deliveries in early January, but the company is grappling with inflation, rising interest rates, falling production and concerns about weak demand that may still struggle to keep investors happy. To clear inventory, Tesla is offering a rare $7,500 discount to U.S. customers who buy a Model 3 or Model Y, as well as 10,000 miles of free supercharging. Delivery volumes are one of the most closely watched indicators for investors, who are eager to see if Tesla can maintain its rapid growth. According to 16 analysts, global sales could reach 420,760 units in the fourth quarter, a forecast figure (excluding some recent analysts’ forecasts) that exceeded the record 343,830 vehicle deliveries in the third quarter. Robert W. Baird analyst Ben Kallo lowered his forecasts for fourth-quarter and 2023 deliveries to account for slowing production and a weaker macro environment. Kallo has an

Tesla Q4 is still expected to achieve record deliveries Read Post »

The Goldman Sachs Group Analysts Give NIKE (NYSE:NKE) a $133.00 Price Target

NIKE (NYSE:NKE – Get Rating) has been given a $133.00 target price by analysts at The Goldman Sachs Group in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The Goldman Sachs Group’s price target would indicate a potential upside of 13.67% from the stock’s previous close.

The Goldman Sachs Group Analysts Give NIKE (NYSE:NKE) a $133.00 Price Target Read Post »

Target (NYSE:TGT) Stock Price Trend Forecast and Market Analysis-2022.12.30

Target (NYSE:TGT) stock price trend forecast and market analysis: 2022.12.30 From the stock chart analysis, the recent stock price has rebounded slightly after falling below $140, and the probability of the stock price falling is high, and the short-term buy price is recommended above $140, the price target is $148, and the stop loss price is $140. Medium-term and long-term holding margins are not visible for the time being. The medium-term stock price trend falling to $130 is a high probability event, and the current stock price trend only suggests a short-term rebound. From Analysis from financial statements, Q3 2022 achieved revenue of $26.12 billion, market estimate of $25.97 billion, YoY+3.3%, net profit attributable to common shareholders of $712 million, YoY-52.1%, EPS of $1.54, and expectation of $2.15. Quarterly dividend of $1.08 per share. The basic performance judgment shows that the medium-term and long-term trading range is between $120 and

Target (NYSE:TGT) Stock Price Trend Forecast and Market Analysis-2022.12.30 Read Post »

Walmart (NYSE: WMT) Stock Price Trend Forecast and Market Analysis-2022.12.29

Walmart (NYSE: WMT) stock price trend forecast and market analysis: 2022.12.29 From the stock chart analysis, the recent stock price has fallen from the high of $154 of the rebound, and the probability of short-term stock prices fluctuating above and below the 60-day moving average is very high. If the stock price falls below $135, it may start a new short-term downtrend, and it is recommended that the short-term transactions buy price be held above $135 or sell high and buy low. Medium-term holding has a lower chance of profit.  The recommended short-term and medium-term stop loss price is $135. From Analysis from financial statements, Q3 2023 achieved revenue of $152.8 billion, YoY +8.7%, net income attributable to common shareholders -$1.798 billion, YoY-157.9%, EPS -$0.66. The company’s long-term holding value remains unchanged, and it is recommended to control the buying point at about $120 for long-term holding, and it is

Walmart (NYSE: WMT) Stock Price Trend Forecast and Market Analysis-2022.12.29 Read Post »

Tesla (NASDAQ:TSLA) price target Lowered to $250 at Morgan Stanley

Morgan Stanley analyst Adam Jonas lowered Tesla’s (NASDAQ:TSLA) price target to $250 from $330, maintaining an “overweight” rating. Considering the steep discount on electric vehicle prices, Jonas attributed the $43 price target reduction to the core automotive business. The analyst also attributed the $12 price target cut to the autonomous driving business and the $25 price target to the network services business.

Tesla (NASDAQ:TSLA) price target Lowered to $250 at Morgan Stanley Read Post »

S&P Global: The impact of insufficient supply of automotive chips is expected to slow in 2023

According to a report by research firm S&P Global, the impact of insufficient supply of automotive chips is expected to slow down in 2023, but global new vehicle sales of passenger cars and light commercial vehicles only increased by 5.6% year-on-year to about 83.6 million units, lower than in 2019 before the pandemic. Even though global new cars have been in short supply for two consecutive years, there are still accumulated orders undigested, and it is estimated that global new car sales in 2022 will decline by 1.3% year-on-year to only 79.2 million units.

S&P Global: The impact of insufficient supply of automotive chips is expected to slow in 2023 Read Post »

Scroll to Top