Tesla (TSLA) Stock Could Rise More Than 100%, Claim Analysts

2019-6-17 15:38

Coinspeaker
Tesla (TSLA) Stock Could Rise More Than 100%, Claim Analysts

If you buy Tesla (TSLA) stock now, you will not earn $50, nor $100. If you buy it now, you will not earn $150 but magnificent $200 or even more than $3.000 if you choose to hold it for a while. And even you are not getting an additional set of knives, and this is not a TV sales channel, the truth is, some big analyst names are betting high on this company.

One of them is analyst Alexander Haissl of Berenberg who set the price of $500 for 2020 that implies more than 100% upside in the next year. He said:

“We maintain our bullish view on Tesla and see no reason to walk away from our price target of $500. Demand worries are overblown, as the Q1 volume weakness was largely self-inflicted by logistic problems, uncertainty about store closures and changing pricing structure, and not indicative of the underlying demand situation.”

Even braver is New Street Research analyst Pierre Ferragu who puts the target even 110% higher the median analyst forecast of $238. At the time of writing the stock was $214.92.

Ferragu claims that Q1 weakness does not change positive fundamental view, as it is not indicative of the underlying strength of the business.

Both of these super bullish investment theses seem to be emboldened by Tesla’s generally upbeat annual shareholder’s meeting this week. CEO Elon Musk sounded confident in the demand for the Model 3 (key issue that has the stock down 35% this year) and hinted at its hyped electric pickup truck hitting the market within 12 months.

Be it as it may, the truth is that Tesla is a “combat” stock. Its price fell 40% this year, before a 20% rebound in the past week. Some of the bears even think the company could implode into bankruptcy, while some bullish Wall Street analysts have a $4,000 price target.

One of the most optimistic is Ark Investment Research who claim TSLA stock can go even higher if the company’s able to launch a fully autonomous taxi network, charging passengers by the mile and taking a platform fee.

Musk already announced that by the end of 2019, Tesla plans to deliver full autonomy, although you’ll still have to supervise the driving, and by 2020, the goal’s to eliminate the need for supervision.

All of the bull theses are based on a fact that the price of battery pack systems is on a declining cost curve. That could eventually make them much cheaper than internal combustion engines, paving the way for a world of EVs.

Tesla (TSLA) Stock Could Rise More Than 100%, Claim Analysts

Similar to Notcoin - Blum - Airdrops In 2024

origin »

TeslaCoilCoin (TESLA) на Currencies.ru

$ 0.0009294 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0.0009294 - H: $0.0009294
Капитализация $0 Rank 99999
Доступно / Всего 0 TESLA

100 tesla tsla claim rise could stock

100 tesla → Результатов: 12


Nutty Professor Says Tesla’s Stock to Be Sub-$100 amid Likely Acquisition

By CCN: NYU Professor Scott Galloway presciently predicted Amazon’s acquisition of Whole Foods in 2017. He’s back. , and now the professor reportedly believes that Tesla is in the crosshairs of being acquired as investor frustration mounts, saying in a recent podcast: “My prediction is within 12 months Tesla is sub $100 per share and it probably gets acquired because there’s real value there.

2019-5-29 03:15


Фото:

КРИПТОЖМЫХ / Раздача 20 миллионов долларов от Джастина Сана, криптоограничения от ЦБ РФ и EOS-транзакция на 3,6 миллиарда

Март перешёл во вторую половину, и в нише криптовалют тоже стало теплее. Главным катализатором потепления стала инициатива основателя Tron. Джастин Сан решил раздать эквивалент 20 миллионов долларов, тогда как менее везучим достанется новенькая Tesla. Ещё порадовали продажи 100 тысяч Antminer...

2019-3-17 18:00