Tesla unlikely to grow sales, Robotaxi success faces rocky road; Bernstein says
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/7/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Tesla (TSLA) PT Raised to $130 at JPMorgan, 'We are modestly lowering our estimates for 3Q24 earnings'
October 3, 2024 8:35 AM EDTJPMorgan analyst Ryan Brinkman raised the price target on Tesla (NASDAQ: TSLA) to $130.00 (from $115.00) while maintaining a Underweight rating.
The analyst comments "We are modestly lowering our estimates for 3Q24 earnings (to EPS of $0.60 from $0.64 prior), primarily on account of 3Q deliveries of 462,890, which tracked -4.4% less than the... More
Bernstein SocGen Group Reiterates Underperform Rating on Tesla (TSLA)
October 3, 2024 5:53 AM EDTBernstein SocGen Group analyst Toni Sacconaghi reiterated an Underperform rating and $120.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Tesla reported Q3 deliveries of ~463k (+6% YoY, +5% seq), in line with sell-side consensus of 462k, and likely slightly below third party expectations (~470K). Q3 units produced were 470K, resulting in a slight build in inventories, which are now 3.7 weeks. Energy storage shipments were 6.9 GWh, up 73% YoY, but... More
Goldman Sachs Reiterates Neutral Rating on Tesla (TSLA)
October 3, 2024 5:19 AM EDTGoldman Sachs analyst Mark Delaney reiterated a Neutral rating and $230.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Tesla reported preliminary 3Q24 vehicle deliveries of about 463k (up 4% qoq and up 6% yoy), and production of about 470k (up 9% yoy).... More
