Tesla Inc (NASDAQ: TSLA) – Suitable For Long Term Buy?

Currently, there are 3.22B common shares owned by the public and among those 2.80B shares have been available to trade.

The company’s stock has a 5-day price change of -4.83% and -37.66% over the past three months. TSLA shares are trading -38.10% year to date (YTD), with the 12-month market performance up to 40.80% higher. It has a 12-month low price of $138.80 and touched a high of $488.54 over the same period. TSLA has an average intraday trading volume of 90.34 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -14.02%, -28.91%, and -11.57% respectively.

Institutional ownership of Tesla Inc (NASDAQ: TSLA) shares accounts for 48.27% of the company’s 3.22B shares outstanding.

It has a market capitalization of $804.06B and a beta (3y monthly) value of 2.59. The stock’s trailing 12-month PE ratio is 122.64, while the earnings-per-share (ttm) stands at $2.04. The company has a PEG of 4.58 and a Quick Ratio of 1.61 with the debt-to-equity ratio at 0.19. Price movements for the stock have been influenced by the stock’s volatility, which stands at 8.02% over the week and 6.47% over the month.

Earnings per share for the fiscal year are expected to increase by 16.94%, and 34.19% over the next financial year.

Looking at the support for the TSLA, a number of firms have released research notes about the stock. Wells Fargo stated their Underweight rating for the stock in a research note on March 14, 2025, with the firm’s price target at $135-$130. Guggenheim coverage for the Tesla Inc (TSLA) stock in a research note released on March 12, 2025 offered a Sell rating with a price target of $170. UBS was of a view on March 10, 2025 that the stock is Sell, while TD Cowen gave the stock Buy rating on March 07, 2025, issuing a price target of $180- $388. The Benchmark Company on their part issued Buy rating on February 12, 2025.

Most Popular

Related Posts