What Analysts Think of Tesla Stock Ahead of Earnings | Global News Avenue

Tesla (Tesla) will report fourth-quarter earnings after the bell on Wednesday, and analysts are mostly optimistic about the link. Chief Executive Officer (CEO) Elon Musk and the United States President Donald Trump.

Despite a rebound since the U.S. Analysts remain divided on Tesla stock heading into the election, with nine “buys,” six “holds” and three “holds” among brokers tracked by Visible Alpha. “Sell” rating. The electric car maker’s inventory is also average price target About $362, about 12% below Friday’s closing price, suggesting some analysts believe post-election rally causing the stock price to be too high.

Analysts expect Tesla to release income Fourth quarter revenue of $27.27 billion net income Estimated revenue of $2.31 billion, or 65 cents per share. In the same quarter last year, Tesla recorded revenue of US$25.17 billion and net profit of US$7.93 billion, which was adjusted by more than US$5 billion due to the “release of deferred tax asset valuation allowances”, boosting profits.

Tesla shares took a hit earlier this month as the company’s production and delivery figures for the quarter were released fell short of expectationswhich caused Tesla’s full-year vehicle delivery volume to decline year-on-year for the first time in the company’s history.

Analysts believe Tesla benefits from Musk’s ties to Trump

Analysts at Wedbush Securities, Morgan Stanley and Piper Sandler have all recently raised their price targets on Tesla stock to $550, $430 and $500 respectively.

Wedbush analysts noted that they believe the company will benefit from this MuskClose ties to the Trump administration during his second term. The Trump administration could provide an easier regulatory path for things like approving a new version of Tesla’s self-driving software and putting its autonomous “robo-taxi” on the road, analysts wrote.

Analysts at Piper Sandler said they believe investors will have a clearer picture of Tesla’s future by this time next year, when the timeline for new product launches, new versions of the company’s self-driving software and other artificial intelligence (AI) projects could change. Changes occur. More explicit.

However, Oppenheimer analysts said the bond between Trump and Musk could be damaged if a project like this were to take place. Musk’s “DOGE” cost-cutting initiative Because the government was not as successful as the two had hoped.

Ahead of Wednesday’s report, Tesla listed orders for a new version of its Model Y compact SUV on its website and said the vehicle would begin shipping in March with a starting price of about $60,000.

Tesla shares closed down more than 1% on Friday, but have risen more than 60% since the November 5 election.